Save time and jump to the most important pieces.
GUANGZHOU, China, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ:HPH) ("HPH" or the "Company"), today announced that it has filed its annual report for the fiscal year ended June 30, 2024 on Form 20-F (the "FY2024 20-F"), which contains its audited financial statements for the fiscal year ended June 30, 2024, with the U.S. Securities and Exchange Commission (the "SEC") on November 15, 2024. The FY2024 20-F can be accessed on the SEC's website at http://www.sec.gov as well as on the Investor Relations page of the Company's website at https://ir.puyiwm.com/financial-information/sec-filings. Hard copies of the annual report are available, free of charge, to its s
GUANGZHOU, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ:HPH) ("HPH" or the "Company") today announced the results of its extraordinary general meeting of shareholders and separate class meeting of the holders of ordinary shares of the Company (the "Combined Meeting") held in Guangzhou on October 31, 2024. At the Combined Meeting, the shareholders passed the following resolutions to: (i) change the authorized share capital of the Company FROM US$2,000,000 divided into 2,000,000,000 shares consisting of (i) 1,950,000,000 Ordinary Shares of a nominal or par value of US$0.001 each (the "Ordinary Shares"); and (ii) 50,000,000 Preference Shares of a nomin
GUANGZHOU, China, Oct. 15, 2024 (GLOBE NEWSWIRE) -- The board of directors (the "Board") of Highest Performances Holdings Inc. (NASDAQ:HPH) ("HPH" or the "Company"), today announces that the office of Mr. Peh Chin Hua as Director has been vacated, effective immediately. Following the foregoing changes, our board of directors consists of seven directors, three of which are independent directors. Our current directors as of the date of this press release are as follows: Name PositionHang Suong Nguyen Chairwoman of the BoardYinan Hu Vice-Chairman and Chief Executive OfficerYoujie Kong DirectorYong Ren DirectorLihong Zhai Independent Director and the Chairman of Audit CommitteeMin Zh
GUANGZHOU, China, May 30, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ:HPH) ("HPH" or the "Company"), today announced its unaudited financial results for the first half of its fiscal year 2024 from July 1, 2023 to December 31, 2023 (the "reporting period"). FINANCIAL HIGHLIGHTS FOR THE FIRST HALF OF THE FISCAL YEAR 2024 Net revenues decreased by 48.0% to RMB35.6 million (US$5.0 million) from RMB68.4 million for the same period of the fiscal year 2023; andNet loss was RMB33.3 million (US$4.7 million) and net loss attributable to HPH's shareholders was RMB33.3 million (US$4.7 million), while HPH recognized net loss and net loss attributable to HPH's shareholders
GUANGZHOU, China, May 20, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ:HPH) ("HPH" or the "Company"), today announced that it will release its unaudited financial results for the first half of its fiscal year 2024 ended December 31, 2023 on May 30, 2024. Senior management of the Company will host a bilingual conference call in English and Chinese to discuss the Company's unaudited financial results and business development for the first half of its fiscal year 2024 ended December 31, 2023. Details for the conference call are as follows: Date/Time:Thursday, May 30, 2024 at 9:00 PM U.S. Eastern Time (Friday, May 31, 2024 at 9:00 AM Beijing/Hong Kong Time)Confere
20-F - Highest Performances Holdings Inc. (0001750264) (Filer)
NT 20-F - Highest Performances Holdings Inc. (0001750264) (Filer)
6-K - Highest Performances Holdings Inc. (0001750264) (Filer)
Key Takeaways: Fanhua’s board has doubled the size of a previous share repurchase program, while its top executives have also pledged to buy more of the company’s plunging shares The moves come as a plan to expand into new businesses with a Singaporean investor appears to have stalled By Warren Yang A decline in a company’s stock can have business implications beyond simply eroding shareholder value. One such case is online insurance broker Fanhua Inc. (NASDAQ:FANH), whose recently freefalling stock and market value seem to be throwing a spanner into a major tie-up with a Singaporean investor. That said, it’s no wonder the company is doubling down on efforts to stop the recent hemorrh
FINANCIAL RESULTS FOR THE FIRST HALF OF THE FISCAL YEAR 2024The Company obtained control of the Fanhua at the end of December 2023 upon the completion of the transfer of shares according to the written share exchange agreement and when effective control being operationally obtained. The Company started to consolidate Fanhua' s financial statement since December 31, 2023. The financial results for the first half of the fiscal year 2024 do not include any profits of Fanhua. The financial positions as of December 31, 2023 changed significantly mainly due to the acquisition of Fanhua, which also included preliminary purchase price allocation results.Net revenuesNet revenues for the first half of
Highest Performances Holdings Inc. (NASDAQ:HPH) ("HPH" or the "Company"), a leading provider of smart home and enterprise services, today announced that it has signed a third supplementary agreement to the strategic framework agreement previously entered into with Singapore White Group Pte. Ltd. ("White Group").HPH intends to provide full funding to Zhongxin International Sports Group Co, Limited ("Zhongxin"), a wholly-owned subsidiary of White Group, when bidding for intellectual property rights of sporting events and all profit generated from these sporting events will be attributed to HPH. Both parties have agreed that White Group will sell 26.5% equity interests of Zhongxin to HPH, while
TGUANGZHOU, China, Oct. 09, 2024 (GLOBE NEWSWIRE) -- he board of directors (the "Board") of Highest Performances Holdings Inc. (NASDAQ:HPH) ("HPH" or the "Company"), today announced a correction to its press release disseminated on October 1, 2024 which announced changes to the board of directors. The original statement regarding the professional experience of the newly appointed Chairperson is entirely replaced and changed to the following: "Since June 2023, Ms. Hang Suong Nguyen has served as the Vice President of WEALTH WILL LIMITED, overseeing operational strategies and driving the company's capital deployment and growth in multiple emerging markets. Prior to that, from late 2018 until
GUANGZHOU, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The board of directors (the "Board") of Highest Performances Holdings Inc. (NASDAQ:HPH) ("HPH" or the "Company"), today announced the appointment of Ms. Hang Suong Nguyen ("Ms. Nguyen") as the new chairwoman of the Board, effective from September 30, 2024. Ms. Nguyen will succeed Mr. Chin Hua Peh, who will continue to serve as a director of the Company. Ms. Hang Suong Nguyen, Director and the Chairwoman of the Board Ms. Hang Suong Nguyen has over 10 years of investment management experience. Since October 2019, Ms. Nguyen has been serving as Deputy Director of International Investment Strategy at Voyager Labs Limited (Global Leader in A