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NaaS Technology Inc (NASDAQ:NAAS) has entered into a strategic cooperation agreement with China Construction Third Engineering Bureau (CCTEB) in Wuhan.
The agreement will integrate NaaS’ competence in energy assets addressing and digital operation with CCTEB’s construction practices.
The parties will jointly expand the charging infrastructure networks and enhance operational efficiency.
CCTEB will work together with NaaS to implement projects in PV-charging-storage integration, energy ports, etc.
NaaS will benefit from CCTEB’s construction technology expertise, boosting its engineering capabilities and construction quality of charging facilities.
“As a new energy asset operator, NaaS is committed to improving industrial efficiency through digital technology and artificial intelligence,” said Co-founder, President and CFO Alex Wu.
Price Action: NAAS shares are trading higher by 1.99% at $1.5299 on the last check Tuesday.
Posted In: NAAS
