NaaS Completes 21,000-Ton Carbon Credit Transaction with Kuaidian
NaaS announced that, in collaboration with its strategic partner Kuaidian, it has successfully completed a 21,000-ton carbon-inclusive credit transaction related to electric vehicle charging scenarios in Wuhan. Yubo Zhai, GM of sustainability at NaaS, stated, "China's electric vehicle charging market is expected to generate carbon assets on the scale of hundreds of thousands of tons in the coming years. NaaS is committed to strengthening our capabilities in green transportation carbon-inclusion. We will continue to optimize our carbon accounting models and digital platforms, and expand trading scenarios and partnership channels to support broader industry participation in the standardized development and efficient management of carbon assets."
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- EGM Announcement: NaaS Technology Inc. will hold an extraordinary general meeting of shareholders on April 29, 2026, at 10:30 AM in Langfang City, Hebei Province, to consider proposed resolutions, demonstrating the company's commitment to shareholder engagement.
- Voting Rights Clarification: Shareholders of record as of April 3, 2026, are entitled to attend and vote, ensuring active participation in corporate governance and enhancing transparency in decision-making processes.
- Board Support for Resolutions: The Board of Directors fully supports the proposed resolutions in the EGM Notice and recommends shareholders vote in favor, reflecting confidence and alignment in the company's strategic direction.
- Public Filing Accessibility: Shareholders can access the company's public filings for free via the investor relations website and the SEC's site, ensuring transparency and fostering investor trust through readily available information.
- Compliance Notice: NaaS Technology received a notice from Nasdaq on February 17, indicating non-compliance with the $35 million minimum market value requirement, highlighting the company's vulnerability in the market.
- Compliance Deadline: The company has 180 days, until August 17, 2026, to regain compliance, which will compel it to take urgent measures to enhance its market value.
- Additional Standards Not Met: In addition to the market value issue, NaaS also fails to meet the $2.5 million stockholders' equity and $500,000 net income requirements, further intensifying compliance pressure and potentially affecting investor confidence.
- Trading Expectations: Despite facing compliance challenges, the company stated that its shares will continue to trade on Nasdaq during this period, indicating its intention to restore market trust through proactive measures.
- Compliance Notification: NaaS Technology received an MVLS notice from Nasdaq indicating its market value does not meet the $35 million minimum listing requirement, which could undermine investor confidence.
- Compliance Deadline: The company has 180 days until August 17, 2026, to regain compliance; failure to do so may lead to delisting risks, impacting its market position.
- Financial Standards Deficiency: NaaS currently fails to meet other Nasdaq listing standards, including a $2.5 million stockholders' equity and a $500,000 net income requirement, highlighting potential financial health issues.
- Market Monitoring Plan: The company intends to monitor its market value during the compliance period and implement measures to regain compliance, although the current notice does not immediately affect trading, future compliance will directly impact operations and investor confidence.
- Capital Adjustment: At an extraordinary general meeting in Hebei, NaaS Technology approved a special resolution to reduce the par value of shares from $0.01 to $0.000001, resulting in a total share capital of $52,000, which is expected to optimize the capital structure and enhance market competitiveness.
- Charter Amendment: Shareholders also approved the amendment of the company's articles to the Fourth Amended and Restated version, which will improve governance transparency and compliance, ensuring operational flexibility and adherence to regulations in future operations.
- Board Authorization: An ordinary resolution was passed to authorize the company's directors, officers, and agents to implement the aforementioned resolutions, thereby enhancing operational efficiency and responsiveness to market changes.
- Industry Position Strengthening: As the first U.S.-listed EV charging service company in China, NaaS Technology further solidifies its leadership in new energy asset operation services through these resolutions, driving sustained growth in the rapidly evolving electric vehicle market.

- Shareholder Meeting Scheduled: NaaS Technology Inc. will hold an extraordinary general meeting on January 23, 2026, at 3 PM Beijing time to consider proposed resolutions, reflecting the company's commitment to shareholder engagement.
- Voting Eligibility: Holders of ordinary shares as of January 2, 2026, are entitled to attend and vote, enhancing shareholder participation in corporate governance and decision-making processes.
- Transparency in Announcements: The company provides details through its investor relations website and Form 6-K filed with the SEC, ensuring shareholders have easy access to relevant information, which improves compliance with disclosure regulations.
- Technological Context: As the first U.S.-listed EV charging service company in China, NaaS leverages advanced technology to optimize charging supply and demand, driving growth in the EV charging sector and showcasing its leadership in emerging markets.
- EGM Announcement: NaaS Technology Inc. will hold an extraordinary general meeting on January 23, 2026, at 3 PM Beijing time to consider key resolutions outlined in the EGM Notice, aimed at enhancing corporate governance and transparency.
- Shareholder Voting Rights: Holders of ordinary shares as of January 2, 2026, are entitled to attend and vote, ensuring that shareholders can express their opinions on the company's future direction, thereby increasing shareholder engagement.
- Transparency in Disclosure: The company has made the EGM Notice and proxy cards available on its investor relations website and filed with the SEC, reflecting a commitment to transparency and enhancing investor confidence.
- Strategic Board Support: The Board of Directors fully supports the proposals in the EGM Notice and recommends shareholders vote in favor, demonstrating the company's focus on shareholder interests and strategic alignment for future growth.





