Cango Inc. 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 auto finance industry, the Company is headquartered in Shanghai and has a nationwide business. The Company’s services primarily consist of automotive financing facilitation, automotive transaction facilitation, and after-market service facilitation. By utilizing its competitive advantages in technology, data, and cloud infrastructure, Cango is able to connect participants across its platform 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 mobility market in China continues to grow and evolve.
Letter from Cango Founders