USAMAAS▲2
Maase to sell 49% stake in Laixi Intelligent for $17 million
Maase Inc. has agreed to sell its indirect 49% stake in Qingdao Huiju Laixi Intelligent Technology for $17 million in cash. The company said it will no longer hold an interest in the unmanned car wash business after the transaction closes. Maase plans to redirect capital toward AI infrastructure, distributed computing, large language models, intelligent hardware, and industrial AI applications.