Canaan Inc. provided revenue guidance for the second quarter of 2022. For the quarter, the company expects total net revenues to be in the range of RMB 1,600 million (USD 252.4 million) to RMB 1,800 million (USD 283.9 million), representing an increase of 48% to 67% from the second quarter of 2021. This forecast reflects the company's current and preliminary views on the market and operational conditions, which are subject to change.