Canaan Inc. Executives Increase Shareholdings with 817,268 ADS Purchase

Canaan Inc., a Nasdaq-listed company, announced that its CEO Nangeng Zhang and CFO James Jin Cheng have increased their holdings in the company by purchasing 817,268 American Depositary Shares (ADS) on the open market. The shares were acquired at an average price of $0.76 each, reflecting a strategic move by the executives to bolster their investment in the company.

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