On June 13, 2022, Naas Technology Inc. (Naas) was listed on NASDAQ by merger with RISE Education Cayman Ltd. (RISE Education). The company is the first Chinese charging service provider to be listed on NASDAQ. The transaction marks the first time that a company was listed by reverse takeover (or share swap) of a China concept stock in the U.S.

As the Chinese legal adviser to the issuer, Jingtian & Gongcheng's lawyer team provided full-process and all-round legal services for the transaction, including designing and implementing the restructuring scheme, conducting Chinese due diligence, reviewing the disclosed documents and assisting in answering inquiries from the regulators.