Lufax Holdings Limited (referred to as 'Lufax', NYSE stock code: LU) announced its unaudited financial performance for the three months ended September 30, 2024. During this quarter, the company's total revenue was RMB 5543 million, a decrease of 31.1% compared to the same period last year; the net loss was RMB 725 million, compared to a net profit of RMB 131 million in the same period last year. The loan balance decreased by 41.8%, but consumer finance loan balance increased by 28.7%. The company stated that although the inclusive loan balance decreased, the consumer finance non-performing loan ratio continued to improve, and they maintain a cautious approach to their business strategy. In addition, Lufax's independent financial advisor recommended that the independent board of directors committee advise security holders not to accept the offer or arrangement, believing it to be unfair to shareholders and others. The company's board of directors members include executive directors Mr. Zhao Rongshi and Mr. Ji Kuiseng, among others, and this announcement was released on October 21, 2024.

Lufax Holdings Limited (referred to as 'Lufax', NYSE stock code: LU) announced its unaudited financial performance for the three months ended September 30, 2024. During this quarter, the company's total revenue was RMB 5543 million, a decrease of 31.1% compared to the same period last year; the net loss was RMB 725 million, compared to a net profit of RMB 131 million in the same period last year. The loan balance decreased by 41.8%, but consumer finance loan balance increased by 28.7%. The company stated that although the inclusive loan balance decreased, the consumer finance non-performing loan ratio continued to improve, and they maintain a cautious approach to their business strategy. In addition, Lufax's independent financial advisor recommended that the independent board of directors committee advise security holders not to accept the offer or arrangement, believing it to be unfair to shareholders and others. The company's board of directors members include executive directors Mr. Zhao Rongshi and Mr. Ji Kuiseng, among others, and this announcement was released on October 21, 2024.