NaaS Technology, ZSY Reach Strategic Cooperation To Boost Financial Innovation By CIOTechOutlook Team

NaaS Technology, ZSY Reach Strategic Cooperation To Boost Financial Innovation

CIOTechOutlook Team | Saturday, 30 September 2023, 06:12 IST

NaaS Technology Inc, the first US-listed EV charging service provider in China, established a strategic alliance with Shenzhen ZSY Financial Services Co. Ltd (ZSY). The parties will collaborate on financial innovation in the new energy industry, asset securitization in the new energy industry, and other areas, supporting the deep integration of new energy business and financial services and increasing the low-carbon energy sector.

Li Feng, ZSY Chairman, Wang Limin, Head of Beijing Region of ZSY; Dai Zhen, Founder and CEO of NewLink and Chairman of NaaS, Wang Yang, Founder and CEO of NaaS, and other executives have witnessed the signing ceremony, as per NaaS Technology.

The strategic alliance will result in an integrated service platform capable of asset management and technology services, so realizing mutual capital and industry empowerment and mutually accelerating the merger of "industry + Internet + finance + technology."

"New energy is one of ZSY's key industrial directions," Li Feng, ZSY Chairman commented, "Collaborating with NaaS will further upgrade ZSY's landscape in new energy industrial chain, and locate optimal path for the integration of financial capital and new energy industry. We hope to contribute to China's energy transformation in transportation with the support of diversified financial tools and solutions."

Wang Yang, Founder and CEO of NaaS, said, "ZSY enjoys a forward-looking strategy in the development of low-carbon energy. Together with ZSY, we are poised to provide financial solutions for a greener and low-carbon energy industry, and help improve the stability and efficiency of the global transport energy network."