Core Viewpoint - Cango Inc. is expanding its capital base through a significant investment from Enduring Wealth Capital Limited, which will enhance its voting power and ownership structure in the company [1][2][3]. Investment Details - Enduring Wealth Capital Limited will subscribe for 7,000,000 Class B ordinary shares at a total price of US$10,500,000, translating to a per-share price of US$1.5 [2]. - Following this investment, EWCL's shareholding will increase from approximately 2.81% to 4.69% of total outstanding shares, while its voting power will rise from 36.68% to 49.61% [3]. Closing Conditions - The completion of the investment is subject to customary closing conditions, including approval from the New York Stock Exchange, with an expected closing date in January 2026 [4]. Company Overview - Cango Inc. is a Bitcoin mining company aiming to create an integrated global infrastructure platform to support the digital economy, operating over 40 sites across various regions [5]. - Since entering the digital asset space in November 2024, Cango has initiated pilot projects in integrated energy solutions and distributed AI computing, alongside its online used car export business [6].