WuXi XDC Cayman Inc. (WuXi XDC) filed its Monthly Return for the period ended 31 March 2026, detailing a modest increase in issued share capital driven entirely by employee option exercises. Key take-aways are as follows:
1. Issued Share Capital • Issued shares rose by 0.84 million to 1.26 billion, a 0.07% month-on-month increase. • The entire change stemmed from the exercise of Pre-IPO share options; no treasury shares were issued, sold or transferred.
2. Authorised Share Capital • Authorised capital remained unchanged at 10.00 billion ordinary shares with a par value of USD 0.00005 each, equivalent to USD 0.50 million.
3. Public Float • The company confirmed compliance with the Hong Kong Exchange’s public-float requirement. The minimum prescribed float at listing was 16.47% of issued shares (excluding treasury shares).
4. Option Activity and Proceeds • Six tranches under the 2021 and 2023 Pre-IPO Share Option Schemes accounted for all new issuance during the month. • Gross proceeds collected from option exercises reached RMB 2.73 million. • Outstanding options at the end of March totalled approximately 99.02 million shares, representing 7.87% of the enlarged share base.
5. Potential Future Dilution • The 2024 Share Scheme holds authority to issue up to 10.29 million additional shares; none were issued in March. • No warrants, convertible securities, or other equity instruments were outstanding or exercised during the month.
6. Treasury Shares • The company held zero treasury shares at both the beginning and end of the reporting period.
WuXi XDC’s capital structure therefore remains largely stable, with incremental dilution confined to employee incentive programmes. All new shares were duly authorised, fully paid and in compliance with Hong Kong Listing Rules, according to the company’s filing dated 08 April 2026.
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