Canaan Technology: Shareholders Canaan Group and Huang Binbin plan to reduce their shareholdings by 3% and 0.3381% respectively.

date
19/07/2025
Canaan Technology Announcement, controlling shareholder Canaan Technology Group Co., Ltd. plans to reduce its holdings by no more than 14.9327 million shares, accounting for 3% of the company's total share capital, through centralized bidding or block trading from August 11, 2025 to November 10, 2025. Director Huang Binbin plans to reduce his holdings by no more than 1.683 million shares, accounting for 0.3381% of the company's total share capital. The reason for the reduction is fund demand, and the reduction price will be determined based on market price.