Company Canaan Inc.

CAN

US1347481020

Computer Hardware

Market Closed - Nasdaq Other stock markets 01:30:00 27/04/2024 am IST			5-day change	1st Jan Change
0.9138 ^USD	-1.74%		+21.48%	-60.44%

25/04	Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Lower in Thursday Trading	MT
23/04	Technology Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Tuesday Trading	MT

Business Summary

Canaan Inc provides supercomputing solutions through proprietary high-performance computing ASICs (Application Specific Integrated Circuit). The Company provides a holistic AI (Artificial Intelligence) solution to customers, including AI chips, algorithm development and optimization, hardware module, end-product and software services.

Number of employees: 445

Sales per Business

USD in Million	2022	Weight	2023	Weight	Delta
Bitcoin Mining Machines 83.2 %	616	94.8 %	176	83.2 %	-71.46%
Mining 16.1 %	32	5.0 %	34	16.1 %	+4.73%
Artificial Intelligence 0.5 %	1	0.2 %	1	0.5 %	-27.59%
Other 0.3 %	0	0.0 %	1	0.3 %	+477.18%

Sales per region

USD in Million	2022	Weight	2023	Weight	Delta
China 54.6 %	18	2.8 %	116	54.6 %	+533.64%
United States 13.3 %	94	14.4 %	28	13.3 %	-70.02%
Kazakhstan 11.6 %	57	8.8 %	25	11.6 %	-57.22%
Other Countries or Regions 11.2 %	2	0.2 %	24	11.2 %	+1,413.81%
Malaysia 7.2 %	119	18.3 %	15	7.2 %	-87.13%
Thailand 1.8 %	3	0.4 %	4	1.8 %	+33.67%
Indonesia 0.1 %	215	33.0 %	0	0.1 %	-99.86%
Canada 0.1 %	18	2.8 %	0	0.1 %	-98.58%
Australia 0.0 %	60	9.3 %	0	0.0 %	-99.99%
Cyprus 0.0 %	36	5.6 %	0	0.0 %	-99.98%

Managers

Managers	Title	Age	Since
N. G. Zhang CEO	Chief Executive Officer	41	01/13/01
James Cheng DFI	Director of Finance/CFO	45	02/21/02
Xi Zhang IRC	Investor Relations Contact	-	-
Lu Meng SEC	Corporate Secretary	41	01/18/01
Tong He PRN	Corporate Officer/Principal	-	01/20/01

Members of the board

Members of the board	Title	Age	Since
N. G. Zhang CEO	Chief Executive Officer	41	01/13/01
Ya Ping Zhang BRD	Director/Board Member	49	01/20/01
Wen Jun Zhang BRD	Director/Board Member	58	01/20/01
Hongchao Du BRD	Director/Board Member	56	01/20/01
Zhi Tang Shu BRD	Director/Board Member	57	01/20/01

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	3,460,454,223	2,254,069,668 ( 65.14 %)	257,105,340 ( 7.430 %)	67.22 %
Stock B	15	356,624,444	311,624,444 ( 87.38 %)	0

Shareholders

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 2.551 %	5,755,912	2.551 %	9 M $
Tidal Investments LLC 2.078 %	4,689,297	2.078 %	7 M $
Van Eck Associates Corp. 2.016 %	4,550,161	2.016 %	7 M $
SG Americas Securities LLC 1.786 %	4,030,740	1.786 %	6 M $
BlackRock Institutional Trust Co. NA 1.430 %	3,225,986	1.430 %	5 M $
Exchange Traded Concepts LLC 1.098 %	2,477,940	1.098 %	4 M $
Group One Trading LP 0.9569 %	2,159,411	0.9569 %	3 M $
Global X Management Co. LLC 0.7900 %	1,782,634	0.7900 %	3 M $
Polunin Capital Partners Ltd. 0.6258 %	1,412,141	0.6258 %	2 M $
NOMURA HOLDINGS, INC. 0.5636 %	1,271,925	0.5636 %	2 M $