Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

WUXI APPTEC CO., LTD.*

ೌ፼ᖹ׼ੰᅃอᖹක೯ٰ΅Ϟࠢʮ̡

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2359)

END OF LOCK-UP PERIOD OF A SHARES WITH

RESTRICTED CONDITIONS ISSUED UNDER

THE PROPOSED NON-PUBLIC ISSUANCE OF A SHARES

References are made to (i) the announcements of WuXi AppTec Co., Ltd.* (ೌ፼ᖹ׼ੰ ᅃอᖹක೯ٰ΅Ϟࠢʮ̡) (the "Company") dated March 24, 2020 and May 29, 2020; (ii) the circular of the Company dated March 31, 2020 (the "Circular"); (iii) the poll results announcement of the Company dated May 15, 2020; and (iv) the announcement of the Company dated September 24, 2020 (the "Completion Announcement"), in relation to, among other things, the Proposed Non-public Issuance of A Shares. Unless otherwise defined, capitalized terms used in this announcement shall have the same meanings as those defined in the Circular.

INTRODUCTION

As disclosed in the Completion Announcement, on September 23, 2020, the Company has completed the Proposed Non-public Issuance of A Shares and registered such new shares with the Shanghai Branch of the China Securities Depository and Clearing Corporation Limited. Immediately following the completion of the Proposed Non-public Issuance of A Shares, the total number of Shares increased from 2,379,330,539 Shares to 2,442,020,829 Shares, and the total number of A Shares increased from 2,072,406,155 A Shares to 2,135,096,445 A Shares.

The basic information on the Proposed Non-public Issuance of A Shares is set out below:

Class of Shares:

A Shares

Nominal value per Share:

RMB1.00

Number of Shares issued:

62,690,290 A Shares

Issue price:

RMB104.13 per A Share, being no less than RMB87.81,

which is 80% of the average trading price of the A Shares

for the 20 trading days preceding the price benchmark date

(excluding the price benchmark date).

Gross proceeds:

RMB6,527.94 million

Costs of the issuance

RMB66.69 million

(exclusive of tax):

Net proceeds:

RMB6,461.25 million

Lock-up period:

The target subscribers shall not transfer the A Shares

subscribed under the Proposed Non-public Issuance of A

Shares within six (6) months from the listing of A Shares

under the Proposed Non-public Issuance of A Shares (the

"Lock-up Period").

- 2 -

The following sets forth the results of the Proposed Non-public Issuance of A Shares and certain information on the subscribers:

No.

Name of subscriberNumber of A Shares subscribed

Subscription amount (RMB)Lock-up Period

  • 1 Macquarie Bank Limited

    • 3,889,369 404,999,993.97 Six (6) months

  • 2 Deutsche Bank Aktiengesellschaft

  • 3 The Hongkong and Shanghai Banking

    Corporation Limited

  • 4 UBS AG

    2,621,722 1,968,692

    • 272,999,911.86 Six (6) months

    • 204,999,897.96 Six (6) months

    • 14,462,690 1,505,999,909.70 Six (6) months

  • 5 Merrill Lynch International

  • 6 Credit Suisse (Hong Kong) Limited

  • 7 Generali China - Fixed Increase Preferred

    Asset Management Product No. 33*

    (ʕจ༟ପ - ֛ᄣᎴ፯33໮༟ପ၍ଣ

    ପۜ) (Note 1)

  • 8 Changjiang Jinse Wanqing (Combined)

    Enterprise Annuity Plan - SPD Bank*

    (ڗϪږЍૉ౹ (ණΥۨ) Άุϋږࠇྌ -

    ऌ೯) (Note 2)

  • 9 Changjiang Old-age Insurance Co., Ltd. -

    China Pacific Life Insurance Stock Fixed

    Increase (Individuals Dividends) Entrusted

    Investment Management Account*

    (ڗϪቮϼڭᎈٰ΅Ϟࠢʮ̡ - ʕ਷˄̻

    ݱɛྪٰୃ֛ᄣۨ (ࡈʱߎ) ։ৄҳ༟၍

    ଣਖ਼˒) (Note 2)

  • 10 Beixin Ruifeng Fund Management Co., Ltd.*

    (̏ڦ๿ᔮਿږ၍ଣϞࠢʮ̡)

  • 11 CITIC-Prudential Fund Management Co., Ltd.*

(ʕڦڭ༐ਿږ၍ଣϞࠢʮ̡)

8,815,333 1,824,642 1,920,676

  • 917,940,625.29 Six (6) months

  • 189,999,971.46 Six (6) months

  • 199,999,991.88 Six (6) months

    1,824,642

  • 189,999,971.46 Six (6) months

    1,872,659

  • 194,999,981.67 Six (6) months

    9,603,380

  • 999,999,959.40 Six (6) months

  • 1,824,642 189,999,971.46 Six (6) months

No.

Name of subscriberNumber of A Shares subscribed

Subscription amount (RMB)Lock-up Period

  • 12 Caitong Fund Management Co., Ltd.*

    (ৌஷਿږ၍ଣϞࠢʮ̡)

  • 13 Shanghai Shenchuang Equity Investment Fund

    Partnership (Limited Partnership)*

    (ɪऎ͡௴ٰᛆҳ༟ਿږΥྫΆุ

    (ϞࠢΥྫ))

  • 14 Guizhou Railway Phase 1 No. 6 Equity

    Investment Fund Centre (Limited

    Partnership)*

    (൮ψ᚛༩ఠಂ௔໮ٰᛆҳ༟ਿږʕː

    (ϞࠢΥྫ))

  • 15 Hangzhou PolyUp Investment Management

    Co., Ltd. - PolyUp Multi-strategy No. 2

    Private Investment Fund*

    (؄ψිʺҳ༟၍ଣϞࠢʮ̡ - ිʺεഄ

    2໮ӷ෍ҳ༟ਿږ) (Note 3)

  • 16 Hong Tao* (ݳᏹ)

    2,448,861

    • 254,999,895.93 Six (6) months

      1,824,642

    • 189,999,971.46 Six (6) months

      1,834,245

    • 190,999,931.85 Six (6) months

      1,824,642

    • 189,999,971.46 Six (6) months

    • 1,920,676 199,999,991.88 Six (6) months

  • 17 Gao Jinhua* (৷ආശ)

  • 2,208,777 229,999,949.01

    Six (6) months

    Total

  • 62,690,290 6,527,939,897.70

-

Notes:

  • (1) This product is managed by Generali China Asset Management Co., Ltd.* (ʕจ༟ପ၍ଣϞࠢப΂ʮ ̡).

  • (2) This product is managed by Changjiang Old-age Insurance Co., Ltd.* (ڗϪቮϼڭᎈٰ΅Ϟࠢʮ̡).

  • (3) This product is managed by Hangzhou PolyUp Investment Management Co., Ltd.* (؄ψිʺҳ༟၍ ଣϞࠢʮ̡).

CHANGES IN THE TOTAL ISSUED SHARE CAPITAL OF THE COMPANY SINCE THE COMPLETION OF THE NON-PUBLIC ISSUANCE OF A SHARES

Following the completion of the Proposed Non-public Issuance of A Shares, the total issued share capital of the Company has changed from 2,379,330,539 Shares to 2,442,020,829 Shares.

Due to the departure of 42 incentive participants under the 2018 A Share Incentive Plan and the 2019 A Share Incentive Plan, a total of 336,008 Restricted A Shares were repurchased and cancelled and the relevant procedures were completed on December 17, 2020. Accordingly, the total issued share capital of the Company changed from 2,442,020,829 Shares to 2,441,684,821 Shares.

From January 28, 2021 to February 18, 2021, certain of the US$300 million zero coupon convertible bonds due 2024 issued by the Company (the "Bonds") were converted into H Shares by the relevant bondholders and the allotment of the converted H Shares took place. Accordingly, the total issued share capital of the Company changed from 2,441,684,821 Shares to 2,448,433,419 Shares.

On July 21, 2020, the Board resolved that the conditions for the first exercisable period of the share options granted under the reserved grant of the 2018 A Share Incentive Plan has been fulfilled. As such, a total of 160,720 units of the share options grants under the reserved granted of the 2018 A Share Incentive Plan becomes exercisable by two incentive participants. As at January 27, 2021, the Company received RMB4,541,320 from one of the aforementioned incentive participants to subscribed for 98,000 A Shares. After the completion of the registration of the 98,000 share options, the total issued share capital of the Company has changed from 2,448,433,419 Shares to 2,448,531,419 Shares.

From February 26, 2021 to March 17, 2021, certain of the Bonds were converted into H Shares by the relevant bondholders and the allotment of the converted H Shares took place. Accordingly, the total issued share capital of the Company changed from 2,448,531,419 Shares to 2,450,515,720 Shares.

INFORMATION ON THE A SHARES WITH RESTRICTED CONDITIONS TO BE AVAILABLE FOR TRADING

The number of A Shares with restricted conditions to be released from the trading restrictions is 62,690,290, representing approximately 2.56% of the total issued share capital of the Company as at the date of this announcement. The A Shares with restricted conditions will be available for trading from March 24, 2021. Details of the A Shares with restricted conditions which will become available for trading are as follows:

Unit: Share

Percentage of total number of A Shares with restrictedNumber of A Shares withconditions over the total IssuedNumber of

Number of remaining Arestricted share capital A Shares to Shares withNo. Shareholdersconditions being heldof the be availableCompanyfor tradingrestricted conditions

  • 1 Macquarie Bank Limited

    • 3,889,369 0.16 %

      3,889,369 0

  • 2 Deutsche Bank Aktiengesellschaft

    • 2,621,722 0.11 %

      2,621,722 0

  • 3 The Hongkong and Shanghai Banking

    • 1,968,692 0.08 %

      1,968,692 0

  • Corporation Limited

  • 4 UBS AG

    • 14,462,690 0.59 %

      14,462,690 0

  • 5 Merrill Lynch International

    • 8,815,333 0.36 %

      8,815,333 0

  • 6 Credit Suisse (Hong Kong) Limited

    • 1,824,642 0.07 %

      1,824,642 0

  • 7 Generali China - Fixed Increase Preferred Asset

    • 1,920,676 0.08 %

    1,920,676 0

    Management Product No. 33*

    (ʕจ༟ପ - ֛ᄣᎴ፯33໮༟ପ၍ଣପۜ)

    (Note 1)

  • 8 Changjiang Jinse Wanqing (Combined) Enterprise 1,824,642

    0.07 %

    1,824,642 0

    Annuity Plan - SPD Bank*

    (ڗϪږЍૉ౹ (ණΥۨ) Άุϋږࠇྌ - ऌ ೯) (Note 2)

Number of A Shares withPercentage of total number of A Shares with restricted conditions over the total IssuedNumber of

Number of remaining Arestricted share capital A Shares to Shares withNo. Shareholdersconditions being heldof the be availableCompanyfor tradingrestricted conditions

  • 9 Changjiang Old-age Insurance Co., Ltd. - China

    Pacific Life Insurance Stock Fixed Increase

    (Individuals Dividends) Entrusted Investment

    Management Account*

    (ڗϪቮϼڭᎈٰ΅Ϟࠢʮ̡ - ʕ਷˄̻ݱ

    ɛྪٰୃ֛ᄣۨ (ࡈʱߎ) ։ৄҳ༟၍ଣ

    ਖ਼˒) (Note 2)

  • 10 Beixin Ruifeng Fund Management Co., Ltd.*

    (̏ڦ๿ᔮਿږ၍ଣϞࠢʮ̡)

  • 11 CITIC-Prudential Fund Management Co., Ltd.*

    (ʕڦڭ༐ਿږ၍ଣϞࠢʮ̡)

  • 12 Caitong Fund Management Co., Ltd.*

    (ৌஷਿږ၍ଣϞࠢʮ̡)

  • 13 Shanghai Shenchuang Equity Investment Fund

    Partnership (Limited Partnership)*

    (ɪऎ͡௴ٰᛆҳ༟ਿږΥྫΆุ

    (ϞࠢΥྫ))

  • 14 Guizhou Railway Phase 1 No. 6 Equity

    Investment Fund Centre (Limited Partnership)*

    (൮ψ᚛༩ఠಂ௔໮ٰᛆҳ༟ਿږʕː

    (ϞࠢΥྫ))

  • 15 Hangzhou PolyUp Investment Management Co.,

    Ltd. - PolyUp Multi-strategy No. 2 Private

    Investment Fund*

    (؄ψිʺҳ༟၍ଣϞࠢʮ̡ - ිʺε

    ഄଫ2໮ӷ෍ҳ༟ਿږ) (Note 3)

  • 16 Hong Tao* (ݳᏹ)

  • 17 Gao Jinhua* (৷ආശ)

  • 1,872,659 0.08%

  • 9,603,380 0.39 %

  • 1,824,642 0.07 %

  • 2,448,861 0.10 %

1,824,642

1,834,245

1,824,642

1,920,676 2,208,777

1,872,659 0

9,603,380 0

1,824,642 0

2,448,861 0

0.07%

0.07%

0.07%

0.08% 0.09%

1,824,642 0

1,834,245 0

1,824,642 0

1,920,676 0

2,208,777 0

Total

62,690,290

2.56%

62,690,290 0

Notes:

(1)This product is managed by Generali China Asset Management Co., Ltd.* (ʕจ༟ପ၍ଣϞࠢப΂ʮ ̡).

  • (2) This product is managed by Changjiang Old-age Insurance Co., Ltd.* (ڗϪቮϼڭᎈٰ΅Ϟࠢʮ̡).

  • (3) This product is managed by Hangzhou PolyUp Investment Management Co., Ltd.* (؄ψිʺҳ༟၍ ଣϞࠢʮ̡).

CHANGES IN THE SHAREHOLDING STRUCTURE OF THE COMPANY IMMEDIATELY BEFORE AND AFTER THE END OF THE LOCK-UP PERIOD

The following table sets forth the breakdown of the Shares with restricted conditions and the Shares without restricted conditions (i) immediately before the end of the Lock-up Period; and (ii) immediately after the end of the Lock-up Period:

Shares in issue with restricted conditions (A Shares)

Before the end

After the end

of the Lock-up

of the Lock-up

Period

Change

Period

210,054,329

-24,978,389

185,075,940

29,177,816

-4,129,453

25,048,363

482,291,095

-33,582,448

448,708,647

721,523,240

-62,690,290

658,832,950

A Shares in issue without restricted conditions

1,413,335,197

62,690,290

1,476,025,487

315,657,283

0

315,657,283

Total number of Shares

2,450,515,720

0

2,450,515,720

Hong Kong, March 18, 2021

Unit: Share

  • 1. Shares held by other domestic legal persons

  • 2. Shares held by domestic natural persons

  • 3. Shares held by foreign legal and natural persons

Total number of Shares in issue with restricted conditions (A Shares)

H Shares

By order of the Board WuXi AppTec Co., Ltd.*

Dr. Ge Li Chairman

As at the date of this announcement, the Board comprises Dr. Ge Li, Mr. Edward Hu, Dr. Steve Qing Yang, Mr. Zhaohui Zhang and Dr. Ning Zhao as executive Directors, Mr. Xiaomeng Tong and Dr. Yibing Wu as non-executive Directors and Dr. Jiangnan Cai, Ms. Yan Liu, Mr. Dai Feng, Dr. Hetong Lou and Mr. Xiaotong Zhang as independent non-executive Directors.

* For identification purposes only

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WuXi AppTec Co. Ltd. published this content on 18 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2021 14:07:01 UTC.