Canaan CFO Resigns Citing 'Personal Reasons'
The company's director of finance will serve as acting CFO.
Feb 9, 2021 at 4:33 p.m. UTCUpdated Aug 19, 2021 at 7:10 a.m. UTC
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Publicly traded mining machine manufacturer Canaan Inc. (CAN) announced the resignation of CFO Quanfu Hong and named Tong He as acting CFO.
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- Hong's resignation was due to "personal reasons," the Beijing-based company said.
- Acting CFO He has served as the company's director of finance since July 2020.
- A date for the Nasdaq-listed company's earnings has not been set yet.
- Shares of Canaan have gained 8% so far in 2021, currently trading around $7.25. Bitcoin rose over 50% in the same period.
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