SHANGHAI, Oct. 11, 2022 /PRNewswire/ — Cango Inc. (NYSE:CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced that its Board of Directors has approved and declared a special cash dividend of US$0.5 per ordinary share (or US$1 per American depositary share) on its outstanding shares, to be paid on November 23, 2022 (Eastern Time) to shareholders of record as of the close of trading on October 24, 2022 (Eastern Time).