SINGAPORE, April 17, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 17, 2024. The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at https://investor.canaan-creative ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

VeriSilicon与Canaan合作 - VeriSilicon宣布将其Image Signal Processor (ISP) IP ISP8000、DeWarp Processor IP DW200和2.5D Graphics Processor Unit (GPU) IP GCNanoV整合到Canaan的K230芯片中 - 这一合作标志着在高精度、低延迟边缘AIoT解决方案方面取得了重大进展，适用于各种智能产品，如大型模型和多模输入边缘终端、3D结构光感知模块、交互式机器人、开源硬件，以及智能制造、智能家居解决方案和人工智能教育领域 - Canaan的研发副总裁王宏刚表示，借助VeriSilicon先进的像素处理IP组合，他们基于RISC-V的K230在性能和图像质量上领先于同类边缘AIoT SoC，使更多边缘设备厂商能够开发具有更广泛市场应用的创新产品 VeriSilicon的技术优势 - VeriSilicon的ISP8000 IP能够实时处理三个或更多高清视频流 - ISP8000的20位深度管道架构支持高级图像处理算法，如三重曝光高动态范围（HDR）和3D降噪（3DNR） - DW200 IP不仅能精确校正广角或鱼眼镜头的失真，还支持通过低带宽直接链接模式进行多通道降分辨率输出，适用于具有不同空间输出需求的AI应用 - K230支持多传感器，利用ISP8000的先进多上下文管理（MCM）功能，进一步提升市场竞争力

业绩总结 - 公司2023年第四季度总收入为4910万美元，较上一季度增长47%[43][1] - 公司2023年第四季度的总毛亏损为5.41亿美元，较2023年第三季度的6.91亿美元和2022年同期的6.41亿美元有所减少[69][2] - 公司2023年第四季度的非GAAP运营亏损为7.83亿美元，较2023年第三季度的9.74亿美元和2022年同期的11亿美元有所减少[70][3] 矿机销售 - 公司2023年第四季度矿机销售收入为4400万美元，较第三季度电话会议预期的3400万美元高出[13][4] - 公司2023年第四季度矿机销售计算能力达到547万TH/s，同比增长192%，环比增长49%[17][5] - 公司销售的总计算能力为550万太哈希每秒，同比增长192%[44][6] 财务状况 - 公司现金及现金等价物为9600万美元，较9月底增加5500万美元[59][7] - 公司持有的比特币数量为909枚，市值接近5000万美元[20][8] - 公司在ATM中平均售价为1.99美元[114][9]

Q4 2023 Results February 27, 2024 Chairman & CEO CFO NG Zhang James Cheng Safe Harbor Statement ...

公司业绩 - 公司2023年全年财务业绩表现不佳，收入大幅下降，主要是由于市场需求疲软导致销售价格下降[33][34] - 公司2023年全年矿机产品销售收入和人工智能产品收入均有所下降[34] - 公司2023年全年矿业收入有所增加，主要是由于挖矿的计算能力增加和比特币价格回升[35] - 公司2023年全年成本费用增加，主要是由于产品成本和矿业成本的增加[36][37][38] - 公司2023年全年毛利亏损，与2022年相比出现了巨大的亏损[39] 财务状况 - 公司持有的加密货币资产主要包括约1078.5个比特币，价值约2830万美元[55] - 公司截至2023年12月31日的现金及现金等价物为9620万美元[56] - 公司2023年第一季度和第二季度预计总收入分别约为3300万美元和7000万美元[73] 非GAAP财务指标 - 公司使用非GAAP财务指标来评估业务表现[79][80] - 非GAAP财务指标包括调整后的营业收入和调整后的净收入[79] - 非GAAP财务指标的限制包括不反映影响公司运营的所有收入和费用项目[80] - 公司提供了与SEC的定期报告中的非GAAP财务指标的调和[80] 资产负债表 - 公司的资产包括现金、应收账款、库存等[82] - 公司的负债包括应付账款、合同负债、所得税应付等[83] - 公司的股东权益包括普通股、资本公积、留存收益等[83] 亏损情况 - 公司在2023年第四季度和全年出现亏损[84][85] - 公司的净亏损主要受到营业成本和财务支出的影响[84][85] - 公司的非GAAP调整后净亏损在2023年全年为负数[86]

Exhibit 99.1 Canaan Inc. Reports Unaudited First Quarter 2024 Financial Results Singapore, May 17, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended March 31, 2024. First Quarter 2024 Operating and Financial Highlights Revenues were US$35.1 million, which beat the previous guidance of US$33 million by 6%. Mining revenue was US$10.5 million, representin ...

While investors should probably direct the majority of their market-earmarked funds toward slow-and-steady ideas – à la Warren Buffett – sometimes, we end up with gambling money. And in that case, speculative stocks to double your money might make sense. To be 100% clear, anytime investors venture into high-risk, high-reward stocks, there’s a reason for the warning. Mainly, when market participants buy established blue chips, they’re paying a premium for the predictability. It’s like paying for a business c ...

If Federal Reserve Chair Jerome Powell really does reduce interest rates, then forward-looking investors ought to consider blockchain stocks. True, you can always go for the individual cryptocurrencies. However, this arena carries both market and what I would term “administrative” risks. From data breaches to agonizingly forgetting passwords, a lot of stuff can go wrong. I’m not saying that with blockchain stock picks that nothing can go wrong. Of course, this sector naturally carries high risks. For one th ...

o o Cipher's JV entities have purchased 16,700 A1466 model Avalon Miners; the 11,000 previously bought A1346 model Avalon Miners have been delivered and installed at Cipher's Odessa Facility Stronghold has purchased 1,100 A1346 model Avalon Miners; the 2,000 previously bought A1346 model Avalon Miners have been delivered and installed at Stronghold's Patha Creek Plant SINGAPORE, Jan. 3, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan"), a leading high- performance computing solutions provider, today ...