BEIJING, Oct. 24,
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 as of September 30,
2024, the Company has connected approximately 1.15 million chargers
to its charging network, a 30% increase compared to the end of
2023, outpacing the national average growth rate of
22%[1] within the same period.
Ms. Yang Wang, Chief Executive
Officer of NaaS, commented, "The robust growth in our charger
connections underscores our dedication to enhancing China's supply-side infrastructure and
providing efficient, accessible EV charging solutions nationwide.
Furthermore, our cutting-edge, AI-powered technologies and NaaS
Energy Fintech system are boosting partner profits, increasing
operational efficiency, and enabling predictive maintenance and
strategic site selection services, revolutionizing the supply-side
value chain. Taken together, these efforts ensure sustainable
supply-side growth and a superior charging experience for EV users,
cementing our leadership in this rapidly expanding market."
Mr. Steven Sim, Chief Financial
Officer of NaaS, added, "Our strategic supply-side expansion
reflects our technological prowess and methodical approach to
improving the entire EV charging ecosystem. By harnessing digital
and AI innovations, we're boosting efficiency and driving
profitability for charging operators while increasing access and
convenience for users, creating long-term value for our
stakeholders."
NaaS will continue to invest in its supply-side capabilities and
technological advancements, solidifying its position as a key
player in developing an interconnected EV charging network across
China. Through numerous and
expanding strategic partnerships, NaaS remains committed to driving
supply and demand growth across the EV charging industry and
delivering exceptional value to charging operators and consumers
alike.
|
[1] According to data from the China
Electric Vehicle Charging Infrastructure Promotion Alliance, China
had 3.33 million public chargers as of September 30, 2024, up from 2.73 million at the end of
2023.
|
About NaaS Technology Inc.
NaaS Technology Inc. is the first U.S. listed EV charging
service company in China. The
Company is a subsidiary of Newlinks Technology Limited, a leading
energy digitalization group in China. The Company provides one-stop solutions
to energy asset owners comprising charging services, energy
solutions and new initiatives, supporting every stage of energy
assets' lifecycle and facilitating energy transition.
Safe Harbor Statement
This press release contains statements of a forward-looking
nature. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. You can identify these forward-looking statements by
terminology such as "will," "expects," "believes," "anticipates,"
"intends," "estimates" and similar statements. These
forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions,
estimates and projections about the Company and the industry. All
information provided in this press release is as of the date
hereof, and the Company undertakes no obligation to update any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that its expectations will turn
out to be correct, and investors are cautioned that actual results
may differ materially from the anticipated results. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: NaaS' goals and strategies; its future
business development, financial conditions and results of
operations; its ability to continuously develop new technology,
services and products and keep up with changes in the industries in
which it operates; growth of China's EV charging industry and EV charging
service industry and NaaS' future business development; demand for
and market acceptance of NaaS' products and services; NaaS' ability
to protect and enforce its intellectual property rights; NaaS'
ability to attract and retain qualified executives and personnel;
the COVID-19 pandemic and the effects of government and other
measures that have been or will be taken in connection therewith;
U.S.-China trade war and its
effect on NaaS' operation, fluctuations of the RMB exchange rate,
and NaaS' ability to obtain adequate financing for its planned
capital expenditure requirements; NaaS' relationships with
end-users, customers, suppliers and other business partners;
competition in the industry; relevant government policies and
regulations related to the industry; and fluctuations in general
economic and business conditions in China and globally. Further information
regarding these and other risks is included in NaaS' filings with
the SEC.
For investor and media inquiries, please contact:
Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com
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SOURCE NaaS Technology Inc.