Articles from Hywin Holdings Ltd.

SHANGHAI, June 28, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin”, or the "Company") (NASDAQHYW), 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).

SHANGHAI, June 28, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin” or the "Company") (NASDAQHYW) today announced its unaudited financial results for the first half of fiscal year 2024 ended December 31, 2023.

SHANGHAI, June 28, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (the “Company”) (NASDAQHYW) 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 (iii) change the Company’s name to Santech Holdings Limited.

SHANGHAI, June 07, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin Wealth", “Hywin”, or the "Company") (NASDAQHYW), 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).

SHANGHAI, May 30, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQHYW) 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.

SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQHYW) 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 health management services, and opportunistically expanding into consumer industries including distribution of Chinese liquors and other consumer products, which Hywin expects may achieve potential synergy with its existing clientele of high-net-worth individuals in China.

SHANGHAI, China, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQHYW), 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, business, financial condition and prospects. The Company has formed a special investigation committee comprised of members of senior management to oversee an internal investigation. The investigation is at a preliminary stage. Additional information concerning material developments of the investigation will be released by the Company in a timely manner.

HONG KONG, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQHYW), 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.

SHANGHAI, China, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQHYW), 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 management and health management.

SHANGHAI, China, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin” or the "Company") (NASDAQHYW), a leading independent wealth management service provider in China, today announced that it has filed its annual report containing its audited consolidated financial statements for the fiscal year ended June 30, 2023 on Form 20-F with the Securities and Exchange Commission (the "SEC") on October 18, 2023 Eastern Time. The annual report can be accessed on Hywin’s investor relations website at https://ir.hywinwealth.com and on the SEC's website at http://www.sec.gov. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to ir@hywinwealth.com.

SHANGHAI, China, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQHYW), a leading independent wealth management service provider in China, today announced that it has won a bid to acquire the land use rights of a parcel of land with a total site area of 56,449.39 square meters and the above-ground construction in progress (collectively referred to as the “Real Property”), situated at 09-No.5-3, Boao Lecheng International Medical and Tourism Pilot Zone (“Boao Lecheng”), Hainan Province, the People’s Republic of China (the “PRC”).

SHANGHAI, China, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin” or the "Company") (NASDAQHYW), 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.

SHANGHAI, China, Sept. 04, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin,” or the “Company”) (NASDAQHYW), 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.

SHANGHAI, China, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth” or “Hywin”) (NASDAQHYW), a leading independent wealth management service provider in China, announced today that Shanghai Hywin Network Technology Co., Ltd. (“Hywin Technology”), one of Hywin’s operating entities, was recently recognized as a Specialized, Refined, Distinctive and Innovative Small Medium Enterprise (“SME”) in Shanghai.

HONG KONG, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin Wealth" or "Hywin") (NASDAQHYW), a leading independent wealth management service provider in China, Leonteq Securities AG ("Leonteq"), a Swiss fintech company with a leading marketplace for structured investment solutions, and Arta TechFin ("ARTA") (HKSE: 0279), a hybrid fintech platform in traditional assets and digital assets, today announced the successful launch of the “Global Mega-Trends Series” of principal-protected structured products for high-net-worth clients in Asia.

SHANGHAI, China, June 29, 2023 (GLOBE NEWSWIRE) --

SHANGHAI, China, June 07, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQHYW), a leading independent wealth management service provider in China, today announced that an annual general meeting (the “AGM”) of the Company will be held on Wednesday, June 28, 2023, at 10:00 a.m., Beijing time (or 10:00 p.m. Tuesday, June 27, 2023, Eastern Time) at F3, Hywin Financial Centre, 8 Yincheng Mid. Road, Pudong New District, Shanghai City, People’s Republic of China, 200120. No proposal will be submitted for shareholder approval at the AGM. Instead, the AGM will serve as an open forum for shareholders of records and beneficial owners of the Company's American Depositary Shares (“ADSs”) to discuss Company affairs with the management team.

• Hywin Holdings voted “Best Wealth Manager in Greater China 2023”

SHANGHAI, China, April 25, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin,” or the “Company”) (NASDAQHYW), a leading independent wealth management service provider in China, today announced that Chief Financial Officer (CFO), Mr. Lawrence Lok, was recognized among the “Top Ten CFOs of 2022” at the 17th China CFO Conference authorized by Ministry of Finance of the People’s Republic of China and hosted by Xinlicai Magazine, a prestigious magazine in the corporate finance sector in China.

HONG KONG, April 11, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. ("Hywin Wealth" or "Hywin") (NASDAQHYW), a leading independent wealth management service provider in China, Leonteq Securities AG ("Leonteq"), a Swiss fintech company with a leading marketplace for structured investment solutions, and Arta TechFin ("ARTA") (HKSE: 0279), a hybrid fintech platform in traditional assets and digital assets, today announced the successful launch of a principal-protected structured product with 9% risk control mechanism linked to the FactSet Hywin Global Health Care Index™ (FHGHC).

SHANGHAI, China, April 04, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin,” or the “Company”) (NASDAQHYW), a leading independent wealth management service provider in China, today announced it will provide its high-net-worth clients with 360-degree analysis of individual client preferences to offer precisely targeted services by leveraging IBM Cloud Pak for Data and the IBM Garage.

Transaction value and net revenue sustained growing momentum despite volatile market

SHANGHAI, China, March 20, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQHYW), a leading independent wealth management service provider in China, today announced that Hywin Family Office, the Company’s unit for the ultra-high-net-worth (UHNW) segment, completed a two-day program that led a client delegation from Mainland China to Hong Kong, following the easing of COVID-19 travel restrictions, to hear and gain insights on global wealth opportunities.

SHANGHAI, China, March 16, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin,” or the “Company”) (NASDAQHYW), 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.

HONG KONG, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQHYW), a leading independent wealth management service provider in China, announced that its Hong Kong subsidiary “Hywin International” was elected as Vice Chair of the Hong Kong Limited Partnership Fund Association (HKLPFA), a testament to Hywin’s intellectual leadership in alternatives asset management and its contributions to the Hong Kong-domiciled private equity industry.

SHANGHAI, China, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQHYW), a leading independent wealth management service provider in China, announced the completion of “China Roadshow 2023” – a series of seminars, workshops and conferences across nine cities in Mainland China, bringing market insights and global solutions to Chinese high-net-worth clients, whose appetite for global asset allocation has significantly increased following the easing of travels between Mainland China and the rest of the world.

SHANGHAI, China, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin” or the "Company") (NASDAQHYW), a leading independent wealth management service provider in China, today announced that it has filed its annual report containing its audited consolidated financial statements for the fiscal year ended June 30, 2022 on Form 20-F with the Securities and Exchange Commission (the "SEC") on October 12, 2022 Eastern Time. The annual report can be accessed on Hywin’s investor relations website at https://ir.hywinwealth.com and on the SEC's website at http://www.sec.gov. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to ir@hywinwealth.com.