Wuxi Apptec Co., Ltd. announced that it expects to receive CNY 6.4572 billion in funding from WuXi AppTec Co., Ltd.
Wuxi Apptec (Shanghai) Co., Ltd. announced an equity round of CNY 6,457,200,000 in September 25, 2020. The transaction will include participation from returning investor WuXi AppTec Co., Ltd. (SHSE:603259). Post closing of the transaction, the company's registered capital will increase from CNY 6,000,000,000 to CNY 12,457,200,000. The investor will continue to hold 100% stake in the company. The transaction has been approved by 5th session of the investors 2nd directorate and the 5th session of the investors 2nd supervisory board.