NaaS Technology, Inc. · NASDAQ:NAAS
NaaS Technology — Investor Presentation (April 2023)
31 slides from NaaS Technology's investor presentation, April 2023
Slide 1: The 1st Listed EV Charging Service Company in China
The 1st Listed EV Charging Service Company in China NaaS (NASDAQ: NAAS) China’s Largest Third-Party Charging Network Empowering Electric Mobility 4Q & 2022 Confidential Apr. 2023
Slide 2: Disclaimer
Disclaimer THIS PRESENTATION AND ITS CONTENTS ARE CONFIDENTIAL AND ARE NOT FOR RELEASE, REPRODUCTION, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, TO ANY OTHER PERSON OR IN OR INTO OR FROM ANY JURISDICTION WHERE SUCH RELEASE, REPRODUCTION, PUBLICATION OR DISTRIBUTION IS
Slide 3: Contents
Contents 01 Investment Highlight P3 02 Industry Overview P6 03 Company Overview P13
Slide 4: Investment Highlights
Investment Highlights China Leads The Global Electrification Market 2022 EV Sold：6.9M (1) By 2022 Total Number of EV Reached 13.1M (1) The China Market Will Continue To Unlock Huge Potential By 2030 Total Number of EV will Reach 145M (2) In 2030 Total Public Charging Volume will be 25x of 2022 (
Slide 5: Invest In NaaS - Invest In The Electrification Of China's Transportation Industry
Invest In NaaS - Invest In The Electrification Of China’s Transportation Industry Equipment Manufacturers Help equipment manufacturers save on marketing costs and increase charger sales Marketing and distribution channel End-users/Corporate/APP Enjoy hassle-free and Largest EV frictionless fast NaaS
Slide 6: Industry Overview
O01 Industry Overview
Slide 7: China's World-largest Auto Market With Energy Transition Well On The Way
China’s World-largest Auto Market With Energy Transition Well On The Way Total number of EV is expected 311M Car Parc (1) | 26.8M Auto Sold (2) Expect China ICE car parc to 2022 2025 By 2036 to surpass the number of ICE ～33% of global auto sales (1) peak at 327M (1) vehicles in 2036 (1) In Million V
Slide 8: China's EV Market Is Growing Fast, With Passenger EV Sales Penetration To Exceed 30%
China’s EV Market Is Growing Fast, With The Passenger EV Sales Penetration Rate To Exceed 30% 6.9 million EV sold in 2022. The penetration rate of new EV increased from 4.5% in 2019 to 25.6% in 2022. EV car parc in 2022 2022 was 13.1 million, compared with 7.84 million last year, an increase of 67%
Slide 9: EV Penetration Exceeds 30% In 44 Cities With Increasingly Scattered Charging Market
EV Penetration Exceed 30% In 44 Cities With Increasingly Scattered And Localized Charging Market Penetration Rates Of New EV Sales Across China Penetration Rates For New EV Sales In 44 Cities In China Exceeded 30% 50% 42% 40% 32% 28% 26% 30% 20% 20% 15% Heilongjiang 10% Jili 0% Xinjiang Inner Mongol
Slide 10: EV Charging Market: Decentralization, Digitalization, Integration
EV Charging Market：Decentralization, Digitalization, Integration Conventional New EV Charging Market：Smart Grid Power Plant Generation Integrate Renewable Power • Decentralization & Localization Central • Digitalization & Big Data Analysis • Integration of Charging Stations • Stabilize Output Transm
Slide 11: China Will Need 26.3 Million Public Chargers In 2030
China Will Need 26.3 Million Public Chargers In 2030, With Total CAPEX Investment Scale Of US$ 220-300 Billion Number Of Public Chargers Installed In China (1) (in millions) x Per Charger Cost = Total CAPEX RMB 60-80K RMB 1.5-2 (US$9-12K) Trillion 26.3 per charger (US$220-300B) 19.7 Power Grid Inves
Slide 12: Key Challenges And Requirements Faced By Charging Station Owners
Key Challenges And Requirements Faced By Charging Station Owners In China’s Public EV Charging Market NaaS We Are Doing Small & Medium Real Estate Developers & SOEs and Local Enterprises Small-sized Site Owners Government Pain Points Pain Points Pain Points Zero experience in charging industry Zero
Slide 13: Company Overview
02 Company Overview
Slide 14: Robust Growth Driven By Strong Operational Metrics
Robust Growth Driven By Strong Operational Metrics (In Thousands) (GWh) YoY %: + 112% YoY %: + 110% Charging 1,023 Number of 44,435 Volume 834 856 Orders 37,355 38,115 Transacted Transacted Through 579 Through 25,565 482 Network 418 449 Platform 18,615 20,149 21,166 247 10,937 161 7,394 2021Q1 2021Q
Slide 15: China's Largest Charging Network With 44 Million Orders
China’s Largest Charging Network With 44 Million Orders Connecting 575K Chargers At 55K Stations 1,023GWh RMB 990.5mn 44.4mn Charging Volume (1) Gross Transaction Value (1) Number of Orders Transacted Through Platform (1) 20.6% Market Share (2) z 55K 575K 350+ Charging Stations (3) Chargers Connecte
Slide 16: One-stop Energy Solutions Provider For Station Owners
One-stop Energy Solutions Provider Offering A Convenient, Flexible, Turnkey EV Charging Solution For Station Owners Initial Building Stage Big Data-Backed Site Selection Charging Hardware and Financing Software Procurement EPC Construction (1) Charging Volume Map Channel Client: charging stations Op
Slide 17: Case Study: One-Click Charging Station Construction Service
Case Study: One-Click Charging Station Construction Service Site Selection Charging Software & Hardware Procurement EPC and Other Development Operating & Maintenance Services Charging Station Engineering Procurement Construction (EPC) Project In Wuhan City, Hubei Province 60 DCFC (1) Charger
Slide 18: Case Study: One-Click Charging Station Operation
Case Study: One-Click Charging Station Operation User Acquisition Platform Operating Service Non-Charging Services Self-Operated Charging Station Operation Project In Xi’an City, Shaanxi Province Planning To Newly Install 36 DCFC (1) Chargers 160–180KWh/Day/Charger 12 Charging Piles (24 Charge
Slide 19: Case Study: One-Click Maintenance Service
Case Study: One-Click Maintenance Service Regular Electric Facility Inspection Cleaning Service Facility Maintenance Maintenance Service For 15.5k Parking Slots Covering 186 Cities 186 Cities Covered 2,100+ Stations 15,500+ Parking Slots 18
Slide 20: We Generate Recurring Revenue From 'Sticky' Customers Across Multiple Revenue Streams
We Generate Recurring Revenue From ‘Sticky’ Customers Across Multiple Revenue Streams Illustrative Unit Economics Model Upgrade/Additional Initial Building Stage Operating Stage Services Stage Of A Charging Station’s Life Cycle Upgrading Stage / Additional Services Energy Storage / PV Charging Hardw
Slide 21: Our Comprehensive Product And Service Offerings Create A Virtuous Cycle Of Growth
Our Comprehensive Product And Service Offerings Create A Virtuous Cycle Of Growth UEIOT ES Ubiquitous Electric Energy Storage Internet of Things EPC (3) VPP Virtual Power Plant EIOT (1) User Acquisition Platform REITs Charging EAIOP (2) Financial Support Stations Operation & Maintenance Platform Mor
Slide 22: Launching A Virtual Power Plant In Mid-2023
Launching A Virtual Power Plant In Mid-2023 To Facilitate The Construction Of A “Modern Energy System" Power Power Power Generation Transmission Consumption Cloud-based Virtual Power Plant (“VPP”) Electric Power Market Electricity Procurement and Trading PV Upgrade Service Wind Power Localized Energ
Slide 23: Automatic Charging Robot For Autonomous Driving
Automatic Charging Robot For Autonomous Driving Features and Technologies ⚫ Active vehicle locating, precise self- parking, automatic docking, charging and undocking via mechanical arms, automatic return and recharging ⚫ Deep learning, 5G, V2X, SLAM (1), waterproof and shock-proof Key Achievements ⚫
Slide 24: Rapid Overseas Business Expansion Underway
Rapid Overseas Business Expansion Underway China ⚫ Most developed EV charging market in the world Allen Dong General Manager of European & Middle-East Region ⚫ Mature EV charging ecosystem ▪ 20+ years of global auto market and new energy automotive ⚫ Advanced EV charging solutions industry experienc
Slide 25: Visionary Management Team With Proven Execution Capability
Visionary Management Team With Proven Execution Capability DAI Zhen Founder & Chairman WANG Yang Alex Wu Co-Founder & CEO President & CFO Online Platform Offline Network China Market Oversea Market SUN Lei ZENG Qingzhu YU Xiang Allen Dong COO Vice President of Vice President of GM of Europe & Strate
Slide 26: NaaS Is Backed By China's Largest Digital Mobility Energy Service Provider
NaaS Is Backed By China's Largest Digital Mobility Energy Service Provider 1 China’s largest online Strong Synergies with NewLink automotive fueling service network (1) • About 30% of gas station owners are interested in expanding 1 China’s largest third- into charging station party gas station netw
Slide 27: Continuous Expansion In Our Partnership Network
Continuous Expansion In Our Partnership Network Upstream Downstream Storage Manufacturer Battery Testing Provider Homestay Charging Service ▪ Established joint venture with Hyper ▪ Invested in Legend Energy to utilize ▪ Established the joint venture ‘Smart Strong to develop energy storage its energy
Slide 28: ESG Highlights: Facilitate The Transition Into Green Energy
ESG Highlights: Facilitate The Transition Into Green Energy By 2030, we target to Our Goal: reduce road traffic emissions by 1.26% NaaS’s Achievement on Emission Reduction Carbon emission 1,847,700 tons reduction in 2022 106% YoY Renewable power 393 GWh procured by NaaS in 2022 (1) 89.52% Of total e
Slide 29: Compelling Financial Results With Substantial Growth Potential
Compelling Financial Results With Substantial Growth Potential 2023 net revenue is expected to reach RMB500 ~ 600 million (US$72 ~ 87 million), 5.4 ~ 6.4 times from 2022. Gross Transaction Value Net Revenue (RMB Million) (RMB Million) YoY + 94% YoY + 95% 92.8 824 840 2701 + 119% 29.5 + 177% 26.9 557
Slide 30: Investment Highlights Recap
▪ China Leads The Global ▪ The China Market Will Continue ▪ NaaS Has The Largest Third- Electrification Market To Unlock Huge Potential Party Charging Network With Huge First Mover Advantage 29
Slide 31: Power The World With Green Energy
Power The World With Green Energy 30