 Cango Inc. Cango or the Company NYSE: CANG, a leading automotive transaction service platform in China, today announced the listing of its investee, Li Auto Inc. Li Auto, on the Nasdaq Global Select Market on July 30, 2020. Li Auto is an innovator in Chinas new energy vehicle market, and its initial public offering is expected to close on August 3, 2020, subject to customary closing conditions. Upon the closing of the offering, Cango will hold 39,194,413 Class A ordinary shares of Li Auto. The listing is expected to enhance the liquidity of Cangos investment in Li Auto. 