Cango Inc. Announces October 2025 Bitcoin Production and Mining Operations Update

HONG KONG, Nov. 3, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today published its Bitcoin production and mining operations update for October ￰0￱ Mining Production and Mining Operations Update for October 2025 Metric October 2025 1 September 2025 1 Number of Bitcoin produced 602.6 616.6 Average number of Bitcoin produced per day 19.44 20.55 Total number of Bitcoin held 2 6412.6 5,810.0 Deployed hashrate 50 EH/s 50 EH/s Average operating hashrate 3 46.09 EH/s 44.85 EH/s 1. Unaudited, ￰1￱ of ￰2￱ over the month. Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin ￰3￱ Yu, CEO and Director of Cango, commented, "In October, we increased our average operating hashrate to over 90%, while our Bitcoin holdings surpassed the 6,000 BTC milestone, reaching a total of just over 6,400 BTC by ￰4￱ achievements highlight the operational maturity we have attained as we near the one-year mark of our strategic ￰5￱ October, we announced the termination of our ADR program and the planned direct listing of our ordinary shares on the NYSE, which we expect to complete in ￰6￱ further reinforces our commitment to operating as a U.

S.-centric ￰7￱ believe these operational and financial milestones put us in a strong position to capture value from emerging opportunities in energy and AI going forward." About Cango ￰8￱ Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East ￰9￱ Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business ￰10￱ parallel, Cango continues to operate an online international used car export business through ￰11￱ , making it easier for global customers to access high-quality vehicle inventory from ￰12￱ more information, please visit: ￰13￱ Relations Contact Juliet YE, Head of Communications Cango Inc.

Email: ir@cangoonline. com Christensen Advisory Tel: +852 2117 0861 Email: cango@christensencomms. com Disclaimer: This is a sponsored press release and is for informational purposes ￰14￱ does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.