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

Q4 2022 Cango Inc Earnings Call Transcript

Mar 10, 2023 / 01:00AM GMT
Release Date Price: $1.27 (-3.05%)
Operator

Good morning, and good evening, everyone. Welcome to Cango, Inc.'s Fourth Quarter and Full Year 2022 Earnings Conference Call. (Operator Instructions) This call is also being broadcast live on the company's IR 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 the Q&A session. Before we begin, I refer you to the safe harbor statement in the company's earnings release, which also applies to the conference call today as management will be making forward-looking statements.

With that said, I'm 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] Hello, everyone, and welcome to Cango's fourth quarter and full year 2022 earnings call. 2022 was a challenging year. Multiple headwinds, including COVID pandemic, supply chain disruptions and chip shortages, continue to create significant uncertainties in the

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