Wuxin Smart announced on September 23 that the company held the 34th meeting of the fourth board of directors on the same day to review and pass the “Proposal on Cancelling the Repurchase of Shares”. The company plans to cancel 484,317 shares held in the company's special securities account. The cancellation of the share repurchase matters still needs to be submitted to the company's shareholders' meeting for consideration and approved by at least two-thirds of the total number of valid voting rights attending the shareholders' meeting.

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