What does Noah do?
Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors. In 2023, Noah distributed RMB74.1 billion (US$10.4 billion) of investment products. Through Gopher Asset Management, Noah had assets under management of RMB154.6 billion (US$21.8 billion) as of December 31, 2023.
When was Noah founded?
Noah was founded in 2005.
Where is Noah headquartered?
Our principal executive Offices are located at Noah Wealth Center, No.1226 Shenbin South Road, Minhang District, Shanghai, China.
How many offices does Noah have? Where are they located?
As of December 31, 2023, Noah has a network of 1,252 relationship managers across 44 cities in mainland China, and serves the international investment needs of its clients through offices in Hong Kong (China), Taiwan (China), New York, Silicon Valley, Singapore and Los Angeles.
How many employees does Noah have?
Noah has 2,583 employees as of December 31, 2023.
What are Noah’s core businesses?
Noah's wealth management business offers financial products and provides value-added services to high net worth clients in China and overseas. Noah primarily partners with leading product providers to distribute public securities and other products denominated in Renminbi and other currencies..
Noah's asset management business is conducted through Gopher Asset Management, a leading multi-asset manager in China with overseas offices in Hong Kong and the United States. Gopher Asset Management develops and manages assets ranging from private equity, real estate, public securities, credit to multi-strategy investments denominated in Renminbi and other currencies.
Who are Noah’s clients?
The Company’s wealth management business offers financial products and provides value-added services to high net worth clients in China and overseas. Gopher Asset Management develops and manages private equity, real estate, public securities, credit and multi-strategy investments denominated in Renminbi and other currencies.
What is Noah’s vision?
Become a trustworthy partner by developing a deep understanding of clients through the pursuit of professionalism and excellence.
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?
On August 10, 2022, Noah’s Board of Directors (the “Board”) adopted a dividend policy where no less than 10% of the Company’s non-GAAP net income attributable to shareholders of the preceding financial year will be allocated toward dividends to be distributed in each calendar year, subject to various factors. For further information on the dividend policy, please refer to the following link on Noah's Adoption Of Dividend Policy.
On November 29, 2023, the Board approved a new capital management and shareholder return policy (the “Policy”) where up to 50% the Company's non-GAAP net income attributable to shareholders of the preceding financial year will be allocated to a Corporate Actions Budget which will serve various purposes, including dividend distribution and share repurchases. Under the Policy, the Board has approved that no less than 35% of the Company's non-GAAP net income attributable to shareholders of the preceding financial year will be allocated toward dividends to be distributed in each calendar year, subject to various factors.
On March 26, 2024, the Board approved an annual dividend of approximately RMB509.0 million (US$71.7 million) in total, which is equivalent to 50% of Noah’s annual non-GAAP net income attributable to shareholders. The Board has also approved a non-recurring special dividend of approximately RMB509.0 million (US$71.7 million) in total. The annual and special dividend payment plan will be reviewed during and announced after the Annual General Meeting, which is expected to be held in June 2024.
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?
Kirkland & Ellis LLP
Who can I contact about investor-related issues?
Where can I find more corporate governance materials?
