Canaan Inc. reported unaudited consolidated earnings results for the second quarter ended June 30, 2021. For the quarter, the company reported total net revenues of RMB 1,081,761,000 compared to RMB 178,126,000 a year ago. Income from operations was RMB 165,489,000 compared to loss of RMB 18,903,000 a year ago. Net income was RMB 244,963,000 compared to loss of RMB 16,787,000 a year ago. Basic earnings per share was 9.71 cents compared to loss per share of 0.71 cents a year ago. Diluted earnings per share was 9.34 cents compared to loss per share of 0.71 cents a year ago.