Aifu shares surge 13.28% intraday after acquiring Nova Lumina Limited for 102.58 million shares and $22 million cash, expanding asset portfolio.

Aifu surged 13.28% intraday, driven by the company's completion on January 9, 2026, of acquiring 100% equity in Nova Lumina Limited for 102.58 million Class A ordinary shares and $22 million in cash. Nova Lumina holds premium dark tea inventory, and post-transaction, YSM holds 78.2% ownership, expanding the company's asset portfolio. The company, headquartered in Guangzhou and established in 1998, operates as an insurance broker and claims service provider with a national insurance service network and 4,707 employees.