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NaaS Technology and Jingcheng Leasing Jointly Developing a New Charging Infrastructure Ecosystem

NaaS Technology Inc. announced that the Company has signed a strategic cooperation agreement with Beijing Jingcheng International Financial Leasing Co., Ltd. (Jingcheng Leasing), whereby the two parties will collaborate on the development and implementation of technology and financing services for electric vehicle (EV) charging facilities.

July 12, 2022. By News Bureau

NaaS Technology Inc. announced that the Company has signed a strategic cooperation agreement with Beijing Jingcheng International Financial Leasing Co., Ltd. (Jingcheng Leasing), whereby the two parties will collaborate on the development and implementation of technology and financing services for electric vehicle (EV) charging facilities.

The strategic cooperation will draw from the strengths of both parties in terms of their respective resources and business advantages, and facilitate the development of new charging infrastructure through the combination of industry expertise and financial expertise.

"The strategic cooperation between NaaS and Jingcheng Leasing will efficiently connect charging station operators' strong demand for financing services, to the relevant financial services, and, by doing so, further strengthen the integration and utilization of industry resources," said Xiang Yu, Vice President of Operations, NaaS.

"The tie-up will allow NaaS Technology to serve as a 'connector' for the industry. The two parties will make their financial services solution for the EV supply chain available throughout China, solving a challenge facing various parties in the industry value chain, while serving to power the ecosystem with financial services. Both parties look forward to collaborating to build and strengthen China's EV sector", he added.

The partnership integrates the digital capabilities of NaaS along with Jingcheng Leasing's financial services to provide operators with one-stop financing solutions, enabling operators to be able to lease the charging pile equipment at the beginning of the construction cycle and opt to pay back the borrowed funds through installments.

"NaaS serves many charging pile manufacturers, charging station operators, OEMs and vehicle owners. The cooperation with NaaS enables us to bring financial leasing services to the booming EV charging market and allows us to vastly expand our customer base," said Jianfeng Jing, General Manager of Jingcheng Leasing.

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