Canaan's Zhang Nangeng visits Hangzhou Jianggan District Government to report on management restructuring

Wu said blockchain learned that on the 19th, Zhang Nangeng, chairman and CEO of Canaan, visited the Jianggan District Government of Hangzhou to report on the optimization of Canaan's corporate governance structure and business development. Zhang Nangeng reported to the district government leaders on the reorganization of Canaan's management and Canaan's "blockchain + AI" development strategy. Lou Jianzhong, deputy secretary of the Jianggan District Committee of Hangzhou and district mayor, expressed the hope that Canaan would further accelerate its development in Jianggan District. Zhang Nangeng said that in order to rapidly develop and improve the governance structure of listed companies, Canaan Technology's wholly-owned subsidiary Canaan Yunzhi has also completed the reorganization of its management. After the adjustment, the executive director, general manager and legal representative of all domestic subsidiaries are all held by him personally. Wu said blockchain once exclusively disclosed that in early July, Zhang Nangeng and Beijing Canaan executives went to Hangzhou to take away the official seal and business license of Canaan Hangzhou Company, and dismissed several managers of Canaan Hangzhou. Employees of Canaan Hangzhou Company called the police.