Shenzhen, China, October 21, 2026 (GLOBE NEWSWIRE) — AIFU Inc. (Nasdaq: AIFU) (hereinafter referred to as “AIFU” or the “Company”), a leading AI-driven independent financial services platform in China, today announced that it has entered into a transaction agreement with Sunrise Capital Partners Ltd., Ballet Holding Ltd., Timber Management Limited, and Modern Holding Ltd. (collectively, the “Sellers”) to acquire 100% of the equity interest in Waltz Investment Holding Ltd. (the “Target Company”). The Target Company indirectly holds 99% of the equity interest in Shenzhen Waltz New Materials Application Technology Co., Ltd. (hereinafter referred to as “Shenzhen Waltz”) (the “Transaction”). The valuation of the Target Company under this Transaction is approximately $44.61 million, equivalent to approximately RMB 300 million.
Pursuant to the transaction agreement, the total consideration for this transaction will consist of: (i) AIFU issuing 11,203,443 shares of Class A common stock (the “Consideration Shares”) at a price of $3.00 per share, resulting in an aggregate stock consideration of approximately $33.61 million; and (ii) $11 million in cash.
The transaction is expected to be completed by the end of November 2026, subject to the fulfillment of the closing conditions specified in the transaction agreement or the waiver of such conditions. Upon completion of the transaction, the sellers collectively are expected to hold approximately 15.48% of the issued and outstanding shares of AIFU, representing about 1.03% of the company’s total voting power. The consideration shares will be subject to a 60-month lock-up period, subject to certain customary exceptions.
Shenzhen Volz was established in 2006 and is headquartered in Shenzhen, China. It is a high-tech enterprise specializing in the coating, processing, and application of functional optical films. Leveraging its expertise in functional film coating, film lamination, and custom shaping and bonding for specific applications, the company provides tailored functional film products and related technical services to clients in the new energy vehicle, smart cockpit, and consumer electronics industries. Shenzhen Volz has been recognized by the Chinese government as a National High-Tech Enterprise and by the Shenzhen municipal government as a “Specialized, Refined, Distinctive, and Innovative” enterprise. The company holds 17 patents and serves approximately 280 clients.
Luan Mingxiu, CEO of AIFU, said: "Shenzhen Wuerzi has established deep technical expertise, a mature product portfolio, and a broad customer base in the functional optical film industry. This acquisition will further expand AIFU’s presence in high-tech fields and create new growth opportunities for the company. Looking ahead, we plan to leverage AIFU’s technologies and resources in artificial intelligence and digitalization to support Shenzhen Wuerzi in enhancing its R&D capabilities and operational efficiency, driving long-term business growth and delivering sustainable value for shareholders."
About AIFU Inc.
AIFU Inc. (Nasdaq: AIFU), founded in 1998, is a leading AI-driven independent financial services platform in China. Through strategic partnerships and deep integration across the value chain, AIFU has built a comprehensive ecosystem connecting various financial institutions, service providers, agents, and independent insurance intermediaries.
Leveraging this ecosystem, the company provides comprehensive support and customized solutions for individual agents and insurance intermediaries. With artificial intelligence, the company can precisely match customer needs, enhance business development efficiency, and deliver personalized, lifecycle-wide insurance coverage and value-added services.
In addition, through its proprietary AI, big data analytics, and robotic automation platform, the company offers a comprehensive suite of services including automated underwriting, claims processing, risk management, intelligent customer engagement, smart marketing and customer education, as well as compliance and security solutions. These advanced capabilities significantly enhance the operational efficiency of intermediaries, help partners expand their market reach, and deliver a more seamless, personalized experience to end customers.
Forward-looking statements
This press release contains forward-looking statements. Such statements, including those relating to the company’s future financial and operating performance, are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words such as “will,” “expect,” “believe,” “anticipate,” “intend,” “estimate,” or similar expressions. Forward-looking statements involve known and unknown risks and uncertainties based on current expectations, assumptions, estimates, and projections of AIFU Inc. and the industry. Potential risks and uncertainties include, but are not limited to: the company’s ability to attract and retain high-performing agents, particularly entrepreneurial agents; its ability to maintain existing and develop new insurance company partnerships; its ability to execute its growth strategy; its ability to adapt to the evolving regulatory environment in China’s insurance industry; its ability to compete effectively with competitors; and fluctuations in quarterly operating results due to factors beyond the company’s control, including macroeconomic conditions in China. Unless otherwise stated, all information provided in this press release is current as of the date of issuance, and AIFU Inc. has no obligation to update any forward-looking statements to reflect subsequent events or circumstances or changes in expectations, except as required by law. Although AIFU Inc. believes the expectations expressed in these forward-looking statements are reasonable, no assurance can be given that such expectations will prove correct, and investors should note that actual results may differ materially from those anticipated. For additional information regarding the risks and uncertainties faced by AIFU Inc., please refer to the filings made by AIFU Inc. with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F.