Maase (MAAS) Company Report

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Research analysts covering Maase.

Latest news

Recent press releases and 8-K filings for MAAS.

Maase Inc. in advanced acquisition negotiations

MAAS

M&A

New Projects/Investments

Maase Inc. is in advanced negotiations to acquire Shandong Sandi Water Purification Technology Co., Ltd. and its subsidiaries, a leading provider of pipe system solutions for drinking water in China.
The preliminary agreement values the target at approximately RMB700 million.
The consideration will be paid in newly issued Class A ordinary shares of Maase Inc. at a purchase price of US$1.8 per share.
The company expects to complete the acquisition within twelve months, subject to finalizing definitive agreements and customary closing conditions.

16 hours ago

6-K

MAAS Announces Acquisition of Times Good

MAAS

M&A

New Projects/Investments

MAAS has entered into a transaction agreement to acquire 100% of Times Good Limited, which controls Huazhi Group, a leading provider of computing power and algorithm solutions in China.
The transaction values Huazhi Group at approximately RMB1.1 billion (equivalent to US$157,100,216).
The consideration will be paid through a combination of 87,400,144 Class A ordinary shares of MAAS and a cash payment of US$26,000,000.
The acquisition is expected to close by the end of February 2026 and is intended to establish a full-stack AI ecosystem for MAAS.

Jan 23, 2026, 2:00 PM

6-K

Maase Inc. completes acquisition of Oriental Grove Ltd

MAAS

M&A

New Projects/Investments

Maase Inc. completed the acquisition of Oriental Grove Ltd on January 14, 2026, making the premium tea products company a wholly-owned subsidiary.
The total consideration for the acquisition was approximately US$62.4 million, comprising 34,911,410 Class A ordinary shares valued at US$1.5 per share and a US$10,000,000 cash payment.
Following the transaction, Maase Inc. has a total of 354,775,434 issued and outstanding ordinary shares.

Jan 15, 2026, 9:30 PM

6-K

Maase Inc. announces acquisition of Oriental Grove Ltd.

MAAS

M&A

New Projects/Investments

Maase Inc. (MAAS) entered into a transaction agreement on December 19, 2025, to acquire Oriental Grove Ltd., a company engaged in premium tea products.
The total consideration for the acquisition is approximately US$62.4 million, comprising 34,911,410 Class A ordinary shares of Maase Inc. (valued at US$1.5 per share) and a US$10,000,000 cash payment.
The transaction is expected to close in January 2026 and supports Maase Inc.'s strategic expansion into the health and wellness sector.

Dec 19, 2025, 1:00 PM

6-K

Maase Inc. Completes Acquisition of Real Prospect Limited, Enters New Energy and Intelligent Services Sector

MAAS

M&A

New Projects/Investments

Maase Inc. (MAAS) completed the strategic acquisition of 100% of the equity interests in Real Prospect Limited on October 28, 2025.
As consideration, MAAS issued 98,002,174 Class A ordinary shares at an issue price of US$1.50 per share to the sellers.
Following the acquisition, the sellers collectively hold approximately 30.64% of MAAS's total issued and outstanding shares and approximately 10% of the total voting power.
This transaction officially expands MAAS into the new energy and smart mobility sectors, integrating Real Prospect's subsidiaries, Youdian (new energy technology) and Laixi (intelligent unmanned systems).

Oct 28, 2025, 8:30 PM

6-K

Maase Inc. to Sell Puyi Group Limited for RMB 70 Million

MAAS

M&A

Maase Inc. entered into a new Shares Sales and Purchases Agreement with Echoes Group Ltd on September 26, 2025, for the transfer of 100% of the equity interests in its wholly-owned subsidiary, Puyi Group Limited.
The transaction is cash-based with a total consideration of RMB 70,000,000.
The transaction is expected to be completed by the end of September 2025, and upon completion, Maase Inc. will cease all fund product distribution operations.
A prior payment of RMB 10,500,000 made on September 17, 2025, will serve as an advance payment for this new agreement, with the buyer required to prepay 15% of the total consideration by September 30, 2025, and the remaining balance by September 30, 2026.

Sep 30, 2025, 11:00 AM

6-K

Maase Inc. Subsidiary to Divest Puyi Holdings (Hong Kong) Limited

MAAS

M&A

Maase Inc.'s subsidiary, Puyi Group Limited, has agreed to transfer 100% of its equity interests in Puyi Holdings (Hong Kong) Limited and its directly or contractually controlled subsidiaries to Echoes Group Ltd.
The transaction is a cash deal with a total consideration of RMB70,000,000.
Approved by Maase Inc.'s board, the transaction is expected to be completed by the end of September 2025, after which the company will cease all fund product distribution operations.
The buyer will prepay 15% of the total consideration on or prior to September 30, 2025, with the remaining balance due on or prior to September 30, 2026.

Sep 18, 2025, 12:00 PM

6-K

MAAS Completes Acquisition of Carve Group Ltd

MAAS

M&A

New Projects/Investments

Maase Inc. (MAAS) has completed the acquisition of 100% equity interests in Carve Group Ltd on August 27, 2025, marking its strategic expansion into the healthcare and wellness sector.
As consideration, MAAS issued 195,894,609 Class A ordinary shares at an issue price of US$1.50 per share.
The sellers of Carve Group Ltd now collectively hold approximately 88.32% of MAAS's total issued share capital and 22.22% of its total voting power, with a five-year lock-up period for a significant portion of these shares.
Carve Group's subsidiaries, Zhongshen and Glyken, bring scarce traditional Chinese medicine resources (wild ginseng) and a bird's nest biotechnology platform to MAAS's portfolio.