WuXi AppTec (603259.SH) plans to issue new H shares to raise approximately HK$7.65 billion.

Financial news from Wise Finance App, WuXi AppTec (603259.SH) announced that in order to meet the company's accelerated global layout and capacity construction, drive long-term development, provide efficient and ultimate service to customers, and ultimately achieve the goal of "making it easier to make medicines and treat difficult diseases", benefitting global patients, the company plans to issue overseas listed foreign shares (H shares) according to the authorization granted by the company's third board of directors at the twenty-fourth meeting, approved for approval at the 2024 annual general meeting of shareholders under the proposal to authorize the board of directors to issue additional A shares and/or H shares.