Hywin Holdings ^{Priced, Nasdaq: HYW}

Hywin is the third largest third-party wealth management service provider in China, with a 7.5% market share in terms of 2019 transaction value, according to CIC. According to the same source, among the five largest industry participants in China, we were also the fastest-growing in terms of transaction value. In recent years, we have won awards for our achievements, including “Best Wealth Manager of Greater China Families” at the WealthBriefingAsia Greater China Awards 2020. We primarily provide wealth management services, insurance brokerage services, asset management services and other services to our clients. Our largest business to date has been our wealth management service business, under which we market and distribute privately raised products, publicly raised fund products and other products, providing a wealth management solution platform to serve clients across lifecycles and both onshore and offshore. For the years ended June 30, 2018, 2019 and 2020, the aggregate transaction value of the wealth management products we distributed totaled RMB51.5 billion, RMB55.6 billion and RMB68.2 billion (US$9.7 billion), respectively. Our privately raised products mainly consist of real estate products, and private equity and venture capital funds products.