# EDGAR Filing Document

**Accession Number:** 0001499543
**File Stem:** 0001085146-23-000719
**Filing Date:** 2023-2
**Character Count:** 33527
**Document Hash:** 93c425faa81fe67821c43b3e85e97e2d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000719.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001085146-23-000719

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Noah Holdings Ltd
- **CENTRAL INDEX KEY:** 0001499543
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-86013
- **FILM NUMBER:** 23593137

**BUSINESS ADDRESS:**
- **STREET 1:** NO. 1687 CHANGYANG ROAD
- **STREET 2:** CHANGYANG VALLEY, BUILDING 2
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 200090
- **BUSINESS PHONE:** (86-21) 8035-9221

**MAIL ADDRESS:**
- **STREET 1:** NO. 1687 CHANGYANG ROAD
- **STREET 2:** CHANGYANG VALLEY, BUILDING 2
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 200090
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tiger Pacific Capital LP
- **CENTRAL INDEX KEY:** 0001664492
- **IRS NUMBER:** 900885967
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 101 PARK AVENUE, 47TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10178
- **BUSINESS PHONE:** (212) 401-4184

**MAIL ADDRESS:**
- **STREET 1:** 101 PARK AVENUE, 47TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10178

**UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)\*

<u>Noah Holdings Ltd</u>

(Name of Issuer)

<u>Ordinary Shares, par value US$0.0005 per share</u>

(Title of Class of Securities)

<u>65487X102\*\* \*\*This CUSIP number applies to the Issuer's American depository shares ("ADS"), one of which represents 0.5 Ordinary Shares, par value US$0.0005 per share (the "Ordinary Shares"). There is no CUSIP number of the Ordinary Shares. The Reporting Persons hold the Issuer's ADS.</u>

(CUSIP Number)

<u>December 31, 2022</u>

(Date of Event which Requires Filing of this Statement)** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[ ] Rule 13d-1(d)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see Instructions).

**CUSIP No.: 65487X102\*\* \*\*This CUSIP number applies to the Issuer's American depository shares ("ADS"), one of which represents 0.5 Ordinary Shares, par value US$0.0005 per share (the "Ordinary Shares"). There is no CUSIP number of the Ordinary Shares. The Reporting Persons hold the Issuer's ADS.**

---

| | | | |
|:---|:---|:---|:---|
| 1 | **NAME OF REPORTING PERSON**<br> Tiger Pacific Master Fund LP<br>**I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)**<br> EIN: 38-3891459 GIIN:JQUD1B.99999.SL.136  | **NAME OF REPORTING PERSON**<br> Tiger Pacific Master Fund LP<br>**I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)**<br> EIN: 38-3891459 GIIN:JQUD1B.99999.SL.136  | **NAME OF REPORTING PERSON**<br> Tiger Pacific Master Fund LP<br>**I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)**<br> EIN: 38-3891459 GIIN:JQUD1B.99999.SL.136  |
| 2 | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**<br> (a) [ ]<br> (b) [X] | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**<br> (a) [ ]<br> (b) [X] | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**<br> (a) [ ]<br> (b) [X] |
| 3 | **SEC USE ONLY** | **SEC USE ONLY** | **SEC USE ONLY** |
| 4 | **CITIZENSHIP OR PLACE OF ORGANIZATION**<br> Cayman Islands | **CITIZENSHIP OR PLACE OF ORGANIZATION**<br> Cayman Islands | **CITIZENSHIP OR PLACE OF ORGANIZATION**<br> Cayman Islands |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 5 | **SOLE VOTING POWER**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 6 | **SHARED VOTING POWER**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7 | **SOLE DISPOSITIVE POWER**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8 | **SHARED DISPOSITIVE POWER**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares |
| 9 | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares |
| 10 | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**<br> [ ] | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**<br> [ ] | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**<br> [ ] |
| 11 | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)**<br> 4.2% (As of 12/31/2022) | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)**<br> 4.2% (As of 12/31/2022) | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)**<br> 4.2% (As of 12/31/2022) |
| 12 | **TYPE OF REPORTING PERSON**<br> PN | **TYPE OF REPORTING PERSON**<br> PN | **TYPE OF REPORTING PERSON**<br> PN |

---

**CUSIP No.: 65487X102\*\* \*\*This CUSIP number applies to the Issuer's American depository shares ("ADS"), one of which represents 0.5 Ordinary Shares, par value US$0.0005 per share (the "Ordinary Shares"). There is no CUSIP number of the Ordinary Shares. The Reporting Persons hold the Issuer's ADS.**

---

| | | | |
|:---|:---|:---|:---|
| 1 | **NAME OF REPORTING PERSON**<br> Tiger Pacific Capital LP<br>**I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)**<br> EIN: 90-0885967 | **NAME OF REPORTING PERSON**<br> Tiger Pacific Capital LP<br>**I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)**<br> EIN: 90-0885967 | **NAME OF REPORTING PERSON**<br> Tiger Pacific Capital LP<br>**I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)**<br> EIN: 90-0885967 |
| 2 | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**<br> (a) [ ]<br> (b) [X] | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**<br> (a) [ ]<br> (b) [X] | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**<br> (a) [ ]<br> (b) [X] |
| 3 | **SEC USE ONLY** | **SEC USE ONLY** | **SEC USE ONLY** |
| 4 | **CITIZENSHIP OR PLACE OF ORGANIZATION**<br> Delaware | **CITIZENSHIP OR PLACE OF ORGANIZATION**<br> Delaware | **CITIZENSHIP OR PLACE OF ORGANIZATION**<br> Delaware |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 5 | **SOLE VOTING POWER**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 6 | **SHARED VOTING POWER**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7 | **SOLE DISPOSITIVE POWER**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8 | **SHARED DISPOSITIVE POWER**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares |
| 9 | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares |
| 10 | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**<br> [ ] | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**<br> [ ] | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**<br> [ ] |
| 11 | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)**<br> 4.2% (As of 12/31/2022) | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)**<br> 4.2% (As of 12/31/2022) | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)**<br> 4.2% (As of 12/31/2022) |
| 12 | **TYPE OF REPORTING PERSON**<br> IA | **TYPE OF REPORTING PERSON**<br> IA | **TYPE OF REPORTING PERSON**<br> IA |

---

**CUSIP No.: 65487X102\*\* \*\*This CUSIP number applies to the Issuer's American depository shares ("ADS"), one of which represents 0.5 Ordinary Shares, par value US$0.0005 per share (the "Ordinary Shares"). There is no CUSIP number of the Ordinary Shares. The Reporting Persons hold the Issuer's ADS.**

---

| | | | |
|:---|:---|:---|:---|
| 1 | **NAME OF REPORTING PERSON**<br> Run Ye<br>**I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)** | **NAME OF REPORTING PERSON**<br> Run Ye<br>**I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)** | **NAME OF REPORTING PERSON**<br> Run Ye<br>**I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)** |
| 2 | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**<br> (a) [ ]<br> (b) [X] | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**<br> (a) [ ]<br> (b) [X] | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**<br> (a) [ ]<br> (b) [X] |
| 3 | **SEC USE ONLY** | **SEC USE ONLY** | **SEC USE ONLY** |
| 4 | **CITIZENSHIP OR PLACE OF ORGANIZATION**<br> United States | **CITIZENSHIP OR PLACE OF ORGANIZATION**<br> United States | **CITIZENSHIP OR PLACE OF ORGANIZATION**<br> United States |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 5 | **SOLE VOTING POWER**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 6 | **SHARED VOTING POWER**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7 | **SOLE DISPOSITIVE POWER**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8 | **SHARED DISPOSITIVE POWER**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares |
| 9 | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**<br> 2,813,763 American Depositary Shares which represents 1,406,882 Ordinary Shares |
| 10 | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**<br> [ ] | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**<br> [ ] | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**<br> [ ] |
| 11 | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)**<br> 4.2% (As of 12/31/2022) | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)**<br> 4.2% (As of 12/31/2022) | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)**<br> 4.2% (As of 12/31/2022) |
| 12 | **TYPE OF REPORTING PERSON**<br> IN | **TYPE OF REPORTING PERSON**<br> IN | **TYPE OF REPORTING PERSON**<br> IN |

---

**CUSIP No.: 65487X102\*\* \*\*This CUSIP number applies to the Issuer's American depository shares ("ADS"), one of which represents 0.5 Ordinary Shares, par value US$0.0005 per share (the "Ordinary Shares"). There is no CUSIP number of the Ordinary Shares. The Reporting Persons hold the Issuer's ADS.**

---

| | | |
|:---|:---|:---|
| **ITEM 1(a).** | **NAME OF ISSUER:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Noah Holdings Ltd  | **NAME OF ISSUER:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Noah Holdings Ltd  |
| **ITEM 1(b).** | **ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Building 2, Changyang Valley, 1687 Changyang Rd.,<br>Yangpu District, Shanghai, China 200090  | **ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Building 2, Changyang Valley, 1687 Changyang Rd.,<br>Yangpu District, Shanghai, China 200090  |
| **ITEM 2(a).** | **NAME OF PERSON FILING:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tiger Pacific Master Fund LP<br>Tiger Pacific Capital LP<br>Run Ye  | **NAME OF PERSON FILING:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tiger Pacific Master Fund LP<br>Tiger Pacific Capital LP<br>Run Ye  |
| **ITEM 2(b).** | **ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tiger Pacific Master Fund LP c/o Walkers Corporate Limited<br>190 Elgin Avenue, George Town<br>Grand Cayman KY1-9008, Cayman Islands<br>Tiger Pacific Capital LP<br>101 Park Av., 47th Fl. New York, NY 10178<br>Run Ye Tiger Pacific Capital LP<br>101 Park Av., 47th Fl. New York, NY 10178  | **ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tiger Pacific Master Fund LP c/o Walkers Corporate Limited<br>190 Elgin Avenue, George Town<br>Grand Cayman KY1-9008, Cayman Islands<br>Tiger Pacific Capital LP<br>101 Park Av., 47th Fl. New York, NY 10178<br>Run Ye Tiger Pacific Capital LP<br>101 Park Av., 47th Fl. New York, NY 10178  |
| **ITEM 2(c).** | **CITIZENSHIP:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tiger Pacific Master Fund L.P.: Cayman Islands<br>Tiger Pacific Capital L.P.: Delaware<br>Run Ye: United States | **CITIZENSHIP:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tiger Pacific Master Fund L.P.: Cayman Islands<br>Tiger Pacific Capital L.P.: Delaware<br>Run Ye: United States |
| **ITEM 2(d).** | **TITLE OF CLASS OF SECURITIES:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ordinary Shares, par value US$0.0005 per share  | **TITLE OF CLASS OF SECURITIES:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ordinary Shares, par value US$0.0005 per share  |
| **ITEM 2(e).** | **CUSIP NUMBER:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65487X102\*\* \*\*This CUSIP number applies to the Issuer's American depository shares ("ADS"), one of which represents 0.5 Ordinary Shares, par value US$0.0005 per share (the "Ordinary Shares"). There is no CUSIP number of the Ordinary Shares. The Reporting Persons hold the Issuer's ADS.  | **CUSIP NUMBER:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65487X102\*\* \*\*This CUSIP number applies to the Issuer's American depository shares ("ADS"), one of which represents 0.5 Ordinary Shares, par value US$0.0005 per share (the "Ordinary Shares"). There is no CUSIP number of the Ordinary Shares. The Reporting Persons hold the Issuer's ADS.  |
| **ITEM 3.** | **IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS A:** | **IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS A:** |
| **ITEM 3.** | (a) [ ] | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c); |
| **ITEM 3.** | (b) [ ] | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); |
| **ITEM 3.** | (c) [ ] | Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); |
| **ITEM 3.** | (d) [ ] | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); |
| **ITEM 3.** | (e) [ ] | An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); |
| **ITEM 3.** | (f) [ ] | An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); |
| **ITEM 3.** | (g) [ ] | A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); |
| **ITEM 3.** | (h) [ ] | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
| **ITEM 3.** | (i) [ ] | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
| **ITEM 3.** | (j) [ ] | A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); |
| **ITEM 3.** | (k) [ ] | Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution:  |
| **ITEM 3.** |  |  |
| **ITEM 4.** | **OWNERSHIP** | **OWNERSHIP** |
| **ITEM 4.** | The information required by Items 4(a) - (c) is set forth in Rows 5-11 of the cover pages hereto and is incorporated herein by reference. | The information required by Items 4(a) - (c) is set forth in Rows 5-11 of the cover pages hereto and is incorporated herein by reference. |
| **ITEM 4.** | **(a) Amount beneficially owned:** | **(a) Amount beneficially owned:** |
| **ITEM 4.** |  |  |
| **ITEM 4.** | **(b) Percent of class:** | **(b) Percent of class:** |
| **ITEM 4.** |  |  |
| **ITEM 4.** | **(c) Number of shares as to which the person has:** | **(c) Number of shares as to which the person has:** |
| **ITEM 4.** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) sole power to vote or to direct the vote: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) sole power to vote or to direct the vote: |
| **ITEM 4.** |  |  |
| **ITEM 4.** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) shared power to vote or to direct the vote: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) shared power to vote or to direct the vote: |
| **ITEM 4.** |  |  |
| **ITEM 4.** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) sole power to dispose or direct the disposition of: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) sole power to dispose or direct the disposition of: |
| **ITEM 4.** |  |  |
| **ITEM 4.** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) shared power to dispose or to direct the disposition of: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) shared power to dispose or to direct the disposition of: |
| **ITEM 4.** |  |  |
| **ITEM 5.** | **OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].  | **OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].  |
| **ITEM 6.** | **OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not applicable  | **OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not applicable  |
| **ITEM 7.** | **IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not applicable  | **IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not applicable  |
| **ITEM 8.** | **IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not applicable  | **IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not applicable  |
| **ITEM 9.** | **NOTICE OF DISSOLUTION OF GROUP:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not applicable  | **NOTICE OF DISSOLUTION OF GROUP:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not applicable  |
| **ITEM 10.** | **CERTIFICATION:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.  | **CERTIFICATION:** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.  |

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**CUSIP No.: 65487X102\*\* \*\*This CUSIP number applies to the Issuer's American depository shares ("ADS"), one of which represents 0.5 Ordinary Shares, par value US$0.0005 per share (the "Ordinary Shares"). There is no CUSIP number of the Ordinary Shares. The Reporting Persons hold the Issuer's ADS.**

#### SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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| | |
|:---|:---|
| February 07 2023 | Tiger Pacific Master Fund LP<br> By: /s/ Run Ye <br> Name: Run Ye <br> Title: Manager of Tiger Pacific Partners LLC (General Partner)  |

---

---

| | |
|:---|:---|
| February 07 2023 | Tiger Pacific Capital LP<br> By: /s/ Run Ye <br> Name: Run Ye <br> Title: Manager of Tiger Pacific Capital LP (Investment Adviser)  |

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Attention — Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).

**CUSIP No.: 65487X102\*\* \*\*This CUSIP number applies to the Issuer's American depository shares ("ADS"), one of which represents 0.5 Ordinary Shares, par value US$0.0005 per share (the "Ordinary Shares"). There is no CUSIP number of the Ordinary Shares. The Reporting Persons hold the Issuer's ADS.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EXHIBIT A<br>AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G<br>This agreement is made pursuant to Rule 13d-l(k)(1) under the Securities and Exchange Act of 1934, as amended (the "Act") by and among the parties listed below, each referred to herein as a "Joint Filer." The Joint Filers agree that a statement of beneficial ownership as required by sections 13(g) or 13(d) of the Act and the Rules thereunder may be filed on each of their behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1.<br>Dated: February 7, 2023<br>Tiger Pacific Master Fund LP<br>By: /s/ Run Ye <br>Name: Run Ye<br>Title: Manager of Tiger Pacific Partners LLC (General Partner)<br>Tiger Pacific Capital LP<br>By: /s/ Run Ye <br>Name: Run Ye<br>Title: Manager of Tiger Pacific Capital LP (Investment Adviser)<br>