HONG KONG, August 26, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, announced that its Chairman and Chief Executive Officer, Mr. Jianping Kong, has acquired 480,000 class A ordinary shares through open market transactions using personal funds in August. This follows two previous share purchases by Mr. Kong in May and September 2024. These transactions were conducted in strict adherence to the Company’s internal trading policies and are in full compliance with all applicable laws and regulations.

Mr. Jianping Kong, Chairman and Chief Executive Officer of the Company, commented, “The Web3.0 and cryptocurrency industry are ever-evolving sectors. As the crypto industry continues to advance rapidly and profoundly, Nano Labs has entered into a new fast lane for long-term development. We remain vigilant in monitoring and continuously adjusting our strategies to align with the trend of crypto-asset strategic reserves, while prudently transforming for the future. I am highly confident in the Company’s long-term growth prospects and have strong faith in its continued development, supported by the dedicated efforts of our management team and employees across the Company. Our past achievements underscore this confidence, and I believe they will continue to be validated in the new market cycle of Web3.0 and cryptocurrency. When appropriate in the future, I may consider further increasing my shareholdings in the Company.”