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Shenchao TechFlow news, June 25, according to PR Newswire, Canaan Inc. announced that its Chairman and CEO Zhang Nangeng and CFO Cheng Jin recently purchased a total of 1,065,000 American Depositary Shares on the open market, with an average purchase price of $0.35 per share. The company stated that this increase in holdings complies with internal trading policies and applicable securities regulatory requirements, reflecting management's confidence in the company's long-term strategy and future development prospects.