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Buyback Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2519459838","media":"MT Newswires Live","labels":["shareholding","buyback"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519459838?lang=en_us&edition=fundamental","pubTime":"2025-03-13 19:33","pubTimestamp":1741865609,"startTime":"0","endTime":"0","summary":"Cango  said Thursday its board authorized a new share repurchase program of up to $30 million worth of its outstanding American depositary shares, each representing two class A ordinary shares, and class A ordinary shares over the next 12 months, starting April 25.Cango said it plans to fund the repurchases from its existing cash balance.The company said its existing repurchase program is set to expire on April 25, under which it had bought back 996,640 ADSs from the open market for approximately $1.7 million as of March 10.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,buyback","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4600","BK4214","CANG","BK4122"],"gpt_icon":0},{"id":"2519889598","title":"BRIEF-Cango Announces Up To Us$30 Million New Share Repurchase Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2519889598","media":"Reuters","labels":["shareholding","buyback"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519889598?lang=en_us&edition=fundamental","pubTime":"2025-03-13 18:03","pubTimestamp":1741860219,"startTime":"0","endTime":"0","summary":"BRIEF-Cango Announces Up To Us$30 Million New Share Repurchase ProgramMarch 13 (Reuters) - Cango Inc CANG.N:CANGO INC. ANNOUNCES UP TO US$30 MILLION NEW SHARE REPURCHASE PROGRAMCANGO INC - TO FUND REP","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nTUA2Z4CCZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,buyback","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4600","BK4214","CANG","BK4122"],"gpt_icon":0},{"id":"2519096886","title":"Cango Inc. Announces up to US$30 Million New Share Repurchase Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2519096886","media":"THOMSON REUTERS","labels":["shareholding","buyback"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519096886?lang=en_us&edition=fundamental","pubTime":"2025-03-13 18:00","pubTimestamp":1741860005,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nTUA2Z4CCZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding,buyback","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CANG","BK4214","BK4600","BK4122"],"gpt_icon":0},{"id":"2519090886","title":"Cango Inc - to Fund Repurchases From Existing Cash Balance","url":"https://stock-news.laohu8.com/highlight/detail?id=2519090886","media":"THOMSON REUTERS","labels":["buyback"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519090886?lang=en_us&edition=fundamental","pubTime":"2025-03-13 18:00","pubTimestamp":1741860005,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nTUA2Z4CCZ:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"buyback","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4600","BK4214","CANG","BK4122"],"gpt_icon":0},{"id":"2517444664","title":"Cango Full Year 2024 Earnings: EPS: CN¥5.80 (vs CN¥0.31 loss in FY 2023)","url":"https://stock-news.laohu8.com/highlight/detail?id=2517444664","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517444664?lang=en_us&edition=fundamental","pubTime":"2025-03-08 22:00","pubTimestamp":1741442435,"startTime":"0","endTime":"0","summary":"Profit margin: 37% . The move to profitability was driven by lower expenses.NYSE:CANG Earnings and Revenue Growth March 8th 2025. All figures shown in the chart above are for the trailing 12 month  period. Looking ahead, revenue is forecast to grow 67% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US.The company's shares are up 4.6% from a week ago.Before we wrap up, we've discovered 1 warning sign for Cango that you should be aware of.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cango-full-2024-earnings-eps-140035817.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CANG","CN"],"gpt_icon":0},{"id":"2517198234","title":"Cango Inc (CANG) Q4 2024 Earnings Call Highlights: Surging Revenue and Strategic Shift to ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2517198234","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517198234?lang=en_us&edition=fundamental","pubTime":"2025-03-08 15:01","pubTimestamp":1741417262,"startTime":"0","endTime":"0","summary":"Total Revenue : RMB668 million, up from RMB130.2 million in Q4 2023.Automotive Trading Revenue : RMB15 million, down from RMB130.2 million in Q4 2023.Net Income : RMB55.9 million, compared to a net loss of RMB103.8 million in Q4 2023.Non-GAAP Adjusted Net Income : RMB59.2 million, compared to a non-GAAP adjusted net loss of RMB99.2 million in Q4 2023.Basic and Diluted Net Income per ADS : RMB0.54 and RMB0.48, respectively.Basic and Diluted Net Income per ADS : RMB2.88 and RMB2.57, respectively.GuruFocus has detected 5 Warning Signs with CANG.For the complete transcript of the earnings call, please refer to the full earnings call transcript.Cango Inc  has become the third largest Bitcoin miner globally, with a robust operational performance and a strategic focus on expanding computing power.Will Cango continue its automotive business after the transformation?A:  For future growth, we expect to produce around 6,000 Bitcoins annually with our current 32 EH hashrates and plan to expand to ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cango-inc-cang-q4-2024-070102350.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CANG"],"gpt_icon":0},{"id":"2517499493","title":"Cango Inc. Reports Strong Q4 Earnings with Crypto Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2517499493","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517499493?lang=en_us&edition=fundamental","pubTime":"2025-03-08 08:16","pubTimestamp":1741393008,"startTime":"0","endTime":"0","summary":"Cango Inc (($CANG)) has held its Q4 earnings call. Read on for the main highlights of the call. Cango Inc.’s recent earnings call was marked by a p...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cango-inc-reports-strong-q4-earnings-with-crypto-focus?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cango-inc-reports-strong-q4-earnings-with-crypto-focus?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CANG"],"gpt_icon":0},{"id":"2517845932","title":"Q4 2024 Cango Inc Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2517845932","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517845932?lang=en_us&edition=fundamental","pubTime":"2025-03-08 01:23","pubTimestamp":1741368199,"startTime":"0","endTime":"0","summary":"Lin Jiayuan; Chief Executive Officer, Co-Founder, Director; Cango Inc. Good morning, and good evening, everyone. Welcome to Cango Inc's fourth quarter and full year 2024 earnings conference call.  This call is also being broadcast live on the company's IR website.Joining us today is Mr. Jiayuan Lin, Chief Executive Officer; and Mr. Yongyi Zhang, Chief Financial Officer of the company. Following management's prepared remarks, we will conduct a Q&A session. Before we begin, I refer you to the safe harbor statement in the company's earnings release, which also applies to the conference call today as management will be making forward-looking statements.With that said, I'm now turning the call over to Mr. Jiayuan Lin, CEO of Cango. Please go ahead, sir.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q4-2024-cango-inc-earnings-172319462.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CANG"],"gpt_icon":0},{"id":"2517125172","title":"Cango Inc. Reports Strong 2024 Financial Turnaround","url":"https://stock-news.laohu8.com/highlight/detail?id=2517125172","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517125172?lang=en_us&edition=fundamental","pubTime":"2025-03-07 12:17","pubTimestamp":1741321068,"startTime":"0","endTime":"0","summary":"Cango Inc ( ($CANG) ) has released its Q4 earnings. Here is a breakdown of the information Cango Inc presented to its investors. Cango Inc., headqu...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cango-inc-reports-strong-2024-financial-turnaround?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cango-inc-reports-strong-2024-financial-turnaround?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4600","BK4214","CANG","BK4122"],"gpt_icon":0},{"id":"2517116688","title":"Cango Q4 Swings to Profit, Revenue Increases","url":"https://stock-news.laohu8.com/highlight/detail?id=2517116688","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517116688?lang=en_us&edition=fundamental","pubTime":"2025-03-07 05:55","pubTimestamp":1741298157,"startTime":"0","endTime":"0","summary":"Cango  reported Q4 adjusted net income late Thursday of 0.51 renminbi  per diluted American depositary share, swinging from a loss of 0.91 renminbi a year earlier.Revenue for the quarter ended Dec. 31 to 668.0 million renminbi, up from 130.2 million renminbi a year ago. Cango said the rise was due to its Bitcoin mining business launch in November 2024.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CANG"],"gpt_icon":0},{"id":"2517157461","title":"BRIEF-Cango Inc. Reports Fourth Quarter and Full Year 2024 Unaudited Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2517157461","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517157461?lang=en_us&edition=fundamental","pubTime":"2025-03-07 05:42","pubTimestamp":1741297323,"startTime":"0","endTime":"0","summary":"BRIEF-Cango Inc. Reports Fourth Quarter and Full Year 2024 Unaudited Financial ResultsMarch 6 (Reuters) - Cango Inc CANG.N:CANGO Q4 PROVISION FOR CREDIT LOSSES RMB -66.1 MILLIONCANGO Q4 REVENUE RMB 66","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250306:nPLXFBE761:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4122","CANG","BK4214","BK4600"],"gpt_icon":0},{"id":"2517111564","title":"Cango Q4 Adj $0.07 Up From $(0.13) YoY, Sales $91.52M Up From $18.34M YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2517111564","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517111564?lang=en_us&edition=fundamental","pubTime":"2025-03-07 05:35","pubTimestamp":1741296934,"startTime":"0","endTime":"0","summary":"Cango (NYSE:CANG) reported quarterly earnings of $0.07 per share. This is a 153.85 percent increase over losses of $(0.13) per share from the same period last year.  The company reported $91.52 million in sales this","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/03/44180326/cango-q4-adj-0-07-up-from-0-13-yoy-sales-91-52m-up-from-18-34m-yoy","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CANG"],"gpt_icon":0},{"id":"2517115886","title":"Cango Q4 Adjusted Net Income RMB 59.2 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2517115886","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517115886?lang=en_us&edition=fundamental","pubTime":"2025-03-07 05:30","pubTimestamp":1741296605,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250306:nPLXFBE761:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4122","BK4600","BK4214","CANG"],"gpt_icon":0},{"id":"2516689537","title":"Cango announces February production 472.7 Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=2516689537","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516689537?lang=en_us&edition=fundamental","pubTime":"2025-03-03 18:11","pubTimestamp":1740996683,"startTime":"0","endTime":"0","summary":"Cango (CANG) announced its production update for crypto mining business in February. Published first on TheFly – the ultimate source for real-time,...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/cango-announces-february-production-472-7-bitcoin?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/cango-announces-february-production-472-7-bitcoin?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4588","BK4122","BK4601","BK4594","BK4600","CANG","BK4585","BK4214"],"gpt_icon":0},{"id":"2514232552","title":"Cango Inc. to Report Fourth Quarter and Full Year 2024 Financial Results on March 6, 2025 Eastern Time","url":"https://stock-news.laohu8.com/highlight/detail?id=2514232552","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514232552?lang=en_us&edition=fundamental","pubTime":"2025-02-28 20:00","pubTimestamp":1740744000,"startTime":"0","endTime":"0","summary":"Cango's management will hold a conference call onThursday, March 6, 2025at8:00 P.M. Eastern TimeorFriday, March 7, 2025at9:00 A.M.Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers:. The replay will be accessible throughMarch 13, 2025, by dialing the following numbers:. Yihe LiuCango Inc.Tel: +86 21 3183 5088 ext.5581Email:ir@cangoonline.com. Helen WuPiacente Financial CommunicationsTel: +86 10 6508 0677Email:ir@cangoonline.com","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/cango-inc-report-fourth-quarter-120000180.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cango-inc-report-fourth-quarter-120000180.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CANG","EML","BK4600","BK4214","BK4122","BK4161"],"gpt_icon":0},{"id":"2514384317","title":"Asian Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2514384317","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514384317?lang=en_us&edition=fundamental","pubTime":"2025-02-27 23:47","pubTimestamp":1740671238,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were tracking lower Thursday morning, declining 0.80% to 2,227.65 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CANG","BK4596","LU1366334578.USD","INFY","RDY.AU","MOGU","SG9999004220.SGD","RDY","BK4551","LU0516422440.USD","WIT","LU1868837722.USD","BK4535","BK4509","BK4122","LU0528227936.USD","BK4585","LU1804176565.USD","IE00BYTNYM70.SGD","KRKR","LU0164881194.USD","SIFY","BK4115","LU1791710400.SGD","LU0516422366.SGD","SG9999002414.USD","LU0868486357.SGD","LU1046422090.SGD","LU1805238398.USD","LU0531971678.HKD","SG9999005177.SGD","SG9999013460.SGD","ICLK","XNET","BK7016","FEDU","VNET","IBN","CCM","LU0348744763.USD","TLK","HDB","SG9999002620.SGD","AFG","CCM.AU","BK4220","BK4523","LU2265009873.SGD","BK4506"],"gpt_icon":1}],"pageSize":16,"totalPage":7,"pageCount":2,"totalSize":99}]}}