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NaaS Technology Inc. (NAAS)

Nasdaq · Retail Trade · Retail-Retail Stores, NEC

Research deepening · 3/4 core data layers currently established

What NaaS Technology Inc. does

A.History and Development of the Company Corporate History of RISE In July 2013, Bain Capital Rise Education II Cayman Limited was incorporated as an exempted company under the laws of the Cayman Islands, and it was renamed as RISE Education Cayman Ltd in June 2017. In July 2013, Rise IP (Cayman) Limited, or Rise IP, was incorporated as an exempted company under the laws of the Cayman Islands. Subsequently, a number of RISE’s wholly owned subsidiaries were established to acquire Rise IP and certain operating assets and entered into a series of contractual arrangements with Beijing Step Ahead Education Technology Development Co., Ltd., or the Rise VIE, its schools and its shareholders. As a result, the RISE VIE and its subsidiaries and schools became RISE’s consolidated entities.

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