Vmax announced that the company previously disclosed the repurchase plan, then adjusted the total repurchase capital to no less than RMB 100 million and no more than RMB 200 million. The repurchase of shares was used to reduce registered capital and employee shareholding plans or equity incentives. As of October 23, 2026, the company has repurchased a total of 4.192 million shares, accounting for 1.00% of the total share capital, with a maximum transaction of 39.28 yuan/share, a minimum of 25.36 yuan/share, and a total disbursement of RMB 130 million.

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