SHANGHAI, Aug. 8, 2023
/PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company")
(NYSE: LU and HKEX: 6623), a leading financial services enabler for
small business owners in China,
today announced that Mr. Guangheng Ji has tendered his
resignation as a non-executive director and
other relevant positions of the Company, due to change of his
personal work arrangements. Mr. Ji's resignation took effect
from August 8, 2023. The board of directors of the Company has
appointed Mr. Yonglin Xie as a
non-executive director of the Company with effect from August 8, 2023.
The Company would like to take this opportunity to express
its appreciation to Mr. Ji for his significant contribution to
the Company during his tenure of office.
Mr. Xie, aged 54, is currently an executive director, the
president and co-CEO of Ping An Insurance (Group) Company of China
Ltd. (a company whose shares are dually listed on the Shanghai
Stock Exchange (stock code: 601318) and the Stock Exchange (stock
code: 2318) and one of the controlling shareholders of the
Company) ("Ping An Insurance") and the chairman of Ping
An Bank Co., Ltd. (a company whose shares are listed on the
Shenzhen Stock Exchange (stock code:
000001)) ("Ping An
Bank"). Mr. Xie joined Ping An Insurance in 1994
and has been serving as a director of Ping An Insurance since
April 2020. He was the deputy
director of Ping An Insurance's Strategic Development &
Reform Center from June 2005 to
March 2006. He held positions of
the operations director, the human resources director, and a vice
president of Ping An Bank from March
2006 to November 2013, and
served as the special assistant to the chairman, the president
and the CEO, and the chairman of Ping An Securities Co., Ltd. from
November 2013 to November 2016
consecutively. He was a senior vice president of Ping An Insurance
from September 2016 to December
2019. Previously, Mr. Xie served as the deputy general
manager of sub-branches of Ping An Property & Casualty
Insurance Company of China, Ltd.,
the deputy general manager and then the general manager of
branches of Ping An Life Insurance Company of China, Ltd. ("Ping An Life"), and the
general manager of the marketing department of Ping An Life. Mr. Xie graduated from
Nanjing University with a Ph.D. in
Corporate Management and a Master of Science degree.
About Lufax
Lufax is a leading financial services enabler for small business
owners in China. The Company
offers financing products designed principally to address the needs
of small business owners. In doing so, the Company has established
relationships with over 550 financial institutions in China, many of which have worked with the
Company for over three years. These financial institutions provide
funding and credit enhancement for the loans the Company enables as
well as other products to enrich the small business owner ecosystem
that the Company is creating.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the
United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "estimates" and similar statements. Statements
that are not historical facts, including statements about Lufax's
beliefs and expectations, are forward-looking statements. Lufax has
based these forward-looking statements largely on its current
expectations and projections about future events and financial
trends, which involve known or unknown risks, uncertainties and
other factors, all of which are difficult to predict and many of
which are beyond the Company's control. These forward-looking
statements include, but are not limited to, statements about
Lufax's goals and strategies; Lufax's future business development,
financial condition and results of operations; expected changes in
Lufax's income, expenses or expenditures; expected growth of the
retail credit enablement; Lufax's expectations regarding demand
for, and market acceptance of, its services; Lufax's expectations
regarding its relationship with borrowers, platform investors,
funding sources, product providers and other business partners;
general economic and business conditions; and government policies
and regulations relating to the industry Lufax operates in.
Forward-looking statements involve inherent risks and
uncertainties. Further information regarding these and other risks
is included in Lufax's filings with the U.S. Securities and
Exchange Commission. All information provided in this press release
is as of the date of this press release, and Lufax does not
undertake any obligation to update any forward-looking statement,
except as required under applicable law.
Investor Relations Contact
Lufax Holding Ltd
Email: Investor_Relations@lu.com
ICR, LLC
Robin Yang
Tel: +1 (646) 308-0546
Email: lufax.ir@icrinc.com
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SOURCE Lufax Holding Ltd