Nano Labs Announces Resignation of Director

Rhea-AI Summary

Nano Labs (Nasdaq: NA) announced that Mr. Nan Hu has resigned as a director of the company, effective August 31, 2026. The board acknowledged his contributions to oversight and strategic development and expressed appreciation for his service. According to Nano Labs, Mr. Hu’s resignation is not expected to impact ongoing operations or execution of existing business strategies. The company stated it remains focused on its strategic priorities, effective corporate governance, and creating long-term shareholder value as a Web 3.0 infrastructure provider and crypto treasury company.

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HONG KONG, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure provider and crypto treasury company, today announced Mr. Nan Hu has tendered his resignation as a director of the Company, effective August 31, 2026.

During his tenure, Mr. Hu contributed to the oversight and strategic development of the Company. The board of directors of the Company expresses its sincere appreciation to Mr. Hu for his service and contributions to the Company and wishes him continued success in his future endeavors.

Mr. Hu’s resignation is not expected to affect the Company’s ongoing operations or the implementation of its existing business strategies. The Company remains focused on advancing its strategic priorities and maintaining effective corporate governance practices.

Dr. Jianping Kong, Chairman and Chief Executive Officer of Nano Labs, commented, “On behalf of the board of directors and the management team, I would like to express our sincere appreciation to Mr. Hu for his service and contributions to Nano Labs. We wish him every success in his future endeavors. Nano Labs remains committed to executing its strategic plans and creating sustainable, long-term value for its shareholders.”

About Nano Labs Ltd

Nano Labs Ltd is a leading Web 3.0 infrastructure provider and crypto treasury company. Nano Labs has actively positioned itself in the crypto assets space, adopting BNB as its primary reserve asset. It has reserved in mainstream cryptocurrencies BNB, and committed to the product iPollo ClawPC A1 Mini, designed to support the OpenClaw AI Agent system and a broad range of applications, including gaming and entertainment, professional content creation, and intelligent office scenarios. For more information, please visit the Company’s website at: ir.nano.cn.

Forward-Looking Statements

This report contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s plan to appeal the Staff’s determination, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For investor and media inquiries, please contact:

Nano Labs Ltd
Email: ir@nano.cn

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

FAQ

What did Nano Labs (NASDAQ: NA) announce about its board on August 31, 2026?

Nano Labs announced that director Mr. Nan Hu resigned effective August 31, 2026. According to Nano Labs, he contributed to oversight and strategic development, and the board expressed appreciation for his service and wished him success in future endeavors.

When is Nano Labs director Nan Hu’s resignation effective and what is its impact on operations (NA)?

Mr. Nan Hu’s resignation as a director of Nano Labs is effective August 31, 2026. According to Nano Labs, the resignation is not expected to affect ongoing operations or the implementation of existing business strategies at the Web 3.0 infrastructure and crypto treasury company.

Does Nan Hu’s resignation affect Nano Labs’ business strategy or governance (NASDAQ: NA)?

According to Nano Labs, Nan Hu’s resignation is not expected to affect ongoing operations or existing business strategies. The company said it remains focused on advancing strategic priorities and maintaining effective corporate governance while executing its plans to create sustainable, long-term shareholder value.

How did Nano Labs’ management react to director Nan Hu’s resignation (stock symbol NA)?

Nano Labs’ Chairman and CEO, Dr. Jianping Kong, expressed sincere appreciation for Mr. Hu’s service and contributions. According to Nano Labs, the board and management wished him success and reaffirmed the company’s commitment to executing strategic plans and creating long-term value for shareholders.

What type of business is Nano Labs (NA) following the director resignation announcement?

Nano Labs describes itself as a leading Web 3.0 infrastructure provider and crypto treasury company. According to Nano Labs, it uses BNB as its primary reserve asset and focuses on products like iPollo ClawPC A1 Mini supporting OpenClaw AI Agent and various applications.

Where can investors find more information or contact Nano Labs (NASDAQ: NA) investor relations?

Investors can visit Nano Labs’ investor relations website at ir.nano.cn for more information. According to Nano Labs, investor inquiries can be emailed to ir@nano.cn, and Ascent Investor Relations, via Tina Xiao, can be contacted by phone or email for additional support.