Company: NOAH
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0001410578-25-000852
Chunk: 334

Company: NOAH HOLDINGS LTD
Filing Date: 2025-04-24
Form: 20-F
Item: Item 16K
Chunk 334
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3 and 2024, related party transactions were as follows:
Year Ended December 31
─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
(Amount in Thousands)
2022 2023 2024 2024
RMB RMB RMB US$
One-time commissions
Investee funds of Gopher Assets 63,809 16,365 21,288 2,916
Recurring service fees
Investee funds of Gopher Assets 768,161 712,479 613,172 84,004
HongShan Capital Investment Management (Tianjin) Co., Ltd. 16,791 16,286 5,088 697
Investee funds of Gopher Capital GP Ltd. 377,274 400,371 402,264 55,110
Total recurring service fees 1,162,226 1,129,136 1,020,524 139,811
Performance-based income
Investee funds of Gopher Assets 51,304 10,934 22,960 3,146
Investee funds of Gopher Capital GP Ltd. 74,224 110,331 81,938 11,225
Total performance-based income 125,528 121,265 104,898 14,371
Total 1,351,563 1,266,766 1,146,710 157,098
As of December 31, 2023 and 2024, amounts due from related parties associated with the above trading transactions were comprised of the following:
As of December 31,
──────────────────────────────────────────────────────────────────────────────────────────────────────────
(Amount in Thousands)
2023 2024 2024
RMB RMB US$
Investee funds of Gopher Assets 238,033 302,724 41,473
Investee funds of Gopher Capital GP Ltd. 93,498 194,885 26,699
Amounts due from related parties (trade), gross 331,531 497,609 68,172
Less: allowance for credit losses ( 9,194) ( 7,484) ( 1,025)
Total in net amounts 322,337 490,125 67,147

F-47

Table of Contents

As of December 31, 2023, and 2024, amounts due from related parties associated