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.
Positive
None.
Negative
None.
Insights
Large beneficial stake reported with warrant-linked attribution.
The filing attributes 3.8B Class A ordinary shares to the reporting parties, including 1.9B shares issuable upon exercise of the 2026 Warrants. This ties voting and dispositive power to both currently held shares and potentially exercisable warrants.
Key dependencies include warrant exercise mechanics and any transfer restrictions. Subsequent disclosures could show whether the warrants are exercised or remain outstanding; timing and cash‑flow treatment of warrant exercises are not stated in the excerpt.
Schedule 13G used to report passive/beneficial ownership details.
The statement lists ownership percentages calculated on March 31, 2026 with an aggregate base of 38,560,642,687 ordinary shares and specific class counts. It discloses the reporting persons, addresses, and CUSIP 62955X409.
Filing mechanics such as whether this is passive or subject to Section 13(d) conditions are not specified in the excerpt; any change in intent or further transactions would normally trigger amended reporting requirements.
Key Figures
Attributed Class A shares:3,800,000,000 sharesHeld Class A shares:1,900,000,000 sharesWarrants exercisable into Class A:1,900,000,000 shares+5 more
8 metrics
Attributed Class A shares3,800,000,000 sharesTotal attributed to each Reporting Person
Held Class A shares1,900,000,000 sharesClass A ordinary shares held by Wu Tang global corporation Limited
Warrants exercisable into Class A1,900,000,000 sharesClass A shares issuable upon exercise of the <i>2026 Warrants</i>
Ownership percentage9.9%Percentage reported for each Reporting Person
Shares outstanding base38,560,642,687 sharesOrdinary shares issued and outstanding used for calculation as of <date>March 31, 2026</date>
Class A outstanding37,253,094,915 sharesClass A ordinary shares as of <date>March 31, 2026</date>
Class B outstanding195,969,844 sharesClass B ordinary shares as of <date>March 31, 2026</date>
Class C outstanding1,111,577,928 sharesClass C ordinary shares as of <date>March 31, 2026</date>
Key Terms
2026 Warrants, ADS, Beneficially owned, Class D ordinary shares
4 terms
2026 Warrantsfinancial
"issuable upon exercise of the warrants issued to Wu Tang global corporation Limited"
ADSmarket
"depositary of the Issuer's ADS program, for bulk issuance of American Depositary Shares"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
Beneficially ownedregulatory
"Amount beneficially owned: Class A Ordinary Shares, par value US$0.000001 per share"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Class D ordinary sharescorporate
"Class D ordinary shares of the Issuer are not convertible into any ADSs"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
NaaS Technology Inc.
(Name of Issuer)
Class A ordinary shares, par value $ 0.000001 per share
(Title of Class of Securities)
62955X409
(CUSIP Number)
03/06/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
62955X409
1
Names of Reporting Persons
Wu Tang global corporation Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
HONG KONG
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,800,000,000.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,800,000,000.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,800,000,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: (1) For rows 5, 7 and 9: Represents (i) 1,900,000,000 Class A ordinary shares held by Wu Tang global corporation Limited, (ii) 1,900,000,000 Class A ordinary shares issuable upon exercise of the warrants issued to Wu Tang global corporation Limited pursuant to a share subscription agreement dated March 6, 2026 (the "2026 Warrants").
(2) For row 11: The ownership percentage of the Reporting Person is calculated based on 38,560,642,687 ordinary shares issued and outstanding of the Issuer as of March 31, 2026 as a single class, including (i) 37,253,094,915 Class A ordinary shares, (ii) 195,969,844 Class B ordinary shares, and (iii) 1,111,577,928 Class C ordinary shares, as learned from the Issuer, which excludes Class A ordinary shares issued to JPMorgan Chase Bank, N.A., the depositary of the Issuer's ADS program, for bulk issuance of American Depositary Shares ("ADSs") reserved for future issuances upon the exercise or vesting of awards granted under the Issuer's stock incentive plans. Class D ordinary shares of the Issuer are not convertible into any ADSs representing the Issuer's Class A ordinary shares or the Class A ordinary shares issued by the Issuer, being the class registrable under the Exchange Act.
SCHEDULE 13G
CUSIP Number(s):
62955X409
1
Names of Reporting Persons
Longheng Tang
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CHINA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,800,000,000.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,800,000,000.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,800,000,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: (1) For rows 5, 7 and 9: Represents (i) 1,900,000,000 Class A ordinary shares held by Wu Tang global corporation Limited, (ii) 1,900,000,000 Class A ordinary shares issuable upon exercise of 2026 Warrants issued to Wu Tang global corporation Limited. Wu Tang global corporation Limited is ultimately controlled by Longheng Tang.
(2) For row 11: The ownership percentage of the Reporting Person is calculated based on 38,560,642,687 ordinary shares issued and outstanding of the Issuer as of March 31, 2026 as a single class, including (i) 37,253,094,915 Class A ordinary shares, (ii) 195,969,844 Class B ordinary shares, and (iii) 1,111,577,928 Class C ordinary shares, as learned from the Issuer, which excludes Class A ordinary shares issued to JPMorgan Chase Bank, N.A., the depositary of the Issuer's ADS program, for bulk issuance of ADSs reserved for future issuances upon the exercise or vesting of awards granted under the Issuer's stock incentive plans. Class D ordinary shares of the Issuer are not convertible into any ADSs representing the Issuer's Class A ordinary shares or the Class A ordinary shares issued by the Issuer, being the class registrable under the Exchange Act.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
NaaS Technology Inc.
(b)
Address of issuer's principal executive offices:
Newlink Center, Area G, Bldg 7, Huitong Times Square, 1 Yaojiayuan S RD Chaoyang, Beijing, 100024, PRC
Item 2.
(a)
Name of person filing:
Each of the followings is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of:
(1) Wu Tang global corporation Limited
(2) Longheng Tang
(b)
Address or principal business office or, if none, residence:
The business address of each of the Reporting Persons is RM 728 7TH Floor Liven House No.61-63 King Yip Street Kwun Tong KL, Hong Kong.
(c)
Citizenship:
(1) Wu Tang global corporation Limited: Hong Kong
(2) Longheng Tang: PRC
(d)
Title of class of securities:
Class A ordinary shares, par value $ 0.000001 per share
(e)
CUSIP Number(s):
62955X409
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Class A Ordinary Shares, par value US$0.000001 per share
(b)
Percent of class:
See Row 11 of cover page for each Reporting Person.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Row 5 of cover page for each Reporting Person.
(ii) Shared power to vote or to direct the vote:
See Row 6 of cover page for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
See Row 7 of cover page for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
See Row 8 of cover page for each Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What ownership stake does NAAS report for Wu Tang global corporation Limited?
The filing shows 3,800,000,000 Class A shares attributable to Wu Tang global corporation Limited. This includes 1,900,000,000 held shares and 1,900,000,000 issuable upon exercise of the 2026 Warrants.
What percentage of NaaS Technology Inc. does the filing show for the reporting persons (NAAS)?
The filing reports an ownership percentage of 9.9%. That percentage is calculated using 38,560,642,687 ordinary shares issued and outstanding as of March 31, 2026.
How is the 3,800,000,000 share figure composed in the NAAS filing?
The 3,800,000,000 total comprises 1,900,000,000 Class A ordinary shares currently held and 1,900,000,000 Class A shares issuable upon exercise of the 2026 Warrants referenced in the filing.
What outstanding share counts does the NAAS Schedule 13G cite for calculation?
The filing uses 38,560,642,687 ordinary shares issued and outstanding as of March 31, 2026, broken down as Class A 37,253,094,915, Class B 195,969,844, and Class C 1,111,577,928.
Does the NAAS filing identify who controls Wu Tang global corporation Limited?
Yes. The filing states that Wu Tang global corporation Limited is ultimately controlled by Longheng Tang, and both entities are listed as Reporting Persons with the same attributed share totals.
