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AIFU SCHEDULE 13D/A: SEC filing

Ileana Zhao and Expansion Group Ltd

Filed with the SEC on · accession 0001213900-26-118475

AIFU filed a SCHEDULE 13D/A (schedule 13d/a) with the SEC on Nov 12, 2026. Ileana Zhao and Expansion Group Ltd filed an amended Schedule 13D reporting that their beneficial ownership was diluted to approximately 14.13% of total shares (but ~95.27% of voting power) after AIFU Inc. issued 11,203,443 Class A ordinary shares to third parties in connection with an acquisition. The stock moved +8.9% by the first close after the filing.

Summary of the filing

Ileana Zhao and Expansion Group Ltd filed an amended Schedule 13D reporting that their beneficial ownership was diluted to approximately 14.13% of total shares (but ~95.27% of voting power) after AIFU Inc. issued 11,203,443 Class A ordinary shares to third parties in connection with an acquisition. The reporting persons did not buy or sell any shares.

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Key details

Class A ordinary shares issued by AIFU Inc. to third parties in connection with an acquisition$11.2M
Total ordinary shares outstanding after issuance$72.4M
IssuerAIFU Inc.
Reporting person / beneficial ownerExpansion Group Ltd
Reporting person / director of expansion group ltdIleana Zhao

How AIFU stock reacted

Close before

$8.41

Nov 11, 2026

First close after

+8.92%

$9.16

5 trading days

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Since filing

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Frequently asked questions

What did AIFU file with the SEC on Nov 12, 2026?

AIFU filed a SCHEDULE 13D/A (SEC filing). Ileana Zhao and Expansion Group Ltd filed an amended Schedule 13D reporting that their beneficial ownership was diluted to approximately 14.13% of total shares (but ~95.27% of voting power) after AIFU Inc. issued 11,203,443 Class A ordinary shares to third parties in connection with an acquisition. The reporting persons did not buy or sell any shares.

How do I read a SCHEDULE 13D/A?

A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A SCHEDULE 13D/A (schedule 13d/a): A report the company filed with the SEC (the US market regulator).

How did AIFU stock react to this filing?

AIFU closed at $8.41 before the filing and $9.16 on Nov 12, 2026 (+8.92%).

Other AIFU SEC filings

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