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TheStreet Open House

Noah Holdings Limited Announces Financial Results For The Third Quarter Of 2011

Stock quotes in this article: NOAH

2011 FORECAST

The Company estimates that non-GAAP net income attributable to Noah shareholders for the year 2011 is expected to be in a range of $24.0 million and $26.5 million, representing a year-over-year increase in the range of 79.6% and 98.3%. This estimate reflects management’s current business outlook and is subject to change.

BOARD OF DIRECTORS

After recent appointments of independent directors to the board and the accompanying changes to its board of directors and the committees, the Company’s board currently has nine directors, including five independent directors, and its audit committee, compensation committee and corporate governance and nominating committee each entirely comprises of independent directors.

The Company’s audit committee now consists of Ms. May Yihong Wu, Mr. Shuang Chen and Mr. Shusong Ba, and is chaired by Ms. May Yihong Wu.

The Company’s compensation committee now consists of Mr. Boquan He, Mr. Shuang Chen and Ms. May Yihong Wu, and is chaired by Mr. Boquan He.

The Company’s corporate governance and nominating committee now consists of Mr. Shuang Chen, Ms. May Yihong Wu and Mr. Ji Liu, and is chaired by Mr. Shuang Chen.

CONFERENCE CALL

Senior management will host a conference call on Monday, November 14, 2011 at 8:00 pm (Eastern) / 5:00 pm (Pacific) / 9:00 am (Hong Kong, Tuesday, November 15) to discuss its third quarter 2011 financial results and recent business activity. The conference call may be accessed by calling the following numbers:

      Toll Free       Toll

-- United States

+1-866-519-4004       +1-718-354-1231

-- China

-- Domestic

800-819-0121

-- Domestic Mobile

400-620-8038

-- Hong Kong

800-93-0346

-- United Kingdom

080-8234-6646
Conference ID # 20046646
 

A telephone replay will be available shortly after the call until November 21, 2011 at +1-866-214-5335 (US Toll Free) or +61-2-8235-5000 (International). Conference ID # 20046646.

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