Cango Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $87.8M
- Price
- $2.14
- % Change (Daily % change from the live per-ticker quote feed.)
- +32.10%
- Volume
- 4.1M
About
Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.
Quick stats
Shares outstanding41.0M
Computed float14.2M
Float / shares34.5%
Key info
SectorFinancial Services
IndustryFinancial - Capital Markets
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001725123
Websitehttps://www.cangoonline.com
AI Summary
AI-generated1/25
majorbearishreverse split
Cango Inc. Announces Effectiveness of 10-for-1 Share Consolidation
Cango Inc. announced that a 10-for-1 share consolidation of its Class A and Class B ordinary shares became effective on July 20, 2026.
Trading on the NYSE on a post-consolidation basis began on July 21, 2026, under the existing CANG ticker with a new CUSIP number, while the company's authorized capital remains unchanged at $100,000.
The company describes itself as a Bitcoin mining operator with a focus on digital infrastructure and distributed AI computing, alongside its used car export business.
Red flags
- Reverse split often indicates risk of non-compliance with listing standards
- 10-for-1 consolidation significantly reduces share float