Cango Inc (NYSE:CANG)
$ 4.92 -0.28 (-5.38%) Market Cap: 542.67 Mil Enterprise Value: 18.17 Mil PE Ratio: 19.05 PB Ratio: 1.06 GF Score: 53/100
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Q4 2021 Cango Inc Earnings Call Transcript

Mar 11, 2022 / 01:00AM GMT
Release Date Price: $2.66 (-11.33%)
Operator

Good morning, and good evening, everyone, and welcome to Cango, Inc.'s Fourth Quarter and Full Year 2021 Earnings Conference Call. (Operator Instructions) This call is also being broadcast live on the company's Investor Relations website. Joining us today are Mr. Jiayuan Lin, Chief Executive Officer; and Mr. Michael Zhang, Chief Financial Officer of the company. Following management's prepared remarks, we will conduct a Q&A session.

Before we begin, I refer you to the safe harbor statement in the company's earnings release, which also implies to the conference today as management will make forward-looking statements.

With that being said, I am now turning the call over to Mr. Jiayuan Lin, CEO of Cango. Please go ahead, sir.

Jiayuan Lin
Cango Inc. - Co-Founder, CEO & Director

[Interpreted] Hi, everyone. Welcome to Cango's Q4 and Full Year 2021 Earnings Call. During 2021, the COVID-19 pandemic and volatile global political and economic environment posed many challenges to individuals, businesses and society at large. The automotive

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