Welcome to our dedicated page for Highest Performances Holdings news (Ticker: PUYI), a resource for investors and traders seeking the latest updates and insights on Highest Performances Holdings stock.
Highest Performances Holdings Inc. (symbol: PUYI) is a renowned eyewear retail chain established in 2001, focusing on the premium eyewear market in Hong Kong. As a market leader, PUYI Optical boasts an extensive retail network that spans across Hong Kong, Macau, Beijing, Shanghai, and other major cities in Greater China. The company is dedicated to offering hospitable yet professional services, along with a comprehensive collection of quality and fashionable brands to meet the diverse needs of its customers.
PUYI has developed various concept stores to cater to different customer preferences. These include:
- Puyi Optical: The prestigious flagship stores offering high-end eyewear brands.
- Glasstique: Stores focused on fashionable and trendy eyewear.
- O-O Shop: Energetic stores aimed at a younger, more dynamic audience.
- Vault: Exclusive stores providing privileged access to luxury eyewear.
Moreover, PUYI has introduced innovative British concept stores, such as Cutler and Gross and Linda Farrow Gallery, to the Hong Kong market, further enhancing its brand portfolio.
PUYI Optical continues to thrive by staying ahead of market trends and maintaining a strong financial condition. The company frequently establishes partnerships and collaborates with international designers and brands to bring the latest and most exclusive eyewear collections to its customers.
In recent news, PUYI has made significant strides in expanding its market reach and enhancing its product offerings. The company remains committed to providing exceptional service and delivering high-quality, fashionable eyewear to its clientele.
Puyi, a leading third-party wealth management provider in China, filed its annual report (Form 20-F) with the SEC for the fiscal year ended June 30, 2022, on October 11, 2022. This report includes audited financial statements and is accessible online. Senior management will host a bilingual conference call on the same day to discuss the financial results and business developments, with participation details provided for investors. Puyi remains focused on serving the affluent and emerging middle class in China, offering comprehensive financial services.
Puyi Inc. (NASDAQ: PUYI) will release its audited financial results for the fiscal year ended June 30, 2022, on October 11, 2022. A conference call will follow to discuss the results and business development. The call will occur at 9:00 PM U.S. Eastern Daylight Time, and be available in both English and Chinese. Puyi focuses on providing wealth management services for China's affluent and emerging middle class, offering services like asset management and insurance consulting.
Puyi Inc. (NASDAQ: PUYI) has appointed Mr. Yong Ren as chairman of the Board following the resignation of Mr. Haifeng Yu. Mr. Ren has been the CEO since September 2019 and has significantly contributed to the company's growth. Mr. Yu resigned for personal reasons but expressed confidence in Mr. Ren's leadership to fulfill Puyi’s mission of providing essential financial asset allocation services to families. Currently, the Board comprises six directors, including three independent directors, ensuring a diverse governance structure.
Puyi Inc. (NASDAQ: PUYI) announced its unaudited financial results for the first half of fiscal year 2022, reporting net revenues of RMB101.5 million (US$15.9 million), a 21.5% increase year-over-year. Despite revenue growth, the company faced a net loss of RMB39.2 million (US$6.2 million), worsening from a loss of RMB13.4 million in the same period last year. Revenue from privately raised fund products surged 91.6% to RMB38.8 million, while publicly raised fund products saw a modest 5.3% increase. Active clients in publicly raised fund products rose by 21.6% to 383,000.
Puyi Inc. (NASDAQ: PUYI), a leading wealth management service provider in China, will release its unaudited financial results for the first half of fiscal year 2022 on March 28, 2022. The results will cover the period ending December 31, 2021. A bilingual conference call will be held to discuss these results and business developments. Investors can register online to join the call, and an archived webcast will be available on Puyi's investor relations website. Prior to this, Puyi emphasizes the importance of forward-looking statements and advises caution in relying on them.
Puyi Inc. (NASDAQ: PUYI), a top third-party wealth management service provider in China, has announced its headquarters relocation from the 42nd to the 61st floor of the Pearl River Tower in Guangzhou. CEO Yong Ren expressed hopes that this move will elevate the company's business and foster a more efficient and happier work environment for employees. Puyi specializes in serving affluent and emerging middle-class clients, also offering asset management services.
Puyi Inc. (NASDAQ: PUYI), a prominent third-party wealth management service provider in China, filed its annual report on Form 20-F for the fiscal year ended June 30, 2021, with the SEC on September 27, 2021. The report includes audited financial statements and is accessible on the SEC and Puyi's Investor Relations websites. A conference call to discuss these results is scheduled for September 27, 2021, at 9:00 PM EDT. Interested parties can register for the call online. Puyi focuses on affluent and emerging middle-class clients, providing asset management services.
On September 17, 2021, Puyi Inc. (NASDAQ: PUYI) announced plans to release its audited financial results for the fiscal year ending June 30, 2021, on September 27, 2021. The company will host a conference call to discuss these results and its business development, featuring English and Chinese language support. The call is scheduled for 9:00 PM EDT on September 27, 2021, with registration required in advance. Puyi is a leading third-party wealth management service provider in China, targeting the affluent and emerging middle class.
Puyi Inc. (NASDAQ: PUYI) reported a 33.9% increase in net revenues for the first half of fiscal year 2021, reaching RMB83.5 million (US$12.8 million), compared to RMB62.4 million in the same period of the previous year. Despite achieving growth, the company posted a net loss of RMB13.4 million (US$2.0 million), improving from a net loss of RMB22.6 million in the prior year. The client base surged by 86.4% to 315,000, and the transaction value for publicly raised fund products increased by 213.5% to RMB7.0 billion. Operating expenses grew by 15.3% to RMB112.9 million, influenced by increased marketing efforts.
Puyi Inc. (NASDAQ: PUYI), a prominent third-party wealth management provider in China, will announce its unaudited financial results for the first half of fiscal year 2021, ended December 31, 2020, on March 29, 2021. The company will hold a bilingual conference call to discuss these results and its business developments. Details of the call include date and time specifications for U.S. and Beijing/Hong Kong audiences. Investors can join the call by registering online.
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