NaaS Technology Inc. Reports Unaudited 2023 Fourth Quarter and Full Year Financial ResultsBEIJING, March 28, 2024 (GLOBE NEWSWIRE) -- 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 fourth quarter and full year ended December 31, 2023.
NaaS Technology Take Center Stage at COP28 to Accelerate Sustainability in Transport Energy TransformationDUBAI, UAE, Dec. 01, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (
NASDAQNAAS), 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 and its Parent Company, NewLink, Formed Strategic Partnership with China Construction Bank to Progress its New Energy GloballyBEIJING - September 28, 2023 - 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 Records 132% YoY Revenue Growth in H1 2023, Offline and Innovative Services Stands Unprecedented 53.4% of RevenueThe year 2023 has undeniably brought economic recession on a global scale, where market volatility has become the norm, casting a shadow over numerous industries. However, against this backdrop of uncertainty, several brokerages have singled out the new energy sector as a beacon of investment potential for the year, making it a central focus of their endeavors.
NaaS Records 132% YoY Revenue Growth and 112% YoY Increase of Charging Volume reaching 2,251 GWh in H1 2023On September 8, NaaS (
NASDAQNAAS), 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.
NaaS Debuts at 2023 CIFTIS to Advance Global Transportation Energy NetworksChina's services trade has resiliently sustained rapid growth, emerging as a highlight of its high-standard opening-up endeavors. In 2022, the total volume of services imports and exports surged to nearly CNY 6 trillion, marking an impressive 12.9% upswing from the previous year. This substantial leap establishes a new record in scale, retaining its rank of second globally for nine years in a row, as confirmed by the country’s Ministry of Commerce.
NewLink and NaaS Reach Strategic Partnership with CR Capital MGMT to Accelerate New Energy Infrastructure DevelopmentBeijing, China, Aug. 25, 2023 (GLOBE NEWSWIRE) -- On August 24, a strategic partnership was forged between NewLink and NaaS Technology Inc. (Nasdaq:NAAS) with CR Capital MGMT, synergizing their distinct proficiency in capital and asset management as well as energy services.
NaaS Technology Inc. to Acquire Charge Amps for US$66.4M to Serve Global Energy Service MarketOn Aug. 22, an acquisition plan was announced by NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS"), a leading EV charging solution provider listed on Nasdaq since June 13, 2022, to acquire Swedish EV charging infrastructure supplier Charge Amps AB ("Charge Amps") at SEK 724 million (US$66.4 million) of its 100% issued and outstanding shares. The deal ensures the two companies grow and expand together, also leaves an active attention on how their concerted capacity and efforts would bring greater value for new energy industries, consumers and communities in Europe and worldwide.
NaaS Technology Inc. Announces Plans to Acquire Swedish Leading EV Charging Infrastructure Supplier Charge Amps for $66.4 mSTOCKHOLM - AUGUST 22, 2023 - NaaS Technology Inc. (
NASDAQNAAS), a leading electric vehicle (EV) charging service company, has announced plans to acquire Charge Amps AB (“Charge Amps”), a Swedish EV charging solutions provider for approximately SEK 724 million (US$66.4 million) of 100% of the issued and outstanding shares. The deal marks a landmark initiative of NaaS' expanded global layout after its acquisition early this June of over 89% stake in Sinopower HK, the biggest one-stop solar PV service provider in HK.
NaaS CEO named on Fortune “Top 40 Under 40 Business Elites in China” listNew York, July 24, 2023 (GLOBE NEWSWIRE) -- On July 18, Fortune published its annual "Top 40 Under 40 Business Elites in China" for 2023, which included Miss Wang Yang, the founder and CEO of NaaS (
NASDAQNAAS). Miss Wang was the sole representative from the renewable energy service sector to make it to the list.
NaaS CEO named on Forbes “Top 40 Under 40 Business Elites in China” listNew York, July 18, 2023 (GLOBE NEWSWIRE) -- On July 18, Fortune business media published its annual "Top 40 Under 40 Business Elites in China" for 2023, which included Miss Wang Yang, the founder and CEO of NaaS (
NASDAQNAAS). Miss Wang was the sole representative from the renewable energy service sector to make it to the list.
NaaS Announces US$30 Million Private Placement of Convertible NoteBeijing - June 30, 2023 - NaaS (
NASDAQNAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, announced that it entered into a convertible note purchase agreement with LMR Partners Limited, a global multi-strategy investment fund, pursuant to which the Investor will purchase from the Company a convertible note with a principal amount of US$30 million, convertible into American depositary shares (“ADSs”) representing the Company’s ordinary shares. Concurrently, the Company and the Investor entered into a derivative arrangement with respect to the ADSs.
NaaS 2022 ESG report highlights 1.8 million tons carbon emission reduction, a YoY increase of 106%New York, June 28, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (
NASDAQNAAS) , the first U.S. listed EV charging service company in China, disclosed Environmental, Social and Governance (ESG) performance for 2022. The Company reduced carbon emissions by 1,847,700 tons, an increase of 106.22% compared with 896,000 tons in 2021.
NaaS Delivers Remarkable Q1 2023 Financial Results with 150% YoY Growth in revenueNaaS (
NASDAQNAAS) announced its unaudited financial results for the first quarter of 2023 on June 16 (UTC+8). The company achieved a remarkable milestone with revenue reaching RMB 36.2 million (or USD 5.3 million), demonstrating an impressive year-on-year growth of 150%. The non-GAAP loss was successfully curtailed to RMB 102 million (or USD 14.9 million), reflecting a narrowing of loss margin by 60ppts. As estimated by NaaS, its revenue guidance in the fiscal year 2023 to be between RMB 500 million (USD 73 million) and RMB 600 million (USD 87 million), growing 5 times to 6 times from 2022.
NaaS Spotlights its EV Innovations at the Power2Drive Europe ExhibitionNaaS (
NASDAQNAAS), the first listed EV charging service company in China, demonstrated its innovations at the Power2Drive Europe exhibition. The event was held as a part of The smarter E Europe, the largest platform of Europe’s energy industry, at the Messe München in Munich, Germany between June 14 and 16, 2023.
NaaS Acquires over 89% Stake in Sinopower HKBEIJING - June 14, 2023 - NaaS Technology Inc. (
NASDAQNAAS) ("NaaS" or the "Company"), the first listed EV charging service company in China, announced that Dada Auto, a wholly owned subsidiary of the Company, has entered into a definitive agreement to acquire 89.99% of the issued and outstanding shares of Sinopower Holdings International Co. Limited ("Sinopower") from an existing shareholder of Sinopower, for an aggregate purchase price of approximately US$6.1 million in cash. The share purchase is subject to customary closing conditions and is expected to close in June 2023.
Hong Kong Billionaires Invest in NaaS, Revealing How Coveted the New Energy Market IsThe economic cycle determines the fate of individuals and companies, and investors must be more aware of the cyclical pattern. For companies, only when they have followed the precise economic cycle by joining the game when the market flourishes and retreating when it peaks can they maximize profit. A cursory glance at the real estate in 1998, the Internet in 2000, the mobile Internet in 2010, and the new energy sector that is currently booming, proves this to be true.
NaaS Technology Inc. Reports Unaudited 2022 Fourth Quarter and Full Year Financial ResultsBEIJING, April 21, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (“NaaS” or the “Company”) (
NASDAQNAAS), one of the largest and fastest growing electric vehicle charging service providers in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022.
NaaS Technology Inc. Reports Adjusted Unaudited 2022 Second Quarter and Interim Financial ResultsBEIJING, April 21, 2023 (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 reported further adjustments to its unaudited financial results for the quarter and six months ended June 30, 2022 originally reported on August 22, 2022 and adjusted on March 27, 2023. The Company is making additional adjustment to its adjusted unaudited financial results for the quarter and six months ended June 30, 2022 reported on March 27, 2023, to:
