Business

MAAS Announces Completion of Strategic Acquisition of Real Prospect Limited, Officially Enters New-Energy Technologies and Intelligent Services Sector

CHENGDU, China, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Maase Inc. (NASDAQ: MAAS) (“MAAS” or the “Company”) today announced the successful completion of its

articleMaase Inc.October 28, 20254/company/maase-inc/news/maas-announces-completion-of-strategic-acquisition-of-real-prospect-limited-officially-enters-new-energy-technologies-and-intelligent-services-sector
MAAS Announces Completion of Strategic Acquisition of Real Prospect Limited, Officially Enters New-Energy Technologies and Intelligent Services Sector

About this update from Maase Inc.

[{"type":"text","content":"CHENGDU, China, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Maase Inc. (NASDAQ: MAAS) (“MAAS” or the “Company”) today announced the successful completion of its strategic acquisition of 100% of the equity interests in Real Prospect Limited (the “Target Company” or “Real Prospect”). The transaction, previously disclosed in the Company’s Form 6-K furnished on July 18, 2025, was formally consummated on October 28, 2025. Pursuant to the transaction agreement dated July 18, 2025, MAAS has acquired all equity interests in the Target Company from its existing shareholders, Arts Wing Limited (“AWL”) and Ace Long Limited (“ALL”) (collectively as the “Sellers”). As consideration, MAAS issued an aggregate of 98,002,174 Class A ordinary shares with a par value of US$0.09 per share (the “Consideration Shares”), at an issue price of US$1.50 per share. As of October 28, 2025 (the “Closing Date”), the Sellers collectively hold 98,002,174 Class A ordinary shares of the Company, representing approximately 30.64% of the total issued and outstanding shares and approximately 10% of the total voting power. The shares held by AWL are subject to a 36-month lock-up period. Following the completion of the acquisition, MAAS, through Real Prospect, owns 100% equity interest in Qingdao Youdian New Energy Technology Co., Ltd. (“Youdian”) and 49% equity interest in Qingdao Huiju Lai Xi Intelligent Technology Co., Ltd. (“Laixi”). Youdian is an innovative technology company focusing on the new energy sector, with two primary business areas: electric vehicle (EV) services and residential energy solutions. With strong research and development capabilities and an end-to-end service ecosystem, Youdian has established itself as an industry leader. Its \"Xiaoli Charging\" mobile charging robot has been launched in the market, offering a variety of models including 20kWh, 50kWh, 60kWh, 100kWh, and 150kWh intelligent charging options, effectively addressing the challenges posed by fixed energy replenishment systems. In the residential energy sector, Youdian has introduced a range of innovative products aimed at consumer needs (C-end), including 3kWh, 5kWh, 10kWh, and 16kWh outdoor mobile energy storage units, as well as portable charging/discharging devices such as 7kW, 20kW, and 40kW units. Youdian also provides small, medium, and large photovoltaic energy storage systems and b...

More updates from Maase Inc.