Ping An Consumer Finance, Subsidiary of Lufax Holding Ltd, Continues Expansion in PRC Market

Reuters
Jul 22
<a href="https://laohu8.com/S/000001">Ping An</a> Consumer Finance, Subsidiary of Lufax Holding Ltd, Continues Expansion in PRC Market

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lufax Holding Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-161870), on July 21, 2025, and is solely responsible for the information contained therein.

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