WuXi AppTec disclosed a board-approved plan to repurchase up to RMB1.00 billion of its A shares on the Shanghai Stock Exchange within 12 months, aiming to fund the company’s employee stock ownership plan (ESOP).

The programme, cleared at the 2025 annual general meeting on 28 April 2026 and ratified by the board on 9 June 2026, authorises the chief financial officer to execute market repurchases at prices not exceeding RMB156.95 per share—equivalent to 150% of the 30-day average trading price prior to board approval.

Assuming the full RMB1.00 billion allocation and the stated price cap, approximately 6.37 million A shares could be bought back, representing about 0.21% of the 2.98 billion shares in issue. All repurchased stock will be transferred to the ESOP; any unused balance after three years must be cancelled in line with regulatory requirements.

Management emphasised that the buyback will be funded entirely from internal resources. As of 31 December 2025, the planned outlay equals 0.97% of total assets (RMB103.12 billion), 1.25% of shareholders’ equity (RMB79.71 billion) and 1.62% of current assets (RMB61.68 billion), suggesting limited impact on liquidity, debt-servicing capacity or ongoing operations.

Potential risks highlighted include: 1) failure to execute if the market price remains above the set cap, 2) suspension or termination should material events alter operating conditions, and 3) incomplete allocation if the ESOP is not fully subscribed.

A designated repurchase account has been opened, and progress updates will be disclosed in accordance with regulatory requirements. Shareholders and investors are advised to exercise caution when dealing in the company’s securities.