Company Canaan Inc.

CAN

US1347481020

Computer Hardware

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-17 pm EDT			After market 07:58:00 pm
1.11 ^USD	+0.91%		1.045	-5.86%

Apr. 17	Canaan Files $300 Million Mixed Shelf	MT
Apr. 17	Canaan Inc. announced that it expects to receive $132 million in funding	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: 541

Sales per Business

USD in Million	2021	Weight	2022	Weight	Delta
Bitcoin Mining Machines 94.8 %	766	99.1 %	616	94.8 %	-19.53%
Mining 5.0 %	3	0.4 %	32	5.0 %	+864.83%
Artificial Intelligence 0.2 %	3	0.3 %	1	0.2 %	-47.60%
Other 0.0 %	0	0.0 %	0	0.0 %	+123.48%

Sales per region

USD in Million	2021	Weight	2022	Weight	Delta
Indonesia 33.0 %	-	-	215	33.0 %	-
Malaysia 18.3 %	-	-	119	18.3 %	-
United States 14.4 %	48	6.3 %	94	14.4 %	+93.33%
Australia 9.3 %	56	7.2 %	60	9.3 %	+7.55%
Kazakhstan 8.8 %	110	14.3 %	57	8.8 %	-47.94%
Cyprus 5.6 %	98	12.7 %	36	5.6 %	-63.18%
Hong Kong 3.4 %	14	1.8 %	22	3.4 %	+62.75%
Canada 2.8 %	62	8.1 %	18	2.8 %	-70.78%
China 2.8 %	276	35.7 %	18	2.8 %	-93.39%
Laos 0.7 %	-	-	5	0.7 %	-
Thailand 0.4 %	45	5.8 %	3	0.4 %	-93.82%
Other Countries or Regions 0.2 %	40	5.1 %	2	0.2 %	-96.06%
Sweden 0.1 %	24	3.1 %	1	0.1 %	-96.04%

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
Wenjun Zhang BRD	Director/Board Member	58	20-07-31
Hongchao Du BRD	Director/Board Member	56	20-07-31
Zhitang Shu BRD	Director/Board Member	57	20-07-31

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	2,562,206,403	2,254,069,668 ( 87.97 %)	308,136,735 ( 12.03 %)	87.90 %
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 $