Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (CANG) Company Bio
Cango Inc. operates an automotive transaction service platform that connects dealers, financial institutions, car buyers, and other industry participants in the People’s Republic of China. It facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; automotive transactions between automotive wholesalers, dealers, and car buyers; and after-market services to car buyers. The company was founded in 2010 and is based in Shanghai, China.
Cango Inc. (CANG) Q2 2020 Earnings Conference Call August 24, 2020 09:00 PM ET Company Participants Jiayuan Lin - Chief Executive Officer Michael Zhang - Chief Financial Officer Conference Call Participants Shelley Wang - Morgan Stanley Presentation Operator Good morning, and good evening, everyone. Welcome to Cango, Inc.'s Second Quarter...
Cango Inc. ("Cango" or the "Company") (NYSE: CANG), a leading automotive transaction service platform in China, today announced the listing of its investee, Li Auto Inc. ("Li Auto"), on the Nasdaq Global Select Market on July 30, 2020. Li Auto is an innovator in China's new energy vehicle market, and its initial public offering is expected to close on August 3, 2020, subject to customary closing conditions. Upon the closing of the offering, Cango will hold 39,194,413 Class A ordinary shares of Li Auto. The listing is expected to enhance the liquidity of Cango's investment in Li Auto.
Cango Inc. ("Cango" or the "Company") (NYSE: CANG), a leading automotive transaction service platform in China, today announced that Ms. Yun Ye has tendered her resignation as a director of the Company for personal reasons. Her resignation was effective as of June 19, 2020. The Company would like to express its gratitude for services provided by Ms. Yun Ye.