Cango Inc (NYSE:CANG)
$ 1.47 -0.09 (-5.77%) Market Cap: 153.41 Mil Enterprise Value: -65.79 Mil PE Ratio: 0 PB Ratio: 0.30 GF Score: 76/100

Q4 2019 Cango Inc Earnings Call Transcript

Mar 24, 2020 / 01:00AM GMT
Release Date Price: $5.28 (+5.29%)
Operator

Good morning, and good evening, everyone. Welcome to Cango, Inc.'s Fourth Quarter 2019 Earnings Conference Call. (Operator Instructions) This call is also being broadcast live on the company's IR website. Joining us today are Mr. Jiayuan Lin, Chief Executive Officer; and Mr. Yongyi Zhang, Chief Financial Officer of the company. (Operator Instructions)

Before we begin, I refer you to the safe harbor statement of the company's earnings release, which also applies to the conference call today as management will make forward-looking statements.

With that said, I'll now turn the call over to Mr. Jiayuan Lin, CEO of Cango. Please go ahead, sir.

Jiayuan Lin
Cango Inc. - Co-Founder, CEO & Director

(foreign language)

Caroline Li
Cango Inc. - IR Director

[Interpreted] Hello, everyone. Thank you for joining us today on Cango's Fourth Quarter 2019 Earnings Call.

Despite macroeconomic uncertainty and the downturn in China's automotive market, we ended the year on a high note, delivering

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