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HPH Announces Change to the Board of Directors

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Highest Performances Holdings (NASDAQ: HPH) announced that Mr. Youjie Kong has resigned from the Board of Directors due to personal reasons, effective November 25, 2024. The company clarified that his resignation was not due to any disagreements related to the company's operations, policies, or practices. HPH expressed its appreciation for Mr. Kong's dedicated service.

Highest Performances Holdings (NASDAQ: HPH) ha annunciato che il signor Youjie Kong si è dimesso dal Consiglio di Amministrazione per motivi personali, con effetto dal 25 novembre 2024. L'azienda ha chiarito che le sue dimissioni non sono avvenute a causa di disaccordi relativi alle operazioni, alle politiche o alle pratiche aziendali. HPH ha espresso la propria gratitudine per il servizio dedicato del signor Kong.

Highest Performances Holdings (NASDAQ: HPH) anunció que el Sr. Youjie Kong ha renunciado a la Junta Directiva por razones personales, con efecto a partir del 25 de noviembre de 2024. La empresa aclaró que su renuncia no se debió a ningún desacuerdo relacionado con las operaciones, políticas o prácticas de la empresa. HPH expresó su agradecimiento por el servicio dedicado del Sr. Kong.

하이스트 퍼포먼스 홀딩스(NASDAQ: HPH)는 유제이 콩 씨가 개인적인 이유로 이사직에서 사임했다고 발표했으며, 이는 2024년 11월 25일부터 유효합니다. 회사는 그의 사임이 회사의 운영, 정책 또는 관행과 관련된 어떤 불일치 때문이 아니라고 밝혔습니다. HPH는 콩 씨의 헌신적인 서비스에 감사의 뜻을 전했습니다.

Highest Performances Holdings (NASDAQ: HPH) a annoncé que M. Youjie Kong a démissionné du conseil d'administration pour des raisons personnelles, à compter du 25 novembre 2024. L'entreprise a précisé que sa démission n'était pas due à des désaccords liés aux opérations, aux politiques ou aux pratiques de l'entreprise. HPH a exprimé sa gratitude pour le service dévoué de M. Kong.

Highest Performances Holdings (NASDAQ: HPH) gab bekannt, dass Herr Youjie Kong aus persönlichen Gründen mit Wirkung zum 25. November 2024 aus dem Vorstand zurückgetreten ist. Das Unternehmen stellte klar, dass sein Rücktritt nicht auf Meinungsverschiedenheiten in Bezug auf die Geschäftstätigkeiten, Richtlinien oder Praktiken des Unternehmens zurückzuführen sei. HPH sprach seine Wertschätzung für den engagierten Dienst von Herrn Kong aus.

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GUANGZHOU, China, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that Mr. Youjie Kong has decided to resign from the Board as director due to personal reasons, effective from November 25, 2024.

The resignation of Mr. Kong did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company takes this opportunity to express its appreciation to Mr. Kong for his dedicated service to the Company.

About HPH

Founded in 2010 and formerly known as Puyi Inc., we have evolved with a vision to become a leading provider of intelligent technology-driven family and enterprise services. Our mission is to enhance the quality of life for families worldwide by leveraging two primary driving forces: technological intelligence and capital investments. We are dedicated to investing in high-quality enterprises with global potential, focusing on areas such as asset allocation, education and study tours, healthcare and elderly care, and family governance.

We currently hold controlling interests in two leading financial service providers in China. The first is AIX Inc., a technology-driven independent financial service platform traded on the Nasdaq. The second is Puyi Fund Distribution Co., Ltd., an independent wealth management service provider.

Highest Performances Holdings Inc., formerly known as Puyi Inc., was renamed on March 13, 2024 to reflect its strategic transformation.

Forward-looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When HPH uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from HPH’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: HPH’s ability to obtain proceeds from the Agreement; HPH’s goals and strategies; HPH’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the third-party wealth management industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets HPH serves and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by HPH with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in HPH’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. HPH undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Highest Performances Holdings Inc.


FAQ

Why did Mr. Youjie Kong resign from HPH's Board of Directors?

Mr. Youjie Kong resigned from HPH's Board of Directors due to personal reasons.

When did Mr. Youjie Kong's resignation from HPH's Board of Directors take effect?

Mr. Youjie Kong's resignation from HPH's Board of Directors took effect on November 25, 2024.

Was Mr. Youjie Kong's resignation from HPH's Board of Directors due to any disagreements?

No, Mr. Youjie Kong's resignation was not due to any disagreements with the company's operations, policies, or practices.

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