Canaan Technology announced the change of the board of directors. The terms of office of two directors, Kong Jianping and Sun Qifeng, have expired on July 31. The other three independent directors Zhang Hong, Yang Xiaohu and Luo Mei have also expired on August 1. Said that outgoing directors will not continue to stand for election to the board of directors. Canaan Technology announced the appointment of four independent directors to the board of directors, effective from August 1, Zhang Wenjun, Du Hongchao, Shu Zhitang and Zhang Yaping.