Cango Inc

Cango Inc. is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The company is headquartered in Dallas, Texas and currently employs 96 full-time employees. The company went IPO on 2018-07-26. The firm primarily operates through two segments. The Bitcoin Mining Business segment is principally engaged in crypto mining operation. The firm is rewarded with bitcoins from mining pools in exchange for the hash calculation to the mining pool operators. The firm has deployed its mining operation across strategic locations including North America, Africa and Asia. The Automobile and Related Business segment is engaged in the operation of an online international used car export business through AutoCango.com to provide pre-sale automobile trading solutions and post-sale after-market services facilitation.