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NaaS Technology ADR SEC Filings

NAAS NASDAQ

NaaS Technology Inc. filings document the disclosure record of a foreign private issuer operating in China’s EV charging services market. Form 6-K reports include consolidated financial information, revenue categories such as charging services, energy solutions and new initiatives, and operating expense and loss disclosures.

The company’s filings also cover shareholder meeting notices and voting results, ADS voting procedures, amendments to its Memorandum and Articles of Association, share-capital changes across multiple ordinary share classes, equity subscription and related-party transaction disclosures, warrant and share reissuance matters, auditor changes, and Nasdaq continued-listing notices.

Rhea-AI Summary

NaaS Technology Inc. reports a Schedule 13G disclosure showing 3,800,000,000 Class A ordinary shares attributable to Wu Tang global corporation Limited and to Longheng Tang.

The filing states the 3,800,000,000 figure comprises 1,900,000,000 Class A shares held and 1,900,000,000 Class A shares issuable upon exercise of the 2026 Warrants. The ownership percentage is reported as 9.9%, calculated using 38,560,642,687 ordinary shares issued and outstanding as of March 31, 2026, with Class A, B and C breakdowns provided.

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NaaS Technology Inc. ownership disclosure: Comane International Group Ltd. and Bin Wu report beneficial ownership of 6,243,715,800 Class A ordinary shares, representing 16.2% of the company's 38,560,642,687 ordinary shares outstanding as of March 31, 2026.

The reported total includes (i) 2,900,000,000 Class A shares held directly by Comane, (ii) 2,900,000,000 Class A shares issuable upon exercise of warrants dated March 6, 2026 (the "2026 Warrants"), and (iii) 443,715,200 Class A shares (in the form of 138,661 ADSs) issuable upon exercise of warrants from a March 31, 2025 securities purchase agreement, as amended March 6, 2026. Comane is wholly owned by Mr. Bin Wu.

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Filing
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NaaS Technology Inc. reports that shareholders approved all resolutions at an extraordinary general meeting held on April 29, 2026. The meeting authorized an amendment of the company’s authorized share capital from US$52,000 to US$369,200, so that authorized and issued share capital will be US$369,200 divided into multiple share classes. This includes 365,300,000,000 Class A ordinary shares, 300,000,000 Class B ordinary shares, 1,400,000,000 Class C ordinary shares, 16,000,000 Class D ordinary shares, and 2,184,000,000 shares of other classes or series as determined by the board under the company’s governing documents. Shareholders also approved a resolution authorizing directors, officers and agents to implement these changes.

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current report
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NaaS Technology Inc. registers for resale up to 37,376,000,000 Class A ordinary shares (including shares issuable upon exercise of warrants) and up to 468,750 ADSs (each ADS represents 3,200 Class A ordinary shares) by selling shareholders.

This is a resale registration: the Company states it is not selling any Class A ordinary shares here and will not receive proceeds from sales by the selling shareholders. The prospectus highlights material risks tied to the Company’s Cayman holding structure, substantial control by NewLink (which holds significant voting power), PRC regulatory and licensing uncertainty (including cybersecurity and overseas‑listing rules), and HFCAA/PCAOB inspection considerations that could affect continued U.S. trading. Financial snapshots show 2025 revenues of RMB125,139,000 (US$17,894,000) and a 2025 net loss of RMB449,967,000 (US$64,345,000).

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NaaS Technology Inc. files its annual Form 20-F as a Cayman Islands holding company whose operations run mainly through PRC subsidiaries. The report highlights heavy net losses of RMB1,307.2 million in 2023, RMB914.4 million in 2024 and RMB450.0 million (US$64.3 million) in 2025, with expectations of continued near-term losses.

The company stresses structural risks from doing business in China, including evolving cybersecurity, data and overseas-listing rules, and potential trading prohibitions under the HFCAA. It notes complex cash-transfer limits from mainland China, reliance on strategic partner NewLink and the Kuaidian platform, and multiple ADS ratio changes affecting how many Class A shares each ADS represents.

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annual report
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NaaS Technology Inc. reported 2025 results showing a smaller business with much stronger economics but ongoing losses. Total revenue fell to RMB125.1 million from RMB201.0 million as the company exited capital-intensive, lower-margin activities to focus on an asset-light platform model.

Cost of revenues dropped 84% to RMB17.6 million, lifting gross margin to 86% from 44%. Operating expenses fell 59% to RMB379.8 million, and net loss narrowed by 51% to RMB450.0 million, with loss attributable to ordinary shareholders at RMB439.0 million.

The company generated positive operating cash flow of RMB0.5 million, compared with a RMB179.1 million outflow in 2024, and ended 2025 with cash of RMB81.2 million. The balance sheet remains highly leveraged, with total liabilities of RMB1,205.2 million exceeding total assets of RMB312.6 million, leaving total equity at a deficit.

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NaaS Technology Inc. has called an extraordinary general meeting on April 29, 2026 in Langfang, China, where shareholders will vote on a major increase in authorized share capital. The proposal would raise authorized capital from US$52,000 (52,000,000,000 shares) to US$369,200 (369,200,000,000 shares), including 365,300,000,000 Class A ordinary shares.

Shareholders of record as of April 3, 2026 may vote in person or by proxy, while holders of American depositary shares, each representing 3,200 Class A ordinary shares, must vote through JPMorgan Chase Bank, N.A., the ADS depositary.

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NaaS Technology Inc. director and Chief Executive Officer Wang Yang filed an initial ownership report listing existing equity interests. She holds stock options over 713,600 and 32,441,600 Class A ordinary shares at exercise prices of US$0.00005 and US$0.00000305 per share, respectively. The filing also reports large indirect holdings of Class A, B, C and D ordinary shares through Newlink Envision Limited, Newlink Linkage Limited and Newlinks Technology Limited, with Wang Yang disclaiming beneficial ownership of many of these shares except for her proportionate pecuniary interest.

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NaaS Technology Inc. director Sun Weilin filed an initial ownership report showing existing equity interests rather than new trades. He holds stock options directly over 713,600 and 8,905,600 underlying Class A ordinary shares at very low exercise prices, with expirations in 2033 and 2032.

Indirectly, entities linked to him hold 11,915,840,000 Class A ordinary shares, 195,969,844 Class B shares, 1,111,577,928 Class C shares, and 16,000,000 Class D shares. Footnotes state he disclaims beneficial ownership of many of these holdings except for his stated pecuniary interests, and some share classes are convertible into Class A ordinary shares subject to conditions.

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FAQ

How many NaaS Technology ADR (NAAS) SEC filings are available on StockTitan?

StockTitan tracks 36 SEC filings for NaaS Technology ADR (NAAS), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for NaaS Technology ADR (NAAS)?

The most recent SEC filing for NaaS Technology ADR (NAAS) was filed on May 13, 2026.