Canaan Inc.
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
About Canaan
Finance Services, SIC 6199
Canaan Inc. is a fabless integrated circuit design company that specializes in semiconductor solutions and equipment for cryptocurrency mining. Operating primarily under the Avalon and AvalonMiner brands, the company develops proprietary application-specific integrated circuits (ASICs) and assembles Bitcoin mining hardware. Its offerings include industrial-grade mining machines, immersion- and hydro-cooled units, containerized Avalon Box infrastructure solutions, and the Avalon Home series designed for domestic environments. Canaan also engages directly in Bitcoin mining operations in collaboration with mining farms and energy providers. The company serves both individual retail purchasers and corporate clients globally.
Headquartered in Singapore, Canaan maintains an assembly facility covering 7,378.0 square meters in the People's Republic of China, alongside assembly partnerships in Southeast Asia and the United States. The company distributes its products and operates an online retail presence reaching nearly 100 countries and regions, supported by an international network of more than 27 aftersales service stations.
Summary of the business section of Canaan's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Canaan Inc.
- Founded
- 2013
- Headquarters
- Singapore, U0
- Address
- 28 Ayer Rajah Crescent, #06-08 139959
- Phone
- (656) 305-6618
- Website
- investor.canaan-creative.com
- Employees
- 399, Dec 31, 2025
- Industry
- Finance Services
- Incorporated in
- E9
- Fiscal year ends
- December 31
- Auditor
- KPMG Huazhen LLP, Beijing, China
Stock & identifiers
- Ticker
- CAN
- Exchange
- Nasdaq
- IPO date
- Nov 21, 2019
- Shares outstanding
- 10.74B, Dec 31, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1780652
- CUSIP
- 134748102
- ISIN
- US1347481020
- LEI
- 254900OEOGK9ALNMUN24
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Nangeng Zhang | Chief Executive Officer, Director | 370,884,600 |
| Jin Cheng | Chief Financial Officer | – |
| Yaping ZY ZHANG | Director | – |
| Zhitang Shu | Director | – |
| Hongchao Du | Director | – |
| Wenjun Zhang | Director | – |
Employees
Headcount reported in annual reports
“As of December 31, 2025, we and our operating subsidiaries employed a total of 399 employees that are classified as follows:”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 21, 2019 | IPO | Initial public offering priced (424B4 prospectus) |
| Nov 6, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |