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    King San

    Research Analyst at The Goldman Sachs Group, Inc.

    King San is an Equity Research Analyst at The Goldman Sachs Group, Inc., specializing in in-depth coverage of public companies across the financial services sector. He provides research and investment recommendations focusing on firms such as Citigroup, HSBC, and Evercore ISI, with insights tracked across major market platforms and has contributed to the firm’s 'Hold' consensus found on MarketBeat. King San has developed his expertise at Goldman Sachs since the mid-2010s, having previously held research positions at other leading investment banks. He holds recognized professional credentials, including FINRA registration and multiple securities licenses, reflecting a commitment to regulatory standards and analytical rigor.

    King San's questions to NaaS Technology (NAAS) leadership

    King San's questions to NaaS Technology (NAAS) leadership • Q1 2024

    Question

    King San from Goldman Sachs asked for management's perspective on both the short-term and long-term pricing trends in the EV charging services market.

    Answer

    CEO Wang Yang stated that while short-term market prices are generally stable, NaaS's gross take rate has been consistently improving. For the long term, she sees significant upside for charging prices due to the large cost advantage of EVs over ICE vehicles, decreasing user price sensitivity, and favorable comparisons to developed markets.

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