SHANGHAI, June 22, 2020 /PRNewswire/ -- Cango Inc. ("Cango"
or the "Company") (NYSE: CANG), a leading automotive transaction
service platform in China, today
announced that Ms. Yun Ye has
tendered her resignation as a director of the Company for personal
reasons. Her resignation was effective as of June 19, 2020. The Company would like to express
its gratitude for services provided by Ms. Yun Ye.
About Cango, Inc.
Cango Inc. (NYSE: CANG) 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 automotive finance
industry, the Company is headquartered in Shanghai and engages car buyers through a
nationwide dealer network. The Company's services primarily consist
of automotive financing facilitation, automotive transaction
facilitation, and after-market services facilitation. By utilizing
its competitive advantages in technology, data insights, and
cloud-based infrastructure, Cango is able to connect its platform
participants 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 automotive and
mobility markets in China continue
to grow and evolve. For more information, please visit:
Tel: +86 21 3183 5088 ext.5521
The Piacente Group, Inc.
Tel: +86 21 6039 8363
SOURCE Cango Inc.