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NaaS Technology Inc. to Hold Extraordinary General Meeting on January 23, 2026

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NaaS Technology (Nasdaq: NAAS) will hold an Extraordinary General Meeting (EGM) on January 23, 2026 at 03:00 PM Beijing time at Conference Room 5, 2/F Arcadia International Hotel, No. 83 Xiangyun Road, Developing Area, Langfang City, Hebei Province, China.

The EGM will consider the proposed resolutions set out in the EGM Notice. The board recommends shareholders and ADS holders vote in favor. The EGM Notice and proxy forms are available on the company investor relations site https://ir.enaas.com and were furnished on a Form 6-K to the SEC.

Record date for ordinary shares and ADS voting eligibility is the close of business on January 2, 2026 (Cayman Islands time for ordinary shares; New York City time for ADSs). ADS holders must act through JPMorgan Chase Bank, N.A., the depositary.

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News Market Reaction 5 Alerts

-1.58% News Effect
-$540K Valuation Impact
$34M Market Cap
0.2x Rel. Volume

On the day this news was published, NAAS declined 1.58%, reflecting a mild negative market reaction. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $540K from the company's valuation, bringing the market cap to $34M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

EGM date January 23, 2026 Scheduled extraordinary general meeting in Beijing time
EGM time 03:00 PM Beijing time Scheduled start time for the extraordinary general meeting
Record date (shares) January 2, 2026 Ordinary shareholders of record entitled to vote at EGM
Record date (ADSs) January 2, 2026 ADS holders of record via JPMorgan eligible to direct votes

Market Reality Check

$3.10 Last Close
Volume Volume 8,270 is 0.18x the 20-day average of 46,964, indicating muted trading ahead of the EGM notice. low
Technical Price 3.19 is trading below the 200-day MA of 4.49 and is 92.09% below the 52-week high, while 62.76% above the 52-week low.

Peers on Argus

NAAS fell 5.62% while peers showed mixed moves: PTLE +1.98%, NVVE +5.22%, FTEL +9.7%, BQ -1.94%, TKLF -1.29%, suggesting a stock-specific move rather than a sector-wide shift.

Historical Context

Date Event Sentiment Move Catalyst
Dec 31 Carbon credit deal Positive +0.3% Second major carbon-inclusive credit transaction supporting green mobility monetization.
Dec 10 Nasdaq compliance Positive +2.0% Regained compliance with Nasdaq minimum market value listing requirement.
Oct 10 AGM results Positive +6.2% Shareholders approved capital increase and amendments to charter documents.
Sep 09 AGM announcement Positive +6.3% Announcement of 2025 AGM with board recommending support for resolutions.
Aug 27 ESG report Positive +8.1% 2024 ESG report showing significant carbon reductions and strong ESG ratings.
Pattern Detected

Recent news, including governance and ESG updates, has generally coincided with positive price reactions, suggesting the stock has tended to respond constructively to company-specific announcements.

Recent Company History

Over the last several months, NaaS has reported multiple governance and strategic milestones. The company released a 2024 ESG report highlighting 3.22 million tons of carbon reduction and 47% emission cuts, alongside patent growth. Shareholders approved capital structure changes and new constitutional documents at the Oct 10, 2025 AGM, later reflected in a 6-K filing that ties into a Form F-3. Compliance with Nasdaq’s $35 million MVLS rule was regained in Dec 2025. A carbon credit transaction announced on Dec 31, 2025 continued the green-mobility monetization theme, providing context for the latest EGM notice.

Market Pulse Summary

This announcement sets the timeline and mechanics for NaaS’s extraordinary general meeting on January 23, 2026, outlining record dates for ordinary and ADS holders and pointing investors to the detailed EGM notice on the company’s and SEC websites. In context of recent governance and capital actions, key items to watch are the specific resolutions, any proposed changes to share structure or voting, and subsequent regulatory filings summarizing the meeting’s outcomes.

Key Terms

american depositary shares financial
"shareholders and 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 and Exchange Commission"
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
"being furnished today on a Form 6-K to the U.S. Securities and Exchange Commission ("SEC")"
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.

AI-generated analysis. Not financial advice.

BEIJING, Jan. 5, 2025 /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 03:00 PM Beijing time on January 23, 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 January 2, 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 January 2, 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

Cision View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-to-hold-extraordinary-general-meeting-on-january-23-2026-302652322.html

SOURCE NaaS Technology Inc.

FAQ

When is NaaS Technology's (NAAS) extraordinary general meeting (EGM)?

The EGM is scheduled for January 23, 2026 at 03:00 PM Beijing time.

Where will NaaS Technology's (NAAS) January 23, 2026 EGM be held?

The EGM will be held at Conference Room 5, 2/F Arcadia International Hotel, No. 83 Xiangyun Road, Langfang City, Hebei Province, China.

How can NAAS shareholders access the EGM notice and proxy materials?

The EGM Notice and proxy forms are available on the investor relations site https://ir.enaas.com and were furnished on a Form 6-K to the SEC.

What is the record date to vote at the NAAS EGM for ordinary shares and ADSs?

Holders of record at the close of business on January 2, 2026 are eligible to vote (Cayman Islands time for ordinary shares; New York City time for ADSs).

How do NAAS ADS holders vote their underlying Class A ordinary shares for the EGM?

ADS holders must exercise voting rights through the depositary, JPMorgan Chase Bank, N.A..

What is the board's position on the proposed resolutions at the NAAS EGM?

The Board of Directors fully supports the proposed resolutions and recommends voting in favor.
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5.21%
3.37%
5.26%
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