MAXVISION announced that the company's repurchase and cancellation of restricted stocks involves 7 incentive targets, with a total of 29,800 restricted stocks being repurchased and canceled, accounting for 0.01% of the company's total share capital before the repurchase and cancellation. The total amount paid for this repurchase by the company is RMB 425,500. As of the date of this announcement, the company has completed the repurchase and cancellation procedures for the above-mentioned restricted stocks at the Shenzhen branch of China Securities Depository and Clearing Corporation Limited. After the completion of this repurchase and cancellation, the company's total share capital remains at 261 million shares
