Cango Participates in 2021 China Vehicle Sellers Trade Conference & Expo


SHANGHAI, Dec. 7, 2021 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Firm”), a number one automotive transaction service platform in China, at present introduced its participation within the 2021 China Vehicle Sellers Trade Conference & Expo in Haikou, Hainan province, China from December 2-4, 2021.

Hosted by the China Vehicle Sellers Affiliation, the conference introduced Cango and different essential business contributors collectively to investigate the present state of the auto business and share their market insights and knowledge. This 12 months’s theme was “Alternatives and Challenges underneath the New Sample,” which centered on the principle drivers and headwinds dealing with gamers within the auto business in China and internationally, as modern applied sciences, codecs and fashions usher in a brand new period of growth.

As a number one car transaction service platform providing an economical, all-inclusive automotive shopping for expertise, Cango is dedicated to forging a path to progress and high-quality growth whereas sustaining stability within the face of those basic business adjustments. Headquartered in Shanghai, Cango serves as the biggest dealership community in China’s lower-tier cities. The Firm’s providers cowl the whole automotive transaction chain from pre-sale to post-sale, together with automotive financing facilitation, automotive buying and selling transactions, and after-market providers facilitation. Moreover, Cango connects automotive sellers, OEMs, monetary establishments, and different auto business contributors to assist them fulfill their clients’ particular person necessities. By providing a variety of providers to all auto business contributors, Cango has turn into a useful business participant.

Balancing buyer wants with business growth will be difficult. Cango’s cutting-edge expertise and cloud-based infrastructure seamlessly join platform contributors, making car transactions infinitely simpler. Cango connects OEMs, automotive patrons and the automotive sellers, and supplies worth to the three by means of its transaction service platform, which makes it less complicated and extra environment friendly to “match folks with items” and “match items with folks” within the area of car dealing. Within the meantime, it helps automotive patrons full the automotive buy procedures and affords automotive financing options, but in addition supplies monetary establishments with end-to-end providers from buyer acquisition to pre-, mid- and post-loan intervals, supporting the whole life cycle of the auto financing transaction.

Cango’s distinctive platform will create even higher worth for its customers and enterprise companions as China’s transportation market evolves. Transportation and mobility are vital parts of societal development. When folks have entry to a car or different technique of transportation, their employment and schooling choices develop dramatically. In China’s lower-tier cities, transportation accessibility and mobility are big societal issues given insufficient private transportation alternate options. That is the place Cango is available in.

Cango’s purpose is to make shopping for a automotive simpler and extra pleasant. This easy but efficient imaginative and prescient may begin a mobility revolution in China’s lower-tier cities. With out mobility, residents can’t make the most of alternatives and industries miss out on distinctive expertise and modern concepts. Mobility creates prospects. Streamlining the car buy course of drastically improves transportation accessibility and mobility. In flip, higher mobility brings employers and employees collectively, engendering productive industries and mending gaps within the material of society. As our society evolves, Cango will develop the boundaries of mobility for all of China’s residents.

About Cango Inc.

Cango Inc. (NYSE: CANG) is a number one automotive transaction service platform in China connecting sellers, monetary establishments, automotive patrons, and different business contributors. Based in 2010 by a bunch of pioneers in China’s automotive finance business, the Firm is headquartered in Shanghai and engages automotive patrons by means of a nationwide seller community. The Firm’s providers primarily include automotive financing facilitation, automotive buying and selling transactions, and after-market providers facilitation. By using its aggressive benefits in expertise, information insights, and cloud-based infrastructure, Cango is ready to join its platform contributors whereas bringing them a premium consumer expertise. Cango’s platform mannequin places it in a singular place so as to add worth for its platform contributors and enterprise companions because the automotive and mobility markets in China proceed to develop and evolve. For extra info, please go to:

Media Contact:

Juliet Ye
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Electronic mail: [email protected]

SOURCE Cango Inc.

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