#China #EV Charging #NaaS Technology #Langfang #Public Company

NaaS Technology Inc. Reports Outcomes from Shareholders Meeting

NaaS Technology Inc. (Nasdaq: NAAS), recognized as the first U.S.-listed electric vehicle (EV) charging service company in China, recently concluded an extraordinary general meeting on January 23, 2026. This significant meeting, held in Langfang, Hebei Province, led to the shareholders approving all proposed resolutions outlined in the meeting notice.

Key Resolutions Approved

At this gathering, shareholders enthusiastically supported three critical resolutions:

1. Amendment of Share Par Value: The first resolution involved changing the par value of each authorized and issued share from $0.01 to an impressive $0.000001. With this amendment, NaaS's authorized and issued share capital is expected to total $52,000. Such a move reflects the company’s proactive approach to enhancing its financial foundation.

2. Amended Memorandum and Articles of Association: The second resolution pertained to the amendment and restatement of the Company's Third Amended and Restated Memorandum and Articles of Association. This adjustment will be effective upon the registration of a solvency statement as required by the Companies Act of the Cayman Islands. This step aims to streamline the operation and governance structure of the company.

3. Authorization of Company Directors: The third resolution authorized the company's directors, officers, and agents to implement the aforementioned changes. This resolution symbolizes a commitment to transparency and accountability as the company navigates its growth in the EV charging market.

NaaS's Commitment to Innovation

NaaS Technology Inc. is a subsidiary of Newlinks Technology Limited, a prominent group specializing in energy digitalization. As a leader in new energy asset operation services, NaaS utilizes sophisticated technology to match charging supply with demand effectively. This innovative approach not only enhances the charging experience for electric vehicle users but also empowers charging station operators to improve their operational efficiency—leading to higher profitability and sustainability.

The recent resolutions mark a pivotal moment in NaaS's journey, ensuring that it remains at the forefront of the EV charging industry in China. By aligning its corporate governance with the rapidly changing energy landscape, NaaS demonstrates its resolve to provide a seamless, efficient, and environmentally-friendly electric vehicle charging solution.

Looking Ahead

As NaaS Technology Inc. continues to expand its services and reach, it remains committed to fostering growth in green mobility. Shareholders and stakeholders alike are optimistic about the future as the company pioneers advancements in EV technology.

For investor inquiries, NaaS Technology Inc. can be contacted via their Investor Relations department at [email protected] and for media inquiries through [email protected]. The company is poised for further developments, contributing significantly to the global transition toward renewable energy and sustainability.