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WUXI APPTEC: US Wrongly Includes Company on 'Chinese Military Companies' List; Company Will Take Measures to Challenge and Rectify
WUXI APPTEC (02359.HK) noted that the United States Department of Defense incorrectly included WuXi AppTec in its updated Section 1260H list of designated “Chinese military c...
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WUXI APPTEC: US Wrongly Includes Company on 'Chinese Military Companies' List; Company Will Take Measures to Challenge and Rectify
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WUXI APPTEC (02359.HK)  +1.200 (+0.997%)    Short selling $110.72M; Ratio 23.738%   noted that the United States Department of Defense incorrectly included WuXi AppTec in its updated Section 1260H list of designated “Chinese military companies”. It believed that the designation of WuXi AppTec on this updated list, along with the alleged basis for the designation, was clearly a mistake, and WuXi AppTec will take immediate actions to challenge and correct this erroneous designation.

WuXi AppTec does not meet the statutory criteria for designation as a “Chinese military company.” The allegation basis for its 1260H list designation is factually incorrect given that: (i) it is not owned or controlled by or affiliated with any military or government entity of the People’s Republic of China (PRC); (ii) it does not provide services to the PRC military; and it is not associated with the PRC’s defense industrial base or military-civil fusion programs.

Related News JPM: WUXI APPTEC (02359.HK) Inclusion in US 1260H List to Hurt Sentiment; Limited Fundamental Business Impact
WuXi AppTec is an independent, publicly traded company serving thousands of partners across over 30 countries to develop life-saving medicines for global patients. The integrity of its global operations is demonstrated by its track record, including more than 50 successful inspections by the United States, the European Union, and other regulators in 2025 alone, along with hundreds of customer audits.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-11 12:25.)

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