Cango Inc. operates as a leading technology-driven automotive transaction services platform in China. Founded in 2010 and headquartered in Shanghai, the company connects auto manufacturers, dealers and financial institutions through a comprehensive digital ecosystem. Cango’s platform streamlines the vehicle purchase process by offering integrated solutions that encompass credit assessment, loan origination, and post-purchase services for new and pre-owned vehicles.
The company’s core business activities center on auto financing transaction services, including loan facilitation, risk management and compliance support. Cango leverages proprietary data analytics to evaluate borrower profiles, optimize underwriting processes and enhance credit approval rates. In addition to financing, Cango provides complementary aftermarket products such as insurance placement, extended warranties and maintenance packages, enabling dealers to deliver a full suite of value-added services to their customers.
With operations spanning more than 400 cities across China, Cango has established partnerships with over 1,200 dealer outlets and numerous domestic and international banks. The platform’s scalable architecture allows it to seamlessly integrate with dealership management systems and third-party financial institutions, expanding its geographic footprint while maintaining robust service levels. Cango continues to invest in technology enhancements, including artificial intelligence and machine learning, to deepen its market reach and improve transaction efficiency.
Cango’s leadership team comprises seasoned professionals with expertise in automotive retail, consumer finance and digital technology. Guided by a board of directors and senior executives who have held key roles at major financial and automotive firms, the company remains focused on innovation, regulatory compliance and customer satisfaction. Through its tech-enabled platform and strategic industry partnerships, Cango aims to shape the future of auto financing and aftermarket services in China.
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