Puyi Inc. provides third-party wealth management services in China. The company distributes publicly raised fund products through online; and privately raised fund products offline through its branch network. It also provides asset management services that include managing fund of funds and non-performing loan funds; factoring services; and information technology services. Puyi Inc. was incorporated in 2018 and is headquartered in Guangzhou, China.
IPO Year: 2019
Exchange: NASDAQ
Website: puyiwm.com
GUANGZHOU, China, March 13, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ:HPH) ("Highest Performances" or the "Company"), a leading third-party wealth management services provider in China, today announced the results of its extraordinary general meeting of shareholders held in Guangzhou on March 13, 2024. At the extraordinary general meeting, the shareholders passed the following special resolutions to: (i) change the Company's English name from Puyi Inc. to Highest Performances Holdings Inc. and the Company's Chinese name from 普益有限公司to 华普集团有限公司, including the replacement of all references to Puyi Inc. with Highest Performances Holdings Inc. in the second amended an
GUANGZHOU, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announces the signing of first supplementary agreement (the "Agreement") with Singapore White Group Pte. Ltd. ("White Group") to the framework strategic agreement previously disclosed on February 2, 2024. Pursuant to the Agreement, both parties agree to the following matters: White Group intends to inject assets into Puyi aimed at assisting Puyi in driving its artificial intelligence development and international expansion by setting up new offices in Singapore, Vietnam, Europe, the United States and Hong
GUANGZHOU, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced the postponement of the previously scheduled extraordinary general meeting ("EGM") at 10:00 a.m. on February 22, 2024 (Beijing time) to 10:00 a.m. on March 13, 2024 (Beijing time) ("March EGM") and the updated proposed English name from Huapu Inc. to Highest Performances Holdings Inc. in a new notice of March EGM from the original notice of EGM dated February 5, 2024. The postponement of the EGM is made by the directors of our Company with discretion and the change of the proposed English name is intended
GUANGZHOU, China, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced that it will amend the Notice for the Extraordinary General Meeting (the "EGM") previously submitted on January 25, 2024 (the "Original EGM Notice") related to the proposed Chinese Name to be resolved in the EGM. As the Company previously disclosed, the Company intends to host the EGM on February 22, 2024 to resolve on, among others, changes to the Company's English and Chinese name and its ticker symbol. Instead of "华普控股集团有限公司" previously proposed in the Original EGM Notice, the Company now proposes to ch
GUANGZHOU, China, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced that Puyi and Fanhua Inc. ("Fanhua") entered into a framework agreement with Singapore White Group Pte. Ltd. ("White Group"). Pursuant to the framework agreement, White Group and its partners intend to invest up to US$500 million in Puyi and up to US$500 million in Fanhua. Both parties will proceed with finalizing the details of the agreement soon. About White Group White Group was established in 2005. It is a privately-owned boutique investment and development firm based in Singapore. It is focused on a
GUANGZHOU, China, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced it will hold an extraordinary general meeting ("EGM") of shareholders at its executive office at 61F, Pearl River Tower, No. 15 Zhujiang West Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, People's Republic of China on February 22, 2024 at 10:00 a.m. (Beijing time). Holders of record of ordinary shares of the Company at the close of business on January 9, 2024 (New York time), or their proxy holders, are entitled to vote at the EGM or any adjournment or postponement thereof. Holders of the
GUANGZHOU, China, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced that Puyi and certain shareholders have reached share purchase agreements with New Dragon Group (Far East) Limited ("New Dragon"), an investment management company based in Hong Kong, on January 12, 2024. Pursuant to the agreements, New Dragon will invest approximately US$13 million to subscribe for 4,224,000 ordinary shares of Puyi (the "Subscribed Shares") at an average price of approximately US$3.13 per ordinary share, or US$4.7 per ADS, equivalent to the average closing price over the 20 trading days p
GUANGZHOU, China, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi"), a leading third-party wealth management services provider in China, today announced that it has entered into certain share exchange agreements with certain shareholders of Fanhua Inc. (("Fanhua, NASDAQ:FANH), including Mr. Yinan Hu, co-chairman and CEO of FANHUA, certain executive officers of Fanhua, certain employees of Fanhua and certain other shareholders (collectively "Fanhua's Participating Shareholders"). The transaction is expected to close on December 29, 2023, subject to customary closing conditions. Pursuant to the share exchange agreements, Puyi will issue an aggregate of 284,113,314 ordinary
GUANGZHOU, China, Dec. 27, 2023 (GLOBE NEWSWIRE) -- FANHUA Inc. ("FANHUA" or "the Company") (NASDAQ:FANH), a leading independent financial services provider in China, today announced that certain of FANHUA's shareholders (collectively, "FANHUA Participating Shareholders"), entered into share exchange agreements with Puyi Inc. (NASDAQ:PUYI), a leading third party wealth management service provider in China. The FANHUA Participating Shareholders consist of Mr. Yinan Hu, co-chairman of the board of directors and chief executive officer of the Company, certain other executive officers of the Company, certain employees, and certain other shareholders. Pursuant to the terms of the share exchang
GUANGZHOU, China, Dec. 22, 2023 (GLOBE NEWSWIRE) -- FANHUA Inc. (NASDAQ:FANH) ("FANHUA," or the "Company"), a leading independent financial services provider in China, today announced that it entered into a share repurchase agreement with Puyi Inc. (NASDAQ:PUYI) ("Puyi") on December 22, 2023, pursuant to which FANHUA agreed to transfer all of its 4.46% equity interests in Puyi, or 4,033,600 ordinary shares of Puyi, back to Puyi. Concurrently, a wholly-owned subsidiary of FANHUA entered into a share transfer agreement with Puyi to acquire 15.41% equity interests in FANHUA Puyi Fund Sales Co., Ltd. ("Puyi Fund"), a wholly-owned subsidiary of Puyi, in exchange of the aforementioned 4,033,600
GUANGZHOU, China, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced the appointment of Mr. Youjie Kong ("Mr. Kong") as the co-chairman of its board of directors (the "Board") with immediate effect. The Board now has seven directors, of which three are independent directors. Before joining the Company, Mr. Kong has more than 30 years of experience in the financial industry in China, including work experience with the People's Bank of China and China Insurance Regulatory Commission, as well as multiple security firm
6-K - Highest Performances Holdings Inc. (0001750264) (Filer)
6-K - Highest Performances Holdings Inc. (0001750264) (Filer)
6-K - Highest Performances Holdings Inc. (0001750264) (Filer)
6-K - Highest Performances Holdings Inc. (0001750264) (Filer)
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GUANGZHOU, China, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced that it has filed its annual report on Form 20-F, which contains its audited financial statements for the fiscal year ended June 30, 2023 ("2023 Annual Report"), with the U.S. Securities and Exchange Commission (the "SEC") on September 25, 2023. The 2023 Annual Report can be accessed on the SEC's website at https://www.sec.gov as well as on the Investor Relations page of the Company's website at https://ir.puyiwm.com/financial-information/SEC-filing
GUANGZHOU, China, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced that it will release its audited financial results for the fiscal year ended June 30, 2023 on September 25, 2023. Senior management will host a bilingual conference call in English and Chinese to discuss the Company's audited financial results and business development for the fiscal year ended June 30, 2023. Details for the conference call are as follows: Date/Time:Monday, September 25, 2023 at 9:00 PM U.S. Eastern Daylight Time (Tuesday, Septembe
GUANGZHOU, China, March 20, 2023 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi," "we" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on the affluent and emerging middle class population, today announced its unaudited financial results for the first half of its fiscal year 2023 from July 1, 2022 to December 31, 2022 (the "reporting period"). FINANCIAL HIGHLIGHTS FOR THE FIRST HALF OF THE FISCAL YEAR 2023 Net revenues decreased by 32.6% to RMB68.4 million (US$9.9 million) from RMB101.5 million for the same period of the fiscal year 2022; andNet loss decreased by 19.9% to RMB31.5 million (US$4.6 million) from RMB39.2 million for the same p
GUANGZHOU, China, March 10, 2023 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on the affluent and emerging middle class population, today announced that it will release its unaudited financial results for the first half of its fiscal year 2023 ended December 31, 2022 on March 20, 2023. Senior management 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 2023 ended December 31, 2022. Details for the conference call are as follows: Date/Time:Monday, March 20, 2023 at
GUANGZHOU, China, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced that it has filed its annual report on Form 20-F, which contains its audited financial statements for the fiscal year ended June 30, 2022 ("2022 Annual Report"), with the U.S. Securities and Exchange Commission (the "SEC") on October 11, 2022. The 2022 Annual Report can be accessed on the SEC's website at https://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.
GUANGZHOU, China, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced that it will release its audited financial results for the fiscal year ended June 30, 2022 on October 11, 2022. Senior management will host a combined English and Chinese language conference call to discuss the Company's audited financial results and business development for the fiscal year ended June 30, 2022. Details for the conference call are as follows: Date/Time:Tuesday, October 11, 2022 at 9:00 PM U.S. Eastern Daylight Time (
GUANGZHOU, China, March 28, 2022 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi", "we" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced its unaudited financial results for the first half of its fiscal year 2022 from July 1, 2021 to December 31, 2021 ("reporting period"). FINANCIAL HIGHLIGHTS FOR THE FIRST HALF OF THE FISCAL YEAR 2022 Net revenues increased by 21.5% to RMB101.5 million (US$15.9 million) from RMB83.5 million for the same period of the fiscal year 2021; andNet loss and net loss attributable to Puyi's shareholders were RMB39.2 million (US$6.2 million), while Puy
GUANGZHOU, China, March 18, 2022 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced that it will release its unaudited financial results for the first half of its fiscal year 2022 ended December 31, 2021 on March 28, 2022. Senior management 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 2022 ended December 31, 2021. Details for the conference call are as follows: Date/Time:Monday, March 28, 2021 at 9:0
GUANGZHOU, China, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced that it has filed its annual report on Form 20-F, which contains its audited financial statements for the fiscal year ended June 30, 2021 ("2021 Annual Report"), with the U.S. Securities and Exchange Commission (the "SEC") on September 27, 2021. The 2021 Annual Report 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 http://ir.puyiwm.com/financial-information/SEC-filings.
GUANGZHOU, China, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Puyi Inc. ("Puyi" or the "Company") (NASDAQ:PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced that it will release its audited financial results for the fiscal year ended June 30, 2021 on September 27, 2021. Senior management will host a combined English and Chinese language conference call to discuss the Company's audited financial results and business development for the fiscal year ended June 30, 2021. Details for the conference call are as follows: Date/Time:Monday, September 27, 2021 at 9:00 PM U.S. Eastern Daylight Time (Tuesday, Sep
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Shares of Limbach Holdings, Inc. (NASDAQ:LMB) fell sharply during Thursday’s session after the company reported fourth-quarter financial results and issued FY24 revenue guidance below estimates. Limbach said it sees FY24 revenue of $510 million to $530 million, versus market estimates of $541.1 million. Limbach shares dipped 14.7% to $42.42 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers Aptorum Group Limited (NASDAQ:APM) shares climbed 91% to $8.27. Presto Automation Inc. (NASDAQ:PRST) shares jumped 65.2% to $0.3715 after jumping 15% on Wednesday. Cheer Holding, Inc. (NASDAQ:CHR) surged 43.3% to $3.77 following full year 2023 financial results.
At the extraordinary general meeting, the shareholders passed the following special resolutions to:(i)change the Company's English name from Puyi Inc. to Highest Performances Holdings Inc. and the Company's Chinese name from 普益有限公司to 华普集团有限公司, including the replacement of all references to Puyi Inc. with Highest Performances Holdings Inc. in the second amended and restated memorandum and articles of association of the Company (the "Articles");(ii)amend the Articles to amend the authorized share capital of the Company from US$2,000,000 divided into 2,000,000,000 Ordinary Shares of a nominal or par value of US$0.001 each to US$2,000,000 divided into (1) 1,950,000,000 Ordinary Shares of a nomin
Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announces the signing of first supplementary agreement (the "Agreement") with Singapore White Group Pte. Ltd. ("White Group") to the framework strategic agreement previously disclosed on February 2, 2024.
Puyi and Fanhua Inc. ("Fanhua") entered into a framework agreement with Singapore White Group Pte. Ltd. ("White Group"). Pursuant to the framework agreement, White Group and its partners intend to invest up to US$500 million in Puyi and up to US$500 million in Fanhua.
Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced that Puyi and certain shareholders have reached share purchase agreements with New Dragon Group (Far East) Limited ("New Dragon"), an investment management company based in Hong Kong, on January 12, 2024. Pursuant to the agreements, New Dragon will invest approximately US$13 million to subscribe for 4,224,000 ordinary shares of Puyi (the "Subscribed Shares") at an average price of approximately US$3.13 per ordinary share, or US$4.7 per ADS, equivalent to the average closing price over the 20 trading days prior to the signing date (the "Transaction"). Of the t
U.S. stocks traded higher, with the Dow Jones index gaining more than 100 points on Friday. Shares of The Greenbrier Companies, Inc. (NYSE:GBX) rose sharply during Friday’s session following upbeat earnings. Greenbrier posted adjusted earnings of 96 cents per share, topping market estimates of 73 cents per share. The company said it sees FY24 revenue of $3.4 billion to $3.7 billion, versus estimates of $3.58 billion, according to data from Benzinga Pro. Greenbrier shares surged 13.8% to $50.50 on Friday. Here are some other big stocks recording gains in today’s session. AxoGen, Inc. (NASDAQ:AXGN) shares rose 20.4% to $8.13 as the company reported preliminary unaudited revenue for four
FANHUA Inc. ("FANHUA" or "the Company") (NASDAQ:FANH), a leading independent financial services provider in China, today announced that certain of FANHUA's shareholders (collectively, "FANHUA Participating Shareholders"), entered into share exchange agreements with Puyi Inc. (NASDAQ:PUYI), a leading third party wealth management service provider in China. The FANHUA Participating Shareholders consist of Mr. Yinan Hu, co-chairman of the board of directors and chief executive officer of the Company, certain other executive officers of the Company, certain employees, and certain other shareholders. Pursuant to the terms of the share exchange agreements, the parties have agreed to pursue a sh