Noah Holdings Limited Announces Results of Annual General Meeting and Payment of Final Dividend and Special Dividend

Core Points - Noah Holdings Limited held its annual general meeting in Hong Kong on June 12, 2024, where all proposed resolutions were approved by shareholders [1] - The company announced a final dividend of RMB509.0 million (approximately US$70.2 million) and a special dividend of the same amount, both with a distribution ratio of RMB1.54 (approximately US$0.21) per share [2] - As of March 31, 2024, Noah distributed RMB18.9 billion (US$2.6 billion) of investment products and managed assets totaling RMB153.3 billion (US$21.2 billion) through Gopher Asset Management [3] Company Overview - Noah Holdings Limited is a leading wealth management service provider focused on Mandarin-speaking high-net-worth investors, offering comprehensive advisory services on global investment and asset allocation [3][4] - The company operates a network of 1,109 relationship managers across 18 cities, providing customized financial solutions to 457,705 registered clients as of March 31, 2024 [4]