Hywin Wealth Highlights Growth Achievements in Asset Management Franchise


Photo from Hywin press release

Photo from Hywin press release

SHANGHAI, China, October 13, 2021 (GLOBE NEWSWIRE) –

A photo accompanying this announcement is available on https://www.globenewswire.com/NewsRoom/AttachmentNg/ba7b2ed3-957a-4047-b4f1-365efbc85aff

Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin” or the “Company”) (NASDAQ: HYW), one of the leading independent providers of wealth management services in China, today highlighted achievements in growing its franchise asset management.

Hywin achieved outstanding operating results in fiscal 2021 which ended June 30, with net income increasing 42.8% year-on-year to RMB 1.83 billion, while the Net profit jumped 95.6% year on year to reach RMB 208 million.

Asset management has been a key area of ​​growth for Hywin as the company is able to leverage knowledge from its wealth management franchise to create an asset management business that differentiates itself through segmented propositions and cross-cycle resilience, while creating substantial returns for clients. This information is taken from Hywin’s role as a wealth manager with expertise in all asset classes and across onshore and offshore. Hywin has researched and selected a full range of investment products for its 120,000+ high net worth clients for over 15 years, performing due diligence on hundreds of asset managers and thousands of products. Building on this knowledge from its wealth management franchise, Hywin’s asset management business is well positioned to win.

“Our asset management business goes beyond the traditional investment management model,” said Ms. Wang Dian, CEO of Hywin Holdings. “This is a new framework to help our clients seek returns on their investments, plan for generational succession and achieve family aspirations. Our asset management business is also an important lever to convert China’s wealth growth into significant recurring business revenue and increase long-term shareholder value. Expertise and excellence, inspired by a higher vision – this is exactly the Hywin Way.

The asset manager with a wealth manager mindset
Hywin has built its asset management business and calibrates its investment strategies with rigor, based on its macro and market forecasts. Most importantly, Hywin runs its asset management business with the customer focus and intellectual objectivity that guides the company as a premier wealth manager.

To meet the asset management needs of Asia’s wealthiest families, Hywin Asset Management (Hong Kong) Limited was among the first Chinese financial institutions to launch the “External Asset Management (EAM)” model for providing highly personalized portfolio management offerings under discretionary and advisory mandates, backed by Hywin’s strategic partner – VP Bank (VPBN: SWX), a leading provider of custody, execution and investment services for independent asset managers and family offices.

Another Hywin asset management arm – Hywin Global Multi-Strategy Fund SPC – focuses on asset management services for high net worth clients, with a growing range of thematic funds, including “Hywin Global Greater China Long Short Fund “,” Hywin Global PE Fund “,” Hywin Asia New Dividend Income Fund “, among others.

Notably, the “Hywin Global PE Fund” leverages the company’s in-depth knowledge of the growth trajectory of niche champions to invest in small and mid-cap companies in Europe and Asia, offering an IRR of over 20% since its creation. The Hywin Asia New Dividend Income Fund captures value in the convertible and high yield bond space in Asia, achieving three-year cumulative returns of over 40%, as well as strong returns since the start of the year. year of more than 8% in a difficult 2021.

Become a member of “The Hong Kong LPF Association”
The Hong Kong LPF Association is the advocacy body formed by the major asset managers, banks and professional service companies of Greater China to promote the growth of the Hong Kong limited partnership fund regime as a structural catalyst to promote the connection of Asian capital with the world investment opportunities.

Additionally, as an intellectual stronghold of the Hong Kong private equity fund industry, the Hong Kong LPF Association enjoys the guidance and support of the Financial Secretary of the Hong Kong SAR Government, InvestHK, Hong Kong Monetary Authority and Hong Kong Financial Services Development Council, as well as leading professional advisers such as King & Wood Mallesons.

On September 27, 2021, Hywin was invited to become an executive member of the Hong Kong LPF Association. This step is further testimony to Hywin’s expertise in asset management and will stimulate the company to further contribute to Hong Kong’s ambition to be the world’s leading hub of “asset management + wealth management”. “.

The launch of the “Hywin Global Health Care Fund”
In the post-Covid era, health has become a major concern and a political goal for the whole world. How to translate the latest technological advances in life sciences and healthcare into improved well-being and well-being has become the challenge of our time.

On October 8, 2021, the company launched the “Hywin Global Health Care Fund”, with two integrated missions: first, to channel capital from Asia to leading companies in life sciences, health and technology. healthcare across the world, in order to generate sustainable value for investors; second, to introduce the best global health care offerings and services to China, in order to create substantial improvements in the health of the people.

About Hywin Holdings Ltd.
Hywin (NASDAQ: HYW) is a leading independent provider of wealth management services in China, focused on providing comprehensive asset allocation advisory services and financial products to high net worth clients. The main services of the Company are wealth management, asset management and other comprehensive financial services. Wealth management is currently the largest business segment of the company, in which its onshore and offshore solutions platforms serve clients from generation to generation. For more information, please visit https://ir.hywinwealth.com.

Safe Harbor Declaration
This press release contains statements that may constitute “forward-looking” statements in accordance with the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as “anticipate.” , “” Estimate “,” foresee “,” plan “,” project “,” potential “,” continue “,” in progress “,” expect “,” aim “,” believe “,” have the intention of “,” may “,” should, “” will “,” is / are likely to “,” could “and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company assumes no obligation to update any forward-looking statement, except as required by applicable law.

Investor contact:
Hywin Holdings Ltd.
Jingyi wen
Email: [email protected]
Robin yang
Telephone: +1 212-537-5797
Email: [email protected]

Media contact:
Ker zheng
Telephone: +86 139-2280-3249
Email: [email protected]

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