Canaan CEO and CFO jointly increased holdings by 1.065 million American Depositary Shares
According to ChainCatcher, PR Newswire reported that Canaan announced its Chairman and CEO Nangeng Zhang, together with its CFO Jin Cheng, recently purchased a total of 1,065,000 American Depositary Shares on the open market at an average price of $0.35 per share.
The company stated that this increase in holdings complies with internal trading policies and applicable securities regulations, reflecting management's confidence in the company's long-term strategy and future development prospects.
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