CIFI Ever Sunshine Services Group Limited (SEHK:1995) commences share repurchases on September 16, 2021, under the program mandated by the shareholders in the Annual General Meeting held on June 2, 2021. As per the mandate, the company is authorized to repurchase up to 167,040,000 shares, representing 10% of its issued share capital. The repurchases will lead to an enhancement of the net asset value and/or earnings per share for the company. The repurchases will be financed out of funds legally available for such purpose in accordance with its Articles of Association and applicable laws of the Cayman Islands. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual general Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of June 2, 2021, the company had 1,670,400,000 shares in issue.