Core Viewpoint - Maase Inc. has successfully completed the acquisition of Real Prospect Limited, enhancing its position in the new energy and smart mobility sectors [1][2][5] Acquisition Details - The acquisition involved MAAS acquiring 100% equity interests in Real Prospect from Arts Wing Limited and Ace Long Limited, issuing 98,002,174 Class A ordinary shares at an issue price of US$1.50 per share [2] - The sellers now hold approximately 30.64% of the total issued shares and about 10% of the total voting power, with a 36-month lock-up period for the shares held by Arts Wing Limited [2] Target Company Overview - Real Prospect includes Qingdao Youdian New Energy Technology Co., Ltd., which focuses on electric vehicle services and residential energy solutions, and Qingdao Huiju Lai Xi Intelligent Technology Co., Ltd., specializing in intelligent unmanned systems [2][5] - Youdian has launched the "Xiaoli Charging" mobile charging robot with various intelligent charging options and offers innovative residential energy products [3] - Laixi is recognized for its automated car wash systems and mobile in-car charging technology, featuring advanced IoT systems and a patented low-temperature car wash system [4] Strategic Implications - The acquisition allows MAAS to leverage Youdian's R&D capabilities and Laixi's expertise, accelerating the development of mobile charging and household energy storage solutions [5] - MAAS aims to build a competitive ecosystem for intelligent, connected, and sustainable energy services by integrating intelligent charging, IoT automation, and renewable energy innovations [5] Company Background - Maase Inc. was founded in 2010 and has evolved to focus on intelligent technology-driven services, aiming to enhance the quality of life through technological intelligence and capital investments [6]
MAAS Announces Completion of Strategic Acquisition of Real Prospect Limited, Officially Enters New-Energy Technologies and Intelligent Services Sector
Globenewswireยท2025-10-28 20:10