Hikvision completes share repurchase, capital reduction

Hangzhou Hikvision Digital Technology Co., Ltd. (Hikvision) completed the cancellation of 68,326,776 repurchased shares on September 4, 2025. This amount represents 0.74% of the company's total share capital prior to the cancellation. Following the cancellation, Hikvision's total share capital has decreased from 9,233,198,326 shares to 9,164,871,550 shares.

The share repurchase program was approved by the board of directors and shareholders in December 2024. The company utilized its own funds and specific share repurchase loans for the repurchase, with a total cost of RMB 2,028,349,444.12. The repurchase price ranged from RMB 27.06 to RMB 32.70 per share, with an average price of RMB 29.69 per share.

This share cancellation will not materially impact the company's financial condition or operating results, nor will it alter the company's control or its status as a listed company. Hikvision will update its articles of association to reflect the changes in registered capital and total share capital, and will complete the necessary registration and filing procedures.