Santech Holdings Ltd. released its annual financial results for the fiscal year ending June 30, 2024. The company reported a change in its business focus, now concentrating on consumer technology, consumer healthcare, and enterprise technology. This shift follows the termination of its wealth management operations in China, which was finalized on June 28, 2024, by ending its contractual arrangements with VIEs. The results indicated that Santech Holdings offered overseas wealth management and asset management services outside the PRC during the years ending June 30, 2022, 2023, and 2024. However, the specific figures for sales or net income were not disclosed in the provided context. The company also highlighted that its historical results might not be indicative of future performance due to the recent change in business focus. Additionally, net cash used or provided in financing activities was reported as nil for the years ended June 30, 2022, 2023, and 2024. Santech Holdings, a holding company with no material operations of its own, relies on distributions from its Hong Kong subsidiaries to pay dividends. As the company transitions away from its previous operations, there were no reported trends or uncertainties likely to have a material and adverse effect on its future performance for the year ended June 30, 2024.