Hywin Holdings Ltd., through its subsidiaries, provides wealth management, insurance brokerage, and asset management service in China. It distributes private market investment products comprising asset-backed products, such as real estate securitization products, and equity investments in real estate projects or private project companies; venture capital, private equity, and hedge funds; and supply chain financing products, cash management products, and funds managed by its subsidiaries. The company also offers public market investment products, including money market funds, such as government bonds, central bank bills, term deposits, certificates of deposits, and corporate commercial papers; government bonds, corporate bonds, convertible bonds, and other traded debt instruments; and equities and multi-strategy funds. In addition, it provides individual whole life insurance, individual term life insurance, universal life insurance, individual health insurance, and annuity insurance products, as well as critical illness insurance comprising personal accident insurance products; discretionary and advisory mandates to ultra-high-net-worth clients; and overseas property investment services for residential properties, as well as client referrals to overseas property developers. Further, the company manages and distributes a range of private funds to professional investors; and offers information technology services, including transaction process management, data analysis, and system maintenance services to asset management service and financial product providers. The company was founded in 2006 and is headquartered in Shanghai, China. Hywin Holdings Ltd. is a subsidiary of Grand Lead Group Limited.
IPO Year: 2021
Exchange: NASDAQ
Website: https://ir.hywinwealth.com
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SHANGHAI, China, June 27, 2022 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin Wealth", "Hywin", or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced that Mr. Vincent Chun Hung Chan has been appointed to its Board of Directors, effective June 27, 2022. Mr. Vincent Chun Hung Chan will be serving as an independent non-executive director of the Company. With over 28 years of experience in private equity in Asia, Mr. Chan has been the Director of Samena Capital, which principally engages in private equity investment, since March 2021 and was a Senior Managing Director and Head of Asia of Samena Capital from 2016 to 2021. From 1991
SHANGHAI, June 28, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin", or the "Company") (NASDAQ:HYW), today announced that an extraordinary general meeting (the "EGM") of the Company will be held at Meeting Room 15B, Level 15, AIA Central, No.1 Connaught Road Central, Central, Hong Kong on Wednesday, July 17, 2024, at 10:00 a.m., Hong Kong Time (or 10:00 p.m. Tuesday, July 16, 2024, New York Time). Copies of the notice of the EGM, which sets forth the resolutions to be submitted for shareholder approval at the EGM, along with the form of proxy and form of voting card for American Depositary Shares (the "ADSs") are available on the Company's investor relations website at https://ir.hyw
SHANGHAI, June 28, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (the "Company") (NASDAQ:HYW) today announced updates on its plan for strategic business transformation. Reference is made to the announcement made by the Company on March 27, 2024 (the "Announcement") where the Company announced its plan for strategic business transformation. The Company has continued to assess ongoing changes in its operating environment, and today announced further updates to transform its businesses, including: (i) completely exit the wealth management and asset management businesses by terminating the China VIE Agreements (as defined below), (ii) shift its business focus towards the technology sector, and
SHANGHAI, June 07, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin Wealth", "Hywin", or the "Company") (NASDAQ:HYW), today announced that an annual general meeting (the "AGM") of the Company will be held through a conference call on Friday, June 28, 2024, at 10:00 a.m., Beijing time (or 10:00 p.m. Thursday, June 27, 2024, Eastern Time). No proposal will be submitted for shareholder approval at the AGM. The record date (the "Record Date") for determining the shareholders entitled to receive notice of the AGM or any adjournment or postponement thereof has been set as the close of business on June 6, 2024. Holders of record of our ordinary shares at the close of business on the Record
SHANGHAI, May 30, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin", or the "Company") (NASDAQ:HYW) today announced that it has received a notification letter dated May 28, 2024 (the "Notice") from the staff of the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules as the closing bid price of the Company's American depositary shares ("ADSs") has been below US$1.00 per ADS for a period of 30 consecutive trading days. The Notice has no immediate effect on the listing or trading of the Company's ADSs on Nasdaq. Pur
SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin", or the "Company") (NASDAQ:HYW) today announced its plan for strategic business transformation in light of recent regulatory policies and market developments. Under this new strategy, the Company will (i) shift its financial services and product distribution businesses towards public market funds and NAV-based products, (ii) strategically promote growth of its insurance brokerage services business, (iii) continue to grow and develop its overseas wealth management and asset management services, and (iv) diversify income streams by continuing to develop other non-financial service businesses such as high-end hea
SHANGHAI, China, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin", or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced that redemption issues have been reported on certain asset-backed products previously distributed by the Company. The asset managers of these products were unable to reach an agreement with the relevant clients to defer redemption. While the Company acted only as distributor of these asset-backed products, the clients are now demanding repayment from the Company. Any failure to adequately deal with these redemption issues could materially and adversely affect our reputation, client relationship, b
HONG KONG, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin Wealth", "Hywin", or the "Company") (NASDAQ:HYW), a leading independent wealth management and health management service provider in China, was recognized as "Best Provider of Family Office Services" at the "Hong Kong Limited Partnership Fund Association - Annual Awards 2023", a tribute to its contributions to the Hong Kong-domiciled asset management industry, and its tireless efforts to connect the global family office sector with the financial eco-system of Hong Kong. The Award Ceremony "We are deeply pleased and honored to receive this award," said Dr. Nick Xiao, Vice President of Hywin Holdings and Chief
SHANGHAI, China, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin Wealth", "Hywin", or the "Company") (NASDAQ:HYW), a leading independent wealth management and health management service provider in China, is pleased to announce that the Company has officially signed a strategic partnership agreement with Tencent Cloud, a leading cloud computing provider in China, to fully leverage Tencent Cloud's cutting-edge information technology and innovative digital solutions in various fields, including Cloud Computing, Artificial Intelligence (AI) and Big-data Analytics, to support Hywin's digitalization transformation and facilitate its dual-engine development roadmap of wealth managem
The launch ceremony of the Report in Hong Kong SHANGHAI, China, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin Wealth", "Hywin", or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, is pleased to announce the publication today, with WealthBriefingAsia, of "Global Healthcare Trends Report" based on a survey of investors, academics, consultants, and operators in the global healthcare space. In the post-pandemic era, high-net-worth (HNW) individuals or families are caring more about healthcare, and willing to devote more time and resources to the pursuit of a healthy and balanced life. For the global HNW individuals, wealth and
SHANGHAI, China, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin" or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced that Hywin's Chief Financial Officer, Mr. Lawrence Lok, and Investor Relations Director, Mr. Ryan Teng, will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on November 8. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors. DATE: November 8, 2023TIME: 08:00 a.m. ETLINK: https://bit.ly/3rhvMzf This will be a live, interactive online event where investors are invited to
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6-K - Hywin Holdings Ltd. (0001785680) (Filer)
6-K - Hywin Holdings Ltd. (0001785680) (Filer)
6-K - Hywin Holdings Ltd. (0001785680) (Filer)
6-K - Hywin Holdings Ltd. (0001785680) (Filer)
6-K - Hywin Holdings Ltd. (0001785680) (Filer)
6-K - Hywin Holdings Ltd. (0001785680) (Filer)
6-K - Hywin Holdings Ltd. (0001785680) (Filer)
6-K - Hywin Holdings Ltd. (0001785680) (Filer)
SHANGHAI, June 07, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin Wealth", "Hywin", or the "Company") (NASDAQ:HYW), today announced that an annual general meeting (the "AGM") of the Company will be held through a conference call on Friday, June 28, 2024, at 10:00 a.m., Beijing time (or 10:00 p.m. Thursday, June 27, 2024, Eastern Time). No proposal will be submitted for shareholder approval at the AGM. The record date (the "Record Date") for determining the shareholders entitled to receive notice of the AGM or any adjournment or postponement thereof has been set as the close of business on June 6, 2024. Holders of record of our ordinary shares at the close of business on the Record
SHANGHAI, China, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin" or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced its unaudited financial results for the second half and fiscal year 2023 ended June 30, 2023. Second Half of Fiscal Year 2023 and Fiscal Year 2023 Highlights Total revenues demonstrated resilience against a challenging macroeconomic backdrop. Total revenues in the six months ended June 30, 2023 decreased only slightly by 0.5% to RMB1,055.8 million (US$152.5 million) from RMB1,060.9 million in the same period of 2022.Total revenues in fiscal year 2023 increased by 7.7% to RMB2,091.8 million (US$
SHANGHAI, China, Sept. 04, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin," or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced that it plans to report its unaudited financial results for the second half and fiscal year 2023 ended June 30, 2023, before the market opens on Friday, September 15, 2023. Hywin's management will hold a conference call on Friday, September 15, 2023 at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time on the same day) to discuss the financial results. Details for the conference call are as follows: Event Title: Hywin Holdings Ltd. Second Half and Fiscal Year 2023 Earnings Conference CallRegist
Transaction value and net revenue sustained growing momentum despite volatile market AUM increased by 114.3% as Hywin's EAM business demonstrated its attractiveness to ultra-HNW clients SHANGHAI, China, March 23, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin" or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced its unaudited financial results for the first half of fiscal year 2023 ended December 31, 2022. First Half of Fiscal Year 2023 Highlights Total revenues increased by 17.6% to RMB1,036.0 million (US$148.8 million) from RMB881.3 million in the same period of 2021, primarily due to an increase in transaction val
SHANGHAI, China, March 16, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin," or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced that it plans to report its unaudited financial results for the first half of fiscal year 2023 ended December 31, 2022, before the market opens on Thursday, March 23, 2023. Hywin's management will hold a conference call on Thursday, March 23, 2023 at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time on the same day) to discuss the financial results. Details for the conference call are as follows: Event Title:Hywin Holdings Ltd. First Half of Fiscal Year 2023 Earnings Conference CallRegistration Lin
Stable earnings growth backed by diversified revenue mix and strong client loyalty Entering the health management industry by acquiring well selected targets SHANGHAI, China, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin" or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced its unaudited financial results for the second half and full year of fiscal 2022 ended June 30, 2022. Second Half of Fiscal Year 2022 Highlights Number of clients1 increased by 10.8% to 141,058 as of June 30, 2022 from 127,317 as of June 30, 2021.Number of active clients2 increased by 13.5% to 38,744 in the six months ended June 30, 202
SHANGHAI, China, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin," or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced that it plans to report its unaudited financial results for the second half and full year of fiscal 2022 ended June 30, 2022, before the market opens on Wednesday, August 31, 2022. Hywin's management will hold a conference call on Wednesday, August 31, 2022 at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time on the same day) to discuss the financial results. Details for the conference call are as follows: Event Title:Hywin Holdings Ltd. Second Half and Full Year of Fiscal 2022 Earnings Conference C
Continued strong momentum in new client acquisition Significant progress in diversifying revenues and nurturing new businesses SHANGHAI, China, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin" or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced its unaudited financial results for the first half of fiscal year 2022 ended December 31, 2021. First Half of Fiscal Year 2022 Highlights Number of clients1 increased by 12.5% to 134,656 as of December 31, 2021 from 119,687 as of December 31, 2020.Number of active clients2 increased by 22.0% to 35,366 in the six months ended December 31, 2021 from 28,977 in the
SHANGHAI, China, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin," or the "Company") (NASDAQ:HYW), a leading independent wealth management service provider in China, today announced that it plans to report its unaudited financial results for the first half of fiscal year 2022 ended December 31, 2021, before the market opens on Wednesday, February 23, 2022. Hywin's management will hold a conference call through Direct Event on Wednesday, February 23, 2022 at 7:00 A.M. Eastern Time (8:00 P.M. Beijing Time) to discuss the financial results. Details for the conference call are as follows: Event Title:Hywin Holdings First Half of Fiscal 2022 Earnings Conference CallConference ID:
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Hywin Holdings (NASDAQ:HYW) reported $110.50 million in sales this quarter. This is a 25.76 percent decrease over sales of $148.83 million the same period last year.
The company's other plans include - shift its business focus towards the technology sector, and change the company's name to Santech Holdings Limited.
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