Hywin Holdings joins PRI at Pr

SHANGHAI, China, May 10, 2022 (GLOBE NEWSWIRE) — Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin” or the “Company”) (HYW), a leading independent provider of wealth management services in China, today announced it has joined the Principles for Responsible Investment (PRI) supported by the United Nations as a demonstration of the Company’s continued commitment to environmental, social and governance (ESG), and to further align its values ​​with the long-term interests of its investors, customers and the community.

Hywin Holdings joins PRI

Hywin’s initiative demonstrates the company’s continued commitment to ESG and the alignment of its values ​​with the long-term interests of its investors, customers and the community

Hywin officially signed the agreement to join the PRI on April 26, 2022. The agreement is the latest in a series of significant strides that Hywin has made towards adopting responsible investment criteria and integrating the issues ESG in all aspects of its advisory and investment processes. The Company has established a governance regime for codes of business conduct, corporate governance and information and data security; launched an enhanced ESG due diligence process and strategies; trained its employees in good ESG practices; and strengthened its ESG capabilities by appointing a dedicated department to lead ESG efforts.

Hywin prides itself on maintaining the highest standards of corporate social responsibility and has therefore launched a series of charitable programs. The Hywin Library Project has built 26 libraries nationwide to date, providing a reading room for underprivileged students. The Haitun Donation, another philanthropic initiative, provided more than 380 children in Sichuan province with financial support. The Paradise Park Project has provided financial and educational assistance to more than 6,000 children whose parents are migrant workers in Guizhou Province.

The PRI, initiated by former United Nations Secretary-General Kofi Annan, was launched on the New York Stock Exchange in 2006. It is the world’s leading promoter of responsible investing, with over 4,900 signatories worldwide, representing over $121 trillion in assets. Under Management (AUM), including investment managers, asset owners and service providers committed to a more sustainable global financial system. It has also developed six Principles for Responsible Investment, which are voluntary, aimed at providing a framework for integrating ESG considerations into investment decisions and ownership practices. As a signatory service provider to the PRI, Hywin demonstrates its commitment to providing, developing and promoting services that support customers’ implementation of these principles.

The six key principles for responsible investing in the PRI are:

  • Integrate ESG issues into investment analysis and decision-making processes.
  • Be active owners and incorporate ESG issues into ownership policies and practices.
  • Seek appropriate disclosure on ESG issues by entities in which to invest.
  • Promote acceptance and implementation of the Principles within the investment industry.
  • Work together to improve the effectiveness of the implementation of the Principles.
  • Report on activities and progress made in implementing the Principles.

Ms. Wang Dian, Chief Executive Officer and Director of Hywin, said, “We are delighted to join the PRI initiative to take the right steps to create sustainable value by integrating responsible investment and ESG policies into our activities and act in the best possible way in the long term. long-term interests of our investors and clients.

“Hywin has increasingly engaged in a wide range of responsible investing initiatives that help drive sustainable growth in profitability for investors and clients, manage risk, provide employee support and to positively influence the societies and communities we operate in. We will continue to develop investment practices and guidelines in all of our projects and build a customer-centric franchise,” Ms. Wang concluded.

About Hywin Holdings Ltd.
Hywin (HYW) is a leading independent wealth management service provider in China, specializing in providing asset allocation advisory services and comprehensive financial products to high net worth clients. The Company’s main services are wealth management, asset management and other comprehensive financial services. Wealth management is currently the company’s largest business segment, in which its onshore and offshore solutions platforms serve clients of all generations.

For more information, please visit https://ir.hywinwealth.com.

About the Principles for Responsible Investment
The PRI strives to understand the investment implications of environmental, social and governance (ESG) factors and to assist its international network of signatory investors to integrate these factors into their investment and ownership decisions. The PRI act in the long-term interests of its signatories, the financial markets and economies in which they operate and, ultimately, the environment and society as a whole. Launched in New York in 2006, the PRI has grown to over 4,900 signatories, managing over $121 trillion in assets under management.

For more information, please visit https://www.unpri.org/.

Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by terms such as “anticipate” , “estimate”, “foresee”, “plan”, “project”, “potential”, “continue”, “ongoing”, “expect”, “aim”, “believe”, “intend of”, “may”, “should”, “will”, “is/are likely”, “could”, and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statements except as required by applicable law.

Investor contacts:
Hywin Holdings Ltd.
E-mail: [email protected]

Media Contact:
Edmond Lococo
Phone: +86 138-1079-1408
E-mail: [email protected]

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