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.

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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.

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.

NaaS Forms Strategic Partnership with Tengzhou Municipal Government, Shandong to Develop Green Transportation Energy

BEIJING , Sept. 22, 2023 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, is assigned by Sustainable Fitch the highest ESG entity score in China of 76, and an ESG Entity Rating of '2'.

Sustainable Fitch Assigned NaaS Technology the Highest ESG Entity Score in China of 76 and Rating of '2'

BEIJING , Sept. 18, 2023 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its inclusion in the NASDAQ Golden Dragon China Index, making it one of nine new energy companies and the only EV charging service company to be part of this index.

NaaS Technology Inc. Joins NASDAQ Golden Dragon China Index, One of Nine Among New Energy Companies

BEIJING , Sept. 18, 2023 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced its inclusion in the NASDAQ Golden Dragon China Index, making it one of nine new energy companies and the only EV charging service company to be part of this index.

NaaS Technology Inc. Joins NASDAQ Golden Dragon China Index

BEIJING , Sept. 17, 2023 /PRNewswire/ -- The China-ASEAN Expo (CAEXPO) is set to make its 20th appearance from September 16 to 19, 2023 in Nanning, Guangxi, China.

NaaS Debuts at the 20th China-ASEAN Expo to Showcase Pioneer Services for Global Energy Market

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NaaS Technology Records 132% YoY Revenue Growth in H1 2023, Offline and Innovative Services Stands Unprecedented 53.4% of Revenue

NaaS Technology Inc. (NASDAQ:NAAS ) Q2 2023 Earnings Conference Call September 8, 2023 8:00 AM ET Company Participants Cynthia Tan - Senior Director of IR Yang Wang - CEO Alex Wu - President and CFO Conference Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to the NaaS Second Quarter and First Half 2023 Earnings Conference Call. At this time all participants are in listen-only mode.

NaaS Technology Inc. (NAAS) Q2 2023 Earnings Call Transcript

Beijing, China, Sept. 08, 2023 (GLOBE NEWSWIRE) -- On September 8, NaaS (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023. Revenues grew by 121% year over year to RMB 48.6 million (US$6.7 million) in the second quarter of 2023 and 132% year over year to RMB 84.8 million (US$11.7 million) in the first half of 2023.

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