Lufax Holding Ltd

About Us

Company Profile

Mission & Positioning

Management Team

Development History

Honors

Partners

Corporate Culture

About Ping An

Company Profile

Lufax Holding is a leading financial service empowering institution for small and micro businesses in China, and a subsidiary of Ping An Group Group.We providing individual entrepreneurs with easy access to inclusive products and services, empowers institutional partners, implements inclusive finance, and supports the real economy.

We offer tailor-made financing products to SBOs and other high-quality borrowers to address their large unmet needs. In doing so, we have established relationships with over 85 financial institutions in China, many of which have worked with us for over three years.

Through our unique offline-to-online model supported by an extensive nationwide direct sales network. Our total balance of retail credit enabled reached RMB213.1 billion as of September 30, 2024. We ranked second among non-traditional financial service providers for SBOs in China in terms of total inclusive SMB loans enabled as of June 30, 2022.

Mission & Positioning

Our mission is to foster small business competitiveness and sustainability by providing individual entrepreneurs with easy access to inclusive products and services and empowering institutional partners to reach and serve SBOs efficiently.

Management Team

Yong Suk Cho

Executive Director and Chief Executive Officer

Dongqi Chen

General Manager

Youn Jeong Lim

Chief Risk Officer

Jinliang Mao

Chief Technology Officer

Xi Tongzhuan

Executive Director and Chief Financial Officer

Development History

Now				2016				2011

2024

July

Ranked in the Fortune 500 list for 2024

June

MSCI upgraded Lufax Holding's ESG rating to A

Mar

Included in FTSE Global Equity Index

Mar

The SBO financing service brand renamed as “Ping An Danbao”

2023

July

Fortune China TOP500, 2023

Apr

Lufax Holding Listing on HKEX, stock code "06623"

Jan

For 7 consecutive years, KPMG has been selected as the leading fintech company in China TOP50

2022

Aug

Included in the Forbes China 2022 ESG 50 List

May

Launched the integrated smart financing product "Luzhangfang"

Feb

Included in the MSCI China All Shares Index

2021

Dec

Fully upgraded the "Janus" risk decision engine

Sept

Released the first ESG report

Sept

Added to two FTSE ESG Indexes

Jun

Launched the AI-powered smart loan solution “Xingyun”

May

Included in the Forbes Global 2000 List

2020

Oct

Lufax Holding listed on NYSE, under the symbol ‘LU’.

Aug

The "LU HK" App officially launched to serve Hong Kong investors.

Jun

Lu International (Hong Kong) Limited obtained Types 1, 4 and 9 licenses from the Hong Kong SFC.

May

Lufax’s two Apps among first batch of mobile financial client application filings.

Apr

Lufax received a US $1.29 billion syndicated credit loan.

2019

Nov

Lufax was awarded with total five blockchain service plans by the Cyberspace Administration of China.

Aug

Lufax showcased its AI technologies at the World Artificial Intelligence Conference (WAIC).

Aug

Lufax passed CMMI Level 3 appraisal.

Jul

Lufax launched KYI (Know-Your-Intention) prediction model system.

Mar

Lufax Holding Ltd completed C-round financing.

2018

Oct

Lufax officially released KYC 4.0, improving accuracy of suitability management.

Sept

Ping An Puhui realized 100% online processes for unsecured loan business, introducing technologies such as facial recognition and micro facial expression analysis to enhance customer experience.

Mar

Ping An Puhui upgraded secured loan products, committing itself to serving small business owners and self-employers to facilitate the development of the real economy.

2017

Sept

Ping An Puhui initiated cooperation with non-Ping An insurer to further expand credit enhancement capability.

May

The State Administration of Foreign Exchange approved the request from Shenzhen Branch to start QEX's pilot business.

Jan

Lu International (Singapore) Financial Asset Exchange Pte. Ltd. was incorporated in Singapore.

2016

Sept

KYC 2.0 established as a leading risk control system which included Know Your Customer (KYC) and Know Your Products (KYP).

May

Completed the acquisition of retail credit facilitation business.

May

Lufax Holding Ltd completed the acquisition of Shenzhen Qianhai Financial Assets Exchange (QEX).

Mar

Lufax Holding Ltd completed the acquisition of Chongqing Financial Assets Exchange (CQFAE).

Jan

Lufax Holding Ltd completed the USD1.216 billion Series B financing.

2015

Sept

Lufax Holding Ltd completed brand upgrade, and launched LU.com.

Mar

Lufax Holding Ltd transformed into platform business and complete the USD485 million Series A financing.

2014

Dec

Lufax Holding Ltd was incorporated in the Cayman Islands.

2013

Aug

The People’s Bank of China led the Research Group of Development and Regulatory of Internet Finance on a visit to Shanghai Lufax. The visit affirmed its business model and risk management capabilities.

2012

Mar

Lufax.com, an online investment and lending platform was launched, and launched its first personal innovative investment and financing service.

2011

Sept

Ping An Insurance Group set up Shanghai Lujiazui International Financial Asset Exchange Co., Ltd. ("Shanghai Lufax") as its wealth management subsidiary.

Honors

2024: MSCI ESG Rating A

2024: Ranked in the Fortune 500 list for 2024

2023: Fortune "China TOP500"

2023: The Asset "Best Digital Collaboration"

2023: "Gold Medal List of Chinese Financial Institutions" The Best Technology-Enabling Fintech Company

2022: The Forbes "2022 ESG top 50"

2022: Xinhua Credit Jinlan Cup Social Responsibility Practice Pioneer Case

2022: "Excellent Social Responsibility Project of China Financial Year" by Jinnuo Award

2022: The "Janus" risk decision engine received the "Sustainable Development" Species Award by the Harvard Business Review

2022: Won the "Best Inclusive Finance Project in China" and the "Annual Green Sustainable Management Platform" by The Asian Banker

2016-2021: Shortlisted in the KPMG China Leading Fintech 50 List

2021: Selected as one of the "Top 50 Online New Economy (Shanghai)" by the Shanghai United Media Group’s Jiemian News

2021: Became one of the first enterprise members of the Digital Finance Innovation Alliance

2020: Winner of Diamond Award for AI, Platinum Award for Blockchain-based Transformation and Platinum Award for Cybersecurity from the Institute of Financial Technologists of Asia (IFTA)

2020: Ranked No.19 on WPP BrandZ™ Top 100 Most Valuable Chinese Brands list

2020: Shortlisted in the China's Fintech Pioneer List of Securities Times

2020: The Asset China Fintech Company of the Year

2019: Ranked No. 26 on the WPP Top 100 Most Valuable Chinese Brands list, with a brand value of USD6.89 billion

2019: Shortlisted in the Outstanding Big Data Security Cases of the Year from National Engineering Laboratories

2019: Shortlisted as a China FinTech Case by Harvard Business School in its FinTech-focused course in 2019

2016-2018: Winner of the Award for Outstanding Economic Contributions to Pudong from the People's Government of Shanghai Pudong New Area

2018: Winner of the Outstanding Achievement Award for Financial Big Data Innovation and Application of the Specialized Committee on Fintech of the Payment and Clearing Association of China

2017: Received RMB7 million special fund support from the Special Development Fund for Shanghai Zhangjiang National Independent Innovation Demonstration Zone

2016: Named a Global Growth Company at the World Economic Forum 2016

2015: Winner of the Shanghai Financial Innovation Award from the Shanghai Municipal Government

Partners

Funding Partners

480

Empowering financial institutions such as banks

Corporate Culture

Staff Training

Creation Camp

Team Building

Star Power

Knowledge

Sharing

Staff Union Activities

About Ping An

Founded in 1988 in Shenzhen as the first joint-stock insurance company in China, Ping An Insurance (Group) Company of China, Ltd. (“Ping An”or the “Group”) strives to become a world-leading integrated financial, health and senior care services provider. With nearly 232 million retail customer,Ping An is one of the largest financial services companies in the world. Under the technology-driven “integrated finance+health and senior care”strategy, Ping An provides professional “financial advisory, family doctor, and senior care concierge” services. Ping An advances intelligent digital transformation and employs technologies to improve the quality and efficiency of its financial busineddes and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. Ping An raked 29th in the Forbes Global 2000 list in 2024 and 33rd in the Fortune Global 500 list in 2023.