Mergers & Acquisitions ·
On July 17, 2026, Maase Inc. entered into an agreement to sell its 49% equity interest in Qingdao Huiju Laixi…
MAASMaase Inc.
On July 17, 2026, Maase Inc. entered into an agreement to sell its 49% equity interest in Qingdao Huiju Laixi Intelligent Technology Co., Ltd. to Galaxicore Holdings Limited for US$17 million in cash. The consideration will be paid in three installments: 20% immediately, 50% at closing, and 30% within 30 days after closing. The transaction is expected to close by the end of August 2026. This divestiture of the unmanned car wash business is intended to optimize the company's portfolio and refocus resources on AI infrastructure, large language models, and industrial AI applications. Maase Inc. is an AI-centric full-scene digital systems provider and operator.