Mergers & Acquisitions ·
AIFU Inc. acquires Waltz Group for RMB300M in shares and cash
AIFUAIFU Inc.
AIFU Inc. completed the acquisition of 100% of Waltz Investment Holding Ltd., which indirectly owns 99% of Shenzhen Waltz New Material Applied Technology Co., Ltd., on November 6, 2026. The total consideration valued at approximately RMB300.0 million consisted of 11,203,443 Class A ordinary shares issued at US$3.0 per share and US$11.0 million in cash payable to Modern within 365 days. Following the transaction, AIFU has 72,379,191 outstanding shares, with sellers holding approximately 15.48% of equity and subject to a 60-month lock-up. The company operates in the functional film application and development services industry.