AIFU Agrees To Acquire Waltz Investment Holding For ~$44.61M

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.