 BEIJING, March 31, 2021 PRNewswire -- Puxin Limited NYSE: NEW Puxin or the Company, a successful consolidator of the after-school education industry in China, today announced that its board of directors has authorized a share repurchase program to repurchase through one or more transactions up to US20 million worth of its American depository shares ADSs, representing its ordinary shares, during a 12-month period ending on March 31, 2022 the Share Repurchase Program. Under the Share Repurchase Program, Puxin may purchase its ADSs through various means, including open market transactions, privately negotiated transactions, any combination thereof or other legally permissible means. 