Canaan Yunzhi announced that its chairperson and chief financial officer plan to use personal funds to purchase shares
2024-04-23 02:51:00
Canaan Technology today announced that Nangeng Zhang, Chairperson and Chief Executive Officer, and James Jin Cheng, Chief Financial Officer, have informed the company that they intend to use their personal funds to jointly purchase not less than US $2 million of Class A common shares represented by American Depositary Receipts ("ADSs"), each of which represents 15 Class A common shares of the company, subject to the company's internal trading policy and in accordance with legal guidelines.
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