Zhong Guo Jing Ji Wang·2025-10-30 06:48Core Points - The company WuXi AppTec (603259.SH) announced a share reduction plan by its controlling shareholders due to personal funding needs [1][2] - The total number of shares to be reduced is up to 2% of the company's total share capital, amounting to a maximum of 59,675,143 shares [1] - The reduction will occur through centralized bidding and/or block trading within three months after the announcement [1] Summary by Sections - Share Reduction Details - The controlling shareholders plan to reduce their holdings by a maximum of 59,675,143 shares, which is 2% of the total share capital [1] - The reduction will be executed through centralized bidding, with a limit of 29,837,571 shares (1% of total share capital) within any consecutive 90 days [1] - Block trading will also be utilized, allowing for the same maximum reduction of 59,675,143 shares within a 90-day period [1] - Financial Implications - Based on the closing price of 106.04 CNY per share on October 29, the total value of the shares to be reduced is approximately 6.328 billion CNY [2] - As of the announcement date, the controlling shareholders hold a total of 543,364,675 shares, representing 18.211% of the company's total share capital [2] - Ownership Structure - WuXi AppTec does not have a single controlling shareholder; instead, Ge Li, Zhang Chaohui, and Liu Xiaozhong act as the actual controllers through a consensus agreement [2]