Maase Subsidiary Lands RMB 76.8 Million Deal With Beijing VirtAI

Maase Inc. (NASDAQ: MAAS ) is trending Tuesday after the company announced that its subsidiary, Huarong Future (Sichuan) Technology Co. Ltd. signed a computing services agreement with Beijing VirtAI Technology Co. Ltd. worth RMB 76.8 million. Maase shares are advancing steadily. Why is MAAS stock trading higher? Maase Subsidiary Inks Agreement With Beijing VirtAI Under the 12-month agreement, Huarong Future will provide enterprise-grade high-performance computing services through a cluster designed to deliver over 450P of FP16 computing power under non-sparse conditions, capable of supporting large language model training, inference, and other high-performance AI workloads. Beyond computing capacity, Huarong Future will also provide technical consulting and ongoing operational support, including troubleshooting across hardware, equipment, and system platform layers. “This partnership with VirtAI Tech represents an important step in the commercial expansion of our computing service business,” said Dr. Zhifeng Li, Chief Technology Officer of Maase. “It reflects our capability to execute large-scale, enterprise-grade computing deployments and validates our integrated strengths in comp