Nano Labs Chairman Jianping Kong Acquires 480,000 Class A Shares.

Nano Labs Ltd's Chairman and CEO, Jianping Kong, has acquired 480,000 class A ordinary shares using personal funds in August. This follows previous share purchases in May and September 2024. Kong commented that the Web 3.0 and cryptocurrency industry are rapidly evolving and Nano Labs is poised for long-term development, with strategies adjusted to align with the industry trend.

Nano Labs Ltd (NASDAQ:NA), a leading Web 3.0 infrastructure and product solution provider, has seen its Chairman and CEO, Jianping Kong, increase his shareholdings. On August 26, 2025, Kong purchased 480,000 Class A ordinary shares through open market transactions, following previous acquisitions in May and September 2024 [2]. These transactions were conducted using personal funds and in compliance with company trading policies and applicable laws.

Kong's latest purchase underscores his confidence in Nano Labs' growth prospects within the Web 3.0 and cryptocurrency sectors. The transactions align with Kong's long-term vision for the company, as he believes that the industry is rapidly evolving and that Nano Labs is well-positioned for sustained development. He indicated that future share purchases may be considered when appropriate.

Nano Labs has been actively expanding its cryptocurrency portfolio, including increasing its BNB holdings to 128,000 tokens valued at over $108 million [1]. The company's strategic equity investment in CEA Industries Inc., acquiring 495,050 shares of Class A common stock at $10.10 per share, also reflects its ongoing efforts to enhance its market position [1].

The company's latest financial developments come as it faces profitability challenges, with negative EBITDA of $7.77 million and revenue declining by 52.49% in the last twelve months [1]. However, Nano Labs has entered into an At The Market Offering Agreement with Maxim Group LLC to sell Class A Ordinary Shares with an aggregate offering price of up to $45 million, aiming to use the net proceeds for its BNB and crypto asset reserve strategy, research and development of new products, and general corporate purposes [1].

Nano Labs has positioned itself in the crypto assets space by adopting BNB as its primary reserve asset and holding reserves in cryptocurrencies including BTC. The company's integrated platform covers multiple business verticals, including high throughput computing (HTC) solutions and high-performance computing (HPC) solutions [1].

References:
[1] https://www.investing.com/news/company-news/nano-labs-enters-45-million-atthemarket-offering-agreement-93CH-4204784
[2] https://www.stocktitan.net/news/NA/nano-labs-ceo-mr-kong-jianping-increases-shareholdings-by-480-000-1w0uad92i247.html