LUFAX (06623) has announced a series of changes to its board and executive leadership. Mr. Zhao Rongshi has informed the board that he does not intend to renew his employment contract upon its expiration on March 31, 2026. Consequently, he will step down from his positions as Executive Director and Chief Executive Officer of the company effective the same date.

In separate moves, Mr. Xie Yonglin has resigned as a Non-executive Director, effective February 17, 2026, and Ms. Fu Xin has also resigned as a Non-executive Director, effective February 17, 2026.

The company has appointed Ms. Cai Fangfang as a Non-executive Director, with her term commencing on February 18, 2026. Mr. Li Peifeng has also been appointed as a Non-executive Director, effective from February 18, 2026.

Furthermore, Mr. Ji Xiang has been appointed as an Executive Director and Chief Executive Officer of the company, with his appointment taking effect on April 1, 2026.