Canaan Technology and Sinohope Technology officially reach strategic business cooperation

Canaan Technology (NASDAQ: CAN) announced that it has reached a business strategic partnership and signed an MOU cooperation agreement with Sinohope Technology Holdings Limited ("Sinohope", stock code: 1611.HK), a one-stop digital asset custody platform. This cooperation means that both parties empower each other's industrial ecology and innovate virtual asset industry cooperation from "production" to "custody". Through these cooperations, both parties will jointly promote business development, improve the competitiveness and market expansion efficiency of both parties, and contribute more to the construction of the entire Bitcoin ecosystem and the development of the digital economy.