Company Cango Inc.

Equities

CANG

US1375861036

Internet Services

Market Closed - Nyse 21:10:00 29/04/2024 BST 5-day change 1st Jan Change
1.43 USD -0.69% Intraday chart for Cango Inc. +6.72% +40.20%

Business Summary

Cango Inc. provides an automotive transaction service platform, which connects dealers, financial institutions, car buyers and other industry participants. The Company’s services primarily consist of automotive financing facilitation, automotive transaction facilitation and after-market services facilitation. It offers integrated solutions that support the life cycle of automotive financing transactions, including credit origination, credit assessment, credit servicing and delinquent asset management services. It provides additional services, including car sourcing and logistics and warehousing support for dealers and facilitation of car purchases for car buyers. The Company’s also facilitates after-market services to car buyers, which is comprised of facilitating the sale of insurance policies from insurance brokers or companies. The products offered through its platform are personal accident insurances and automotive insurances.

Number of employees: 632

Sales per Business

USD in Million2022Weight2023Weight Delta
Automobile Trading
77.0 %
237 80.6 % 185 77.0 % -22.03%
Guarantee
12.5 %
- - 30 12.5 % -
After-market Services
3.8 %
11 3.6 % 9 3.8 % -13.03%
Leasing
3.4 %
23 7.9 % 8 3.4 % -64.90%
Others
2.2 %
2 0.5 % 5 2.2 % +230.84%
Loan Facilitation Income and Other Related Income
1.2 %
22 7.4 % 3 1.2 % -87.04%

Sales per region

USD in Million2022Weight2023Weight Delta
China
100.0 %
294 100.0 % 240 100.0 % -18.33%

Managers

Managers TitleAgeSince
Founder 56 31/07/10
Director of Finance/CFO 52 31/12/17
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 24/07/18
Director/Board Member 75 25/07/19
Founder 53 31/07/10
Founder 56 31/07/10
Director of Finance/CFO 52 31/12/17
Director/Board Member 40 31/12/17
Director/Board Member 57 24/07/18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 20 72,978,677 0 0 52.29 %
Stock B 1 229,831,213 158,326,404 ( 68.89 %) 33,225,720 ( 14.46 %)

Shareholders

NameEquities%Valuation
Primavera Capital Group Ltd.
5.245 %
5,154,331 5.245 % 8 M $
Cetera Investment Advisers LLC
0.1002 %
98,450 0.1002 % 149 644 $
Morgan Stanley Capital Services LLC
0.0993 %
97,562 0.0993 % 148 294 $
G1 Execution Services LLC
0.0839 %
82,470 0.0839 % 125 354 $
RhumbLine Advisers LP
0.0410 %
40,330 0.0410 % 61 302 $
Waverly Advisors LLC (Alabama)
0.0265 %
26,000 0.0265 % 39 520 $
Millennium Management LLC
0.0221 %
21,681 0.0221 % 32 955 $
Acadian Asset Management LLC
0.0211 %
20,771 0.0211 % 31 572 $
Citadel Securities GP LLC
0.0199 %
19,537 0.0199 % 29 696 $
Two Sigma Securities LLC
0.0187 %
18,412 0.0187 % 27 986 $
NameEquities%Valuation
38,275,787 51.05 % 1 164 M $
34,702,890 46.28 % 1 055 M $
NameEquities%Valuation
28,376,116 12.73 % 22 M $
25,223,898 11.32 % 19 M $
Taikang Life Insurance Co., Ltd.
7.276 %
16,217,006 7.276 % 12 M $
2,741,606 1.230 % 2 M $
Xiao Jun Zhang
0.000000 %
0 0.000000 % - $

Company contact information

Cango, Inc.

New Bund Oriental Plaza II 556 West Haiyang Road

200124, Shanghai

+86 21 3183 5088

http://www.cangoonline.com
address Cango Inc.(CANG)