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StocksMedium•31 March 2026•

1 min read

Maase Inc. Finalizes Acquisition of Huazhi Group to Strengthen AI Capabilities

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Key Facts

1Maase Inc. completed the acquisition of Times Good Limited, which controls the Huazhi Group, for approximately RMB 1.1 billion.

Version History

2 additional sources confirmed this story

Maase Inc. has successfully completed the acquisition of Times Good Limited, the controlling entity of Huazhi Group, for approximately RMB 1.1 billion. The transaction involved the issuance of 87,400,144 Class A ordinary shares alongside a deferred cash payment of US$26 million. This strategic move marks Maase's transition into a vertically integrated AI industry player, focusing on algorithms and computing power. Following the deal, the sellers collectively hold a 19.77% stake in Maase and are subject to a 60-month lock-up period. Analysts view this acquisition as a significant pivot toward the high-growth AI sector, enhancing the company's competitive edge. The long-term lock-up agreement is expected to mitigate potential selling pressure from the newly issued shares.