Maase shares surge 10.52% intraday after agreeing to acquire Huazhi Group to build full-stack AI ecosystem.

Maase Inc. surged 10.52% intraday following its announcement of a RMB1.1 billion acquisition of Times Good, owner of Huazhi Group, to expand its full-stack AI ecosystem. The deal, structured as 87.4 million A-class shares and $26 million in cash, aims to integrate Huazhi’s high-performance computing and AI algorithm capabilities into MAAS’s operations, enhancing its hardware-software synergy. The transaction, expected to close by late February 2026, aligns with MAAS’s strategy to strengthen its AI-driven technology stack and support digital transformation in sectors like public security and enterprise services. The acquisition, coupled with MAAS’s existing 6-month total return of 44.96%, signals investor optimism about its strategic expansion, despite the stock’s historically high volatility.