Summary by Futu AI
On December 18, 2024, Newlinks Technology Limited and its subsidiary Newlinks Envision Limited updated their beneficial ownership in NaaS Technology Inc. Newlinks Technology now owns 51.8% of NaaS's outstanding shares, representing 77.5% of total voting power. Newlinks Envision directly holds 42.7% of shares, accounting for 63.9% of voting rights.The ownership includes various classes of shares with different voting rights. Class B and C shares are convertible to Class A shares. The calculation is based on 2,756,691,043 total outstanding shares as of December 19, 2024, excluding certain reserved and potentially issuable shares.Additionally, Newlinks Envision entered a Tranche #2 Loan Agreement on December 18, 2024, transferring 200,000 ADSs (40,000,000 Class A shares) as collateral to the lender, with voting rights transferred but not to be exercised by the lender.