*Giving effect of the 2-for-1 reverse stock split effective on January 31, 2024.

Consolidated Statements of Operations and Comprehensive Income (Loss)
(Unaudited)
	For the six months ended December 31,
	2022			2023
	RMB			RMB			US$
Net revenues	603,030,131			26,066,660			3,680,328
Cost of revenues	549,236,760			66,617,485			9,405,662
Gross profit (loss)	53,793,371			(40,550,825	)		(5,725,334	)
Operating expenses:
Selling and marketing expenses	14,266,412			5,830,986			823,272
General and administrative expenses	36,311,852			22,360,766			3,157,096
Research and development expenses	90,159,028			55,648,133			7,856,910
Total operating expenses	140,737,292			83,839,885			11,837,278
Loss from operations	(86,943,921	)		(124,390,710	)		(17,562,612	)
Other expenses (income):
Finance income	(3,771,346	)		(680,536	)		(96,084	)
Interest income	(144,938	)		(153,112	)		(21,618	)
Other income	(2,752,999	)		(3,507,095	)		(495,164	)
Total other income	(6,669,283	)		(4,340,743	)		(612,866	)
Loss before income tax provision	(80,274,638	)		(120,049,967	)		(16,949,746	)
Income tax provision	-			(17,394	)		(2,456	)
Net loss	(80,274,638	)		(120,032,573	)		(16,947,290	)
Less: net loss attributable to noncontrolling interests	-			(1,528,282	)		(215,777	)
Net loss attributable to Nano Labs Ltd	(80,274,638	)		(118,504,291	)		(16,731,513	)
Comprehensive income (loss):
Net loss	(80,274,638	)		(120,032,573	)		(16,947,290	)
Other comprehensive income (loss):
Foreign currency translation adjustment	3,229,764			(1,616,096	)		(228,175	)
Comprehensive Loss	(77,044,874	)		(121,648,669	)		(17,175,465	)
Comprehensive loss attributable to noncontrolling interests	-			(1,528,352	)		(215,787	)
Comprehensive loss attributable to Nano Labs Ltd	(77,044,874	)		(120,120,317	)		(16,959,678	)
Net loss per ordinary share attributable to Nano Labs Ltd
Basic*	(1.47	)		(1.91	)		(0.27	)
Diluted*	(1.47	)		(1.91	)		(0.27	)
Weighted average number of shares used in per share calculation:
Basic*	54,571,995			61,970,664			61,970,664
Diluted*	54,571,995			61,970,664			61,970,664

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