Company NaaS Technology Inc.

REDU

US62955X2018

Electric Utilities

Market Closed - Nasdaq Other stock markets 01:30:00 26/06/2024 am IST			5-day change	1st Jan Change
3.61 ^USD	-31.89%		-35.99%	-88.12%

07/06	NaaS Technology Reschedules ADS Ratio Change to June 13	MT
10/05	Transcript : NaaS Technology Inc., Q1 2024 Earnings Call, May 10, 2024

Business Summary

Naas Technology Inc, formerly RISE Education Cayman Ltd, is a holding company. The Company offers one-stop electric vehicle (EV) charging solutions to charging stations and support them through every stage of the station lifecycle. The Company mainly provides three solutions. Online EV charging solutions provide an integrated set of online solutions to charging stations that mainly includes mobility connectivity services. Offline EV charging solutions offer a range of offline solutions to charging stations, ranging from site selection, hardware procurement, engineering, procurement and construction (EPC) station maintenance, energy storage, to customer support. Innovative and other solutions deliver electricity procurement services and a virtual power plant platform to facilitate the construction of a modern energy system. The Company also provides a prototype of autonomous charging robot for future unmanned driving scenarios and to realize an autonomous charging network.

Number of employees: 611

Sales per Business

USD in Million	2022	Weight	2023	Weight	Delta
Energy Solutions 58.5 %	-	-	26	58.5 %	-
Charging Services 40.3 %	-	-	18	40.3 %	-
New Initiatives 1.2 %	0	2.3 %	1	1.2 %	+67.24%

Sales per region

USD in Million	2022	Weight	2023	Weight	Delta
China 100.0 %	14	100.0 %	45	100.0 %	+227.76%

Managers

Managers	Title	Age	Since
Yang Wang FOU	Founder	36	10/22/10
Alex Wu, MBA		-	-

Members of the board

Members of the board	Title	Age	Since
Guang Ming Ren BRD	Director/Board Member	52	10/22/10
Zhen Dai FOU	Founder	47	10/22/10
Xiao Li Liu BRD	Director/Board Member	47	10/22/10
Wei Lin Sun BRD	Director/Board Member	49	10/22/10
Yang Wang FOU	Founder	36	10/22/10
Alex Wu, MBA		-	-

Share class

	Vote	Quantity	Free-Float	Total Float
Stock A	2	1,364,885,373	0	21.31 %
Stock B	10	242,662,399	0
Stock C	1	971,298,121	549,430,361 ( 56.57 %)

Shareholders

Name	Equities	%	Valuation
LMR Partners LLP 7.350 %	6,159,478	7.350 %	2 M $
Invesco Capital Management LLC 5.044 %	4,227,161	5.044 %	1 M $
Laidlaw Wealth Management LLC 0.7314 %	612,914	0.7314 %	202 262 $
Pathstone Holdings LLC (13F Subfiler) 0.0776 %	65,000	0.0776 %	21 450 $
Two Sigma Securities LLC 0.0672 %	56,344	0.0672 %	18 594 $
Jane Street Group LLC 0.0559 %	46,860	0.0559 %	15 464 $
Group One Trading LP 0.0447 %	37,443	0.0447 %	12 356 $
Millennium Management LLC 0.0412 %	34,554	0.0412 %	11 403 $
Vident Advisory LLC 0.0373 %	31,243	0.0373 %	10 310 $
Geode Capital Management LLC 0.0343 %	28,729	0.0343 %	9 481 $

Name	Equities	%	Valuation
Newlinks Technology Ltd. 97.50 %	242,662,399	97.50 %	8 M $

Name	Equities	%	Valuation
Newlinks Technology Ltd. 97.59 %	1,364,885,373	97.59 %	45 M $

Name	Equities	%	Valuation
Zhenwei Investment Fund Management Co. Ltd. 51.39 %	253,891,329	51.39 %	8 M $
Bain Capital Private Equity LP 25.97 %	128,304,160	25.97 %	4 M $
Zhen Dai 0.000000 %	0	0.000000 %	- $
Yang Wang 0.000000 %	0	0.000000 %	- $
Wei Lin Sun 0.000000 %	0	0.000000 %	- $