 BEIJING, Sept. 20, 2021 PRNewswire -- Canaan Inc. NASDAQ: CAN Canaan or the Company, a leading high-performance computing solutions provider, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US20 million worth of its outstanding i American depositary shares ADSs, each representing 15 Class A ordinary shares, andor ii Class A ordinary shares over the next 12 months starting from September 20, 2021. 