Chinese Universe Publishing and Media Group Co., Ltd. (SHSE:600373) commences share repurchases on January 3, 2019, under the program mandated by the shareholders in the Extraordinary General Meeting held on November 12, 2018. As per the mandate, the company is authorized to repurchase its own shares for not more than CNY 600 million. The shares will be purchased at a price not exceeding CNY 14.50 per share. The repurchase program is valid for a period of 12 months from shareholders' approval.