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27.05.2025
CANG
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Cango Inc. Announces Closing of PRC Business Disposal and Certain Changes to Board of Directors and Senior Management
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SHANGHAI, May 27, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it has completed the previously announced disposal of all of its business in the PRC (the "PRC Business"). The Company announced on April 3, 2025 that it entered into definitive agreements to sell its PRC Business to Ursalpha Digital Lim...
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19.05.2025
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Cango Inc. Reports Q1 2025 Bitcoin Mining Revenue Meets Apollo Insights' Expectations, Firm Highlights Solid Operational Metrics and Growth Potential
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SHANGHAI, May 19, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, today announced the release of Apollo Insights' first quarter review of the Company's performance, which highlighted that Cango's Q1 2025 Bitcoin mining revenue was in line with their expectations and noted the...
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19.05.2025
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Cango Inc. Reports Q1 2025 Bitcoin Mining Revenue Meets Apollo Insights' Expectations, Firm Highlights Solid Operational Metrics and Growth Potential
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SHANGHAI, May 19, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, today announced the release of Apollo Insights' first quarter review of the Company's performance, which highlighted that Cango's Q1 2025 Bitcoin mining revenue was in line with their expectations and noted the...
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20.10.2025
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19.05.2025
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Cango Inc. Reports Q1 2025 Bitcoin Mining Revenue Meets Apollo Insights' Expectations, Firm Highlights Solid Operational Metrics and Growth Potential
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SHANGHAI, May 19, 2025 /CNW/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, today announced the release of Apollo Insights' first quarter review of the Company's performance, which highlighted that Cango's Q1 2025 Bitcoin mining revenue was in line with their expectations and noted the Company...
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19.05.2025
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Cango Inc. Reports Q1 2025 Bitcoin Mining Revenue Meets Apollo Insights' Expectations, Firm Highlights Solid Operational Metrics and Growth Potential
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SHANGHAI, May 19, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, today announced the release of Apollo Insights' first quarter review of the Company's performance, which highlighted that Cango's Q1 2025 Bitcoin mining revenue was in line with their expectations and noted the...
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16.05.2025
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Cango Inc. Announces Results of Extraordinary General Meeting
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SHANGHAI, May 16, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that all resolutions presented to the shareholders at its extraordinary general meeting held on May 16, 2025 (the "Extraordinary General Meeting") were duly passed. Each was approved by no less than 99.3% of the total votes cast, and no less...
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14.05.2025
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Cango Inc. Reports First Quarter 2025 Unaudited Financial Results
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SHANGHAI, May 14, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its unaudited financial results for the first quarter of 2025.
First Quarter 2025 Financial and Operational Highlights
Total revenues were RMB1.1 billion (US$145.2 million), a significant increase from RMB64.4 million in the same period of 2...
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09.05.2025
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Cango Inc. to Report First Quarter 2025 Financial Results on May 14, 2025 Eastern Time
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SHANGHAI, May 9, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it plans to release its first quarter 2025 financial results after the market closes on Wednesday, May 14, 2025. The earnings release will be available on the Company's investor relations website at http://ir.cangoonline.com....
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07.05.2025
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Cango Inc. Maintains Strong Mining Efficiency and Expands Bitcoin Holdings Amidst April Production Shift
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SHANGHAI, May 7, 2025 /CNW/ -- Cango Inc. (NYSE: CANG), a leading bitcoin mining company, recently released its April 2025 production update for its crypto mining operations.
In April 2025, Cango mined a total of 470.0 Bitcoins, an...
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07.05.2025
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Cango Inc. Maintains Strong Mining Efficiency and Expands Bitcoin Holdings Amidst April Production Shift
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SHANGHAI, May 7, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a leading bitcoin mining company, recently released its April 2025 production update for its crypto mining operations.
In April 2025, Cango mined a total of 470.0 Bitco...
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07.05.2025
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Cango Inc. Maintains Strong Mining Efficiency and Expands Bitcoin Holdings Amidst April Production Shift
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SHANGHAI, May 7, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a leading bitcoin mining company, recently released its April 2025 production update for its crypto mining operations.
In April 2025, Cango mined a total of 470.0 Bitco...
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07.05.2025
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Cango Inc. Maintains Strong Mining Efficiency and Expands Bitcoin Holdings Amidst April Production Shift
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SHANGHAI, May 7, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a leading bitcoin mining company, recently released its April 2025 production update for its crypto mining operations.
In April 2025, Cango mined a total of 470.0 Bitcoins, an 11.3% decrease compared to 530.1 Bitcoins mined in March 2025. The average daily Bitcoin production was 15.7...
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06.05.2025
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Cango Inc. Announces April 2025 Production Update for Crypto Mining Business
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SHANGHAI, May 6, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its production update for crypto mining business in April 2025.
Bitcoin Mining Update for April 2025
Metrics
Apr 2025 1
Mar 20...
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29.04.2025
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Cango Inc. Gains Positive Outlook with Initiation of Coverage by Apollo Insights
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SHANGHAI, April 29, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced the initiation of coverage by Apollo Insights, an independent equity research firm....
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29.04.2025
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Cango Inc. Gains Positive Outlook with Initiation of Coverage by Apollo Insights
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SHANGHAI, April 29, 2025 /CNW/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced the initiation of coverage by Apollo Insights, an independent equity research firm.
Apoll...
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29.04.2025
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Cango Inc. Gains Positive Outlook with Initiation of Coverage by Apollo Insights
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SHANGHAI, April 29, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced the initiation of coverage by Apollo Insights, an independent equity research firm.
Apollo Insights initiated coverage on Cango on April 22, 2025, following the release of its equity research report...
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29.04.2025
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Cango Inc. Gains Positive Outlook with Initiation of Coverage by Apollo Insights
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SHANGHAI, April 29, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced the initiation of coverage by Apollo Insights, an independent equity research firm....
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07.04.2025
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Cango Inc. Achieves 12% Growth in Bitcoin Production for March 2025
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SHANGHAI, April 7, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced its production update for its crypto mining business for March 2025, highlighting significant growth in Bitcoin production.
In March 2025, Cango produced a total of 530.1 Bitcoins, representing a 12%...
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07.04.2025
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Cango Inc. Achieves 12% Growth in Bitcoin Production for March 2025
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SHANGHAI, April 7, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced its production update for its crypto mining business for March 2025, highlighting significant growth in Bitcoin production.
In March 2025, Cango produced a total of 530.1 Bitcoins, representing a 12%...
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07.04.2025
CANG
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Cango Inc. Achieves 12% Growth in Bitcoin Production for March 2025
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SHANGHAI, April 7, 2025 /CNW/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced its production update for its crypto mining business for March 2025, highlighting significant growth in Bitcoin production.
In March 2025, Cango produced a total of 530.1 Bitcoins, representing a 12% increa...
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07.04.2025
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Cango Inc. Achieves 12% Growth in Bitcoin Production for March 2025
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SHANGHAI, April 7, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced its production update for its crypto mining business for March 2025, highlighting significant growth in Bitcoin production.
In March 2025, Cango produced a total of 530.1 Bitcoins, representing a 12%...
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03.04.2025
CANG
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Cango Inc. Announces Definitive Agreements to Dispose PRC Business
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SHANGHAI, April 3, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it has entered into definitive agreements to sell its existing business in the PRC (the "PRC Business") to Ursalpha Digital Limited, a company incorporated under the laws of British Virgin Islands (the "Purchaser"), for a total consider...
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01.04.2025
CANG
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Cango Inc. Announces March 2025 Production Update for Crypto Mining Business
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SHANGHAI, April 1, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its production update for crypto mining business in March 2025.
Bitcoin Mining Update for March 2025
Metrics
Mar 2025 1
Feb 2025 1
Number of Bitcoins produced
530.1
472.7
Average number of Bitcoins produced per day
17.1
16.9
Total number of...
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27.03.2025
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Cango Inc. Presents Key Highlights of Its Filed Annual Report
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SHANGHAI, March 27, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a rapidly expanding leader in Bitcoin mining, today announced key highlights from its filed annual report, marked by a successful pivot towards cryptocurrency mining and significant operational milestones, including securing its position as the third-largest publicly traded miner g...
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27.03.2025
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Cango Inc. Presents Key Highlights of Its Filed Annual Report
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SHANGHAI, March 27, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a rapidly expanding leader in Bitcoin mining, today announced key highlights from its filed annual report, marked by a successful pivot towards cryptocurrency mining and significant operational milestones, including securing its position as the third-largest publicly traded miner g...
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27.03.2025
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Cango Inc. Presents Key Highlights of Its Filed Annual Report
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SHANGHAI, March 27, 2025 /CNW/ -- Cango Inc. (NYSE: CANG), a rapidly expanding leader in Bitcoin mining, today announced key highlights from its filed annual report, marked by a successful pivot towards cryptocurrency mining and significant operational milestones, including securing its position as the third-largest publicly traded miner globally...
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27.03.2025
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Cango Inc. Presents Key Highlights of Its Filed Annual Report
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SHANGHAI, March 27, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a rapidly expanding leader in Bitcoin mining, today announced key highlights from its filed annual report, marked by a successful pivot towards cryptocurrency mining and significant operational milestones, including securing its position as the third-largest publicly traded miner g...
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27.03.2025
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Cango Inc. Filed Its Annual Report on Form 20-F
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SHANGHAI, March 27, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on March 27, 2025, U.S. Eastern Time.
The annual report can be accessed on the Company's inves...
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26.03.2025
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Cango Inc. Announces Extension of Deadline to Close Share-Settled Crypto Mining Assets Acquisitions
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SHANGHAI, March 26, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced an extension of the deadline to close its proposed acquisitions of on-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second ("EH") through issuance of Class A ordinary shares of the Company to the sellers (the "Sha...
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18.03.2025
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Cango Inc. Joins Bitwise Bitcoin Standard Corporations ETF
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SHANGHAI, March 18, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exc...
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18.03.2025
CANG
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Cango Inc. Joins Bitwise Bitcoin Standard Corporations ETF
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SHANGHAI, March 18, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exc...
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18.03.2025
CANG
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Cango Inc. Joins Bitwise Bitcoin Standard Corporations ETF
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SHANGHAI, March 18, 2025 /CNW/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exchange-t...
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18.03.2025
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Cango Inc. Joins Bitwise Bitcoin Standard Corporations ETF
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SHANGHAI, March 18, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exc...
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17.03.2025
CANG
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Cango Inc. Joins Bitwise Bitcoin Standard Corporations ETF
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SHANGHAI, March 17, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exc...
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14.03.2025
CANG
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Cango Inc. Announces Receipt of a Preliminary Non-Binding Letter of Intent and Formation of Special Committee
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SHANGHAI, March 14, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that its Board of Directors (the "Board") recently received a preliminary non-binding letter of intent (the "Letter of Intent") from Enduring Wealth Capital Limited, a company established in the British Virgin Islands ("EWCL") expressing it...
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13.03.2025
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Cango Inc. Announces Up to US$30 Million New Share Repurchase Program
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SHANGHAI, March 13, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin mining company with an automotive transaction service in China, today announced that its board of directors has authorized a new share repurchase program (the "New Share Repurchase Program") under which the Company may repurchase up to U...
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06.03.2025
CANG
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Cango Inc. Reports Fourth Quarter and Full Year 2024 Unaudited Financial Results
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SHANGHAI, March 6, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin mining company with an automotive transaction service in China, today announced its unaudited financial results for the fourth quarter and full year of 2024.
Fourth Quarter 2024 Financial and Operational Highlights
Total revenues were RM...
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03.03.2025
CANG
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Cango Inc. Announces February 2025 Production Update for Crypto Mining Business
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SHANGHAI, March 3, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its production update for crypto mining business in February 2025.
Bitcoin Mining Update for February 2025
Metrics
Feb 2025 1
Jan 2025 1
Number of Bitcoins produced
472.7
538.2
Av...
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28.02.2025
CANG
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Cango Inc. to Report Fourth Quarter and Full Year 2024 Financial Results on March 6, 2025 Eastern Time
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SHANGHAI, Feb. 28, 2025 /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 fourth quarter and full year 2024 financial results after the market closes on Thursday, March 6, 2025. The earnings release will be available on the C...
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05.02.2025
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Cango Inc. Announces January 2025 Production Update for Crypto Mining Business
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SHANGHAI, Feb. 5, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its production update for crypto mining business in January 2025.
Bitcoin Mining Update for January 2025
Metrics
Jan 2025 1
Dec 2024 1
Number of Bitcoins produced
538.2
569.9
Avera...
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02.01.2025
CANG
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Cango Inc. Announces December 2024 Production Update for Crypto Mining Business
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SHANGHAI, Jan. 2, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its production update for crypto mining business in December 2024.
Bitcoin Mining Update for December 2024
Metrics
Dec 2024 1
Nov 2024 1
Number of Bitcoins produced
569.9
363.9
Ave...
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05.12.2024
CANG
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Cango Inc. Announces November 2024 Production Update for Crypto Mining Business
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SHANGHAI, Dec. 5, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its production update for crypto mining business in November 2024.
As previously announced by the Company on November 19, 2024, the Company has completed the acquisition of on-rack...
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18.11.2024
CANG
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Cango Inc. Announces Change of Independent Registered Public Accounting Firm
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SHANGHAI, Nov. 18, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced the appointment of MaloneBailey, LLP ("MaloneBailey") as the Company's independent registered public accounting firm for the year ending December 31, 2024 and on the effectiveness...
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15.11.2024
CANG
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Cango Inc. Completes Cash-Settled Acquisitions of Crypto Mining Assets
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SHANGHAI, Nov. 15, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it has completed the previously announced acquisition of on-rack crypto mining machines with an aggregate hashrate of 32 Exahash per second ("EH") for a total purchase price o...
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06.11.2024
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Cango Inc. Announces Agreements to Acquire Crypto Mining Assets
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SHANGHAI, Nov. 6, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it has entered into agreements to purchase on-rack crypto mining machines with an aggregate hashrate of 50 Exahash per second ("EH") for total considerations valued at approxim...
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04.11.2024
CANG
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Cango Inc. Reports Third Quarter 2024 Unaudited Financial Results
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SHANGHAI, Nov. 4, 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 third quarter of 2024.
Third Quarter 2024 Financial and Operational Highlights
Total revenues were RMB27.0 million (US$3.8 million), compare...
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31.10.2024
CANG
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Cango Inc. to Report Third Quarter 2024 Financial Results on November 4, 2024 Eastern Time
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SHANGHAI, Oct. 31, 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 third quarter 2024 financial results after the market closes on Monday, November 4, 2024. The earnings release will be available on the Company's inves...
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29.08.2024
CANG
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Cango Inc. Reports Second Quarter 2024 Unaudited Financial Results
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SHANGHAI, Aug. 29, 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 second quarter of 2024.
Second Quarter 2024 Financial and Operational Highlights
Total revenues were RMB45.1 million (US$6.2 million), comp...
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23.08.2024
CANG
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Cango Inc. to Report Second Quarter 2024 Financial Results on August 29, 2024 Eastern Time
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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 inv...
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12.06.2024
CANG
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Cango Inc. Reports First Quarter 2024 Unaudited Financial Results
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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), compar...
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07.06.2024
CANG
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Cango Inc. to Report First Quarter 2024 Financial Results on June 12, 2024 Eastern Time
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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 invest...
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26.04.2024
CANG
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NYSE
Cango Inc. Filed Its Annual Report on Form 20-F
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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 Ti...
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23.04.2024
CANG
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NYSE
Cango Inc. Announces Up to US$50 Million New Share Repurchase Program
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SHANGHAI, April 23, 2024 /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 authorized a new share repurchase program (the "New Share Repurchase Program") under which the Company may repurchase up to US$50 million worth of...
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