▣About Cango Inc

Cango Inc. (NYSE: CANG) began as an international used‑car export and automotive transaction platform (AutoCango) and in November 2024 pivoted into the crypto space, redeploying its corporate strategy around large‑scale Bitcoin mining and energy/compute infrastructure.Citation:

Today Cango operates as a global Bitcoin miner with deployments across North America, the Middle East, South America and East Africa, reporting deployed capacity in the tens of exahashes (50 EH/s cited) and a corporate treasury of more than 4,000 BTC as it scales its mining, renewable‑energy and high‑performance compute initiatives.

Cango’s leadership was overhauled to support the transformation: Xin Jin (Chairman), Peng Yu (Chief Executive Officer), Yongyi Zhang (Chief Financial Officer), Chang‑Wei Chiu (Director) and Simon Ming Yeung Tang (Chief Investment Officer) lead a team with deep experience in BTC mining, finance, M&A and energy optimization.