Price$1.68-0.16 (-8.45%)
02:15 PM07:45 PM
News · 26 weeks43+33%
2026-02-012026-07-26
Mix1290d
- Other5(42%)
- SEC Filings5(42%)
- Earnings2(17%)
Latest news
25 items- SECSEC Form 6-K filed by Cango Inc.6-K - Cango Inc. (0001725123) (Filer)
- PRCango Inc. Announces Effectiveness of 10-for-1 Share ConsolidationDALLAS, July 21, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company") today announced that the share consolidation of its authorized, issued and outstanding Class A ordinary shares and Class B ordinary shares on a 10-for-1 ratio became effective at 5:00 P.M. U.S. Eastern Time on July 20, 2026. The Company expects its Class A ordinary shares to begin trading on the New York Stock Exchange on a post-share consolidation basis at the opening of trading on July 21, 2026, under the Company's existing ticker symbol "CANG" and a new CUSIP number of G1820C 110.The Compa
- SECSEC Form 6-K filed by Cango Inc.6-K - Cango Inc. (0001725123) (Filer)
- PRCango Inc. Announces Effective Date and Ratio for Share ConsolidationDALLAS, July 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company") today announced that, pursuant to the authorization granted by the Company's shareholders at the extraordinary general meeting held on June 24, 2026, its board of directors has determined the effective date and share consolidation ratio for its previously approved share consolidation. The Company will effect the consolidation of its authorized, issued and outstanding Class A ordinary shares and Class B ordinary shares on a 10-for-1 ratio, whereby every ten shares will be consolidated into one
- SECSEC Form 6-K filed by Cango Inc.6-K - Cango Inc. (0001725123) (Filer)
- PRCango Inc. Announces Results of Extraordinary General MeetingDALLAS, June 24, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company") today announced the results of its extraordinary general meeting of shareholders ("EGM") held on June 24, 2026. At the EGM, the Company's shareholders approved the following resolutions:An ordinary resolution that the authorized share capital of the Company, comprising both issued and unissued Class A ordinary shares of a par value of US$0.0001 each (the "Class A Ordinary Shares") and Class B ordinary shares of a par value of US$0.0001 each (the "Class B Ordinary Shares", and together with th
- PRCango Inc. Announces May 2026 Operational and Fleet Optimization UpdateDALLAS, June 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its operational update for May 2026. As of May 31, 2026, Cango's total operational hashrate was 31.67 EH/s. The structural composition of the Company's hashrate, alongside its monthly Bitcoin production and treasury holdings, are presented in the tables below: Table 1: Operational Hashrate Composition (as of May 31, 2026):CategoryHashrate (EH/s)Self-Mining23.32Ha
- SECSEC Form 6-K filed by Cango Inc.6-K - Cango Inc. (0001725123) (Filer)
- PRCango Inc. Reports First Quarter 2026 Unaudited Financial ResultsDALLAS, May 31, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter of 2026 Financial and Operational HighlightsFinancial Performance: In the first quarter of 2026, the Company generated total revenue of US$102.0 million, primarily driven by US$98.4 million from its Bitcoin mining business. The Company reported a net loss of US$261.1 million,
- PRCango Inc. to Report First Quarter 2026 Financial Results on May 31, 2026, Eastern TimeDALLAS, May 28, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2026 on Sunday, May 31, 2026. 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 Sunday, May 31, 2026, at 9:00 P.M. Eastern Time or Monday, June 1, 2026, at 9:0
- SECSEC Form 6-K filed by Cango Inc.6-K - Cango Inc. (0001725123) (Filer)
- PRCango Inc. Announces April 2026 Operational and Fleet Optimization Update; Continuing Strategic Fleet Modernization and Enhancing Production EfficiencyDALLAS, May 8, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its operational update for April 2026. The Company continues to prioritize margin and cost-efficiency over scale. This strategic focus includes the ongoing refinement of its mining fleet, selective hardware upgrades, and the decommissioning of legacy equipment in higher-cost regions to ensure sustainable growth.Operational Strategy: Targeted Efficiency and Asset Opt
- SECSEC Form 6-K filed by Cango Inc.6-K - Cango Inc. (0001725123) (Filer)
- PRCango Inc. Announces New CFO and Change of DirectorDALLAS, April 22, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company") today announced that Mr. Simon Ming Yeung Tang, who most recently served as the chief investment officer of the Company, has been appointed as a director and the chief financial officer of the Company, effective as of April 22, 2026. Mr. Chang-Wei Chiu and Mr. Yongyi Zhang resigned from their respective positions as director and chief financial officer of the Company, effective as of April 22, 2026, for personal reasons. Mr. Paul Yu, chief executive officer of the Company said, "On behalf of
- PRCango's HPC and AI Inference Subsidiary, EcoHash, Begins Commercial OperationsDALLAS, April 13, 2026 /CNW/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced the launch of the official digital portal for its subsidiary, EcoHash Technology LLC ('EcoHash' or the 'Subsidiary'). Accessible at www.ecohash.com, this platform serves as the primary interface for EcoHash's high-performance computing (HPC) and AI inference operations. The site is designed to streamline strategic engagement with two key audiences: AI developers seeking low-latency, near-source compute, and energy-intensive compute operators pursuing modular pathways to infrastructu
- PRCango Inc. Filed Its Annual Report on Form 20-FDALLAS, April 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the "SEC") on April 10, 2026, 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 provide a hard copy of
- SECSEC Form 20-F filed by Cango Inc.20-F - Cango Inc. (0001725123) (Filer)
- PRCango Inc. Announces March 2026 Operational Update; Strategically Optimizing Mining Fleet and Improving Production EconomicsDALLAS, April 8, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its operational update for March 2026. The Company is strategically optimizing its mining operations to prioritize cash margin over scale. This includes refining its mining fleet, decommissioning inefficient miners, deploying alternative models such as hashrate leasing in regions with high hosting fees, and migrating capacity to lower-cost power regions. These ini
- SECSEC Form 6-K filed by Cango Inc.6-K - Cango Inc. (0001725123) (Filer)
- SECSEC Form 6-K filed by Cango Inc.6-K - Cango Inc. (0001725123) (Filer)
- PRCango Inc. Completes US$65 Million Strategic Investment and Secures US$10 Million Convertible Note Financing to Strengthen Financial Position and Drive AI and Energy ExpansionDALLAS, April 1, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced two significant capital transactions: the closing of a US$65.0 million strategic investment from members of Company leadership, and the execution of a US$10.0 million convertible note financing agreement with DL Holdings Group Limited (HKEX: 1709) ("DL Holdings"), a Hong Kong-listed financial services group. The Company and DL Holdings have also entered into a memorandum of understanding ("MOU") establishing a forward-looking strategic cooperation framework.
- PRCango Inc. Receives Notice Regarding NYSE Continued Listing StandardDALLAS, April 1, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated March 10, 2026, notifying the Company that it is not in compliance with the NYSE's price criteria for continued listing standard because, as of March 9, 2026, the average closing price of the Company's Class A ordinary shares was less than US$1.00 per share over a consecutive 30 trading-day period. This press release is issued within the 30-day period following receipt of such notice as required
- INSIDERSEC Form 3 filed by new insider Lee Chi Ming3 - Cango Inc. (0001725123) (Issuer)
- INSIDERSEC Form 3 filed by new insider Jin Xin (Moore)3 - Cango Inc. (0001725123) (Issuer)
- INSIDERSEC Form 3 filed by new insider Chiu Chang-Wei3 - Cango Inc. (0001725123) (Issuer)
CANG FAQ
7 questionsWhat does Cango Inc. do?
Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers, as well as software as a service solutions; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; and after-market...Where does CANG stock trade?
Cango Inc. (CANG) is listed on NYSE.What sector and industry is CANG in?
Cango Inc. operates in the Technology sector, Computer Software: Prepackaged Software industry.When did Cango Inc. go public?
Cango Inc. (CANG) completed its IPO in 2025.What are analysts saying about CANG?
Cango Inc. has had 1 recent analyst action on file. The most recent action was from H.C. Wainwright: Buy with a $800.00 price target on 2025-07-23. Recent price targets cluster around $800.00.What companies are similar to CANG?
Notable peers in the same industry include MSFT (Microsoft Corporation), ORCL (Oracle Corporation), SAP (SAP SE), CRWD (CrowdStrike Holdings Inc.), CRM (Salesforce Inc.). Compare CANG side-by-side with any of them on Quantisnow.How can I track CANG on Quantisnow?
Quantisnow aggregates Cango Inc.'s SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow CANG to receive live email and push alerts on every new disclosure.