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Naas Technology Inc. (China)

Main Activities: Motor Vehicle Parts Manufacturing
Full name: Naas Technology Inc. Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company provides electric vehicle (EV) charging services in China.
The company offers integrated online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers management, order management, load management, and membership management. It also provides offline EV charging solutions comprising site selection, hardware procurement, engineering, procurement, and construction, station maintenance, energy storage, and customer support services. In addition, the company offers electricity procurement services to charging stations, as well as other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels. It serves charger manufacturers, EV OEMS, and end-users.
HISTORY
2013: The Company is a limited company incorporated in the Cayman Islands under the laws of Cayman Islands on July 16, 2013. On September 30, 2013, the Company acquired from certain third-party sellers a junior English Language Training
2017: The Company s common stocks was traded on NASDAQ Global Market since October 20, 2017 under the symbol “REDU.” and renamed as RISE Education Cayman Ltd in June 2017.
2022: On June 10, 2022, The Company completed the merger with Dada Auto. The name of the Company was changed to “NaaS Technology Inc.” and its ticker to “NAAS”.
2023: On June 20, 2023, the Company acquired a 89.999 interest in Sinopower Holdings International Co. Limited (“Sinopower”).

Headquarters
Newlink Center, Area G, Building 7, Huitong Times Square, No.1 Yaojiayuan South Road, Chaoyang District
Beijing; Beijing; Postal Code: 100024

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Website: http://ir.enaas.com/press-releases

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2013
Key Executives
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Chairman
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President
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
Ownership Details
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Subsidiaries
Bain Capital Rise Education (Hk) Limited (Hong Kong SAR, China)
Beijing Changping District Step Ahead Training School
Beijing Chaoyang District Step Ahead Training School
Company Performance
Financial values in the chart are available after Naas Technology Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-39.1%
Total operating revenue
-33.5%
Operating profit (EBIT)
54.93%
Net Profit (Loss) for the Period
54.09%
Total assets
-28.84%
Total equity
N/A
Operating Profit Margin (ROS)
79.87%
Net Profit Margin
77.91%
Return on Equity (ROE)
N/A
Debt to Equity Ratio
N/A
Quick Ratio
-0.83%
Cash Ratio
-0.28%

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