Welcome to our dedicated page for NaaS Technology ADR SEC filings (Ticker: NAAS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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.
NaaS Technology Inc. has significantly expanded its New 2022 Share Incentive Plan to allow more equity-based compensation for employees, directors and consultants. The maximum total number of Class A ordinary shares that can underlie awards under the plan increased to 4,629,191,266 from 1,144,726,605, effective June 3, 2026, following board approval.
Beginning January 1, 2027, this share pool will automatically increase on the first day of each fiscal year by an amount equal to 1% of the total shares issued and outstanding on the last day of the prior fiscal year, unless the board decides otherwise. The company states that no other substantive amendments were made, and the rest of the plan’s mechanics and definitions remain in place to govern options, restricted shares and restricted share units.
NaaS Technology Inc. reported a change in its senior leadership. Effective June 1, 2026, Ms. Ye Wu resigned from her role as Chief Strategy Officer for personal reasons. The company stated there were no disagreements between Ms. Wu and NaaS, and that her departure is not related to the company’s operations, policies, or practices.
NaaS Technology Inc. has entered into a Warrant Termination Agreement with LMR Multi-Strategy Master Fund Limited to cancel previously issued LMR Warrants. In exchange, NaaS will make a US$4,500,000 cash settlement payment in installments from June through December 2026. Once the agreement is executed and the first installment is paid, the LMR Warrants and related rights are irrevocably cancelled. The agreement also sets conditions under which the prior Settlement Deed and related rescheduling documents will automatically terminate after all required payments are made, or if replacement warrants are issued following a payment default under the new installment plan.
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.
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.
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.
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).
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.
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.