AIFU To Acquire Shenzhen Waltz New Material, Expanding Its Presence in the High-Tech Sector
Key Highlights
- ➤AIFU agrees to acquire Waltz Investment Holding for approximately US$44.61 million
- ➤Consideration includes 11,203,443 shares at US$3.00 plus US$11 million cash
- ➤Transaction expected to close by end-November 2026, subject to closing conditions
- ➤Shenzhen Waltz serves approximately 280 customers across vehicle, cockpit, and electronics industries
Expert Statements
Mingxiu Luan, Chief Executive Officer of AIFU
“Shenzhen Waltz has established deep technical expertise, a mature product portfolio, and a broad customer base in the functional optical films industry. This acquisition will further expand AIFU's presence in the high-tech sector and create new growth opportunities for the Company. Looking ahead, we intend to explore opportunities to leverage AIFU's technologies and resources in artificial intelligence and digitalization to support Shenzhen Waltz in advancing its research and development capabilities and operational efficiency, driving its long-term business growth, and creating sustainable value for our shareholders.”
SHENZHEN, China, Oct. 21, 2026 (GLOBE NEWSWIRE) -- AIFU Inc. (Nasdaq: AIFU) (“AIFU” or the “Company”), a leading AI-driven independent financial services platform in China, today announced that it has entered into a transaction agreement (the “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 interests in Waltz Investment Holding Ltd. (the “Target Company”). The Target Company indirectly holds 99% of the equity interests in Shenzhen Waltz New Material Applied Technology Co., Ltd. (“Shenzhen Waltz”) (the “Transaction”). The Transaction values the Target Company at approximately US$44.61 million, equivalent to approximately RMB300 million.
Pursuant to the Transaction Agreement, the total consideration for the Transaction will comprise: (i) the issuance of 11,203,443 Class A ordinary shares of AIFU (the “Consideration Shares”) at an issue price of US$3.00 per share, representing aggregate share consideration of approximately US$33.61 million; and (ii) US$11 million in cash.
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