NaaS Technology Inc. Announces Plan to Implement ADS Ratio Change
NaaS Technology Inc. Announces Plan to Implement ADS Ratio Change
BEIJING, May 30, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NaaS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it plans to change the ratio of its American Depositary Shares (the "ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.01 per share, from the current ADS Ratio of one ADS to 10 Class A ordinary shares to a new ADS Ratio of one ADS to 200 Class A ordinary shares.
北京，2024年5月30日 /PRNewswire/ — 中國第一家在美國上市的電動汽車充電服務公司NaaS Technology Inc.（納斯達克股票代碼：NaaS）（“NaaS” 或 “公司”）今天宣佈，計劃將其美國存托股份（“ADS”）與其A類普通股的比例（“ADS比率”），即面值每股0.01美元一股ADS對10股A類普通股的比率與新的ADS比率爲一股ADS對200股A類普通股的比率。
For the Company's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-twenty reverse ADS split. A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the SEC to reflect the change in the ADS Ratio. The Company anticipates that the change in the ADS Ratio will be effective on or about June 10, 2024 (U.S. Eastern Time).
對於公司的ADS持有人而言，ADS比率的變化將與反向ADS拆分的效果相同。F-6表格上的ADS註冊聲明的生效後修正案將提交給美國證券交易委員會，以反映ADS比率的變化。該公司預計，ADS比率的變更將在2024年6月10日左右（美國東部時間）生效。
Each ADS holder of record at the close of business on the date when the change in ADS Ratio is effective will be required to surrender and exchange every 20 existing ADSs then held for one new ADS. JPMorgan Chase Bank, N.A., as the depositary bank for the Company's ADS program, will arrange for the exchange of the current ADSs for the new ones. The Company's ADSs will continue to be traded on the Nasdaq Stock Market under the symbol "NaaS."
在ADS比率變更生效之日營業結束時，每位登記在冊的ADS持有人將被要求交出每20份現有ADS並將其換成一個新的ADS。摩根大通銀行作爲公司ADS計劃的存託銀行，北卡羅來納州摩根大通銀行將安排將當前的ADS交換爲新的存託銀行。該公司的ADS將繼續在納斯達克股票市場上交易，股票代碼爲 “NaaS”。
No fractional new ADSs will be issued in connection with the change in the ADS Ratio. Instead, fractional entitlements to new ADSs will be aggregated and sold by the depositary bank and the net cash proceeds from the sale of the fractional ADS entitlements (after deduction of fees, taxes and expenses) will be distributed to the applicable ADS holders by the depositary bank. The change in the ADS Ratio will have no impact on the Company's underlying Class A ordinary shares, and no Class A ordinary shares will be issued or cancelled in connection with the change in the ADS Ratio.
不會因ADS比率的變化而發行任何新的ADS。取而代之的是，新存託銀行將彙總和出售新存託憑證的部分權益，出售部分ADS權益（扣除費用、稅收和支出後）的淨現金收益將由存託銀行分配給適用的ADS持有人。ADS比率的變化不會對公司的標的A類普通股產生任何影響，也不會因ADS比率的變化而發行或取消A類普通股。
As a result of the change in the ADS Ratio, the ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the change in the ADS Ratio will be equal to or greater than 20 times the ADS trading price before the change.
由於ADS比率的變化，ADS交易價格預計將按比例上漲，儘管公司無法保證ADS比率變動後的ADS交易價格將等於或大於變更前ADS交易價格的20倍。
The depositary and the Company have also agreed to amend and restate the deposit agreement, dated as of October 19, 2017 and amended on May 31, 2022, in order to bring it in line with current standards and to reflect the change in the ADS Ratio.
存託人和公司還同意修改和重述截至2017年10月19日並於2022年5月31日修訂的存款協議，以使其符合現行標準並反映ADS比率的變化。
About NaaS Technology Inc.
關於 NaaS 科技公司
NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company provides one-stop solutions to energy asset owners comprising charging services, energy solutions and new initiatives, supporting every stage of energy asset's lifecycle and facilitating energy transition.
NaaS Technology Inc. 是中國第一家在美國上市的電動汽車充電服務公司。該公司是中國領先的能源數字化集團新聯科技有限公司的子公司。該公司爲能源資產所有者提供一站式解決方案，包括充電服務、能源解決方案和新舉措，爲能源資產生命週期的每個階段提供支持，促進能源轉型。
For investor and media inquiries, please contact:
投資者和媒體垂詢，請聯繫：
Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com
投資者關係
NaaS 科技公司
電子郵件： ir@enaas.com
媒體查詢：
電子郵件： pr@enaas.com
View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-announces-plan-to-implement-ads-ratio-change-302159345.html
SOURCE NaaS Technology Inc.
來源 NaaS Technology
譯文內容由第三人軟體翻譯。