Ping An Consumer Finance Co., Ltd., a subsidiary of Lufax Holding Ltd., is principally engaged in the consumer finance business in the People's Republic of China (PRC). Established on April 9, 2020, this limited liability company operates under the ownership structure where Lufax Holding Ltd. indirectly owns 70%, and the remaining 30% is directly owned by Ping An Insurance. As a key player in the PRC's consumer finance sector, Ping An Consumer Finance continues to leverage its strategic partnerships to expand its market footprint and deliver financial products tailored to consumer needs.
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