Welcome to our dedicated page for AIFU SEC filings (Ticker: AIFU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The AIFU Inc. (Nasdaq: AIFU) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a foreign private issuer. AIFU files annual reports on Form 20-F, which include audited financial statements and detailed information on its operations as an independent, technology-driven financial services provider in China. These reports describe its insurance agency and brokerage activities, segment information, and risk factors related to its business.
In addition to annual reports, AIFU submits Form 6-K current reports to the U.S. Securities and Exchange Commission. These filings cover material events such as strategic transactions, changes in business structure, share issuances, and updates on financial results. For example, the company has used Form 6-K to report on the disposal of its claims adjusting segment, strategic agreements involving intelligent insurance platforms, and share subscription arrangements for Class A and Class B ordinary shares.
Through these filings, readers can review how AIFU describes its role as an AI-driven independent financial services platform, its insurance distribution focus, and its collaboration with financial institutions, service providers, agents, and independent insurance intermediaries. The filings also provide insight into its capital structure, including the designation of Class A and Class B ordinary shares with different voting rights.
On Stock Titan, AIFU’s SEC filings are supplemented with AI-powered summaries that highlight key points from lengthy documents such as 20-F annual reports and 6-K current reports. Users can quickly see the main business updates, segment changes, and capital markets actions, and can also review insider-related information where applicable, such as beneficial ownership and voting power disclosures contained in the company’s public filings.
Maase Inc. filed Amendment No. 6 to its Schedule 13D on AIFU Inc. to report that its ownership was diluted by a large share issuance by the company. AIFU issued 102,578,839 Class A ordinary shares to YS Management Company Limited and Ethereal Group Ltd in connection with acquiring Nova Lumina Limited. Maase Inc. continues to beneficially own 1,642,774 ordinary shares, consisting of 367,774 Class A shares and 1,275,000 Class B shares. Because the total shares outstanding increased to 123,514,110 ordinary shares as of January 9, 2026, Maase’s ownership fell from about 7.85% to 1.33%, and its voting power decreased from about 16.75% to about 14.77%. As a result, Maase Inc. is no longer a beneficial owner of more than five percent of this class.
Infinew Limited and Katherine Wang filed Amendment No. 3 to a Schedule 13D to report dilution of their ownership in AIFU Inc. after a large share issuance. They continue to beneficially own 1,225,250 ordinary shares in total, made up of 250 Class A ordinary shares and 1,225,000 Class B ordinary shares. As a result of AIFU Inc. issuing 102,578,839 Class A ordinary shares to YS Management Company Limited and Ethereal Group Ltd. in connection with acquiring Nova Lumina Limited, their stake fell from about 5.85% to about 0.99% of the company’s ordinary shares as of January 9, 2026. Their aggregate voting power decreased from about 16.05% to about 14.15%, reflecting the dual‑class structure in which each Class A share carries one vote and each Class B share carries one hundred votes. The reporting persons did not buy or sell any shares; the change is entirely due to the company’s new issuance.
AIFU Inc. has completed its acquisition of Nova Lumina Limited by issuing 102,578,839 Class A ordinary shares at US$1 per share and agreeing to pay US$22.0 million in cash. As of the January 9, 2026 closing, 96,526,648 shares went to YS Management Company Limited and 6,052,191 shares to Ethereal Group Ltd, with the cash portion payable to Ethereal. The shares issued to YS Management are locked up for five years.
After this transaction, AIFU has 123,514,110 ordinary shares outstanding, including 116,014,110 Class A and 7,500,000 Class B shares. YS Management now holds about 78.2% of outstanding shares but only 11.2% of voting power, while Ethereal holds about 4.9% of shares and 0.7% of voting power. The deal adds roughly 4,000 metric tons of premium dark tea inventory, combining 2,130 metric tons of raw materials and 1,870 metric tons of finished products, positioning AIFU to pair its AI-driven financial services with health and wellness related assets.
AIFU Inc. filed an amended current report to correct a clerical error and restate the description of its agreement to acquire 100% of Nova Lumina Limited. The restated disclosure confirms consideration of 102,578,839 Class A ordinary shares and a cash payment of US$22.0 million, based on a purchase price of US$1.0 per share.
Of these shares, 96,526,648 will be issued to YS Management Company Limited and 6,052,191 to Ethereal Group Ltd, with YS Management’s shares subject to a five-year lock-up. After a planned issuance of 5,000,000 Class B ordinary shares and the closing expected in January 2026, YS Management is expected to hold about 78.2% of total shares and 11.2% of voting power, while Ethereal would hold 4.9% of shares and 0.7% of voting power. Nova owns roughly 4,000 metric tons of dark tea inventory, which AIFU states is intended to position it in the health and wellness consumer sector.
AIFU Inc. entered into a transaction agreement to acquire 100% of Nova Lumina Limited from its shareholders YS Management Company Limited and Ethereal Group Ltd. The purchase price will be paid through 102,578,839 new Class A ordinary shares and a cash payment of US$22.0 million, based on a share price of US$1.0 per AIFU share. YSM will receive 96,526,648 Class A shares subject to a five-year lock-up, while Ethereal will receive 6,052,191 Class A shares plus the cash payment.
The transaction has been approved by AIFU’s board and is expected to close in January 2026, subject to customary closing conditions. AIFU also expects to complete a new issuance of 5,000,000 Class B ordinary shares on or around December 22, 2025. After both the Class B issuance and the closing, YSM is expected to hold about 78.2% of AIFU’s total issued and outstanding shares, representing about 11.2% of total voting power, and Ethereal about 4.9% of shares with 0.7% of voting power.
Nova’s main assets are a premium tea inventory of roughly 4,000 metric tons, including 2,130 metric tons of dark tea raw materials and 1,870 metric tons of finished dark brick tea. The acquisition is described as positioning AIFU in the high-growth health and wellness consumer sector by adding a tangible asset base with long-term value potential.
AIFU Inc. entered a share subscription agreement to issue 5,000,000 Class B ordinary shares at US$0.4 per share, for total gross proceeds of US$2,000,000. The company plans to use the proceeds for general working capital. Issuance is expected by the end of December 2025, subject to customary closing conditions.
After the issuance, Expansion Group Ltd. will hold 250 Class A and 5,000,000 Class B shares, representing 23.96% of total issued and outstanding ordinary shares and 65.50% of the company’s aggregate voting power.
Class B shares carry 100 votes per share, are convertible into Class A on a one-for-one basis at the holder’s option with approval by two-thirds of the Board, and automatically convert upon specified events (e.g., employment termination or director resignation). Class B shares have no dividend or liquidation rights and are non-transferable, including no pledging as collateral.
AIFU Inc. reported steep year-over-year declines in insurance revenues for the first half of 2025 driven by weaker consumer demand and channel changes. Life insurance net revenues fell to RMB267.9 million (down 67.7% from RMB828.6 million) while total life gross written premium was RMB8,104.1 million with first-year premium of RMB447.3 million (down 62.9%) and renewal premiums rising 3.0% to RMB7,656.8 million. Non-life net revenues were RMB29.6 million (down 59.1%), partly because the December 2024 divestiture of Baowang removed prior revenue contributions. Life gross profit was RMB141.4 million (down 56.3%) with gross margin improving to 52.8% from 39.1%. Non-life gross profit was RMB13.4 million (down 48.7%) with margin rising to 45.5% from 36.0%.
Maase Inc. disclosed that following a 1-for-400 reverse share split and a July 23, 2025 share issuance by AIFU Inc., Maase beneficially owns 1,642,774 ordinary shares comprised of 367,774 Class A shares and 1,275,000 Class B shares. Those holdings represent 10.35% of the outstanding ordinary shares and 48.55% of the aggregate voting power because each Class B share carries 100 votes while each Class A carries one vote. The change in Maase's ownership and voting power resulted solely from the reverse split and dilution from the Share Issuance; Maase reports no transactions in the past 60 days. Maase states its investment is for strategic long-term purposes and may engage with management or other shareholders as it reviews its position.
Infinew Limited and Katherine Wang report they beneficially own 1,225,250 ordinary shares of AIFU Inc., representing 7.72% of outstanding shares and 46.51% of voting power. The change in ownership resulted from a 1-for-400 reverse split and a concurrent private share issuance of 10,000,000 Class A shares and warrants on July 23, 2025. Following those actions, the Reporting Persons hold 250 Class A shares and 1,225,000 Class B shares; each Class B share carries 100 votes while each Class A carries one vote, which explains the disproportionate voting power compared with economic ownership. The Reporting Persons state the holdings are for investment purposes and reserve the right to review, buy or sell securities or engage with the issuer, but have no current plans for the specific corporate actions listed in Item 4.