WUXI APPTEC (02359.HK): removed from DoD 1260H CMC list
- The company sued the DoD in the US District Court for the District of Columbia on 11 June 2026 and moved for a preliminary injunction on 29 June 2026.
- The court heard the motion on 22 July 2026 and ruled on 7 August 2026, with the Deputy Secretary determining that the order should be complied with.
NewTimeSpace News: On 10 November 2026, WuXi AppTec Co., Ltd. (stock code: 02359) said the US Department of Defense (DoD) had decided to remove it from the Chinese military companies (CMC) list under Section 1260H. The company was designated a CMC on the updated 1260H list on 8 June 2026 (US time), sued the DoD in the US District Court for the District of Columbia on 11 June 2026, and moved for a preliminary injunction on 29 June 2026.
The court heard the motion on 22 July 2026 and ruled on 7 August 2026. On 9 November 2026 the company learned that the DoD had decided to remove it from the list, with the Deputy Secretary determining that the court order granting the injunction should be complied with. The company said the decision shields it from further adverse effects of the designation, having announced the matter on 9 and 11 June and 9 August 2026.
- WUXI APPTEC(02359.HK): 2026 Nine-Month Report - Profit Attributable to Shareholders stood at CNY 19.16 billion, YoY increase of 62.36%
- Implementation of the Pharmaceutical Industry Development “15th Five-Year Plan” and Standout Data for Domestic Novel Drugs at WCLC: Chinaamc Hang Seng Hong Kong Biotech Index ETF (03069.HK) Rose 10.82%
- WUXI APPTEC (02359.HK): US Court Grants Preliminary Injunction, Company Shielded from Immediate Adverse Effects While Challenging DoD 1260H Designation
- HK Stock Connect Weekly Report: Earnings catalysts resonate with policy dividends, "innovative drugs + large models" dual mainlines unfold in HK Stock Connect - 20260807
- WUXI APPTEC(02359.HK): 2026 Interim Report - Profit Attributable to Shareholders stood at CNY 11.08 billion, YoY increase of 33.7%