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.
AIFU Inc. filings document the regulatory reporting of a foreign private issuer whose ADSs represent interests in a China-based financial services and insurance agency business. Form 20-F materials cover audited financial statements, business description, risk factors and governance, while Form 6-K reports provide interim results and material-event disclosures.
The filing record includes shareholder meeting notices and results for capital reduction, share consolidation and authorized-share changes involving Class A and Class B ordinary shares. Other 6-K disclosures address material agreements, capital-structure updates, board changes and the disposition and discontinued-operation reporting of the claims adjusting business.
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.