Maase

What Maase does

Maase Inc. (NASDAQ: MAAS) is a China-incorporated, US-listed technology company that operates a full-stack AI ecosystem spanning proprietary large models, distributed computing infrastructure, intelligent hardware, and industry-specific applications. Founded in 2010 and listed on NASDAQ in 2019, the company has reorganized itself since 2025 through three acquisitions — Carve Group (Aug 2025), Real Prospect Limited (Oct 2025) and Times Good Limited controlling Huazhi Future (Mar 2026, RMB 1.1 billion) — moving from a 'scenario operator' to what it describes as an 'AI industry player' with end-to-end control of computing infrastructure, proprietary algorithms and intelligent hardware. Core technology assets include the Lingyan Miaoyu large language model (9 billion parameters, MoE architecture, registered with the Cyberspace Administration of China), the Stars Distributed Intelligent Computing Center (planned dual-core hubs in Yinchuan and Yiwu plus 50-100 edge nodes), EMAI industrial AI agents, and the Xiaoli mobile charging robot (150 kWh capacity, 80 kW fast charging, V2V rescue). Revenue streams span AI compute subscriptions (5-year contracts on NVIDIA A100 SXM4 80GB), transaction-based mobile charging services, outcome-based electricity-cost optimization (Dian Gai Tong, targeting 5-10% reduction), smart-lithium-battery hardware sales and energy storage virtual-power-plant operations. Customers are primarily government agencies, large enterprises (mining, blockchain, industrial IoT, ride-hailing, roadside assistance) and EV fleet operators served through direct enterprise sales, the Huazhi Future subsidiary (high-performance computing and AI algorithm R&D) and an app-based mobile charging channel. The Qingdao-based group operates offices and data centers in Qingdao, Chongqing, Yinchuan and Yiwu, is led by CEO Zhou Min and Co-CEO Liu Guotao with Chairman Jingkai Li appointed in November 2025, and reported a RMB 1.85 billion loss while undergoing this strategic transformation.

Name

Maase

Legal name

Maase Inc.

Website

https://maaseai.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Maase Inc. (NASDAQ: MAAS) is a China-based, US-listed full-stack AI infrastructure provider offering proprietary large models, distributed computing centers, mobile charging robots, and smart energy services to government agencies, large enterprises, and EV fleet operators.

Ownership category

akta.pro rank

Product category

AI Infrastructure & Smart Energy

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer and Peripheral Equipment Manufacturing (33411)

SIC

Electronic Computers (3571), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

AI Server Systems & HGX/Accelerator Platforms (HDAAAAAB)

akta.pro secondary industries

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA), AI Datacenter Power, Cooling & Racks (liquid cooling, power delivery) (HDAAAAAH)

Keywords

• AI computing infrastructure
• Mobile charging robots
• Smart energy solutions
• Large language models
• Distributed data centers

Headquarters

HQ city

Guangdong

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. AI Computing Infrastructure Services: Revenue from providing AI computing power, model services, and infrastructure deployment including the Stars Distributed Intelligent Computing Center. Includes 5-year stable computing support contracts with enterprises.
2. Smart Mobile Charging Services: Revenue from Xiaoli mobile charging robot deployment, V2V rescue services, and on-demand charging. Includes service fees for charging delivery, energy arbitrage through storage operations, and grid ancillary services participation.
3. Smart Energy Optimization: 'Dian Gai Tong' (电改通) product helping enterprises reduce electricity costs by 5-10% through power market trading optimization, with revenue from long-term profit-sharing arrangements. 'Zhi Hui Jia You' (智慧加油) provides fuel discount information and navigation services.
4. Smart Lithium Battery Products: Sales of LiFePO4 battery products including stationary batteries for trucks, UTVs, go-karts, and marine applications. Revenue from product sales and after-sales service.
5. Industrial AI Solutions: Customized AI solutions for enterprise digital transformation including digital twin carbon signing systems, smart mining safety platforms, and EMAI industrial agent platforms.
6. Energy Storage Operations: Peak-valley price arbitrage through distributed energy storage assets. Aggregated assets participate in virtual power plant programs for grid ancillary services, demand response revenue, and capacity compensation.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Maase Inc. (NASDAQ: MAAS) operates a full-stack AI ecosystem combining a proprietary 9-billion-parameter MoE large language model (Lingyan Miaoyu), a distributed AI computing infrastructure (Stars Intelligent Computing Center with dual-core hubs and 50–100 edge nodes), smart energy hardware (Xiaoli mobile charging robots, LiFePO4 batteries, storage cabinets), and AI-powered energy dispatch and industrial solutions. Offerings are delivered as AI compute services, on-demand mobile EV charging, electricity cost optimization, and industrial AI applications for government, enterprise, and consumer users.

Product overview

MAAS operates as a full-stack AI infrastructure provider offering an integrated portfolio of AI computing platforms, intelligent energy hardware, and industry-specific solutions. The core offerings include the Lingyan Miaoyu large model (9B parameter MoE architecture) as the proprietary AI foundation, the Stars Distributed Intelligent Computing Center for computing infrastructure spanning dual-core data centers and 50-100 edge nodes, the EMAI platform with 1500+ modules for enterprise AI agents, and the Xiaoli mobile charging robot ecosystem for intelligent mobile energy services. These products are unified through MAAS's intelligent dispatch system and AI-EMS energy management platform, which orchestrate distributed computing resources, energy storage assets, and charging operations. Supporting offerings include smart lithium battery technology, commercial energy storage cabinets, V2V charging rescue, fixed charging stations, Dian Gai Tong electricity optimization, and Zhi Hui Jia You smart fueling services. The portfolio spans from AI model capabilities (Lingyan Miaoyu, EMAI) through hardware (charging robots, batteries, storage) to software platforms (dispatching, energy management, digital twins).

Differentiator

Problem solved

Functional benefit

Brands

• Lingyan Miaoyu (灵言妙语): MAAS's self-developed large language model with MoE architecture, 9 billion parameters, registered with Chinese authorities.
• Stars Distributed Intelligent Computing Center (星辰分布式智算中心)
• Xiaoli Charging (小锂移动充电)
• LUMI
• EMAI
• CW-MQL
• 电改通
• 智慧加油

Products and services

• Lingyan Miaoyu Large Model (灵言妙语大模型) Proprietary large language model with 9 billion parameters using Mixture-of-Experts (MoE) architecture that dynamically activates selected expert networks during inference, reducing per-inference cost. Registered with China's Cyberspace Administration for compliant deployment. Sold to enterprise and developer customers as a foundation AI model platform.
• Stars Distributed Intelligent Computing Center (星辰分布式智算中心) Distributed AI computing infrastructure with dual-core data centers in Yinchuan (Ningxia) and Yiwu (Xinjiang), plus 50–100 edge computing nodes. Three-layer 'dual-core + multi-level edge + unified platform' architecture. Provides 5-year stable computing power contracts using NVIDIA A100 SXM4 80GB GPUs. Sold to enterprise and government customers needing AI model training, inference, and high-concurrency task scheduling.
• Xiaoli Mobile Charging Robot (小锂移动充电机器人) Autonomous mobile charging robot with 150kWh capacity and 80kW fast charging delivering 200km range in 15 minutes. Features L4 autonomous driving with LiDAR+vision fusion, collaborative robotic arm for automatic plug-unplug, V2V charging support, and storage-charging integration. Delivered through app-based ordering for EV owners, ride-hailing fleets, and roadside assistance operators.
• EMAI Industrial Application Agents (EMAI产业应用智能体) Enterprise AI agent platform with 1500+ function modules supporting multi-agent collaboration. Integrates AI digital humans, AI customer service, and unmanned livestreaming for content production, interactive services, and commercial conversion. Sold to enterprise customers for marketing and customer engagement automation.
• Commercial/Industrial Energy Storage Cabinet (工商业储能柜) Distributed energy storage hardware for peak-valley arbitrage and grid services. Features 9 independent PACK boxes with hot-swapping capability, 1C-2C fast charging, 3-minute battery swap mode, reducing maintenance costs by 70%. Sold to commercial and industrial energy users for cost optimization and virtual power plant participation.
• V2V Charging Rescue (V2V互助式充电救援) Vehicle-to-vehicle mobile charging rescue service with 30-60kW output and 30-minute charging providing 200km rescue range for stranded EVs. Sold to roadside assistance operators and fleet operators.
• Xiaoli Fixed Charging Stations (小锂固定充电桩) Fixed EV charging infrastructure providing reliable charging foundation for electric vehicles with smart charging capabilities. Sold to commercial property operators, parking facilities, and EV charging network operators.
• Starter Lithium Battery (驻车启动锂电池) LiFePO4 starter battery for vehicles with 15C ultra-high discharge rate, 1000A+ peak current, -30°C cold start capability, and 4000+ cycle life at 80% capacity retention. Sold to automotive aftermarket and vehicle operators for emergency starts.
• Dian Gai Tong (电改通) AI-powered electricity cost optimization service helping enterprises reduce electricity costs by 5-10% through power market trading mechanisms without changing suppliers, usage patterns, or distribution equipment. Sold to commercial and industrial energy users on outcome-based profit-sharing.
• Zhi Hui Jia You (智慧加油) Smart fuel service platform using AI pricing algorithms and personalized recommendations to provide real-time fuel price information and gas station navigation. Sold as a service to individual drivers and small business fleet operators.
• LUMI Guardian-Class Embodied AI Robot (LUMI 守护级具身智能机器人) Embodied AI robot ecosystem product for home scenarios covering home safety perception, emergency communication, intelligent elder companionship, health management, and long-term household memory systems. Developed in partnership with Galaxyeye. Sold to consumer households for home safety and elder care applications.
• AI Anti-Violation Platform for Mining Safety (AI反三违平台) Computer vision platform for mining operations detecting helmet violations, unauthorized zone entry, abnormal gatherings, and equipment risks. Integrates video feeds with edge inference for real-time safety alerts. Sold as a customized enterprise AI solution to mining operators.

Quantifiable outcome

• 5-10% electricity cost reduction for enterprise customers
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability12 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Hangzhou Galaxyeye Technology Co., Ltd. (北冥星眸)coreStrategic or Co-development Partner · 27 May 2026Strategic partnership for building embodied AI home ecosystem. Galaxyeye brings proprietary 'One Brain, Multiple Forms' architecture and general long-term memory infrastructure. Collaboration spans embodied AI cognitive systems, home vertical applications, and industry ecosystem integration. Partnership aims to enhance LUMI robot's home scenario capabilities.
• China Power Computing Technology Application (Beijing) Co., Ltd.coreStrategic or Co-development Partner · 22 April 2026Strategic partner in Stars Distributed Intelligent Computing Center Project. Partnership involves building a three-layer 'dual-core + multi-level edge + unified platform' architecture with centralized computing centers and 50-100 edge nodes.
• Sino-International Yuzhi (Chongqing) Technology Co., Ltd.coreStrategic or Co-development Partner · 22 April 2026Strategic partner in Stars Distributed Intelligent Computing Center Project. Partnership for establishing the computing center infrastructure supporting China's East-to-West Computing Resource Transfer national initiative.
• Times Good Limited (Huazhi Future)coreStrategic or Co-development Partner · 23 January 2026MAAS agreed to acquire Times Good Limited, which controls Huazhi Future Technology and subsidiaries, in a RMB 1.1 billion transaction. Huazhi Group specializes in high-performance computing and AI algorithm R&D, serving government sectors and large enterprises. Transaction completed March 30, 2026.
• Real Prospect LimitedcoreStrategic or Co-development Partner · 28 October 2025MAAS completed acquisition of Real Prospect Limited, including subsidiaries in new energy and intelligent systems sectors, focusing on EV services, residential energy solutions, and intelligent unmanned systems. This expanded MAAS into the new energy and smart mobility sectors.
• National University of SingaporeminorOthersAcademic partnership in MAAS's broader ecosystem network.
• Tsinghua University (清华大学)minorOthersResearch collaboration in MAAS's technology ecosystem network.
• Peking University (北京大学)minorOthersAcademic partnership in MAAS's broader ecosystem network.
• Chongqing University (重庆大学)minorOthersAcademic partnership in MAAS's ecosystem network.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Vertiv Holdings: Global leader in AI data center power, cooling, and rack infrastructure. Overlaps with MAAS's Stars Computing Center buildout and Huazhi Future's 800VDC research focus, particularly for liquid cooling and high-density compute deployments.
• CATL (Contemporary Amperex Technology): World's largest battery manufacturer with significant LiFePO4 and energy storage capabilities. Competes with MAAS's Qingdao Maisi subsidiary in smart lithium batteries and commercial energy storage cabinet products.
• Alibaba Cloud (Aliyun): Dominant Chinese cloud and AI infrastructure provider. Listed as MAAS partner, Alibaba Cloud competes broadly in AI compute, model services (Qwen), and enterprise AI platforms with much greater scale and resources.
• Equinix: Global data center operator with significant Asia-Pacific presence including China-adjacent markets. Relevant comparable for MAAS's distributed computing center strategy and enterprise compute service business model.
• Baidu: Chinese tech giant with leading AI cloud (Baidu Cloud), ERNIE large language model, and Apollo autonomous driving efforts. Competes with MAAS across AI infrastructure, LLM, and autonomous/embodied AI applications.

Direct peers

• Inspur Electronic Information Industry: Major Chinese AI server and computing infrastructure provider. Listed as MAAS partner, Inspur competes in the same HGX/accelerator platform and data center buildout space that MAAS's Stars Computing Center addresses.
• SenseTime: Leading Chinese AI company with computer vision and large model capabilities. Listed as MAAS partner, SenseTime competes directly in enterprise AI, vision platforms, and intelligent computing services across China.
• TELD (Star Charge): One of China's largest EV charging operators with extensive fixed and mobile charging infrastructure. Directly competes with MAAS's Xiaoli mobile charging robots and fixed charging station business, with significant scale advantages.

Emerging players

• iFlytek: Chinese AI leader specializing in speech, NLP, and large language models. Competes with MAAS's Lingyan Miaoyu in vertical AI applications, particularly in government and enterprise segments where both compete for Chinese public sector contracts.
• NIO: Chinese premium EV maker with proprietary battery swap and mobile charging initiatives. Overlaps with MAAS's V2V charging rescue and mobile energy services, with NIO's Power Swap station network a comparable adjacent service.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries7 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maase