Tun Kung Company Limited, an affiliate of Lufax Holding Limited, plans to sell 17,690,620 American Depository Shares (ADSs) of Lufax on 12/17/2024. Each ADS represents two Ordinary Shares with a par value of $0.00001 per share. The aggregate market value of the shares to be sold is $45,995,612.The securities originated from a pre-IPO investment made on 12/02/2014, where Tun Kung Company Limited acquired 960,190,000 shares from Lufax Holding Ltd through a cash payment. In the past three months, the company has already sold 173,744,733 Ordinary Shares on 12/05/2024, though no gross proceeds were reported for this transaction.This planned sale represents a significant divestment by a major pre-IPO investor, potentially impacting Lufax's stock price and investor sentiment. The transaction's timing and volume suggest a strategic move by the affiliate, possibly in response to market conditions or internal financial strategies.

Tun Kung Company Limited, an affiliate of Lufax Holding Limited, plans to sell 17,690,620 American Depository Shares (ADSs) of Lufax on 12/17/2024. Each ADS represents two Ordinary Shares with a par value of $0.00001 per share. The aggregate market value of the shares to be sold is $45,995,612.The securities originated from a pre-IPO investment made on 12/02/2014, where Tun Kung Company Limited acquired 960,190,000 shares from Lufax Holding Ltd through a cash payment. In the past three months, the company has already sold 173,744,733 Ordinary Shares on 12/05/2024, though no gross proceeds were reported for this transaction.This planned sale represents a significant divestment by a major pre-IPO investor, potentially impacting Lufax's stock price and investor sentiment. The transaction's timing and volume suggest a strategic move by the affiliate, possibly in response to market conditions or internal financial strategies.