Dividends & Buybacks ·
AIFU Inc. reports RMB48.1 million net income, a turnaround from prior year loss of RMB473.3 million
AIFUAIFU Inc.
AIFU Inc. reported net income from continuing operations of RMB48.1 million (US$7.1 million) for the six months ended June 30, 2026, a significant turnaround from a net loss of RMB473.3 million in the prior year period. Total net revenues decreased 24.0% to RMB226.2 million (US$33.3 million), driven by lower renewal commissions and a shift toward shorter-duration products in its life insurance segment, which accounted for 92.6% of revenue. The company executed a 1-for-20 reverse stock split that became market effective on June 16, 2026, following shareholder approval on April 29, 2026. Operating income improved to RMB32.9 million from an operating loss of RMB7.8 million, aided by a 50.0% reduction in general and administrative expenses due to personnel optimization and lower share-based compensation. The company operates as an insurance agency and health and wellness product distributor in China.