NaaS Technology Inc. Announces Results of Extraordinary General Meeting on April 29, 2026

Rhea-AI Summary

NaaS Technology (Nasdaq: NAAS) held an extraordinary general meeting on April 29, 2026 in Langfang, Hebei, approving two ordinary resolutions.

The company amended authorized share capital from US$52,000 to US$369,200, creating 369,200,000,000 shares across five classes (Class A–D and a director‑determined class). Directors, officers and agents were authorized to implement the amendment. The Meeting Notice was furnished to the SEC on April 2, 2026 via Form 6‑K.

Positive

• Authorized capital increased to US$369,200
• Total authorized shares set at 369,200,000,000
• Board authorized to implement the capital amendment

Negative

• Potential dilution risk from large authorized share pool
• No accompanying issuance plan or timeline disclosed

News Market Reaction – NAAS

+1.95%

+1.95% Session close to close

In the May 1 session, NAAS gained 1.95%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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BEIJING, April 30, 2026 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, is pleased to announce that at its extraordinary general meeting of shareholders held in Langfang, Hebei Province on April 29, 2026, shareholders of the Company approved each of the two proposed resolutions set out in the notice of extraordinary general meeting (the "Meeting Notice"), namely, (A) an ordinary resolution to amend the authorized share capital of the Company from US$52,000 to US$369,200, such that following the amendment, the authorized and issued share capital of the Company shall be US$369,200, divided into 369,200,000,000 shares comprising (i) 365,300,000,000 Class A ordinary shares of a par value of US$0.000001 each, (ii) 300,000,000 Class B ordinary shares of a par value of US$0.000001 each, (iii) 1,400,000,000 Class C ordinary shares of a par value of US$0.000001 each, (iv) 16,000,000 Class D ordinary shares of a par value of US$0.000001 each, and (v) 2,184,000,000 shares as such class or series (however designated) as the directors of the Company may determine in accordance with the Company's memorandum and articles of association in effect, and (B) an ordinary resolution to authorize the Company's directors, officers and agents to carry out the foregoing. The Meeting Notice had been furnished on April 2, 2026 to the Securities and Exchange Commission under cover of a Form 6-K and timely disseminated to shareholders and holders of the Company's American depositary shares prior to the meeting.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company is one of the leading providers of new energy asset operation services. The Company utilizes advanced technology to intelligently match charging supply with demand, offering electric vehicle users a seamless, efficient, and smart charging experience. Furthermore, NaaS empowers charging stations and charging station operators to optimize their operations, driving greater efficiency and enhancing profitability.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com 

Media inquiries:
E-mail: pr@enaas.com

View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-announces-results-of-extraordinary-general-meeting-on-april-29-2026-302758648.html

SOURCE NaaS Technology Inc.

FAQ

What did NaaS (NAAS) approve at the April 29, 2026 extraordinary general meeting?

They approved amending authorized capital to US$369,200 and related implementation authority. According to the company, shareholders approved increasing authorized capital from US$52,000 and authorized directors, officers and agents to carry out the amendment.

How many total authorized shares does NaaS (NAAS) have after the April 29, 2026 vote?

The company now has 369,200,000,000 authorized shares across five classes. According to the company, that comprises Class A, B, C, D and a director‑designated class with specified par values.

When was the Meeting Notice for NaaS (NAAS) furnished to the SEC?

The Meeting Notice was furnished on April 2, 2026 via Form 6‑K. According to the company, the notice was timely disseminated to shareholders and ADS holders prior to the meeting.

What are the class breakdowns of NaaS (NAAS) authorized shares after the amendment?

Post‑amendment breakdown: 365.3B Class A, 300M Class B, 1.4B Class C, 16M Class D, 2.184B director‑designated. According to the company, each share has a par value of US$0.000001.

Does the April 29, 2026 capital amendment for NaaS (NAAS) include an immediate share issuance?

No immediate issuances were disclosed in the meeting results; only authorization and implementation powers were approved. According to the company, directors were authorized to carry out the amendment but no issuance terms or timing were provided.