US Stock Market Move | Charging network coverage in Chinese cities exceeds 50%. NaaS Technology, Inc. Sponsored ADR(NAAS.US) rose more than 10% in pre-market trading.

On Thursday, NaaS Technology, Inc. Sponsored ADR (NAAS.US) pre-market stock price rose more than 10% to $1.75. On the news front, NaaS Technology, Inc. Sponsored ADR announced that its charging network has successfully expanded to 360 cities in China by the end of 2024. This represents a city coverage rate of over 50% compared to the total of 694 cities reported by the National Bureau of Statistics in 2023. Among the 360 cities covered by NaaS Technology, Inc. Sponsored ADR, approximately 170 cities saw an increase of over 50% in charging volume through the NaaS Technology, Inc. Sponsored ADR platform in 2024 compared to 2023.