Nano Labs Ltd

Chip Design and R&D: As a leading fabless IC design company, Nano Labs focuses on developing high-throughput computing (HTC) chips and high-performance computing (HPC) chips. The company's self-defined FPU architecture features high reusability and iterability, closely aligning with future market demands for high performance and high-throughput computing. For example, the chips developed can be applied in distributed computing and data storage fields, providing related enterprises with efficient chip solutions to enhance computing efficiency and storage performance. Product Application and Market Expansion: Launching complete products equipped with the CoolCube 3.0 chip, attracting a large customer base with high computing power requirements in the market due to the advanced chip performance. At the same time, actively engaging in Web3.0 ecosystem construction, planning to develop AI applications. Leveraging the decentralized characteristics of Web3.0 and emerging technological trends, integrating its products and services into it to expand market space, such as providing computing support for blockchain projects to facilitate the efficient operation of their smart contracts. Strategic Investment and Cooperation: By acquiring 5% of the shares of Hangzhou Weiheng Technology Co., Ltd., strengthen the technological layout and resource integration in the field of artificial intelligence chips. Collaborate with BitFi to develop Bitcoin solutions, leveraging the advantages of both parties to expand business in the field of cryptocurrency-related technical services, enhancing the company's influence and competitiveness in the industry.

Product sales revenue: Nano Labs generates income by selling self-developed chips, complete machines equipped with chips, and other products to the market. As product performance improves, market recognition increases, and application fields expand, product sales increase, leading to corresponding growth in sales revenue. For example, after the launch of a new model of complete machine, the advantages of the Kuku 3.0 chip attracted customers such as data centers and research institutions to make purchases, resulting in considerable revenue. Technical services and cooperation revenue: Providing customers with technical services based on chip products, such as chip application solution design, technical consulting, etc., and charging service fees. In cooperation projects with other companies, revenue is obtained according to the cooperation agreement, such as collaborating with BitFi to develop Bitcoin solutions, which may profit from the application of project results or revenue sharing. Investment appreciation income: The company engages in value investment activities, such as holding approximately 400 bitcoins. As the market price of bitcoin fluctuates, if the price of bitcoin rises, the value of the company's held bitcoin assets increases, realizing investment appreciation income. At the same time, for strategic investments in companies like Hangzhou Weiheng Technology, if the invested companies develop well and their valuations rise, the company can obtain income through equity appreciation, dividends, and other means.

Product sales revenue model: This is the fundamental source of profit for the company, supporting daily operations and research and development investments. Continuous sales revenue provides financial support for the company to expand production scale, optimize product performance, and develop sales channels, promoting the company's sustained development in the chip and related product markets. Technical service and cooperation revenue model: On one hand, meet the diverse needs of customers, enhancing customer satisfaction and loyalty; on the other hand, strengthen the connection between the company and other enterprises in the industry through technology output and cooperation, expand business boundaries, and enhance the company's technical influence and brand awareness in the industry. Investment appreciation revenue model: to open up new profit growth points for the company, leveraging cryptocurrency investment and strategic investment to share the development dividends of related industries. Investment appreciation revenue not only increases the company's asset scale but also provides financial support for the company's strategic layout and business expansion, enhancing the company's ability to respond to market changes.

Bitcoin ( BTC ): Nano Labs holds approximately 400 bitcoins, and its buying and selling activities directly affect the supply and demand relationship in the bitcoin market. If the company buys bitcoins on a large scale, the market demand for bitcoin may increase, potentially driving up the price of bitcoin; conversely, if there is a large sell-off, the increase in supply may lead to a price drop. In addition, the company's business expansion in bitcoin-related technology services, such as collaborating with BitFi to develop bitcoin solutions, will enhance bitcoin's influence in the technological application layer, attracting more investors' attention to bitcoin and indirectly affecting its market demand and price. Other cryptocurrencies: The company's layout in the Web3.0 ecosystem, such as plans to develop AI applications, may drive the overall development of the Web3.0 ecosystem. As the ecosystem thrives, the demand for mainstream cryptocurrencies that support smart contracts and build decentralized applications, such as Ethereum, may increase, as many Web3.0 applications are developed based on these blockchains, thereby affecting their prices. At the same time, the company's technological innovation and business expansion may trigger industry attention and innovation in the underlying technology of cryptocurrencies, positively impacting other cryptocurrencies with similar technological characteristics or application scenarios.