SCHEDULE: NaaS Technology Inc. Ownership Filing

Comane International Group Ltd. and Bin Wu report beneficial ownership of 16.2% of NaaS Technology Inc.'s Class A ordinary shares.

Summary

• Comane International Group Ltd. and Bin Wu have jointly reported beneficial ownership of 6,243,715,800 Class A ordinary shares of NaaS Technology Inc.
• This represents 16.2% of the total outstanding Class A ordinary shares.
• The reported shares include directly held shares and shares issuable upon the exercise of warrants.
• Specifically, 2,900,000,000 shares are held directly, 2,900,000,000 are issuable from 2026 Warrants, and 443,715,200 are issuable from 2025 Warrants.
• The total outstanding shares considered for this calculation are 38,560,642,687 as of March 31, 2026, encompassing Class A, B, and C ordinary shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports ownership information and does not contain operational or financial performance data.

Positives

• Significant beneficial ownership stake reported by Comane International Group Ltd. and Bin Wu, indicating substantial investor interest.
• The reporting persons hold sole voting and dispositive power over the reported shares, suggesting strong control over their holdings.

Risks

• The filing does not explicitly detail risks associated with the ownership stake or potential future actions of the reporting persons.
• Potential for future share sales or changes in ownership could impact market dynamics, though no specific plans are disclosed.

Future Outlook

The filing is a Schedule 13G, which reports beneficial ownership and does not contain forward-looking statements or financial guidance from the company.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard for institutional investors and significant shareholders to disclose their holdings. This filing indicates a substantial ownership position in NaaS Technology Inc. by Comane International Group Ltd. and Bin Wu, which could be relevant for understanding the company's shareholder structure.

Related Party Transactions

• The filing indicates that Comane International Group Ltd. is wholly owned by Bin Wu, establishing a related party relationship between the two reporting persons.

Stakeholder Impact

• Shareholders: The significant ownership by Comane International Group Ltd. and Bin Wu may influence corporate strategy and decision-making.
• Management: The substantial stake could imply a degree of oversight or potential influence on management's actions.

Next Steps

• The reporting persons are required to update this filing if their beneficial ownership changes significantly.

Key Dates

Keywords

NaaS Technology Inc., Schedule 13G, Beneficial Ownership, Comane International Group Ltd., Bin Wu, Class A Ordinary Shares, Warrants, SEC Filing, Shareholder