NaaS Technology, Inc. Sponsored ADR (NAAS.US) collaborates with State Grid Hebei Electric Vehicle Charging Service to upgrade the charging experience for millions of vehicle owners.

Recently, NaaS Technology, Inc. Sponsored ADR (NAAS.US) reached a cooperation agreement with National Grid Hebei Electric Vehicle Charging Service Company (hereinafter referred to as National Grid Hebei) to achieve interconnected charging services. More than 2800 public charging stations will be connected to the charging service network of NaaS Technology, Inc. Sponsored ADR's strategic partner, Fast Electric App, covering areas such as Shijiazhuang, Baoding, Xingtai, Cangzhou, Handan, and Hengshui, providing convenient, efficient, and intelligent charging experience for millions of electric vehicle owners in Hebei. In the first half of 2024, NaaS Technology, Inc. Sponsored ADR announced a strategic focus on interconnected charging services. This cooperation with National Grid Hebei is another significant achievement under this strategy. According to data from the China Charging Alliance, as of October this year, National Grid has 197,000 public charging piles nationwide, ranking fourth in the country. The cooperation between the two parties will focus on interconnected charging facilities, precise traffic guidance, payment services, and other comprehensive services. Functions such as one-click finding of charging stations, one-click payment, online navigation, and charging station route planning will not only further strengthen the supply scale and coverage of public charging piles in Hebei Province but also ensure a good charging experience for electric vehicle owners in cities such as Shijiazhuang, Baoding, and Tangshan where there is a large number of electric vehicles. Data shows that as of August 2024, the number of new energy vehicles in Hebei Province is approximately 1.03 million, with 95,000 public charging piles. The province ranks fourth in terms of public charging volume, following Guangdong, Jiangsu, and Zhejiang, making it a true "charging province." The sales and penetration rate of new energy vehicles in major cities in Hebei Province have shown significant growth. In September 2024, the sales penetration rate of new cars in Shijiazhuang reached 49.95%, with a year-on-year sales growth of 45.4%, exceeding the overall industry growth rate; Baoding's penetration rate is close to 47%, with a month-on-month sales growth of over 80%. On one hand, NaaS Technology, Inc. Sponsored ADR leverages the traffic entry of its strategic partner, Fast Electric App, to help small and regional charging operators enhance their customer acquisition capabilities and increase the supply of public charging piles. On the other hand, it has launched its self-developed NEF (NaaS Energy Fintech) system, which optimizes station user traffic guidance, precise promotion, real-time monitoring of charging gun operations, intelligent site selection and operation, and maintenance, helping charging operators accurately match supply and demand and improve station operating efficiency. With the widespread application of the NEF system in the charging service sector, its positive impact on optimizing supply and demand matching, improving station profitability, and enhancing industry efficiency has become apparent, and its AI data intelligence capabilities have been quickly recognized by the market, becoming a tool for charging operators to improve demand-side charging experience and operational efficiency.