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Xanh SM, Indonesia's first 100% electric ride-hailing service, has arrived in Jakarta, revolutionizing urban mobility with a sustainable transportation solution and setting a new standard for 5-star service.JAKARTA, INDONESIA – Media OutReach Newswire – 12 December 2024 - Jakarta, a sprawling metropolis known for its relentless traffic and highly-polluted air, now bears witness to a quiet revolution. Amid the city's ceaseless motion, a fleet of bright cyan taxis has begun to glide silently through its streets. Xanh SM has arrived—not just as a means of transportation, but as a promise of a cleaner, greener, and more refined urban future. Xanh SM fleet has arrived in Jakarta. Photo: Xanh SM This is more than a debut. For a city ranked among the most polluted in the world, it's a glimpse of what sustainable living could feel like. A Breath of Fresh Air in a Smoggy City For those navigating Jakarta's bustling streets, the hum of exhaust and the acrid stench of emissions are all too familiar. Official data reveals that transportation accounts for 44% of the city's air pollution—a public health crisis that hangs heavy in the air. Enter Xanh SM, a fleet of fully electric vehicles that emit zero pollution. Quiet, odorless, and refreshing, they stand in stark contrast to the usual cacophony of noise and fumes from gasoline-powered taxis. Imagine stepping into a taxi free from the odors and rumble of combustion engines. The air inside is pristine, the cabin tranquil, and the ride remarkably smooth. Whether you're heading to work or unwinding after a long day, Xanh SM offers a new kind of comfort—a commute that's both calming and efficient. But beyond comfort, Xanh SM represents a broader ambition: contributing to Indonesia's sustainability goals. By choosing Xanh SM, riders don't just reach their destinations—they actively support a cleaner Jakarta. It's a small act with profound implications, helping reshape a city long known for its gray haze. 5-Star Service: The Heart of Xanh SM Xanh SM's appeal isn't just environmental; it's about redefining commutes with 5-star service. Gone are the days of rattling rides and less-than-stellar interiors. Every Xanh SM car is brand new, meticulously maintained, and designed for passenger comfort. The whisper-quiet hum of the electric motor creates a tranquil atmosphere, turning even the most chaotic commute into a peaceful journey. The drivers are no ordinary chauffeurs. With its stringent driver training program, Xanh SM implements a thorough recruitment and training process, ensuring professionalism and 5-star service at every level. Supported by a 360-degree monitoring system, they prioritize safety and courtesy. Whether it's a late-night ride or a morning rush-hour dash, passengers can trust Xanh SM to keep them secure. One of Jakarta's perennial challenges is ride availability during peak hours. Too often, commuters are left stranded, watching their plans unravel as they struggle to book a ride. Xanh SM promises to change that. Its operational efficiency, aided by an exemption from Jakarta's odd-even traffic rule, ensures minimal waiting times—even during gridlock. Riders can trust that their Xanh SM taxi will arrive promptly, keeping their day on track. Even booking reflects Xanh SM's customer-first approach. The Xanh SM app makes securing a ride effortless, allowing passengers to track their journey in real time. Additionally, customers can directly hail a vibrant cyan taxi on the road if its green light is on, or simply call the hotline at 14068 for quick assistance. Either way, Xanh SM adapts to your schedule, not the other way around. A Ride to Remember Xanh SM is not simply a transport service; it's about offering a better way to move—one that's eco-friendly, luxurious, reliable, and accessible. For commuters, this means a better experience from start to finish. No more squeezing into uncomfortable, noisy vehicles. No more uncertain waits or disappointing cancellations. Instead, you get a polished, customer-first approach: safe drivers, impeccable service, and the quiet luxury of electric travel. And with every ride, passengers contribute to a cleaner, quieter, and healthier Jakarta, replacing noise and pollution with peace and progress. So, whether you're commuting to work, exploring Jakarta's vibrant streets, taking a safe ride with your family, or taking a break from the city's relentless pace, Xanh SM is ready to take you there. Step inside and experience the future of urban mobility—green, seamless, and undeniably luxurious. To experience Xanh SM's electric taxi service, Jakarta residents can download the Xanh SM app, call the hotline 14068, or simply hail a taxi with a green-lit sign. As part of its grand launch, Xanh SM is offering exciting promotions: two free rides per day from 12th to 17th December 2024, exclusively via the Xanh SM app. Hashtag: #XanhSMThe issuer is solely responsible for the content of this announcement.
HANOI, VIETNAM - Media OutReach Newswire - 11 December 2024 - V-GREEN and Prime Group, a diversified conglomerate, through its UAE subsidiary, have signed a Memorandum of Understanding (MoU) to develop a network of charging stations for VinFast electric vehicles in Indonesia. This MoU does not only signify a major step forward for V-GREEN in its global mission to expand the VinFast EV charging infrastructure, but also underscores the confidence of prominent international companies in V-GREEN and VinFast's commitment to sustainable transportation. Mr. Nguyen Thanh Duong – CEO of V-GREEN (second from the left) and Mr. Mahmoud Farrag – Vice Chairman and CEO of Prime Group (third from the left) at the MOU signing ceremony. This MoU reflects the mutual intent of both parties to engage in detailed discussions to explore and develop cooperation in building charging stations in Indonesia. The two companies envision the development of approximately 100,000 VinFast charging stations in Indonesia over the next three years, with a projected total investment of up to 1.2 billion USD. V-GREEN will initially prioritize the development of VinFast charging stations in Jakarta, Surabaya, Bali, and surrounding areas, with plans to expand to other regions of Indonesia in subsequent phases. With an increasing adoption of electric vehicle, these regions are a strategic focus for V-GREEN's expansion in the Indonesian market, leveraging VinFast's diverse range of urban electric vehicles. The development of the charging stations will commence in January 2025, with a number of stations expected to be operational within the year. Leveraging its strong financial potential and global network of partners, Prime Group, a diversified conglomerate with operations across the Middle East and Africa, is responsible for arranging fundings to develop the VinFast EV charging infrastructure. Meanwhile, V-GREEN will proactively research the market, identify strategic locations, and build and operate a network of charging stations to meet the growing demand of electric vehicle users in Indonesia. Mr. Tamer Wagih Salem, Chairman of Prime Group shared: "Leveraging our expertise across various industries, we are proud to partner with V-GREEN to capitalize on the immense potential of Indonesia's green transportation sector as one of Southeast Asia's most promising markets. We are confident that this collaboration, fueled by V-GREEN's strong reputation and execution capabilities, will not only benefit both companies but also significantly contribute to the growth of Southeast Asia's electric vehicle market. This partnership with V-GREEN will take us to explore more opportunities globally, starting with Indonesia then expanding to the Middle East, Europe, the United Kingdom and the United States. Together, we will create exceptional value for society and the global community." Mr. Nguyen Thanh Duong, CEO of V-GREEN shared: "Partnering with a strategic Middle Eastern partner opens up exciting new opportunities for V-GREEN to expand our global electric vehicle charging network. Together, we will create a comprehensive electric vehicle ecosystem, reducing environmental impact and enhancing quality of life. This collaboration will yield significant benefits for both our companies, consumers, and the community. Together with VinFast and GSM, we will strongly promote the "For a Green Future" campaign in Indonesia." V-GREEN was founded by VinFast's Founder, Mr. Pham Nhat Vuong, with a 90% stake. Separated from VinFast's charging station development department, V-GREEN is dedicated to investing in the entire electric vehicle infrastructure. This aligns with the company's mission to foster a green ecosystem and accelerate the electric transportation revolution. The MoU with Prime Group marks a pivotal moment for V-GREEN as a key partner in VinFast's global expansion. By developing a robust charging infrastructure, V-GREEN is paving the way for VinFast to successfully penetrate the dynamic Indonesian market. Since its official launch in Indonesia, VinFast has delivered two EV models, the VF e34 and VF 5. The company is actively expanding its dealer network, implementing attractive sales policies, and has broken ground on an assembly plant in Subang, West Java to enhance its global production capacity. Hashtag: #V-GREEN #VinFast #EVThe issuer is solely responsible for the content of this announcement.About VinFastVinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at: https://www.vinfastauto.com. About Prime GroupPrime Group is a highly diversified business conglomerate with an extensive network spanning the Middle East and Africa region. Established in 1995, the group operates across a broad spectrum of industries and has built a reputation for excellence and innovation. Prime Group is committed to fostering international partnerships with leading global entities seeking to establish a presence in the MENA region across its core sectors. The group also actively pursues collaborations in emerging and thriving markets worldwide, striving for win-win solutions that prioritize sustainability, business continuity, and due diligence. Guided by a forward-thinking vision, Prime Group ensures that every partnership aligns with its values of long-term growth, mutual benefit, and responsible business practices. Learn more at: http://primegroupegypt.com/index.html
HANOI, VIETNAM - Media OutReach Newswire – 9 December 2024 - By electrifying its taxi fleet, Jakarta could significantly reduce emissions and improve air quality, as shown by the success of electric taxis in cities around the world. One standout example is Xanh SM in Vietnam, which has also reshaped public attitudes toward electric vehicles (EVs). Xanh SM fleet in Vietnam. Photo: GSM Jakarta is no stranger to air pollution, frequently ranking among the world's most polluted cities. In fact, it topped IQAir's global rankings as the world's most polluted city just this June[1]. This pollution is more than a nuisance—it is a menace to public health. Agus Dwi Susanto, chairman of the Indonesian Society of Respirology, describes it as a "silent killer."[2] Research from the Society shows that outdoor workers in Jakarta face heightened risks of respiratory illness due to the city's poor air quality. The main culprit? Transportation, which accounts for a staggering 44% of Jakarta's air pollution[3]. With vehicle emissions dominating the city's pollution profile, the urgency for cleaner transport solutions has never been clearer. Amid this crisis, electric taxis offer a dual opportunity: they reduce emissions and reframe public perception of sustainable mobility. Jakarta's Struggle with Vehicle Emissions The engine of Jakarta's economy is also its greatest environmental burden. Roughly 24 million vehicles traverse the city's roads daily[4], spewing harmful particulate matter and nitrogen oxides into the air. To combat this, Jakarta has implemented aggressive measures. Two low-emission zones (LEZs) now restrict high-emission vehicles, encouraging the use of cleaner alternatives like electric cars. The odd-even license plate rule further incentivizes EVs by exempting them from traffic restrictions. Additionally, emissions testing for certain vehicles adds another layer of accountability. Still, while these initiatives are essential, they are not enough to solve the problem. The most promising path forward lies in electrifying transportation. Electric taxis' role in bringing about cleaner air is clear. In Guangzhou, China, a 2021 study published in Environmental Science & Technology found that electric taxis reduced particulate matter by 34% and nitrogen oxides by 51%[5]. A 2024 analysis further that replacing gasoline cars with EVs reduced emissions by 8.72 kilograms of CO₂ per vehicle each month[6]. Meanwhile, in Cambridge, UK, electrifying 10% of the Hackney Carriage fleet lowered NOx emissions in city centers by 11%[7]. Beyond reducing pollution, electric taxis are catalysts for public awareness. Each one becomes a moving billboard for sustainability, normalizing EVs and encouraging individual adoption. In that sense, taxi fleets have a unique ability to accelerate the transition to sustainable transportation. Lessons from Xanh SM: A Blueprint for Jakarta Electric taxis are more than a local solution; they're part of a worldwide movement, with major cities in North America and Europe leading the charge. Closer to home, Jakarta can draw inspiration from Vietnam's success in green transportation, led by Xanh SM, the country's largest pure-electric taxi operator. Since launching in Hanoi in 2023, Xanh SM has expanded to 56 of Vietnam's 63 provinces and cities. Its fleet of 80,000 vehicles—including electric cars, e-bikes, and partner-operated units—serves millions of passengers daily[8]. Collectively, these efforts have cut 100,000 tons of CO₂ emissions annually, equivalent to the carbon absorption of 4.7 million trees[9]. As the world's first multi-platform green transportation company, Xanh SM has also committed to making electric vehicles accessible to the masses. By embedding sustainability into daily life, it raises public awareness about the convenience, intelligence, and environmental benefits of green mobility. "Xanh SM is regarded as the top provider in terms of service quality, coverage, fleet size, and customer satisfaction, outperforming both traditional and tech-based taxi services," noted Mordor Intelligence[10]. This success underscores the viability of large-scale electrification—a model Jakarta could replicate. Positioning Jakarta as a Green Leader Jakarta's electrification efforts are already underway, with initiatives like electric buses and charging infrastructure paving the way. But the city's immense market potential and government backing make it well-positioned to achieve even more. Electric taxis, when scaled properly, hold the potential to not only alleviate Jakarta's pollution crisis but also position Indonesia as a regional leader in sustainable transportation. This transformation will take time, but the momentum is building. Through government policies, private sector innovation, and public engagement, Jakarta could emerge as a global success story for clean mobility. Indonesia, with Jakarta at the forefront, is demonstrating strong leadership in fostering sustainable growth. This approach not only underscores Indonesia's dedication to protecting the environment but also serves as an inspiring call for businesses and communities to unite towards a greener future. [1] https://jakartaglobe.id/news/jakarta-tops-global-pollution-rankings-as-air-quality-plummets [2] https://www.channelnewsasia.com/asia/indonesia-jakarta-air-pollution-emissions-vehicles-factories-2285926#:~:text=%E2%80%9CWhen%20there%20is%20a%20low%20concentration%20of%20pollution%2C%20we%20won%E2%80%99t%20feel%20it%20immediately.%20We%20will%20feel%20the%20effects%20after%20years%20of%20getting%20exposed.%20We%20can%20say%20that%20air%20pollution%20is%20like%20a%20silent%20killer%2C%E2%80%9D%20he%20said. [3] https://apnews.com/article/indonesia-jakarta-air-pollution-dry-season-vehicles-ef97483d1c3de48207619562635710c2#:~:text=Data%20from%20the%20Ministry%20of%20Environment%20and%20Forestry%20said%2044%25%20of%20air%20pollution%20comes%20from%20transportation%2C%20compared%20to%2031%25%20from%20industry [4] https://www.kompas.id/baca/english/2024/10/24/en-layanan-transportasi-publik-untuk-kesejahteraan-warga [5] https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/61/e3sconf_icree2023_01003.pdf [6] https://www.nature.com/articles/s41598-023-50745-6 [7] https://www.local.gov.uk/case-studies/electric-vehicle-taxi-transition [8] https://vneconomy.vn/techconnect//thi-truong-goi-xe-co-trong-tay-va-co-hoi-chiem-linh-ngoi-vuong-cua-xanh-sm.htm [9] https://cafef.vn/cach-xanh-sm-hoi-dap-loi-canh-bao-tu-me-thien-nhien-820-trieu-km-xanh-100-nghin-tan-co2-duoc-cat-giam-va-con-nhieu-hon-the-nua-188241111114705698.chn#:~:text=100%20ngh%C3%ACn%20t%E1%BA%A5n%20C02%20theo%20%C4%91%C3%B3%20%C4%91%C3%A3%20%C4%91%C6%B0%E1%BB%A3c%20c%E1%BA%AFt%20gi%E1%BA%A3m%2C%20t%C6%B0%C6%A1ng%20%C4%91%C6%B0%C6%A1ng%204%2C7%20tri%E1%BB%87u%20c%C3%A2y%20xanh%20quang%20h%E1%BB%A3p%20trong%201%20n%C4%83m. [10] https://vneconomy.vn/techconnect//thi-truong-goi-xe-co-trong-tay-va-co-hoi-chiem-linh-ngoi-vuong-cua-xanh-sm.htm Hashtag: #XanhSMThe issuer is solely responsible for the content of this announcement.
Third-generation member of Thailand's Charoen Pokphand Group and Fortune magazine owner reinforces commitment to U Power's innovative EV battery solutions SHANGHAI, Dec. 9, 2024 /PRNewswire/ -- U Power Limited (the "Company" or "U Power"), today announced a strategic meeting between CEO Jia Li and Chatchaval Jiaravanon, one of the company's largest shareholders and a third-generation member of Thailand's Charoen Pokphand Group. The meeting focused on strengthening the partnership established earlier this year through Fortune Light Assets Ltd.'s strategic investment in U Power, with discussions covering key business initiatives including battery asset management, battery-swapping stations, and compatible electric vehicles. Mr. Jiaravanon brings extensive experience across technology, media, and finance sectors. As a third-generation member of Thailand's Charoen Pokphand Group, he serves as a board member of True Corporation, one of Thailand's largest integrated telecommunications operators. He is also the owner of Fortune magazine and co-founder of fintech company Lightnet Technologies. During the strategic discussion, Mr. Jiaravanon expressed strong confidence in U Power's development: "As a global leader in charging and battery-swapping technology, U Power has shown remarkable potential in Thailand and neighboring regions. I am particularly interested in the battery bank business model and have made strategic investments accordingly. The success of the battery-swapping model hinges on the development of the battery ecosystem, and I remain committed to supporting its growth and development." Jia Li, Founder and CEO of U Power, highlighted the company's commitment to Southeast Asian markets: "Thailand is central to our Southeast Asian strategy, where we have established local operations to serve the market. Aligned with Thailand's "30•30" development strategy, which aims to have electric vehicles account for 30% of the country's total annual automobile production, or 750,000 units, by 2030, we are focusing on commercial vehicle electrification. Our battery-swapping stations and compatible vehicles are currently undergoing road tests in Thailand, and we are developing close cooperation with Velo Labs for our battery bank solutions initiative." Looking ahead to 2025, Li added, "We are preparing for the commercial launch of our battery-swapping operations in Thailand next year. Multiple Thai businesses have already expressed interest in collaborating with us, and we are confident that U Power's battery-swapping model will establish a strong presence across Thailand and Southeast Asia."
SHANGHAI, Dec. 6, 2024 /PRNewswire/ -- Today, Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, announced an exclusive series production design win with Great Wall Motor, covering several models across its two brands. These models will feature Hesai's ATX, an ultra-compact high-resolution long-range lidar, scheduled for mass production starting in 2025. Great Wall Motor, a leading automotive manufacturer in China, has made significant leaps in new energy and intelligent technologies, achieving significant milestones in intelligent driving and smart cockpit systems. In 2023, the company sold over 1.23 million vehicles, including a record 262,000 electric vehicles (EVs). In the first three quarters of 2024, sales of Great Wall Motor EVs reached 195,000, reflecting a robust 57.2% year-over-year growth. Hesai and Great Wall Motor established a strategic partnership in February 2024. In August, the WEY Blue Mountain SUV, equipped with Hesai's AT128 lidar, began mass production and deliveries. As a premium SUV brand of Great Wall Motor, it supports full-scenario NOA (Navigation on Autopilot) capabilities, from highways to city streets, enabled by lidar-enhanced perception. At night, the perception technology fusion of 3D lidar and 2D vision effectively reduces blind spots and improves driving safety. Hesai's ATX model is a compact ultra-high-resolution long-range lidar featuring Hesai's proprietary platform technology, which enhances point cloud resolution while decreasing the unit's volume, weight, and power consumption. Hesai's ATX is steadily approaching mass production with multiple automotive companies selecting the ATX as a standard configuration for mass-production models in 2025. Over the next two years, additional Great Wall Motor models will integrate Hesai lidar, accelerating the adoption of NOA capabilities and delivering enhanced intelligent mobility solutions.
BEIJING, Dec. 5, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, today announced a new partnership with the State Grid Corporation of China's Hebei Electric Vehicle Charging Service Company ("State Grid Hebei") to integrate over 2,800 public chargers into NaaS's strategic partner Kuaidian's charging service network. This partnership represents a significant step forward in NaaS's efforts to advance charging interconnection and increase supply side coverage, a strategic priority the Company announced earlier this year. This collaboration will enhance the charging experience for more than one million EV owners across key cities in Hebei Province, including Shijiazhuang, Baoding, Xingtai, Cangzhou, Handan, and Hengshui, seamlessly connecting State Grid Hebei's charging network with the Kuaidian app to provide more convenient, efficient, and intelligent charging services. Users will gain access to a range of features including charging station location, real-time charger availability, one-click payments, and navigational support, optimizing their charging experience. Ms. Yang Wang, Chief Executive Officer of NaaS, commented, "This collaboration marks another milestone in NaaS's mission to improve China's EV charging ecosystem. By leveraging our NEF (NaaS Energy Fintech) system's AI-driven capabilities and our vast array of strategic partnerships, we are transforming the charging experience, improving operational efficiencies, and propelling the rapid adoption of electric vehicles in key regions like Hebei. The integration with State Grid Hebei's charging infrastructure is a prime example of how our technology can help fulfill the growing demand for EV charging services across the country." Mr. Steven Sim, Chief Financial Officer of NaaS, commented, "This partnership not only expands our market presence in Hebei Province but also demonstrates the financial strength and scalability of our NEF system. We believe that expanding our charging infrastructure footprint will provide a solid foundation for our financial performance in the coming quarters. This strategic collaboration also aligns with our long-term financial goals, with a focus on our core charging business, and underscores our commitment to delivering sustainable value to our shareholders through innovative and scalable solutions in the EV charging sector." The newly connected charging stations in Hebei will expand the availability and coverage of public charging infrastructure, particularly in high-demand cities such as Shijiazhuang, Baoding, and Tangshan, where EV adoption rates have been growing rapidly. According to data from the China Charging Alliance, Hebei Province was home to approximately 1.03 million new energy vehicles and 95,000 public chargers as of August 2024. Hebei ranks fourth in China for public charging volume, trailing only Guangdong, Jiangsu, and Zhejiang provinces, with EV sales and penetration rates growing at an impressive pace. For instance, in September 2024, Shijiazhuang's new car sales penetration reached 49.95%, with sales increasing by 45.4% year-on-year, outpacing the industry's overall growth, according to the same source. NaaS's NEF system plays a key role in enhancing the efficiency of regional charging infrastructure, utilizing real-time data on local charging demand and dynamic electricity pricing to optimize charging stations' operations, improve user flow, and enable precise marketing and service delivery. Additionally, the system's intelligent site selection and operational monitoring capabilities help charging station operators align supply and demand more accurately, improving their profitability and operational efficiency. As the NEF system's applications expand and deepen, its impact on supply-demand matching, station profitability, and industry efficiency is also increasing. Its positive outcomes have attracted widespread market recognition, solidifying NaaS's position as a key player in the EV charging industry. 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 assets' 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; 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 RelationsNaaS Technology Inc.E-mail: ir@enaas.comMedia inquiries:E-mail: pr@enaas.com
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