WUXI APPTEC (02359.HK): US Court Grants Preliminary Injunction, Company Shielded from Immediate Adverse Effects While Challenging DoD 1260H Designation

NewTimeSpace News: Wuxi AppTec Co., Ltd. (stock code: 02359) announced on August 9 that the United States District Court for the District of Columbia ruled on August 7, 2026 (US time) on the Company's motion for a preliminary injunction, granting the injunction sought by the Company, which shields the Company from immediate adverse effects of the 1260H designation during the judicial proceedings challenging the designation by the US Department of Defense (the "DoD").

Reference is made to the Company's announcement dated June 11, 2026 in relation to the lawsuit filed against the DoD's designation of the Company on the 1260H list. The Company strongly opposes the erroneous 1260H designation and has taken legal action to protect the Company and the interests of its shareholders, employees, partners and customers. Following the lawsuit filed against the DoD on June 11, 2026, the Company filed a motion for a preliminary injunction with the Court on June 29, 2026, seeking to enjoin the DoD from enforcing, implementing or taking any other action based on the 1260H designation, and the Court held a hearing on the motion on July 22, 2026.

The Company stated that it has always believed that facts will ultimately prevail through objective and impartial judicial review; in the meantime, the Company's business continues to operate normally in all respects, and the Company will remain firmly customer-focused and continue to provide the high-quality services and support that customers need. The Company reminded shareholders and potential investors to exercise caution when dealing in the Company's shares.

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