On the morning of January 29, WuXi AppTec opened low and went low, hitting the fall limit again in the intraday! As of p.m.**, WuXi AppTec**1001% to 5936 yuan, with a turnover of 647.6 billion yuan.
On the previous trading day, on the afternoon of January 26, WuXi AppTec's stock price suddenly plummeted, closing the fall limit.
On the news side, the company noted that a draft version of the Biosecurity Act submitted to the U.S. House of Representatives on January 25, 2024, was mentioned, and a similar draft bill was recently introduced in the U.S. Senate.
WuXi AppTec said that the draft biosafety law has not yet come into effect, and the subsequent legislative process requires the U.S. House of Representatives and the U.S. Senate to vote on their respective versions of the bill to form a final version after being reviewed by the relevant committees. As a result, the content of the draft biosafety law (including the part referring to WuXi AppTec) is still subject to further consideration and possible changes. The Company is closely following the progress of the legislative process for this draft together with its consultants.
WuXi AppTec alleges that it has noted that the draft biosafety law contains content related to WuXi AppTec, which it considers to be neither appropriate nor accurate. The Company firmly believes that WuXi AppTec's business development does not pose a risk to the security of any country.
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