SHANGHAI, Oct. 19, 2017 /PRNewswire/ -- Noah Holdings
Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth
and asset management service provider in China with a focus on global investment and
asset allocation services for high net worth individuals and
enterprises, today announced that it will hold its 2017 annual
general meeting ("AGM") of shareholders at Seaview Resort Xiamen,
No. 3999, the South Ring Road, Siming District, Xiamen, Fujian
Province, 361005, People's
Republic of China on December 1,
2017 at 2:00 p.m. local
time. At the AGM, shareholders will be asked to approve a new
2017 Share Incentive Plan, which has previously been approved by
the Company's Board of Directors.
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 October 20, 2017.
Holders of record of the Company's ordinary shares at the close
of business on the Record Date are entitled to attend, and to vote
at, the AGM and any adjournment or postponement thereof in
person. Beneficial owners of the Company's American depositary
shares ("ADSs") are also welcome to attend the AGM in person but
must act through Citibank, N.A., the depositary of the Company's
ADS program, to exercise their voting rights for the underlying
Class A ordinary shares..
The notice of the AGM, which sets forth the resolution to be
submitted for shareholder approval at the AGM, is available on the
Investor Relations section of the Company's website at
IR@noahwm.com. Shareholders and ADS holders may obtain a copy
of the Company's annual report on Form 20-F, free of charge, from
our website at http://ir.noahwm.com , or by sending an email to
IR@noahwm.com.
ABOUT NOAH HOLDINGS LIMITED
Founded in 2005, Noah Holdings Limited (NYSE: NOAH) is
a leading wealth and asset management service provider
in China with a focus on global investment and asset
allocation services for high net worth individuals and enterprises.
In the first half of 2017, Noah distributed RMB65.6
billion (US$9.7 billion) of
wealth management products. Through our subsidiary, Gopher Asset
Management Co., Ltd. ("Gopher Asset Management"), we had assets
under management of RMB138.7 billion (US$20.5 billion) as of June 30, 2017.
Our wealth management business primarily distributes onshore and
offshore fixed income products, private equity products, secondary
market products and insurance products. Noah delivers customized
financial solutions to clients through a network of 1,259
relationship managers across 205 branches and sub-branches in 76
cities in China, and serves the international investment needs
of its clients through wholly owned subsidiaries in Hong
Kong and the United
States. The Company's wealth management business had 164,728
registered clients as of June 30, 2017. As our asset
management subsidiary and a leading alternative asset manager
in China, Gopher Asset Management manages private equity, real
estate, secondary market credit and other investments denominated
in both Renminbi and foreign currencies. We also provide internet
financial services, including online wealth management,
micro-lending and payment processing services.
For more information, please visit Noah
at ir.noahwm.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 report to shareholders, 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. Further
information regarding these and other risks is included in Noah's
filings with the U.S. Securities and Exchange Commission, including
its annual reports on Form 20-F. 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.
Contacts:
Steve Zeng
Noah Holdings Limited
Tel: +86-21-8035-9221
ir@noahwm.com
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SOURCE Noah Holdings Limited