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    Zoe Feng • Tianfeng Securities

    Zoe Feng's questions to NaaS Technology Inc (NAAS) leadership

    Zoe Feng's questions to NaaS Technology Inc (NAAS) leadership • Q2 2024

    Question

    Zoe Feng of Tianfeng Securities requested an update on NaaS's partnerships with electric vehicle manufacturers and asked how these collaborations benefit the company.

    Answer

    Alex Wu, President and CFO, reported that NaaS now partners with most major OEMs, integrating its services into over 165 EV models. He explained the benefits are twofold: direct revenue from onetime setup fees and ongoing subscriptions, and indirect advantages such as increased brand awareness and technology collaboration that aid customer acquisition. Wu also highlighted partnerships with government-sponsored research bodies and local governments to help set industry standards and support national carbon-neutral initiatives.

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    Zoe Feng's questions to NaaS Technology Inc (NAAS) leadership • Q2 2024

    Question

    Zoe Feng of Tianfeng Securities asked for an update on NaaS's partnerships with EV manufacturers, including recent developments and the resulting benefits for the company.

    Answer

    Alex Wu, President and CFO, highlighted a new Q2 partnership with JI YUE and noted that NaaS now partners with most major OEMs, with services embedded in over 150 EV models. He explained the benefits are twofold: direct revenue from setup and subscription fees, and indirect advantages like enhanced brand awareness and technology collaboration that drive customer acquisition. Mr. Wu also mentioned collaborations with government-sponsored research institutes and carbon-neutral initiatives to solidify NaaS's leadership role in the industry.

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