Canaan Inc. Provides Update on its Status under the Holding Foreign Companies Accountable Act
BEIJING, May 5, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
- BEIJING, May 5, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
- The Company has been actively exploring possible solutions to protect the interest of its stakeholders.
- In 2018, Canaan released the world's first 7nm ASIC chip, providing energy efficient computing equipment to the cryptocurrency mining industry.
- Statements that are not historical facts, including statements about Canaan Inc.'s beliefs and expectations, are forward-looking statements.