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WuXi AppTec Announces 2024 AGM with Key Resolutions

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WuXi AppTec Announces 2024 AGM with Key Resolutions

WuXi AppTec Co., Ltd. Class H ( (HK:2359) ) has provided an update.

WuXi AppTec Co., Ltd. has announced its Annual General Meeting (AGM) for 2024, scheduled to take place on April 29, 2025, in Shanghai, China. The AGM will address several key resolutions, including the approval of the 2024 financial and work reports, a profit distribution plan, and a special dividend for 2025. Additionally, the meeting will discuss the re-appointment of auditors, foreign exchange hedging limits, and the adoption of a new H Share Award and Trust Scheme for 2025. These resolutions aim to strengthen the company’s financial management and reward system, potentially impacting its operational efficiency and shareholder value.

More about WuXi AppTec Co., Ltd. Class H

WuXi AppTec Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the pharmaceutical and biotechnology industry. The company provides a broad range of services including research and development, manufacturing, and testing services for pharmaceutical, biotechnology, and medical device companies.

YTD Price Performance: 22.74%

Average Trading Volume: 6,118,226

Technical Sentiment Signal: Sell

Current Market Cap: HK$204B

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