FAQ

What does Noah do?
Noah Holdings Limited (NYSE: NOAH) is a leading wealth and asset management service provider in China with a focus on high net worth individuals. In the first nine months of 2019, Noah distributed RMB65.4 billion (US$9.5 billion) of financial products. Noah had assets under management of RMB176.5 billion (US$24.7 billion) as of September 30, 2019, through its wholly-owned subsidiary Gopher Asset Management.
When was Noah founded?
Noah was founded in 2005.
Where is Noah headquartered?
Our principal executive offices are located at Building 2, 1687 Changyang Road, Yangpu District, Shanghai, China.
How many offices does Noah have? Where are they located?
As of September 30, 2019, Noah has a network of 1,368 relationship managers across 307 service centers in 81 cities in mainland China. The Company also has offices in Hong Kong, Taiwan, United States, Canada, Australia and Singapore to serve our Chinese clients’ international investment requirements, as well as giving our overseas clients the access to Chinese market.
How many employees does Noah have?
Noah has over 3,000 employees as of September 30, 2019.
What are Noah’s core businesses?

Noah primarily distributes credit, private equity, public securities and insurance products denominated in RMB and other currencies. Gopher Asset Management develops and manages private equity, real estate, public securities, credit and multi-strategy investments denominated in Renminbi and other currencies. The Company also provides lending services and other services including an online financial advisory platform and payment technology services.

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?
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?
Please follow this link to register for e-mail alerts.
Where can I find Noah's SEC filings?
Please follow this link to view Noah's SEC Filings.
How can I obtain a copy of the Company's Annual Report and other IR materials?
Please follow this link to view Noah's Annual Reports .
What is the fiscal year end for Noah?
Noah's fiscal year ends on December 31.
Who is on Noah’s management team?
Please follow this link to view Noah's Management Team.
Who sits on Noah’s board of directors?
Please follow this link to view 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?
Please direct investor related questions to E-mail: ir@noahgroup.com.
Where can I find more corporate governance materials?
Please follow this link to see Noah’s Corporate Governance materials.

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