According to Canaan Technology's announcement, Shanghai Kaixian Technology Co., Ltd., a holding subsidiary of the company, recently received a letter of consent from the National Equity Transfer Corporation, agreeing to publicly transfer its shares and list them on the New Third Board. The transaction method is collective bidding. The letter is valid for 12 months, and the listing must be completed within the validity period. The number of shareholders of Kaixian Technology did not exceed 200 when it was listed. It was exempted from registration by the China Securities Regulatory Commission. After listing, it was included in the supervision of unlisted public companies. Kaixian Technology specializes in integrated fluid system solutions. After listing, it is still a holding subsidiary within the scope of the company's consolidated statements. It does not affect the company's control and independent listing status, and does not have a significant impact on the company's finances and operations.

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