 SHANGHAI, China, March 31, 2021 GLOBE NEWSWIRE -- Hywin Holdings Ltd. Hywin or the Company NASDAQ: HYW, the third largest third-party wealth management service provider in China, today announced the closing of its previously announced initial public offering of 3,000,000 American Depositary Shares the ADSs, at US10.00 per ADS. Each ADS represents two Class A ordinary shares of the Company. 