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Cango Inc.

5.20

+0.12002.36%

Post-market: 5.200.00000.00%19:29 EDT

Volume:605.99K

Turnover:3.17M

Market Cap:539.70M

PE:1.61K

High:5.35

Open:5.12

Low:5.06

Close:5.08

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Overview Company News Filings

Cango Inc. Amends Crypto Mining Assets Acquisition Agreement

Asian Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading

MT Newswires Live

BRIEF-Cango Inc - Enters Third Amendment For Crypto Mining Assets Acquisition

Cango Inc - Enters Third Amendment for Crypto Mining Assets Acquisition

THOMSON REUTERS

Cango Inc - to Issue 146,670,925 Class a Ordinary Shares to Sellers

THOMSON REUTERS

Cango Inc. Announces New Shareholder Agreement and Change of Control at GT

Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading

MT Newswires Live

Cango Inc. Finalizes $70 Million Share Sale Agreement with EWCL

BRIEF-Cango Inc - Produces 484.5 Bitcoins In May 2025

Cango Inc - Produces 484.5 Bitcoins in May 2025

THOMSON REUTERS

Asian Equities Traded in the US as American Depositary Receipts Nudge Lower to Open Week in Monday Trading

MT Newswires Live

Cango Inc. Announces Shareholder Agreement with Founders and EWCL for $70 Million Resale Transaction

Cango Inc - to Sell 10 Mln Class B Shares to Ewcl for $70 Mln

THOMSON REUTERS

Cango Inc. Announces Definitive Agreement With Founders and Ewcl

THOMSON REUTERS

Cango Inc. Completes Sale of PRC Business for $351.94 Million, Accelerates Global Bitcoin Mining Focus

Cango Inc. Completes PRC Business Sale, Strengthens Board to Drive Global Bitcoin Focus

THOMSON REUTERS

Cango announces management changes

Cango Inc - Jiayuan Lin Was Appointed as Interim Chief Financial Officer of Company

THOMSON REUTERS

Cango Inc. Announces Closing of PRC Business Disposal and Certain Changes to Board of Directors and Senior Management

THOMSON REUTERS

Press Release: Cango Inc. Announces Closing of PRC Business Disposal and Certain Changes to Board of Directors and Senior Management

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Amends Crypto Mining Assets Acquisition Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2541024807","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541024807?lang=en_us&edition=fundamental","pubTime":"2025-06-05 18:37","pubTimestamp":1749119860,"startTime":"0","endTime":"0","summary":"The latest announcement is out from Cango ( ($CANG) ). On June 4, 2025, Cango Inc. announced a third amendment to its Share-Settled Crypto Mining A...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cango-inc-amends-crypto-mining-assets-acquisition-agreement?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cango-inc-amends-crypto-mining-assets-acquisition-agreement?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4214","BK4600","CANG","BK4122"],"gpt_icon":0},{"id":"2540062936","title":"Asian Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2540062936","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540062936?lang=en_us&edition=fundamental","pubTime":"2025-06-04 22:59","pubTimestamp":1749049154,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were higher on Wednesday morning, up 1.3% to 2,288.61 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by beverage company Chagee  and bitcoin miner Cango , which advanced 5.6% and 5.5%, respectively.They were followed by e-commerce and tech giant Alibaba , which climbed 3.1%.The decliners from North Asia were led by education technology company Ambow Education  and financial technology firm AMTD Digital , which fell 2.9% and 1.9% respectively.From South Asia, the gainers were led by housing finance company HDFC Bank , which rose 1%.The decliners from South Asia were led by consulting and IT services company Infosys , which was shedding 0.4%.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"b05599561d8e1f97e03ae1f0b3a117e1","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["09988","INFY","HKD","LU1854103824.USD","BK4538","LU0310800965.SGD","BK4614","LU2087589342.USD","BK4526","LU1048588211.SGD","CHA","BK4554","LU0287143357.SGD","LU0067412154.USD","HDB","LU0128525689.USD","AFG","LU0862451753.SGD","BK4505","LU1267930656.SGD","CANG","LU0348814723.USD","SG9999014005.SGD","ALBmain","LU0390134368.USD","LU0531971678.HKD","BK4534","LU0348767384.USD","LU0528227936.USD","LU1805238398.USD","BK4535","IE00BFMHRM44.USD","LU1048596156.SGD","AMBO","LU0541502299.USD","LU1880383366.USD","LU0708995666.HKD","LU1152091168.USD","LU1282648689.USD","BK4566","BK4117","BK4575","BK4548","LU0197773673.USD","LU1242518931.SGD","BABA","LU1688375341.USD","LU0651946864.USD","LU1051768304.USD","LU0072462343.USD"],"gpt_icon":1},{"id":"2540052095","title":"BRIEF-Cango Inc - 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Announces New Shareholder Agreement and Change of Control at GT","url":"https://stock-news.laohu8.com/highlight/detail?id=2540205487","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540205487?lang=en_us&edition=fundamental","pubTime":"2025-06-04 18:00","pubTimestamp":1749031234,"startTime":"0","endTime":"0","summary":"HONG KONG, June 4, 2025 - Cango Inc.  has announced a significant update to its shareholder structure with the third amendment to its On-Rack Sales and Purchase Agreement, originally signed on November 6, 2024. The amendment pertains to the acquisition of cryptomining machines, settled through the issuance of Class A ordinary shares. Upon completion, Enduring Wealth Capital Limited will hold approximately 2.82% of Cango's total outstanding shares and 36.74% of the total voting power. Meanwhile, the company's co-founders, Mr. Xiaojun Zhang and Mr. Jiayuan Lin, will collectively hold 18.54% of the shares and 12.07% of the voting power. Additionally, GT will hold 18.79% of shares and 12.23% of voting power. The amendment also involves the issuance of 146,670,925 Class A shares and potentially 97,780,616 bonus shares depending on certain conditions. Following a change in GT's ownership, Mr. Ning Wang will now exercise director nomination and appointment rights.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250604:nNDL4ZkDFT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4600","BK4122","BK4214","CANG"],"gpt_icon":0},{"id":"2540708820","title":"Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2540708820","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540708820?lang=en_us&edition=fundamental","pubTime":"2025-06-03 22:54","pubTimestamp":1748962461,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were slightly lower Tuesday morning, declining 0.1% to 2,252.1 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by tech company Xunlei  and fintech firm Highest Performances , which rose 4.7% and 4.2% respectively. They were followed by automotive marketplace Cango , which increased 3%.The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services  and consumer lending firm Eason Technology , which fell 4.8% and 4.5% respectively. They were followed by video-sharing platform Bilibili  and media company Phoenix New Media , which lost 3.2% and 2.7% respectively.From South Asia, the only gainers were IT firm Sify Technologies  and tech conglomerate Sea , which were up 2% and 0.2% respectively.The decliners from South Asia were led by financial services company ICICI Bank  and IT firm Wipro , which dropped 1.6% each. They were followed by IT company Infosys  and financia","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CANG","LU0536402901.SGD","BK4551","WIT","LU0261945553.USD","LU2279701549.SGD","LU1048596156.SGD","LU0181495838.USD","BK4566","LU0210637038.USD","INFY","MAAS","SG9999005177.SGD","LU2065171311.SGD","LU1242518931.SGD","SIFY","BK4134","BK4585","BK4509","IBN","LU0516422440.USD","IE0034224299.USD","CCM.AU","BK4107","BK4523","LU2265009873.SGD","LU0828237940.HKD","BK4089","SG9999014013.SGD","LU0264410563.USD","BK4117","LU0630378429.USD","LU0499858602.USD","FENG","AFG","LU1366334651.USD","DXF","HDB","LU0390134368.USD","XNET","BK4504","SG9999002679.SGD","SG9999002620.SGD","CCM","LU1267930656.SGD","LU0251143458.SGD","BK4563","LU0431992006.USD"],"gpt_icon":1},{"id":"2540773995","title":"Cango Inc. Finalizes $70 Million Share Sale Agreement with EWCL","url":"https://stock-news.laohu8.com/highlight/detail?id=2540773995","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540773995?lang=en_us&edition=fundamental","pubTime":"2025-06-03 18:32","pubTimestamp":1748946758,"startTime":"0","endTime":"0","summary":"The latest update is out from Cango ( ($CANG) ). On June 2, 2025, Cango Inc. announced a definitive agreement with its co-founders and Enduring Wea...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cango-inc-finalizes-70-million-share-sale-agreement-with-ewcl?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cango-inc-finalizes-70-million-share-sale-agreement-with-ewcl?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4214","BK4122","BK4600","CANG"],"gpt_icon":0},{"id":"2540778878","title":"BRIEF-Cango Inc - Produces 484.5 Bitcoins In May 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2540778878","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540778878?lang=en_us&edition=fundamental","pubTime":"2025-06-03 18:08","pubTimestamp":1748945289,"startTime":"0","endTime":"0","summary":"BRIEF-Cango Inc - Produces 484.5 Bitcoins In May 2025June 3 (Reuters) - Cango Inc CANG.N:CANGO INC - PRODUCES 484.5 BITCOINS IN MAY 2025Source text: ID:nPn6f1BcBaFurther company coverage: CANG.N ((Reuters.Briefs@thomsonreuters.com;))","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250603:nFWN3S50ZC:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CANG","BK4600","BK4214","BK4122"],"gpt_icon":0},{"id":"2540720327","title":"Cango Inc - Produces 484.5 Bitcoins in May 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2540720327","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540720327?lang=en_us&edition=fundamental","pubTime":"2025-06-03 18:00","pubTimestamp":1748944830,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250603:nFWN3S50ZC:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4214","BK4122","BK4600","CANG"],"gpt_icon":0},{"id":"2540382791","title":"Asian Equities Traded in the US as American Depositary Receipts Nudge Lower to Open Week in Monday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2540382791","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540382791?lang=en_us&edition=fundamental","pubTime":"2025-06-02 22:48","pubTimestamp":1748875694,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts opened the week slightly lower Monday morning, declining 0.18% to 2,239.86 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by automotive marketplaces Cango  and financial services company CNFinance , which rose 7% and 6.9% respectively. They were followed by Token Cat  and online education company 51Talk Online Education Group , which were up 5.3% and 2.5% respectively.The decliners from North Asia were led by media company Phoenix New Media  and solar project developer Emeren Group , which fell 5.5% and 3.6% respectively. They were followed by financial services company Shinhan Financial Group  and thin-film liquid display maker LG Display , which dropped 3% and 2.8% respectively.From South Asia, the lone gainer was tech conglomerate Sea , which increased 1.2%.The decliners from South Asia were led by IT firms Infosys  and Wipro , which were down 0.6% and 0.5% respectively. They were followed by pharmac","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1805238398.USD","TC","LU1868838027.USD","SG9999006266.SGD","INFY","LU2177674079.SGD","BK4503","SHG.AU","SOL","RDY.AU","SG9999013486.USD","LU0516423174.USD","AFG","LU0828237940.HKD","LU2008162690.USD","SOL.AU","BK4535","LU0589944569.HKD","LPL","LU0737861269.HKD","CNF","LU0532188223.SGD","SG9999002679.SGD","WIT","LU0231203729.USD","SG9999005177.SGD","LU1048596156.SGD","BK7083","LU1102505762.USD","RDY","IBN","FENG","IE0034224299.USD","LU0164881194.USD","LU0516423091.SGD","LU0536402901.SGD","LU0261945553.USD","LU0791590937.USD","SG9999013460.SGD","BK4523","CANG","LU0251143458.SGD","LU1242518857.USD","LU0210637038.USD","BK4566","SHG","COE","LU0261950470.USD","BK4588"],"gpt_icon":1},{"id":"2540548764","title":"Cango Inc. Announces Shareholder Agreement with Founders and EWCL for $70 Million Resale Transaction","url":"https://stock-news.laohu8.com/highlight/detail?id=2540548764","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540548764?lang=en_us&edition=fundamental","pubTime":"2025-06-02 18:04","pubTimestamp":1748858682,"startTime":"0","endTime":"0","summary":"Cango Inc. has announced a definitive agreement with its co-founders and Enduring Wealth Capital Limited  regarding a significant shareholder transaction. The agreement involves the sale of 10 million Class B ordinary shares by the co-founders to EWCL for $70 million, with $15 million contingent on certain conditions. This move follows a preliminary letter of intent from EWCL and the disposal of Cango's business in China. The deal includes provisions to maintain the voting power of the shares and a restructuring of the board and management. Shareholder approval is required, and the transaction's completion depends on meeting various conditions. If successful, EWCL could hold significant voting power in the company.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, in","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nNDL6drss:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4214","CANG","BK4122","BK4600"],"gpt_icon":0},{"id":"2540764306","title":"Cango Inc - to Sell 10 Mln Class B Shares to Ewcl for $70 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2540764306","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540764306?lang=en_us&edition=fundamental","pubTime":"2025-06-02 18:04","pubTimestamp":1748858670,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nTUA18K3ND:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4122","CANG","BK4214","BK4600"],"gpt_icon":0},{"id":"2540643707","title":"Cango Inc. 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Completes Sale of PRC Business for $351.94 Million, Accelerates Global Bitcoin Mining Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2539256252","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539256252?lang=en_us&edition=fundamental","pubTime":"2025-05-29 18:00","pubTimestamp":1748512841,"startTime":"0","endTime":"0","summary":"Cango Inc. , a rapidly expanding leader in Bitcoin mining, has completed the sale of its PRC Business to Ursalpha Digital Limited for approximately US$351.94 million in cash. This strategic divestment, which concluded on May 27, 2025, allows Cango to fully dedicate its resources to enhancing its global leadership in the Bitcoin mining industry. The company plans to rapidly expand its Bitcoin mining operations across North America, the Middle East, South America, and East Africa. As part of this transformative shift, Cango has also strengthened its Board of Directors with the appointment of two new members, effective May 27, 2025, bringing expertise in Fintech, AI, Web 3.0, and global capital markets.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or le","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nNDL61mHWz:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4214","BK4122","CANG","BK4600"],"gpt_icon":0},{"id":"2539562112","title":"Cango Inc. 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Announces Closing of PRC Business Disposal and Certain Changes to Board of Directors and Senior Management","url":"https://stock-news.laohu8.com/highlight/detail?id=2538242465","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2538242465?lang=en_us&edition=fundamental","pubTime":"2025-05-27 20:00","pubTimestamp":1748347200,"startTime":"0","endTime":"0","summary":"SHANGHAI, May 27, 2025 /PRNewswire/ -- Cango Inc.   today announced that it has completed the previously announced disposal of all of its business in the PRC . The Company announced on April 3, 2025 that it entered into definitive agreements to sell its PRC Business to Ursalpha Digital Limited  for a total consideration of approximately US$351.94 million in cash , and announced on May 16, 2025 that its shareholders approved the PRC Business Disposal. 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