NaaS Technology Inc., the first U.S.-listed EV charging service company in China, has announced a share repurchase program of up to US$10 million. The program will be effective from February 21, 2025, and will run through the end of February 2026. The Company may repurchase its American depositary shares through various means, depending on market conditions.
NaaS Technology Inc. is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company offers charging services, energy solutions, and new initiatives to energy asset owners, supporting all stages of energy assets’ lifecycle and facilitating energy transition.
The Company’s forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. While it believes its expectations are reasonable, it cannot guarantee that actual results will match anticipated results due to various factors such as business development, financial conditions, market acceptance, intellectual property rights, competition, government policies, and economic conditions.
For investor and media inquiries, please contact NaaS Technology Inc. by email at ir@enaas.com for investor relations and pr@enaas.com for media inquiries.
For more information, visit the original press release on PR Newswire at https://www.prnewswire.com/news-releases/naas-technology-inc-announces-us10-million-share-repurchase-program-302382233.html.
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