NaaS Technology Inc. completed a private placement on August 31, 2026, raising $25 million in gross proceeds by issuing 7,507,507 American depositary shares (ADSs) and warrants exercisable for up to 7,150,007 additional ADSs. The transaction involved the sale of 24,024,022,400 Class A ordinary shares at approximately $3.33 per ADS, with warrants carrying an exercise price of $3.4965 per ADS valid until August 31, 2031. Newlink Envision Limited, an affiliate of controlling shareholder Newlinks Technology Limited, participated in the offering as a related-party transaction approved by the Audit Committee. Post-closing, total issued and outstanding shares increased to approximately 78.6 billion, with Newlink retaining a 57.71% voting interest. NaaS Technology Inc. operates in the electric vehicle charging infrastructure industry.

NaaS Technology Inc. reported its first-ever operating profit of RMB28.9 million (US$4.3 million) for the six months ended June 30, 2026, compared to an operating loss of RMB39.1 million in the prior year period. Total revenues declined 32% to RMB45.5 million (US$6.7 million), driven by a strategic shift toward an asset-light platform model that prioritized profitability over transaction volume. Net profit was RMB19.8 million (US$2.9 million), down from RMB65.4 million in the prior year, primarily due to the absence of a one-time fair value gain recognized previously. Operating expenses decreased 82% to RMB19.1 million as the company rationalized its cost base following its strategic transformation. Subsequent to the reporting period, NaaS completed the acquisition of China Newlink Holding Limited in July 2026 to expand its EV and energy data portfolio. Additionally, an SCC arbitral tribunal issued a final award holding NaaS liable for damages related to the terminated Charge Amps acquisition, though management believes existing provisions cover the exposure. The company operates in the electric vehicle charging services and energy solutions industry.

NaaS Technology Inc. regained compliance with Nasdaq Listing Rule 5550(b)(2) regarding the minimum market value of listed securities requirement, closing the matter as of August 4, 2026. The company previously received a non-compliance notice on February 17, 2026, after failing to maintain a market value of at least $35 million for 30 consecutive trading days. Nasdaq confirmed compliance because the company's market value remained at or above $35 million for 20 consecutive business days from July 7 through August 3, 2026. NaaS Technology Inc. is the first U.S.-listed EV charging service company in China and a leading provider of new energy asset operation services.

On July 22, 2026, NaaS Technology Inc. closed a share acquisition agreement with its controlling shareholder, Newlinks Technology Limited, and affiliates. The company acquired China Newlink Holding Limited as a wholly owned subsidiary by issuing 16,000,000,000 Class A ordinary shares to Newlink Digital Energy Holding Limited. Following the transaction, total issued and outstanding shares rose to 54,577,157,881, with the Parent and its affiliates holding 61.3% of the total voting power. The company operates in the energy technology sector, providing digital energy services.

An arbitral tribunal under the SCC Arbitration Institute issued a final award on July 14, 2026, against NaaS Technology Inc. and its Swedish subsidiary, Fleetin AB. The ruling stems from the termination of a November 2023 share purchase agreement regarding the proposed acquisition of Charge Amps AB. The tribunal determined Fleetin AB breached the agreement by failing to complete the acquisition, holding both the subsidiary and the parent company jointly and severally liable for damages, statutory interest, and legal costs. NaaS is currently reviewing the award's implications but maintains the matter does not impact ongoing operations. NaaS Technology Inc. provides network-as-a-service solutions for the electric vehicle charging industry.