Lufax Announces Results of Annual General Meeting

Lufax (NYSE: LU) announced results of its annual general meeting held in Shanghai on June 30, 2026.

Rhea-AI Summary

Lufax (NYSE: LU) announced results of its annual general meeting held in Shanghai on June 30, 2026. Shareholders adopted the audited consolidated financial statements for years ended December 31, 2024 and 2025, including the related directors’ and auditors’ reports.

They also re-elected ten directors across executive, non-executive and independent roles, authorized the board to set director remuneration, and re-appointed Ernst & Young and Ernst & Young Hua Ming LLP as auditors until the next AGM, with the board authorized to fix their 2026 remuneration.

Argus Jun 30 session

-1.49% close to close Open Argus

Details

News Market Reaction – LU

In the Jun 30 session, LU declined 1.49%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement confirms shareholder approval of 2024 and 2025 audited accounts, board re-election...

Analysis

This announcement confirms shareholder approval of 2024 and 2025 audited accounts, board re-elections, and auditor reappointment. It follows prior governance and compliance updates; key risks remain China regulatory exposure and execution of its small-business financial services strategy.

Key Figures

AGM date: June 30, 2026 Fiscal year-end: December 31, 2024 Fiscal year-end: December 31, 2025 +1 more

AGM date

June 30, 2026

Date of annual general meeting held in Shanghai

Fiscal year-end

December 31, 2024

Year-end for one set of audited consolidated financial statements adopted at AGM

Fiscal year-end

December 31, 2025

Year-end for another set of audited consolidated financial statements adopted at AGM

Auditor term

Year ending December 31, 2026

Re-appointment period for Ernst & Young and Ernst & Young Hua Ming LLP

Historical Context

5 past events · Latest: May 06

5 events

1. May 06

   Listing compliance update

   24h Move

   -3.5%

   Regained NYSE continued listing compliance after catching up on SEC filings.

2. Apr 30

   Annual report filing

   24h Move

   +2.7%

   Filed Form 20-F for 2025 and made audited financials available to investors.

3. Apr 27

   Management hire

   24h Move

   -1.0%

   Appointed a new Chief Compliance Officer with extensive regulatory experience.

4. Apr 27

   AGM announcement

   24h Move

   -1.0%

   Set June 30, 2026 as the date and record date for the AGM.

5. Apr 13

   Board changes

   24h Move

   +1.1%

   Refreshed board and committees with new independent non-executive directors.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

audited consolidated financial statements, independent non-executive Director, remuneration

3 terms

audited consolidated financial statements financial

"To receive and adopt the audited consolidated financial statements of the Company"

A set of financial reports that combine a parent company and all its subsidiaries into one overall picture, examined and verified by an independent auditor. Think of it as a household budget that merges every family member’s accounts and is then checked by a neutral accountant; it gives investors a single, trustworthy view of the group’s assets, debts, income and cash flow. That independent check matters because it reduces the chance of hidden problems and helps investors compare companies on a level playing field.

independent non-executive Director financial

"To re-elect Mr. Dicky Peter YIP as an independent non-executive Director"

An independent non-executive director is a board member who is not part of a company’s day-to-day management and has no close ties to major owners, so they can offer unbiased oversight of strategy, risks, and executive pay. For investors, they act like an impartial referee who helps prevent conflicts of interest, improve transparency and hold management accountable, which can reduce governance risk and protect shareholder value.

remuneration financial

"To authorise the board of Directors (the "Board") to fix the remuneration of the Directors"

Remuneration is the total pay and benefits given to a company's employees, executives and board members, including salaries, bonuses, stock awards, pension contributions and other perks. Investors watch remuneration because it affects a company’s costs and the behavior of decision‑makers—generous or poorly structured pay can encourage risk-taking or dilute shareholders, while well-aligned packages can motivate management to grow value, much like a performance bonus that steers behavior toward a desired goal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SHANGHAI, June 30, 2026 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced the results of its annual general meeting of shareholders held in Shanghai on Jun 30, 2026.

At the meeting, the shareholders of Lufax approved, ratified and/or confirmed the following resolutions:

1. To receive and adopt the audited consolidated financial statements of the Company for the year ended December 31, 2024 and the reports of the directors ("Directors", each a "Director") of the Company and auditors of the Company ("Auditors") thereon.
   
   
2. To receive and adopt the audited consolidated financial statements of the Company for the year ended December 31, 2025 and the reports of the Directors and Auditors thereon.
   
   
3. (a) To re-elect Mr. Xiang JI as an executive Director;
   (b) To re-elect Mr. Tongzhuan XI as an executive Director;
   (c) To re-elect Ms. Fangfang CAI as a non-executive Director;
   (d) To re-elect Mr. Shibang GUO as a non-executive Director;
   (e) To re-elect Mr. Peifeng LI as a non-executive Director;
   (f) To re-elect Mr. Dicky Peter YIP as an independent non-executive Director;
   (g) To re-elect Ms. Wai Ping Tina LEE as an independent non-executive Director;
   (h) To re-elect Mr. Koon Wing Ernest IP as an independent non-executive Director;
   (i) To re-elect Mr. Siu Hong CHENG as an independent non-executive Director; and
   (j) To authorise the board of Directors (the "Board") to fix the remuneration of the Directors.
   
   
4. To re-appoint Ernst & Young and Ernst & Young Hua Ming LLP as Auditors to hold office until the conclusion of the next annual general meeting of the Company and to authorise the Board to fix their remuneration for the year ending December 31, 2026.

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 85 financial institutions in China as funding partners, many of which have worked with the Company for over three years.

Investor Relations Contact
Lufax Holding Ltd
Email: Investor_Relations@lu.com
ICR, LLC
Robin Yang
Tel: +1 (646) 308-0546
Email: lufax.ir@icrinc.com

View original content:https://www.prnewswire.com/news-releases/lufax-announces-results-of-annual-general-meeting-302814340.html

SOURCE Lufax Holding Ltd

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Lufax (NYSE: LU) announce from its June 30, 2026 annual general meeting?

Lufax reported that shareholders approved all proposed resolutions at the June 30, 2026 AGM. According to Lufax, these included adopting audited 2024 and 2025 financial statements, re-electing directors, and re-appointing Ernst & Young entities as auditors for the coming year.

Which financial statements did Lufax shareholders approve at the 2026 AGM for LU stock?

Shareholders adopted Lufax’s audited consolidated financial statements for 2024 and 2025 at the 2026 AGM. According to Lufax, the approvals covered the financials for years ended December 31, 2024 and December 31, 2025, plus related directors’ and auditors’ reports.

Which directors were re-elected at the Lufax (LU) annual general meeting on June 30, 2026?

Shareholders re-elected ten directors, including executive, non-executive and independent members. According to Lufax, these include Mr. Xiang Ji and Mr. Tongzhuan Xi as executive directors, and multiple non-executive and independent non-executive directors, with board authority to set their remuneration.

Who was appointed as auditor of Lufax for the year ending December 31, 2026?

Ernst & Young and Ernst & Young Hua Ming LLP were re-appointed as Lufax auditors. According to Lufax, they will serve until the next annual general meeting, with the board authorized to determine their remuneration for the 2026 financial year.

How did the Lufax 2026 AGM impact director remuneration decisions for LU shareholders?

Shareholders authorized the Lufax board to fix directors’ remuneration at the 2026 AGM. According to Lufax, this authorization follows the re-election of ten directors and gives the board flexibility to determine compensation levels for the renewed term.

When and where was the Lufax (NYSE: LU) 2026 annual general meeting held?

The Lufax annual general meeting took place in Shanghai on June 30, 2026. According to Lufax, shareholders there approved the audited 2024 and 2025 financial statements, re-elected directors, and re-appointed Ernst & Young entities as auditors through the next AGM.