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  • May 30, 2024

      Show headlines and story abstract
    • 8:00AM ET on Thursday May 30, 2024 by PR Newswire
      Companies Mentioned: NAAS

      NaaS Technology Inc. (Nasdaq: NaaS) ("NaaS" or the "Company"), the firstU.S.listed EV charging service company inChina, today announced that it plans to change the ratio of its American Depositary Shares (the "ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.01 per share, from the current ADS Ratio of one ADS to 10 Class A ordinary shares to a new ADS Ratio of one ADS to 200 Class A ordinary shares.

    • 8:00AM ET on Thursday May 30, 2024 by Dow Jones
      Companies Mentioned: NAAS

      NaaS Technology Inc. Announces Plan to Implement ADS Ratio Change

      PR Newswire

      BEIJING, May 30, 2024

      BEIJING, May 30, 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 it plans to change the ratio of its American Depositary Shares (the "ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.01 per share, from the current ADS Ratio of one ADS to 10 Class A ordinary shares to a new ADS Ratio of one ADS to 200 Class A ordinary shares.
  • May 9, 2024

      Show headlines and story abstract
    • 4:30PM ET on Thursday May 09, 2024 by PR Newswire
      Companies Mentioned: NAAS

      NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NaaS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.

    • 4:30PM ET on Thursday May 09, 2024 by Dow Jones
      Companies Mentioned: NAAS
    • 4:30PM ET on Thursday May 09, 2024 by Dow Jones
      Companies Mentioned: NAAS
      Basic (0.05) (0.05) (0.01) Diluted (0.05) (0.05) (0.01) Adjusted net basic and diluted loss per ADS for loss attributable to the ordinary shareholders of the Company (Expressed in RMB per ADS) Basic (0.47) (0.50) (0.07) Diluted (0.47) (0.50) (0.07) Weighted average number of ordinary shares outstanding-basic 2,196,978,125 2,508,694,151 2,508,694,151 Weighted average number of ordinary shares outstanding-diluted 2,196,978,125 2,508,694,151 2,508,694,151 NAAS TECHNOLOGY INC. UNAUDITED RECONCILIATIONS OF IFRS AND NON-IFRS FINANCIAL MEASURES For the Three Months Ended ------------------------------------ March 31, 2023 March 31, 2024 --------------- ------------------- (In thousands) RMB RMB US$ Cost of revenues (30,047) (71,889) (9,957) Share-based compensation expenses 494 3,474 481 -------------- --------- -------- Non-IFRS cost of revenues (29,553) (68,415) (9,476) ============== ========= ======== Selling and marketing expenses (66,389) (71,201) (9,861) Share-based compensation expenses 4,888 11,971 1,658 -------------- --------- -------- Non-IFRS selling and marketing expenses (61,501) (59,230) (8,203) ============== ========= ======== Administrative expenses (45,497) (123,005) (17,036) Share-based compensation expenses 13,668 60,250 8,345 -------------- --------- -------- Non-IFRS administrative expenses (31,829) (62,755) (8,691) ============== ========= ======== Research and development expenses (7,832) (21,523) (2,981) Share-based compensation expenses 1,890 4,621 640 -------------- --------- -------- Non-IFRS research and development expenses (5,942) (16,902) (2,341) ============== ========= ======== Operating loss (113,111) (186,595) (25,844) Share-based compensation expenses 20,940 80,316 11,124 -------------- --------- -------- Non-IFRS operating loss (92,171) (106,279) (14,720) ============== ========= ========

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