Welcome to our dedicated page for Maase SEC filings (Ticker: MAAS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Maase Inc. (NASDAQ: MAAS) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a foreign private issuer. Maase Inc. files reports on Form 20-F and Form 6-K under the Securities Exchange Act of 1934, reflecting its status as a China-based financial technology and services group with expanding interests in new energy technologies, intelligent unmanned systems, and healthcare and wellness.
Through these filings, investors can follow key corporate events and structural changes. Recent Form 6-K reports describe share transfer agreements involving Puyi Group Limited and Puyi Holdings (Hong Kong) Limited and state that, upon completion of the transaction, Maase Inc. will cease all fund product distribution operations. Other 6-K filings detail the transaction agreements and subsequent completion of acquisitions such as Carve Group Ltd and Real Prospect Limited, which give Maase Inc. ownership interests in businesses focused on wild-grown ginseng resources, bird’s nest biotechnology, new energy technologies, and intelligent unmanned car wash systems.
Filings also document capital markets activity, including a private placement of Class A ordinary shares and warrants, with explanations of the dual-class share structure and the intended use of proceeds for business plans, working capital, and other corporate purposes. Additional 6-K reports cover changes to the company’s Chinese name, approved by the board of directors, and provide context for how Maase Inc. aligns its branding with its evolving business focus.
On Stock Titan, these SEC filings are updated in step with EDGAR and paired with AI-powered summaries that highlight the main terms of each transaction, shifts in business lines, and governance changes. Users can quickly locate Maase Inc.’s current reports, understand the implications of share transfers, acquisitions, and private placements, and review how the company describes its strategic direction in its own regulatory language.
Maase Inc. director Li Jingkai has filed an initial Form 3, which is the first ownership report required for insiders. The filing shows that Li reports holding no Class A Ordinary Shares and no Class B Ordinary Shares of Maase Inc. following this filing.
Maase Inc. Co-Chief Executive Officer Liu Guotao has filed an initial Form 3 reporting no share ownership in the company. The filing lists entries for both Class A Ordinary Shares and Class B Ordinary Shares with total shares following the report shown as zero for each class.
Maase Inc. director and co-chief executive officer Zhou Min filed an initial ownership report on Form 3. The filing shows that, as of January 24, 2025, Zhou Min reported no direct holdings of either Class A Ordinary Shares or Class B Ordinary Shares of Maase Inc., and it does not disclose any buy or sell transactions.
Maase Inc. director Yu Pei filed an initial ownership report showing no current stake in the company. The Form 3 lists positions in both Class A Ordinary Shares and Class B Ordinary Shares, with total shares following the reporting date recorded as zero for each class.
Maase Inc. Chief Financial Officer Shi Jiaxing filed an initial insider ownership report. The Form 3 shows zero Class A Ordinary Shares and zero Class B Ordinary Shares beneficially owned directly after the reported date, indicating no current reported equity holdings in the company.
Maase Inc. director Li Yingying filed an initial ownership report indicating no beneficial holdings in the company. The filing shows Li directly owning 0 Class A Ordinary Shares and 0 Class B Ordinary Shares of Maase Inc. as of the reported date.
Maase Inc. director CHUI KWAN PUI filed an initial ownership report on Form 3. The filing lists Class A Ordinary Shares and Class B Ordinary Shares with total shares following the report shown as 0 for each class as of January 24, 2025.
Maase Inc. filed a Form 6-K to present detailed financial information on its acquisition of Real Prospect Limited, completed on October 28, 2025. Maase agreed to issue 98,002,174 Class A ordinary shares at a purchase price of US$1.5 per share as consideration.
Real Prospect’s audited combined results for the year ended June 30, 2025 show net revenues of RMB189 and a net loss of RMB1,354, with net cash used in operating activities of RMB977. The auditor highlighted a material uncertainty related to going concern, citing losses and limited cash. As of June 30, 2025, Real Prospect held total assets of RMB160,773, including an equity method investment of RMB112,649, and an accumulated deficit of RMB1,374.
Unaudited pro forma condensed combined financials show Maase and Real Prospect together, including recognition of RMB922,571 of goodwill and a pro forma net loss attributable to Maase ordinary shareholders of RMB199,458 for the year ended June 30, 2025. The filing is also incorporated by reference into Maase’s existing Form S-8 registration statement.
Maase Inc. has provided detailed financial information for its acquisition of Carve Group Ltd, which it completed on August 27, 2025. Maase is issuing 195,894,609 Class A ordinary shares at US$1.5 per share as consideration. The report includes Carve’s audited 2024–2025 financial statements and combined pro forma figures showing how Maase and Carve would look as a single group as of June 30, 2025.
Carve generated RMB3,483 thousand in revenue and a net loss of RMB1,775 thousand for the year ended June 30, 2025, and its auditor highlighted a material uncertainty about its ability to continue as a going concern because of a RMB41,438 thousand working-capital deficit and accumulated deficit of RMB33,202 thousand. Much of Carve’s balance sheet is tied to long-lived ginseng inventory and related payables. The pro forma data illustrate the enlarged asset base and loss position after including Carve, without predicting future performance.
Maase Inc. reports it is in advanced negotiations to acquire Shandong Sandi Water Purification Technology Co., Ltd., a leading provider of drinking water pipe system solutions in China. The target’s valuation is expected to be approximately RMB700 million.
Maase plans to pay the purchase consideration in newly issued Class A ordinary shares with a par value of US$0.09 each, at a purchase price of US$1.8 per share. The companies are finalizing definitive agreements, and, subject to customary closing conditions, Maase expects to complete the acquisition within twelve months. Extensive forward-looking statement language highlights that the transaction may not close and that business results could differ materially from current expectations.