Lufax appoints Dr. Yonglin Xie to its Board as Non-Executive Director

– CHINA, Shanghai –  Lufax Holding Ltd (HKEX: 6623 | NYSE: LU), a leading financial services enabler for small business owners in China, today announced the appointment of Dr. Yonglin Xie (Ph.D.) to its Board as a Non-Executive Director effective from August 8, 2023.

The Company also announced the resignation of Guangheng Ji from the Board and the Company on August 8, 2023.

About Yonglin Xie

Mr. Yonglin Xie is currently an executive director, the president and co-CEO of Ping An Insurance (Group) Company of China Ltd., and the chairman of Ping An Bank Co., Ltd. He joined Ping An Insurance in 1994 and has been serving as a director of Ping An Insurance since April 2020. He was the deputy director of Ping An Insurance’s Strategic Development & Reform Center from June 2005 to March 2006. He held positions of the operations director, human resources director, and VP of Ping An Bank from March 2006 to November 2013, and served as the special assistant to the chairman, the president and the CEO, and the chairman of Ping An Securities Co., Ltd. from November 2013 to November 2016 consecutively. He was an SVP of Ping An Insurance from September 2016 to December 2019. Previously, Mr. Xie served as the deputy general manager of sub-branches of Ping An Property & Casualty Insurance Company of China, Ltd., the deputy general manager and then GM of branches of Ping An Life Insurance Company of China, Ltd. (“Ping An Life”), and the general manager of the marketing department of Ping An Life.

Mr. Xie graduated from Nanjing University with a Ph.D. in Corporate Management and a Master of Science degree.

About Lufax

Lufax is a leading financial services enabler for small business owners in China. The Company offers financing products designed principally to address the needs of small business owners. In doing so, the Company has established relationships with over 550 financial institutions in China, many of which have worked with the Company for over three years. These financial institutions provide funding and credit enhancement for the loans the Company enables as well as other products to enrich the small business owner ecosystem that the Company is creating.

For more information: https://www.lufaxholding.com/

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