Lufax Holding Ltd

About Us

Company Profile

Mission & Positioning

Member Companies

Management Team

Development History

Honors

Partners

Corporate Culture

About Ping An

Company Profile

Lufax Holding Ltd is a leading technology-empowered personal financial services platform in China and an associate company of Ping An Insurance (Group) Company of China, Ltd. It operates in multiple businesses, including wealth management, and retail credit facilitation.

Operating through 'Hub and Spoke' business model, Lufax Holding Ltd combines its financial DNA and advanced technology, integrates online and offline resources, and leverages on technology solutions to improve wealth management experience, foster financial inclusion, supports real economy, and helps financial institutions become more digitized.

In wealth management, Lufax Holding Ltd is dedicated to providing diverse and customized products and services for the middle class and affluent population. As of September 30, 2021, Lufax Holding Ltd had 48.7 million registered users, and offered various products and tailor-made financial services to 15.3 million active investors; total client assets generated through its online wealth management platform reached RMB425.1 billion.

In retail credit facilitation, as a leading technology-empowered retail credit facilitation services platform in China, Lufax Holding Ltd has access to valuable resources in the financial services ecosystem. With 16 years’ experience in retail credit facilitation, Lufax Holding Ltd provided O2O end-to-end lending services from offline consultation to online application to borrowers including small business owners and individuals. As of September 30, 2021, the total balance of loans facilitated reached RMB645.1 billion, and cumulative number of borrowers increased to approximately 16.2 million.

Mission & Positioning

Lufax Holding Ltd is committed to making retail borrowing and wealth management easier, safer and more efficient.

Member Companies

Management Team

Mr. Guangheng Ji

Chairman of the board

Chairman of Lufax Executive Committee

Mr. Gregory Dean Gibb

Co-Chief executive officer

Mr. Yong Suk Cho

Co-Chief executive officer

Mr. James Xigui Zheng

Chief financial officer

Mr. David Siu Kam Choy

Chief financial officer of Puhui

Mr. Jinliang Mao

Chief technology officer

Ms. Yan Zhuang

Chief human resources officer

Development History

Now				2016				2011

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

2016-2020: Shortlisted in KPMG's China Fintech 50 Ranking

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: Shortlisted in The Paper's Top Financial List as the Financial Institution of the Year

2020: 21^st Century Business Herald Golden Shell Award – Outstanding Technology and Financial Services Platform

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: Ping An Puhui ranked in Financial Services 100 of 2019 by www.ce.cn

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

400

Product Providers

Corporate Culture

Staff Training

Creation Camp

Team Building

Star Power

Knowledge

Sharing

Staff Union Activities

About Ping An

Ping An strives to become a world-leading technology-powered retail financial services group.

In 2019, Ping An clearly defined “finance + technology” as its core and main businesses. While ensuring steady growth in its main financial businesses, Ping An increases investments in technology and promotes the “finance + ecosystem” empowerment to transform and upgrade its main businesses. Ping An employs technologies to improve efficiency, enhance risk management, and cut operating costs of its financial businesses. Moreover, Ping An leverages innovative technologies to develop five ecosystems, namely financial services, health care, auto services, real estate services, and smart city services, and to optimize the customer acquisition as well as quality and efficiency of integrated financial services. Ping An adopts an integrated financial business model of “one customer, multiple products, and one-stop services.” Ping An exploits local advantages while adhering to global corporate governance standards. Ping An provides financial products and services for 200 million retail customers and 516 million internet users by empowering financial services with technologies, empowering ecosystems with technologies, and empowering financial services with ecosystems.