Cango

CANG · NYSE

$2.16+$0.01 (+0.47%)TodayMarket closed ·
Prev close $2.15

About CANG

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 is headquartered in Dallas, Texas and currently employs 96 full-time employees. The company went IPO on 2018-07-26. The firm primarily operates through two segments. The Bitcoin Mining Business segment is principally engaged in crypto mining operation. The firm is rewarded with bitcoins from mining pools in exchange for the hash calculation to the mining pool operators. The firm has deployed its mining operation across strategic locations including North America, Africa and Asia. The Automobile and Related Business segment is engaged in the operation of an online international used car export business through AutoCango.com to provide pre-sale automobile trading solutions and post-sale after-market services facilitation.

Employees
96
Headquarters
Dallas, Texas
Listed
Jul 26, 2018
Sector
Consumer Discretionary
Industry
Specialty Retail

Leadership

Cango executives
NameTitleSince
Xin Jin——
Peng Yu—2025
Yongyi Zhang—2018
Ming Yeung Tang——
Chang-wei Chiu——
Chi Ming Lee——
Yanjun Lin——
Prof. Haitian Lu——
Yihe Liu—2021

Revenue by product and region

Fiscal year ended Dec 31, 2025: $688.08M total revenue

By product

  • Represents information pertaining to bitcoin mining business segment.$678.25M98.6%
  • Represents the amount pertaining to international automobile trading business segment.$9.83M1.4%

By region

  • VIRGIN ISLANDS, BRITISH$675.50M98.2%
  • Represents information pertaining to other countries.$12.58M1.8%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Cango suppliers and customers
CompanyRelationshipCorrelation
Bank of Shanghai ASupplier0.82
Tencent HoldingsSupplier and customer0.71
ICBC HSupplier0.03
Shanghai Rural Commercial Bank ASupplier—
Jiangsu Jiangnan Rural Commercial Bank Co., Ltd.Supplier—
WeBank Co., Ltd.Supplier—
Zhejiang My Bank Co., Ltd.Supplier—
Didi Chuxing Technology Co., Ltd.Supplier and customer—

Similar companies

Companies in the same industry as Cango

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