[Cango Receives $10.5 Million Increase in Class B Shares from Shareholder] According to Cango Inc.'s announcement, major shareholder Enduring Wealth Capital Limited (EWCL) will subscribe to 7 million Class B ordinary shares for $10.5 million in cash, with each share carrying 20 voting rights. Upon completion of the transaction, EWCL's shareholding will increase from 2.81% to approximately 4.69%, and its voting rights will rise from 36.68% to 49.61%. The transaction is expected to be completed in January 2026, pending approval from the New York Stock Exchange.