On December 5, 2024, HashKey Group announced a strategic partnership with Nano Labs Ltd (NASDAQ: NA, hereinafter referred to as Nano Labs). According to the agreement, a subsidiary of Nano Labs will open trading accounts on HashKey Exchange and plans to invest in virtual assets to expand its investment portfolio in the digital currency field. The cooperation between the two parties is not limited to digital asset trading, but is also expected to involve in-depth collaboration in several areas such as Web3 technology development and blockchain ecosystem construction, jointly promoting innovation and development in the Web3 industry.

HashKey Exchange, under HashKey Group, as Hong Kong's largest licensed virtual asset trading platform, will provide Nano Labs with secure and professional trading services, ensuring the compliance of its investment activities and offering diverse investment options. This move marks Nano Labs' further expansion in the virtual asset field, having previously announced plans to purchase and hold $50 million worth of Bitcoin. Nano Labs, as a company providing foundry-free integrated circuit (IC) and product solutions, covers high throughput computing (HTC) chips, high-performance computing (HPC) chips, distributed computing and storage solutions, as well as the development of 3D printing businesses.

Terence Pu, Managing Director of HashKey Exchange, stated: "We are very pleased to reach a strategic partnership with Nano Labs. Nano Labs has rich experience in technology research and development and market expansion, along with a broad user base. This cooperation will not only bring higher quality virtual asset trading and investment opportunities to users on both sides but will also accelerate the development of the Web3 industry."

Kong Jianping, Director of Hong Kong Cyberport Management Company and Chairman of Nano Labs, stated: "Against the backdrop of growing market trends, favorable policies, and increasing institutional adoption rates, Bitcoin is playing an increasingly critical role in the digital asset ecosystem. The collaboration with HashKey Exchange will help Nano Labs further expand its virtual asset business, seize the development opportunities in the digital asset field, and create greater value for shareholders."