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Nano Labs CEO Mr. Kong Jianping Increases Shareholdings by 480,000 Shares, Reaffirming Confidence in Long-Term Growth
HONG KONG, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product

About this update from Nano Labs Ltd
[{"type":"text","content":"HONG KONG, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, announced that its Chairman and Chief Executive Officer, Mr. Jianping Kong, has acquired 480,000 class A ordinary shares through open market transactions using personal funds in August. This follows two previous share purchases by Mr. Kong in May and September 2024. These transactions were conducted in strict adherence to the Company’s internal trading policies and is in full compliance with all applicable laws and regulations. Mr. Jianping Kong, Chairman and Chief Executive Officer of the Company, commented, “The Web 3.0 and cryptocurrency industry are ever-evolving sectors. As the crypto industry continues to advance rapidly and profoundly, Nano Labs has entered into a new fast lane for long-term development. We remain vigilant in monitoring and continuously adjusting our strategies to align with the trend of crypto-asset strategic reserves, while prudently transforming for the future. I am highly confident in the Company’s long-term growth prospects and have strong faith in its continued development, supported by the dedicated efforts of our management team and employees across the Company. Our past achievements underscore this confidence, and I believe they will continue to be validated in the new market cycle of Web 3.0 and cryptocurrency. When appropriate in the future, I may consider further increasing my shareholdings in the Company.” About Nano Labs Ltd Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high-performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, Nano Labs has actively positioned itself in the crypto assets space, adopting BNB as its primary reserve asset. It has reserved in mainstream cryptocurrencies including BNB and BTC, and established an integrated platform covering multiple business verticals, including HTC solutions and HPC solutions*. For more information, please visit the Company’s website at: ir.nano.cn. *According to an industry report prepared by Frost & Sulliva...