Jupai Files Annual Report on Form 20-F for Fiscal Year 2018

SHANGHAI,April 27,2019 -- Jupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP),a leading third-party wealth management service provider focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals in China,today announced that it filed its annual report on Form 20-F for the fiscal year endedDecember 31,2018 with the Securities and Exchange Commission ("SEC") onApril 26,2019. The annual report can be accessed on the Company's investor relations website athttp://jupai.investorroom.comas well as the SEC's website athttp://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements,free of charge,to its shareholders upon request. Requests should be directed to the Company's IR Department atir@jpinvestment.cn.

About Jupai Holdings Limited

Jupai Holdings Limited ("Jupai") (NYSE: JP) is a leading third-party wealth management service provider focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals in China.Jupai's comprehensive and personalized client service and broad range of carefully selected third-party and self-developed products have made it a trusted brand among its clients. Jupai maintains extensive and targeted coverage of China's high-net-worth population.

For more information,please visit http://jupai.investorroom.com.

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