Cango Inc.(CANG),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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CANG Cango Inc.

Trading 05-07 12:49:57 EDT

0.5193

-0.0257

-4.72%

High0.5469	Low0.4948	Vol390.31K
Open0.5469	D1 Closing0.5450	Amplitude9.56%
Mkt Cap213.03M	Tradable Cap97.11M	Total Shares410.22M
T/O202.67K	T/O Rate0.21%	Tradable Shares187.00M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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Announces New CFO And Change Of Director","url":"https://stock-news.laohu8.com/highlight/detail?id=2629701015","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629701015?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:56","pubTimestamp":1776855397,"startTime":"0","endTime":"0","summary":"BRIEF-Cango Inc. Announces New CFO And Change Of DirectorApril 22 (Reuters) - Cango Inc CANG.N:CANGO INC. ANNOUNCES NEW CFO AND CHANGE OF DIRECTORCANGO INC - APPOINTS SIMON MING YEUNG TANG AS DIRECTOR","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:20260422:nTUA1CS0WS:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4214","CANG","BK4600","BK4122"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629012213","title":"Cango Names Simon Ming Yeung Tang Finance Chief","url":"https://stock-news.laohu8.com/highlight/detail?id=2629012213","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629012213?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:21","pubTimestamp":1776853260,"startTime":"0","endTime":"0","summary":"Cango said it appointed Simon Ming Yeung Tang as chief financial officer and director, effective immediately.The bitcoin mining company on Wednesday said that Chang-Wei Chiu and Yongyi Zhang resigned from their respective positions as director and chief financial officer for personal reasons.Tang most recently served as the chief investment officer of the company, Cango said.Zhang served as Cango's CFO from 2018 until early 2025 before returning to that role in July 2025.","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://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4600","BK4122","CANG","BK4214"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629252012","title":"Cango Names Simon Ming Yeung Tang as CFO","url":"https://stock-news.laohu8.com/highlight/detail?id=2629252012","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629252012?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:20","pubTimestamp":1776853243,"startTime":"0","endTime":"0","summary":"Cango (CANG) said Wednesday that Simon Ming Yeung Tang has been appointed as chief financial officer and a director, effective immediately.Tang, who most recently served as chief investment officer, succeeds Yongyi Zhang as CFO and Chang-Wei Chiu as a director, the company said.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CANG","BK4122","BK4214","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629014937","title":"Cango Inc - Appoints Simon Ming Yeung Tang as Director and CFO Effective April 22, 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2629014937","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629014937?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:00","pubTimestamp":1776852001,"startTime":"0","endTime":"0","summary":null,"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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260422:nTUA1CS0WS: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":["BK4214","CANG","BK4122","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629014676","title":"Cango Inc - Chang-Wei Chiu and Yongyi Zhang Resign as Director and CFO Effective April 22, 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2629014676","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629014676?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:00","pubTimestamp":1776852001,"startTime":"0","endTime":"0","summary":null,"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:20260422:nTUA1CS0WS:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CANG","BK4214","BK4122","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629014501","title":"Press Release: Cango Inc. Announces New CFO and Change of Director","url":"https://stock-news.laohu8.com/highlight/detail?id=2629014501","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629014501?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:00","pubTimestamp":1776852000,"startTime":"0","endTime":"0","summary":"DALLAS, April 22, 2026 /PRNewswire/ -- Cango Inc.   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.Since entering the digital asset space in November 2024, Cango has activated pilot projects in both integrated energy solutions and distributed AI computing. In parallel, Cango continues to operate an online international used car export business through AutoCango.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://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CANG","BK4214","BK4122","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2627467004","title":"Cango subsidiary EcoHash launches commercial HPC, AI inference portal","url":"https://stock-news.laohu8.com/highlight/detail?id=2627467004","media":"Reuters","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2627467004?lang=en_us&edition=fundamental","pubTime":"2026-04-14 20:39","pubTimestamp":1776170346,"startTime":"0","endTime":"0","summary":"Cango launched digital portal for subsidiary EcoHash Technology to start commercial high-performance computing and AI inference operations.EcoHash will deploy plug-and-play compute modules tied to its EcoLink orchestration platform to pool distributed capacity with enterprise-grade failover.Cango set aside space at its 50 MW Georgia bitcoin-mining facility to run EcoHash containerized modules as a live demonstration site.EcoHash positioned initiative as diversification of Cango energy-backed infrastructure into AI inference capacity near power sources to cut latency.","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:20260414:nNDLbdYL7c:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4122","CANG","BK4214","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2627439727","title":"Cango subsidiary EcoHash begins commercial operations in HPC, AI inference","url":"https://stock-news.laohu8.com/highlight/detail?id=2627439727","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2627439727?lang=en_us&edition=fundamental","pubTime":"2026-04-13 18:00","pubTimestamp":1776074446,"startTime":"0","endTime":"0","summary":"Cango launched commercial operations for HPC and AI inference unit EcoHash.EcoHash opened a digital portal to serve AI developers seeking low-latency compute.Initiative allocates space at Cango-owned 50MW Georgia mining facility to deploy containerized compute modules.EcoHash plans to use EcoLink orchestration software to pool distributed capacity with automated failover.Strategy targets replication of Georgia model across additional sites to build a distributed AI compute network.","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:20260413:nNDL1lVQn6:1","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":null,"symbols":["BK4600","BK4122","CANG","BK4214"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2626110236","title":"Cango FY25 net loss widens to US$622 million; revenue climbs to US$688.1 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2626110236","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2626110236?lang=en_us&edition=fundamental","pubTime":"2026-04-11 04:08","pubTimestamp":1775851732,"startTime":"0","endTime":"0","summary":"Cango swung to a net loss of US$ 622 million for fiscal 2025 from net income a year earlier.Revenue jumped to US$ 688.1 million from US$ 89.9 million.Operating loss widened to US$ 437.1 million from US$ 5.1 million.Bitcoin mining produced US$ 675.5 million of revenue, while impairment on mining machines reached US$ 338.3 million.Management said deployed hash rate was 50 EH at year-end, with 6,595 Bitcoins mined in 2025; liquidity outlook said cash and operating cash flow, plus additional financing available, should cover needs due within one year.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 legal advice. Cango Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval sys","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:20260410:nNDLc9mypC: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"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2626318681","title":"Cango cuts bitcoin mining cash cost 19.3% to USD 68,216 per coin in March","url":"https://stock-news.laohu8.com/highlight/detail?id=2626318681","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2626318681?lang=en_us&edition=fundamental","pubTime":"2026-04-09 18:52","pubTimestamp":1775731927,"startTime":"0","endTime":"0","summary":"Cango reported March 2026 operational hashrate of 37.01 EH/s, including 27.98 EH/s from self-mining.Hashrate-leasing capacity totaled 9.02 EH/s as focus shifted to cash margins over scale growth.Average cash cost per coin was USD 68,215.83 in March, down 19.3% from USD 84,552 in Q4 2025.Cango sold 2,000 Bitcoin in March to repay Bitcoin-backed loans.Bitcoin-backed loan balance was USD 30.6 million at March 31, 2026; treasury held 1,025 Bitcoin.","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:20260409:nNDL3cCL3Y: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":["BK4600","BK4214","CANG","BK4122"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2625917630","title":"Cango cuts March bitcoin cash cost per coin 19.3% to $68,216","url":"https://stock-news.laohu8.com/highlight/detail?id=2625917630","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2625917630?lang=en_us&edition=fundamental","pubTime":"2026-04-08 18:00","pubTimestamp":1775642438,"startTime":"0","endTime":"0","summary":"Cango reported March 2026 operational hashrate of 37.01 EH/s, including 27.98 EH/s self-mining.Hashrate leasing contributed 9.02 EH/s as Cango shifted toward a lean-production model focused on cash margins.Average cash cost per bitcoin mined fell to USD 68,215.83 in March, down 19.3% from USD 84,552 in Q4 2025.Cango sold 2,000 bitcoins in March, using proceeds to retire bitcoin-backed loans.Bitcoin-backed loan balance totaled USD 30.6 million at March 31, 2026, with treasury holdings of 1,025 bitcoins.","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:20260408:nNDLc1twQR: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":["BK4214","BK4600","BK4122","CANG"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2625917643","title":"Cango Inc: Achieved 19.3% Reduction in Average Cash Cost per Coin in March 2026 VS Q4 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2625917643","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2625917643?lang=en_us&edition=fundamental","pubTime":"2026-04-08 18:00","pubTimestamp":1775642402,"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:20260408:nTUA4CRHSL:3","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":["BK4600","BK4214","CANG","BK4122"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2625917611","title":"Cango Inc - Bitcoin-Backed Loan Balance $30.6 Mln, Treasury 1025.69 Bitcoins as of March 31, 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2625917611","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2625917611?lang=en_us&edition=fundamental","pubTime":"2026-04-08 18:00","pubTimestamp":1775642402,"startTime":"0","endTime":"0","summary":null,"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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260408:nTUA4CRHSL: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":["CANG","BK4122","BK4214","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2625174959","title":"Cango Inc. Announces March 2026 Operational Update; Strategically Optimizing Mining Fleet and Improving Production Economics","url":"https://stock-news.laohu8.com/highlight/detail?id=2625174959","media":"prnewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2625174959?lang=en_us&edition=fundamental","pubTime":"2026-04-08 18:00","pubTimestamp":1775642400,"startTime":"0","endTime":"0","summary":"DALLAS, April 8, 2026 /PRNewswire/ -- Cango Inc. , 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. Cango is strategically optimizing its mining operations to prioritize cash margin over scale. This includes refining the 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.As of March 31, 2026, Cango's total operational hashrate stood at 37.01 EH/s, consisting of core self-mining fleet and hashrate leasing arrangements. This lean-production model prioritizes margin resilience over raw scale.In March, Cango completed a strategic sale of 2,000 Bitcoins, with proceeds used to retire outstanding Bitcoin-backed loans. As of March 31, 2026, Cango's total outstanding Bitcoin-backed loan balance was $30.6 million, with a treasury position of","market":"fut","thumbnail":"https://mma.prnewswire.com/media/2933411/Logo.jpg?w=300","type":0,"news_type":0,"thumbnails":["https://mma.prnewswire.com/media/2933411/Logo.jpg?w=300"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.prnewswire.com/apac/news-releases/cango-inc-announces-march-2026-operational-update-strategically-optimizing-mining-fleet-and-improving-production-economics-302736891.html","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":null,"symbols":["BK4600","BK4122","CANG","BK4214"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624197115","title":"Cango closes US$65 million strategic investment from chairman Xin Jin, director Chiu","url":"https://stock-news.laohu8.com/highlight/detail?id=2624197115","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624197115?lang=en_us&edition=fundamental","pubTime":"2026-04-01 21:31","pubTimestamp":1775050261,"startTime":"0","endTime":"0","summary":"Cango closed a USDT-settled strategic equity investment worth US$65 million from entities owned by board chairman Xin Jin and director Chang-Wei Chiu.Deal issued 49,242,424 Class A ordinary shares, strengthening liquidity for AI and energy expansion.Separately, Cango issued a US$10 million convertible note to DL Holdings.Note can convert into Class A shares from April 1, 2027 at an initial conversion price of US$1.62 per share.Financing also included a warrant for up to 370,370 Class A shares at an exercise price of US$2.7 per share.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 legal advice. Cango Inc. published the original content used to generate this news brief on April 01, 2026, and is solely responsible for the information contained therein.","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:20260401:nNDL6dRFT1:1","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":["BK4122","BK4214","CANG","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624519118","title":"Cango signs strategic cooperation MOU with DL Holdings alongside US$10 million note","url":"https://stock-news.laohu8.com/highlight/detail?id=2624519118","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624519118?lang=en_us&edition=fundamental","pubTime":"2026-04-01 21:22","pubTimestamp":1775049740,"startTime":"0","endTime":"0","summary":"Cango entered a memorandum of understanding with DL Holdings to set a strategic cooperation framework focused on cryptocurrency mining facilities and artificial intelligence.DL Holdings signaled intent to pursue one or more joint strategic investments with Cango totaling up to USD 10 million, subject to due diligence.Cooperation follows a USD 10 million convertible note financing that Cango plans to deploy for potential upstream acquisitions tied to its AI and computing infrastructure expansion.","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:20260401:nNDLbtDNVZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4600","BK4214","CANG","BK4122"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624186519","title":"Press Release: Cango Inc. Completes US$65 Million Strategic Investment and Secures US$10 Million Convertible Note Financing to Strengthen Financial Position and Drive AI and Energy Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2624186519","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624186519?lang=en_us&edition=fundamental","pubTime":"2026-04-01 21:22","pubTimestamp":1775049720,"startTime":"0","endTime":"0","summary":"DALLAS, April 1, 2026 /PRNewswire/ -- Cango Inc.  , 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  , a Hong Kong-listed financial services group. The Company and DL Holdings have also entered into a memorandum of understanding  establishing a forward-looking strategic cooperation framework.In addition, the Company entered into an MOU with DL Holdings, outlining a proposed strategic cooperation framework. Under the MOU, DL Holdings has expressed its intention to make one or more strategic investments along with the Company, with an aggregate potential value of up to US$10 million. The contemplated investments are aimed at supporting the Company's initiatives in cryptocurren","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://dowjonesnews.com/newdjn/logon.aspx?AL=N","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":["01709","CHAT","BK4214","BK4600","BK1138","AIPO","AGIX","CANG","BK4122"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624590143","title":"Cango receives non-compliance letter from NYSE","url":"https://stock-news.laohu8.com/highlight/detail?id=2624590143","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624590143?lang=en_us&edition=fundamental","pubTime":"2026-04-01 19:15","pubTimestamp":1775042100,"startTime":"0","endTime":"0","summary":"Cango (CANG) announced that it has received a letter from the NYSE dated March 10, notifying the Company that it is not in compliance with the NYSE...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/cango-receives-non-compliance-letter-from-nyse-thefly-news?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/the-fly/cango-receives-non-compliance-letter-from-nyse-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["NYSE","CANG","BK4122","BK4214","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624970135","title":"Cango receives NYSE notice after shares trade below $1 average for 30 days","url":"https://stock-news.laohu8.com/highlight/detail?id=2624970135","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624970135?lang=en_us&edition=fundamental","pubTime":"2026-04-01 19:08","pubTimestamp":1775041702,"startTime":"0","endTime":"0","summary":"Cango received NYSE notice dated March 10, 2026, citing non-compliance with continued listing rules tied to share-price thresholds.Six-month cure period applies to regain compliance with minimum price standard.Failure to meet required closing price and 30-day average by end of cure period would trigger suspension and delisting procedures.Cango notified NYSE of intent to cure deficiency while evaluating options to address price weakness.","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:20260401:nNDL6hZYzG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4600","BK4122","CANG","BK4214"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624597701","title":"Cango Inc. Receives Notice Regarding Nyse Continued Listing Standard","url":"https://stock-news.laohu8.com/highlight/detail?id=2624597701","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624597701?lang=en_us&edition=fundamental","pubTime":"2026-04-01 19:07","pubTimestamp":1775041674,"startTime":"0","endTime":"0","summary":null,"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:20260401:nTUA9GT459:1","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":["BK4122","CANG","BK4214","BK4600"],"isVideo":false,"video":null,"gpt_icon":0}],"profile":{"websiteUrl":"https://ir.cangoonline.com/","stockEarnings":[{"period":"1week","weight":0.3328},{"period":"1month","weight":0.2973},{"period":"3month","weight":-0.4417},{"period":"6month","weight":-0.8443},{"period":"1year","weight":-0.8634},{"period":"ytd","weight":-0.6367}],"compareEarnings":[{"period":"1week","weight":0.0313},{"period":"1month","weight":0.1137},{"period":"3month","weight":0.083},{"period":"6month","weight":0.0937},{"period":"1year","weight":0.3132},{"period":"ytd","weight":0.0761}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"Cango Inc. is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio.\n\nIn parallel, Cango continues to operate an online international used car export business through AutoCango.com, making it easier for global customers to access high-quality vehicle inventory from China.  ","yearOnYearQuotes":[{"month":1,"riseRate":0.625,"avgChangeRate":0.114214},{"month":2,"riseRate":0.375,"avgChangeRate":-0.083166},{"month":3,"riseRate":0.25,"avgChangeRate":-0.140747},{"month":4,"riseRate":0.625,"avgChangeRate":0.021492},{"month":5,"riseRate":0.25,"avgChangeRate":-0.021282},{"month":6,"riseRate":0.571429,"avgChangeRate":0.066871},{"month":7,"riseRate":0.428571,"avgChangeRate":0.012579},{"month":8,"riseRate":0.25,"avgChangeRate":-0.042855},{"month":9,"riseRate":0.25,"avgChangeRate":-0.035267},{"month":10,"riseRate":0.5,"avgChangeRate":0.036371},{"month":11,"riseRate":0.375,"avgChangeRate":0.00035},{"month":12,"riseRate":0.375,"avgChangeRate":0.006117}],"exchange":"NYSE","name":"Cango Inc.","nameEN":"Cango Inc.","securityTypeName":"DR","adrRate":"1:2"},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.1","shortVersion":"4.42.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"Cango Inc.(CANG),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest Cango Inc.(CANG) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"Cango Inc.,CANG,Cango Inc.股票,Cango Inc.股票老虎,Cango Inc.股票老虎国际,Cango Inc.行情,Cango Inc.股票行情,Cango Inc.股价,Cango Inc.股市,Cango Inc.股票价格,Cango Inc.股票交易,Cango Inc.股票购买,Cango Inc.股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"Cango Inc.(CANG),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest Cango Inc.(CANG) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}

Introduction