Hong Kong, China – July 3, 2025 (Global Newswire) — Nano Labs Ltd. (Nasdaq: NA) ("we," the "Company," or "Nano Labs"), a leading Web 3.0 infrastructure and product solution provider in China, today announced the successful acquisition of 74,315 Binance Coins (BNB) via an over-the-counter (OTC) transaction. The average purchase price was approximately US$672.45 per BNB, with a total transaction value of around US$50 million.

Following this transaction, the Company’s total holdings in mainstream digital assets—comprising Bitcoin and BNB—have increased to approximately US$160 million. This milestone marks the official launch of Nano Labs' strategic BNB reserve program and underscores the Company’s strong commitment to further increasing its BNB holdings over time.

Nano Labs will continue to evaluate the security and long-term value of BNB comprehensively. In the initial phase, the Company plans to acquire up to US$1 billion worth of BNB through convertible notes and private placements. In the long term, Nano Labs aims to hold between 5% and 10% of BNB’s total circulating supply.