SHANGHAI, Aug. 16,
2024 /PRNewswire/ -- Noah Holdings
Limited (the "Company" or "Noah") (NYSE: NOAH and HKEX:
6686), a leading and pioneer wealth management service provider
offering comprehensive advisory services on global investment and
asset allocation primarily for Mandarin speaking high-net-worth
investors, today announced that it will report its unaudited
financial results for the second quarter and half year ended
June 30, 2024, after U.S.
markets close on August 28, 2024.
Noah's management team will hold an earnings conference call at
8:00 p.m. U.S. Eastern Time on
Wednesday, August 28, 2024
(8:00 a.m. Beijing/Hong Kong Time on Thursday, August 29, 2024).
The conference call may be accessed with the following
details:
Dial-in details:
Conference
title:
|
Noah Second Quarter and
Half Year 2024 Earnings Conference Call
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Date/Time:
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Wednesday, August 28,
2024, at 8:00 p.m., U.S. Eastern Time
Thursday, August 29,
2024, at 8:00 a.m., Hong Kong Time
|
|
|
|
Dial in:
|
|
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– Hong Kong Toll
Free:
|
800-963976
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– United States Toll
Free:
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1-888-317-6003
|
|
– Mainland China Toll
Free:
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4001-206115
|
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– International
Toll:
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1-412-317-6061
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Participant
Password:
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3101709
|
|
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A telephone replay will be available starting approximately one
hour after the end of the conference until September 4, 2024 at 1-877-344-7529 (US Toll
Free) and 1-412-317-0088 (International Toll) with the access
code 3826921.
A live and archived webcast of the conference call will be
available on the Company's investor relations website under the
"News & Events" section at http://ir.noahgroup.com.
ABOUT NOAH HOLDINGS LIMITED
Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading
and pioneer wealth management service provider offering
comprehensive one-stop advisory services on global investment and
asset allocation primarily for Mandarin-speaking high-net-worth
investors. In 2024 Q1, Noah distributed RMB18.9 billion (US$2.6
billion) of investment products. Through Gopher Asset
Management, Noah had assets under management of RMB153.3 billion (US$21.2
billion) as of March 31,
2024.
Noah's wealth management business primarily consists of the
distribution of RMB, USD and other currency-denominated private
equity, private secondary, mutual funds, as well as providing
comprehensive services. Noah's network covers major cities in
mainland China, as well as
Hong Kong (China), New
York, Silicon Valley, Singapore, and Los
Angeles. A total number of 1,109 relationship managers
provide customized wealth management solutions for clients through
this network and meet their investment needs. The Company's wealth
management business had more than 450,000 registered clients as of
March 31, 2024. Through Gopher Asset
Management, Noah manages private equity, public securities, real
estate, multi-strategy, and other investments denominated in RMB,
USD and other currencies.
For more information, please visit Noah
at ir.noahgroup.com.
SAFE HARBOR STATEMENT
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of
the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates," "confident" and
similar statements. Noah may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission, in its annual reports to
shareholders, in announcements, circulars or other publications
made on the website of The Stock Exchange of Hong Kong
Limited (the "Hong Kong Stock Exchange"), in press releases
and other written materials and in oral statements made by its
officers, directors or employees to third parties. Statements that
are not historical facts, including statements about Noah's beliefs
and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. These
statements include, but are not limited to, estimates regarding the
sufficiency of Noah's cash and cash equivalents and liquidity risk.
A number of factors could cause Noah's actual results to differ
materially from those contained in any forward-looking statement,
including but not limited to the following: its goals and
strategies; its future business development, financial condition
and results of operations; the expected growth of the wealth
management and asset management market in China and
internationally; its expectations regarding demand for and market
acceptance of the products it distributes; investment risks
associated with investment products distributed to Noah's
investors, including the risk of default by counterparties or loss
of value due to market or business conditions or misconduct by
counterparties; its expectations regarding keeping and
strengthening its relationships with key clients; relevant
government policies and regulations relating to its industries; its
ability to attract and retain qualified employees; its ability to
stay abreast of market trends and technological advances; its plans
to invest in research and development to enhance its product
choices and service offerings; competition in its industries
in China and internationally; general economic and
business conditions globally and in China; and its ability to
effectively protect its intellectual property rights and not to
infringe on the intellectual property rights of others. Further
information regarding these and other risks is included in Noah's
filings with the U.S. Securities and Exchange
Commission and the Hong Kong Stock Exchange. All
information provided in this press release and in the attachments
is as of the date of this press release, and Noah does not
undertake any obligation to update any such information, including
forward-looking statements, as a result of new information, future
events or otherwise, except as required under the applicable
law.
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SOURCE Noah Holdings Limited