MAAS Completes Acquisition of Huazhi Future

MAAS Inc. (NASDAQ: MAAS) has completed its acquisition of 100% equity interests in Times Good Limited, which controls Huazhi Future (Chongqing) Technology Co., Ltd. and its subsidiaries. The acquisition was consummated on March 30, 2026, after being previously disclosed on January 23, 2026.

Huazhi Group specializes in high-performance computing and AI algorithm R&D, including computing power resource integration and algorithm development. The company also has domain expertise in smart governance across public security, emergency management, agriculture, forestry, and water resources, and in enterprise digital transformation. MAAS says it will vertically integrate computing infrastructure, proprietary algorithms, intelligent hardware, and operational services to build a closed-loop, full-stack AI ecosystem.

As of March 30, 2026, MAAS reported 442,175,578 ordinary shares outstanding (435,508,910 Class A and 6,666,668 Class B).