Maase FY25 net loss swings to RMB 1.85 billion; revenue turns to RMB 3.14 million

• Maase posted a net loss of RMB 1.85 billion for the six months ended Dec. 31, 2025, swinging from net income a year earlier.
• Operating loss widened to RMB 18.8 million from RMB 1.45 million, while net revenues turned to RMB 3.14 million from no revenue.
• Discontinued operations swung to a net loss of RMB 1.83 billion from net income, driving the overall result.
• Balance-sheet cash and cash equivalents fell to RMB 1.54 million at Dec. 31, 2025 from RMB 243,000 at June 30, 2025.
• Company reshaped its portfolio in 2025, exiting wealth management and insurance agency while acquiring Carve Group and Real Prospect.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maase Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-070850), on June 23, 2026, and is solely responsible for the information contained therein.