Land control: total loan balance decreased by 15.4% at the end of the first quarter, appointing Wang Xiaodi as Chief Compliance Officer

On the evening of April 27th, Lu Kong released an announcement, disclosing the progress of resumption of trading, a summary of the first quarter operating conditions in 2026, and the appointment of a Chief Compliance Officer, among other matters. The announcement indicated that as of March 31, 2026, the company's total loan balance was 172.5 billion yuan, a decrease of 15.4% compared to the same period in 2025. Among them, the balance of consumer finance loans was 59.4 billion yuan, an increase of 18.5% compared to the same period in 2025. In addition, the announcement revealed that the board of directors had resolved to appoint Wang Xiaodi as the company's Chief Compliance Officer.