Skip to main content

NaaS Technology and its Parent Company, NewLink, Formed Strategic Partnership with China Construction Bank to Progress its New Energy Globally

BEIJING - September 28, 2023 - NaaS Technology Inc. (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced that its parent company, NewLink, a world-leading energy IoT solution provider and China's largest digital energy asset operator, has partnered with China Construction Bank (CCB). CCB will provide NewLink and Naas Technology Inc. with integrated financial services support.


The partnership will encompass various financial areas, including global new energy asset investment and construction finance, supply chain finance, financial inclusion, energy scenario payment and settlement, energy digital accounts, investment banking services, domestic and foreign M&A financial support, traditional financing and credit, asset management services, consumer finance, and more. The aim is to empower NewLink and NaaS to expand their global presence in the new energy sector, thereby fostering green, low-carbon, and sustainable development in the energy industry.


Specifically, NaaS will give full play to the energy asset presence it has built both at home and abroad, including equity M&A and new energy asset investment and construction. CCB, in turn, will leverage NewLink and NaaS' digital analytics capabilities and investment decision-making algorithm analysis models of its global new energy assets. This will enable CCB to provide integrated green financing services to NewLink, NaaS, and their upstream and downstream customers. These services encompass overseas M&A, liquidity loans, project loans, inclusive loans, and financing for global renewable energy asset investment in charging piles, energy storage, and PV, among others.


This partnership represents another approach to integrating financial capital into the new energy industry. CCB will help guide NaaS by providing solid financial protection for its global expansion and operation. Based on their shared vision of the industry’s prospects, both parties will collaborate to create a green finance model that supports the industry’s low-carbon development.


Listed on NASDAQ since June 2022, NaaS is the first U.S. listed EV charging service company in China, providing one-stop EV charging solutions for charging station manufacturers, operators, OEMs and enterprises. As of June 30, 2023, more than 652,000 chargers in over 62,000 charging stations were connected and accessible on NaaS’ network. Its year-to-date fundraising has achieved a total of US$91 million, and involved notable investors such as Dr. Adrian Cheng. Through the acquisition of Sinopower HK and Charge Amps this year, NaaS has made significant strides to the global energy market.

Comments

Popular posts from this blog

Cort Shared technology Ltd is a leading company in the modern technology shared portable power supply equipment rental service industry

Cort Shared technology Ltd was established in London, United Kingdom, on August 31, 2022. It is a leading company in the modern technology shared portable power supply equipment rental service industry. Leveraging in-depth research on shared power supply projects and market analysis, CSTL was created by a high-quality team to establish a global shared economy structure, becoming a leader in the industry! CSTL's business covers a wide range with a mature shared structure: CSTL has provided shared charging stations for over 30 countries/regions and has developed APP software for customers' portable power supply projects based on different payment systems. Three senior developers offer robust technical support, while 50 experienced professionals collaboratively build CSTL's stable and reliable shared network architecture. Market demand for shared portable power supplies: With global temperature rises causing frequent natural issues, organizations like the European Union are fo

Xnor Quantitative Trading System: The Future of Intelligent Investing

In today's fast-paced financial market, investors face severe challenges, including volatile markets, massive data, and complex technical analysis demands. The Xnor Quantitative Trading System was developed in response, aiming to simplify the trading process and enhance investment decisions through innovative technology. Xnor was founded in 2018 and is headquartered in Washington state, USA. In 2021, under the leadership of David Jonathan and in collaboration with the team and headquarters' top management, a cryptocurrency intelligent trading product was developed, specifically for the cryptocurrency sector. An independent strategic planning department was established, launching the globally distributed Xnor Quantitative Trading System and covering a global scope. Powerful Features of the Xnor Quantitative Trading System Platform: Automated Trading: - Create and automatically execute customized trading strategies. - Automatically generate and execute trading orders. - Monitor t

The Role of Vendor Management Systems in Streamlining Operations

In an increasingly complex business world, managing numerous vendor relationships effectively is crucial for maintaining a competitive edge. Vendor Management Systems (VMS) are becoming indispensable tools in this effort, providing businesses with the capabilities to optimize and streamline vendor interactions. Understanding Vendor Management Systems A Vendor Management System (VMS) is a transformative tool designed to enhance how companies manage and interact with their vendors. It offers a centralized platform for automating and streamlining all aspects of vendor relations, including selection, contract management, performance evaluation, and payment processes. By facilitating a more structured and transparent interaction with suppliers, a VMS helps businesses optimize efficiencies, maintain compliance, and build stronger, more strategic partnerships. This system proves invaluable for organizations that handle numerous vendors or those needing tight control over procurement to meet