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NaaS Technology Inc. Announces Management Change

vwdhfgeyug by vwdhfgeyug
September 30, 2022
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BEIJING, Sept. 30, 2022 /PRNewswire/ — NaaS Expertise Inc. (NASDAQ: NAAS) (the “Firm” or “NaaS”), one of many largest and fastest-growing electrical automobile charging service suppliers in China, immediately introduced that Mr. Lei Zhao has resigned from his place because the Firm’s chief monetary officer for private causes, efficient instantly.

NaaS additionally introduced the appointment of Mr. Alex Wu as interim chief monetary officer and has commenced a proper seek for a everlasting substitute.

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“I wish to thank Mr. Lei Zhao for his contribution to NaaS and want him the most effective in his future endeavors,” said Ms. Yang Wang, chief government officer of NaaS. “I sit up for working intently with Alex and am assured his expertise in company finance and the capital markets will probably be of nice help to NaaS.”

Mr. Alex Wu served as interim chief monetary officer of RISE Training Cayman Ltd, the predecessor of the Firm, from September of 2021 to June of 2022. Mr. Wu has intensive expertise in company finance, expertise and administration issues and at the moment serves as government vp and a member of the Asian Pacific Portfolio Group of Bain Capital Non-public Fairness. Earlier than becoming a member of Bain Capital Non-public Fairness in 2017, Mr. Wu labored at PricewaterhouseCoopers Consulting with a deal with the expertise, media and telecommunications (TMT) sectors and digital options throughout cloud, e-commerce and analytics. Previous to that, Mr. Wu labored with airline and telecommunications firms to plan and ship transformation applications. Mr. Wu obtained his bachelor’s diploma in laptop science from Peking College and his MBA diploma from the Australian Graduate College of Administration on the College of New South Wales.

About NaaS Expertise Inc.

NaaS Expertise Inc. is without doubt one of the largest and quickest rising EV charging service suppliers in China. The Firm is a subsidiary of Newlinks Expertise Restricted, a number one power digitalization group in China. NaaS gives one-stop companies to charging pile producers and operators, OEMs, firms with their very own supply fleets in addition to fleet operators, with on-line, offline, and non-electric companies protecting the entire worth chain throughout the EV sector. As of 2021, NaaS had linked 290,000 chargers, with an annual charging capability of over 1,200 Gigawatt hours, accounting for about 18% of China’s public charging market and eliminating 900,000 tons of carbon emissions yearly. On June 13, 2022, the American depositary shares of the Firm began buying and selling on NASDAQ beneath the inventory code NAAS.

Secure Harbor Assertion

This press launch comprises statements of a forward-looking nature. These statements are made beneath the “protected harbor” provisions of the U.S. Non-public Securities Litigation Reform Act of 1995. You possibly can determine these forward-looking statements by terminology reminiscent of “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and related statements. These forward-looking statements contain identified and unknown dangers and uncertainties and are primarily based on present expectations, assumptions, estimates and projections in regards to the Firm and the trade. All data offered on this press launch is as of the date hereof, and the Firm undertakes no obligation to replace any forward-looking statements to replicate subsequent occurring occasions or circumstances, or adjustments in its expectations, besides as could also be required by legislation. Though the Firm believes that the expectations expressed in these forward-looking statements are cheap, it can not guarantee you that its expectations will grow to be right, and traders are cautioned that precise outcomes might differ materially from the anticipated outcomes.

For investor and media inquiries, please contact:

Investor Relations

NaaS Expertise Inc.

E-mail: [email protected]

Media inquiries:

E-mail: [email protected]

SOURCE NaaS Expertise Inc.

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