Mergers & Acquisitions ·
NaaS Technology Inc. entered into a Share Acquisition Agreement on July 9, 2026, to acquire 100% of China Newlink…
NAASNaaS Technology Inc.
NaaS Technology Inc. entered into a Share Acquisition Agreement on July 9, 2026, to acquire 100% of China Newlink Holding Limited (the Target) for a total consideration of US$15,000,000. The transaction is a related-party transaction involving the Company's controlling shareholder, Newlinks Technology Limited. The acquisition will be satisfied through the issuance of 16,000,000,000 Class A ordinary shares, equivalent to 5,000,000 ADSs, based on a reference price of US$3.00 per ADS. The acquisition is subject to several conditions precedent, including regulatory and Audit Committee approval. NaaS Technology Inc. provides electric-vehicle and energy data services in China.