Nano Labs Regains Compliance with Nasdaq Listing Rule

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HANGZHOU, China, Oct. 14, 2022 (GLOBE NEWSWIRE) — Nano Labs Ltd (the “Company” or “Nano Labs”), a number one fabless built-in circuit design firm and product answer supplier in China, introduced in the present day that it has acquired a letter from the Nasdaq Office of General Counsel, notifying the Company that it has regained compliance with Listing Rule 5210(okay)(i). Accordingly, the Nasdaq Hearing Panel has decided to proceed the itemizing of the Company’s securities on The Nasdaq Stock Market.

About Nano Labs Ltd

Nano Labs Ltd is a number one fabless built-in circuit (“IC”) design firm and product answer supplier in China. Nano Labs is dedicated to the event of excessive throughput computing (“HTC”) chips, excessive efficiency computing (“HPC”) chips, distributed computing and storage options, sensible community interface playing cards (“NICs”) imaginative and prescient computing chips and distributed rendering. Nano Labs has constructed a complete move processing unit (“FPU”) structure which presents answer that integrates the options of each HTC and HPC. Nano Lab’s Cuckoo sequence are one of many first near-memory HTC chips accessible available in the market with a most bandwidth of roughly 2.27 Tbps, in addition to one of many first movers of ASIC-based Grin mining market*. For extra info, please go to the Company’s web site at: ir.nano.cn.

*According to an business report ready by Frost & Sullivan.

For investor and media inquiries, please contact:

Nano Labs Ltd
Email: [email protected]

Ascent Investor Relations LLC
Ms. Tina Xiao
Tel: (917) 609-0333
Email: [email protected]



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