BEIJING, Aug. 12,
2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq:
NaaS) ("NaaS" or the "Company"), the first U.S. listed EV
charging service company in China, today announced that
Mr. Alex Wu, President, Chief
Financial Officer and Director of the Company, resigned from the
Company for personal reasons, effective August 9, 2024. The Company has appointed
Mr. Steven Sim to succeed Mr. Wu as Chief
Financial Officer, effective August 12,
2024. Mr. Wu will continue to serve in an advisory role
until November 8, 2024, to ensure an
orderly and effective transition.
"I want to thank Alex for his many contributions to NaaS. We are
grateful for the counsel and leadership he has provided, and we
wish him continued success in his future endeavors," said Ms.
Yang Wang. "I would also like to
welcome Steven to our executive team. I am confident that his
expertise will play a vital role in driving growth at NaaS."
Born and raised in Singapore,
Mr. Sim holds an MBA from INSEAD, which is ranked second globally
in Business and Management by QS World University Rankings. Mr. Sim
has over 20 years of combined work experience in Singapore, London, and mainland China and is well-versed in domestic and
international capital markets. He possesses a dual perspective from
both financial institutions and corporations, having worked at
three of the Big Four accounting firms, including Deloitte, KPMG,
and Ernst & Young. He has also served as the Vice President of
Finance at Sohu (NASDAQ: SOHU) and
the Chief Financial Officer at Pintec Group (NASDAQ: PT), where he
led Pintec Group's complete process from pre-IPO financing to IPO
and internationalization over five years.
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 provides
one-stop solutions to energy asset owners comprising charging
services, energy solutions and new initiatives, supporting every
stage of energy asset's lifecycle and facilitating energy
transition.
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;
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
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SOURCE NaaS Technology Inc.