UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event re ...

GUANGZHOU, China, June 25, 2024 /PRNewswire/ -- Highest Performances Holdings Inc. ("HPH" or the Group, NASDAQ: HPH), announces that its Puyi Fund's assets under advice for its asset allocation services reached RMB 24.7 billion as of June 21, 2024, reflecting a remarkable year-on-year growth of 188%. This substantial increase in scale showcases significant growth for the fund.This accomplishment is primarily attributed to the Puyi Fund's service philosophy, "long-term commitment to clients and clients' long ...

GUANGZHOU, China, June 24, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that the portfolio balance of the asset allocation services of its majority-owned subsidiary Fanhua Puyi Fund Distribution Co., Ltd., (“Puyi Fund”) has reached RMB24.7 billion as of June 21, 2024, representing a year-over-year growth of 188% from June in 2023. This achievement stems from its relentless efforts in product strategy adjustments and digital transformatio ...

GUANGZHOU, China, March 13, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ:HPH) ("Highest Performances" or the "Company"), a leading third-party wealth management services provider in China, today announced the results of its extraordinary general meeting of shareholders held in Guangzhou on March 13, 2024. At the extraordinary general meeting, the shareholders passed the following special resolutions to: (i) change the Company's English name from Puyi Inc. to Highest Performances Holdi ...

GUANGZHOU, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announces the signing of first supplementary agreement (the "Agreement") with Singapore White Group Pte. Ltd. ("White Group") to the framework strategic agreement previously disclosed on February 2, 2024. Pursuant to the Agreement, both parties agree to the following matters: White Group intends to inject assets into Puyi aimed at as ...

GUANGZHOU, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced the postponement of the previously scheduled extraordinary general meeting ("EGM") at 10:00 a.m. on February 22, 2024 (Beijing time) to 10:00 a.m. on March 13, 2024 (Beijing time) ("March EGM") and the updated proposed English name from Huapu Inc. to Highest Performances Holdings Inc. in a new notice of March EGM from the o ...

GUANGZHOU, China, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced that Puyi and Fanhua Inc. ("Fanhua") entered into a framework agreement with Singapore White Group Pte. Ltd. ("White Group"). Pursuant to the framework agreement, White Group and its partners intend to invest up to US$500 million in Puyi and up to US$500 million in Fanhua. Both parties will proceed with finalizing the detai ...

GUANGZHOU, China, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced that Puyi and certain shareholders have reached share purchase agreements with New Dragon Group (Far East) Limited ("New Dragon"), an investment management company based in Hong Kong, on January 12, 2024. Pursuant to the agreements, New Dragon will invest approximately US$13 million to subscribe for 4,224,000 ordinary share ...

Core Viewpoint - Puyi Inc. has announced a share repurchase agreement with Fanhua Inc. and a concurrent share transfer agreement, which are expected to close before December 31, 2023 [1] Group 1: Share Repurchase and Transfer - Puyi intends to repurchase 4,033,600 ordinary shares from Fanhua, representing 4.46% of Puyi's share capital [1] - Fanhua will acquire 15.41% of the equity interests in Puyi Fund, a wholly-owned subsidiary of Puyi, for a consideration that includes the share repurchase price and approximately RMB10.5 million in cash [1] Group 2: Company Background - Puyi Inc. was established in 2010 and listed on Nasdaq in 2019, focusing on personalized wealth management services for middle-class and affluent families [3] - Puyi holds licenses for securities, futures business, and fund distribution, and has developed a digital technology platform connecting with over 100 fund companies [3] - Puyi Fund, established in 2010, is a leading independent fund product distributor in China, initially owned 19.5% by Fanhua, which was later diluted to 15.4% [2] Group 3: Fanhua Overview - Fanhua, established in 1998, is a comprehensive financial services provider in China, focusing on family asset allocation services [4] - Fanhua operates a vast offline sales network across 31 provinces, with over 100,000 agents and 695 service outlets [4] - For the first nine months of 2023, Fanhua facilitated RMB12.4 billion in gross written premiums, with net revenues of RMB2.6 billion and net income attributable to shareholders of RMB307.7 million [5]

Puyi Inc. (NASDAQ:PUYI) Q4 2023 Earnings Conference Call September 25, 2023 9:00 PM ET Company Participants Jing He - General Manager of Financial Reporting Department Yong Ren - Chairman and CEO Conference Call Participants Operator Ladies and gentlemen, welcome to Puyi Inc.'s Fiscal Year 2023 Earnings Conference Call. At this time all participants are in a listen-only mode. Following Management’s prepared remarks, there’ll be a question-and-answer session. For your information, today's conference call is ...