BEIJING, Jan. 7, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announced that management will participate in Huachuang Securities 2025 Annual Strategy Conference in Shenzhen, China on Wednesday, January 8, 2025. The Company’s session is scheduled at 1:30 p.m. Beijing Time.

Connect with NaaS Management

For more information or to schedule a one-on-one meeting with NaaS management, please contact your event representative or NaaS investor relations team via email at ir@enaas.com 

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company provides one-stop solutions to energy asset owners comprising charging services, energy solutions and new initiatives, supporting every stage of energy assets’ lifecycle and facilitating energy transition.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com 

Media inquiries:
E-mail: pr@enaas.com 

View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-to-participate-in-huachuang-securities-2025-annual-strategy-conference-302344063.html

SOURCE NaaS Technology Inc.

TAIPEI, Jan. 7, 2025 /PRNewswire/ — The Taiwan Stock Exchange (TWSE) has unveiled its upgraded Innovation Board (Taiwan Innovation Board, TIB) on January 6, 2025, removing restrictions on qualified investors and opening the market to retail investors. This significant reform aims to boost market liquidity, increase accessibility, and position Taiwan as a regional leader in innovation and investment, establishing the TIB as Asia’s premier platform for startups and emerging industries.

Initially launched in July 2021, the Innovation Board was limited to qualified investors, such as institutional investors and entities with substantial trading experience and financial assets. The new framework removes these barriers, expanding access to Taiwan’s 13 million account holders, up from the original 300,000 qualified investors.

“The removal of the qualified investor restriction will not only boost liquidity but also enhance company valuations,” said Sherman Lin, Chairman and CEO of the TWSE.

Taiwan’s capital market reached a historic milestone in 2024, soaring by over 28%, making it the best-performing stock market in Asia and the second-best globally, trailing only the NASDAQ in the United States. Lin emphasized that the TWSE will focus on “technology” and “innovation” as the dual pillars driving its future growth, with the goal of transforming Taiwan into a smart technology island.

The introduction of the Innovation Board 2.0 is a pivotal move, positioning Taiwan as a premier destination for innovative enterprises across Asia. “This initiative is expected to attract cutting-edge companies and foster an environment conducive to technological advancements and economic growth,” said Lin.

Looking ahead, the TWSE plans to strengthen collaboration within domestic innovation ecosystems while targeting international markets such as Japan, Singapore, Malaysia, and Vietnam to attract startups and growth-stage companies to list in Taiwan.

“The Innovation Board 2.0 not only helps retain Taiwanese startups considering overseas listings but also aims to attract Asia’s new economy companies, solidifying Taiwan’s position as a regional leader in innovation and investment,” Lin added. 

Since its inception, the TIB has supported over 20 innovative companies with core technologies or unique business models in accessing capital markets for fundraising, underscoring its critical role in fostering innovation and growth.

Empowering Emerging Industries Across Asia

The inauguration event of the “TIB Innovation Spotlight” on January 6 attracted over 250 representatives from 200 companies, intermediaries, and venture capital firms. Lin emphasized the board’s significance: “The Innovation Board will drive the growth of emerging industries and provide exceptional opportunities for Asian startups to succeed in Taiwan.”

Dr. Yen-Liang Chen, Vice Chairman of Taiwan’s Financial Supervisory Commission (FSC), echoed this sentiment: “This move will allow investors to better understand emerging and innovative companies, thereby contributing to Taiwan’s goal of becoming Asian Asset Management Center.”

The transformation of the TIB has garnered strong support from Taiwan’s venture capital community. Andy TC Chiu, Chairman of the Taiwan Venture Capital Association, noted: “These changes provide startups with better funding opportunities while stimulating growth and innovation across sectors. Taiwan is positioning itself as Asia’s leading hub for technological advancement.”

Julian Liu, Chairman of the Securities Investment Trust & Consulting Association (SITCA) in Taiwan, underscored the vital role of investment trust institutions in offering essential support. He expressed optimism that the expansion of mutual funds and ETFs would generate a virtuous cycle, promoting diverse collaborations within the capital market and driving success.

Event Highlights

The event commenced with a keynote address by Chin-Ho Hsieh, President of Wealth Magazine and Business Today Magazine. Hsieh praised the new Innovation Board, highlighting its four key features: high liquidity, friendly entry thresholds for emerging industries, a focus on innovation capability and growth potential, and full disclosure of operational information, hoping it will continue to excel and drive meaningful progress.

A notable highlight was the panel discussion titled “Showcasing Innovation Board Companies,” moderated by Cheng-Hua Lu, Secretary-General of the Chinese National Federation of Industries (CNFI). The panel featured Jackie Cheng, Co-Founder and Chairman of Gogolook Co., Ltd., and Dr. Yun-Li Li, CEO of PlayNitride Inc. The discussion delved into their entrepreneurial journeys, strategies for accessing capital markets, international expansion plans, and the impact of the Innovation Board’s new framework.

Advancing Taiwan’s Capital Market

A skit at the event showcased the significant upgrades to the Innovation Board and detailed TWSE’s initiatives to develop a robust, investor-friendly capital market in collaboration with the Taiwan Index Plus Corporation and the Taiwan Carbon Solution Exchange. To enhance liquidity and engage investors, TWSE introduced initiatives, including market-making rewards for proprietary traders, broker-led education campaigns, and a lottery program for retail investors.

As the TWSE expands its international outreach in 2025, the Innovation Board is set to become Asia’s premier platform for startups and emerging industries, fostering growth, investment, and innovation across the region.

About TWSE

The Taiwan Stock Exchange (TWSE) commenced operations on February 9, 1962. The TWSE is tasked with operating and advancing Taiwan’s securities market. Its primary business operations encompass listing, trading, settlement, and surveillance. These activities include listing promotion and review, post-listing supervision, corporate governance, maintaining market order, providing services to securities firms, investor protection, clearing and settlement operations, safeguarding against market defaults, and monitoring illegal transactions. The Exchange offers comprehensive services to the stock market.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/twse-transforms-innovation-board-into-asias-premier-startup-platform-302344086.html

SOURCE Taiwan Stock Exchange

Srini Rajamani to Lead the Next Phase of Innovation and Growth for Opus Technologies.

ALPHARETTA, Ga., Jan. 7, 2025 /PRNewswire/ — Opus Technologies, a leading payments technology solutions provider, today announced the appointment of Srini Rajamani as its new Chief Executive Officer, effective immediately. Srini will succeed Praveen TM, who will continue to be part of the leadership team at Opus. Srini has previously held leadership roles at Wipro Limited, where he successfully drove innovation and implemented growth strategies across industry segments. He was a member of the Wipro Executive Council.

Ramesh Mengawade, Chairman of Opus, said: “I am confident that Srini will lead Opus into the next phase of growth and innovation through his strategic acumen and extensive industry experience. Under Srini’s leadership, Opus will continue to leverage AI/ML to deliver transformative solutions to our payments industry clients. “I also want to express my deep gratitude to Praveen TM for laying a strong foundation for Srini to build on”, added Ramesh.

“Opus Technologies is uniquely positioned to solve the most critical business challenges facing banks and payments companies today. With our product-driven mindset and innovative solutions, we aim to set new benchmarks in the industry,” said Srini Rajamani. “Our AI-powered platform, FinGeniusAI, addresses the complex challenges of the payment industry, while Paysemble™, our payment accelerator and integration solution, empowers clients to overcome integration hurdles and achieve faster time-to-market. My focus will be on expanding this portfolio and introducing new solution offerings that resonate with the evolving needs of our clients”, added Srini.

Opus Technologies is part of the Opus Group. For nearly three decades, Opus Group has been delivering innovative payment technology solutions globally, with three of its companies being acquired by Fortune 500 organizations, including Mastercard Inc., and Western Union.

About Opus Technologies:

Opus Technologies, part of Opus Group, is a leading provider of outcome-driven payment strategies and combines its deep technology proficiency with unmatched payments domain expertise to deliver exceptional value to its clients.

Visit https://opustechglobal.com/ to learn more. Follow Opus on LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/srini-rajamani-appointed-as-ceo-of-opus-technologies-inc-302343934.html

SOURCE Opus Technologies Inc.