Naas technology inc. announces completion of ads ratio change

Beijing , april 28, 2025 /prnewswire/ -- naas technology inc. (nasdaq: naas) ("naas" or the "company"), the first u.s.-listed ev charging service company in china, today announces that the previously announced change of the ratio (the "ads ratio") of its american depositary shares (the "adss") to its class a ordinary shares has taken effect at the open of business on april 28, 2025 (u.s. eastern time) ("effective date"). the change in the ads ratio, from one ads to 200 class a ordinary shares to one ads to 800 class a ordinary shares, had the same effect as a one-for-four reverse ads split.
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