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Stock impact report

Cango Inc. Releases Letter to Shareholders

Cango Inc. Class A Ordinary Shares (CANG) 
Last cango inc. class a ordinary shares earnings: 3/23 04:30 pm Check Earnings Report
Company Research Source: PR Newswire
HONG KONG, Nov. 6, 2025 /PRNewswire/ -- Dear Shareholders, November 2025 marks a pivotal milestone in Cango's history: the one-year anniversary of our strategic transformation. Our long-term goal has always been to build energy-secured high-performance computing (HPC) services. What began as an exploration of new energy opportunities early last year led us to a practical on-ramp: Bitcoin mining as a first step to secure energy access, develop operational expertise, and create site optionality that can later support our energy and HPC goals. While we began as an automotive transaction service platform in China, we embarked one year ago on a bold strategic transformation into the Bitcoin mining industry, not as an endpoint but as the foundation of our expansion into energy and HPC. Show less Read more
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