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An update from NaaS Technology ( (NAAS) ) is now available.
On January 23, 2026, NaaS Technology Inc. held an extraordinary general meeting of shareholders in Langfang, Hebei Province, at which investors approved all three resolutions proposed in the meeting notice. Shareholders passed a special resolution to reduce the par value of each authorized and issued share from US$0.01 to US$0.000001, resulting in total authorized and issued share capital of US$52,000, a special resolution to amend and restate the company’s constitutional documents from the Third to the Fourth Amended and Restated Memorandum and Articles of Association (to take effect upon the relevant Cayman Islands filings), and an ordinary resolution authorizing directors, officers and agents to implement these changes, collectively positioning the company with a more flexible capital structure and updated governance framework as it continues to develop its EV charging services business in China.
The most recent analyst rating on (NAAS) stock is a Hold with a $3.00 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 Neutral.
NaaS Technology’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, persistent losses, and high leverage. Technical analysis provides some stability with neutral indicators, but the negative MACD suggests bearish momentum. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield.
To see Spark’s full report on NAAS stock, click here.
More about NaaS Technology
NaaS Technology Inc. is the first U.S.-listed electric vehicle (EV) charging service company in China and a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in the country. Positioned as a major provider of new energy asset operation services, NaaS uses advanced technology to match EV charging supply with demand, aiming to deliver a seamless, efficient and smart charging experience for EV users while helping charging stations and their operators optimize operations, improve efficiency and enhance profitability.
Average Trading Volume: 23,183
Technical Sentiment Signal: Sell
Current Market Cap: $2.71M
See more data about NAAS stock on TipRanks’ Stock Analysis page.