BEIJING, Sept. 29, 2023 /PRNewswire/ — NaaS Know-how Inc. (Nasdaq: NAAS) (“NaaS” or the “Business”), the very first U.S. listed EV charging support firm in China, nowadays introduced the strategic partnership with Shenzhen ZSY Financial Providers Co. Ltd (ZSY). The events will embark on cooperation in new electrical power field economic innovation, new electricity belongings securitization and other elements, further more advertising the deep integration of new vitality business enterprise and fiscal companies, and boosting a small-carbon energy sector. Li Feng, ZSY Chairman, Wang Limin, Head of Beijing Area of ZSY Dai Zhen, Founder and CEO of NewLink and Chairman of NaaS, Wang Yang, Founder and CEO of NaaS, and other executives have witnessed the signing ceremony.

The strategic partnership will deliver about an integrated provider platform equipped with the potential of asset management and technological know-how products and services, as a result knowing mutual empowerment of money and business, and jointly propelling the integration of “business + Web + finance + technological know-how”.

“New power is a person of ZSY’s important industrial instructions,” Li Feng, ZSY Chairman commented, “Collaborating with NaaS will more upgrade ZSY’s landscape in new vitality industrial chain, and track down optimal route for the integration of fiscal money and new energy field. We hope to contribute to China’s strength transformation in transportation with the aid of diversified economical instruments and alternatives.”

Wang Yang, Founder and CEO of NaaS, explained, “ZSY enjoys a ahead-seeking strategy in the enhancement of minimal-carbon power. Jointly with ZSY, we are poised to deliver money solutions for a greener and low-carbon energy marketplace, and help boost the security and effectiveness of the world transport electrical power network.”

This marks NaaS’ another economic cooperation after its partnership with China Building Bank (CCB) introduced the other day, whereby CCB will present integrated economic providers support to NaaS and its mum or dad company, NewLink, a globe-primary power IoT alternative provider and China’s biggest electronic strength asset operator.

NaaS’ yr-to-day fundraising has reached a full of US$91 million, and concerned notable buyers this kind of as Dr. Adrian Cheng. NaaS has also been provided in the NASDAQ Golden Dragon China Index, creating it just one of nine new energy businesses and the only EV charging company firm to be section of this index.

As a result of the acquisition of Sinopower HK and Cost Amps this yr, NaaS has built important strides to the global electrical power sector, aiming to become a major participant in the global new energy asset procedure and administration products and services current market in the long term, serving about 20% of the world-wide new strength property.

About NaaS Know-how Inc.

NaaS Technological innovation Inc. is the first U.S. listed EV charging assistance firm in China. The Business is a subsidiary of Newlinks Technologies Confined, a top electrical power digitalization group in China. The Business presents a single-quit EV charging options to charging stations comprising on the net EV charging, offline EV charging and progressive and other remedies, supporting each and every phase of the station lifecycle. As of June 30, 2023, NaaS had linked in excess of 652,000 chargers masking 62,000 charging stations, representing 41.5% and 49.2% of China’s public charging market share respectively. On June 13, 2022, the American depositary shares of the Company began buying and selling on Nasdaq less than the inventory code NAAS.

Safe and sound Harbor Statement

This press release contains statements of a ahead-searching character. These statements are built less than the “risk-free harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-on the lookout statements by terminology these types of as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-seeking statements require regarded and unidentified risks and uncertainties and are based on latest anticipations, assumptions, estimates and projections about the Organization and the industry. All information and facts offered in this push launch is as of the day hereof, and the Corporation undertakes no obligation to update any ahead-searching statements to reflect subsequent happening functions or situation, or improvements in its anticipations, apart from as may possibly be needed by regulation. Although the Business thinks that the anticipations expressed in these forward-looking statements are acceptable, it cannot assure you that its anticipations will convert out to be proper, and traders are cautioned that true final results may vary materially from the expected success.

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NaaS Technology Inc.
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