Wuxi AppTec Co., Ltd. announced that its entire RMB6.78 billion U.S. dollar–settled zero-coupon convertible bonds due 2027 have been converted into H shares. As a result, no bonds remain outstanding.
The full conversion eliminates the need for the previously announced early redemption. The listing of the bonds on the Vienna Stock Exchange (VSE) will be withdrawn when trading opens on 25 September 2026.
The board of directors is chaired by Dr. Ge Li. The company had issued multiple updates on the bonds on 15 May, 21 May, 28 August and 21 September 2026.