MAAS Subsidiary, Huazhi Future, Explores Green AI Computing Collaboration with Xinjiang Delegation and CGN
Maase (NASDAQ: MAAS) announced that subsidiary Huazhi Future hosted a delegation from Jimunai County, Altay Prefecture, Xinjiang, and China General Nuclear Power Group (CGN) to explore cooperation in green energy and AI intelligent computing infrastructure.
Rhea-AI Summary
Maase (NASDAQ: MAAS) announced that subsidiary Huazhi Future hosted a delegation from Jimunai County, Altay Prefecture, Xinjiang, and China General Nuclear Power Group (CGN) to explore cooperation in green energy and AI intelligent computing infrastructure.
Discussions covered Huazhi Future’s distributed intelligent computing centers, vertical AI solutions, and its new Star Distributed Intelligent Computing Center Project, focused on rapid deployment, energy efficiency, and regional industrial applications in western China.
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Details
News Market Reaction – MAAS
In the May 19 session, MAAS gained 7.56%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Planned project investment
- RMB5 billion
- Stars Distributed Intelligent Computing Center plan (Apr 22, 2026)
- Build schedule
- 60 months
- Stars Distributed Intelligent Computing Center plan
- Yinchuan servers
- 512 servers
- Dual-core data center in Yinchuan
- Yiwu servers
- 256 servers
- Dual-core data center in Yiwu, Xinjiang
- Edge node capacity
- 4000P
- First deployed edge node in Lengshui Town, Chongqing
- Outstanding shares
- 442,175,578 shares
- Post-acquisition share count as of Mar 30, 2026
- Acquisition value
- RMB1.1 billion
- Consideration for Times Good/Huazhi acquisition
- Cash component
- US$26,000,000
- Cash portion of Times Good/Huazhi acquisition
Historical Context
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Launch of Stars Distributed Intelligent Computing Center with up to RMB5B spend.
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Completion of Huazhi Future acquisition to build full-stack AI capability.
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Delivery of 20 mobile charging robots expanding into Southwest China.
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Agreement to acquire Times Good/Huazhi for RMB1.1B in shares and cash.
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Appointment of new chairman with background in environmental and new energy.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
distributed intelligent computing centers technical
intelligent computing infrastructure technical
AI computing centers technical
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QINGDAO, China, May 19, 2026 (GLOBE NEWSWIRE) -- Maase Inc. (NASDAQ: MAAS) (“MAAS” or the “Company”), an integrated provider and operator of an AI-centric full-scene digital systems, today announced that its subsidiary, Huazhi Future (Chongqing) Technology Co., Ltd. (“Huazhi Future”), hosted a high-level delegation from the investment promotion team of Jimunai County, Altay Prefecture, Xinjiang and representatives from China General Nuclear Power Group (“CGN”), to explore collaboration in green energy and intelligent computing infrastructure.
During the meeting, Mr. Qiang Zeng, General Manager of Huazhi Future, outlined Huazhi Future’s strategy for developing distributed intelligent computing centers and vertical AI solutions. He highlighted that Huazhi Future is accelerating the integration of “compute-power + energy” through standardized, modular infrastructure, enabling rapid deployment and efficient delivery of AI computing resources while expanding industry-specific AI solutions and operational services.
Additionally, Mr. Zeng introduced Huazhi Future’s recently launched “Star Distributed Intelligent Computing Center Project,” highlighting its features of rapid deployment and energy-efficiency, which can provide flexible and scalable computing support for regional industries.
The parties also discussed green energy utilization, AI computing center development and potential cooperation in relevant areas.
“This engagement introduces our compute-energy synergy model combining green energy and AI computing centers to the public. Future cooperation will advance implementation of our node strategy in western region of China. There will be opportunities for distributed AI computing center development and industrial applications in the region,” said Mr. Zeng, General Manager of Huazhi Future.
About Maase
We are an integrated provider and operator of an artificial intelligence (“AI”) -centric full-scene digital systems. Our businesses focus on areas of flexible energy deployment and intelligent commercial network operation, and provide closed-loop solutions from computing infrastructure, smart hardware and full-scene services, aiming to achieve large-scale implementation of AI technologies across industries. Powered by our dual engines of intelligent technology and ecosystem integration, through strategic industry consolidation and continuous improvement in operations, our mission is to build up an open and collaborative industrial ecosystem and provide our customers with efficient, reliable and sustainable intelligent products and solutions. We will continuously explore and consolidate high-quality technological and commercial resources globally and explore industrial application scenarios of AI technologies.
Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When MAAS uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from MAAS’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: MAAS’s goals and strategies; MAAS’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets MAAS serves and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by MAAS with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in MAAS’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. MAAS undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact: Investor Relations Phone: +86-532-66030885 Email: ir@maaseai.com Maase Inc.
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