On August 19, financial market news reported that LUFAX released its second-quarter 2026 results and interim report for 2026. The financial data shows that LUFAX achieved total revenue of RMB 6.227 billion in the second quarter of 2026, with its net loss narrowing to RMB 82 million; the first-half total revenue reached RMB 12.489 billion.
The company's loan balance stood at RMB 167.3 billion, with new loans in the first half totaling RMB 99.9 billion, of which the second quarter contributed RMB 51.1 billion in new lending. The effectiveness of operational efficiency improvements has become evident, as the quarterly loss narrowed significantly and multiple risk indicators improved on a sequential basis.
The C-M3 migration rate declined to 1.0%, and the non-performing loan ratio for consumer finance improved to 1.3%, with both metrics retreating further compared to the first quarter. The consumer finance business maintained rapid growth, with the consumer finance loan balance reaching RMB 65.4 billion in the first half, up 19.9% year-over-year. Notably, new consumer finance loans increased from RMB 59.3 billion in the first half of 2025 to RMB 66.2 billion in the first half of 2026.
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