Hikvision announced that it has completed the cancellation of 68.3268 million shares, representing 0.74% of its original total share capital. The total amount of shares repurchased will not exceed 2.5 billion yuan, but will not be less than 2 billion yuan, at a price not exceeding 401 yuan per share. Following the cancellation, the company's total share capital will be reduced from 9.233 billion shares to 9.165 billion shares. This cancellation will not have a significant impact on the company's financial condition or operating results, nor will it alter its status as a listed company.