Maison Solutions forms Hong Kong AI software venture with Hangzhou Shengxianbao, Yiwu Yanghan

Reuters2026/07/28 10:07

By:Reuters

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Maison Solutions entered a formation agreement to create Hong Kong-based Maison AI Limited to develop AI software for grocery retail and supply-chain uses.
Subsidiary AZLL will subscribe for 200 of 222 shares, a 90.09% stake, in exchange for contributing software valued at USD 2 million.
Hangzhou Shengxianbao Technology and Yiwu Yanghan will each buy 11 shares, 4.96% apiece, for USD 110,000 each payable over six months.
Maison Solutions will retain a perpetual, non-exclusive, royalty-free license to use the contributed software internally.
Closing is targeted before March 31, 2027, subject to incorporation, approvals, lien releases, and execution of a shareholders agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maison Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-081956), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Maison Solutions forms Hong Kong AI software venture with Hangzhou Shengxianbao, Yiwu Yanghan

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