Lufax Holding (HKG:6623) has agreed to raise the 2025 annual caps on service transactions with Ping An Consumer Finance under their existing collaboration agreement, according to a Friday filing with the Hong Kong bourse.

Under the revised terms, the cap for general services fees was increased from 1.18 billion yuan to 1.84 billion yuan, while the cap on guarantee service fees rose from 749.3 million yuan to 1.15 billion yuan.

The cap for the maximum monthly average loan principal covered by guarantees was lifted to 18.16 billion yuan, up from 14.97 billion yuan.

Lufax said the changes reflect first-half transaction growth and anticipated expansion driven by policy support for consumer finance in China.

The proposal requires approval from independent shareholders at an extraordinary general meeting scheduled for September 30.