AIFU · AIFU Inc.

The extraordinary general meeting of AIFU Inc. approved a comprehensive capital restructuring plan. The plan involves reducing the par value of ordinary shares from $0.4 to $0.0001, followed by three sequential 20-to-1 reverse stock splits, ultimately increasing the par value to $0.8 per share. Concurrently, authorized share capital is increased from $1 million to $8 billion, providing substantial flexibility for future financing or acquisitions. The amendments to the memorandum and articles also allow the board to remove directors by a simple majority vote, enhancing corporate governance control. These changes are significant for shareholders as they alter the capital structure and voting dynamics, potentially impacting share price and liquidity. The rounding up of fractional shares benefits existing shareholders by preventing dilution from odd lots.