Lufax Holdings Limited ('the Company') announced the unaudited interim results for the six months ended June 30, 2024. During the period, the Company and its subsidiaries and consolidated entities had a loan balance of RMB 235.2 billion, a decrease of 44.8% compared to the same period last year; the balance of consumer finance loans increased by 27.9% to RMB 42 billion. The total new loan scale decreased to RMB 93.3 billion, with new consumer finance loans reaching RMB 42.4 billion. The balance risk-bearing ratio increased to 56.7%. Total revenue decreased to RMB 12,940 million, with a net loss of RMB 1,560 million. Net assets were RMB 82,676 million, including bank deposits of RMB 37,114 million. The Company's sound capital position provides a solid foundation for navigating the economic cycle. In addition...Show More

Lufax Holdings Limited ('the Company') announced the unaudited interim results for the six months ended June 30, 2024. During the period, the Company and its subsidiaries and consolidated entities had a loan balance of RMB 235.2 billion, a decrease of 44.8% compared to the same period last year; the balance of consumer finance loans increased by 27.9% to RMB 42 billion. The total new loan scale decreased to RMB 93.3 billion, with new consumer finance loans reaching RMB 42.4 billion. The balance risk-bearing ratio increased to 56.7%. Total revenue decreased to RMB 12,940 million, with a net loss of RMB 1,560 million. Net assets were RMB 82,676 million, including bank deposits of RMB 37,114 million. The Company's sound capital position provides a solid foundation for navigating the economic cycle. In addition, on April 2, 2024, the Company completed the acquisition of Jingyi Tong Co., Ltd., a company that is the indirect holding company of a virtual bank, turning the virtual bank into a wholly-owned subsidiary of the Company. The Board of Directors of the Company does not recommend the distribution of interim dividends for the six months ended June 30, 2024.