Noah Holdings Limited to Hold 2021 Annual General Meeting on November 29, 2021

Rhea-AI Summary

Noah Holdings Limited (NYSE: NOAH) has announced its 2021 Annual General Meeting (AGM) to be held on November 29, 2021, in Guilin, China, from 10:00 a.m. to 12:00 p.m. (local time). No shareholder proposals will be presented; the AGM will act as a forum for discussions with management. The record date to determine eligible shareholders is November 2, 2021. As of June 30, 2021, Noah distributed RMB52.1 billion (US$8.1 billion) in investment products and managed RMB155.9 billion (US$24.1 billion) in assets through Gopher Asset Management.

Positive

• Distributed RMB52.1 billion (US$8.1 billion) in investment products in H1 2021.
• Managed assets totaling RMB155.9 billion (US$24.1 billion) as of June 30, 2021.
• Serves a registered client base of 397,235 as of June 30, 2021.

Negative

• None.

SHANGHAI, Oct. 22, 2021 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading and pioneer wealth management service provider in China offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net worth investors, today announced that an annual general meeting (the "AGM") of the Company will be held at Wanda Vista Guilin, No.398 Dayan Road, Yanshan District, Guilin, Guangxi Province, People's Republic of China, on November 29, 2021 at 10:00 a.m. - 12:00 p.m. (local time). No proposal will be submitted for shareholder approval at the AGM. Instead, the AGM will serve as an open forum for shareholders and beneficial owners of the Company's American Depositary Shares ("ADSs") to discuss Company affairs with management.

The record date (the "Record Date") for determining the shareholders entitled to receive notice of the AGM or any adjournment or postponement thereof has been set as the close of business on November 2, 2021.

Holders of record of our ordinary shares at the close of business on the Record Date are entitled to attend the AGM and any adjournment or postponement thereof in person. Beneficial owners of the Company's ADSs are also welcome to attend the AGM in person. In order to assist us in our preparation for the AGM, please RSVP by email to IR@noahgroup.com.

Shareholders and ADS holders may obtain a copy of the Company's annual report on Form 20-F for the year ended December 31, 2020, free of charge, from our website at http://ir.noahgroup.com, or by sending an email to ir@noahgroup.com.

ABOUT NOAH HOLDINGS LIMITED

Noah Holdings Limited (NYSE: NOAH) is a leading and pioneer wealth management service provider in China offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net worth investors. In the first half of 2021, Noah distributed RMB52.1 billion (US$8.1 billion) of investment products. Through Gopher Asset Management, Noah had assets under management of RMB155.9 billion (US$24.1 billion) as of June 30, 2021.

Noah's wealth management business primarily distributes private equity, private secondary, mutual fund and other products denominated in RMB and other currencies. Noah delivers customized financial solutions to clients through a network of 1,268 relationship managers in 81 cities in mainland China, and serves the international investment needs of its clients through offices in Hong Kong, Taiwan, United States and Singapore. The Company's wealth management business had 397,235 registered clients as of June 30, 2021. As a leading multi-asset manager in China, Gopher Asset Management manages private equity, real estate, public securities, multi-strategy and other investments denominated in RMB and other currencies. The Company also provides other businesses.

For more information, please visit Noah at ir.noahgroup.com.

Noah Holdings Limited
Sonia Han, Melo Xi, Ryan Teng
Tel: +86-21-8035-8294

View original content:https://www.prnewswire.com/news-releases/noah-holdings-limited-to-hold-2021-annual-general-meeting-on-november-29-2021-301406508.html

SOURCE Noah Holdings Limited

FAQ

When is the Noah Holdings annual general meeting scheduled?

The annual general meeting is scheduled for November 29, 2021.

What will be discussed at the Noah Holdings AGM?

The AGM will serve as an open forum for shareholders to discuss company affairs, with no formal proposals for approval.

What is the record date for the Noah Holdings AGM?

The record date for determining eligible shareholders is November 2, 2021.

How much did Noah Holdings distribute in investment products in 2021?

Noah Holdings distributed RMB52.1 billion (US$8.1 billion) in investment products in the first half of 2021.

What are the assets managed by Gopher Asset Management as of June 2021?

Gopher Asset Management managed assets totaling RMB155.9 billion (US$24.1 billion) as of June 30, 2021.