NaaS Technology Inc. Announces 1-for-4 Reverse ADS Split Effective July 30, 2025

Reuters07-14

NaaS Technology Inc. Announces 1-for-4 Reverse ADS Split Effective July 30, 2025

NaaS Technology Inc., a U.S.-listed EV charging service company in China, announced a change in its American Depositary Shares $(ADS.AU)$ ratio from one ADS to 800 Class A ordinary shares to one ADS to 3,200 Class A ordinary shares, effectively a one-for-four reverse ADS split. This change is expected to be effective on or around July 30, 2025, and aims to proportionally increase the ADS trading price. The company's ADSs will continue to trade on Nasdaq under the symbol "NaaS."

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Naas Technology Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN29223) on July 14, 2025, and is solely responsible for the information contained therein.

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Announces 1-for-4 Reverse ADS Split Effective July 30, 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        NaaS Technology Inc., a U.S.-listed EV charging service company in China, announced a change in its American Depositary Shares <a href=\"https://laohu8.com/S/ADS.AU\">$(ADS.AU)$</a> ratio from one ADS to 800 Class A ordinary shares to one ADS to 3,200 Class A ordinary shares, effectively a one-for-four reverse ADS split. This change is expected to be effective on or around July 30, 2025, and aims to proportionally increase the ADS trading price. The company's ADSs will continue to trade on Nasdaq under the symbol \"NaaS.\"\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Announces 1-for-4 Reverse ADS Split Effective July 30, 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-14 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      NaaS Technology Inc. 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