The Zhitong Finance App learned that on Wednesday, Wuxin Technology (RLX.US) rose more than 3% to $2.37. According to the news, Foxin Technology announced that its board of directors has approved the extension of the current share repurchase program for 24 months until December 31, 2027. The current share repurchase program was initially set up in December 2021 and extended in December 2023. According to the existing share repurchase plan, the company can repurchase up to $500 million of common shares represented by American Depositary Shares (ADS) before December 31, 2025. As of December 31, 2025, the company has repurchased approximately 170 million shares of common stock represented by ADS, for a total amount of about US$330 million, and the remaining unused amount is approximately US$170 million. According to the deferred share repurchase plan, the company can repurchase ADS totaling approximately US$170 million before December 31, 2027.

The Zhitong Finance App learned that on Wednesday, Wuxin Technology (RLX.US) rose more than 3% to $2.37. According to the news, Foxin Technology announced that its board of directors has approved the extension of the current share repurchase program for 24 months until December 31, 2027. The current share repurchase program was initially set up in December 2021 and extended in December 2023. According to the existing share repurchase plan, the company can repurchase up to $500 million of common shares represented by American Depositary Shares (ADS) before December 31, 2025. As of December 31, 2025, the company has repurchased approximately 170 million shares of common stock represented by ADS, for a total amount of about US$330 million, and the remaining unused amount is approximately US$170 million. According to the deferred share repurchase plan, the company can repurchase ADS totaling approximately US$170 million before December 31, 2027.