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Home>Legitimacy and Safety

AutoCango Legitimacy and Safety

Government-registered exporter with audited payment, inspection and clearance procedures.

About AutoCango

AutoCango is the operating brand of AutoCango (Shanghai) Auto Trading Co., Ltd., a state-registered Chinese exporter focused exclusively on the international car trade.

As a subsidiary of Cango Inc. (NYSE: Cang) we inherit a parent-company compliance program covering KYC, anti-money-laundering review, sanctions screening and counterparty due diligence — making it safer than buying through individual sourcing agents.

AutoCango maintains all statutory export, customs, inspection and foreign-exchange licenses required for international vehicle commerce out of mainland China.

We minimize counterparty risk through a long list of platform-mediated controls — buyer-side escrow, milestone-based fund release, third-party inspection, document escrow, and dual-language contracting.

Through abundant technology and intelligent tools, we help buyers and sellers in the Chinese-domestic-market vehicle trade reduce friction, increase transparency and avoid the most common pitfalls of unfamiliar markets — title fraud, odometer rollback, undisclosed accident damage, dual-payment scams and shipment loss.

In short: a regulated, licensed, audited counterparty replaces the patchwork of informal arrangements that overseas buyers traditionally have to navigate.

Business Introduction and Safety

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Secure Payment Process

All buyer funds are escrowed through licensed Chinese commercial banks until the vehicle is verified, inspected and ready for shipment. Funds are released only on milestone confirmation.

Efficient Payment Verification

We confirm receipt within 24 hours of clearance and provide an official invoice plus electronic receipt — no ambiguity on what was paid, when, or to whom.

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Sale Contract and Service

Every transaction is governed by a bilingual sale contract listing VIN, condition disclosure, fee schedule and delivery terms. Sample contracts are available before signing.

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Customs Clearing Documentation

Standard export packets — Bill of Lading, Customs Export Declaration, Vehicle Title, Inspection Certificate — pre-formatted for major destination jurisdictions.

AutoCango Car Export Licenses

Shanghai Customs

Foreign Trade Registration
AEO-A 3110xxxxx

Ministry of Commerce

Auto Export License
ME-2024-xxxxx

AQSIQ

Quality Inspection
QI-CN-xxxxxx