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    SEC Form 6-K filed by Hywin Holdings Ltd.

    6/28/24 6:02:47 AM ET
    $HYW
    Investment Managers
    Finance
    Get the next $HYW alert in real time by email
    6-K 1 tm2418314d1_6k.htm FORM 6-K

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

     

    FORM 6-K

     

     

     

    REPORT OF FOREIGN PRIVATE ISSUER
    PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
    THE SECURITIES EXCHANGE ACT OF 1934

    For the month of June 2024
    Commission File Number: 001-40238

     

     

     

    HYWIN HOLDINGS LTD.

     

     

     

    F3, Hywin Financial Centre, 8 Yincheng Mid. Road, Pudong New District,

    Shanghai, People’s Republic of China, 200120
    (Address of principal executive office)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

     

                             Form 20-F x Form 40-F o

     

    Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

     

    Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

     

     

     

     

     

     

    Hywin Holdings Announces Updates on Strategic Business Transformation Plan

     

    On June 28, 2024 Beijing Time, the registrant announced updates on its plan for strategic business transformation. Reference is made to the announcement made by the registrant on March 27, 2024 where the registrant announced its plan for strategic business transformation. The registrant 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 in the press release), (ii) shift its business focus towards the technology sector, and (iii) change the Company’s name to Santech Holdings Limited. A copy of the press release issued by the registrant regarding the foregoing is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

     

     

     

     

    Exhibits

     

      99.1 Press release dated June 28, 2024.

     

     

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     

    Hywin Holdings Ltd.
       
    By: /s/ Wang Dian
    Name: Wang Dian
    Title: Chief Executive Officer

    Date: June 28, 2024 Beijing Time

     

     

     

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