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Jupai : Reports First Quarter 2021 Results (Form 6-K)

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In the first quarter 2021, we were pleased to see the gradual recovery of investment sentiment among high net worth individuals in China, said Mr. Jianda Ni, Jupai s chairman of the board and chief executive officer. Jupai s total aggregate value of wealth management products distributed increased to RMB 1.87 billion in the first quarter from RMB 1.16 billion in the fourth quarter of 2020 as we continued to improve client experience and develop our product portfolio in line with our Asset Transparency System strategy. We remain optimistic in the company and the long term prospects of China s wealth management industry.
Ms. Min Liu, Jupai s chief financial officer, said, Jupai continued to improve business performance and profitability. Net profit attributable to ordinary shareholders increased nearly 100% and total number of active clients also resumed growth, increasing 33% compared to the fourth quarter last year. Jupai will continue to imple ....

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Jupai Holdings Limited: Jupai Reports First Quarter 2021 Results

Jupai Holdings Limited: Jupai Reports First Quarter 2021 Results
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