Lufax Holding Ltd announced a connected transaction involving the proposed extension of the maturity date for Ping An Overseas Holdings Convertible Promissory Notes from October 8, 2026, to October 8, 2027. The company agreed to pay US$29,377,672.86 as consideration for this one-year extension. Concurrently, Lufax will redeem the outstanding principal amount of An Ke Technology Convertible Promissory Notes on the original maturity date. The filing includes an Independent Financial Adviser's opinion and a notice for an Extraordinary General Meeting scheduled for October 8, 2026, to seek shareholder approval. This fintech company operates in the retail credit and consumer finance sector in China.

Lufax Holding Ltd announced a connected transaction to extend the maturity of Ping An Overseas Holdings' convertible promissory notes by one year, from October 8, 2026, to October 8, 2027. The company agreed to pay US$29,377,672.86 as consideration for this extension. Simultaneously, Lufax will redeem the outstanding principal of An Ke Technology's convertible promissory notes on the original maturity date. This transaction allows Lufax to defer a substantial cash outflow of approximately US$508 million and maintain financial flexibility amid economic uncertainty. The filing also sets September 3, 2026, as the record date for an extraordinary general meeting to approve these actions. Lufax Holding Ltd operates in the retail credit and consumer finance industry in China.

Lufax Holding Ltd reported unaudited financial results for the second quarter ended June 30, 2026. Total income decreased 15.5% year-over-year to RMB6,227 million (US$918 million), while net loss narrowed significantly by 86.2% to RMB82 million (US$12 million) from RMB594 million in the prior year period. The company's total outstanding loan balance fell 13.5% to RMB167.3 billion, though new consumer finance loans surged 27.6% to RMB36.9 billion. Asset quality metrics improved sequentially, with the C-M3 flow rate declining to 1.0% and the DPD 30+ delinquency rate dropping to 5.8%. The board determined that no semi-annual dividend would be paid due to the net loss for the first half of 2026. Lufax is a leading financial services enabler for small business owners in China.