AIFU Inc. Shareholder Approval of Capital Restructuring and Governance Changes

AIFU Inc. held an extraordinary general meeting on April 29, 2026, where shareholders approved significant capital restructuring and governance changes. The key resolutions included: (1) reducing the par value of class A and B ordinary shares from $0.40 to $0.0001 per share; (2) implementing a three-phase share consolidation and capital increase plan that will ultimately result in 10 billion shares with $8 billion authorized capital; and (3) amending the company's memorandum and articles of association to reflect these changes and modify director removal provisions. The amendments allow directors to be removed by special resolution or by a simple majority vote of other directors. The restructuring involves complex share consolidations at 20:1 ratios across multiple phases, significantly altering the company's capital structure while maintaining the dual-class share system with class A and B ordinary shares.