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Company:
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NAAS TECHNOLOGY INC. (NAAS)
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Form Type:
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SC 13D
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Filing Date:
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6/23/2022
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CIK:
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0001712178
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Address:
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NEWLINK CENTER, AREA G, BLDG. 7,HUITONG
TIMES SQUARE, NO.1 YAOJIAYUAN SOUTH RD,
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City, State, Zip:
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CHAOYANG DISTRICT, BEIJING, 100024
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Telephone:
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861085511066
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Last Trade
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Last Trade:
$10.65
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Change:
1.41 (15.26%)
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Trade Time:
04:00 PM EST
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Market Cap:
$5.26B
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Description of Business
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We are one of the largest and fastest growing EV charging service providers in
China. Our vision is to power the world with carbon neutral energy. NaaS' EV
charging services began in 2019, and we have established and maintain the
largest EV charging network in China in terms of the charging volume transacted
through our charging network for third-party charging station operators, and in
terms of the number of public DCFCs connected to our network, according to CIC.
We believe we are capable of maintaining our leadership position in the booming
Chinese market and we are well positioned to capitalize on our sustainable first
mover advantages and success in China to become a global leader in EV charging
services.
We have adopted an asset-light business model that allows for accelerated
expansion and growth.
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