The Board of Directors of Cango recently received a preliminary non-binding letter of intent from a company established in the country.
The directors of the company are Mr. Dal Mas, Mr. Yu, and Ms. Anggun Mulia Fortunata.
The Board formed a special committee consisting of its three independent directors to assess and consider the Letter of Intent and the Proposed Transactions.
The Board cautions the Company's shareholders and others considering trading the Company's securities that the Board has not had an opportunity to carefully review or evaluate the proposals set forth in the Letter of Intent or perform sufficient due diligence on the directors.
About Cango Inc.
Cango has deployed its mining operation across a number of locations.
There is a safe harbor statement.
The United States Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements.
Contact investor relations
Email protected: YiheLiuCango Inc.Tel: +86 21 3183 5088 ext.5581
Helen WuPiacente Financial Communications is located in China.
Cango Inc. is the source.
Cango is a leading mining company with an automotive transaction service in China.
Cango is a leading mining company with an automotive transaction service in China.
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Source prnewswire