Cango Inc

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Cango Inc
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Cango Inc
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US1375861036
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The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.

Tue, 05.08.2025       Cango Inc
US1375861036

HONGKONG  , 5. August 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) („Cango" oder das „Unternehmen") hat heute sein Update zur Bitcoin-Produktion und zum Mining-Betrieb für Juli 2025 veröffentlicht.

Bitcoin Mining Produktion und Mining Operations Update für Juli 2025

Metrik

Juli 2025 1

Juni 2025 1

Anzahl der produzierten Bitcoin

650,5

450,0

Durchschnittliche Anzahl der pro Tag produzierten Bitcoin

20,99

15,00

Gesamtzahl der gehaltenen Bitcoin 2

4.529,7

3.879,2

Eingesetzte Hash-Rate

50 EH/s

32 EH/s

Durchschnittliche Betriebs-Hash-Rate 3

 40,91 EH/s

 29,92 EH/s

Tue, 05.08.2025       Cango Inc
US1375861036

HONG KONG, Aug. 5, 2025 /CNW/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today published its Bitcoin production and mining operations update for July 2025.

Bitcoin Mining Production and Mining Operations Update for July 2025

Metric

July 2025 1

June 2025 1

Number of Bitcoin produced

650.5

450.0

Average number of Bitcoin produced per day

20.99

15.00

Total number of Bitcoin held 2

4,529.7

3,879.2

Deployed hashrate

50 EH/s

32 EH/s

Average operating hashrate 3

 40.91 EH/s

 29.92 EH/s

Tue, 05.08.2025       Cango Inc
US1375861036

HONG KONG, Aug. 5, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today published its Bitcoin production and mining operations update for July 2025.

Bitcoin Mining Production and Mining Operations Update for July 2025

Metric

July 2025 1

June 2025 1

Number of Bitcoin produced

650.5

450.0

Average number of Bitcoin produced per day

20.99

15.00

Total number of Bitcoin held 2

4,529.7

3,879.2

Deployed hashrate

50 EH/s

32 EH/s

Average operating hashrate 3

 40.91 EH/s

 29.92 EH/s

Tue, 05.08.2025       Cango Inc
US1375861036

HONG KONG, Aug. 5, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today published its Bitcoin production and mining operations update for July 2025.

Bitcoin Mining Production and Mining Operations Update for July 2025

Metric

July 2025 1

June 2025 1

Number of Bitcoin produced

650.5

450.0

Average number of Bitcoin produced per day

20.99

15.00

Total number of Bitcoin held 2

4,529.7

3,879.2

Deployed hashrate

50 EH/s

32 EH/s

Average operating hashrate 3

 40.91 EH/s

 29.92 EH/s

Tue, 05.08.2025       Cango Inc
US1375861036

HONG KONG, Aug. 5, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today published its Bitcoin production and mining operations update for July 2025.

Bitcoin Mining Production and Mining Operations Update for July 2025

Metric

July 2025 1

June 2025 1

Number of Bitcoin produced

650.5

450.0

Average number of Bitcoin produced per day

20.99

15.00

Total number of Bitcoin held 2

4,529.7

3,879.2

Deployed hashrate

50 EH/s

32 EH/s

Average operating hashrate 3

 40.91 EH/s

 29.92 EH/s

Wed, 23.07.2025       Cango Inc
US1375861036

HONGKONG, 23. Juli 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) gab heute seine Umwandlung in einen globalen Bitcoin-Miner bekannt. Dazu wurden ein neuer Vorstand (der „Vorstand") und eine Führungsmannschaft mit umfassender Expertise in den Bereichen digitale Infrastruktur, Finanzen und Energieinvestitionen ernannt.

Am 23. Juli 2025 ernannte der Vorstand (i) Herrn Xin Jin zum Vorstandsvorsitzenden und nicht geschäftsführenden Direktor, (ii) Herrn Peng Yu zum CEO und Director, (iii) Herrn Chang-Wei Chiu zum Director, (iv) Herrn Yongyi Zhang zum CFO und (v) Herrn Simon Ming Yeung Tang zum CIO. Zur Stärkung der Unternehmensführung ernannte der Vorstand außerdem (i) Herrn Chi Ming Lee, unabhängiges Verwaltungsratsmitglied, zum Mitglied des Vergütungsausschusses und des Nominierungs- und Corporate-Governance-Ausschusses, (ii) Herrn Yanjun Lin, unabhängiges Verwaltungsratsmitglied, zum Vorsitzenden des Vergütungsausschusses und Mitglied des Nominierungs- und Corporate-Governance-Ausschusses und (iii) Herrn Haitian Lu zum Vorsitzenden des Nominierungs- und Corporate-Governance-Ausschusses und Mitglied des Vergütungsausschusses. Der Vorstand hat außerdem die Rücktritte von Herrn Xiaojun Zhang als Director und Chairman sowie von Herrn Jiayuan Lin als CEO, Interim-CFO und Director. Alle Änderungen sind sofort wirksam.

Wed, 23.07.2025       Cango Inc
US1375861036

HONG KONG, July 23, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) today announced its transformation into a global Bitcoin miner with the appointment of a new Board of Directors (the "Board") and senior management team with deep expertise in digital-asset infrastructure, finance, and energy investments.

On July 23, 2025, the Board appointed (i) Mr. Xin Jin as Chairman of the Board and Non-Executive Director, (ii) Mr. Peng Yu as CEO and Director, (iii) Mr. Chang-Wei Chiu as Director, (iv) Mr. Yongyi Zhang as CFO and (v) Mr. Simon Ming Yeung Tang as CIO To strengthen governance, the Board also appointed (i) Mr. Chi Ming Lee, Independent Director, as a member of the Compensation Committee and Nominating and Corporate Governance Committee, (ii) Mr. Yanjun Lin, Independent Director, as Chairman of the Compensation Committee and member of the Nominating and Corporate Governance Committee, and (iii) Mr. Haitian Lu as Chairman of the Nominating and Corporate Governance Committee and member of the Compensation Committee. The Board also accepted the resignations of Mr. Xiaojun Zhang as Director and Chairman, and Mr. Jiayuan Lin as CEO, Interim CFO, and Director. All changes are effective immediately.

Wed, 23.07.2025       Cango Inc
US1375861036

HONG KONG, July 23, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) today announced its transformation into a global Bitcoin miner with the appointment of a new Board of Directors (the "Board") and senior management team with deep expertise in digital-asset infrastructure, finance, and energy investments.

On July 23, 2025, the Board appointed (i) Mr. Xin Jin as Chairman of the Board and Non-Executive Director, (ii) Mr. Peng Yu as CEO and Director, (iii) Mr. Chang-Wei Chiu as Director, (iv) Mr. Yongyi Zhang as CFO and (v) Mr. Simon Ming Yeung Tang as CIO To strengthen governance, the Board also appointed (i) Mr. Chi Ming Lee, Independent Director, as a member of the Compensation Committee and Nominating and Corporate Governance Committee, (ii) Mr. Yanjun Lin, Independent Director, as Chairman of the Compensation Committee and member of the Nominating and Corporate Governance Committee, and (iii) Mr. Haitian Lu as Chairman of the Nominating and Corporate Governance Committee and member of the Compensation Committee. The Board also accepted the resignations of Mr. Xiaojun Zhang as Director and Chairman, and Mr. Jiayuan Lin as CEO, Interim CFO, and Director. All changes are effective immediately.

Wed, 23.07.2025       Cango Inc
US1375861036

HONG KONG, July 23, 2025 /CNW/ -- Cango Inc. (NYSE: CANG) today announced its transformation into a global Bitcoin miner with the appointment of a new Board of Directors (the "Board") and senior management team with deep expertise in digital-asset infrastructure, finance, and energy investments.

On July 23, 2025, the Board appointed (i) Mr. Xin Jin as Chairman of the Board and Non-Executive Director, (ii) Mr. Peng Yu as CEO and Director, (iii) Mr. Chang-Wei Chiu as Director, (iv) Mr. Yongyi Zhang as CFO and (v) Mr. Simon Ming Yeung Tang as CIO To strengthen governance, the Board also appointed (i) Mr. Chi Ming Lee, Independent Director, as a member of the Compensation Committee and Nominating and Corporate Governance Committee, (ii) Mr. Yanjun Lin, Independent Director, as Chairman of the Compensation Committee and member of the Nominating and Corporate Governance Committee, and (iii) Mr. Haitian Lu as Chairman of the Nominating and Corporate Governance Committee and member of the Compensation Committee. The Board also accepted the resignations of Mr. Xiaojun Zhang as Director and Chairman, and Mr. Jiayuan Lin as CEO, Interim CFO, and Director. All changes are effective immediately.

Wed, 23.07.2025       Cango Inc
US1375861036

HONG KONG, July 23, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) today announced its transformation into a global Bitcoin miner with the appointment of a new Board of Directors (the "Board") and senior management team with deep expertise in digital-asset infrastructure, finance, and energy investments.

On July 23, 2025, the Board appointed (i) Mr. Xin Jin as Chairman of the Board and Non-Executive Director, (ii) Mr. Peng Yu as CEO and Director, (iii) Mr. Chang-Wei Chiu as Director, (iv) Mr. Yongyi Zhang as CFO and (v) Mr. Simon Ming Yeung Tang as CIO To strengthen governance, the Board also appointed (i) Mr. Chi Ming Lee, Independent Director, as a member of the Compensation Committee and Nominating and Corporate Governance Committee, (ii) Mr. Yanjun Lin, Independent Director, as Chairman of the Compensation Committee and member of the Nominating and Corporate Governance Committee, and (iii) Mr. Haitian Lu as Chairman of the Nominating and Corporate Governance Committee and member of the Compensation Committee. The Board also accepted the resignations of Mr. Xiaojun Zhang as Director and Chairman, and Mr. Jiayuan Lin as CEO, Interim CFO, and Director. All changes are effective immediately.

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