This is a touchy question, particularly for a hirsute (and handsome) bugger such as myself.
The answer is no. I can think of no instance when hair follicles are any way connected to reproductive organs, though it is a strange mutation. Perhaps the follicles you had there have died and you’ve lost your hair? Never mind.
But to your question. If you actually mean: “Will it hurt my odds of having a chance to reproduce,” then I’m afraid I have a different answer.
A lot of it depends upon your species. If you’re a fish, then my guess is the lack of hair will not impinge upon your ability to score.
If you’re a human, then yes it will. Quite badly. Particularly if you’re a human female. Human males, on the other hand, have been known to plant their seed, so to speak, without a decent head of hair, but they often have to compensate in some other way. Fame. Power. An extremely large . . . bank account. All of these may work on the curious human female.
So go find some of that, is this is your case. But there is a caveat. Quite often those bald-headed males will instead have a luxuriant coat on their back.
This is a major turn-off for most human females. But catnip for other primates, if you catch my drift.
Next week: I have slipped into another dimension. Will this prevent me from a rewarding career?