US Stock Market Move | NaaS Technology, Inc. Sponsored ADR (NAAS.US) closed nearly 8% higher and reached a cooperation agreement with Zhi Ji Auto for mutual charging and interconnection.

NaaS Technology, Inc. Sponsored ADR (NAAS.US) rose by 7.82% on Tuesday, closing at $3.31. Earlier, NaaS Technology, Inc. Sponsored ADR announced a partnership with Zhiji Auto for interconnected charging services. Zhiji Auto is a joint venture created by SAIC Motor Corporation, Alibaba Group Holding Limited Sponsored ADR, and Shanghai Zhangjiang Hi-Tech Park Development. NaaS Technology, Inc. Sponsored ADR will open up its strategic partner KuaiDian's national network of fast charging and supercharging stations for public use. Following the partnership, the two parties will enable interconnected charging stations, payment settlement, and other functions to provide Zhiji Auto owners with a wider range of charging options and access to more efficient and intelligent charging services. This collaboration will also help promote open sharing in the charging service industry and accelerate the development of new energy vehicles.