SHANGHAI, December 7, 2021 / PRNewswire / – Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction services platform in China, today announced its participation in the 2021 Chinese Auto Dealer Industry Convention and Exhibition in Haikou, Hainan Province, China of 2-4 December 2021.
Hosted by the China Automobile Dealers Association, the convention brought together Cango and other important industry participants to analyze the current state of the automotive industry and share their knowledge and wisdom in the market. This year’s theme was ‘Opportunities and Challenges in the New Model’, focusing on the main drivers and headwinds facing automotive industry players in China and across the world, as innovative technologies, formats and models usher in a new era of development.
As a leading automotive transaction services platform delivering a cost-effective all-inclusive car buying experience, Cango is committed to leading the way of high-quality progress and development while maintaining stability in the face of these fundamental changes. Of the industry. Based at Shanghai, Cango is the largest dealer network in from China lower-ranking towns. The Company’s services cover the entire chain of automotive transactions, from pre-sales to after-sales, including facilitation of automotive finance, auto trade transactions and facilitation of after-sales services. In addition, Cango connects auto dealers, OEMs, financial institutions and other automotive industry participants to help them meet the individual requirements of their customers. By offering a wide range of services to all participants in the automotive industry, Cango has become an invaluable player in the industry.
Balancing customer needs with the development of the industry can be tricky. Cango’s cutting-edge technology and cloud-based infrastructure seamlessly connect participants to the platform, making automotive transactions infinitely easier. Cango connects OEMs, car buyers and auto dealers, and delivers value to all three through its Transaction Services platform, making it easier and more efficient to connect people with goods and services. matching of goods with people in the field of automotive sales. . In the meantime, it helps car buyers complete car buying procedures and offers auto finance solutions, but also provides end-to-end services to financial institutions ranging from customer acquisition to pre, pre-season periods. medium and post-loan, supporting the entire life cycle of the automobile financing transaction.
Cango’s unique platform will create even more value for its users and business partners because from China the transport market is changing. Transport and mobility are essential elements of societal progress. When people have access to a vehicle or other means of transportation, their options for employment and education expand dramatically. In from China inferior cities, accessibility of transport and mobility are huge societal problems given inadequate personal transport alternatives. This is where Cango comes in.
Cango’s goal is to make buying a car easier and more enjoyable. This simple but effective vision could start a mobility revolution in from China lower-ranking towns. Without mobility, citizens cannot take advantage of opportunities and industries are missing out on exceptional talent and innovative ideas. Mobility creates possibilities. Streamlining the car buying process significantly improves the accessibility and mobility of transport. In turn, greater mobility brings employers and workers closer together, spawning productive industries and bridging gaps in the social fabric. As our society evolves, Cango will push the boundaries of mobility for all from China citizens.
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 from China the automotive finance industry, the Company is headquartered in Shanghai and engages car buyers through a nationwide dealer network. The Company’s services mainly consist of the facilitation of automobile financing, commercial car transactions and the facilitation of after-sales services. Using its competitive advantages in technology, data insight, and cloud-based infrastructure, Cango is able to connect its platform participants while providing them with a premium user experience. Cango’s platform model places it in a unique position to add value to its platform participants and business partners as automotive and mobility markets in China continue to grow and evolve. For more information, please visit: www.cangoonline.com.
SOURCE Cango inc.