Maase Inc. to Acquire Times Good for RMB1.1 Billion in AI Ecosystem Expansion

Reuters
01/26
Maase Inc. to Acquire Times Good for RMB1.1 Billion in AI Ecosystem Expansion

Maase Inc. has entered into an agreement to acquire 100% of Times Good Limited, which controls the core assets and operations of Huazhi Future (Chongqing) Technology Co., Ltd. and its subsidiaries. Huazhi Group is recognized as a leading provider of computing power and algorithm solutions in China. This acquisition, valued at approximately RMB1.1 billion, will be settled through a combination of 87,400,144 Class A ordinary shares of Maase Inc. and a cash payment of US$26 million within a year of closing. The shares issued will be subject to a 60-month lock-up period. The transaction is expected to be completed by the end of February 2026 and will enable Maase Inc. to establish a full-stack AI ecosystem, integrating computing power, intelligent algorithms, smart hardware, and comprehensive scenario-based services.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maase Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9631335) on January 23, 2026, and is solely responsible for the information contained therein.

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