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Nano Labs Ltd (NA) provides investors and technology stakeholders with centralized access to official announcements and market developments from this innovative fabless IC designer. Track the company's advancements in high throughput computing chips, distributed storage solutions, and strategic blockchain integrations through verified press releases and financial disclosures.
This resource consolidates essential updates including quarterly earnings reports, product launch details, and partnership announcements. Users gain insights into NA's pioneering FPU architecture developments and ASIC innovations while monitoring its position within competitive semiconductor markets.
All content undergoes strict verification to ensure accuracy and relevance. The curated news feed enables efficient tracking of NA's progress in key areas: HTC/HPC chip design, smart NIC implementations, and distributed computing infrastructure. Regular updates reflect the company's agile response to evolving tech demands across AI hardware and edge computing sectors.
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On April 18, 2023, Nano Labs Ltd (Nasdaq: NA) filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the SEC. This report includes audited consolidated financial statements and is available on both the company's investor relations website and the SEC's website. Nano Labs, a fabless IC design company based in China, focuses on developing high throughput computing and high performance computing chips, among other innovative solutions. The company's Cuckoo series includes one of the first near-memory HTC chips with a bandwidth of approximately 2.27 Tbps. Shareholders can request a hard copy of the annual report free of charge by contacting the IR Department.
Nano Labs Ltd (Nasdaq: NA) reported its unaudited financial results for Q4 2022, showing a net revenue increase to RMB12.7 million (US$1.8 million) from RMB3.2 million year-over-year. However, the company faced a gross loss of RMB76.6 million (US$11.0 million), worsening from RMB23.8 million in Q4 2021. The net loss for the quarter was RMB132.8 million (US$19.1 million), a slight improvement from RMB135.5 million in the same period of 2021. The CEO highlighted efforts to explore new markets and develop AIGC and ZK technologies, including the launch of new iPollo computing devices. Cash and cash equivalents stood at RMB87.8 million, down from RMB233.9 million a year ago.
Nano Labs Ltd (Nasdaq: NA) will report its unaudited financial results for Q4 2022 on March 14, 2023, before U.S. market opens. An earnings conference call is scheduled for the same day at 8:30 am ET. Participants can register for the call through a provided link. The company is known for its advanced integrated circuit design and solutions. It specializes in high throughput computing chips and is a first mover in the ASIC-based Grin mining market. More information can be found on their investor relations website.
Nano Labs Ltd (Nasdaq: NA), a fabless integrated circuit design company in China, announced the launch of its new A-series iPollo computing devices in February 2023. The devices feature high-performance graphics cards and CPUs, aimed at supporting AI-generated content (AIGC) and zero-knowledge proofs (ZKP). Senior VP Marvin Kong highlighted the importance of ZKP in the encryption field and its potential to enhance Web3.0 and blockchain technology. The A-series is designed for low power consumption, user-friendly management, and high computing power, which boosts efficiency in the Metaverse and related sectors.
Nano Labs Ltd (Nasdaq: NA) reported strong financial results for Q3 2022, with net revenue soaring to RMB590.3 million (US$83.1 million), a significant rise from RMB13.5 million in Q3 2021. Gross profit also increased to RMB130.3 million (US$18.4 million), leading to a net income of RMB52.5 million (US$7.4 million) compared to a net loss of RMB6.1 million a year ago. Earnings per share improved to RMB0.49 (US$0.07). Despite challenges from Ethereum's transition, the company is poised for growth with its innovative iPolloverse platform and upcoming product launches in the metaverse space.
Nano Labs Ltd (Nasdaq: NA) announced it will release its unaudited financial results for Q3 2022 before U.S. markets open on November 17, 2022. Management will host an earnings conference call on the same day at 8:30 AM ET to discuss the results. Participants must register online to access the call. With a focus on high-throughput and high-performance computing solutions, Nano Labs is positioning itself as a leading fabless integrated circuit design company in China, aiming to innovate in the chip market.
Nano Labs Ltd (Nasdaq: NA) announced a breakthrough in its iPolloverse metaverse rendering platform, enabling 10,000 concurrent users on the same screen. The latest technology focuses on reducing costs and latency in traditional rendering. CEO Jianping Kong highlighted the platform’s user-friendly consensus mechanism and 3D rendering capabilities for immersive experiences. The platform comprises four technical architecture layers and 18 modules, enhancing communication speed and user interaction in a decentralized environment. The firm specializes in high throughput and performance computing solutions.
On October 14, 2022, Nano Labs Ltd announced its compliance with Nasdaq Listing Rule 5210(k)(i), confirming that its securities will continue to be listed on The Nasdaq Stock Market. The Nasdaq Hearing Panel's decision reflects the Company's ability to meet regulatory standards.
Nano Labs, a key player in China's fabless integrated circuit design sector, specializes in high throughput computing and performance chips, and is recognized for its advancements in the ASIC-based Grin mining market.
