Cango shareholders approve potential share consolidation plan at extraordinary meeting

CANGO INC.

CANGO INC.

CANG

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  • Cango held an extraordinary general meeting on June 24, 2026.
  • Shareholders passed a share-consolidation plan, authorizing a ratio from no consolidation up to 10-for-1, with fractional shares rounded down.
  • Shareholders also adopted a fifth amended and restated memorandum and articles of association to reflect the share consolidation once effected.
  • The board has not decided whether to execute the share consolidation, or set the final ratio or effective date.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cango Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606240600PR_NEWS_USPR_____CN91117) on June 24, 2026, and is solely responsible for the information contained therein.

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