{"id":778487,"date":"2023-08-17T06:06:31","date_gmt":"2023-08-17T10:06:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/"},"modified":"2023-08-17T06:06:31","modified_gmt":"2023-08-17T10:06:31","slug":"hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/","title":{"rendered":"Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SHANGHAI, China, Aug.  17, 2023  (GLOBE NEWSWIRE) &#8212; Hywin Holdings Ltd. (\u201cHywin Wealth\u201d or \u201cHywin\u201d) (NASDAQ: HYW), a leading independent wealth management service provider in China, announced today that Shanghai Hywin Network Technology Co., Ltd. (\u201cHywin Technology\u201d), one of Hywin\u2019s operating entities, was recently recognized as a Specialized, Refined, Distinctive and Innovative Small Medium Enterprise (\u201cSME\u201d) in Shanghai.<\/p>\n<p align=\"justify\">The designation was made by the Shanghai Municipal Commission of Economy and Informatization and is viewed as a prestigious recognition for the fastest-growing and specialized technology companies in China. The Shanghai Municipal Government is committed to vigorously boosting the development of outstanding technology SMEs through favorable policy support, funding, and in-depth interexchange.<\/p>\n<p align=\"justify\">Hywin Technology, through its strong in-house research &amp; development (R&amp;D) capabilities, is devoted to building next-generation WealthTech digital infrastructure. Currently, Hywin Technology\u2019s digitalization capabilities cover various aspects of the wealth management and asset management industry, including:<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Customer Relationship Management (\u201cCRM\u201d)<\/li>\n<li style=\"text-align:justify\">Customer Data Platform (\u201cCDP\u201d)<\/li>\n<li style=\"text-align:justify\">Data Management Platform (\u201cDMP\u201d)<\/li>\n<li style=\"text-align:justify\">Hywin Intelligent Portfolios Advisor (\u201cHIPA\u201d)<\/li>\n<li style=\"text-align:justify\">Allomaster (\u201cYoupeitong\u201d)<\/li>\n<li style=\"text-align:justify\">Invest Path (\u201cJihuitong\u201d)<\/li>\n<\/ul>\n<p align=\"justify\">Adhering to the principle of Know Your Needs (\u201cKYN\u201d) in wealth management, Hywin created the proprietary HIPA system which serves as the foundation of Hywin\u2019s two execution systems \u2013 \u201cAllomaster\u201d and \u201cInvest Path\u201d. \u201cAllomaster\u201d is the scenario-based sales and marketing system responsive to individual clients\u2019 varied asset allocation needs, which supports Hywin relationship managers\u2019 fund portfolios construction and post-investment holding analyses and client management. \u201cInvest Path\u201d, a specialized platform for institutional client fund trading, supports client needs for professional, secure and speedy investment fund trade execution online, thereby enhancing Hywin\u2019s overall liquidity management and risk management capabilities for the clients. Developed and refined by Hywin Technology over several years, HIPA now combines a customer data engine with Big Data and AI algorithms, which continuously accumulate and analyze client data to provide valuable insights to support business and investment needs.<\/p>\n<p align=\"justify\">Madame Wang Dian, Chief Executive Officer and Director of Hywin, commented, \u201cI am excited about the digitalization transformation progress that Hywin Technology has made. Hywin has endeavored to take a technology-driven approach to deliver innovation in the wealth management industry. We\u2019re thrilled to be recognized by the Shanghai Municipal Commission of Economy and Informatization for our technology expertise and continuous innovation. Hywin is always innovating to create customized, scalable solutions for advisors, product partners and clients. Going forward, we seek to grow our platforms\u2019 capabilities with an even higher degree of flexibility, customization and efficiency to support our fund marketing, advisory services and health management services.\u201d<\/p>\n<p align=\"justify\">Mr. Zhu Hua, Chief Technology Officer of Hywin and Chief Executive Officer of Hywin Technology, added, \u201cHywin Technology has been dedicated to creating digital infrastructure that supports Hywin\u2019s businesses and ecosystem. Hywin Technology has obtained nearly 30 software copyrights, and currently has over 50 digital R&amp;D projects underway, which has laid a solid foundation for Hywin\u2019s long-term development in its technology strategy.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About Hywin Holdings Ltd.<\/strong>\n      <\/p>\n<p align=\"justify\">Hywin (NASDAQ: HYW) is a leading independent wealth management service provider in China focusing on providing asset allocation advisory services and comprehensive financial products to high-net-worth clients. The Company\u2019s primary services are wealth management, asset management, other comprehensive financial services, and health management services. Wealth management is currently the Company\u2019s largest business segment, in which its onshore and offshore solution platforms serve clients across generations. The Company also offers integrated and high-end health screening and health management services to high-net-worth clients in China, and aims to become a dual-platform serving clients across market cycles and life cycles. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1toMr3AUg4PY51OQ2SaNj7azdYhfwkVfwr2yRvt1OlWBOAtrSC48b7sHYl-JO-r1q965YSZSkrn4QvzMrh_UaO4GMWUE-Ovr6SZBwQ8JZnI=\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/ir.hywinwealth.com\/<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Safe Harbor Statement<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains statements that may constitute \u201cforward-looking\u201d statements pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201canticipate,\u201d \u201cestimate,\u201d \u201cforecast,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201congoing,\u201d \u201cexpect,\u201d \u201caim,\u201d \u201cbelieve,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cis\/are likely to,\u201d \u201ccould\u201d and similar statements. Statements that are not historical facts, including statements about the Company&#8217;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&#8217;s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n<p align=\"justify\">\n        <strong>Investor Contact:<\/strong><br \/>\n        <br \/>Hywin Holdings Ltd.<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=obVjUcdyFYOdImL0UWzQo8IvononrdNctV97SQu-FUJ6btPFr9j__Z8lW9T7l9QJuNUus7thm4T432AQC_GxR-eLp9GRT84TGlX1sSYOwXg=\" rel=\"nofollow noopener\" target=\"_blank\">ir@hywinwealth.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>Media Contact:<\/strong><br \/>\n        <br \/>ICR, LLC<br \/>Edmond Lococo<br \/>Phone: +86 138-1079-1408<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-kuOWjju94nDUih4QPzBrSewSjjADKWmr0DttJ-OgTygbCDyKr7WJouIn3FFMPVn7kLtwSnaSPjcFDMsIHRumOehsW2G9cqOhutV4xZDffM=\" rel=\"nofollow noopener\" target=\"_blank\">HywinPR@icrinc.com<\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg5NjQyOCM1NzYxMTA1IzIyMDU5NzY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NGYxYTc4NmYtNTBhZS00MDVjLTk1MTktYWRiZjJhYzk4M2JmLTEyMTc1Mjk=\/tiny\/HYWIN-WEALTH-MANAGEMENT-CO-LTD.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SHANGHAI, China, Aug. 17, 2023 (GLOBE NEWSWIRE) &#8212; Hywin Holdings Ltd. (\u201cHywin Wealth\u201d or \u201cHywin\u201d) (NASDAQ: HYW), a leading independent wealth management service provider in China, announced today that Shanghai Hywin Network Technology Co., Ltd. (\u201cHywin Technology\u201d), one of Hywin\u2019s operating entities, was recently recognized as a Specialized, Refined, Distinctive and Innovative Small Medium Enterprise (\u201cSME\u201d) in Shanghai. The designation was made by the Shanghai Municipal Commission of Economy and Informatization and is viewed as a prestigious recognition for the fastest-growing and specialized technology companies in China. The Shanghai Municipal Government is committed to vigorously boosting the development of outstanding technology SMEs through favorable policy support, funding, and in-depth interexchange. Hywin Technology, through its strong in-house research &amp; development (R&amp;D) &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-778487","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SHANGHAI, China, Aug. 17, 2023 (GLOBE NEWSWIRE) &#8212; Hywin Holdings Ltd. (\u201cHywin Wealth\u201d or \u201cHywin\u201d) (NASDAQ: HYW), a leading independent wealth management service provider in China, announced today that Shanghai Hywin Network Technology Co., Ltd. (\u201cHywin Technology\u201d), one of Hywin\u2019s operating entities, was recently recognized as a Specialized, Refined, Distinctive and Innovative Small Medium Enterprise (\u201cSME\u201d) in Shanghai. The designation was made by the Shanghai Municipal Commission of Economy and Informatization and is viewed as a prestigious recognition for the fastest-growing and specialized technology companies in China. The Shanghai Municipal Government is committed to vigorously boosting the development of outstanding technology SMEs through favorable policy support, funding, and in-depth interexchange. Hywin Technology, through its strong in-house research &amp; development (R&amp;D) &hellip; Continue reading &quot;Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-17T10:06:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg5NjQyOCM1NzYxMTA1IzIyMDU5NzY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai\",\"datePublished\":\"2023-08-17T10:06:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\\\/\"},\"wordCount\":762,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg5NjQyOCM1NzYxMTA1IzIyMDU5NzY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\\\/\",\"name\":\"Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai - 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(\u201cHywin Wealth\u201d or \u201cHywin\u201d) (NASDAQ: HYW), a leading independent wealth management service provider in China, announced today that Shanghai Hywin Network Technology Co., Ltd. (\u201cHywin Technology\u201d), one of Hywin\u2019s operating entities, was recently recognized as a Specialized, Refined, Distinctive and Innovative Small Medium Enterprise (\u201cSME\u201d) in Shanghai. The designation was made by the Shanghai Municipal Commission of Economy and Informatization and is viewed as a prestigious recognition for the fastest-growing and specialized technology companies in China. The Shanghai Municipal Government is committed to vigorously boosting the development of outstanding technology SMEs through favorable policy support, funding, and in-depth interexchange. Hywin Technology, through its strong in-house research &amp; development (R&amp;D) &hellip; Continue reading \"Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/","og_site_name":"Market Newsdesk","article_published_time":"2023-08-17T10:06:31+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg5NjQyOCM1NzYxMTA1IzIyMDU5NzY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai","datePublished":"2023-08-17T10:06:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/"},"wordCount":762,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg5NjQyOCM1NzYxMTA1IzIyMDU5NzY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hywin-technology-wins-recognition-as-distinctive-and-innovative-sme-in-shanghai\/","name":"Hywin Technology Wins Recognition as \u201cDistinctive and Innovative SME\u201d in Shanghai - 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