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NaaS Technology Announces Board Changes with New Appointment

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NaaS Technology Announces Board Changes with New Appointment

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NaaS Technology ( (NAAS) ) has provided an update.

On August 20, 2025, NaaS Technology Inc. announced changes to its board of directors with the resignation of Mr. Guangming Ren and the appointment of Mr. Wei Zhang as an independent director. Mr. Zhang, with extensive experience in education, technology, and finance, is expected to enhance the company’s strategic priorities and operational excellence. This leadership change is poised to strengthen NaaS Technology’s position in the EV charging industry, reflecting its commitment to innovation and growth.

The most recent analyst rating on (NAAS) stock is a Sell with a $2.50 price target. To see the full list of analyst forecasts on NaaS Technology stock, see the NAAS Stock Forecast page.

Spark’s Take on NAAS Stock

According to Spark, TipRanks’ AI Analyst, NAAS is a Underperform.

NaaS Technology’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and high leverage. The technical analysis also indicates a bearish trend, further contributing to the low score. The valuation is unfavorable due to a negative P/E ratio and lack of dividends, making the stock less attractive to investors.

To see Spark’s full report on NAAS stock, click here.

More about NaaS Technology

NaaS Technology Inc. operates in the technology sector, focusing on digital innovation and growth strategies. The company is involved in the electric vehicle (EV) charging industry, providing services and products that cater to the growing demand for EV charging solutions in China.

Average Trading Volume: 232,630

Technical Sentiment Signal: Sell

Current Market Cap: $2.54M

See more data about NAAS stock on TipRanks’ Stock Analysis page.

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