Maase Inc.·Financial Services
Maase Inc. (NASDAQ: MAAS) shares are trading higher Tuesday after the company announced it completed its strategic acquisition of Huazhi Future.
QINGDAO, China, March 31, 2026 (GLOBE NEWSWIRE) -- Maase Inc. (NASDAQ: MAAS) (“MAAS” or the “Company”) today announced the successful completion of its acquisition of 100% equity interests in Times Good Limited, which in turn controls the core assets and operations of Huazhi Future (Chongqing) Technology Co., Ltd. and its subsidiaries (collectively, the “Huazhi Group”). The transaction, previously disclosed on January 23, 2026, was consummated on March 30, 2026. The successful completion of this acquisition marks MAAS's strategic evolution from a “Scenario Operator” to an “AI Industry Player” with full-stack, self-controlled capabilities.
The sales agreement covers 20 units of the “Xiaoli Charging” 150kWh intelligent mobile charging robots, which have now been delivered and deployed to designated locations in Yunnan and Guizhou provinces of South China as scheduled, and has a contract value of RMB3.2 million.
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Maase Inc. - Sponsored ADR (NASDAQ: MAAS - Get Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,580 shares, an increase of 21.4% from the December 15th total of 6,244 shares. Currently, 0.4% of the shares of the company are short
