NaaS Technology Inc. to Hold Extraordinary General Meeting on April 29, 2026

Rhea-AI Summary

NaaS Technology (Nasdaq: NAAS) will hold an Extraordinary General Meeting on April 29, 2026 at 10:30 AM Beijing time at Arcadia International Hotel, Langfang City, Hebei, China. The Board recommends shareholders and ADS holders vote in favor of the proposed resolutions.

Record date for ordinary shares and ADS voting is April 3, 2026. Meeting materials, proxy forms and the Form 6-K are available on the company's investor relations site and were furnished to the SEC. ADS holders must route votes through JPMorgan Chase Bank, N.A., the depositary for the ADS program.

Market Context

This announcement schedules an extraordinary general meeting for April 29, 2026, setting the time, l...

Analysis

This announcement schedules an extraordinary general meeting for April 29, 2026, setting the time, location, and record dates for ordinary and ADS holders, with the board recommending votes in favor of the proposed resolutions. It follows prior EGMs and recent Nasdaq listing-compliance disclosures, underscoring ongoing attention to capital structure and governance. Investors may watch the eventual EGM notice details and subsequent SEC filings to understand how any approved resolutions interact with existing listing and financing developments.

Key Figures

EGM date: April 29, 2026 EGM time: 10:30 AM Beijing time Record date (shares): April 3, 2026 +5 more

8 metrics

EGM date April 29, 2026 Scheduled extraordinary general meeting in Langfang, Hebei

EGM time 10:30 AM Beijing time Start time for April 29, 2026 EGM

Record date (shares) April 3, 2026 Ordinary shareholders of record entitled to vote at EGM

Record date (ADSs) April 3, 2026 ADS holders of record must vote through JPMorgan depositary

Share price $2.56 Price before EGM announcement, up 5.35% over prior day

52-week high $13.9596 Pre-news 52-week high level

52-week low $1.8 Pre-news 52-week low level

Market cap $29,281,952 Pre-news market capitalization

Historical Context

5 past events · Latest: Feb 20 (Negative)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Feb 20	Nasdaq deficiency notice	Negative	-11.5%	Disclosed failure to meet Nasdaq market value and other listing standards.
Jan 23	EGM results	Positive	+1.9%	Shareholders approved par value reduction and new memorandum and articles.
Jan 05	EGM announcement	Neutral	-1.6%	Announced January 23 EGM with board-backed resolutions and record dates.
Dec 31	Carbon credit deal	Positive	+0.3%	Completed 21,000-ton carbon-inclusive credit transaction with partner Kuaidian.
Dec 10	Compliance regained	Positive	+2.0%	Regained compliance with Nasdaq minimum market value requirement under Rule 5550(b)(2).

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

News on listing compliance and financing has generally led to price moves aligned with the positive or negative tone of each announcement.

Recent Company History

Over the last several months, NaaS has alternated between governance actions and listing compliance developments. It previously regained Nasdaq minimum market value compliance on Dec 10, 2025, then on Feb 20, 2026 disclosed a new deficiency notice tied to a $35 million market value threshold, stockholders’ equity, and net income standards. The company has also used EGMs, including one on Jan 23, 2026, to approve par value changes and new governing documents. The newly announced April 29, 2026 EGM continues this pattern of using shareholder meetings to manage capital structure and corporate governance.

Key Terms

american depositary shares, form 6-k, securities and exchange commission, depositary

4 terms

american depositary shares financial

"holders of the Company's American depositary shares ("ADSs") vote in favor"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

form 6-k regulatory

"are also being furnished today on a Form 6-K to the U.S. Securities"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

securities and exchange commission regulatory

"furnished today on a Form 6-K to the U.S. Securities and Exchange Commission"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

depositary financial

"must act through the depositary of the Company's ADS program, JPMorgan"

A depositary is a financial institution that holds and safeguards financial assets, such as stocks or bonds, on behalf of investors. It ensures that ownership records are accurate and that transactions are processed securely. For investors, a depositary provides a trustworthy way to manage their investments, similar to a secure vault that keeps valuables safe and organized.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BEIJING, April 2, 2026 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, today announced that it will hold an extraordinary general meeting of shareholders (the "EGM") at 10:30 AM Beijing time on April 29, 2026 at Conference Room 5, 2/F Arcadia International Hotel, No. 83 Xiangyun Road, Developing Area, Langfang City, Hebei Province, People's Republic of China, for the purposes of considering and, if thought fit, passing each of the proposed resolutions set forth in the notice of the EGM (the "EGM Notice"). The EGM Notice, which contains details of these proposed resolutions, and the form of proxy cards for the EGM are available on the Company's investor relations website at https://ir.enaas.com and are also being furnished today on a Form 6-K to the U.S. Securities and Exchange Commission ("SEC"). The Board of Directors of the Company fully supports the proposed resolutions set out in the EGM Notice and recommends that shareholders and holders of the Company's American depositary shares ("ADSs") vote in favor of these resolutions.

Holders of record of the Company's ordinary shares at the close of business on April 3, 2026 (Cayman Islands time) are entitled to attend and vote at the EGM and any adjournment or postponement thereof. Holders of the ADSs at the close of business on April 3, 2026 (New York City time) who wish to exercise their voting rights for the underlying Class A ordinary shares must act through the depositary of the Company's ADS program, JPMorgan Chase Bank, N.A.

Shareholders and ADS holders may access the Company's public filings free of charge at the Company's investor relations website https://ir.enaas.com, and on the SEC's website http://www.sec.gov.

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.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as "will," "expects," "believes," "anticipates," "intends," "estimates" and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS' goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China's EV charging industry and EV charging service industry and NaaS' future business development; demand for and market acceptance of NaaS' products and services; NaaS' ability to protect and enforce its intellectual property rights; NaaS' ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS' operation, fluctuations of the RMB exchange rate, and NaaS' ability to obtain adequate financing for its planned capital expenditure requirements; NaaS' relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS' filings with the SEC.

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-to-hold-extraordinary-general-meeting-on-april-29-2026-302732670.html

SOURCE NaaS Technology Inc.

FAQ

When is NaaS (NAAS) holding its Extraordinary General Meeting and where is it located?

The EGM is scheduled for April 29, 2026 at 10:30 AM Beijing time. According to NaaS, it will be held at Conference Room 5, 2/F Arcadia International Hotel, Langfang City, Hebei, China.

Who is eligible to vote at the NaaS (NAAS) EGM and what is the record date?

Holders of record of ordinary shares and ADSs as of April 3, 2026 are eligible to vote. According to NaaS, record close of business determines voting entitlement for ordinary shares and ADSs.

How do NaaS (NAAS) ADS holders exercise voting rights for the April 29, 2026 EGM?

ADS holders must vote through the depositary, JPMorgan Chase Bank, N.A.. According to NaaS, ADS holders should follow depositary procedures to instruct votes for the underlying Class A ordinary shares.

Where can investors find the NaaS (NAAS) EGM notice, proxy and Form 6-K filed with the SEC?

The EGM notice, proxy form and Form 6-K are available on the company's investor relations website. According to NaaS, materials are also furnished to the SEC and accessible on sec.gov.

What does NaaS's board recommend shareholders do for the April 29, 2026 EGM?

The Board of Directors recommends that shareholders and ADS holders vote in favor of the proposed resolutions. According to NaaS, the Board fully supports the resolutions set out in the EGM notice.