Company Canaan Inc.

CAN

US1347481020

Computer Hardware

Market Closed - Nasdaq Other stock markets 04:00:00 2024-06-07 pm EDT			5-day change	1st Jan Change
1.03 ^USD	-0.96%		+1.98%	-55.41%

Jun. 06	Canaan Secures Large Purchase Order From Cipher Mining Technologies	MT
Jun. 06	Canaan Inc. Secures Large Avalon Miner A1566 Purchase Order from Cipher Mining Technologies Inc	CI

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	12-12-31
James Cheng DFI	Director of Finance/CFO	45	21-08-01
Xi Zhang IRC	Investor Relations Contact	-	-
Lu Meng SEC	Corporate Secretary	41	18-08-31
Tong He PRN	Corporate Officer/Principal	-	20-06-30

Members of the board

Members of the board	Title	Age	Since
N. G. Zhang CEO	Chief Executive Officer	41	12-12-31
Ya Ping Zhang BRD	Director/Board Member	49	20-07-31
Wen Jun Zhang BRD	Director/Board Member	58	20-07-31
Hongchao Du BRD	Director/Board Member	56	20-07-31
Zhi Tang Shu BRD	Director/Board Member	57	20-07-31

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
Van Eck Associates Corp. 2.783 %	6,280,689	2.783 %	6 M $
SG Americas Securities LLC 2.386 %	5,385,073	2.386 %	5 M $
Vanguard Fiduciary Trust Co. 2.341 %	5,281,721	2.341 %	5 M $
Millennium Management LLC 1.564 %	3,528,650	1.564 %	3 M $
BlackRock Institutional Trust Co. NA 1.496 %	3,376,698	1.496 %	3 M $
Group One Trading LP 1.191 %	2,688,638	1.191 %	3 M $
Tidal Investments LLC 1.180 %	2,662,619	1.180 %	2 M $
Exchange Traded Concepts LLC 1.098 %	2,477,940	1.098 %	2 M $
Geode Capital Management LLC 0.7722 %	1,742,621	0.7722 %	2 M $
Marshall Wace LLP 0.7212 %	1,627,417	0.7212 %	2 M $

Name	Equities	%	Valuation
Streeterville Capital LLC 11.63 %	263,286,183	11.63 %	16 M $
Spring River Greater China Fund 5.302 %	119,992,395	5.302 %	7 M $
Nangeng Zhang 2.982 %	67,477,845	2.982 %	4 M $