Ping an Securities Group Limited Announces Change of Principal Place of Business in Hong Kong

Ping An Securities Group (Holdings) Limited, formerly Madex International (Holdings) Limited, is an investment holding company principally engaged in the provision of securities dealing and financial services. Along with subsidiaries, the Company operates its business through five segments. The Financial Services segment is involved in the dealing of securities and the provision of financial services including securities brokerage, securities underwriting and placements, asset management and financial advisory services. The Loan Financing segment is involved in provision of loan financing services. The Data Verification Services segment is involved in provision of data verification service. The Insurance Brokerage segment is involved in provision of insurance referral services. The Property Development segment is involved of development of primarily hotel and commercial properties.