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

Reuters
2026.01.26 07:01
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Maase Inc. has agreed to acquire 100% of Times Good Limited for approximately RMB1.1 billion, which includes 87,400,144 Class A shares and a cash payment of US$26 million. The acquisition aims to enhance Maase's AI ecosystem by integrating computing power, algorithms, and smart hardware. The transaction is expected to close by February 2026, with shares subject to a 60-month lock-up period. This move positions Maase Inc. as a leader in the AI sector in China.