Summary by Moomoo AI
On December 31, 2023, Lufax Holding Ltd, a leading Chinese financial services platform, reported a significant change in ownership as detailed in a Schedule 13G amendment filed with the U.S. Securities and Exchange Commission. The filing revealed that Tun Kung Company Limited, Tongjun Investment Company Limited, and Lanbang Investment Company Limited, all based in the British Virgin Islands, have reported substantial holdings in Lufax. Tun Kung Company Limited disclosed a 26.9% ownership stake, representing 308,198,174 ordinary shares, which includes shares held directly, shares represented by ADSs, and shares lent to create liquidity post-listing on the Hong Kong Stock Exchange. Tongjun Investment Company Limited reported a 12.7% stake with 145,469,538 ordinary shares, while Lanbang Investment Company Limited holds a 14.2% stake with 162,728,636 ordinary shares. The percentages are calculated based on the total number of Lufax's outstanding ordinary shares as of the end of 2023, excluding treasury stocks and shares reserved for future issuances under share incentive plans. The report was certified as true and correct by directors of the respective companies on February 9, 2024.