Core Viewpoint - Fanhua Inc. has announced significant corporate changes, including a name change and a re-designation of its share capital structure, aimed at enhancing its strategic focus as a technology-driven financial services provider in China [2][5]. Group 1: Corporate Changes - The company's English name will change from "Fanhua Inc." to "AIX Inc." and the Chinese name will change from "泛华控股集团" to "智能未来有限公司" [2]. - The authorized share capital will remain at US$10,000,000 but will be re-designated into 8,000,000,000 Class A Ordinary Shares and 2,000,000,000 Class B Ordinary Shares, with Class A shares having one vote per share and Class B shares having 100 votes per share [2][4]. - The memorandum and articles of association will be amended and restated to reflect these changes [3]. Group 2: Strategic Focus - The name change is intended to better reflect the company's strategic focus on becoming a globally leading technology-driven financial service platform [5]. - The company aims to empower financial advisors and foster sustained value creation for customers through its services [5][8]. Group 3: Digital Transition - The company will transition to new website and email domains effective November 1, 2024, with old domains redirecting to the new ones for a period of time [6][7]. - New official website addresses will be established for both Chinese and English versions, along with investor relations pages [6].
Fanhua Announces Change of Name to AIX Inc. and the Results of its Extraordinary General Meeting