Cango Inc. Files Annual Report on Form 20-F for 2024 Fiscal Year

Cango Inc. (NYSE: CANG), well-known for its pivotal role in Bitcoin mining and automotive services, has officially filed its annual report on Form 20-F for the fiscal year ending December 31, 2024. The announcement was made on March 27, 2025, aligning with the operational norms stipulated by the Securities and Exchange Commission (SEC) in the United States.

The report serves as a crucial document providing insights into the company's financial performance over the past year. Investors and shareholders can access the document via Cango's investor relations website or the SEC's official site. Cango also offers to send a hard copy of the report, including audited consolidated financial statements, free of charge to all shareholders and American Depositary Share holders upon request.

About Cango Inc.

Cango Inc. is headquartered in Shanghai, China, and primarily operates a successful Bitcoin mining business that has expanded its operations to key locations globally, including North America, the Middle East, South America, and East Africa. The company ventured into the cryptocurrency landscape in late 2024, spurred by advancements in blockchain technology and a growing interest in crypto assets. This strategic move is part of Cango's broader goal to diversify its business portfolio.

In addition to its cryptocurrency endeavors, Cango has sustained operations in China's automotive transaction market since 2010. The company aims to make the car buying process more accessible and straightforward for consumers. Cango's dual focus on both cryptocurrency and automotive services highlights its adaptive strategy in a rapidly evolving market environment.

For interested parties, more information on Cango's operations, strategies, and financial health can be found at www.cangoonline.com or by directly contacting their investor relations team.

Investor Relations Contact:

- Cango Inc.

Yihe Liu
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com

- Piacente Financial Communications

Helen Wu
Tel: +86 10 6508 0677
Email: info@piacentefinancial.com

Cango Inc. continues to exemplify resilience and innovation, balancing traditional automotive services with cutting-edge cryptocurrency operations, making it a noteworthy player in today’s tech-driven economy.