Lufax Holding Ltd. announced that it has renewed its services purchasing agreement with Ping An Insurance, entering into a new agreement dated February 13, 2026, referred to as the 2026 Services Purchasing Agreement. The agreement constitutes a continuing connected transaction under Chapter 14A of the Hong Kong Listing Rules, with the highest applicable percentage ratio for the annual cap exceeding 0.1% but remaining below 5%. As a result, the transaction is subject to reporting, announcement, and annual review requirements, but does not require independent shareholders' approval. Certain directors, who are also executives at Ping An Insurance, abstained from voting on the relevant board resolution due to potential material interests in the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lufax Holding Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260213-12025128), on February 13, 2026, and is solely responsible for the information contained therein.
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