Cango, Inc. Sponsored ADR Stock News

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 Company's solid operational metrics and potentia...

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 than 80% of the votes cast by non-affiliate shar...

Cango Inc. (NYSE:CANG ) Q1 2025 Results Conference Call May 14, 2025 9:00 PM ET Company Participants Jiayuan Lin - Founder and Chief Executive Officer Yongyi Zhang - Chief Financial Officer Conference Call Participants Emerson Zhao - Goldman Sachs Michael Donovan - H.C. Wainwright Operator Good morning and evening, everyone.

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 2024.

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.

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.

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 2025 1 Number of Bitcoins produced 470.0 530.1 Average number of Bitcoins produced per day 15.7 17.1 Total number of Bitcoins held 2 2,944.8 2,474.8 Total number of Bi...

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 and investment thesis titled "Cango Catapults In...