Canaan Technology (300412.SZ)'s controlling shareholder Canaan Group plans to reduce its holdings by no more than 3%.

Intelligent Financial APP News, Canaan Technology (300412.SZ) announced that the company's controlling shareholder Canaan Technology Group Co., Ltd. (referred to as "Canaan Group") plans to reduce its total holdings of the company's shares by no more than 14.93299 million shares (3% of the total share capital of the company) through centralized bidding or block trading from August 11, 2025 to November 10, 2025. Mr. Huang Binbin, a director of the company, holds 6.732 million shares of the company (1.35% of the total share capital of the company) and plans to reduce his holdings by no more than 1.683 million shares (0.3381% of the total share capital of the company) through centralized bidding or block trading within 3 months after the 15 trading days following the disclosure of this announcement (i.e. from August 11, 2025 to November 10, 2025).