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

HONG KONG, Sept. 2, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for August ￰0￱ Mining Production and Mining Operations Update for August 2025 Metric August 2025 1 July 2025 1 Number of Bitcoin produced 663.7 650.5 Average number of Bitcoin produced per day 21.41 20.99 Total number of Bitcoin held 2 5,193.4 4,529.7 Deployed hashrate 50 EH/s 50 EH/s Average operating hashrate 3 43.74 EH/s 40.91 EH/s 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, “With our new 50 EH/s deployed capacity now fully operational since July, our average operating hashrate has increased by 6.9% ￰4￱ are also pleased to share that we mined 663.7 Bitcoins this month, propelling our Bitcoin treasury past the 5,000 ￰5￱ achievement powerfully validates our strategy and strengthens our foundation for sustainable growth.

Meanwhile, we have continued ramping up our core mining operations through targeted initiatives to boost fleet ￰6￱ includes diligent maintenance of our existing fleet to ensure consistent operations, selective upgrading of older miners to next-generation models, and our recent acquisition of a 50 MW Bitcoin mining facility in the US state of ￰7￱ ahead, we see significant potential to further optimize our operating efficiency and capture emerging opportunities in the energy and HPC sectors.” 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