Zack Zhang Discloses 56.12% Stake in AIFU Inc.
Zack Zhang, through Magnus Management Limited, acquired 56.12% of AIFU Inc.'s Class A shares for $103 million. The purchase, completed on October 12, 2026, also included warrants for additional shares. AIFU's dual-class structure limits Zhang's voting power to 3.19%. Zhang plans to review the investment and may engage with AIFU's management or shareholders.
