SHANGHAI, Jan. 24, 2022 /PRNewswire/ -- Cango Inc. (NYSE:
CANG) ("Cango" or the "Company"), a leading automotive transaction
service platform in China, today
announced that Cango received Tonghuashun's Best IR Award for 2021,
highlighting the Company's commitment to excellence and outstanding
investor communications. With its premium content and active
investor interactions, Cango persuasively defines its company value
and brand image to maximize capital market recognition.
Mr. Jiayuan Lin, Chief Executive
Officer of Cango, commented, "We are honored to receive this
prestigious award and will remain dedicated to IR best practices as
we provide our users with safe, professional and effective
technology-driven automotive transaction services. Going forward,
we will continue to strengthen our market value management and
expand Cango's communication channels with the capital market to
quickly and accurately share development information, boosting
investors' and shareholders' confidence in the Company."
Cango was recognized along with an illustrious group of 19 other
HK- or US-listed companies including China
Power, ZhongAn Online, and CSPC Group. The selection is
based on a comprehensive evaluation of listed companies'
multi-dimensional data on the Tonghuashun platform, such as the
number of official account followers, article data, individual
stocks and topic popularity, day-to-day operations and the number
of research/IR activities.
Currently hosting over 1,000 listed companies, institutions or
media organizations and covering 500 million investors, Tonghuashun
is a prominent authoritative communication platform between listed
companies and investors. Since Cango established its presence on
the platform, Tonghuashun has served as an effective communication
bridge between Cango and investors, displaying Cango's latest
updates, sharing in-depth auto industry news and helping Cango
manage investor relations.
Founded in 2010, Cango Group (NYSE: CANG) is based in
Shanghai, China with business
presence throughout the country. Starting with automotive financing
facilitation, Cango built an extensive dealer network with a
nationwide coverage deeply rooted in lower-tier cities and
counties, and gradually expanded both upward and downward along the
value chain. Over the past decade and more, Cango has grown from
the 1.0 model of auto financial services initially to the 2.0
supply chain model covering car trading, auto finance and the
after-market services, and is now transforming into the 3.0
platform model. Cango seeks to reshape the relationships among
people, goods and marketplaces for auto transactions through
technology-empowered finance and closed-loop services and create
value for all players along the auto value chain.
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.
Media Contact:
Juliet Ye
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: pr@cangoonline.com
Twitter: https://twitter.com/Cango_Group
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SOURCE Cango Inc.