On the evening of October 24, Beijing time, Lufax (LU.US) issued an announcement regarding updates on the suspension resumption, changes in the Chief Risk Officer, and its application to the New York Stock Exchange for an extension to submit the 2024 20-F annual report by April 30, 2026. The announcement confirmed the board's decision to appoint Mr. Cheng Jianbo as the new Chief Risk Officer. Mr. Cheng joined Lufax in April 2025 as the Chief Risk Expert and has held key positions at Shenhua Bank, Huaxia Bank, and FICO. He joined JD.com in August 2014, taking on roles such as Risk Director of JD Finance’s Consumer Finance Department, General Manager of the Risk Management Center, and Vice President of JD Group. In 2021, he became the General Manager of Puhua Credit. The former Chief Risk Officer, Ms. Lin Yunzhen, resigned due to the impending expiration of her contract and personal work arrangements. The board expressed gratitude for her significant contributions during her tenure.

Regarding financial report audits, Ernst & Young and Ernst & Young Hua Ming (a special general partnership, "EY") have been advancing the three-year audit work for 2022 to 2024 since their appointment on June 25. The company has been regularly providing EY with updates related to independent investigation results and responses to ongoing supervision. Lufax has applied for an additional extension from the New York Stock Exchange to submit its 2024 20-F annual report by April 30, 2026, and is currently unable to accurately predict the specific timing of the performance release.

Lufax is a major publicly listed company in both New York and Hong Kong, primarily providing financial services to small and micro-enterprises and individuals while empowering institutional partners to promote inclusive finance and support the real economy. Since the suspension of trading until this announcement, the company's business has continued normal operations with stable performance. According to a preliminary assessment as of September 30, 2025, the business performance in the third quarter improved compared to the same period last year, recording growth in several core indicators. The total amount of newly empowered loans reached RMB 56.9 billion, a year-on-year increase of 12.8%, with new consumer finance loans accounting for RMB 31.7 billion, marking a 20.1% increase. The cumulative number of borrowers rose from approximately 24.8 million to around 28.5 million, an increase of 15.3%. The income rate of retail credit empowerment business increased from 9.7% in the same period of 2024 to 13.0%.