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Canaan Inc - ADR
28 Ayer Rajah Crescent,
#06-08
Phone: +65 63056618p:+65 63056618 BEJ  139959  Singapore Ticker: CANCAN
Business Summary
Canaan Inc. provides high performance computing solutions through its proprietary application-specific integrated circuits (ASICs). The Company is a fabless IC designer engaged in the front-end and back-end of IC design. The Company primarily offers its technology and expertise in ASIC applications to Bitcoin mining machines and is also a producer of Bitcoin mining machines in the global market. The Company, through its subsidiaries, independently designs and develops its products in-house, including the design of proprietary ASIC chips for its Bitcoin mining machines. It has in-house production capabilities to assemble both Bitcoin mining machines and artificial intelligence (AI) chips. It assembles its Bitcoin mining machines primarily at its assembly plant located in the People’s Republic of China (PRC) by integrating the ICs designed by the Company and related components it procures. It also intends to engage in Bitcoin mining through self-owned facilities.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202412/31/2023YesYes---

Industries
SIC Code Description
3674 Semiconductors and related devices
7374 Computer processing and data preparation and processing services
7373 Computer integrated systems design
7372 Prepackaged software

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Chief Executive Officer NangengZhang
Chief Financial Officer James J.Cheng 43 8/1/2021 8/1/2021
Secretary to the Board LuMeng 39 3/1/2022 3/1/2022
4 additional Officers and Directors records available in full report.

Business Names
Business Name
CAN
Canaan Bright Sight Co., Ltd.
Canaan Creative (HK) Holdings Limited
12 additional Business Names available in full report.

General Information
Number of Employees: 445 (As of 12/31/2023)
Outstanding Shares: 4,324,281,437 (As of 9/30/2024)
Stock Exchange: NASD


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Monday, April 14, 2025