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Canaan to Join the FTSE Russell Indexes

Canaan Inc., a leading high-performance computing solutions provider, announced that it will be added to the FTSE Global Equity Index Series (GEIS) China Regional Index, effective after the close of business.

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Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, “With our strong earnings performance and growth momentum, we are also pleased to gain greater recognition in the capital market. The inclusion in the Index benefits our Company and shareholders by further elevating our visibility within the global investment community and potentially diversifying the Company’s overall investor base.”

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FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide, calculating thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell indexes are used extensively by institutional and retail investors globally.

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