What does Noah do?
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 nine months of 2018, Noah distributed RMB84.9 billion (US$12.4 billion) of financial products. Through Gopher Asset Management, Noah had assets under management of RMB164.1 billion (US$23.9 billion) as of September 30, 2018.
When was Noah founded?
Noah was founded in 2005.
Where is Noah headquartered?
Our headquarters is located at No.1687 Changyang Road, Changyang Valley, Building 2, Yangpu District, Shanghai, China, 200090.
How many offices does Noah have? Where are they located?
As of September 30, 2018, Noah has a network of 1,559 relationship managers across 287 branches and sub-branches in 83 cities in mainland China, and serves the international investment needs of its clients through offices in Hong Kong, Taiwan, United States, Canada, Australia and Singapore.
How many employees does Noah have?
Noah currently has 3,394 employees as of September 30, 2018.
What are Noah’s core businesses?
Noah's wealth management business primarily distributes onshore and offshore fixed income, private equity, secondary market equity and insurance products. As a leading alternative asset manager in China, Gopher Asset Management manages private equity, real estate, secondary market equity, credit and other investments denominated in Renminbi and other currencies. The Company also provides other financial services, including lending services, online wealth management and payment technology services.
Who are Noah’s customers?
Our wealth management business focuses on distributing financial products to high net worth clients in China and overseas.
What is Noah’s vision?
We aspire to become the most trusted and reliable wealth management brand among China's high net worth population. To achieve this goal, we intend to leverage our existing strengths and pursue the following strategies:
• Further enhance our brand recognition among high net worth population in China;
• Expand our coverage network and deepen client penetration;
• Broaden our client base to increase addressable markets;
• Continue product innovation to enhance our value proposition to clients; and
• Enhance our IT infrastructure and proprietary database.
What is Caifupai?
Launched in 2014, Caifupai is Noah’s proprietary internet finance platform which provides standardized financial products to mass affluent clients in China.
When was Noah’s initial public offering (IPO)?
Noah’s initial public offering was on November 10, 2010.
Where is Noah traded and what is its ticker symbol?
Our American Depository Shares (ADSs) are traded on the New York Stock Exchange under the ticker symbol "NOAH".
Who is Noah's American Depository Receipt ("ADR") bank?
Citibank, N.A. is Noah's ADR bank, transfer agent and registrar for its ADR shares.
What is the ratio of ADSs to ordinary shares?
Two ADSs represent one Class A ordinary share.
What is Noah’s dividend policy?
We plan to continue expanding our wealth management, asset management and internet finance businesses, with potential investments in or acquisitions of complementary businesses and related licenses. Our aim is to build a more comprehensive financial platform that will allow us to further expand our customer base, diversify revenues, increase customer stickiness and improve the customer experience.
Taking into consideration the projects to develop the Company, our board of directors decided not to issue an annual cash dividend for year 2017 and reallocate resources toward more essential functions that will drive further business growth and enhance shareholder value in the long run. Declaration and payment of future dividends is at the discretion of the Board and may be adjusted as the Board may deem necessary or appropriate in the future.
How can I sign up to receive Noah's press and financial news releases?
Where can I find Noah's SEC filings?
How can I obtain a copy of the Company's Annual Report and other IR materials?
What is the fiscal year end for Noah?
Noah's fiscal year ends on December 31.
Who is on Noah’s management team?
Who sits on Noah’s board of directors?
Who is Noah’s auditor?
Deloitte Touche Tohmatsu CPA Ltd. is Noah's independent registered public accounting firm.
Who is Noah’s U.S. legal counsel?
Shearman & Sterling LLP is Noah's legal counsel.
Who can I contact about investor-related issues?
Where can I find more corporate governance materials?