Hywin Holdings Ltd.
NASDAQ Global MarketCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Dian Wang
- Full Time Employees
- 2,905
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- F3, Hywin Financial Centre Shanghai People's Republic of China 200120
- IPO Date
- Mar 26, 2021
- CIK
- 0001785680
- Website
- ir.hywinwealth.com
- Similar Companies
- Business
- Hywin Holdings Ltd. (NASDAQ: HYW) is a Cayman Islands holding company that, through its subsidiaries, provides wealth management, insurance brokerage, asset management, and health management services primarily in China. The company offers a comprehensive range of financial products and services, including asset-backed securities such as real estate securitization products and equity investments in real estate projects; private funds encompassing venture capital, private equity, and hedge funds; supply chain financing and cash management products; public market investments like money market funds, bond funds, equities, and multi-strategy funds; insurance products comprising whole life, term life, universal life, health, annuity, and critical illness coverage; healthcare solutions such as medical examinations, chronic disease management, immune system enhancement, anti-aging treatments, and mild aesthetic medicines; as well as information technology services for transaction processing, data analysis, and system maintenance. Hywin targets high-net-worth individuals, mass affluent clients, and small to medium enterprises, operating across multiple provinces in China with over 1,000 financial consultants and access to more than 300 financial products; it maintains a significant online presence leveraging technology for client acquisition. Founded in 2006 and headquartered at F3, Hywin Financial Centre, 8 Yincheng Mid. Road, Pudong New District, Shanghai, China, the company has historically ranked as the third-largest third-party wealth management provider in China by 2019 transaction value. In a major strategic shift announced in 2024, Hywin is completely withdrawing from its wealth management and asset management sectors by terminating its China VIE agreements with Hywin Wealth Management Co., Ltd., thereby relinquishing control of those operations to founder Han Hongwei. The company is pivoting to a consumer-focused technology model, emphasizing health management services and exploring opportunities in new retail, social e-commerce, and metaverse technologies; it plans to pursue organic growth, strategic alliances, or both, while proposing a name change to Santech Holdings Limited pending shareholder approval. This transformation follows challenges including a regulatory investigation into Hywin Wealth for alleged illegal fundraising and missed payments in 2024, alongside a strategic collaboration with VP Bank involving a 3.4% equity stake acquisition.
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Hywin Holdings Ltd.
Santech Holdings Provides Update on Its Board and Senior Management
Hywin Holdings Ltd. to Hold Extraordinary General Meeting on July 17, 2024
Hywin Holdings Announces Unaudited Financial Results for the First Half of Fiscal Year 2024
Hywin Holdings Announces Updates on Strategic Business Transformation Plan
Hywin Holdings Ltd. to Hold Annual General Meeting on June 28, 2024
Why Is Hywin (HYW) Stock Down 17% Today?
Hywin Holdings Announces Receipt of Notification from Nasdaq
Hywin Holdings Announces Strategic Business Transformation Plan
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Hywin Holdings Ltd. Investors to Inquire About Securities Class Action Investigation - HYW
ROSEN, A LEADING AND RANKED FIRM, Encourages Hywin Holdings Ltd. Investors to Inquire About Securities Class Action Investigation - HYW
HYW LOSS ALERT: ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Hywin Holdings Ltd. Investors to Inquire About Securities Class Action Investigation - HYW
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Hywin Holdings Ltd. Investors to Inquire About Securities Class Action Investigation - HYW
ROSEN, TOP RANKED NATIONAL INVESTOR ATTORNEYS, Encourages Hywin Holdings Ltd. Investors to Inquire About Securities Class Action Investigation - HYW
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Hywin Holdings Ltd. and Encourages Investors with Losses to Contact the Firm
IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Hywin Holdings Ltd. and Encourages Investors with Losses to Contact the Firm
IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Hywin Holdings Ltd. and Encourages Investors with Losses to Contact the Firm
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Hywin Holdings Ltd. and Encourages Investors with Losses to Contact the Firm
IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Hywin Holdings Ltd. and Encourages Investors with Losses to Contact the Firm
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Hywin Holdings Ltd. and Encourages Investors with Losses to Contact the Firm