NaaS Technology Inc

NaaS Technology, Inc. operates as an electric vehicle charging service provider. The firm maintains the largest EV charging network in China in terms of the charging volume transacted through its charging network for third-party charging station operators, and the number of public DCFCs (direct current fast charger with 30kW power output or more) connected to its network. The company was founded by Zhen Dai and Yang Wang and is headquartered in Beijing, China.

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NaaS Technology Inc achieves first profit milestone amidst revenue surge

NaaS Technology Inc's Q2 2024 performance reflects strong financial growth, marked by revenue and gross profit increases alongside operational efficiency improvements.
The company's focus on autonomous charging solutions, AI advancements, and strategic partnerships underpin its strengths and growth potential in the market.
While challenges in sustaining profitability and managing operational costs exist, opportunities in market expansion and technological innovation offer avenues for future growth.
Overall, NaaS Technology Inc's financial success in Q2 2024 sets a positive trajectory for continued growth and innovation in the electric vehicle charging sector.

NaaS Technology Inc reports record profits and eyes EV market dominance

NaaS Technology Inc's Q3 performance reflects positive financial growth, operational efficiency, and strategic positioning in the EV charging market.
While challenges in maintaining profitability and managing costs persist, the company's focus on core services and technology offers avenues for sustained success.
Opportunities lie in scaling operations, leveraging partnerships, and advancing technology to drive future growth and profitability for NaaS Technology Inc.

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NaaS Technology, Inc. engages in the provision of electric vehicle charging services. The firm maintains an EV charging network in China through its charging network for third-party charging station operators, and the number of public DCFCs (direct current fast charger with 30kW power output or more) connected to its network. The company was founded by Zhen Dai and Yang Wang on July 16, 2013 and is headquartered in Beijing, China.

BEIJING , Feb. 2, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included within the investment portfolio of PMC Diversified Equity Fund (PMDEX) in the fourth quarter of 2023. According to recently released SEC Form 13F data on US-based institutional investors, PMDEX, a mutual fund under the umbrella of global Turnkey Asset Management Platform (TAMP) giant Envestnet, has turned its attention to China's charging services market.

NaaS Technology Secured Investment from TAMP Giant Envestnet's Mutual Fund

BEIJING , Jan. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included in the most recent investment portfolio of the Carbon Collective Climate Change Solutions ETF (CCSO.O). This is the first time for NaaS to be held by an actively managed ETF.

NaaS Technology Included in the Investment Portfolio of Carbon Collective Climate Change Solutions ETF (CCSO.O)

BEIJING , Jan. 25, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced its successful attainment of CE certification from the European Union for its full product portfolio of 14 charging pile models. These models are designed specifically for markets in Europe, the Middle East, and Asia-Pacific regions and are also available for go-to-sale in these regions.

NaaS Technology's Full Portfolio of Charging Pile Products Obtained CE Certification from the European Union

BEIJING, Dec. 29, 2023 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has recently been listed in several indexes, including the BITA iClima Distributed Decentralized and Digital Renewable Energy Index, CSI China Mainland Enterprises Global Composite Index, CSI China Mainland Enterprises Global Industrials Composite Index, CSI Overseas China Five-Year Plan Index, CSI Overseas China Urbanization Index and Wind China Capital 100 Index. The BITA iClima Distributed Decentralized and Digital Renewable Energy Index was created in September 2022, and seeks to track global companies with exposure to innovative development surrounding renewable energy.

NaaS Technology Included in Multiple Renowned Indexes

BEIJING , Dec. 21, 2023 /PRNewswire/ -- On December 15, the 13th Hong Kong International Financial Forum & the Golden Bauhinia Awards Ceremony 2023 kicked off under the theme "Take on a New Look and Write a New Chapter" in Hong Kong. The event was jointly hosted by Ta Kung Wen Wei Media Group, the Listed Companies Association of Beijing, the Hong Kong Chinese Enterprises Association, Chinese Financial Association of Hong Kong, Chinese Securities Association of Hong Kong and the Hong Kong Chartered Governance Institute.

NaaS Won the "Best Listed Company at ESG Information Disclosure"

BEIJING , Dec. 21, 2023 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, announces that it has amended and restated its previously adopted Amended and Restated New 2022 Share Incentive Plan, to expand the number of Class A ordinary shares available for grant of awards. The amendment was approved by the board of directors of the Company and takes effects on December 20, 2023.

NaaS Technology Inc. Announces Amendment of Share Incentive Plan

HONG KONG , Dec. 20, 2023 /PRNewswire/ -- On December 20, NaaS (NASDAQ: NAAS), a global new energy asset operator and its subsidiary Sinopower Holding (Hong Kong) Co., Ltd. (Sinopower HK) formed strategic partnerships with Shandong Hi-Speed New Energy Group Limited (SHNE) (01250.HK).

NaaS Technology Establishes Strategic Partnership with SHNE to Jointly Build New Energy Market

DUBAI, UAE, Dec. 15, 2023 /PRNewswire/ -- "The era of global warming has ended, and the era of global boiling has arrived." In July 2023, the UN Secretary-General Guterres sounded a new cautionary note of global warming.

Focused on COP28 and Green Practice, NaaS Technology "Takes Actions" for Achieving Carbon Neutrality in Transport Energy Sector

DUBAI, UAE, Dec. 15, 2023 /PRNewswire/ -- On December 10, 2023 (Beijing Time), Zhai Yubo, General Manager of NaaS Technology Carbon-Neutrality Business, at "Digital Industry and AI from Perspective of Low Carbon", a "China Pavilion" session during the 28th Conference of the Parties (COP28) under the United Nations Framework Convention on Climate Change (UNFCCC), delivered a speech on Managing Watts with Bits--Carbon Emissions Reduction Program in New Energy Transformation, outlining how NaaS (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, drives transport energy transformation with cuts in carbon emissions through digital innovation-driven practice, under the global trend of electricity taking over from oil. Co-organized by Alibaba Group and NaaS, the occasion was graced by presence of Xu Qinghua, Head of National Center for Climate Change Strategy and International Cooperation (NCSC), Erik Solheim, Co-Chairman of Europe-Asia Center & President of BRI International Green Development Coalition (BRIGC), and Nebojsa Nakicenovic, Deputy Director-General of European Commission's Group of Chief Scientific Advisors who addressed.

1.463 Million Tons of Carbon Emissions Curtailed by NaaS in H1 2023, Ensuring Stability and Efficiency of Global Transport Energy System

DUBAI, UAE, Dec. 14, 2023 /PRNewswire/ -- On December 9, NaaS (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, in collaboration with China Association for NGO Cooperation and 21st Century Business Herald, held a top-level forum themed around "Opportunity and Practical Experience on China's Market in the Wave of New Energy" at China Pavilion, Blue Zone of the 28th Conference of the Parties (COP28) under the United Nations Framework Convention on Climate Change (UNFCCC). The forum is intended to make China's new energy practice cases known in the world and tap into space and potential in the future of new energy.

COP28 Highlight: NaaS held "Enterprise-Association-Academy-Research" Hybrid Forum for Seeking Opportunity of China-UAE Cooperation in New Energy

BEIJING , Dec. 13, 2023 /PRNewswire/ -- Lately, Solactive, a famous Germany-based innovation-driven index provider, announced to have included NaaS Technology (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, into Solactive Electric Vehicle Charging Infrastructure Index since December 1st, 2023. It comes after NaaS' inclusion into WilderHill Clean Energy Index and NASDAQ Golden Dragon China Index.

NaaS Technology Listed in Solactive Electric Vehicle Charging Infrastructure Index

BEIJING , Dec. 12, 2023 /PRNewswire/ -- Recently, NaaS, the first U.S. listed EV charging service company in China (NASDAQ: NAAS), together with its strategic partner Kuaidian, has entered into cooperation with GAC Energy Technology Co., Ltd. (hereinafter referred to as GAC Energy), a subsidiary of GAC Group.

NaaS Technology and GAC Energy Collaborate on Establishment of a Connected Charging Service Network

DUBAI, UAE, Dec. 01, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, inaugurated the NaaS Exhibition Hall at the Dubai Chambers' China Innovation Centre, during the 28th United Nations Climate Change Conference (COP28) held in Dubai. The showcase, featuring a full range of NaaS's innovative product portfolios, was attended by officials from the Chambers, partners, shareholders, investors and government representatives.

NaaS Technology Take Center Stage at COP28 to Accelerate Sustainability in Transport Energy Transformation

BEIJING , Nov. 22, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced that the share purchase agreement dated August 22, 2023, pursuant to which the Company would acquire 100% of the issued and outstanding shares of Charge Amps AB, has been terminated. About NaaS Technology Inc. NaaS Technology Inc.(Nasdaq: NAAS) is the first U.S. listed EV charging service company in China.

NaaS Technology Inc. Announces Termination of Proposed Charge Amps Acquisition

BEIJING , Nov. 6, 2023 /PRNewswire/ -- On November 5th, at the sixth China International Import Expo (CIIE), Sinopower HK and its parent company NaaS (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, hogged the limelight. The Company showcased their contribution to upgrading global new energy service industry by unveiling cutting-edge digital energy solutions, including energy storage systems, charging robots, PV solutions, exported product testing and certification and other innovation-driven products and services.

NaaS Digital Energy Solutions Launch at CIIE 2023

NaaS Technology, Inc. (NASDAQ:NAAS ) Q3 2023 Earnings Conference Call October 26, 2023 8:00 AM ET Company Participants Cynthia Tan - Senior IR Wang Yang - CEO & Director Alex Wu - President, CFO & Director Conference Call Participants Yizhen Du - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the NaaS Third Quarter 2023 Earnings Conference Call. [Operator Instructions].

NaaS Technology, Inc. (NAAS) Q3 2023 Earnings Call Transcript

BEIJING , Oct. 26, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights: Revenues1 grew by 536% year over year to a record setting RMB170.9 million (US$23.4 million) in the third quarter of 2023.

NaaS Technology Inc. Reports Unaudited 2023 Third Quarter Financial Results

BEIJING , Oct. 19, 2023 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023 before the U.S. market opens on Thursday, October 26, 2023. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern time on October 26, 2023 (8:00 PM Beijing/Hong Kong time on the same day).

NaaS Technology Inc. to Report 2023 Third Quarter Unaudited Financial Results on October 26, 2023 Eastern Time

BEIJING , Oct. 4, 2023 /PRNewswire/ -- On October 4 th, NaaS Technology Inc. (NASDAQ: NAAS) reached a strategic partnership with Office for Attracting Strategic Enterprises (OASES) of Hong Kong Special Administrative Region (HKSAR) and thereby became the first batch of strategic enterprises of OASES. John Lee Ka-chiu, Chief Executive of HKSAR, Paul CHAN Mo-po, Financial Secretary of HKSAR, and Vivienne Wu, CSO of NaaS, attended the signing ceremony.

NaaS Technology Became the First Batch of Strategic Enterprises of OASES of HK Special Administrative Region

BEIJING , Sept. 29, 2023 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced the strategic partnership with Shenzhen ZSY Financial Services Co. Ltd (ZSY).

NaaS Technology and ZSY Reach Strategic Cooperation to Promote Financial Innovation and Develop New Energy Industry

Beijing, China, Sept. 28, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced that its parent company, NewLink, a world-leading energy IoT solution provider and China's largest digital energy asset operator, has partnered with China Construction Bank (CCB). CCB will provide NewLink and Naas Technology Inc. with integrated financial services support.

NaaS Technology and its Parent Company, NewLink, Formed Strategic Partnership with China Construction Bank to Progress its New Energy Globally

BEIJING , Sept. 28, 2023 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has won the bid for Phase I of the Anji Green and Low-carbon Supply Chain Construction Project located at the Anshan Station, with an amount of RMB67.18 million, to provide one-stop PV-storage-charging-swapping solutions, including supply, procurement, installation, and grid connection of charging systems, battery swapping systems, PV systems, and energy storage systems.

NaaS Wins Bid for Integrated "PV-storage-charging-swapping" Project

BEIJING , Sept. 26, 2023 /PRNewswire/ -- On September 20, Barron's Chinese edition announced the second-year appraisement of the Chief Financial Officers in the U.S. listed or Hong Kong listed Chinese companies, formed as "2023 CFO Elite 100" list.

CFO of NaaS Technology, Alex Wu won '2023 CFO Elite 100' by Barron's Chinese Edition

BEIJING , Sept. 25, 2023 /PRNewswire/ -- On September 22, NaaS (NASDAQ: NAAS) established a strategic partnership with Hubei Provincial Communications Investment Industrial Development Co., Ltd.

NaaS Technology Reaches Strategic Cooperation with CIID to Empower Expressway Energy Supply Network

BEIJING , Sept. 22, 2023 /PRNewswire/ -- On September 16, at the 2023 Zaozhuang International Lithium Battery Industry Expo, NaaS (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, signed a strategic cooperation agreement with the People's Government of Tengzhou City of Shandong Province.

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