By Doug Young & Juliet Ye

Cango’s (CANG.US) public relations and investor relations director Juliet Ye details the company’s strategic pivot to transform from a pure-play crypto miner into an integrated energy and high-performance computing (HPC) platform. The multi-phase strategy leverages Cango’s existing energy and computing infrastructure as a foundation to build a more diverse business model with revenues from mining, AI client services, and energy trading.

About China Inc

China Inc by Bamboo Works discusses the latest developments on Chinese companies listed in Hong Kong and the United States to drive informed decision-making for investors and others interested in this dynamic group of companies.

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Minimax does AI

BRIEF: MiniMax shares soar in Hong Kong debut

Shares of AI company MiniMax Group Inc. (0100.HK) jumped in their Hong Kong trading debut on Friday, after it raised HK$4.6 billion ($590 million) by selling 29 million shares to…
MiniMax does AI

BRIEF: Lingbao Gold profit more than doubles

Gold miner Lingbao Gold Group Co. Ltd. (0330.HK) on Thursday said its 2025 net profit more than doubled last year to between 1.5 billion yuan ($215 million) and 1.57 billion yuan, up 115% to…