Santech Holdings Ltd. Announces Board and Management Changes
Ticker: BVC · Form: 6-K · Filed: Sep 17, 2024 · CIK: 1785680
Sentiment: neutral
Topics: management-change, corporate-governance
TL;DR
Santech Holdings (formerly Hywin) updated its board and senior management on Sept 17, 2024.
AI Summary
Santech Holdings Limited announced changes to its Board and Senior Management on September 17, 2024. The company, formerly known as Hywin Holdings Ltd. until August 16, 2019, is based in Shanghai, People's Republic of China.
Why It Matters
Changes in board and senior management can signal shifts in company strategy, operational focus, or financial direction, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing is a routine update on corporate governance and does not contain significant financial or operational news.
Key Players & Entities
- Santech Holdings Limited (company) — Registrant
- Hywin Holdings Ltd. (company) — Former company name
- September 17, 2024 (date) — Announcement date
- August 16, 2019 (date) — Date of name change
- Shanghai, People's Republic of China (location) — Company headquarters
FAQ
What is the primary purpose of this Form 6-K filing?
This Form 6-K filing is to report updates on Santech Holdings Limited's Board and Senior Management.
When was the announcement regarding the Board and Senior Management changes made?
The announcement was made on September 17, 2024, Beijing Time.
What was Santech Holdings Limited's former name?
Santech Holdings Limited was formerly known as Hywin Holdings Ltd.
On what date did the company change its name from Hywin Holdings Ltd. to Santech Holdings Limited?
The date of the name change was August 16, 2019.
Where is Santech Holdings Limited's principal executive office located?
Santech Holdings Limited's principal executive office is located at F3, 8 Yincheng Mid. Road, Pudong New District, Shanghai, People's Republic of China, 200120.
Filing Stats: 376 words · 2 min read · ~1 pages · Grade level 12.4 · Accepted 2024-09-17 07:53:08
Filing Documents
- tm2424115d1_6k.htm (6-K) — 12KB
- tm2424115d1_ex99-1.htm (EX-99.1) — 10KB
- 0001104659-24-100434.txt ( ) — 23KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission File Number: 001-40238 SANTECH HOLDINGS LIMITED F3, 8 Yincheng Mid. Road, Pudong New District, Shanghai, People’s Republic of China, 200120 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Santech Holdings Limited Announces Update on its Board and Senior Management On September 17, 2024 Beijing Time, the registrant announced updates to its board of directors (the “Board”) and senior management team. To the Company's best knowledge, Mr. Han Hongwei, the Chairman of the Board, and Madame Wang Dian, the Chief Executive Officer and a director of the Company, have been detained by, and are currently under investigation by certain branch office of Shanghai Municipal Public Security Bureau with respect to alleged illegal activities at Hywin Wealth Management Co., Ltd. (“Hywin Wealth Management”). As previously announced, the Company terminated its VIE arrangements with Hywin Wealth Management on June 28, 2024. Hywin Wealth Management is a company incorporated in mainland China and wholly owned and controlled by Mr. Han, and is not otherwise related to the Company. Santech Holdings Limited is not associated with this matter, nor has the Company received any official notice from any government authority as of the date of this announcement. A copy of the press release issued by the registrant regarding the foregoing is filed herewith as Exhibit 99.1 and is incorporated herein by reference. Exhibits 99.1 Press release dated September 17, 2024. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Santech Holdings Limited By: /s/ Lawrence Lok Name: Lawrence Lok Title: Chief Financial Officer Date: September 17, 2024 Beijing Time