On April 22 (Monday), before the US stock market, Canan Technology rose more than 6% to $0.801.
The Zhitong Finance App learned that before the US stock market on April 22 (Monday), Can.US (CAN.US) rose more than 6% to $0.801. According to the news, Jianan Technology Chairman and CEO Nangeng Zhang and Chief Financial Officer James Jin Cheng have informed the company that they plan to use personal funds to jointly purchase the company's Class A common shares of no less than $2 million. These common shares are represented by American Depositary Shares (“ADSs”). Each ADS represents the company's 15 Class A common shares. The execution of the increase in holdings is subject to the company's internal transaction policies and in line with legal guidelines.