Canaan Inc. provided revenue guidance for the third quarter of 2022. For the third quarter of 2022, the Company expects total net revenues to be in the range of RMB 900 million (USD 134.4 million) to RMB 1,100 million (USD 164.2 million), representing a decrease of 17% to 32% from the third quarter of 2021. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.