Chinese Auto Fintech Cango Expands Crypto Mining Footprint with Amended Deal

Rhea-AI Filing Summary

Cango, a Chinese automotive transaction service platform, has filed a Form 6-K announcing the Fourth Amendment to their Share-Settled Crypto Mining Assets Acquisitions. The amendment was executed on June 23, 2025, with the document signed by CEO Jiayuan Lin.

This filing consists of two key exhibits:

• Exhibit 99.1: Announcement of the Fourth Amendment to Share-Settled Crypto Mining Assets Acquisitions
• Exhibit 99.2: The detailed Amendment No. 4 to the Sales and Purchase Agreement

While specific details of the amendment are not provided in the main filing, this development indicates Cango's continued involvement in crypto mining assets, representing a significant strategic direction for the company. The filing suggests potential material changes to the original acquisition terms, which could impact the company's asset structure and financial outlook.

Form 6-K: How Foreign Companies Report to the SEC →

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

 

 

 

FORM  6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2025

 

 

 

Commission File Number: 001-38590

 

 

 

CANGO INC.

 

 

 

8F, New Bund Oriental Plaza II

556 West Haiyang Road, Pudong New Area

Shanghai 200124

People’s Republic of China

(Address of principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F x Form 40-F  ¨

 

 

 

 

 

 

EXHIBIT INDEX

 

Exhibit 99.1 — Cango Inc. Announces Fourth Amendment to Share-Settled Crypto Mining Assets Acquisitions

 

Exhibit 99.2 — Amendment No. 4 to the Sales and Purchase Agreement, dated June 23, 2025

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 	CANGO INC.
 	 
 	By:	/s/ Jiayuan Lin
 	Name:	Jiayuan Lin
 	Title:	Director and Chief Executive Officer

 

Date: June 23, 2025

 

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FAQ

What is the purpose of CANG's 6-K filing from June 28, 2025?

The 6-K filing announces that Cango Inc. (CANG) has made a Fourth Amendment to their Share-Settled Crypto Mining Assets Acquisitions agreement. The amendment was dated June 23, 2025, and was filed as Exhibit 99.2 to the report.

Who signed CANG's June 2025 6-K filing?

The 6-K was signed by Jiayuan Lin, who serves as Director and Chief Executive Officer of Cango Inc.

What exhibits were included in CANG's June 2025 6-K filing?

The filing included two exhibits: Exhibit 99.1 - Cango Inc. Announces Fourth Amendment to Share-Settled Crypto Mining Assets Acquisitions, and Exhibit 99.2 - Amendment No. 4 to the Sales and Purchase Agreement, dated June 23, 2025.

Where is CANG's principal executive office located?

Cango Inc.'s principal executive office is located at 8F, New Bund Oriental Plaza II, 556 West Haiyang Road, Pudong New Area, Shanghai 200124, People's Republic of China.

What type of annual reports does CANG file with the SEC?

According to the filing, Cango Inc. files annual reports under Form 20-F, as indicated by the marked checkbox in the document.