Cango Inc. Filed Its Annual Report on Form 20-F

Rhea-AI Summary

Cango Inc. (NYSE: CANG) announced the filing of its annual report on Form 20-F with the SEC for the fiscal year ending December 31, 2020. The report is accessible on the Company's investor relations website and the SEC's site. Cango, based in Shanghai, operates as a leading automotive transaction service platform in China, connecting dealers, financial institutions, and car buyers. Founded in 2010, the company provides automotive financing facilitation, car trading transactions, and after-market services, leveraging technology and data insights for enhanced user experience.

Positive

• Filed annual report on Form 20-F, enhancing transparency for investors.
• Cango's platform model uniquely positions it in the growing automotive and mobility markets in China.

Negative

• None.

SHANGHAI, April 27, 2021 /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, 2020 with the Securities and Exchange Commission on April 27, 2021, 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 its annual report containing its audited consolidated financial statements, free of charge, to its shareholders and American Depositary Share holders upon request.

About Cango Inc. 

Cango Inc. (NYSE: CANG) is a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. Founded in 2010 by a group of pioneers in China's automotive finance industry, the Company is headquartered in Shanghai and engages car buyers through a nationwide dealer network. The Company's services primarily consist of automotive financing facilitation, car trading transactions, and after-market services facilitation. By utilizing its competitive advantages in technology, data insights, and cloud-based infrastructure, Cango is able to connect its platform participants while bringing them a premium user experience. Cango's platform model puts it in a unique position to add value for its platform participants and business partners as the automotive and mobility markets in China continue to grow and evolve. For more information, please visit: www.cangoonline.com.

Investor Relations Contact

Caesar Cao
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com 

Emilie Wu
The Piacente Group, Inc.
Tel: +86 21 6039 8363
E-mail: ir@cangoonline.com 

View original content:http://www.prnewswire.com/news-releases/cango-inc-filed-its-annual-report-on-form-20-f-301277926.html

SOURCE Cango Inc.

FAQ

What is Cango Inc. known for?

Cango Inc. is known as a leading automotive transaction service platform in China, facilitating connections among dealers, financial institutions, and car buyers.

When did Cango file its annual report?

Cango filed its annual report on Form 20-F on April 27, 2021.

Where can I access Cango's annual report?

Cango's annual report can be accessed on their investor relations website and the SEC's website.

What fiscal year does Cango's annual report cover?

Cango's annual report covers the fiscal year ended December 31, 2020.

How does Cango leverage technology in its services?

Cango utilizes competitive advantages in technology, data insights, and cloud-based infrastructure to enhance user experience and connect platform participants.