SHANGHAI, Aug. 23, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its second quarter 2024 financial results after the market closes on Thursday, August 29, 2024. The earnings release will be available on the Company's investor relations website at http://ir.cangoonline.com/.Cango's management will hold a conference call on Thursday, August 29, 2024 at 9:00 P.M. Eastern Time or Frida ...

Exhibit 99.1 Cango Inc. Reports First Quarter 2024 Unaudited Financial Results SHANGHAI, June 12, 2024 /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 first quarter of 2024. First Quarter 2024 Financial and Operational Highlights · Total revenues were RMB64.4 million (US$8.9 million), compared with RMB542.6 million in the same period of 2023. Income from operations was RMB7 ...

Cango Inc. (NYSE:CANG) Q1 2024 Earnings Conference Call June 12, 2024 9:00 AM ET Company Participants Jiayuan Lin - CEO Yongyi Zhang - CFO Conference Call Participants Pingyue Wu - Citic Securities Operator Good morning, and good evening, everyone. Welcome to Cango Inc.'s First Quarter 2024 Earnings Conference Call. [Operator Instructions] This call is also being broadcast live on the company's IR website. Joining us today are Mr. Jiayuan Lin, Chief Executive Officer; and Mr. Yongyi Zhang, Chief Financial O ...

SHANGHAI, June 12, 2024 /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 first quarter of 2024.First Quarter 2024 Financial and Operational HighlightsTotal revenues were RMB64.4 million (US$8.9 million), compared with RMB542.6 million in the same period of 2023. Income from operations was RMB74.2 million (US$10.3 million) for the three months ended March 31, 2024, an increas ...

SHANGHAI, June 7, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its first quarter 2024 financial results after the market closes on Wednesday, June 12, 2024. The earnings release will be available on the Company's investor relations website at http://ir.cangoonline.com/.Cango's management will hold a conference call on Wednesday, June 12, 2024 at 9:00 P.M. Eastern Time or Thursday, ...

SHANGHAI, April 26, 2024 /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, 2023 with the Securities and Exchange Commission (the "SEC") on April 26, 2024, 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 p ...

Table of Contents Title of each classTrade symbolName of each exchange on which registered American Depositary Shares, each representing two Class A ordinary shares CANG New York Stock Exchange Class A Ordinary Shares, par value US$0.0001 per share* N/A New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 ...

Core Viewpoint - Cango Inc. has announced a new share repurchase program allowing for the repurchase of up to US$50 million worth of its outstanding American depositary shares (ADSs) and/or Class A ordinary shares over the next 12 months starting from April 25, 2024 [1] Group 1: Share Repurchase Program - The new share repurchase program will allow Cango to buy back shares on the open market at prevailing prices, through privately negotiated transactions, block trades, or other legal means [2] - The timing and number of shares repurchased will depend on various factors including price, trading volume, market conditions, and Cango's working capital requirements [2] - Cango's board will periodically review the program and may adjust its terms and size, with repurchases funded from existing cash [2] Group 2: Previous Share Repurchase Program - Prior to the new program, Cango had an existing share repurchase program announced on April 21, 2023, which also allowed for the repurchase of up to US$50 million worth of ADSs and/or Class A ordinary shares [3] - Under the existing program, Cango repurchased 30,833,867 ADSs for approximately US$44.6 million up to April 16, 2024 [3] - The existing program will remain in effect until its expiration on April 25, 2024 [3] Group 3: Company Overview - Cango Inc. is a leading automotive transaction service platform in China, connecting car buyers, dealers, financial institutions, and other industry participants [4] - Founded in 2010, Cango leverages technological innovation and big data to create an automotive supply chain ecosystem and a range of products focused on customer needs in auto transactions, financing, and after-market services [4] - The company aims to simplify car purchases and establish itself as the preferred service platform for customers [4]

Cango Inc. (NYSE:CANG) Q4 2023 Earnings Conference Call March 11, 2024 9:00 PM ET Company Participants Jiayuan Lin - CEO Yongyi Zhang - CFO Conference Call Participants Pingyue Wu - Citic Securities Operator Good morning and good evening, everyone. Welcome to Cango Inc.'s Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. This call is also being broadcast live on the company's IR website. Joining us today are Mr. Jiayuan Lin, Chief Executi ...

SHANGHAI, March 11, 2024 /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 2023. Fourth Quarter 2023 Financial and Operational Highlights Total revenues were RMB130.2 million (US$18.3 million), compared with RMB487.1 million in the same period of 2022. The total outstanding balance of financing transactions the Company facilitated was RMB10.0 ...