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/PRNewswire/ Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited. ....
Share this article Share this article SHANGHAI, April 27, 2021 /PRNewswire/ Cango Inc. (NYSE: CANG) ( Cango or the Company ), a leading automotive transaction service platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission on April 27, 2021, U.S. Eastern Time. The annual report can be accessed on the Company s investor relations website at ir.cangoonline.com or the SEC s website at www.sec.gov. The Company will also provide a hard copy of its annual report containing its audited consolidated financial statements, free of charge, to its shareholders and American Depositary Share holders upon request. ....
Cango s Subsidiary Forms Strategic Cooperation with Zhengzhou Nissan To Develop a New Retail Model for Automotive Transaction in the Lower-Tier Markets News provided by Share this article Share this article SHANGHAI, April 20, 2021 /PRNewswire/ Cango Inc. (NYSE: CANG) ( Cango or the Company ), a leading automotive transaction service platform in China, today announced its subsidiary Shanghai Cango Network Technology Co., Ltd. ( Cango Network Technology ) has entered into a strategic agreement with Zhengzhou Nissan Auto Sales Service Co., Ltd. ( Zhengzhou Nissan ), to jointly develop a new retail model for automotive transaction in China s lower-tier markets. Min Gu, General Manager of Cango Network Technology, commented, We are honored to have reached this strategic agreement with Zhengzhou Nissan. Leveraging our efficient trading service platform, extensive network and industry expertise in the lower-tier markets, we look forward to collaborating wi ....
Share this article Share this article SHANGHAI, March 11, 2021 /PRNewswire/ Cango Inc. (NYSE: CANG) ( Cango or the Company ), a leading automotive transaction service platform in China, today announced that its Board of Directors has approved and declared a special cash dividend of US$1.00 per American depositary share (or US$0.50 per ordinary share) on its outstanding shares, to be paid on April 8, 2021 (Eastern Time) to shareholders of record as of the close of trading on March 22, 2021 (Eastern Time). About Cango Inc. Cango Inc. (NYSE: CANG) is a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. Founded in 2010 by a group of pioneers in China s automotive finance industry, the Company is headquartered in Shanghai and engages car buyers through a nationwide dealer network. The Company s services primarily consist of automotive financing facilitation, automotive tr ....
Share this article Share this article SHANGHAI, March 11, 2021 /PRNewswire/ Cango Inc. (NYSE: CANG) ( Cango or the Company ), a leading automotive transaction service platform in China, today announced its unaudited financial results for the fourth quarter and full year of 2020. Fourth Quarter 2020 Financial and Operational Highlights Total revenues were RMB1,097.4 million (US$168.2 million), a 150.2% increase from RMB438.5 million in the same period of 2019, outperforming the high end of the Company s guidance by 46.3%. The increase was mainly driven by the increased amounts of both financing transactions the Company facilitated and car trading transactions. Car trading transactions revenues were RMB546.8 million (US$83.8 million), or 49.8% of total revenues in the fourth quarter of 2020. ....