Lufax reports continuing connected transaction

Published 05/09/2025, 06:28 PM
Lufax reports continuing connected transaction

SHANGHAI, May 9, 2025 – Lufax Holding Ltd (NYSE:LU), a leading company in the finance services sector, reported a continuing connected transaction under the 2025 Services Purchasing Agreement and announced changes to its board of directors in a Form 6-K filed with the U.S. Securities and Exchange Commission today.

The announcement, detailed in Exhibit 99.1 of the SEC filing, pertains to a transaction under the 2025 Services Purchasing Agreement. While the specifics of the transaction were not disclosed in the provided excerpt, such connected transactions typically involve agreements between a company and its affiliates or related parties.

In addition to the financial transaction, Lufax announced changes to its board of directors. Changes in directorship are significant as they can impact the company’s strategic direction and governance. However, the names and details of the incoming or outgoing directors were not included in the provided 8K data excerpt.

Lufax Holding Ltd, incorporated in the People’s Republic of China, operates out of Pudong New District, Shanghai. The company is registered with the SEC and, as per the filing, submits annual reports under Form 20-F, which is used by non-U.S. domiciled companies to provide financial information equivalent to that required of domestic registrants.

The filing was signed by Tongzhuan Xi, the Chief Financial Officer of Lufax Holding Ltd, indicating the company’s compliance with the requirements of the Securities Exchange Act of 1934.

This report is based on a press release statement and provides an overview of the key developments for Lufax Holding Ltd as reported to the SEC. Investors and stakeholders are advised to review the full SEC filing for comprehensive details of the connected transaction and board changes.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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