Cango Inc Class A

Cango subsidiary EcoHash has completed retrofitting a KI-optimized area with up to 3 megawatts capacity at the 50‑megawatt facility in Georgia and begun delivering commercial GPU compute capacity. EcoHash installed high-density containers and a first batch of GPU servers; further installations are ongoing. Early customers come from GPU-cloud platforms and AI cloud infrastructure providers, and negotiations are underway with decentralized compute networks and research labs. » Mere på de.investing.com

The NYSE confirmed that Cango’s average share price over the 30 trading days ending August 31, 2026, was above the $1.00 minimum requirement, and the matter is therefore closed. Cango was cited in March 2026 for an extended breach of the threshold and subsequently implemented a 10‑for‑1 stock split on July 20, 2026. The company operates Bitcoin mining and also runs an international used‑car export business. » Mere på de.investing.com

Cango A published the figures for the quarter ended 30 June 2026 and reported a loss per share of $1.99. Revenue fell to $50.8 million, 63.33% below last year’s $138.5 million. Compared with the year‑ago quarter, earnings per share fell sharply from -$27.330 to -$1.99. » Mere på finanzen.net