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

Q3 2021 Cango Inc Earnings Call Transcript

Nov 23, 2021 / 01:00AM GMT
Release Date Price: $3.79 (-9.98%)
Operator

Good morning and good evening, everyone. Welcome to Cango Inc's. Third Quarter 2021 Earnings Conference Call. (Operator Instructions) The call is also being broadcasted live on the company's IR website.

Joining us today are Mr. Jiayuan Lin, Chief Executive Officer; and Mr. Michael 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 make forward-looking statements.

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

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

[Interpreted] Hello, everyone, and welcome to Cango's Third Quarter 2021 Earnings Call.

The ongoing shortage of automotive chips and other key auto components continue to severely restrict global car production and sales in the third quarter. In addition, a resurgence of the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot