Maase Inc. Acquires Qingdao Youdian New Energy, Expands into New Energy Tech.

Maase Inc. has signed a non-binding framework agreement to acquire 100% equity of Qingdao Youdian New Energy Technology Co. and 49% equity of Qingdao Huijulaixi Intelligent Technology Co. The transaction is expected to close in Q3 2025, marking a strategic expansion into new energy technology and intelligent service sectors. Youdian is an innovative tech company with a focus on electric vehicle services and residential energy solutions, and has established itself as an industry leader.

Maase Inc. (NASDAQ: MAAS) has announced a strategic move by signing a non-binding framework agreement to acquire 100% equity of Qingdao Youdian New Energy Technology Co. (Youdian) and 49% equity of Qingdao Huijulaixi Intelligent Technology Co. (LaiXi). The transaction, expected to close in the third quarter of 2025, marks a significant expansion into the new energy technology and intelligent service sectors.

Youdian, established as an innovative technology company, specializes in electric vehicle (EV) services and residential energy solutions. The company's "Xiaoli Charging" mobile charging robot, available in various models from 20kWh to 150kWh, addresses the challenges posed by fixed charging systems. In the residential energy sector, Youdian offers portable energy storage units and charging/discharging devices, catering to both household and outdoor environments.

LaiXi, founded in 2021, is a leader in unmanned car wash systems and mobile in-car charging technology. With an annual production capacity of 1,200 car washing machines, LaiXi plans to deploy 100,000 service stations across 300 cities, aiming to serve 50 million vehicle owners within five years. Their automated manufacturing facility and patented low-temperature car wash system, operational at -13°C, demonstrate the company's technological prowess.

The acquisition represents a strategic expansion for MAAS, enhancing its competitive position in the new energy and intelligent service sectors. However, the non-binding nature of the framework agreement means several hurdles remain, including finalizing definitive documentation and regulatory approvals. Investors should monitor this preliminary stage for execution risk as the deal progresses toward the targeted Q3 2025 closing.

References:

[1] https://www.stocktitan.net/news/MAAS/maas-announces-signing-of-acquisition-framework-6frmh5tedol6.html