Maase (MAAS) director Li Jingkai reports zero share holdings on Form 3

Rhea-AI Filing Summary

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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Li Jingkai

Role Director

Type	Security	Shares	Price	Value
holding	Class A Ordinary Share	--	--	--
holding	Class B Ordinary Share	--	--	--

Holdings After Transaction: Class A Ordinary Share — 0 shares (Direct); Class B Ordinary Share — 0 shares (Direct)

Footnotes (1)

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Li Jingkai

(Last) (First) (Middle)

BUILDING 48

NO. 52 YANGZHOU ROAD

(Street)

QINGDAO SHANDONG 266600

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
11/28/2025

3. Issuer Name and Ticker or Trading Symbol
Maase Inc. [ MAAS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Share	0	D
Class B Ordinary Share	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Jingkai Li	03/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Maase (MAAS) director Li Jingkai’s Form 3 report show?

The Form 3 shows that director Li Jingkai currently reports owning no Class A or Class B Ordinary Shares of Maase Inc. This is an initial ownership statement required when someone becomes an insider.

Does Li Jingkai buy or sell any Maase (MAAS) shares in this Form 3?

No, this Form 3 does not report any buy or sell transactions. It simply establishes that Li Jingkai, a director of Maase Inc., reports zero Class A and Class B Ordinary Shares owned after the reporting date.

What is the purpose of a Form 3 for Maase (MAAS) insiders?

Form 3 is an initial ownership report that insiders must file when they become subject to SEC reporting rules. It discloses how many company shares they hold at that time, providing a baseline for future Form 4 and Form 5 updates.

Which Maase (MAAS) securities are covered in Li Jingkai’s Form 3?

The filing covers Class A Ordinary Shares and Class B Ordinary Shares of Maase Inc. For both classes, the Form 3 reports total shares following the reporting date as 0.0000, indicating no reported holdings.

Does this Maase (MAAS) Form 3 indicate any derivative or option positions?

No, the Form 3 data provided shows an empty derivativeSummary, meaning there are no disclosed options, warrants, or other derivative securities for Li Jingkai in this filing. It only addresses direct ownership of ordinary shares.