CANG Profile
Cango Inc. operates a comprehensive automotive transaction service platform in the People's Republic of China, linking dealers, original equipment manufacturers, financial institutions, car buyers, and other stakeholders. The company’s platform offers a range of solutions designed to streamline the automobile trading process, including car sourcing, logistics, and warehousing support tailored for automotive dealers. These services aim to enhance operational efficiency and inventory management for dealers.
For car buyers, Cango provides a range of facilitation services to simplify the purchase process. This includes support in acquiring financing from various financial institutions, which helps buyers secure loans and other financial products necessary for vehicle purchases. Additionally, the company offers after-market services such as facilitating the sale of insurance policies through partnerships with insurance brokers and companies, ensuring that buyers have access to comprehensive coverage options.
Beyond its core services, Cango’s platform integrates various industry participants to create a seamless and efficient automotive transaction experience. By bridging the gap between car buyers and sellers, as well as financial and insurance service providers, the company enhances transparency and accessibility in the automotive market.
Founded in 2010 and headquartered in Shanghai, China, Cango Inc. has established itself as a key player in the automotive transaction sector. Its innovative platform and extensive network contribute to the evolution of automotive trading and financing in China, positioning the company as a pivotal facilitator in the industry.
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