Nature Home Holding Company Limited (SEHK:2083) commences share repurchases on July 21, 2020, under the program mandated by the shareholders in the Annual General Meeting held on June 22, 2020. As per the mandate, the company is authorized to repurchase up to 137,938,199 shares, representing 10% of its issued share capital. The purpose of the program is to enhance the net asset value per share and/or earnings per share. The repurchases will be made out of the funds legally permitted to be utilized in this connection in accordance with its memorandum of association, the Articles, the Hong Kong Listing Rules and the 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 22, 2020, the company had 1,379,381,990 shares in issue.