Canaan inc. provides updates on recent development and business outlook

Beijing, march 16, 2022 /prnewswire/ -- canaan inc. (nasdaq: can) ("canaan" or the "company"), a leading high-performance computing solutions provider, today announced that its business outlook for the first quarter of 2022 is expected to be impacted due to the delay in the delivery logistics as a result of the recent covid-19 quarantine control in certain regions in china. recently, local governments in a number of cities in china had initiated quarantine control mandates due to the recent resurgence of covid-19 cases.
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