SCHEDULE: AIFU Inc. Ownership Update: YS Management Holds 6.67%

AIFU Inc. files an amendment to Schedule 13D detailing ownership by YS Management Company Limited and Yif Liu, reporting a 6.67% stake after a recent share issuance.

Summary

• This filing is an amendment to a Schedule 13D, updating beneficial ownership information for AIFU Inc.
• YS Management Company Limited (YSM) and Yif Liu are the reporting persons.
• YSM directly holds 4,826,333 Class A ordinary shares of AIFU Inc.
• Yif Liu is the sole director and 100% owner of YSM.
• The reported ownership percentage decreased from a previous filing due to a recent share issuance by AIFU Inc. for an acquisition.
• The total number of outstanding shares increased, leading to a diluted ownership percentage for the reporting persons.
• The percentage of class represented by the reported shares is 6.67% as of November 6, 2026.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral to slightly negative filing, primarily due to the dilution of ownership percentage resulting from a share issuance, despite no change in the absolute number of shares held.

Positives

• The reporting persons maintained their absolute shareholding of 4,826,333 Class A ordinary shares.
• The filing clearly states the reason for the decreased ownership percentage: a share issuance related to an acquisition.

Negatives

• The beneficial ownership percentage decreased to 6.67% due to a share issuance by the Issuer.
• The total voting power percentage is not explicitly stated for Class A shares alone, but the combined voting power calculation is complex due to Class B shares having 100 votes each.

Risks

• The dilution of ownership percentage could impact the reporting persons' influence or control over the company.
• The acquisition that led to the share issuance may introduce integration risks or not achieve expected synergies.

Future Outlook

No specific future outlook or guidance is provided in this Schedule 13D amendment. The filing focuses on current beneficial ownership and recent corporate actions.

Management Comments

• "The decrease in the Reporting Persons' aggregate beneficial ownership and their aggregate voting power was solely due to the increase in the total number of the Issuer's outstanding shares from the Share Issuance."
• "Following the Share Issuance, YSM beneficially owns 4,826,333 Class A ordinary shares of the Issuer, representing approximately 6.67% of the Issuer's total issued and outstanding ordinary shares and approximately 0.44% of the total voting power."
• "The Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership."

Industry Context

StockSavvy.ai notes that Schedule 13D filings are crucial for tracking significant ownership changes and potential shifts in control or influence within publicly traded companies. This amendment reflects a common scenario where acquisitions lead to share issuances, diluting existing shareholders' percentage ownership.

Stakeholder Impact

• Shareholders: Dilution of ownership percentage for YS Management Company Limited and Yif Liu, potentially affecting their influence.
• Management: The share issuance for acquisition indicates strategic activity that could impact future company performance and direction.

Next Steps

• The reporting persons will continue to monitor the Issuer's activities and may reassess their investment strategy.
• Further amendments to Schedule 13D will be filed if there are any material changes in beneficial ownership.

Key Dates

Keywords

AIFU Inc., Schedule 13D, Beneficial Ownership, YS Management Company Limited, Yif Liu, Class A Ordinary Shares, Share Issuance, Acquisition