Naas technology inc. announces plan to implement ads ratio change

Beijing , april 24, 2025 /prnewswire/ -- naas technology inc. (nasdaq: naas) ("naas" or the "company"), the first u.s.-listed ev charging service company in china, today announced that that it will change the ratio of its american depositary shares (the "adss") to its class a ordinary shares (the "ads ratio"), par value us$0.01 per share, from the current ads ratio of one ads to 200 class a ordinary shares to a new ads ratio of one ads to 800 class a ordinary shares. the change in the ads ratio will become effective on april 28, 2025 (u.s. eastern time) ("effective date").
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