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

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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, as net income grew 42.8% year on year to RMB 1.83 billion, while that net profit jumped 95.6% year on year to 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 in converting China’s wealth growth into significant recurring revenue for the business and increasing long-term shareholder value. Expertise and excellence, inspired by a higher vision – this is exactly the Hywin Way.

Asset manager in the mind of wealth manager Hywin has built his asset management business and calibrates his investment strategies with rigor, based on his 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 one of the first Chinese financial institutions to launch the “External Asset Management (EAM)” model. To provide 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. investment 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 major asset managers, banks and professional services companies in Greater China to promote the growth of the corporate fund regime Hong Kong Limited Partnership as a structural catalyst to foster the connection of Asian capital with global investment opportunities.

In addition, 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 preoccupation and a primary political objective 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 Asian capital to leading companies in life sciences, healthcare and healthcare technology around the world, to generate sustainable value for investors; second, to introduce the best global health care offerings and services to China, 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 across generations. For more information, please visit https://ir.hywinwealth.com.

Safe Harbor Statement 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”, “foresee”, “aim”, “believe”, “have the ‘intention “,” could “,” should “,” will “,” is / are likely to “,” could “and similar statements. Statements which are not historical facts, including statements about beliefs, the Company’s 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 documents filed by the Company with the Company. e 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: ir@chyjr.com ICR, LLC Robin Yang Phone: +1 212-537-5797 Email: HywinIR@icrinc.com

Media Contact: ICR, LLC Ker Zheng Phone: +86 139-2280-3249 E-mail: HywinPR@icrinc.com