{"success":true,"data":{"pressRelease":{"id":"167670","rtpr_id":"nGNX4FQmjN-20261013","ticker":"MAAS","exchange":"NASDAQ","all_tickers":["MAAS"],"title":"Maase Inc. Appoints Baoxue Xu as Co-Chief Technology Officer to Lead Energy Technology Development","author":"Globe Newswire","published_at":"2026-10-13T13:00:02.007Z","article_body":"QINGDAO, China, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Maase Inc.\n(https://www.globenewswire.com/Tracker?data=0_rqOK2ZmloQ0nqutTCbFSYuhe95SyVymvQO369i1JUQP4mqwo7xZVXGNblcFo2T3w7Qpck6phg97vjh1lR9JQ==)\n(NASDAQ: MAAS) (“MAAS” or the “Company”), an artificial intelligence\n(“AI”)-centric full-scene digital systems provider and operator, today\nannounced the appointment of Mr. Baoxue Xu as Co-Chief Technology Officer, in\ncharge of the energy solutions division, effective October 13, 2026.\n\nIn this specialized executive role, Mr. Xu will directly oversee the research,\nengineering, and global commercialization of MAAS’s energy solutions,\nincluding high-power battery energy storage systems (BESS), smart battery\nmanagement systems (BMS), energy management systems (EMS), and advanced\nautonomous mobile charging robotics.\n\nMr. Xu brings more than two decades of experience in embedded systems, vehicle\nelectronics, industrial Internet of Things, battery management, energy\nstorage, and intelligent control. He has held General Manager positions at\nQingdao Guibao Electronic Technology Co., Ltd. since January 2016 and at\nQingdao Maisi Intelligent Technology Co., Ltd. since January 2026, where he\nhas led the development of vehicle connectivity systems, BMS and EMS\nplatforms, distributed energy storage systems, industrial power solutions, and\nintelligent mobile charging equipment.\n\nMr. Xu is a Senior Engineer and holds a bachelor’s degree in Computer\nScience and Technology from Qingdao Institute of Architectural Engineering\n(now Shandong University of Science and Technology) and a master’s degree in\nPower Systems and Automation from Shandong University of Technology (now\nShandong University). Most recently, in 2026, he began leading joint research\nwith CRRC Qingdao Sifang Co., Ltd. on autonomous mobile charging robots\nincorporating intelligent navigation and robotic arms for automated charging\noperations. He has also participated in the formulation of the group standard\n“Smart Mobile Charging Robots for New Energy Vehicles” (Project No.\n2025-064T-CAEE), organized by the China Electronic Equipment Technology\nDevelopment Association.\n\nMin Zhou, Chief Executive Officer of MAAS, commented: “We are pleased to\nwelcome Mr. Xu to MAAS’s executive leadership team. Together with Dr.\nZhifeng Li, who was recently appointed as the Company’s Chief Technology\nOfficer responsible for AI technology strategy, we will establish a\ncomplementary dual-engine technology leadership structure across AI computing\nand smart energy. Mr. Xu’s expertise in energy storage, power electronics,\nand autonomous charging will strengthen the integration of intelligent\ncomputing infrastructure with smart energy systems and support the Company’s\nnext phase of technology development and commercialization.”\n\nMr. Xu commented: “I am honored to join MAAS as Co-Chief Technology Officer\nin charge of the energy solutions division. Reliable energy infrastructure,\nintelligent load management, and autonomous power replenishment are becoming\nincreasingly important to AI data centers and green mobility. I look forward\nto working alongside Dr. Li and the broader MAAS technology team to advance\nour complementary capabilities in AI computing and smart energy and expand the\ncommercial application of our BESS, EMS, and intelligent charging\ntechnologies.”\n\nAbout MAAS\n\nMaase Inc. (NASDAQ: MAAS) an integrated provider and operator of an artificial\nintelligence (“AI”) -centric full-scene digital systems. Our businesses\nfocus on areas of flexible energy deployment and intelligent commercial\nnetwork operation, and provide closed-loop solutions from computing\ninfrastructure, smart hardware and full-scene services, aiming to achieve\nlarge-scale implementation of AI technologies across industries. Powered by\nour dual engines of intelligent technology and ecosystem integration, through\nstrategic industry consolidation and continuous improvement in operations, our\nmission is to build up an open and collaborative industrial ecosystem and\nprovide our customers with efficient, reliable and sustainable intelligent\nproducts and solutions. We will continuously explore and consolidate\nhigh-quality technological and commercial resources globally and explore\nindustrial application scenarios of AI technologies. For more information,\nvisit https://ir.maaseai.com.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements as defined by the\nPrivate Securities Litigation Reform Act of 1995. Forward-looking statements\ninclude statements concerning plans, objectives, goals, strategies, future\nevents or performance, and underlying assumptions and other statements that\nare other than statements of historical facts. When MAAS uses words such as\n“may”, “will”, “intend”, “should”, “believe”,\n“expect”, “anticipate”, “project”, “estimate” or similar\nexpressions that do not relate solely to historical matters, it is making\nforward-looking statements. Forward-looking statements are not guarantees of\nfuture performance and involve risks and uncertainties that may cause the\nactual results to differ materially from MAAS’s expectations discussed in\nthe forward-looking statements. These statements are subject to uncertainties\nand risks including, but not limited to, the following: MAAS’s goals and\nstrategies; MAAS’s future business development; product and service demand\nand acceptance; changes in technology; economic conditions; reputation and\nbrand; the impact of competition and pricing; government regulations;\nfluctuations in general economic and business conditions in China and the\ninternational markets MAAS serves and assumptions underlying or related to any\nof the foregoing and other risks contained in reports filed by MAAS with the\nSecurities and Exchange Commission. For these reasons, among others, investors\nare cautioned not to place undue reliance upon any forward-looking statements\nin this press release. Additional factors are discussed in MAAS’s filings\nwith the U.S. Securities and Exchange Commission, which are available for\nreview at www.sec.gov. MAAS undertakes no obligation to publicly revise these\nforward-looking statements to reflect events or circumstances that arise after\nthe date hereof.\n\nInvestor Relations Contact\nFor more information, please contact:\nInvestor Relations\nPhone: +86-532-66030885\nEmail: ir@maaseai.com\nWebsite: https://ir.maaseai.com/\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4FQmjN-20261013","title":"Maase Inc. Appoints Baoxue Xu as Co-Chief Technology Officer to Lead Energy Technology Development","author":"Globe Newswire","ticker":"MAAS","created":"2026-10-13T13:00:02.007Z","tickers":["MAAS"],"exchange":"NASDAQ","article_body":"QINGDAO, China, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Maase Inc.\n(https://www.globenewswire.com/Tracker?data=0_rqOK2ZmloQ0nqutTCbFSYuhe95SyVymvQO369i1JUQP4mqwo7xZVXGNblcFo2T3w7Qpck6phg97vjh1lR9JQ==)\n(NASDAQ: MAAS) (“MAAS” or the “Company”), an artificial intelligence\n(“AI”)-centric full-scene digital systems provider and operator, today\nannounced the appointment of Mr. Baoxue Xu as Co-Chief Technology Officer, in\ncharge of the energy solutions division, effective October 13, 2026.\n\nIn this specialized executive role, Mr. Xu will directly oversee the research,\nengineering, and global commercialization of MAAS’s energy solutions,\nincluding high-power battery energy storage systems (BESS), smart battery\nmanagement systems (BMS), energy management systems (EMS), and advanced\nautonomous mobile charging robotics.\n\nMr. Xu brings more than two decades of experience in embedded systems, vehicle\nelectronics, industrial Internet of Things, battery management, energy\nstorage, and intelligent control. He has held General Manager positions at\nQingdao Guibao Electronic Technology Co., Ltd. since January 2016 and at\nQingdao Maisi Intelligent Technology Co., Ltd. since January 2026, where he\nhas led the development of vehicle connectivity systems, BMS and EMS\nplatforms, distributed energy storage systems, industrial power solutions, and\nintelligent mobile charging equipment.\n\nMr. Xu is a Senior Engineer and holds a bachelor’s degree in Computer\nScience and Technology from Qingdao Institute of Architectural Engineering\n(now Shandong University of Science and Technology) and a master’s degree in\nPower Systems and Automation from Shandong University of Technology (now\nShandong University). Most recently, in 2026, he began leading joint research\nwith CRRC Qingdao Sifang Co., Ltd. on autonomous mobile charging robots\nincorporating intelligent navigation and robotic arms for automated charging\noperations. He has also participated in the formulation of the group standard\n“Smart Mobile Charging Robots for New Energy Vehicles” (Project No.\n2025-064T-CAEE), organized by the China Electronic Equipment Technology\nDevelopment Association.\n\nMin Zhou, Chief Executive Officer of MAAS, commented: “We are pleased to\nwelcome Mr. Xu to MAAS’s executive leadership team. Together with Dr.\nZhifeng Li, who was recently appointed as the Company’s Chief Technology\nOfficer responsible for AI technology strategy, we will establish a\ncomplementary dual-engine technology leadership structure across AI computing\nand smart energy. Mr. Xu’s expertise in energy storage, power electronics,\nand autonomous charging will strengthen the integration of intelligent\ncomputing infrastructure with smart energy systems and support the Company’s\nnext phase of technology development and commercialization.”\n\nMr. Xu commented: “I am honored to join MAAS as Co-Chief Technology Officer\nin charge of the energy solutions division. Reliable energy infrastructure,\nintelligent load management, and autonomous power replenishment are becoming\nincreasingly important to AI data centers and green mobility. I look forward\nto working alongside Dr. Li and the broader MAAS technology team to advance\nour complementary capabilities in AI computing and smart energy and expand the\ncommercial application of our BESS, EMS, and intelligent charging\ntechnologies.”\n\nAbout MAAS\n\nMaase Inc. (NASDAQ: MAAS) an integrated provider and operator of an artificial\nintelligence (“AI”) -centric full-scene digital systems. Our businesses\nfocus on areas of flexible energy deployment and intelligent commercial\nnetwork operation, and provide closed-loop solutions from computing\ninfrastructure, smart hardware and full-scene services, aiming to achieve\nlarge-scale implementation of AI technologies across industries. Powered by\nour dual engines of intelligent technology and ecosystem integration, through\nstrategic industry consolidation and continuous improvement in operations, our\nmission is to build up an open and collaborative industrial ecosystem and\nprovide our customers with efficient, reliable and sustainable intelligent\nproducts and solutions. We will continuously explore and consolidate\nhigh-quality technological and commercial resources globally and explore\nindustrial application scenarios of AI technologies. For more information,\nvisit https://ir.maaseai.com.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements as defined by the\nPrivate Securities Litigation Reform Act of 1995. Forward-looking statements\ninclude statements concerning plans, objectives, goals, strategies, future\nevents or performance, and underlying assumptions and other statements that\nare other than statements of historical facts. When MAAS uses words such as\n“may”, “will”, “intend”, “should”, “believe”,\n“expect”, “anticipate”, “project”, “estimate” or similar\nexpressions that do not relate solely to historical matters, it is making\nforward-looking statements. Forward-looking statements are not guarantees of\nfuture performance and involve risks and uncertainties that may cause the\nactual results to differ materially from MAAS’s expectations discussed in\nthe forward-looking statements. These statements are subject to uncertainties\nand risks including, but not limited to, the following: MAAS’s goals and\nstrategies; MAAS’s future business development; product and service demand\nand acceptance; changes in technology; economic conditions; reputation and\nbrand; the impact of competition and pricing; government regulations;\nfluctuations in general economic and business conditions in China and the\ninternational markets MAAS serves and assumptions underlying or related to any\nof the foregoing and other risks contained in reports filed by MAAS with the\nSecurities and Exchange Commission. For these reasons, among others, investors\nare cautioned not to place undue reliance upon any forward-looking statements\nin this press release. Additional factors are discussed in MAAS’s filings\nwith the U.S. Securities and Exchange Commission, which are available for\nreview at www.sec.gov. MAAS undertakes no obligation to publicly revise these\nforward-looking statements to reflect events or circumstances that arise after\nthe date hereof.\n\nInvestor Relations Contact\nFor more information, please contact:\nInvestor Relations\nPhone: +86-532-66030885\nEmail: ir@maaseai.com\nWebsite: https://ir.maaseai.com/\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-13T13:00:02.479831098Z","server_sent_at_ms":1791896402479},"received_at":"2026-10-13T13:00:02.530Z","source_url":null},"analysis":{"id":"155961","press_release_id":"167670","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":[],"eventType":"executive_change","narrative":"Maase Inc. (NASDAQ: MAAS) appointed Baoxue Xu as Co-Chief Technology Officer in charge of the energy solutions division, effective October 13, 2026.\n\nMr. Xu brings more than two decades of experience in battery management, energy storage, and industrial IoT, and will oversee BESS, BMS, EMS, and autonomous mobile charging robotics commercialization.\n\nCEO Min Zhou said Xu and recently appointed CTO Dr. Zhifeng Li will form a dual-engine technology leadership structure spanning AI computing and smart energy.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine Co-CTO hire to spearhead energy storage and charging robotics -- boilerplate executive appointment."},"keyFigures":{},"quotedText":"We will establish a complementary dual-engine technology leadership structure across AI computing and smart energy","namedEntities":{"people":[{"name":"Baoxue Xu","role":"Co-Chief Technology Officer, energy solutions division"},{"name":"Min Zhou","role":"CEO"},{"name":"Dr. Zhifeng Li","role":"Chief Technology Officer, AI technology strategy"}],"products":["battery energy storage systems (BESS)","battery management systems (BMS)","energy management systems (EMS)","autonomous mobile charging robots"],"companies":[{"name":"Maase Inc.","ticker":"MAAS","relationship":"filer"},{"name":"Qingdao Guibao Electronic Technology Co., Ltd.","relationship":"Mr. Xu's prior employer"},{"name":"Qingdao Maisi Intelligent Technology Co., Ltd.","relationship":"Mr. Xu's prior employer"},{"name":"CRRC Qingdao Sifang Co., Ltd.","relationship":"research partner"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Appointment of a Co-CTO to lead the energy solutions division is a routine executive addition, not a departure of a CEO/CFO, and has no immediate financial impact disclosed."},"tickerRelevance":{"others":[],"primary":"MAAS"},"globalImportance":10,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"routine-executive-appointment","issuerAuthored":true}},"event_type":"executive_change","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Maase Inc. (NASDAQ: MAAS) appointed Baoxue Xu as Co-Chief Technology Officer in charge of the energy solutions division, effective October 13, 2026.\n\nMr. Xu brings more than two decades of experience in battery management, energy storage, and industrial IoT, and will oversee BESS, BMS, EMS, and autonomous mobile charging robotics commercialization.\n\nCEO Min Zhou said Xu and recently appointed CTO Dr. Zhifeng Li will form a dual-engine technology leadership structure spanning AI computing and smart energy.","key_figures":{},"named_entities":{"people":[{"name":"Baoxue Xu","role":"Co-Chief Technology Officer, energy solutions division"},{"name":"Min Zhou","role":"CEO"},{"name":"Dr. Zhifeng Li","role":"Chief Technology Officer, AI technology strategy"}],"products":["battery energy storage systems (BESS)","battery management systems (BMS)","energy management systems (EMS)","autonomous mobile charging robots"],"companies":[{"name":"Maase Inc.","ticker":"MAAS","relationship":"filer"},{"name":"Qingdao Guibao Electronic Technology Co., Ltd.","relationship":"Mr. Xu's prior employer"},{"name":"Qingdao Maisi Intelligent Technology Co., Ltd.","relationship":"Mr. Xu's prior employer"},{"name":"CRRC Qingdao Sifang Co., Ltd.","relationship":"research partner"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-13T13:00:16.527Z","global_importance":10,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"routine-executive-appointment","issuerAuthored":true}},"durationMs":4870,"modelName":"glm-5.3-flashx"}}