HONG KONG, December 30, 2024 — Nano Labs Ltd (Nasdaq: ) (“we,” the “Company,” or “Nano Labs“), a leading fabless integrated circuit design firm and product solution provider in China, announced the renaming of its wholly-owned subsidiary, Tsuki HK Limited, to Nano bit HK Limited. This rebranding positions Nano bit HK Limited to develop Bitcoin-related ventures within the Bitcoin ecosystem, furthering the Company’s global technology innovation and ecosystem strategy.

Nano bit’s new business endeavors reflect Nano Labs’ dedication to advancing blockchain infrastructure innovation and expanding its global reach. The Company remains committed to technological innovation, ecosystem development, and providing sustainable value and growth for its clients and partners.

About Nano Labs Ltd

Nano Labs Ltd is a leading fabless integrated circuit (“IC”) design company and product solution provider based in China. Nano Labs focuses on 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 developed a comprehensive flow processing unit (“FPU”) architecture that integrates HTC and HPC capabilities. Nano Lab’s Cuckoo series are among the first near-memory HTC chips on the market*. For more information, please visit the Company’s website at: .

* According to a Frost & Sullivan industry report.

Forward-Looking Statements

This press release includes forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These statements, often including words like “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or similar expressions, are based on current management expectations and market conditions and involve known and unknown risks and uncertainties. Actual results could differ materially. Further details on these risks are in the Company’s SEC filings. The Company assumes no obligation to update forward-looking statements, except as legally required.

For investor inquiries, please contact:

Nano Labs Ltd
 

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: 

SOURCE Nano Labs Ltd

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