MAASE ADS NEW

Maase, through its subsidiary Huarong Future (Sichuan) Technology, has signed a 12-month contract with Guangzhou Chuangyan Information Technology for computing services worth RMB 14.76 million (RMB 1.23 million per month). Huarong Future will deliver FP16 compute power of the 90P class as well as technical consulting, support and troubleshooting at the hardware and system level. Maase aims to develop its AI infrastructure business from project-based engagements into continuous computing services. » More on de.investing.com

Maase Inc. filed a report with the SEC containing financial information on its acquisition of Times Good Limited, whose purchase of all shares was completed on March 30, 2026. Times Good controls the assets and operations of Huazhi Future (Chongqing) Technology Co., Ltd. and its subsidiaries, with Maase considered the primary beneficiary of the Huazhi group. The report includes audited combined financial statements for the fiscal year ended June 30, 2025, as well as unaudited condensed pro forma consolidated financial statements as of the same date; Maase notes that these pro forma figures do not necessarily reflect actual or future financial results. The filing was signed by Zhou Min, vice chairman and CEO. » More on de.investing.com

Maase has acquired 100% of the shares in Times Good Limited, the parent company of the Huazhi Group, thereby expanding into high‑performance computing and AI algorithms. Huazhi specializes in integrating computing power and developing algorithms for public safety, disaster relief, agriculture, water resources and digital transformation. Maase has a market capitalization of USD 1.93 billion, generated USD 0.49 million in revenue over the past twelve months with a gross margin of 35%, and was recently unprofitable. Investor optimism had driven the stock up 56% over six months, while an analysis indicates it is overvalued relative to its fair value. » More on de.investing.com