Maase Inc. Signs New Agreement to Sell Puyi Group Limited for RMB 70 Million After Terminating Previous Deal
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Maase Inc. has signed a new agreement to sell its subsidiary, Puyi Group Limited, to Echoes Group Ltd for RMB 70 million after terminating a previous deal. The transaction, which includes all equity interests in Puyi Group's subsidiaries, has received board approval and is expected to close by the end of September 2025, subject to customary conditions. Upon completion, Maase Inc. will exit its fund product distribution operations. This information was disclosed in a Form 6-K filing.
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