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.

NaaS (NAAS) - one of the largest and fastest-growing electric vehicle charging service providers in China - announced that the company has appointed Alex Wu as its CFO and President, effective January 15, 2023. The post NaaS Names Alex Wu As President And CFO (NAAS) appeared first on Pulse 2.0.

NaaS Names Alex Wu As President And CFO (NAAS)

HUZHOU, China , Jan. 2, 2023 /PRNewswire/ -- On December 30, 2022, NaaS (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, announced that the Company has appointed Alex Wu as its CFO and President, effective January 15, 2023. Mr. Wu will join the Board of Directors of NaaS.

Alex Wu, former Managing Director of Bain Capital, takes the President and CFO of NaaS

BEIJING , Dec. 30, 2022 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) (the "Company" or "NaaS"), one of the largest and fastest growing electric vehicle charging service providers in China, is pleased to announce that the Company has appointed Mr. Alex Wu as its Chief Financial Officer, effective January 15, 2023.

NaaS Technology Inc. Announces Appointment of Alex Wu as Chief Financial Officer, President and Director

BEIJING , Dec. 1, 2022 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) (the "Company"), one of the largest and fastest-growing electric vehicle charging service providers in China, is pleased to announce that the Company entered into a share subscription agreement with an institutional investor on November 30, 2022. The investor has agreed to subscribe for and purchase from the Company, through a private placement, a total of 57,570,524 newly issued Class A ordinary shares of the Company at a price of US$0.5211 per ordinary share, based on the volume-weighted average traded price of American depositary shares of the Company on Nasdaq for the 30 consecutive trading days immediately preceding the date of the agreement (adjusted to account for the 1:10 ADS-to-share ratio), for a total purchase price of US$30 million.

NaaS Technology Inc. Announces US$30 Million Private Placement of Ordinary Shares

The only technology company from China's energy industry to attend COP27, NaaS becomes the first of its peers to release an ESG report BEIJING , Nov. 15, 2022 /PRNewswire/ -- Chairman Mr. Zhen Dai and CEO Ms.

NaaS Leaders Deliver Speech at United Nations Climate Conference for Second Consecutive Year

BEIJING , Oct. 28, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS) (the "Company"), one of the largest and fastest-growing electric vehicle charging service providers in China, today announced that the audit committee of its board of directors and the board of directors have approved the engagement of Ernst & Young Hua Ming LLP ("EY") as the Company's independent registered public accounting firm, effective since October 28, 2022, replacing Centurion ZD CPA & Co. ("Centurion"). EY has been engaged by the Company to audit the consolidated financial statements of the Company as of and for the fiscal year ending December 31, 2022.

NaaS Technology Inc. Announces Engagement of Ernst & Young Hua Ming LLP as the Company's Independent Registered Public Accounting Firm

BEIJING , Sept. 30, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS) (the "Company" or "NaaS"), one of the largest and fastest-growing electric vehicle charging service providers in China, today announced that Mr.

NaaS Technology Inc. Announces Management Change

BEIJING , Sept. 29, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS) (the "Company"), one of the largest and fastest-growing electric vehicle charging service providers in China, today announced that its board of directors has approved and adopted a new share incentive plan of the Company (the "New 2022 Share Incentive Plan").

NaaS Technology Inc. Announces Adoption of New Share Incentive Plan

BEIJING , Sept. 9, 2022 /PRNewswire/ -- NaaS Technology Inc. ("NaaS", or the "Company") (NASDAQ: NAAS), the first publicly listed Chinese EV charging service provider, has recently entered into a strategic partnership agreement with Newrizon, a Chinese manufacturer that works with smart connected new energy commercial vehicles.

NaaS Partners with Newrizon to Accelerate Popularization of New Energy Commercial Vehicles

BEIJING , Sept. 1, 2022 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (NASDAQ: NAAS), the first publicly listed Chinese EV charging service provider, recently initiated a partnership with EEZI, a solution service provider that boasts an intelligent travel ecosystem integrating hardware and software.

NaaS to Collaborate with EEZI, Marking Another step on the way to intelligent travel

BEIJING , Aug. 24, 2022 /PRNewswire/ -- As a key part of public transportation, online ride-hailing services dramatically alleviated pain points for riders, including finding taxis, opaque fares, and high costs. These services also increase the happiness of citizens as they get from Point A to Point B.

NaaS Cooperates with ONTIME to Power Green Travel in the Guangdong-Hong Kong-Macao Greater Bay Area

NaaS Technology Inc. (NASDAQ:NAAS ) Q2 2022 Results Conference Call August 22, 2022 7:00 AM ET Company Participants Yang Wang - Chairwoman and Chief Executive Officer Lei Zhao - Chief Financial Officer Conference Call Participants David Gu - CICC Operator Ladies and gentlemen, thank you for standing by and welcome to the NaaS's Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

NaaS Technology Inc. (NAAS) CEO Yang Wang on Q2 2022 Results - Earnings Call Transcript

RISE Education Cayman

BEIJING, Aug. 22, 2022 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (“NaaS” or the “Company”) (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, today announced its unaudited financial results for the quarter and six months ended June 30, 2022.

NaaS Technology Inc. Reports Unaudited 2022 Second Quarter and Interim Financial Results

BEIJING , Aug. 16, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS, "NaaS" or the "Company"), one of the largest and fastest growing electric vehicle charging service providers in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2022 before the U.S. market opens on Monday, August 22, 2022. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern time on August 22, 2022 (7:00 PM Beijing/Hong Kong time on August 22, 2022).

NaaS Technology Inc. to Report Second Quarter 2022 Unaudited Financial Results on August 22, 2022

BEIJING , July 29 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS , "NaaS" or the "Company"), a leading electric vehicle ("EV") charging service provider in China, and Li Auto Inc. ("Li Auto"), a leader in China's new energy vehicle market, recently reached an agreement whereby both parties will utilize their respective capabilities to launch a new smart charging navigation system, enabling EV owners to more easily find chargers and recharge their EVs. The service is scheduled to become available in the third quarter of this year.

NaaS Technology Inc. Teams with Li Auto to Provide New Smart Charging Services

BEIJING , July 25, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS, "NaaS" or "the Company"), a leading electric vehicle (EV) charging service provider in China, and NavInfo's smart charging integration solutions subsidiary Ohways recently signed an agreement where both parties will integrate their abundant resources and strong capabilities in smart EV mobility and charging services, to jointly provide auto OEMs and EV owners with smart digital power solutions and an industry-leading charging experience. As a leading product driving NavInfo's expansion into the EV sector, Ohways offers smart mobility services and commercial operations solutions.

NaaS Technology Partners with NavInfo's Subsidiary Ohways to Jointly Develop a New Smart Charging Ecosystem

The strategic cooperation will provide one-stop financial solutions for the construction of charging stations BEIJING , July 11, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS, "NaaS" or "the Company") announced that the Company has signed a strategic cooperation agreement with Beijing Jingcheng International Financial Leasing Co., Ltd. ("Jingcheng Leasing"), whereby the two parties will collaborate on the development and implementation of technology and financing services for electric vehicle ("EV") charging facilities.

NaaS Technology and Jingcheng Leasing Jointly Developing a New Charging Infrastructure Ecosystem

BEIJING , July 8, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS, "NaaS", the "Company"), one of the largest and fastest-growing electric vehicle charging service providers in China, announced that it has entered into a strategic partnership with smart connected car platform provider, Zhejiang Green Intelligent Link Co., Ltd. ("Green Intelligent Link").

NaaS Technology Partners with Green Intelligent Link to Provide One-Stop Charging Services for Commercial EVs

HUZHOU, China , June 30, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS) ("NaaS", the "Company"), China's first listed pure play electric vehicle ("EV") charging service company, held a bell-ringing ceremony to celebrate the Company's public listing on the NASDAQ at its headquarters in Anji, Zhejiang Province on June 28, 2022, simultaneously with a virtual equivalent taking place at the NASDAQ Stock Exchange, following the Company's formal listing on the exchange on June 13, 2022. "NaaS has become the first publicly listed Chinese charging service provider, which is not only a gift from today but also a test for tomorrow.

NaaS Technology Holds NASDAQ Bell-ringing Ceremony in Anji, Zhejiang, China

The two parties aim to improve the urban charging network in Changzhi, Shanxi, through the construction of new charging facilities BEIJING , June 22, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS)("NaaS" or the "Company") entered into a strategic partnership with State Grid Changzhi Electric Power Supply Company to build new electric vehicle (EV) charging stations in a move to enhance the local charging services in Changzhi, Shanxi Province. Senior executives from both parties attended the ceremony, including Yu Xiang, Vice President of Operations, NaaS, and Hao Xiangjun, Deputy General Manager of State Grid Changzhi Electric Power Supply Company.

NaaS, State Grid Changzhi Electric Power Supply Partner to Build New Infrastructure for Chargers

ANJI, China , June 14, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS) ("NaaS", the "Company"), announced that it has successfully listed and begun trading on the NASDAQ, becoming China's first listed pure play electric vehicle ("EV") charging service company. NaaS is one of China's largest and fastest growing new energy service companies.

NaaS Technology Inc. Announces Successful NASDAQ Listing, becoming China's First Listed Pure Play Electric Vehicle Charging Service Company

BEIJING , June 10, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS) (the "Company"), one of the largest and fastest-growing electric vehicle charging service providers in China, today announced the successful completion of the transaction previously announced on February 8, 2022 between RISE Education Cayman Ltd ("RISE"), the Company's predecessor, and Dada Auto Inc. ("NaaS") (the "Transaction"). As announced on April 29, 2022, the Transaction and certain additional Transaction-related proposals were approved by RISE's shareholders at an extraordinary general meeting held on April 29, 2022 (the "EGM").

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