As the first U.S. listed electric vehicle charging service company in China, NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), has announced that the share purchase agreement dated August 22, 2023, under which the company is supposed to acquire 100% of the outstanding shares of Charge Amps AB, has been terminated by the company.
A brief overview of NaaS Technology Inc.
The NaaS Technology Inc. is a technology company that provides.(Nasdaq: NAAS) is the first publicly traded company in the U.S.. EV charging service provider listed on the Chinese stock exchange. It is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China that specializes in energy management and digitalization. We offer one-stop solutions to energy asset owners, including charging services, energy solutions and new initiatives to support every stage of the lifecycle of energy assets and facilitate the transition to a low-carbon economy. In the last quarter of 2023, NaaS had connected 767,611 chargers covering 73,710 charging stations, which represented 41.7% of the total.6% of the population and 50% of the population.As a result, they hold a share of 0% of the public charging market in China
As a result, they hold a share of 0% of the public charging market in China
Statement of Safe Harbor
It is important to note that this press release contains forward-looking statements. In making these statements, we are following the "safe harbor" provisions of the U.S.. In 1995, the Private Securities Litigation Reform Act was enacted.. It is possible to identify forward-looking statements by terminology such as "will," "expects," "believes," "anticipates," "intends," "estimates," and similar statements.. As a result, these forward-looking statements are subject to known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and its industry that are based on current assumptions, estimates and projections. In this press release, all information provided is as of the date of this document, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except to the extent required by law.. In spite of the fact that the Company believes that its expectations in these forward-looking statements are reasonable, it cannot guarantee that these expectations will prove to be correct, and investors should be aware that actual results may differ materially from the expected 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.A trade war between China and the United States, fluctuations in the exchange rate of the RMB, and NaaS' ability to obtain adequate financing for its planned capital expenditures are a few of the factors that are likely to affect NaaS' operation. There are several factors that affect NaaS' relationships with its clients, customers, suppliers, and other business partners, competition in the industry, government policies and regulations relating to the industry, as well as general economic and business conditions in China and globally.. A full description of these and other risks can be found in NaaS' filings with the Securities and Exchange Commission (SEC)
A full description of these and other risks can be found in NaaS' filings with the Securities and Exchange Commission (SEC)
Please contact us if you have any questions regarding investor and media inquiries:
Please contact us at the following email address: [email protected] for investor relations or media inquiries: [email protected]  
NaaS Technology Inc. is the source of this information.
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NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed provider of EV charging services in China, today announced its goal to provide charging services...
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