Cango Inc. Schedule 13D Filing

This filing details a Schedule 13D for Cango Inc. concerning Class A Ordinary Shares. It is filed jointly by CHIU Chang-WEI, Fortune Peak Limited, and Evermo Limited. Mr. CHIU Chang-WEI, a director of Cango Inc., holds 100% of the voting power of Fortune Peak Limited and Evermo Limited. The Reporting Persons collectively acquired 29,975,137 Class A ordinary shares for an aggregate purchase price of US$39,567,181, funded by personal funds and working capital. This investment aims to support Cango Inc.’s expansion into AI and computing infrastructure and strengthen its balance sheet. The filing also discloses Mr. Chiu’s beneficial ownership of 49,202,508 shares, representing 11.99% of the class, and potential future shares underlying warrants and options. No other plans regarding significant corporate changes, asset sales, or control acquisition are disclosed.