Cango Sets 10-for-1 Share Consolidation Effective July 20 with New CUSIP
CANG•CANG•CANG•CANG•Cango Inc. will consolidate its Class A and B ordinary shares on a 10-for-1 basis effective 5:00 P.M. ET July 20, 2026, with post-consolidation trading commencing July 21 under new CUSIP G1820C110. Authorized capital remains US$100,000 across 100M shares (92.07M Class A, 7.93M Class B); fractional shares will be cancelled.
Cango Inc. will consolidate all issued and outstanding Class A and B ordinary shares on a 10-for-1 basis effective 5:00 P.M. ET July 20, 2026. Post-consolidation shares will begin trading July 21, 2026 under the existing ticker and new CUSIP G1820C110.
The authorized share capital remains US$100,000 divided into 100 million ordinary shares, comprising 92,067,428 Class A and 7,932,572 Class B shares at a par value of US$0.001. No fractional shares will be issued; any resulting fractions will be rounded down and cancelled, returning them to the pool of unissued shares.
