Ping An Entities Report 44.9% Ownership in Lufax Holding Ltd via Schedule 13D/A Amendment
This Amendment No. 3 to Schedule 13D filed by An Ke Technology Company Limited, China Ping An Insurance Overseas (Holdings) Limited, and Ping An Insurance (Group) Company of China, Ltd. (collectively the "Reporting Persons") discloses their beneficial ownership in Lufax Holding Ltd. The filing reports that An Ke Technology now beneficially owns 967,011,824 ordinary shares, representing 44.9% of Lufax's outstanding shares. This includes 202,117,241 ordinary shares convertible from promissory notes, with the conversion period commencing within 60 days of the filing. The other Ping An entities report ownership of 28.4% and 73.3% respectively, with some overlap in holdings. The filing updates information about convertible promissory notes originally issued in 2015, noting that 50% was redeemed in 2022 and the remaining 50% has a conversion period beginning April 30, 2026 and maturity extended to October 8, 2026. The amendment also includes updated director and officer information for the reporting entities.