If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
Note to Row 7, 9, 11: Includes 367,774 Class A ordinary shares and 1,275,000 Class B ordinary shares Note to Row 13: The percentage calculation is based on 20,935,271 ordinary shares, including 13,435,271 Class A ordinary shares and 7,500,000 Class B ordinary shares, of the Issuer outstanding as of December 22, 2025.


SCHEDULE 13D


 
Maase Inc.
 
Signature:/s/ Min Zhou
Name/Title:Min Zhou /Vice-Chairperson of the Board, Chief Executive Officer
Date:12/23/2025

Exhibit 1

 

DIRECTORS AND EXECUTIVE OFFICERS OF MAASE INC.

 

The business address of each of the following directors and executive officers is 12F, Block B, Longhu Xicheng Tianjie No. 399 Huazhaobi Xishun Street, Jinniu District, Chengdu Sichuan Province, People’s Republic of China.

 

Name   Citizenship   Position
Jingkai Li   PRC   Chairman of the Board
Min Zhou   PRC   Vice-Chairman of the Board and Chief Executive Officer
Guotao Liu   PRC   Co-Chief Executive Officer
Yuanfen Yang   PRC  

Chief Financial Officer, Vice President and Head of Finance Department

Kwan Pui Chui   Hong Kong, China   Independent Director
Yingying Li   PRC   Independent Director
Pei Yu   PRC   Independent Director