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In addition, NaaS has also attracted the attention and continuous investment from at least five internationally renowned investment institutions, including ELEC, an ETF managed by Envestnet (NYSE:ENV); CCSO, an actively-managed climate change solutions ETF; and Invesco WilderHill Clean Energy ETF (NYSE:XLE) (PBW) under Invesco. The latest data shows that, as of the end of January, the number of institutional investors has increased to 28, more than doubling since the company's listing.
NaaS has continued to be recognized by multiple domestic and foreign index institutions and was included in the WilderHill Clean Energy Index and the Solactive Electric Vehicle Charging Infrastructure Index and other indexes by index companies such as China Securities Index Co., Ltd., Wind and BITA. Such recognition has further enhanced the company's position and reputation in the market.
In terms of overall profitability, NaaS' parent company, NewLink, announces that its refined oil business has become profitable. The positive financial condition, coupled with the continuous growth of the company's revenue and profitability, has laid a solid foundation for the steady rise of NaaS' stock price. With its continuous breakthroughs in the clean energy and solidification of market position, NaaS demonstrates enormous potential for long-term growth.
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SOURCE NaaS Technology Inc.