HONG
KONG, Dec. 5, 2024 /PRNewswire/ -- Nano Labs Ltd
(Nasdaq: NA) ("we," the "Company" or "Nano
Labs"), a leading fabless integrated circuit design company
and product solution provider in China, today announced that the Company has
entered into a strategic cooperate agreement (the "Agreement") to
explore in-depth cooperation in the Web3 space and blockchain
ecosystem with HashKey Group ("HashKey"). This partnership marks a
significant step in Nano Labs's
commitment to advancing the technical innovation and application in
Web3 and blockchain ecosystem.
Pursuant to the Agreement, a subsidiary of Nano Labs will open a trading account on HashKey
Exchange, a licensed virtual asset trading platform in Hong Kong under HashKey Group, and invest in
virtual assets to diversify its portfolio in the digital currency
sector. The collaboration extends beyond digital asset trading and
is expected to include Web3 technology development and blockchain
ecosystem construction, fostering innovation and growth in the Web3
industry.
Terence Pu, Managing Director of
HashKey Exchange, stated: "We are delighted to establish this
strategic partnership with Nano
Labs. With its extensive experience in technology
development and market expansion, Nano
Labs brings a broad user base. This collaboration will not
only provide enhanced virtual asset trading and investment
opportunities for both parties' users but also accelerate the
development of the Web3 industry."
Jack Kong, Chairman of
Nano Labs, commented, "Against the
backdrop of favorable market trends, regulatory support, and
increasing institutional adoption, Bitcoin is playing
an increasingly critical role in the digital asset ecosystem. Our
collaboration with HashKey Exchange will help Nano Labs further expand its virtual asset
business, seize opportunities in the digital asset sector, and
create greater value for shareholders."
About HashKey Exchange
HashKey Exchange is dedicated to setting new benchmarks for
compliance, fund security, and platform safety in virtual asset
trading. Operated by Hash Blockchain Limited (HashKey Exchange), it
is one of the first licensed retail virtual asset trading platforms
in Hong Kong. It has obtained
approvals from the Hong Kong Securities and Futures Commission
(SFC) under the Securities and Futures Ordinance for Type 1
(Dealing in Securities) and Type 7 (Providing Automated Trading
Services) licenses, as well as a license to operate a virtual asset
trading platform under the Anti-Money Laundering Ordinance.
As the flagship business of HashKey Group, HashKeyExchange
provides one-stop virtual asset trading services for professional
investors (PIs) and retail investors. The platform is ISO 27001
(Information Security) and ISO 27701 (Data Privacy) certified. For
more details, visit HashKey Exchange and follow us on Twitter and
LinkedIn.
About Nano Labs Ltd
Nano Labs Ltd is a leading fabless integrated circuit ("IC")
design company and product solution provider in China. Nano
Labs is committed to the development of high throughput
computing ("HTC") chips, high performance computing ("HPC") chips,
distributed computing and storage solutions, smart network
interface cards ("NICs") vision computing chips and distributed
rendering. Nano Labs has built a
comprehensive flow processing unit ("FPU") architecture which
offers solution that integrates the features of both HTC and HPC.
Nano Lab's Cuckoo series are one of
the first near-memory HTC chips available in the market*. For more
information, please visit the Company's website at:
https://ir.nano.cn/.
* According to an industry report prepared by Frost
& Sullivan.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended, and as defined in the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements
include, without limitation, the Company's plan to appeal the
Staff's determination, which can be identified by terminology such
as "may," "will," "expect," "anticipate," "aim," "estimate,"
"intend," "plan," "believe," "potential," "continue," "is/are
likely to" or other similar expressions. Such statements are based
upon management's current expectations and current market and
operating conditions, and relate to events that involve known or
unknown risks, uncertainties and other factors, all of which are
difficult to predict and many of which are beyond the Company's
control, which may cause the Company's actual results, performance
or achievements to differ materially from those in the
forward-looking statements. Further information regarding these and
other risks, uncertainties or factors is included in the Company's
filings with the Securities and Exchange Commission. The Company
does not undertake any obligation to update any forward-looking
statement as a result of new information, future events or
otherwise, except as required under law.
For investor inquiries, please contact:
Nano Labs Ltd
ir@nano.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
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SOURCE Nano Labs Ltd