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Kelly Zou

Senior Vice President and Equity Research Analyst at Jefferies

Min 'Kelly' Zou is a Senior Vice President and Equity Research Analyst at Jefferies Financial Group Inc., specializing in coverage of Asian autos and auto parts companies. She covers key firms within the automotive and industrial sectors across the Hong Kong market, consistently providing in-depth research for institutional clients. Zou began her equity research career focused on Asian markets and has built expertise at Jefferies since joining, advancing to her current SVP role. She holds professional finance credentials and maintains a strong industry reputation for sector knowledge and analytical rigor.

Kelly Zou's questions to NaaS Technology (NAAS) leadership

Kelly Zou's questions to NaaS Technology (NAAS) leadership • Q1 2024

Question

Asked about EV charging market trends and the company's growth strategy, as well as the reasons for reduced sales and marketing expenses and the outlook for future efficiency.

Answer

The EV market offers significant growth due to low penetration and fragmentation, which NaaS addresses with its 'ABC' strategy (Analytics, BD, Connectivity). S&M costs are down due to organic user acquisition from its ecosystem and AI-optimized subsidies, a trend expected to continue.

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