Canaan Announces Appointment of KPMG in Singapore as Independent Auditor
PR Newswire•19/10/2026•09:05 ET
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Key Highlights
- ➤Canaan (CAN) appoints KPMG in Singapore as independent auditor effective October 19, 2026
- ➤KPMG in Singapore will audit Canaan’s consolidated financial statements for 2026
- ➤KPMG Huazhen audit reports contained no adverse opinion, disclaimer, qualification, or modification
- ➤Canaan reports no accounting disagreements or reportable events before auditor change
Expert Statements
Nangeng Zhang, Chairman and chief executive officer of Canaan
“As Canaan continues to advance our energy-plus-compute strategy, expand our global operations, and build out our power infrastructure presence in North America, our business is becoming increasingly international and diversified”
Nangeng Zhang, Chairman and chief executive officer of Canaan
“We believe this transition to KPMG in Singapore reflects the continued evolution of our business and organizational footprint.”
Nangeng Zhang, Chairman and chief executive officer of Canaan
“We would like to express our sincere appreciation to KPMG Huazhen for their professional service over the past several years.”
Nangeng Zhang, Chairman and chief executive officer of Canaan
“As we enter the next phase of our development, we remain committed to maintaining high standards of corporate governance, financial transparency, and regulatory compliance, while continuing to strengthen the financial and reporting infrastructure that supports our global operations and long-term growth.”
Canaan Announces Appointment of KPMG in Singapore as Independent Auditor PR Newswire
SINGAPORE, Oct. 19, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that, effective October 19, 2026, the Company engaged KPMG LLP ("KPMG in Singapore") as the independent auditor of the Company, to replace KPMG Huazhen LLP ("KPMG Huazhen").
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