Maase INC. (MAAS) — SEC Filings

Overview

Maase INC. (MAAS) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 6-K filed on Dec 31, 2025: On December 31, 2025, Maase Inc. announced a change in its Chief Financial Officer, with Ms. Yuanfen Yang stepping into the role. The company, formerly known as Highest Performances Inc. and PUYI, INC., is incorporated in E9 and has its fiscal year end on June 30. Its principal executive offices are

Sentiment Summary

Across 50 filings, the sentiment breakdown is: 3 bullish, 46 neutral, 1 mixed. The dominant filing sentiment for Maase INC. is neutral.

Filing Type Overview

Maase INC. (MAAS) has filed 45 6-K, 2 20-F, 1 SC 13D/A, 1 SC 13G/A, 1 SC 13D with the SEC between Jan 2024 to Mar 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (50)

• 6-K Filing — 6-K · Mar 31, 2026
• Maase Inc. Appoints New CFO, Yuanfen Yang — 6-K · Dec 31, 2025 Risk: low
  On December 31, 2025, Maase Inc. announced a change in its Chief Financial Officer, with Ms. Yuanfen Yang stepping into the role. The company, formerly known as
• 6-K Filing — 6-K · Dec 19, 2025
• 6-K Filing — 6-K · Dec 12, 2025
• 6-K Filing — 6-K · Nov 28, 2025
• Maase Inc. Exits VIE Structure, Completes Reverse Stock Split — 20-F · Oct 29, 2025 Risk: medium
  Maase Inc. (MAAS) reported significant corporate restructuring and strategic shifts for the fiscal year ended June 30, 2025. The company terminated its American
• Maase Inc. Files 6-K, Reports as Foreign Private Issuer — 6-K · Oct 28, 2025 Risk: low
  Maase Inc. filed a Form 6-K on October 28, 2025, reporting as a foreign private issuer. The filing indicates the company will file annual reports under Form 20-
• Maase Inc. Reports Puyi Group Limited Share Transfer — 6-K · Sep 30, 2025 Risk: low
  Maase Inc. (formerly Highest Performances Holdings Inc. and PUYI, INC.) filed a Form 6-K on September 30, 2025, reporting a share transfer of Puyi Group Limited
• Maase Inc. Changes Chinese Name — 6-K · Sep 29, 2025 Risk: low
  On September 29, 2025, Maase Inc. (MAAS) announced a change to its Chinese name. The company, formerly known as Highest Performances Holdings Inc. and PUYI, INC
• Maase Inc. Reports Subsidiary Share Transfer — 6-K · Sep 18, 2025 Risk: low
  Maase Inc. reported a share transfer of its subsidiary, Puyi Holdings (Hong Kong) Limited, on September 1, 2025. The company, formerly known as Highest Performa
• Maase Inc. Files 6-K, Reports as Foreign Private Issuer — 6-K · Aug 28, 2025 Risk: low
  Maase Inc. filed a Form 6-K on August 28, 2025, reporting as a foreign private issuer for the month of August 2025. The filing includes a press release as Exhib
• Maase Inc. Announces Management Appointment — 6-K · Aug 12, 2025 Risk: low
  Maase Inc. announced on August 11, 2025, a new management appointment. The company, formerly known as Highest Performances Holdings Inc. and PUYI, INC., is a fo
• Maase Inc. Enters Transaction Agreement — 6-K · Jul 29, 2025 Risk: medium
  On July 28, 2025, Maase Inc. (NASDAQ: MAAS) entered into a Transaction Agreement. The filing does not disclose the specific details or counterparty of this agre
• Maase Inc. Enters Transaction Agreement — 6-K · Jul 18, 2025 Risk: medium
  On July 18, 2025, Maase Inc. (NASDAQ: MAAS) entered into a Transaction Agreement. The filing does not specify the other party involved in the agreement or any f
• Maase Inc. Signs Securities Purchase Agreement — 6-K · Jul 3, 2025 Risk: medium
  On July 3, 2025, Maase Inc. entered into a Securities Purchase Agreement. The filing does not disclose the other party to the agreement or the specific terms of
• Maase Inc. Announces Reverse Stock Split and Listing Update — 6-K · Jun 18, 2025 Risk: medium
  Maase Inc. announced on June 18, 2025, an update regarding its substitution listing and a 1-for-90 reverse stock split. The company previously filed a Form 6-K
• Maase Inc. Reports Extraordinary General Meeting Results — 6-K · Jun 3, 2025 Risk: low
  Maase Inc. filed a Form 6-K on June 3, 2025, reporting the results of its Extraordinary General Meeting. The company, formerly known as Highest Performances Inc
• Highest Performances Holdings Inc. Reports H1 FY2025 Unaudited Results — 6-K · May 20, 2025 Risk: medium
  Highest Performances Holdings Inc. filed a Form 6-K on May 20, 2025, to report its unaudited financial results for the first half of its fiscal year 2025, cover
• Highest Performances Holdings Inc. to Terminate ADR Facility — 6-K · May 13, 2025 Risk: medium
  Highest Performances Holdings Inc. announced on May 13, 2025, its plan to terminate its American Depositary Receipt (ADR) facility and to convene an Extraordina
• Highest Performances Holdings Sells AIFU Inc. ADSs — 6-K · May 8, 2025 Risk: medium
  On May 6, 2025, Highest Performances Holdings Inc. sold 2,353,617 American Depositary Shares (ADSs) of AIFU Inc., representing 47,072,340 Class A ordinary share
• Highest Performances Holdings Inc. Regains Nasdaq Bid Price Compliance — 6-K · Apr 30, 2025 Risk: medium
  Highest Performances Holdings Inc. (HPH) announced on April 30, 2025, that it has regained compliance with the Nasdaq minimum bid price requirement. This follow
• Highest Performances Holdings Inc. to change Nasdaq ticker to MAAS — 6-K · Apr 29, 2025 Risk: low
  Highest Performances Holdings Inc. announced on April 29, 2025, its plan to change its ticker symbol on the Nasdaq stock exchange from "HPH" to "MAAS". The comp
• Highest Performances Holdings Inc. to Change ADS Ratio — 6-K · Apr 8, 2025 Risk: medium
  Highest Performances Holdings Inc. announced on April 8, 2025, its plan to implement a change in the ratio of its American Depositary Shares (ADSs). The company
• Highest Performances Holdings Inc. Director Resigns — 6-K · Apr 1, 2025 Risk: low
  Highest Performances Holdings Inc. announced on March 31, 2025, that Mr. Ziming Huang has resigned from his position on the board of directors, effective immedi
• Highest Performances Holdings Inc. Board Changes Announced — 6-K · Jan 27, 2025 Risk: medium
  Highest Performances Holdings Inc. announced a change in its Board of Directors on January 24, 2025. The company, formerly known as PUYI, INC., is a foreign pri
• Highest Performances Holdings Inc. Reports Change in Certifying Accountant — 6-K · Jan 23, 2025 Risk: medium
  On January 23, 2025, Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K to report a change in its certifying accountant. The company, whi
• Highest Performances Holdings Inc. Issues Class B Shares — 6-K · Jan 6, 2025 Risk: medium
  On December 30, 2024, Highest Performances Holdings Inc. (HPH) entered into share subscription agreements to issue Class B Ordinary Shares. The filing does not
• Highest Performances Holdings Inc. Files 6-K Report — 6-K · Nov 26, 2024 Risk: low
  Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K on November 26, 2024, for the month of November 2024. The filing indicates the company
• Highest Performances Holdings Inc. Files November 2024 6-K Report — 6-K · Nov 22, 2024 Risk: low
  Highest Performances Holdings Inc. filed a Form 6-K on November 22, 2024, to report its activities for November 2024. The filing includes a press release as Exh
• Highest Performances Holdings Inc. Files 2024 Annual Report — 20-F · Nov 15, 2024 Risk: medium
  Highest Performances Holdings Inc. filed its annual report on Form 20-F for the fiscal year ended June 30, 2024. The company, formerly known as PUYI, INC., is b
• Highest Performances Holdings Inc. Reports EGM Results — 6-K · Oct 31, 2024 Risk: low
  Highest Performances Holdings Inc. filed a Form 6-K on October 31, 2024, to report the results of its extraordinary general meeting (EGM) and a separate class m
• Highest Performances Holdings Inc. Files 6-K Report — 6-K · Oct 15, 2024 Risk: low
  Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K on October 15, 2024, reporting its activities for the month of October 2024. The filin
• Highest Performances Holdings Inc. Files 6-K Report — 6-K · Oct 1, 2024 Risk: low
  Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K on October 1, 2024, reporting for the month of October 2024. The filing indicates the
• Highest Performances Holdings Inc. Files 6-K with Meeting Notices — 6-K · Sep 30, 2024 Risk: low
  Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K on September 30, 2024, for the month of September 2024. The filing includes a press re
• Highest Performances Holdings Inc. Files 6-K Report — 6-K · Jul 9, 2024 Risk: low
  Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K on July 9, 2024, reporting as a foreign private issuer. The filing includes a press re
• Highest Performances Holdings Inc. Files 6-K Report — 6-K · Jun 24, 2024 Risk: low
  Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K on June 24, 2024, reporting for the month of June 2024. The company, incorporated in E
• Highest Performances Holdings Inc. Files 6-K Report — 6-K · May 30, 2024 Risk: low
  Highest Performances Holdings Inc. filed a Form 6-K on May 30, 2024, to report its status as a foreign private issuer. The filing indicates the company will fil
• Highest Performances Holdings amends FANHUA INC. filing — SC 13D/A · May 8, 2024 Risk: medium
  Highest Performances Holdings Inc. filed an amendment (No. 1) to its Schedule 13D on May 8, 2024, regarding its beneficial ownership of FANHUA INC. The filing i
• Highest Performances Holdings Inc. Files 6-K Report — 6-K · May 7, 2024 Risk: low
  Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K on May 7, 2024, reporting as a foreign private issuer. The filing includes a press rel
• Highest Performances Holdings Inc. Files 6-K Report — 6-K · Apr 30, 2024 Risk: low
  Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K on April 30, 2024, reporting for the month of April 2024. The company, incorporated in
• Highest Performances Holdings Signs Share Purchase Agreement — 6-K · Apr 16, 2024 Risk: medium
  Highest Performances Holdings Inc. announced a Share Purchase Agreement with GEM GLOBAL YIELD LLC SCS and GEM YIELD BAHAMAS LIMITED on April 13, 2024. The compa
• Highest Performances Holdings Inc. Dismisses Auditor Marcum Asia — 6-K · Apr 2, 2024 Risk: medium
  Highest Performances Holdings Inc. announced on April 2, 2024, that it has dismissed Marcum Asia CPAs LLP as its independent registered public accounting firm,
• Highest Performances Holdings Inc. Files March 2024 6-K Report — 6-K · Mar 28, 2024 Risk: low
  Highest Performances Holdings Inc. (formerly PUYI, INC.) filed a Form 6-K on March 28, 2024, to report its activities for the month of March 2024. The filing in
• Highest Performances Holdings Inc. Announces EGM Results — 6-K · Mar 13, 2024 Risk: low
  Highest Performances Holdings Inc. announced the results of its extraordinary general meeting (EGM) held on March 13, 2024. The company, formerly known as PUYI,
• Puyi Inc. Files 6-K, CEO Hu Yinan Signs Off — 6-K · Feb 20, 2024 Risk: low
  Puyi Inc., a foreign private issuer, filed a Form 6-K with the SEC on February 20, 2024, for the month of February 2024. The filing indicates that the company f
• Liu Jia Amends Puyi Inc. Stake to 17.67M Shares, Sole Voting Power — SC 13G/A · Feb 5, 2024
  Liu Jia, a citizen of St. Kitts and Nevis, filed an amended Schedule 13G/A on February 5, 2024, reporting beneficial ownership of 17,670,666 Ordinary Shares of
• Puyi Secures Up To $500M Investment From Singapore's White Group — 6-K · Feb 2, 2024
  Puyi Inc. (NASDAQ: PUYI), a Chinese wealth management firm, announced on February 2, 2024, a framework agreement with Singapore White Group Pte. Ltd. for a pote
• Puyi Inc. Schedules Extraordinary General Meeting for Feb 22, 2024 — 6-K · Jan 25, 2024
  Puyi Inc. (NASDAQ: PUYI), a Chinese wealth management firm, announced on January 25, 2024, that it will hold an Extraordinary General Meeting (EGM) for sharehol
• Puyi Secures $13M Investment from New Dragon Group — 6-K · Jan 16, 2024
  Puyi Inc. (NASDAQ: PUYI), a Chinese wealth management firm, announced on January 16, 2024, that it secured a US$13 million investment from New Dragon Group (Far
• PUYI, INC. Discloses Significant Stake in FANHUA INC. via SC 13D — SC 13D · Jan 5, 2024
  PUYI, INC. filed an SC 13D on January 5, 2024, disclosing its acquisition of ordinary shares in FANHUA INC. The filing indicates that PUYI, INC. now holds a sig

Risk Profile

Risk Assessment: Of MAAS's 41 recent filings, 0 were flagged as high-risk, 17 as medium-risk, and 24 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Key Executives

• Yuanfen Yang
• Yang Yuanfen
• Ziming Huang
• Yinan Hu
• Lihong Zhai
• Min Zh
• Hu Yinan

Industry Context

Maase Inc. operates within the financial services sector in China, which is characterized by evolving regulatory landscapes and a growing demand for investment and asset management services. The company's strategic shifts, including the termination of VIE structures and divestitures, suggest a move towards a more streamlined and compliant operational model within this dynamic market.

Top Tags

foreign-private-issuer (19) · 6-K (10) · corporate-action (9) · foreign-issuer (8) · press-release (5) · reporting (5) · shareholder-meeting (4) · filing-update (3) · compliance (3) · sec-filing (3)

Key Numbers

• Par value per Class A and Class B ordinary share: $0.09 — Increased from $0.001 post-Share Consolidation on June 23, 2025
• Total ordinary shares outstanding: 15,917,241 — As of June 30, 2025, including 9,250,573 Class A and 6,666,668 Class B shares
• Reverse stock split ratio: 1-for-90 — Implemented on June 20, 2025, consolidating shares
• New ADS ratio: 1 ADS to 90 Class A ordinary shares — Adjusted on April 14, 2025, from 2 ADSs to 3 Class A ordinary shares
• Exchange rate: RMB7.1636 to US$1.00 — Used for translations on June 30, 2025
• Equity interest in AIFU: 27.98% — Held by Maase Inc. as of June 30, 2025
• Voting power in AIFU: 50.47% — Held by Maase Inc. as of June 30, 2025
• Authorized Class A ordinary shares: 4,000,000,000 — Part of the increased authorized share capital of $450,000,000 as of June 23, 2025
• Authorized Class B ordinary shares: 1,000,000,000 — Part of the increased authorized share capital of $450,000,000 as of June 23, 2025
• SEC File Number: 001-38813 — Identifies the specific filing with the SEC.
• Report Date: 20250828 — The filing is for the period ending August 28, 2025.
• Reverse Stock Split Ratio: 1-for-90 — This significant consolidation aims to reduce the number of outstanding shares.
• ADSs Sold: 2,353,617 — Represents the volume of AIFU Inc. shares Highest Performances Holdings Inc. divested.
• Ordinary Shares: 47,072,340 — The underlying number of Class A ordinary shares of AIFU Inc. sold by Highest Performances Holdings Inc.
• Fiscal Year End: 2024 — The report covers the fiscal year ending June 30, 2024.

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