Canaan Intelligence: Company wins bid for State Grid procurement project. The expected bid amount is about 73,122.1 million yuan.

Canaan Intelligent Announcement: The company is one of the successful candidates recommended by State Grid Corporation of China for the fifty-third batch of procurement in 2025, with a public notice period of 3 days. The company is expected to win a total of 6 contract packages, including A-rated single-phase smart energy meters, B-rated three-phase smart energy meters, C-rated three-phase smart energy meters, and special collection terminals, with a total contract amount of approximately 73.1221 million yuan. This expected contract amount accounts for approximately 7.23% of the company's audited main business income for the year 2024.