Mr. Kong, Nano Labs' Chairman and CEO, Increased His Shareholding in the Company

Core Viewpoint - Nano Labs Ltd, a leading fabless integrated circuit design company in China, announced that its CEO, Mr. Jianping Kong, purchased 1,107,935 Class A ordinary shares in September 2024, indicating his confidence in the company's long-term prospects [1]. Group 1: Company Overview - Nano Labs Ltd specializes in the design of high throughput computing (HTC) chips, high performance computing (HPC) chips, and various computing and storage solutions [2]. - The company has developed a comprehensive flow processing unit (FPU) architecture that integrates features of both HTC and HPC [2]. - Nano Labs' Cuckoo series is recognized as one of the first near-memory HTC chips available in the market, according to an industry report by Frost & Sullivan [2]. Group 2: Shareholder Activity - Mr. Jianping Kong's recent share purchase marks the second time he has increased his stake in Nano Labs in 2024, reflecting his optimism about the company's future [1]. - The share transactions were conducted in compliance with the company's internal trading policy and relevant laws [1]. - Mr. Kong has not ruled out the possibility of further increasing his shareholding in the future [1].