8月19日，灿谷(CANG)盘中上涨2.29%，截至00:34，报4.92美元/股，成交59.81万美元，总市值8.96亿美 元。 财务数据显示，截至2025年03月31日，灿谷收入总额10.54亿人民币，同比增长1535.89%；归母净利 润-2.07亿人民币，同比减少330.33%。 本文源自：金融界 作者：行情君 大事提醒： 9月4日，灿谷将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间，实际披 露日期以公司公告为准）。 资料显示，灿谷公司(纽交所:CANG)是中国领先的汽车交易服务平台,连接经销商、金融机构、购车者 和其他行业参与者。该公司由中国汽车金融行业的一批先驱于2010年创立,总部设在上海,通过一个全国 性的经销商网络吸引汽车买家。公司的服务主要包括汽车融资便利化、汽车交易便利化和售后服务便利 化。通过利用其在技术、数据洞察和基于云的基础设施方面的竞争优势,灿谷能够连接其平台参与者,同 时为他们带来优质的用户体验。随着中国汽车和移动市场的不断发展和发展,灿谷的平台模式使其处于 一个独特的位置,为其平台参与者和商业伙伴增加价值。 ...

8月7日，灿谷(CANG)盘中上涨2.11%，截至02:16，报4.83美元/股，成交64.42万美元，总市值8.80亿美 元。 财务数据显示，截至2025年03月31日，灿谷收入总额10.54亿人民币，同比增长1535.89%；归母净利 润-2.07亿人民币，同比减少330.33%。 大事提醒： 9月4日，灿谷将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间，实际披 露日期以公司公告为准）。 资料显示，灿谷公司(纽交所:CANG)是中国领先的汽车交易服务平台,连接经销商、金融机构、购车者 和其他行业参与者。该公司由中国汽车金融行业的一批先驱于2010年创立,总部设在上海,通过一个全国 性的经销商网络吸引汽车买家。公司的服务主要包括汽车融资便利化、汽车交易便利化和售后服务便利 化。通过利用其在技术、数据洞察和基于云的基础设施方面的竞争优势,灿谷能够连接其平台参与者,同 时为他们带来优质的用户体验。随着中国汽车和移动市场的不断发展和发展,灿谷的平台模式使其处于 一个独特的位置,为其平台参与者和商业伙伴增加价值。 本文源自：金融界 作者：行情君 ...

RT CANGO (@Cango_Group)#WeeklyUpdate Cango mined 147.0 #BTC this week, bringing our total bitcoin holdings to 4387.1 BTC.Full #HODL mode + our new leadership team now in place, a new era begins.#CryptoMining #Bitcoin $CANG https://t.co/TmZ1NIoWwY ...

Core Viewpoint - Cango Inc. successfully passed all resolutions at its extraordinary general meeting, enabling significant corporate actions including a secondary share sale and an increase in authorized share capital [1][2]. Group 1: Shareholder Meeting Outcomes - All resolutions presented at the extraordinary general meeting were approved with no less than 99.3% of total votes cast in favor, and at least 81% of non-affiliate shareholders supporting each resolution [1]. - The approved resolutions include the execution of a Securities Purchase Agreement for the secondary sale of 10 million Class B ordinary shares for US$70 million [2]. Group 2: Corporate Actions - The resolutions authorize the repurchase of automatically converted Class A ordinary shares and the issuance of an equivalent number of Class B ordinary shares [2]. - Shareholders also approved an increase in the Company's authorized share capital to support future financing and corporate needs [2]. Group 3: Future Steps - The Company plans to file the Fourth Amended and Restated Memorandum and Articles of Association with the Cayman Islands Registrar following the meeting [3]. - The closing of the secondary sale is anticipated around July 22, 2025, subject to customary closing conditions [3]. Group 4: Company Overview - Cango Inc. is primarily engaged in the Bitcoin mining business, with operations across North America, the Middle East, South America, and East Africa [5]. - The Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology and the growing adoption of digital assets [5]. - Cango also operates an online international used car export business through AutoCango.com, facilitating access to high-quality vehicle inventory from China [5].

Core Insights - Cango Inc. reported a decrease in Bitcoin production in June 2025, producing 450 Bitcoins compared to 484.5 in May 2025, reflecting a decline of approximately 7.2% [2] - The total number of Bitcoins held by the company increased to 3,879.2 from 3,429.3, indicating a growth of about 13.1% [2] - Cango completed the acquisition of crypto mining machines with an aggregate hashrate of 18 Exahash per second, raising its total hashrate to 50 EH/s [2] Production Metrics - The average number of Bitcoins produced per day decreased to 15.00 in June from 15.63 in May [2] - The deployed hashrate remained stable at 32 EH/s, while the average operating hashrate slightly increased to 29.92 EH/s from 29.86 EH/s [2] Company Overview - Cango Inc. is primarily focused on Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa [3] - The company entered the crypto asset space in November 2024, motivated by advancements in blockchain technology and the growing adoption of digital assets [3] - In addition to its crypto mining operations, Cango also runs an online international used car export business through AutoCango.com [3]

Core Viewpoint - Cango Inc. has successfully completed the acquisition of on-rack crypto mining machines with a total hashrate of 18 Exahash per second, issuing 146,670,925 Class A ordinary shares to the sellers as part of the Share-Settled Transactions [1][2]. Group 1: Acquisition Details - The On-Rack Sales and Purchase Agreement for the Share-Settled Transactions was signed on November 6, 2024, with several amendments made leading up to the closing on June 27, 2025 [2]. - All closing conditions for the Share-Settled Transactions were satisfied or waived, including the NYSE's authorization for the supplemental listing application regarding the Class A ordinary shares [2]. Group 2: Ownership Structure - Following the completion of the Share-Settled Transactions, Golden TechGen Limited, the largest seller, now owns approximately 19.85% of Cango's total outstanding shares, while all sellers collectively own about 41.38% of the total outstanding shares before any Bonus Shares or Adjustment Shares are issued [3]. Group 3: Operational Aspects - The acquired mining machines are currently operational and located in data centers across several countries, predominantly in the U.S. Cango will continue to host these machines and has engaged a service provider for operational and maintenance services [4]. - The completion of these transactions is expected to bolster Cango's expansion and growth within the crypto asset sector [4]. Group 4: Company Overview - Cango Inc. is primarily focused on Bitcoin mining, with operations strategically located in North America, the Middle East, South America, and East Africa. The company entered the crypto asset space in November 2024, motivated by advancements in blockchain technology and the increasing adoption of digital assets [5].

Core Viewpoint - Cango Inc. has entered into the fourth amendment of its Purchase Agreement for acquiring on-rack crypto mining machines, which will be settled through the issuance of Class A ordinary shares to the sellers, with a total hashrate of 18 Exahash per second [1][2]. Group 1: Purchase Agreement Details - The Purchase Agreement was initially signed on November 6, 2024, with subsequent amendments on March 26, April 3, and June 4, 2025 [2]. - The Fourth Amendment modifies the hashrate distribution among sellers, including Golden TechGen Limited, Fortune Peak Limited, and Silver Crest Limited, and adjusts the corresponding Class A ordinary shares to be issued [2]. - Upon closing, Golden TechGen Limited is expected to own approximately 19.85% of Cango's total outstanding shares [2]. Group 2: Closing Conditions - The closing of the Share-Settled Transactions is contingent upon certain conditions that must be satisfied or waived, and the company is actively working towards meeting these conditions [3]. Group 3: Company Overview - Cango Inc. is primarily engaged in Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa, having entered the crypto asset space in November 2024 [4]. - The company also operates an online international used car export business through AutoCango.com, facilitating access to high-quality vehicle inventory from China [4].

Group 1 - Cango (NYSE: CANG) has experienced significant changes in the past 1-2 years, particularly in its entry into the crypto mining business late last year [1] - The company has intensified its focus on Bitcoin mining, indicating a bold strategic move in the cryptocurrency sector [1]

HONG KONG, June 10, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly-expanding leader in Bitcoin mining, today provided an update on its comprehensive strategic transformation, marked by a series of recently completed transactions and finalized agreements that have repositioned the Company as a well-capitalized leader in the global Bitcoin mining sector.Key Transformation Initiatives and Timeline: May 27, 2025: Cango divested all PRC-based operations and announced changes t ...

Core Viewpoint - Cango Inc. has undergone a significant transformation from a Chinese car trader to a global bitcoin miner, with a new shareholding structure that diminishes the control of its co-founders and introduces new stakeholders with expertise in finance and cryptocurrency [2][3][4]. Shareholding Structure - The new shareholding structure indicates that Cango will be controlled by two asset managers linked to Singapore's Antalpha Ventures, with co-founders Zhang Xiaojun and Lin Jiayuan's voting rights dropping to 18.54% from 92.5% [2][9]. - Enduring Wealth Capital Ltd. will hold 2.82% of Cango's shares but will control 36.74% of the voting rights, while Golden GenTech will hold 18.79% of the shares and 12.23% of the voting power [7][9]. Management Changes - The management of Cango will now be led by Andrea Dal Mas and Yu Peng from Enduring Wealth, who are expected to have significant influence over the company's strategic direction [10]. - The new board has seen the departure of four out of seven members, with the co-founders remaining alongside two new directors with strong financial backgrounds [15][16]. Business Transformation - Cango's pivot to bitcoin mining was disclosed last November, with an initial investment of $256 million for mining machines with 32 EH of capacity, and plans to acquire an additional 18 EH from Golden GenTech [13]. - The acquisition of the additional mining capacity is contingent on a deal expected to close by the end of July, which would bring Cango's total mining capacity to 50 EH [6][13]. Historical Context - Cango was originally founded as a car financier and later transitioned to auto trading services, but faced challenges due to regulatory changes in China and a slowdown in the car market [12]. - The company sold its original China business for $352 million, which included its car-trading operations, allowing it to focus on its new direction in bitcoin mining [14].