Maase Inc.

Maase Inc. Signs Framework Agreement to Develop Singapore-Based Global AI Services Platform

Maase Inc.'s subsidiary Huazhi Future signed a tripartite framework agreement with New Gardner and Sagelight Ventures to use Singapore as a hub for a global AI computing, model services and applications platform. Huazhi Future will handle platform development and integration of global computing resources, AI model access and industry-specific applications, with plans for overseas computing centers and edge infrastructure in Southeast Asia. The agreement is a framework with no disclosed financial terms or binding commitments; execution and commercialization remain subject to regulatory requirements and market demand.

•1mo ago

Maase Inc. Announces $50 Million PIPE Financing to Accelerate Deployment of Star Distributed Intelligent Computing Centers and Commercialization of Lingyanmiaoyu Large Language Model

Maase Inc. (NASDAQ: MAAS) signed a securities purchase agreement for a $50 million PIPE financing, issuing 3,878,856 Class A ordinary shares at $12.89 per share. The investor is a financial investment institution focused on AI infrastructure, and the shares carry a 36-month lock-up; closing is expected in October 2026 subject to customary conditions. Proceeds are earmarked primarily for expanding the Star Distributed Intelligent Computing Centers and for R&D and commercialization of the Lingyan MoE large language model, with the remainder for working capital, market expansion, and R&D hiring.

•1mo ago

Maase Inc. Signs RMB 76.8 Million AI Computing Services Agreement to Provide 450P-Class High-Performance Computing Infrastructure

Maase Inc. announced that its subsidiary Huarong Future (Sichuan) Technology signed a twelve-month computing services agreement with Beijing VirtAI Technology (VirtAI Tech) carrying an aggregate contract value of RMB 76.8 million. The cluster is designed to deliver over 450P of FP16 computing power under non-sparse conditions for large language model training and inference, with Huarong Future also providing technical consulting and ongoing operational support across hardware, equipment, and platform layers. CTO Dr. Zhifeng Li framed the deal as a step in the commercial expansion of the computing services business, marking a shift from project-based engagements toward long-term, large-scale service contracts with a clearer monetization pathway.

•1mo ago

Maase Inc. Signs Three AI Token-Based Services Agreements with an Aggregate Contract Value of RMB 23.52 Million, Further Expanding Commercial Applications of Enterprise AI Services

Maase Inc.'s subsidiary Huazhi Future (Chongqing) Technology signed three AI token-based services agreements with enterprise customers carrying an aggregate contract value of RMB 23.52 million, each with a two-year service term. The largest agreement is with Moffett AI Technologies (Shenzhen) at RMB 16.52 million, followed by Xiamen Jixing Gaozhao Culture Technology at RMB 5 million and Xiamen Xingqi Media Technology at RMB 2 million — meaning a single customer accounts for roughly 70% of the total value. Under the agreements, Huazhi Future provides API access to its proprietary large language model Lingyan Miaoyu, with pricing based on actual input and output token usage under a prepaid model combined with monthly reconciliation, plus availability support and incident response. Management framed the wins as evidence of enterprise-grade AI service capabilities and a step toward accelerating commercialization of generative AI across real-world applications.

•2mo ago

Maase Inc. Signs RMB14.76 Million AI Computing Services Contract, Further Expanding Enterprise AI Infrastructure Services

Maase Inc.’s subsidiary, Huarong Future, signed a 12-month computing services agreement with Guangzhou Chuangyan Information Technology Co., Ltd. The contract is valued at RMB 14.76 million, requiring Huarong Future to provide 90P-class FP16 computing capacity and technical support for a monthly fee of RMB 1.23 million. CTO Dr. Zhifeng Li noted that the partnership highlights MAAS’s ability to translate computing resources into enterprise-level services amid growing demand for AI infrastructure.

•2mo ago

Maase Inc Wins Second Prize at the “Chuangying Weilai” 2026 National Entrepreneurship Competition

Maase Inc.'s subsidiary, Qingdao Maisi, won Second Prize at the “Chuangying Weilai” 2026 National Entrepreneurship Competition for its “Xiaoli Mobile Charging Robot” project. The national competition attracted approximately 67,000 applications and was jointly organized by China’s Ministry of Human Resources and Social Security and the Anhui Provincial Government. The mobile charging robot integrates energy storage, AGV autonomous mobility, and AI-powered scheduling to address flexible charging needs in various scenarios.

•2mo ago

MAAS Completes Delivery and Client Acceptance of RMB1.65 Million AI Computing Services Contract, Full Payment Received

Maase Inc.'s subsidiary Huazhi Future completed the delivery of an AI computing technical services contract with Guangzhou Benyun Artificial Intelligence Technology Co., Ltd., valued at RMB 1.65 million. The project encompassed the delivery of five AI computing service nodes, including full deployment of the operating environment and ongoing maintenance support. Guangzhou Benyun has accepted the project and MAAS has received payment in full, validating the company's execution capabilities in the enterprise AI infrastructure market.

•2mo ago

MAAS Appoints Dr. Zhifeng Li as Chief Technology Officer to Lead AI Technology Strategy and Platform Innovation

MAAS appointed Dr. Zhifeng Li as Chief Technology Officer to lead the company's AI technology strategy and platform innovation, effective immediately. Dr. Li previously chaired the board of MAAS subsidiary Huazhi Future and brings extensive experience in AI industrialization and ecosystem development. The appointment is part of MAAS's strategic transformation into a full-stack AI industry platform, focusing on integrating computing power, algorithms, and data.

•3mo ago

MAAS Subsidiary Huazhi Future Signs MOU to Explore AI Data Center Development in Kazakhstan

MAAS subsidiary Huazhi Future signed a non-binding MOU with KT-Telecom LLP, a unit of Kazakhtelecom JSC, to explore the development of a large-scale AI data center in Ekibastuz, Kazakhstan. The proposed project intends to utilize Huazhi Future's 'Stars Distributed Intelligent Computing' architecture to provide computing capacity for AI applications in Central Asia. The MOU outlines preliminary intentions but does not obligate the parties to proceed with the project, make any investment, or enter into a definitive agreement.

•3mo ago

MAAS Subsidiary Huazhi Future Signs Strategic Enterprise AI Solutions Development Agreement with Zhongchuang Liankong

MAAS subsidiary Huazhi Future signed an agreement with Zhongchuang Liankong to develop a customized enterprise AI application system using the proprietary 'Lingyan Miaoyu' large language model. The project scope includes model customization, data engineering and secure on-premises deployment, with a total contract value exceeding RMB 10 million. Management expects the project to be completed within seven to eight weeks, with delivery scheduled for the third quarter of 2026.

•3mo ago

MAAS to Sell 49% Stake in Laixi Intelligent, Further Sharpening Its Focus on AI Strategy

MAAS agreed to sell its entire 49% equity interest in Qingdao Huiju Laixi Intelligent Technology Co., Ltd. for US$17 million in cash, payable in installments. The divestiture allows the company to exit the unmanned car wash business and optimize its portfolio, sharpening its focus on AI infrastructure, distributed computing, and large language models. CEO Min Zhou stated the move enhances financial flexibility and directs resources toward higher-value AI technology development.

•3mo ago

MAAS Launches Consumer Access Portal for Its Large Language Model “Lingyanmiaoyu,” Accelerating AI Commercialization Across Consumer Markets

MAAS has launched a consumer access portal for its proprietary large language model, Lingyanmiaoyu, expanding its reach from enterprise applications to the broader consumer market. The model utilizes a Mixture-of-Experts architecture with a 9 billion parameter scale, which aims to reduce computational costs while maintaining performance and concurrency. CEO Min Zhou stated that this launch is an important milestone in the company's AI development roadmap, highlighting the commercial scalability and operational efficiency of its proprietary technology.

•3mo ago

MAAS Announces Launch of Stars Distributed Intelligent Computing Center Project with its Partners, with a Total Planned Investment of up to RMB5 Billion

MAAS announced the launch of the "Stars Distributed Intelligent Computing Center Project" via its consolidated entity Huazhi Future, targeting a total planned investment of up to RMB5 billion. The 60-month project aims to build a "dual-core + multi-level edge" network to support national computing resource initiatives, featuring 50-100 modular edge nodes and centralized hubs in Ningxia and Xinjiang. The company has already deployed its first 4000 Petaflops edge node in Chongqing, with CEO Min Zhou noting the initiative will lower operating costs and optimize profitability.

•6mo ago