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 October 2022
--------------
Commission File Number: 001-37485
--------------
Jupai Holdings Limited
Global Creative Center, T2, 15/F
No 166 Min Hong Road
Minhang District
Shanghai 201100
People’s Republic of China
(Address of principal executive offices)
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 _________
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):________________
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):________________
Jupai Holdings Limited Announces Termination of Contractual Arrangements with Shanghai Jupai Investment Group Co., Ltd.
The board of directors of the Jupai Holdings Limited (the “Company”) has approved the termination of the Company’s contractual arrangements with Shanghai Jupai Investment Group Co., Ltd. (“Shanghai Jupai”). Recently, the audit committee under the board of directors of the Company has also approved such termination of the Company’s contractual arrangements with Shanghai Jupai. The Company would discontinue the operations of and cease control over the business operated by Shanghai Jupai. In 2021, the net loss from Shanghai Jupai and its subsidiaries and branches accounted for 98.6% of the Company’s total net loss.
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.
Jupai Holdings Limited
By |
: |
/s/ Jianda Ni |
Name: |
: |
Jianda Ni |
Title: |
: |
Chairman of the Board of Directors and Chief Executive Officer |
Date: October 6, 2022