Jinxin Fertility Group Limited (SEHK:1951) commences share repurchases on May 12, 2020 under the program mandated by the shareholders through written resolutions on June 3, 2019. As per the mandate, the company is authorized to repurchase up to 238,081,580 shares, representing 10% of its issued share capital. Any repurchase will be made out of funds which are legally available for the purpose in accordance with the bye-laws and the laws of the jurisdiction in which the company is incorporated. The repurchase program will lead to an enhancement of the earnings per share in the company. 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 13, 2019, the company has 2,380,815,802 shares in issue.