On May 16, Chen Hao, Secretary of CPC Huzhou Municipal Party Committee, Zhejiang Province, Yang Weidong, Member of Standing Committee of CPC Huzhou Municipal Party Committee and Secretary of Anji County Party Committee and their delegation paid a visit to the NaaS (NASDAQ: NASS) headquarters in Anji, accompanied and received by Dai Zhen, Founder and CEO of NewLink and Chairman of NaaS, Wang Yang, Founder and CEO of NaaS, etc.

Group photo of Chen Hao, Secretary of CPC Huzhou Municipal Party Committee (center), Yang Weidong, Member of Standing Committee of CPC Huzhou Municipal Party Committee and Secretary of Anji County Party Committee (second on the left) and the top management of NaaS

In the NaaS exhibition center, Chen Hao and his delegation built up a picture of the company's development situation and innovation practice. As the first Anji-based EV charging service provider listed on NASDAQ, NaaS delivers one-stop industry solutions from station planing and site selection consulting to EPC engineering, connectivity, operation & maintenance, station management and user-side energy storage, PV, virtual power plants and autonomous charging robots. In 2022, NaaS was awarded a “Contributor” that takes concrete action and dares to be the first in Huzhou City, and its Founder and CEO Wang Yang was honored the “Economic Figure of Year” in Anji County.

Since earlier this year, NaaS has been delivering practical benefits in PV combined energy storage charging, virtual power plant, destination charging service, autonomous energy supply, etc. Prioritizing virtual power plants in its business structure, NaaS has obtained the qualification for selling electricity. The PV combined energy storage charging demonstration station built in the China Bamboo Expo Park, Anji has become one of the major stations for integration of virtual power plant resources.

In recent years, Huzhou City has been running on the “fast track” of NEV development and charging infrastructure building. In 2022, the city’s incremental vehicles fueled by new energy reached 24,472, up 85.99% from a year earlier. Meanwhile, the city has been pushing forward “accessibility of EV chargers in rural areas”, by unveiling relevant guidelines for construction of NEV charging piles, PV systems, energy storage stations and energy management systems. By December 2023, Huzhou is expected to precede other cities in Zhejiang Province in realizing full coverage of public charging infrastructure in rural areas. In doing so, NaaS will use its best endeavor to help the city build a high-quality charging service network at faster pace.

As of Q1 2023, NaaS' charging service network covered 55,000 charging stations and 575,000 chargers with a charging volume of 1.023 billion kWh, representing 21% of the public charging volume in China. NaaS' strategic partner Fleetin engages car owners in better pile search and charging experience, with “one-click pile search”, “one-click charging”, “pile search map” and other services. Till March 31, Fleetin had 9 million registered users, including 5 million transaction users.