WuXi AppTec: Completion of additional H-share issuance and placement, raising approximately HK$7.647 billion in net proceeds.

WuXi AppTec announced that it has completed the issuance of 73.8 million overseas-listed foreign shares, raising approximately HK$7.647 billion in net proceeds. Approximately 90% of the funds will be used for global expansion and capacity building, while approximately 10% will be used to supplement general operating expenses. Prior to this placement, the company did not issue any H shares under general authorization. After this placement, the company has utilized approximately 96.68% of its currently available general authorization.