GUANGZHOU, China, Feb. 25, 2025 (GLOBE NEWSWIRE) -- AIX Inc. (NASDAQ:AIFU) ("AIX" or the "Company"), today announced that it has received a written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq"), dated February 24, 2025, indicating that for the last 30 consecutive business days, the closing bid price for the Company's American depositary shares (the "ADSs") was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rules 5450(a)(1). The Nasdaq notification letter has no current effect on the listing or trading of the Company's securities on the Nasdaq Global Market. Pursuant to the Nasdaq L

GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- AIX Inc. (the "Company" or AIX) (NASDAQ:AIFU), a leading independent technology-driven financial services provider in China, today announced the successful completion of its strategic share exchange transaction with BGM Group Ltd. (BGM) (NASDAQ:BGM), marking a significant milestone in its long-term transformation within the AI-driven insurance and healthcare space, and establishing a strong foundation for its future diversified growth. As part of the transaction, AIX transferred its intelligent insurance platform, including RONS Intelligent Technology (Beijing) Co., Ltd. ("RONS Technology"), to BGM in exchange for 69,995,661 Class A ordi

In the news release, BGM Group Ltd. Pioneers Innovation in AI and Intel Technology, Fostering Holistic Integration of Healthcare and Insurtech, issued 29-Nov-2024 by BGM Group Ltd over PR Newswire, we are advised by the company that the headline should read "[BGM Group Ltd Pioneers Innovation in AI Technology, Fostering Holistic Integration of Healthcare and Insurtech]" rather than "[BGM Group Ltd. Pioneers Innovation in AI and Intel Technology, Fostering Holistic Integration of Healthcare and Insurtech]" as originally issued inadvertently. The complete, corrected release follows: BGM Group Ltd Pioneers Innovation in AI Technology, Fostering Holistic Integration of Healthcare and Insurtech

SEC STAFF ACTION - AIX Inc. (0001413855) (Filer)

6-K/A - AIX Inc. (0001413855) (Filer)

6-K - AIX Inc. (0001413855) (Filer)

GUANGZHOU, China, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The board of directors (the "Board") of AIX Inc. (NASDAQ:AIFU) (the "Company" or "AIX"), a leading independent technology-driven financial services provider in China, today announced that Mr. Ning Li has been appointed as Co-Chief Executive Officer and Executive Director of the Board, effective immediately. Mr. Ning Li served as Executive Director from 2017 to 2022 and Chief Financial Officer from 2010 to 2022 at CNFinance Holdings Ltd. Prior to that, he served as a Financial Director at AIX Inc. from 2006 to 2009. He served as Financial Controller at China Textile Import & Export Group and a Financial Director in one of its foreign repr

GUANGZHOU, China, Oct. 09, 2024 (GLOBE NEWSWIRE) -- The board of directors (the "Board") of Fanhua Inc. (NASDAQ:FANH) (the "Company" or "Fanhua"), a leading independent technology-driven financial services provider in China, today issued an updated press release to correct its press release disseminated on October 1, 2024 which announced changes to its board of directors and management team (the "Original Announcement"). The statement regarding the professional experience of the newly appointed chairperson of the Board in the Original Announcement is hereby replaced with and changed to "Since June 2023, Ms. Hang Suong Nguyen has served as the Vice President of WEALTH WILL LIMITED, overseei

GUANGZHOU, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The board of directors (the "Board") of Fanhua Inc. (NASDAQ:FANH) (the "Company" or "Fanhua"), a leading independent technology-driven financial services provider in China, today announces that Ms. Hang Suong Nguyen has been appointed as the new Chairperson of the Board, effective September 30, 2024.. Ms. Hang Suong Nguyen, Chairperson of the Board Ms. Nguyen has over 10 years of investment management experience. Since October 2019, she has been serving as Deputy Director of International Investment Strategy at Voyager Labs Limited, a global leader in advanced AI-based survey solutions, enabling global organizations to gain in-depth in

GUANGZHOU, China, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (NASDAQ:FANH) (the "Company" or "Fanhua"), a leading independent financial services provider in China, today announced its unaudited financial results for the first half ended June 30, 20241. Financial Highlights for the First Half of 2024: (In thousands, except per ADS data and percentages)2023H1 (RMB)2024H1 (RMB)2024H1(US$)Change %Total net revenues 1,960,377  1,123,178  154,555  (42.7)Operating income 146,387  54,910  7,557  (62.5)Loss from fair value change —  (73,761) (10,150) — Net income attributable to shareholders 136,967  4,738  653  (96.5)Adjusted EBITDA2 178,221  77,665  10,687  (56.4)Diluted net income per ADS 2

GUANGZHOU, China, March 20, 2024 (GLOBE NEWSWIRE) -- FANHUA Inc. (NASDAQ:FANH) (the "Company" or "FANHUA"), a leading independent financial services provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 20231. Financial Highlights for Year 2023 (In thousands, except per ADS data and percentages)2022 (RMB)2023 (RMB)2023(US$)Change %Total net revenues2,781,614 3,198,389 450,484 15.0 Operating income168,675 195,825 27,581 16.1 Net income attributable to shareholders100,272 280,477 39,504 179.7 Adjusted EBITDA2184,786 243,300 34,268 31.7 Diluted net income per ADS1.87 5.21 0.74 178.6 Cash, cash equivalent, short-term inves

GUANGZHOU, China, March 07, 2024 (GLOBE NEWSWIRE) -- FANHUA Inc. ("FANHUA" or the "Company") (NASDAQ:FANH), a leading independent financial services provider in China, today announces that it will release its unaudited financial results for the fourth quarter and fiscal year 2023 before the U.S. financial markets open on March 20, 2024 Eastern Daylight Time. A conference call will be hosted by Mr. Yinan Hu, Vice-chairman and Chief Executive Officer of the Company, Mr. Ben Lin, Chief Strategy Officer of the Company, Mr. Peng Ge, Chief Financial Officer of the Company, and Mr. Lichong Liu, Chief Operating Officer of the Company to discuss the fourth quarter and fiscal year 2023 financial

SC 13D/A - FANHUA INC. (0001413855) (Subject)

SC 13D/A - FANHUA INC. (0001413855) (Subject)

SC 13G/A - FANHUA INC. (0001413855) (Subject)