CHENGDU, China — November 29, 2025 — Leads & Copy — Maase Inc. (NASDAQ: MAAS) has appointed Jingkai Li as a director and chairman of its board of directors, effective November 28, 2025.
Li succeeds Hong Suong Nguyen, who resigned from her positions as chairperson and director for personal reasons on the same date. With an executive master’s degree in business administration from Macau University of Science and Technology, Mr. Li’s appointment demonstrates the Board’s confidence in his management expertise, investment vision, and background in the green industry.
For over a decade, Li led Guangxi Qinyuan Environmental Protection Co., Ltd., where he developed a technology-driven, cross-regional environmental protection industrial group. His experience includes operational management and industrial integration within the resource recycling sector, which provides him with a understanding of the “green economy” sector that MAAS focuses on.
This understanding will enable him to provide strategic guidance for Maase’s business areas, including energy storage batteries. Li also has experience in industrial investment, having made early and strategic investments in the new energy and smart technology sectors, and has been involved in the investment and integration of multiple high-tech projects.
In a statement, Li said he is honored to assume the role of chairman at this pivotal moment for MAAS, adding that the Company has already shown significant potential in smart car wash, energy storage battery, and wellness businesses.
He said he plans to leverage his experience in the green industry and strategic investment to foster collaborative innovation across MAAS’s business units and help the Company seize opportunities emerging from new energy and intelligent technology trends. Li said he looks forward to working with the team to create sustainable, long-term value for shareholders and society.
Maase Inc. was founded in 2010 and formerly known as Highest Performances Holdings Inc. and Puyi Inc. and has evolved with a mission to enhance the quality of life for families worldwide by leveraging technological intelligence and capital investments. The Company dedicates itself to investing in high-quality enterprises with global potential, focusing on areas such as artificial-intelligence services, advanced deep-tech solutions, and science-backed health and wellness products.
Maase Inc. Tel: +86-028-86762596 Email: ir@maaseai.com
Source: Maase Inc.
