Lb Group Co.Ltd(002601) : the loan business of the company mainly comes from the holding subsidiaries, financial leasing companies and small loan companies

After AI express, investors ask questions on the investor interaction platform: in the notes to the annual report of the company from 19 to 21 years, the loan balances are 278 million, 505 million and 03 million respectively, and the losses are 272 million, 273 million and 272 million respectively. What are the reasons for the continuous large losses for three years? What kind of loan business are you engaged in?

Lb Group Co.Ltd(002601) ( Lb Group Co.Ltd(002601) . SZ) said on the investor interaction platform on April 16 that the provision for loan losses listed in the company’s annual report is the expected credit loss calculated by dividing loans and advances into five levels according to the current situation and the prediction of future economic conditions. The provision for loan losses in 2019, 2020 and 2021 should be: 92 million yuan, 03 million yuan -RMB 09 million. Please refer to the annual report “changes in loss reserves” for details. The company’s loan business mainly comes from holding subsidiaries, financial leasing companies and small loan companies.

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