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AIFU to acquire Shenzhen Waltz New Material for $44.61M, expanding in high-tech sector

Company Fundamentals
21 Oct 2026
GlobeNewsWire
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Bullish
AIFU to acquire Shenzhen Waltz New Material for $44.61M, expanding in high-tech sector

AIFU Inc. announced it will acquire 100% equity of Waltz Investment Holding Ltd., which owns 99% of Shenzhen Waltz New Material, for about $44.61 million. The deal includes $33.61 million in AIFU shares and $11 million in cash, expected to close by November 2026. Shenzhen Waltz specializes in functional optical films for industries like new energy vehicles and consumer electronics, holding 17 patents and serving 280 customers. This acquisition aims to boost AIFU's presence in high-tech and leverage AI to enhance Shenzhen Waltz's R&D and operations for long-term growth.

The acquisition of Shenzhen Waltz New Material by AIFU offers context for readers following high-tech developments. For readers following Technology-sector stocks, here is Pluang's market snapshot as of Oct 21, 2026 20:01 WIB: out of 150 priced US stocks, 97 rose and 47 fell. Notable movers include SMCI at USD 36.77 with a 13.24% increase and Pluang order activity showing 13% Sell / 87% Buy, CRDO at USD 184.23 up 7.42% with 9% Sell / 91% Buy, and DELL at USD 494.15 rising 7.01% with 19% Sell / 81% Buy. Typical hold times range from 20 to 57 days.

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