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Canaan Inc. Announces New US$20 Million Share Repurchase Program Under US$100 Million Board Authorization

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New authorization reflects confidence in the Company’s strategic transformation and long-term prospects

SINGAPORE, Nov. 10, 2026 /PRNewswire/ — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), an innovator in compute and energy infrastructure, today announced the launch of an initial share repurchase program of up to US$20 million under a broader US$100 million share repurchase authorization approved by its board of directors (the “Board”). The overall authorization is valid for a 12-month period beginning November 6, 2026, upon the Board’s approval, providing the Company with flexibility to consider additional repurchases within the authorized limit.

Nangeng Zhang, chairman and chief executive officer of Canaan, commented, “The recent progress of our 1 GW Duval County project under ERCOT’s Batch Zero process, together with our additional 1 GW power project pipeline in Zapata County, Texas, reinforces our confidence in Canaan’s transformation toward energy and computing infrastructure and our long-term prospects. This new share repurchase program reflects our belief that our shares are trading at levels that materially undervalue the strength of our business model and long-term growth potential. We view share repurchases as an important capital allocation priority. As additional funds become available, we intend to pursue repurchases more actively while maintaining sufficient liquidity for ongoing operations and committed projects. This new program underscores our commitment to disciplined capital allocation and enhancing shareholder value.”

Under the share repurchase program, the Company may repurchase its ADSs and/or Class A ordinary shares through open market transactions at prevailing market prices, privately negotiated transactions, block trades, or any combination thereof. Canaan will execute the repurchase transactions in compliance with the Securities Exchange Act of 1934, as amended, and its insider trading policy. The number of ADSs and/or Class A ordinary shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume, and general market conditions, along with Canaan’s working capital requirements and general business conditions. The Company’s Board or its management will review the share repurchase program periodically and may authorize an adjustment of its terms and size as appropriate. The Company plans to fund the repurchases with cash on hand and other available sources of liquidity.

About Canaan Inc.

Established in 2013, Canaan Inc. (NASDAQ: CAN) is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, Canaan’s founding team shipped to its customers the world’s first batch of mining machines incorporating ASIC technology under the brand name Avalon. In 2019, Canaan completed its initial public offering on the Nasdaq Global Market. To learn more about Canaan, please visit https://www.canaan.io/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward-looking statements. Canaan Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, such as expectations with regard to revenue or mining hash rate deployment, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, the ability of the Company to execute against its goals, financial condition and results of operations; the expected growth of the bitcoin industry and the price of bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its bitcoin mining machines; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry; changing macroeconomic and geopolitical conditions, including evolving international trade policies and the implementation of increased tariffs, import restrictions, and retaliatory trade actions; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

Canaan Inc.
Xi Zhang
Email: IR@canaan-creative.com

Christensen Advisory
Christian Arnell
Email: canaan@christensencomms.com

Media Contact

BlocksBridge Consulting
Jesse Colzani
Email: canaan@blocksbridge.com

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Terracon and Brickeye Form Strategic Partnership to De-Risk Mass Concrete Across the U.S.

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Partnership combines one of the nation’s leading engineering and materials testing firms with proven in-place concrete monitoring

AUSTIN, Texas, Nov. 10, 2026 /PRNewswire/ — Terracon, one of the nation’s leading geotechnical engineering and materials testing firms, and Brickeye, the construction risk intelligence company behind LumiCon®, announced a strategic partnership to change how mass concrete risk is managed on U.S. projects. Together, the companies will offer project teams technical assurance on concrete from preconstruction risk assessment through the final pour and reporting.

The partnership pairs Terracon’s engineering consulting and field-testing expertise with Brickeye’s LumiCon monitoring services. Terracon has more than 140 accredited laboratories, operated by one of the country’s largest workforces of materials professionals and technicians. Brickeye’s expertise includes real-time monitoring of more than 100,000 concrete pours across 4,500+ projects.

Mass concrete presents some of the most difficult-to-detect thermal risks in construction. On large placements, including bridges and dams as well as major transportation and energy infrastructure, temperature differentials can crack an element from the inside long before anything that may show on the surface. That damage can lead to costly rework, delays, litigation, and insurance claims. Yet risk assessment, testing, and monitoring are still often handled by separate providers working from separate data.

Terracon and Brickeye will deliver one integrated package that combines engineering consulting, materials testing, and continuous in-place concrete monitoring. The two companies will also build new preconstruction concrete de-risking offerings spanning software, construction insurance technology, and engineering services, ultimately reducing risk and delivering better project outcomes.

“The insight from decades of real-world concrete monitoring data, backed by Terracon’s engineering expertise and consulting leadership, will continue to advance our concrete de-risking software and intelligence solutions,” said Tim Angus, CEO of Brickeye.

Through this agreement, Brickeye has also acquired COMMAND Center™, Terracon’s concrete temperature and maturity system. Welcoming COMMAND Center into the Brickeye portfolio expands one of the most robust concrete sensing and software platforms in the global construction industry. Combining decades of domain expertise, this move establishes the largest historical database of completed projects of any concrete intelligence company in the U.S. LumiCon and COMMAND Center will also expand U.S. manufacturing of advanced concrete monitoring products to support federal and national heavy civil and infrastructure projects.

The combined deployment includes more than 750,000 sensors in all 50 states and more than 25 countries, representing millions of unique data points and the richest set of embedded concrete performance data in the world, according to Angus.

“Terracon’s partnership with Brickeye represents a strategic relationship that will provide U.S. clients with comprehensive concrete consulting, data, and effective tools to add greater certainty and validate concrete quality during preconstruction,” said Gayle Packer, chair, president and CEO of Terracon. “We’re excited to continue advancing solutions for our industry clients and partners.”

COMMAND Center joins Brickeye

COMMAND Center was originally developed in 2003 for the Federal Highway Administration (FHWA) and the Federal Aviation Administration (FAA). It has since been used on thousands of projects, placing more than 560,000 sensors in concrete across highways, bridges, airfields, and other structures in more than 24 countries.

Customers now have the backing of Brickeye’s global team, including software development and customer support, for faster product updates and more field support.

COMMAND Center sensors are built in the U.S., giving Brickeye an American-made product line and a domestic manufacturing base for LumiCon products.

“Our customers will reach the same people, at the same number, and get the same best-in-class service and technical support they’ve come to rely on. What changes is what we can now do for them. Joining forces with Brickeye unlocks a comprehensive suite of concrete technology services, reinforcing the value we deliver for our long-standing customers,” said Matt Pittman, Director of Business Operations, COMMAND Center.

About Brickeye

Brickeye is a leader in construction IoT and job site risk mitigation, trusted by top-tier owners, developers, contractors, and insurers in more than 20 countries. Its real-time alerts, automated risk controls, and post-construction insights help clients protect project margins, keep schedules on track, and reduce insurance costs. Learn more at brickeye.com.

About Terracon

Terracon is an employee-owned, multidiscipline consulting firm of more than 8,000 curious minds focused on solving engineering and technical challenges from more than 200 locations nationwide. Explore with us by visiting terracon.com.

About COMMAND Center

Based in Austin, Texas, COMMAND Center is an established temperature monitoring system for early-age concrete, used for thermal control in mass placements, cold weather concreting, and strength estimation. Learn more at commandcenterconcrete.com.

Media Contact
Alena Sheina, Director of Marketing, Brickeye
608-217-6113
426679@email4pr.com 

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SOURCE Brickeye

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Supermetrics Launches Campaign Manager, Bringing AI-Powered Insights and Campaign Execution Together

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New AI-powered capabilities help marketers move from answers to action across advertising platforms, with trusted data, human oversight and control over campaign decisions

HELSINKI, Nov. 10, 2026 /PRNewswire/ — Supermetrics, the marketing intelligence platform powering more than 200,000 businesses, today announced the launch of Campaign Manager, a new solution designed to help marketers bridge the gap between understanding campaign performance and taking action with AI. By bringing cross-platform performance marketing data and campaign actions into AI chats, Supermetrics is helping businesses turn AI marketing recommendations into optimization actions with a simple in-chat approval.

For years, marketers have relied on increasingly sophisticated tools to understand campaign performance, yet acting on those insights often remains a fragmented, manual process. Teams must navigate multiple advertising platforms, reconcile disconnected data and translate recommendations into campaign changes, losing time and slowing their ability to respond to campaign issues and changing performance marketing priorities.

Campaign Management addresses this challenge by connecting marketing intelligence directly to campaign execution. Built on Supermetrics’ established data infrastructure, the solution combines trusted, connected marketing data with AI-powered workflows, so marketers can identify opportunities, evaluate recommended changes and take action across advertising channels from whichever AI solution they currently use.

 “There’s pressure on every marketing team to put AI to work, but not everyone is starting from the same place,” said Anssi Rusi, CEO of Supermetrics. “Some are still getting their data connected. Others are already using tools like Claude to analyze performance and work out what to do next. For those teams, the question is, ‘Why do I have to leave this conversation to make the change?’ That’s who we’re building Campaign Management for. They want to act on the recommendations where they’re already working, while staying in control of what happens to their campaigns.”

From Marketing Intelligence to Intelligent Action

Campaign Management represents the next step in Supermetrics’ evolution from marketing data integration to AI-powered marketing intelligence and execution.

Rather than relying on isolated, platform-specific recommendations, Campaign Management is designed to help marketers make decisions informed by a broader view of their marketing performance and business priorities.

The solution introduces capabilities designed to help marketing teams:

Connect insights to execution: Move from identifying campaign performance opportunities to implementing changes through connected workflows, reducing the manual steps between analysis and action.Manage campaigns across platforms: Work across supported advertising channels through a more unified experience, reducing the need to move between individual ad platforms.Make AI recommendations more relevant: Ground AI-powered analysis and recommendations in connected marketing data and business context, helping teams make decisions aligned with their objectives.Maintain human oversight and control: Apply configurable approvals, permissions and budget guardrails to campaign actions, keeping marketers in control of how AI-supported recommendations are executed.Improve transparency and accountability: Maintain visibility into campaign changes and actions through logging and oversight capabilities.

Premier Cru Solutions, a six-person digital marketing agency serving premium and luxury wineries, is already saving around 30% of its time using Supermetrics Campaign Management and Supermetrics for Claude. The team builds, restructures and optimizes Google Ads and Meta campaigns from one chat, directing the saved time toward deeper client analysis. In one Google Search rebuild, the agency completed a campaign build estimated at 14 hours in two hours, before final fine-tuning.

“Getting our data into Claude with Supermetrics changed how we analyze,” said Matthew Thompson, Founder and Head of Growth at Premier Cru Solutions. “Campaign Management is changing how we work. We find the problem and make the fix across Google and Meta from the same chat, and every change gets checked before it goes live. A Search build we estimated at 14 hours, took two. We aren’t using that time to take on more clients. We’re using the time and richer data to give our clients answers they may have never had before.”

Building a More Connected Advertising Ecosystem

As advertising becomes increasingly complex, marketers need solutions that bring together data, intelligence and execution across the platforms where their campaigns operate.

Supermetrics’ Campaign Management can manage campaigns across Google, Meta, LinkedIn, Microsoft Advertising,TikTok, Snapchat and ChatGPT Ads, reflecting the growing importance of trusted data connectivity and more actionable marketing intelligence.

“Snapchat is dedicated to helping businesses of all sizes reach new customers and drive growth. Our partnership with Supermetrics helps advertisers turn insights into action with the AI tools they already use, simplifying campaign management and making it easier to drive better results.” – Alfie Villanueva Brandt, Senior Manager, Ad Product Partnerships, Snapchat

“At Microsoft Advertising, we believe AI has the ability to make marketing simpler, more connected and more actionable. Together with partners like Supermetrics, we’re helping marketers turn trusted, connected data into better decisions and faster action, while keeping them in control” said Jason McKay, VP Partnerships, Microsoft Advertising.

“Agentic AI is transforming marketing and it requires an interconnected ecosystem for marketers to realize its full potential. The TikTok MCP Server enables developers and platforms to build AI solutions that connect seamlessly with TikTok, helping reduce complexity, move faster, and drive real business outcomes” said David Kaufman, Global Head of Monetization Product Partnerships, TikTok

The Next Chapter of AI-Powered Marketing

The introduction of Campaign Management builds on Supermetrics’ broader investment in making marketing data more accessible, actionable and AI-ready.

As AI becomes more deeply embedded in marketing workflows, the challenge for organizations is shifting from simply accessing information to ensuring AI-driven recommendations are grounded in reliable data, relevant business context and appropriate human oversight.

With Campaign Management, Supermetrics is extending its role beyond helping marketers understand performance to helping them act on that understanding.

The launch also builds on Supermetrics’ recent advancements in AI-powered marketing workflows, including its integration with Claude, reinforcing the company’s vision of a more connected marketing ecosystem in which AI can support the full journey from data analysis to informed action.

“AI will only be as valuable as the data and context behind it,” added Rusi. “The future of marketing isn’t about handing every decision over to AI. It’s about giving marketers the intelligence, confidence and control to act at the speed their businesses demand. Campaign Management is an important step toward making that future a reality.”

About Supermetrics
Supermetrics is the Marketing Intelligence Platform that helps marketers bring together data from unlimited marketing and sales sources, get answers they can trust, and act on them directly from their preferred AI chat tool. More than 200,000 businesses worldwide use Supermetrics, including TBWA, Dentsu, Dyson, Heineken, AirFrance, Levi’s and Deloitte. Founded in 2013 and headquartered in Helsinki, Finland, Supermetrics has 350 employees across Europe, Asia and North America.

Media Contact:
Lauren Warble
(502) 298-5862
426668@email4pr.com 

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SOURCE Supermetrics

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Biozen Cuts Cuffless Blood Pressure Measurement Time by 40% While Maintaining Accuracy

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Prospective validation demonstrates clinical-grade accuracy with substantially shorter measurements with the BP2000.

OKLAHOMA CITY, Nov. 10, 2026 /PRNewswire/ — Biozen, LLC has made clinically accurate blood pressure measurement even faster, without a traditional cuff or calibration.

At the American Heart Association’s Scientific Sessions 2026 in Chicago, Biozen Chief Scientific Officer Omer Inan, PhD, presented new research on the company’s BP2000, a next-generation version of the FDA-cleared BP1000.

The latest iteration reduces average measurement time by 40% while maintaining accurate systolic and diastolic blood pressure measurements.

The findings were supported by a prospective clinical study involving 85 participants and 255 measurements, using a validation protocol based on ISO 81060-2:2018.

Faster measurement times make accurate blood pressure monitoring more practical and convenient for everyday use, bringing clinical-grade measurement closer to becoming a seamless part of everyday life.

“FDA clearance of our first device was a milestone, not the finish line,” said Dikran Tourian, Chief Executive Officer of Biozen. “We’ve established the foundation. Now we’re focused on how far we can take this technology.”

“Speed means little without accuracy,” said Inan. “We’ve reduced measurement time by 40% while preserving the accuracy that defines our technology.”

Biozen’s proprietary platform is engineered for integration across wearables, smartphones and connected health technologies, positioning the company to bring clinical-grade blood pressure measurement beyond standalone devices.

About Biozen

Redefining how the world measures blood pressure.

Biozen is a privately held digital health company headquartered in Oklahoma City, Oklahoma, with research and development in Atlanta, Georgia. The company’s cuffless blood pressure platform — protected by more than 68 granted U.S. and international patents — integrates advanced biosensors with proprietary algorithms to deliver calibration-free, clinical-grade blood pressure readings at the fingertip.

Note: BP2000 is an investigational device. Limited by Federal law to investigational use. 

For more information, visit biozen.com.

Media Contact

Ashley Wilson
aw@biozen.com
+1 405-413-5201

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SOURCE Biozen, LLC

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