William Chan

William Chan from B. Riley Securities asked about the total addressable market (TAM) in megawatt terms for Canaan's heat recovery proof-of-concept in Canada, its scalability, and future energy efficiency initiatives.

Answer

Chairman and CEO Nangeng Zhang clarified that individual projects typically range from a few to several tens of megawatts, cautioning against overly optimistic TAM calculations due to the fragmented business model. He emphasized a steady pace, focusing on data standardization, productization, and replication for future expansion.

William Chan inquired about the total addressable market (TAM) for Canaan's heat recovery proof-of-concept projects in megawatt terms, their scalability, and future energy efficiency initiatives.

Answer

Nangeng Zhang, Chairman and CEO, clarified that while the core value is transforming waste heat into computing power, these opportunities are scenario-dependent. Individual projects typically range from a few to several tens of megawatts, and the business model is fragmented, requiring steady progress. He outlined three key focus areas: data and methodology standardization, productization and modularity, and replication and expansion.