Company: NOAH
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0001410578-25-000852
Chunk: 230

Company: NOAH HOLDINGS LTD
Filing Date: 2025-04-24
Form: 20-F
Item: Item 7
Chunk 230
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,399          1,288
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The terms of the loans are due on demand and expected to be matured within one year, most of which are interest free.
As of December 31, 2023 and 2024, deferred revenues related to the recurring management fee received in advance from related parties were comprised of the following:
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                    ​                       ​      ​       ​       ​      ​      ​  
------------------------------------------------------------------------------------
​                                                As of December 31,                 
​                                           ​    (Amount in Thousands)              
​                                           2023          2024           2024       
​                                           ​    RMB      ​      RMB     ​      US$ 
Investee funds of Gopher Asset Management   ​    8,830    ​      873     ​      120 
Investee funds of Gopher GP                 ​    4,728    ​      2,824   ​      387 
Total                                       ​    13,558   ​      3,697   ​      507 
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During the years ended December 31, 2022, 2023 and 2024, donation made to Shanghai Noah Charity Fund were RMB3.2 million, RMB6.3 million and RMB9.3 million (US$1.3 million), respectively.
During the years ended December 31, 2022 and 2023, we paid RMB5.5 million and nil as service fees to Shanghai Dingnuo Technology Co., Ltd. (“Dingnuo”) for development of an online mutual fund work station for our relationship managers and one-stop service platform for private equity fund managers, respectively. Dingnuo was no longer the affiliate of shareholder of our Group after we acquired 100% of the issued shares in DD Finance Ltd. (the parent company of Dingnuo) on June 28, 2023.
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139

Employment Agreements
See “Item 6. Directors, Senior Management and Employees—A. Directors and Senior Management—Employment Agreements.”
Share Incentives
See “Item 6. Directors, Senior Management and Employees—B. Compensation—Share Incentive Plans.”

C.   Interests of Experts and Counsel
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Not applicable.
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