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 2023 Cango Inc Earnings Call Transcript

Mar 12, 2024 / 01:00AM GMT
Release Date Price: $1.58 (+1.94%)
Operator

Good morning and good evening, everyone. Welcome to Cango Inc.'s fourth quarter and fiscal year 2023 earnings conference call. At this time, all participants are in a listen-only mode. 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. Yongyi 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 am now turning the call over to Mr. Jiayuan Lin, CEO of Cango. Please go ahead, sir.

Lin Jiayuan
Cango Inc - Chief Executive Officer, Co-Founder, Director

(interpreted) Hello, everyone, and welcome to Cango's fourth-quarter 2023 earnings call.

2023 proved to be a year of resilience in the face of headwinds. While a long-term economic recovery remained on the

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