HONG KONG, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, today announced that it has been approved to transfer from the Nasdaq Capital Market to the Nasdaq Global Market, effective with the open of business on September 19, 2025. The company’s shares will continue to trade under the ticker symbol “NA.”

Mr. Jianping Kong, Chairman and Chief Executive Officer of the Company, commented, “We are thrilled and honored to complete this uplisting. It represents the culmination of our team’s long-term efforts and serves as a valuable recognition from both investors and the market. With the enhanced platform and more stringent standards of the Nasdaq Global Market, we believe we are well positioned to pursue broader opportunities, unlock greater growth potential, and deliver enhanced value to our shareholders.”

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Nano Labs Ltd Announces Uplisting to The Nasdaq Global Market

HONG KONG, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced receipt of approval from the Kyrgyz Republic to proceed with its proposal (the “Proposal”) to issue a stablecoin pegged to the offshore Chinese Yuan (CNH) within the country.

According to an official letter from both the National Investment Agency under the President of the Kyrgyz Republic and the National Council for the Development of Virtual Assets and Blockchain Technologies under the President of the Kyrgyz Republic, the Proposal has been reviewed by senior authorities within the Presidential Administration and has received clearance to proceed.

The stablecoin project (the “Project”) aims to support the growing trade and economic cooperation between China and Kyrgyzstan-facilitate cross-border settlements, expand investment opportunities, and increase transparency of operations in the digital financial space.

In line with recommendations from the Kyrgyz authorities, Nano Labs will submit a comprehensive white paper and key technical documentation. The Company will continue to collaborate closely with all relevant stakeholders to ensure the Project’s steady and compliant execution.

Concurrently, Nano Labs announced its decision to formally forgo plans to apply for an HKD- or CNH-pegged stablecoin project in the Hong Kong SAR. The Company will instead redirect its resources toward developing stablecoin initiatives in Belt and Road countries.

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Kyrgyz Republic Approved to Proceed with Nano Labs’ CNH-Pegged Stablecoin Initiative

HONG KONG, July 30, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced that it has entered into a strategic equity investment agreement with CEA INDUSTRIES INC. (Nasdaq: VAPE), a company focused on building BNB reserves.

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Under the terms of the agreement, Nano Labs subscribed for 495,050 shares of Class A common stock of CEA INDUSTRIES INC. at a price of US$10.10 per share. The investment also includes 495,050 warrants with an exercise price of US$15.15 per share. If fully exercised, Nano Labs could hold up to 990,100 shares of the company.

This investment constitutes part of CEA INDUSTRIES INC.’s ongoing US$500 million Private Investment in Public Equity (PIPE) financing plan. Proceeds from this tranche are primarily designated for the acquisition of BNB, with the remainder allocated toward working capital, transaction fees, and general corporate purposes.

This strategic transactional move represents another key milestone in Nano Labs’ ongoing strategic initiative to build cryptocurrency reserves. The Company is committed to enhancing its reserve position across major public chain ecosystems through strategic partnerships and further optimizing its crypto asset allocation structure.

As of the date of this announcement, Nano Labs holds approximately 128,000 BNB in total.

The closing under the agreement is subject to customary closing conditions. There is no guarantee that closing will happen in full or at all. Investors should not place on due reliance on this press release.

Nano Labs Invests in BNB Strategic Reserve Company CEA INDUSTRIES INC. to Further Strengthen BNB Reserve Strategy

HONG KONG, July 28, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced a significant increase of its BNB holdings to 128,000 tokens. Based on the current market price of US$850 per BNB, the total value of the Company’s BNB strategic reserve now exceeds US$108 million. This marks the latest advancement in Nano Labs’ long-term BNB reserve strategy.

The Company recently acquired an additional 8,000 BNB tokens through an over-the-counter (OTC) transaction at an average purchase price of approximately US$801 per token. As of the date of this announcement, Nano Labs holds approximately 128,000 BNB tokens in total, with an average acquisition cost of US$713 per token. Based on the current market price, the total market value of these holdings is approximately US$108 million.

Looking ahead, Nano Labs plans to further strengthen its strategic position within the BNB ecosystem through a multi-pronged approach. This includes continued BNB accumulation, acquiring controlling interests in companies focused exclusively on BNB reserves, and investing in leading BNB-centric enterprises.

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Nano Labs Further Increases BNB Holdings to 128,000 Tokens, Expanding Strategic Reserve to Over US$100 Million and Upgrading BNB Reserve Strategy

HONG KONG, July 25, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced that its subsidiary, Zhejiang Nanomicro Technology Co., Ltd., has entered into a donation agreement with the Peking University Education Foundation and Guanghua School of Management (“Guanghua School”) to establish a dedicated fund (the “Fund”) supporting academic research, talent development, and institutional advancement in frontier fields including blockchain, digital finance, and the digital economy.

This initiative aligns with China’s national strategy to promote high-quality development of the digital economy and aims to empower leading academic institutions to deepen research in key technological areas and foster industry-academia collaboration and innovation.

**Deepening Technology, Giving Back to Education**
Nano Labs has long focused on building Web 3.0 infrastructure and is committed to advancing society through technological innovation. This donation represents a logical extension of the company’s sense of responsibility and long-term vision.

**Joint Development, Reputation Protection**
According to the supplementary agreement, the Fund will be named the “Nano bit Blockchain Research Fund” and will operate under Guanghua School’s established governance protocols. Nano Labs is committed to lawful and compliant operations, safeguarding the reputation of all parties involved, and ensuring the fund sustains its contribution to academic research and the creation of social value.

**Technology-Driven, Value-Oriented**
Dr. Jianping Kong, Chairman and CEO of Nano Labs, commented: “As a global leader in Web 3.0 solutions, Nano Labs adheres to a development philosophy of “Technology-Driven, Value-Oriented”. In the rapidly evolving digital economy, we are dedicated to collaborating with universities and research institutions to explore innovative breakthroughs and expand the frontiers of the digital era. Looking ahead, we will continue to fulfill its corporate social responsibilities and support Chinese universities in advancing research in cutting-edge science and technology, contributing technological momentum to the long-term development of a Digital China. Our motto is: ‘Technology empowers education; innovation connects the future’.”

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Nano Labs Donates to Establish the “Nano bit Blockchain Research Fund” at Peking University’s Guanghua School of Management, Supporting Innovation in Blockchain Research

HONG KONG, July 24, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced the appointment of Ms. Can Yang as senior vice president of its wholly-owned subsidiary, Nano bit HK Limited (“Nano bit”). Ms. Yang will be responsible for leading the execution of Nano bit’s digital currency strategic reserves initiatives and supporting its steady and sustainable growth within the global crypto financial ecosystem.

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Ms. Yang brings more than 15 years of experience in finance and investment, spanning both fields of Web2 industries and crypto assets sector. Since 2018, she has been a founding partner at Aquarius Capital, overseeing a $600M+ Bitcoin liquidity fund. In this role, she led direct investments and liquidity provisioning for projects across Layer 1 ecosystems—including but not limited to Sui, Sei, Base, and Babylon.

Prior to entering the crypto industry, Ms. Yang held several senior roles in the traditional financial sector. From 2016 to 2018, she served as investment director at Hanfor Capital Management Ltd., where she participated in the B round of financing of NIO Inc. and successfully exited upon its IPO. From 2012 to 2016, she served as a senior investment manager at a leading aerospace investment firm, where she participated in billion-dollar fundraising initiatives and managed billion-RMB funds. Earlier in her career, from 2008 to 2010, she worked at Deloitte, contributing to high-profile projects for clients including top-tier companies in the infrastructure, conglomerate, and aviation sectors, and participated in annual and internal control audits for several publicly listed companies.

Dr. Jianping Kong, Chairman and CEO of Nano Labs, commented on the appointment, “We believe Ms. Yang will bring significant expertise to enhance the professionalism and foresight of the Company’s financial management, international compliance, and asset allocation strategies. Her leadership will be instrumental in optimizing our asset-liability structure, improving capital efficiency and strengthening our BNB reserve capabilities. Furthermore, she will help deepen our participation in the global crypto financial market to achieve long-term, stable value creation.”

Ms. Yang stated: “It is a great honor to join Nano Labs, a company with a strong vision and outstanding execution. I look forward to contributing to our capital operations and advancing our crypto asset strategies.”

As of now, the Company has accumulated approximately 120,000 BNB.

Nano Labs Appoints Ms. Can Yang as Senior Vice President of Subsidiary Nano bit to Oversee Execution of Digital Currency Strategic Reserves and Strengthen BNB Reserve Capabilities

HONG KONG, July 22, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, today announced that it has significantly increased its holdings of BNB to 120,000.00, representing a total value of approximately US$90 million. This move marks significant progress and a major milestone in the Company’s full-scale upgrade of its BNB strategic reserve plan.

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In recent days, Nano Labs has continued to expand its BNB holdings by acquiring an additional 45,684.9862 BNB through OTC transactions at an average purchase price of approximately US$764 per token. As a result, the Company now holds approximately 120,000.00 BNB, acquired at an average purchase cost of US$707 per token, and valued at approximately US$90 million.

Nano Labs plans to further strengthen its BNB strategic reserve through multiple approaches, including but not limited to continued accumulation of BNB, acquiring controlling stakes in BNB-focused strategic reserve entities, and investing in companies dedicated to holding BNB as a core reserve asset.

Nano Labs Expands BNB Strategic Reserve to US$90 Million and Announces Plan to Upgrade BNB Reserve Strategy

Hong Kong, China – July 3, 2025 (Global Newswire) — Nano Labs Ltd. (Nasdaq: NA) ("we," the "Company," or "Nano Labs"), a leading Web 3.0 infrastructure and product solution provider in China, today announced the successful acquisition of 74,315 BNB via an over-the-counter (OTC) transaction. The average purchase price was approximately US$672.45 per BNB, with a total transaction value of around US$50 million.

Following this transaction, the Company’s total holdings in mainstream digital assets—comprising Bitcoin and BNB—have increased to approximately US$160 million. This milestone marks the official launch of Nano Labs' strategic BNB reserve program and underscores the Company’s strong commitment to further increasing its BNB holdings over time.

Nano Labs will continue to evaluate the security and long-term value of BNB comprehensively. In the initial phase, the Company plans to acquire up to US$1 billion worth of BNB through convertible notes and private placements. In the long term, Nano Labs aims to hold between 5% and 10% of BNB’s total circulating supply.

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Nano Labs Acquires Approximately $50 Million in BNB, Expanding Mainstream Digital Asset Reserves to $160 Million

Nano Labs is pleased to announce that its Founder and Chairman, Dr. Kong Jianping, has been officially reappointed by the Financial Secretary of the Hong Kong Special Administrative Region, Mr. Paul Chan, as a member of the Task Force on Promoting Web3 Development. The new term will commence on July 1, 2025, and run through June 30, 2027.

Since its establishment in 2023, the Task Force has played a key role in shaping policy recommendations and fostering the sustainable development of Hong Kong’s Web3 ecosystem. Chaired by the Financial Secretary himself, the Task Force brings together representatives from the government, financial regulatory bodies, and the broader market.

As an active advocate in the Web3 space, Dr. Kong Jianping is not only the founder of Nano Labs Ltd. (Nasdaq: NA), but also serves as a Board Member of Hong Kong Cyberport and a Member of the Review Tribunal on Anti-Money Laundering and Counter-Terrorist Financing. Dr. Kong continues to contribute thought leadership across various public affairs and Web3-related initiatives.

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Nano Labs Announces Reappointment of Dr. Kong Jianping to Hong Kong's Task Force on Promoting Web3 Development

Hong Kong, June 26, 2025 (Global Newswire) — Nano Labs Ltd (Nasdaq: NA) (“the Company” or “Nano Labs”), a leading provider of Web 3.0 infrastructure and product solutions in China, today announced that it has entered into a securities purchase agreement with certain institutional investors. Under the agreement, the Company will issue and sell 5,952,381 Class A ordinary shares (the “Ordinary Shares”) in a registered direct offering. Concurrently, in a private placement, the Company has also agreed to issue and sell warrants to purchase up to an additional 5,952,381 Ordinary Shares.

Gross proceeds from the registered direct offering and concurrent private placement are expected to be approximately US$50 million, before deducting placement agent fees and other estimated offering expenses payable by the Company.

The net proceeds from the offering and potential warrant exercises will be used to acquire BNB (Binance Coin) as part of the Company’s digital asset strategy.

The offering is expected to close on or around June 27, 2025, subject to customary closing conditions.

Previously, the Company entered into a convertible note investment agreement totaling US$500 million with investors and has accumulated over 1,000 bitcoins to date.

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