Maase (MAAS) investor relations material

Strategic transformation and business evolution

• Shifted from a traditional financial distribution platform to an AI and energy infrastructure provider within 12 months, divesting legacy insurance and wealth management assets and acquiring core businesses in intelligent computing and mobile charging.

• Rebranded and repositioned as an AI infrastructure provider, focusing on edge computing, self-developed large language models (LLMs), and a mobile charging network.

Financial and operational performance

• Generated RMB 71.93 million in computing power revenue and RMB 22.91 million in algorithm segment revenue for the LTM ended June 30, 2025.

• Mobile charging business achieved 866% revenue growth in six months, transitioning from pilot validation to scalable commercial deployment.

• FY25 net revenues declined 34.1% YoY due to legacy business divestment, with life insurance still comprising 80% of FY25 revenue mix.

Technology and product capabilities

• Developed LingYanMiaoYu LLM with 90B parameters and 128K context length, supporting industry-specific applications and rapid deployment.

• Built an elastic computing resource pool with 3,000P schedulable power, five operational nodes, and advanced heterogeneous GPU scheduling (>96.4% success rate).

• Mobile charging solutions feature proprietary BMS/EMS, flexible deployment, and a networked service model, enabling high-frequency, data-driven monetization.