India, July 11 -- Maase Inc. (MAAS), a provider of financial technology services in China, Friday said it has signed a framework agreement with certain shareholders of Qingdao Youdian New Energy Technology Co., Ltd. and Qingdao Huijulaixi Intelligent Technology Co., Ltd. to acquire 100% stake in Youdian and 49% equity of LaiXi.
Youdian with two main business areas comprising electric vehicle (EV) services and residential energy solutions, offers a range of innovative products like "Xiaoli Charging" mobile charging robot.
LaiXi, a developer of intelligent unmanned systems, operates an automated manufacturing facility with an annual production capacity of 1,200 car washing machines.
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