• Nano Labs posted net income of RMB 125.9 million (US$ 17.9 million) for fiscal year 2025, swinging from a loss a year earlier.
• Revenue fell 33.5% to RMB 27 million (US$ 3.8 million), driven by lower F Series sales and reduced technical services.
• Operating income reached RMB 71.4 million (US$ 10.2 million), helped by a RMB 178.6 million (US$ 25.4 million) gain from changes in fair value of cryptocurrencies.
• Cash and cash equivalents slid to RMB 8.5 million (US$ 1.2 million) at year-end from RMB 32.4 million, while net cash used in operating activities improved to RMB 108.3 million (US$ 15.4 million).
• Nano Labs said existing cash and anticipated operating cash flows should cover general corporate needs for the next 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nano Labs Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-042816), on April 13, 2026, and is solely responsible for the information contained therein.