Cango : Investor Presentation-EN-July 2025
CANG
Published on 07/14/2025 at 23:47
Investor Presentation
CANG
LISTE D
NYSE
Disclaimer
This presentation has been prepared by Cango Inc. (the "Company") solely for information purpose and has not been independently verified. By viewing or accessing the information contained in this material, the recipient hereby acknowledges and agrees that no representations, warranties or undertakings, express or implied, are made by the Company or any of its directors, shareholders, employees, agents, affiliates, advisors or representatives as to, and no reliance should be placed upon, the accuracy, fairness, completeness or correctness of the information or opinions presented or contained in this presentation. None of the Company or any of its directors, shareholders, employees, agents, affiliates, advisors or representatives or accept any responsibility whatsoever (in negligence or otherwise) for any loss howsoever arising from any information presented or contained in this presentation or otherwise arising in connection with the presentation. The information presented or contained in this presentation is subject to change without notice and its accuracy is not guaranteed.
Certain statements in this presentation, and other statements that the Company may make, are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of1934, as amended. These statements reflect the Company's intent, beliefs or current expectations about the future. These statements can be recognized by the use of words such as "expects," "plans," "will," "estimates," "projects," "intends," "anticipates," "believes," "confident" or words of similar meaning. These forward-looking statements are not guarantees of future performance and are based on a number of assumptions about the Company's operations and other factors, many of which are beyond the Company's control, and accordingly, actual results may differ materially from these forward-looking statements. The Company or any of its affiliates, advisers or representatives has no obligation and does not undertake to revise forward-looking statements to reflect future events or circumstances.
This presentation does not constitute an offer to sell or issue or an invitation or recommendation to purchase or subscribe for any securities of the Company for sale in the United States or anywhere else. No securities of the Company may be sold in the United States without registration with the United States Securities and Exchange Commission (the "SEC") or an exemption from such registration pursuant to the Securities Act of 1933, as amended (the "Securities Act") and the rules and regulations thereunder. No part of this presentation shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Specifically, these materials do not constitute a "prospectus" within the meaning of the Securities Act. In evaluating our business, we use certain non-GAAP measures as supplemental measures to review and assess our operating performance. These non-GAAP financial measures have limitations as analytical tools, and when assessing our operating performances, investors should not consider them in isolation, or as a substitute for net income attributable to the Company or other consolidated statement of operations data prepared in accordance with U.S. GAAP.
Transforming into a Digital Asset Leader
2025 and beyond
Expand across the digital economy value chain, both
Total Hashrate EH/s
as of3une SO, 2025
Unit: EH/s
, At Bitcoin's current 8J2
i EH/s1hashrate, Canpo's 50 i EH/s represents -6% of the network's total computing
2024 upstream and downstream power.
2OJO-2023
Launched and rapidly expanded automative business
Listed on NYSE on July 26, 2018
Began strategic transformation into the digital asset mining industry
Shift focus to 'Energy
+ Computing Power'
Acquired BTC mining assets and began scaling operations
Drive expansion of mining operations while optimizing existing facilities.
Explore investment options for self-generated power facilities
57.4
35.5
- •
On Novem Der 6, 2024, Cango entered into agreements to acquire on-rack BTC iInIng iachlnesvvlth a total Hashrate of5O EH, oeploylng 52 EH/s within aays and completing tne remaining 18 EH/s on 27 June 2025.
Witn 50 EH/s already operational, Cango is executing efficiently while DUilaing a nigh-margin revenue stream in the mining sector. Tnis rapid execution nas positioner Cango among the industry's leaving miners.
Miner A CANGO Miner B Miner C Miner D
Snapshot
A rapid ly emerging leader in institutional Bitcoin mining, Cango com bines scala ble infrastructure, operational excellence, and strategic financial discipline to maximize returns in the dynamic digital asset market.
Vertically Integrated Technology
Asset-lig ht model focused on unracked machines instead of buying new ones and finding new m ining sites or IDCs
Bitcoin Treasury
FuII "HODLˮ approach to maximize long-term appreciation as hash rate scales
Diversified Operations
50 EH/s deployed hashrate com bined at 40+ sites across 4 geographies
I. Global hashrate was 825.49 EH/s at 8:00 am GMT-8 3une 30 2025, Source: Antpool.
Based on the Bitcoin trading price at 8:00 am GMT-8 3une 30 2025, Source: Coinbase.
Cost per Coin includes energy costs and hosting fees.
SO EH/s
Deployed Hash rate as of June 3O, 2025
94%
Hash rate Efficiency in Ql 2025
O O
of Global Hash rate 1
as of June 3O, 2025
3,879.2 21.5 3/TH
BTC HODL Average Fleet Efficiency
as of June 3O, 3o2s in Q1 2025
$420.5 M 1,200 MW
Value of BTC HODL 2Total MW Hosting Capacity
as of June 3O, 2O25 as of June 3O, 2025
23.B BTC $70,602.1
Cumulative Coins cost per Coin 3
per Million ADS in Ql 2025 inQl2o25
Worldwide Hashrate and Capacity Layout
40 Sites
In 4 Geographies
1,200 MW
Total Hosting Capacity
SO EH/s
Deployed Hash rate
Disclaimer
Cango Inc. published this content on July 15, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 15, 2025 at 03:46 UTC.