Canaan Inc. Reports Unaudited Second Quarter 2021 Financial Results and Announces Change of Board Composition
BEIJING, Sept. 15, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the second quarter ended June 30, 2021 and the Change of Board Composition.
- BEIJING, Sept. 15, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the second quarter ended June 30, 2021 and the Change of Board Composition.
- Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, "We delivered a remarkable performance in the second quarter of 2021.
- Mr. James Cheng, Chief Financial Officer of Canaan, stated, "We reported solid financial results for the quarter.
- Research and development expenses in the second quarter of 2021 also included share-based compensation expenses of RMB23.7 million (US$3.7 million).