Uxin Ltd (UXIN)

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Uxin Announces Adoption of Rule 10b5-1 Purchase Plan by Entity Controlled by Chairman and CEOJuly 1, 2026 5:00 AM
PR Newswire (US) BEIJING, July 1, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), a leading used car retailer in China, today announced that the Company has been informed by Mr. Kun Dai, chairman of the board of directors and chief executive officer of the Company, that Xin Gao Group Limited, an entity controlled by Mr. Kun Dai, has entered into a pre-arranged trading plan on June 30, 2026 to purchase up to US$5 million of the Company's American Depositary Shares under his share purchase plan previously announced on June 18, 2026. The plan is required to satisfy the affirmative defense provided by Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The plan was adopted in accordance with the Company's insider trading policy. Under the plan, purchases will be executed only if and when the purchase price is no more than US$2.85 per American Depositary Share, among other conditions. To satisfy the 90-day cooling-off period requirement by Rule 10b5-1 under the Securities Exchange Act of 1934, purchases under the plan are authorized to commence on September 28, 2026.About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.Safe Harbor StatementThis press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Uxin's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Uxin's goal and strategies; its expansion plans and successful completion of certain financing transactions; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing.For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co View original content:https://www.prnewswire.com/news-releases/uxin-announces-adoption-of-rule-10b5-1-purchase-plan-by-entity-controlled-by-chairman-and-ceo-302815593.htmlSOURCE Uxin Limited Original: Uxin Announces Adoption of Rule 10b5-1 Purchase Plan by Entity Controlled by Chairman and CEO

Uxin Announces Closing of US$15 Million Investment from Parties Designated by NIO Capital under Previously Announced Share Subscription AgreementsJune 29, 2026 6:00 AM
PR Newswire (US) BEIJING, June 29, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), a leading used car retailer in China, today announced that the Company and parties designated by NIO Capital have completed the subscription for, and issuance of, Class A ordinary shares of the Company for an aggregate purchase price of US$15 million, at a purchase price of US$0.00953 per Class A ordinary share (equivalent to US$2.859 per American depositary share). This amount represents a portion of the US$20 million committed by affiliates of NIO Capital under the previously announced share subscription agreements entered into on December 26, 2025 with affiliates of NIO Capital and Prestige Shine Group Limited (collectively, the "Investors") (the "Share Subscription Agreements").  Under the Share Subscription Agreements, affiliates of NIO Capital agreed to invest US$20 million and Prestige Shine Group Limited agreed to invest US$30 million in the Company, for an aggregate of 5,246,589,717 Class A ordinary shares and aggregate consideration of US$50 million at a purchase price of US$0.00953 per Class A ordinary share (equivalent to US$2.859 per American depositary share).The Company and the Investors are actively working toward closing the remaining committed investment under the Share Subscription Agreements, subject to the satisfaction of customary closing conditions.  About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.Safe Harbor StatementThis press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Uxin's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the risk and uncertainties as to the timing of the consummation of the transactions; the risk that certain closing conditions of the transactions may not be satisfied on a timely basis, or at all; Uxin's goal and strategies; its expansion plans and successful completion of certain financing transactions; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing.For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co View original content:https://www.prnewswire.com/news-releases/uxin-announces-closing-of-us15-million-investment-from-parties-designated-by-nio-capital-under-previously-announced-share-subscription-agreements-302813022.htmlSOURCE Uxin Limited Original: Uxin Announces Closing of US$15 Million Investment from Parties Designated by NIO Capital under Previously Announced Share Subscription Agreements

Uxin Addresses Investors' Most Frequently Asked Questions on Industry Outlook and Growth StrategyJune 23, 2026 6:00 AM
PR Newswire (US) BEIJING, June 23, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), a leading used car retailer in China, today released an investor FAQ addressing frequently asked questions regarding the outlook for China's used car industry, Uxin's business model, growth strategy, operating performance and capital resources.Understanding Uxin: 10 Questions Investors Ask Most OftenI. Industry Outlook1. Does China's used car industry still have significant long-term growth potential?Yes. China's used car market remains in the early stages of a long-term growth cycle, supported by the country's large vehicle ownership base and evolving purchasing preferences.China has the world's largest vehicle ownership base, currently totaling approximately 370 million vehicles, with nearly 20 million vehicles added annually. In 2025, China recorded approximately 34.4 million new vehicle sales, while used vehicle transactions reached 20.1 million units, representing total transaction value of RMB1.3 trillion. The used-to-new vehicle sales ratio was approximately 0.6:1, while used car transactions relative to vehicle ownership (used vehicle transaction volume divided by vehicle ownership) stood at approximately 5.5%, significantly below levels observed in mature automotive markets.In mature markets such as the United States, Japan, and Germany, used car transactions relative to vehicle ownership typically range between 10% and 15%. China's vehicle ownership continues to expand, and used car transactions relative to vehicle ownership are gradually moving toward levels seen in mature markets. As a result, annual used car transaction volume is expected to exceed 50 million units, more than twice the current level of roughly 20 million units. As China's automotive market shifts from a new vehicle sales-driven market to one centered on its vehicle ownership base, used cars are expected to become one of the most important and fastest-growing segments within the automotive circulation system.2. Since the beginning of 2026, China's new car market has remained under pressure. How should we view its impact on the used car industry?Since the beginning of 2026, China's new car market has seen a significant slowdown. During the first five months of the year, new passenger vehicle sales declined by approximately 20%, with internal combustion engine (ICE) vehicles facing even greater pressure. In both April and May, ICE vehicle sales fell by more than 35% year over year. China's used car market performed largely in line with expectations during the first quarter. However, beginning in the second quarter, the rapid decline in both new vehicle sales and pricing led to a correction in used vehicle prices. Prices for mainstream used ICE vehicles declined by approximately 10%–15% within two months.In the short term, the rapid decline in used ICE vehicle prices has pressured inventory and gross margins across the used car industry, while demand has remained resilient. During the first five months of 2026, used car transaction volume still increased by roughly 2%, significantly outperforming the new car segment. This suggests that demand for used vehicles has not disappeared; what has changed is the industry's pricing framework.From a longer-term perspective, we view the current market correction as an important indication that China's used car market is becoming more mature. Essentially, it represents a one-time revaluation of residual values and a recalibration of the industry's pricing framework. Over the past several years, the residual value of a three-year-old used vehicle in China, measured against current new vehicle prices, was generally around 68% to 72%, well above levels observed in mature markets such as the United States, Europe, and Japan. Following the recent adjustment, that figure has declined to approximately 58%–60%, bringing it closer to levels seen in mature markets.The U.S. automotive industry experienced a similar cycle during the global financial crisis from 2007 to 2009. New vehicle sales declined by roughly 35%, and many new car dealerships and used car retailers went out of business. However, leading independent used car retailers emerged stronger from the downturn, delivering years of sustained growth in sales volume, profitability, and market share.We believe that industry adjustments often lead to a reshaping of the competitive landscape. Once the current volatility in China's automotive market eases, the country's large vehicle ownership base, the still-low level of used car transactions relative to vehicle ownership compared with developed markets, and consumers' growing demand for value-for-money vehicles will continue to support the long-term growth of the used car industry.II. The Uxin Model3. What differentiates Uxin's warehouse-style superstore model from traditional used car dealerships?The core distinction of Uxin's model lies in applying a modern retail model to transform used car transactions.China's used car industry remains highly fragmented. There are more than 500,000 used car dealers nationwide, and over 90% maintain inventory of fewer than 30 vehicles. Over 90% of used car transactions are completed by these small dealers. Under the traditional model, consumers often face opaque vehicle conditions, inconsistent pricing, uneven service quality, and limited after-sales support, making used car purchasing a highly uncertain experience.Uxin addresses these pain points through an integrated model that combines large-scale superstores with self-operated reconditioning factories. By leveraging large-scale owned inventory, standardized inspection and reconditioning processes, professional customer service, and comprehensive after-sales support, Uxin transforms used car purchasing from a marketplace experience into a warehouse-style retail experience. The model offers three key advantages:First, business model innovation. Uxin adopts a fully integrated "factory-warehouse-retail" model that centrally manages vehicle sourcing, inspection, reconditioning, warehousing, sales, and after-sales service. Compared with traditional dealerships, this structure provides Uxin substantially greater control over vehicle quality and operational execution. The average time from vehicle acquisition to completion of reconditioning and listing for sale is typically less than three days, more than 50% faster than industry averages. Reconditioning costs at Uxin's self-operated factories are below RMB1,000 per vehicle and continue to benefit from economies of scale. Traditional dealers primarily generate revenue from vehicle price spreads and financing commissions. In contrast, Uxin's self-operated reconditioning factories and superstores provide a full lifecycle suite of automotive services, including financing, insurance, extended warranties, accessories, maintenance, repairs, and after-sales support, resulting in a more diversified revenue mix.Second, data-driven operations. Used vehicles are inherently non-standardized products, making pricing accuracy a critical determinant of inventory turnover and profitability. Uxin has developed proprietary pricing models based on real transaction data and machine learning algorithms, enabling continuous optimization of sourcing, pricing, sales, and inventory management. As retail transaction volume expands, additional real transaction data will further enhance the pricing system, allowing Uxin to identify market changes more quickly and maintain real-time competitiveness in both vehicle acquisition and sales. This forms the foundation for Uxin's large-scale vehicle operations and represents a key differentiator from traditional dealers.Third, enhanced customer experience. Uxin superstores are designed as regional landmark retail destinations for used cars, offering broader vehicle selection, more standardized vehicle condition information, more professional services, and comprehensive after-sales support. As a result, customers enjoy a purchasing experience that is closer to standardized retail. Uxin has consistently maintained a Net Promoter Score (NPS) above 65, while in-store sales conversion rates exceeded 40% at mature superstores. As brand awareness and customer trust continue to build, superstores typically become the preferred destination for used car buyers in their local markets after one year of operation, generating increasing levels of organic traffic and referrals.Ultimately, Uxin differs from traditional used car dealers not only in scale, but also in its reconditioning capabilities, digital capabilities, and superstore experience, transforming non-standardized used car transactions into a more transparent, efficient, and trusted modern retail business.4. How does Uxin manage pricing, inventory and margin pressure in a rapidly changing market environment?Uxin's primary approach is to leverage its data-driven pricing capabilities, quickly adjust pricing strategies, and maintain disciplined high inventory turnover.In the used car industry, the greatest risk from price volatility comes from inventory depreciation. When inventory turnover slows, declining vehicle prices can continuously erode gross margins. Uxin is able to rapidly adjust retail pricing, vehicle acquisition pricing, and inventory mix in response to market changes, allowing the Company to clear inventory affected by price fluctuations more efficiently while maintaining inventory turnover of approximately 30 days.Uxin's digital pricing capabilities are a key driver of its high inventory turnover. The Company has built a proprietary pricing system based on data-driven models and continuously trains its algorithms using self-generated real retail transaction data. As transaction volume increases, the system becomes more effective at identifying market shifts, helping the Company maintain real-time competitiveness in both vehicle sourcing and retail pricing.In the first quarter of 2026, despite the seasonal impact of the Chinese New Year holiday, retail transaction volume reached 16,530 units, up 119% year over year and marking the eighth consecutive quarter of more than 110% year-over-year growth. This demonstrates Uxin's ability to sustain strong sales growth and rapid inventory turnover even during periods of market volatility. Uxin expects retail transaction volume for the first half of 2026 to increase by more than 100% year over year, achieving an important milestone toward its full-year retail transaction volume growth target of over 100%.Unlike the new car market, used car retailers can continuously adjust acquisition pricing based on prevailing market conditions, allowing margins to gradually normalize. The decline in used car prices during the second quarter, particularly for ICE vehicles, has created short-term pressure on profitability across the industry. However, the market will eventually establish a new equilibrium between acquisition and retail pricing. As older inventory is cleared, gross profit on newly acquired inventory has already begun to recover. Uxin expects gross margin in the third quarter to rebound meaningfully compared with the second quarter.5. Is Uxin's model more similar to CarMax or Carvana? What are the similarities and differences compared with leading U.S. used car retailers?Uxin shares certain core characteristics with both CarMax and Carvana, while also incorporating features tailored to the unique dynamics of the Chinese market.The most significant difference lies in sales channels. Carvana operates primarily as an online-only used car retailer, while CarMax, despite expanding its digital capabilities, continues to rely on a nationwide network of large-scale retail stores. Uxin operates through both offline warehouse-style superstores and its nationwide online marketplace.This approach is better aligned with the current stage of China's used car market. Vehicle purchases represent a larger portion of household spending in China, and consumers tend to be more cautious when purchasing used vehicles. As a result, many buyers still prefer to inspect vehicles in person, take test drives, and experience the services before making a purchase. At the same time, as consumers become more familiar with the used car purchasing process and as repeat purchases and referral-driven transactions continue to grow, the proportion of online transactions is expected to increase over time. Uxin's online transaction contribution has improved from 10% in its early years to 30% today.Therefore, Uxin's model is expected to evolve through several stages. In the first stage, offline warehouse-style superstores establish consumer trust by addressing key pain points in used car transactions, including opaque vehicle conditions, inconsistent customer experiences, and limited after-sales support. In the second stage, as consumer behavior shifts online, more transactions will migrate from offline experiences to online decision-making and online purchases. Ultimately, AI and digital capabilities will be embedded across every core aspect of the business, including vehicle sourcing, pricing, reconditioning, inventory, sales, and after-sales service, positioning Uxin as an AI-driven intelligent used car retailer.At the same time, Uxin shares several important similarities with leading U.S. used car retailers. First, all three companies operate an owned-inventory model supported by large-scale reconditioning systems. By maintaining strict control over every aspect of business operations, per-unit operating costs are reduced while inventory turnover efficiency is improved.Second, all three companies place significant emphasis on pricing capabilities. As used cars are non-standardized products, pricing accuracy is a critical determinant of inventory turnover and profitability. Carvana's annual retail transaction volume is approximately 600,000 units, while CarMax sells approximately 800,000 units annually. Uxin expects retail transaction volume to reach approximately 100,000 units in 2026. Real transaction data serves as the foundation for pricing models and represents an important source of scale advantages and competitive differentiation. As Uxin's retail transaction volume continues to grow, its pricing capabilities are expected to further strengthen.Third, customer satisfaction and brand reputation remain key priorities for all three companies. Carvana has consistently maintained high NPS, while Uxin reported an NPS of 68 in the first quarter of 2026 and has maintained industry-leading levels for multiple consecutive quarters. Strong customer experiences not only enhance brand trust but also drive organic store traffic and referrals.As a result, Uxin is not simply replicating either CarMax or Carvana. Instead, the Company has developed a warehouse-style superstore model that combines the trust of offline retail with the efficiency of online channels, creating a model specifically designed for China's used car market.6. How does Uxin select new markets, and what are its superstore expansion plans?Uxin evaluates new markets primarily based on vehicle ownership, used car transaction activity, regional influence, and project execution feasibility.Uxin operated 5 superstores as of the end of 2025. Following the opening of the Tianjin superstore in March 2026, the total number of operating superstores increased to six. Uxin expects to open 4 to 6 superstores during 2026.The long-term expansion opportunity is supported by the scale of China's automotive market. With vehicle ownership already exceeding 350 million vehicles nationwide, China offers a large number of cities capable of supporting large-scale superstores. Uxin evaluates market potential primarily based on local vehicle ownership and target market share.For example, in a city with approximately 500,000 vehicles, if used car transactions relative to vehicle ownership reaches 10%-15%, annual used car transaction volume could range from 50,000 to 80,000 units. Based on the more than 20% market share already achieved by mature Uxin superstores, a single superstore could support annual transaction volume exceeding 10,000 units and inventory capacity of approximately 1,000 units.Applying this logic, more than 30 cities in China have vehicle ownership exceeding 3 million vehicles and could support superstores with inventory capacity of more than 5,000 units. More than 70 cities have vehicle ownership exceeding 1 million vehicles and could support superstores with inventory capacity above 2,000 units. Over 100 cities have vehicle ownership exceeding 500,000 vehicles and could support superstores with inventory capacity above 1,000 units. Over the long term, Uxin can operate in more than 200 cities nationwide, supporting annual retail sales potential exceeding 3 million vehicles.Uxin's five-year objective is to operate more than 50 superstores and achieve annual retail transaction volume exceeding 1 million units by 2030. Management will continue to adjust expansion pace based on market conditions, capital availability, and staffing to ensure high-quality and sustainable expansion.III. Single-Store Operational Results7. Has Uxin validated the profitability of its single-store model?Yes. Uxin has successfully validated the economics of its single-store model, with its Xi'an superstore serving as an example.Xi'an was Uxin's first superstore and began operations in December 2022. As the Company's initial pilot superstore, it was designed to validate every key component of the business model, including vehicle sourcing, pricing, large-scale reconditioning, inventory management, sales conversion, and customer service.The Xi'an Superstore has now reached maturity. During peak months in 2025, monthly sales volume reached approximately 2,700 units, accounting for approximately 25% of local market share, while achieving profitability at the store level. Sales conversion rates for in-store customers exceed 40%. Online sales contribution has increased from 10% during the early stages of operation to 30% today, while NPS has consistently remained above 65. These results demonstrate that the superstore model can achieve both scale and profitability once sales volume reaches sufficient levels.Based on the success of the Xi'an Superstore, Uxin has entered a nationwide replication phase. New superstores are ramping up significantly faster than the Xi'an Superstore, further validating the model's scalability and replicability.8. Compared with earlier locations, how are new superstores performing in terms of sales ramp-up, revenue growth and profitability improvement?Newer superstores are reaching maturity significantly faster than earlier locations.The Xi'an and Hefei superstores primarily served as projects to develop and validate the superstore model. Sales ramp-up at newly opened locations, including Wuhan, Zhengzhou, Jinan, and Tianjin superstores, is substantially faster than that of earlier superstores. The Wuhan Superstore, which opened in March 2025, surpassed 1,000-unit monthly sales volume within approximately six months of opening and achieved market share of nearly 10%. The Zhengzhou Superstore, which opened in September 2025, exceeded 1,000-unit monthly sales volume within approximately four months and achieved market share of nearly 5%. As inventory continues to increase, both sales volume and market share at Uxin superstores are expected to improve further. The Company's long-term objective is to achieve market share above 20% in cities where it operates warehouse-style superstores.The faster ramp-up of new superstores is primarily attributed to four factors. First, the Company's sourcing, pricing, and inventory management systems have become increasingly sophisticated, allowing superstores to establish optimal inventory mix more quickly. Second, sales and operating teams have become highly standardized, enabling new locations to replicate proven operating practices. Third, growing brand awareness has accelerated customer acquisition and trust-building in new markets. Finally, Uxin has gained substantial experience in site selection and project evaluation and has been able to secure better locations for new superstores given current real estate market conditions.From a profitability perspective, new superstores still require upfront investments in facilities, staffing, and inventory, and profitability typically lags sales growth. As sales volume, inventory turnover, gross margins, and operating efficiency improve, new superstores will gradually move closer to the performance levels of mature locations.IV. Capital Resources9. How does Uxin finance the expansion of its warehouse-style superstore network?The capital required for Uxin's warehouse-style superstore model primarily consists of three categories: superstore construction and pre-opening expenditures, vehicle inventory capital, and ongoing operating capital. A new superstore generally requires approximately US$10 million of investment, of which roughly US$2.5 million is allocated to equipment purchases, facility renovation, and pre-opening preparation, while approximately US$7.5 million is used for vehicle inventory and operating capital.Uxin's funding for expansion comes from multiple sources, including operating cash flow generated by mature superstores, inventory financing, equity financing, and other financing arrangements. During the current nationwide expansion phase, the Company expects to continue utilizing equity financing and other external capital sources to support new superstore openings. Meanwhile, inventory financing can cover approximately 2/3 of vehicle acquisition costs, significantly reducing the Company's own capital required to support inventory growth. As profitability at mature superstores continues to improve, every two mature superstores can support the opening of one additional superstore per year. As the number of mature superstores increases, operating cash flow is expected to become an increasingly important source of funding for expansion.10. What is the status of Uxin's financing activities, and does it have sufficient capital to support the next phase of expansion?Uxin's financing activities continue to progress alongside its nationwide expansion strategy.As of June 22, 2026, Uxin had approximately US$40 million of signed equity subscription commitments that had not yet closed. Management expects these proceeds to be funded according to plan. Based on the Company's current liquidity position and expected financing proceeds, management believes existing financing arrangements are sufficient to support planned superstore openings and business development initiatives throughout 2026. At the same time, Uxin continues to pursue additional financing opportunities to support broader nationwide expansion beginning in 2027 and beyond.The Company will adjust project launches in response to market conditions to maintain a disciplined balance among expansion pace, inventory scale, operating expenses, and single-store performance.-----------
Sources: Industry and market data are based on the Ministry of Public Security of China, the China Automobile Dealers Association (CADA), and other publicly available information.About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.Safe Harbor StatementThis press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Uxin's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the risk and uncertainties as to the timing of the entry into definitive agreements or consummation of the transactions; the risk that certain closing conditions of the transactions may not be satisfied on a timely basis, or at all; Uxin's goal and strategies; its expansion plans and successful completion of certain financing transactions; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing.For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co View original content:https://www.prnewswire.com/news-releases/uxin-addresses-investors-most-frequently-asked-questions-on-industry-outlook-and-growth-strategy-302807584.htmlSOURCE Uxin Limited Original: Uxin Addresses Investors' Most Frequently Asked Questions on Industry Outlook and Growth Strategy

Uxin Announces Management Share Purchase PlanJune 18, 2026 6:45 AM
PR Newswire (US) BEIJING, June 18, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), a leading used car retailer in China, today announced that the Company has been informed by Mr. Kun Dai, chairman of the board of directors and chief executive officer of the Company, that based on his confidence in the Company's value and long-term business prospects, he intends to use his personal funds to purchase up to an aggregate of US$5 million of Uxin's American Depositary Shares ("ADSs") in the 12-month period starting from June 25, 2026, pursuant and subject to applicable rules and regulations and Uxin's insider trading policy."The recent slowdown in China's new vehicle market has created headwinds for China's used car industry. However, this environment underscores the resilience and differentiated strengths of Uxin's business model. Uxin's data-driven operating model enables industry-leading inventory turnover capabilities for it. As the industry further consolidates, companies like Uxin with proven scale advantages are well positioned to capture more market share. I am confident that Uxin will emerge from this cycle with a stronger competitive position and greater market share," said Mr. Dai.Mr. Dai continued, "China's used car market is a trillion-RMB market with substantial long-term growth potential. Uxin's current plan is to operate 50 superstores and achieve annual transaction volume exceeding one million units by 2030. I firmly believe that the Uxin's principal shareholders, as committed long-term value investors, share my strong conviction in the prospects of China's used car industry and in Uxin's long-term business plan. This share purchase plan reflects my confidence in the Uxin's intrinsic value and its future growth trajectory. Uxin will remain focused on delivering value to our customers and achieving high-quality growth, driving the transformation and upgrading of China's used car industry and delivering long-term value for its consumers and shareholders."About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.Safe Harbor StatementThis press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Uxin's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the risk and uncertainties as to the timing of the entry into definitive agreements or consummation of the transactions; the risk that certain closing conditions of the transactions may not be satisfied on a timely basis, or at all; Uxin's goal and strategies; its expansion plans and successful completion of certain financing transactions; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing.For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co View original content:https://www.prnewswire.com/news-releases/uxin-announces-management-share-purchase-plan-302804244.htmlSOURCE Uxin Limited Original: Uxin Announces Management Share Purchase Plan

Uxin Reports Unaudited Financial Results for the Quarter Ended March 31, 2026June 16, 2026 3:00 AM
PR Newswire (US) BEIJING, June 16, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced its unaudited financial results for the quarter ended March 31, 2026.Highlights for the Quarter Ended March 31, 2026Transaction volume was 18,211 units for the three months ended March 31, 2026, representing a decrease of 15.8% from 21,634 units in the last quarter and an increase of 120.4% from 8,264 units in the same period last year.Retail transaction volume was 16,530 units, representing a decrease of 13.7% from 19,160 units in the last quarter and an increase of 119.1% from 7,545 units in the same period last year.Total revenues were RMB1,073.7 million (US$155.6 million) for the three months ended March 31, 2026, representing a decrease of 10.4% from RMB1,197.9 million in the last quarter and an increase of 112.9% from RMB504.2 million in the same period last year.Gross margin was 7.0% for the three months ended March 31, 2026, compared with 6.8% in the last quarter and 7.0% in the same period last year.Loss from operations was RMB66.6 million (US$9.7 million) for the three months ended March 31, 2026, compared with RMB58.7 million in the last quarter and RMB35.3 million in the same period last year.Non-GAAP adjusted EBITDA[1] was a loss of RMB34.3 million (US$5.0 million), compared with a loss of RMB27.2 million in the last quarter and a loss of RMB8.9 million in the same period last year.[1] This is a non-GAAP measure. We believe non-GAAP measures help investors and users of our financial information understand the effect of adjusting items on our selected reported results and provide alternate measurements of our performance, both in the current period and across periods. See our Financial Supplement, furnished as Exhibit 99.1 to our Current Report on Form 6-K on June 16, 2026 with the SEC, "Unaudited Reconciliations of GAAP And Non-GAAP Results" for a reconciliation and additional information on non-GAAP measures.Mr. Kun Dai, Founder, Chairman and Chief Executive Officer of Uxin, commented, "In the first quarter of 2026, despite the seasonal impact of the Chinese New Year holiday, our retail transaction volume still reached 16,530 units, up 119% year over year, marking the eighth consecutive quarter of year-over-year growth above 110%. We also maintained a high quality of growth across our business. Our inventory turnover days for vehicles available for sale remained stable at approximately 30 days, gross margin stayed stable, and our net promoter score (NPS) further improved to 68, and customer satisfaction and brand reputation remain at industry-leading levels."Mr. Dai continued, "In March, our Tianjin Superstore commenced operations, bringing the number of superstores in operation to six. With the continued ramp-up of our existing superstores and the planned opening of additional superstores, we remain confident in achieving retail transaction volume growth of more than 100% year over year for full-year 2026."Mr. Feng Lin, Chief Financial Officer of Uxin, stated, "In the first quarter of 2026, retail transaction volume and revenue experienced a normal sequential decline due to the Chinese New Year holiday season, while our overall business achieved a strong year-over-year growth. Total revenue reached RMB1.07 billion, up 113% year over year. In particular, our retail vehicle sales revenue was RMB1.01 billion, representing a 118% increase year over year. Gross margin was 7.0%, an improvement of 0.2% from the prior quarter. The non-GAAP adjusted EBITDA loss was RMB34.3 million for the first quarter, primarily reflecting the upfront investments associated with the ramp-up of new superstores and the continued build-out of our superstore teams. As our existing superstores continue to mature, we expect the operating leverage to improve over time, supporting continued growth in both revenue and profitability."Financial Results for the Quarter Ended March 31, 2026Total revenues were RMB1,073.7 million (US$155.6 million) for the three months ended March 31, 2026, representing a decrease of 10.4% from RMB1,197.9 million in the last quarter and an increase of 112.9% from RMB504.2 million in the same period last year. The quarter-over-quarter decrease was mainly due to the decrease in retail vehicle sales revenue. The year-over-year increase was mainly due to the increase in retail vehicle sales revenue.Retail vehicle sales revenue was RMB1,015.0 million (US$147.1 million) for the three months ended March 31, 2026, representing a decrease of 10.1% from RMB1,129.0 million in the last quarter and an increase of 118.0% from RMB465.5 million in the same period last year. For the three months ended March 31, 2026, retail transaction volume was 16,530 units, representing a decrease of 13.7% from 19,160 units last quarter and an increase of 119.1% from 7,545 units in the same period last year. The quarter-over-quarter decrease in retail vehicle sales revenue was mainly due to the decrease in retail transaction volume resulting from seasonality. The Chinese New Year holiday lasted from February 15 to 23 in 2026, which is the traditional used car off-season. The year-over-year increase was mainly due to the increase in retail transaction volume by 119.1%, the rapid growth in sales volume was primarily driven by the Company's new superstores in Wuhan, Zhengzhou and Jinan, which commenced trial operations in February, September and December 2025, respectively. Additionally, our established superstores in Xi'an and Hefei continued to deliver robust growth.Wholesale vehicle sales revenue was RMB27.9 million (US$4.0 million) for the three months ended March 31, 2026, compared with RMB38.2 million in the last quarter and RMB22.5 million in the same period last year. For the three months ended March 31, 2026, wholesale transaction volume was 1,681 units, representing a decrease of 32.1% from 2,474 units last quarter and an increase of 133.8% from 719 units in the same period last year. Wholesale vehicle sales represent vehicles purchased by the Company from individuals that do not meet the Company's retail standards and are subsequently sold through online and offline channels.Other revenue was RMB30.8 million (US$4.5 million) for the three months ended March 31, 2026, compared with RMB30.7 million in the last quarter and RMB16.2 million in the same period last year.Cost of revenues was RMB998.6 million (US$144.8 million) for the three months ended March 31, 2026, compared with RMB1,117.0 million in the last quarter and RMB468.9 million in the same period last year.Gross margin was 7.0% for the three months ended March 31, 2026, compared with 6.8% in the last quarter and 7.0% in the same period last year. The Company's gross margin remained relatively stable.Total operating expenses were RMB142.1 million (US$20.6 million) for the three months ended March 31, 2026. Total operating expenses excluding the impact of share-based compensation were RMB132.6 million.Sales and marketing expenses were RMB115.8 million (US$16.8 million) for the three months ended March 31, 2026, representing a decrease of 5.3% from RMB122.3 million in the last quarter and an increase of 87.6% from RMB61.7 million in the same period last year. The quarter-over-quarter decrease was mainly due to the decreased salaries for the sales teams. The year-over-year increase was mainly due to the increased employee compensation for the sales teams as a result of the increase in headcount.General and administrative expenses were RMB23.4 million (US$3.4 million) for the three months ended March 31, 2026, representing an increase of 2.7% from RMB22.8 million in the last quarter and an increase of 27.5% from RMB18.3 million in the same period last year. The year-over-year increase was mainly due to the increased employee compensation as a result of the increase in superstores.Research and development expenses were RMB2.9 million (US$0.4 million) for the three months ended March 31, 2026, representing a decrease of 12.2% from RMB3.3 million in the last quarter and an increase of 1.0% from RMB2.9 million in the same period last year. The quarter-over-quarter decrease was mainly due to the impact of share-based compensation expenses.Other operating income, net was RMB0.5 million (US$0.1 million) for the three months ended March 31, 2026, compared with RMB8.8 million for the last quarter and RMB11.9 million in the same period last year. The decrease was mainly due to the decline of gains from derecognition of certain long-aged liabilities.Loss from operations was RMB66.6 million (US$9.7 million) for the three months ended March 31, 2026, compared with RMB58.7 million in the last quarter and RMB35.3 million in the same period last year.Interest expenses were RMB23.9 million (US$3.5 million) for the three months ended March 31, 2026, compared with RMB24.7 million in the last quarter and RMB22.5 million in the same period last year.Net loss from operations was net loss of RMB91.6 million (US$13.3 million) for the three months ended March 31, 2026, compared with net loss of RMB82.8 million in the last quarter and net loss of RMB51.4 million in the same period last year.Non-GAAP adjusted EBITDA was a loss of RMB34.3 million (US$5.0 million) for the three months ended March 31, 2026, compared with a loss of RMB27.2 million in the last quarter and a loss of RMB8.9 million in the same period last year.LiquidityThe Company has incurred net losses since inception. For the quarter ended March 31, 2026, the Company incurred net loss of RMB91.6 million. As of March 31, 2026, the Company had accumulated deficit in the amount of RMB20.0 billion, its current liabilities exceeded current assets by approximately RMB156.1 million, the Company's cash balance was RMB47.4 million. Based on the Company's liquidity assessment, which considers the plans to address these adverse conditions and events, including raising funds from planned equity and loan financings, growing vehicle sales volume and revenue by increasing the scale of vehicle purchase while maintaining vehicle inventory and working capital turnover by managing reasonable vehicle sale prices, improving gross profit margin by promoting value-added services offered to customers, and also adjusting its operation scale if and when necessary, the Company believes that its current cash and cash equivalents and the cash flows from operating and financing activities are sufficient for the Company to meet its anticipated working capital requirements, other capital commitments and the Company will be able to meet its payment obligations when liabilities fall due within the next twelve months from the date of this release.Recent DevelopmentStrategic Partnership with Shijiazhuang State-Owned EnterpriseThe Company has entered into an equity investment agreement with Hebei Chengying Investment Promotion Operation Co., Ltd. ("Hebei Chengying") to establish a subsidiary of the Company. Pursuant to the equity agreement, Uxin (Anhui) Industrial Investment Group Co., Ltd., a wholly owned subsidiary of the Company, will contribute RMB30.0 million, and Hebei Chengying will contribute RMB10.0 million, representing approximately 75% and 25% of the subsidiary's total registered capital, respectively.Chongqing Used Car Superstore ProjectOn May 21, 2026, Uxin announced the launch of a new used car superstore project in Chongqing. The project will integrate a large-scale used car reconditioning facility with a one-stop retail experience, featuring a total capacity of more than 5,000 vehicles for display and sale. The superstore is expected to begin operations in 2026 and further strengthen Uxin's strategic presence in southwestern China.Business OutlookFor the three months ended June 30, 2026, the Company expects its retail transaction volume to range between 18,000 units and 19,000 units. The Company estimates that its total revenues including retail vehicle sales revenue, wholesale vehicle sales revenue and other revenue to range between RMB1,050 million and RMB1,100 million. These forecasts reflect the Company's current and preliminary views on the market and operational conditions, which are subject to changes.Conference CallUxin's management team will host a conference call Tuesday, June 16, 2026, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this conference including an event passcode, a unique access PIN, dial-in numbers, and an e-mail with detailed instructions to join the conference call.Conference Call Preregistration:https://dpregister.com/sreg/10209737/1042ec49cecA telephone replay of the call will be available after the conclusion of the conference call until June 23, 2026. The dial-in details for the replay are as follows:U.S.:+1 855 669 9658International:+1 412 317 0088Replay PIN:3285335A live webcast and archive of the conference call will be available on the Investor Relations section of Uxin's website at http://ir.xin.com.About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline superstores with inventory capacities ranging from 2,000 to 8,000 vehicles. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of China's used car industry.Use of Non-GAAP Financial Measures In evaluating the business, the Company considers and uses certain non-GAAP measures, including Adjusted EBITDA and adjusted net loss from operations per share – basic and diluted, as supplemental measures to review and assess its operating performance. The presentation of the non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company defines Adjusted EBITDA as EBITDA excluding share-based compensation, foreign exchange (losses)/gain, other income/(expenses), structure realignment cost which was mainly severance cost and equity in income of affiliates. The Company defines adjusted net loss attributable to ordinary shareholders per share – basic and diluted as net loss attributable to ordinary shareholders per share excluding impact of share-based compensation, deemed dividend to preferred shareholders due to triggering of a down round feature and accretion on redeemable non-controlling interests. The Company presents the non-GAAP financial measures because they are used by the management to evaluate the operating performance and formulate business plans. The Company also believes that the use of the non-GAAP measures facilitate investors' assessment of its operating performance as this measure excludes certain finance or non-cash items that the Company does not believe directly reflect its core operations. The Company believe that excluding these items enables us to evaluate our performance period-over-period more effectively and relative to our competitors.The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using Adjusted EBITDA is that it does not reflect all items of income and expenses that affect the Company's operations. Share-based compensation, other income/(expenses) and foreign exchange (losses)/gain have been and may continue to be incurred in the business. Further, the non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating the Company's performance. The Company encourages you to review its financial information in its entirety and not rely on a single financial measure.Reconciliations of Uxin's non-GAAP financial measures to the most comparable U.S. GAAP measure are included at the end of this press release.Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars ("US$") at specified rates solely for the convenience of the reader, except for those transaction amounts that were actually settled in U.S. dollars. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB6.8980 to US$1.00, representing the index rate as of March 31, 2026 set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all.Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Uxin's strategic and operational plans, contain forward-looking statements. Uxin may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Uxin's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Uxin's goal and strategies; its expansion plans; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its products and services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry and other related industries; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Uxin's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Uxin does not undertake any obligation to update any forward-looking statement, except as required under applicable law.For investor and media enquiries, please contact: Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co 

Uxin Limited 

Unaudited Consolidated Statements of Comprehensive Loss

(In thousands except for number of shares and per share data)








For the three months ended March 31,

2025
2026

RMB
RMB
US$Revenues





Retail vehicle sales
465,518
1,014,958
147,138Wholesale vehicle sales   Others
22,54716,164
27,88530,811
4,0424,467Total revenues
504,229
1,073,654
155,647






Cost of revenues
(468,888)
(998,609)
(144,768)Gross profit
35,341
75,045
10,879






Operating expenses





Sales and marketing
(61,703)
(115,784)
(16,785)General and administrative 
(18,334)
(23,383)
(3,390)Research and development
(2,899)
(2,928)
(424)Reversal of credit losses, net
395
-
-Total operating expenses
(82,541)
(142,095)
(20,599)






Other operating income, net
11,948
456
66






Loss from operations
(35,252)
(66,594)
(9,654)






Interest income
7
11
2Interest expenses
(22,542)
(23,923)
(3,468)Other income
6,285
457
66Other expenses
(655)
(1,288)
(187)Foreign exchange gains/(losses)
776
(280)
(41)Loss before income tax expense
(51,381)
(91,617)
(13,282)Income tax expense
-
-
-Equity in loss of affiliates, net of tax   
-
-
-Net loss, net of tax
(51,381)
(91,617)
(13,282)Add: net profit attribute to redeemable non-
controlling interests and non-controlling interests shareholders
(1,690)
(6,409)
(929)Net loss attributable to UXIN LIMITED
(53,071)
(98,026)
(14,211)Deemed dividend to preferred shareholders due to
triggering of a down round feature
-
-
-Net loss attributable to ordinary shareholders
(53,071)
(98,026)
(14,211)






Net loss
(51,381)
(91,617)
(13,282)Foreign currency translation,  net of tax nil
75
597
87






Total comprehensive loss
(51,306)
(91,020)
(13,195)Add: net profit attribute to redeemable non-
controlling interests and non-controlling interests
shareholders
(1,690)
(6,409)
(929)Total comprehensive loss attributable to UXIN
LIMITED
(52,996)
(97,429)
(14,124)






Net loss attributable to ordinary shareholders
(53,071)
(98,026)
(14,211)Weighted average shares outstanding - basic
58,275,586,722
66,443,917,277
66,443,917,277Weighted average shares outstanding - diluted
58,275,586,722
66,443,917,277
66,443,917,277






Net loss per share for ordinary shareholders, basic
(0.00)
(0.00)
(0.00)Net loss per share for ordinary shareholders, diluted
(0.00)
(0.00)
(0.00) Uxin LimitedUnaudited Consolidated Balance Sheets (In thousands except for number of shares and per share data)








As of December 31,
As of March 31,

2025
2026
RMB
RMB
US$ASSETS





Current assets





Cash and cash equivalents
83,006
47,359
6,866Restricted cash
71
71
10Accounts receivable, net
4,613
3,326
482Other receivables, net of provision for credit
losses of RMB14,105 and RMB14,082 as of
December 31, 2025 and March 31, 2026,
respectively
23,186
24,882
3,607Inventory, net
545,554
422,137
61,197Prepaid expenses and other current assets
87,466
91,450
13,257Total current assets
743,896
589,225
85,419






Non-current assets





Property, equipment and software, net
85,447
86,119
12,485Finance lease right-of-use assets, net
1,319,087
1,312,177
190,226Operating lease right-of-use assets, net 
270,325
240,899
34,923Total non-current assets
1,674,859
1,639,195
237,634






Total assets
2,418,755
2,228,420
323,053






LIABILITIES, MEZZANINE EQUITY AND
SHAREHOLDERS' DEFICIT





Current liabilities





Accounts payable
65,009
60,479
8,768Other payables and other current liabilities
291,338
275,943
40,002Current portion of operating lease liabilities
35,842
33,323
4,831Current portion of finance lease liabilities
187,541
60,755
8,808Short-term borrowings from third parties
397,161
314,831
45,641Total current liabilities
976,891
745,331
108,050






Non-current liabilities





Long-term borrowings from third parties
10,000
10,000
1,450Finance lease liabilities
1,081,322
1,098,678
159,275Operating lease liabilities
245,373
223,004
32,329Total non-current liabilities
1,336,695
1,331,682
193,054






Total liabilities
2,313,586
2,077,013
301,104






Mezzanine equity





Redeemable non-controlling interests  (i)
336,057
470,211
68,166Total Mezzanine equity
336,057
470,211
68,166






Shareholders' deficit





Ordinary shares (ii)
45,922
45,929
6,658Additional paid-in capital (ii)
19,370,282
19,379,788
2,809,479Subscription receivable from shareholders (ii)
(21,165)
(21,165)
(3,068)Accumulated other comprehensive income
234,630
235,227
34,101Accumulated deficit
(19,860,557)
(19,958,583)
(2,893,387)Total Uxin's shareholders' deficit
(230,888)
(318,804)
(46,217)Non-controlling interests
-
-
-Total shareholders' deficit
(230,888)
(318,804)
(46,217)






Total liabilities, mezzanine equity and
shareholders' deficit
2,418,755
2,228,420
323,053






(i)  On October 16, 2024, the Company, through Uxin Anhui, entered into an agreement with Wuhan Junshan Urban Asset Operation
Co.,Ltd. ("Wuhan Junshan"), a company indirectly controlled by Wuhan City Economic & Technological Development Zone, to establish a
subsidiary, Wuhan Youxin Intelligent Remanufacturing Co., Ltd. ("Uxin Wuhan"). Uxin Anhui will contribute RMB66.7 million and Wuhan
Junshan will contribute RMB33.3 million, representing approximately 66.7% and 33.3% of Uxin Wuhan's total registered capital,
respectively. As of March 31, 2026, the Company and Wuhan Junshan each made contributions of RMB26.0 million to Uxin Wuhan,
respectively, and the investment from Wuhan Junshan was recognized as redeemable non-controlling interests.On July 8, 2024, the Company, through Uxin Anhui, entered into a strategic partnership with Zhengzhou Airport Automobile Industry Co.,
Ltd. ("Zhengzhou Airport Industry") to establish Youxin (Zhengzhou) Automobile Intelligent Remanufacturing Co., Ltd. ("Uxin
Zhengzhou"). Pursuant to the equity investment agreement, Uxin Anhui will contribute RMB120.0 million and Zhengzhou Airport Industry
will contribute RMB50.0 million, representing approximately 70.59% and 29.41% of Uxin Zhengzhou's total registered capital,
respectively. As of March 31, 2026, the Company and Zhengzhou Airport Industry made contributions of RMB30.0 million and RMB12.5
million to Uxin Zhengzhou, respectively, and the investment from Zhengzhou Airport Industry was recognized as redeemable non-
controlling interests.On September 20, 2023, the Company entered into an equity investment agreement with Hefei Construction Investment. Pursuant to the
agreement, Hefei Construction Investment will invest by multiple instalments in Uxin Hefei, and each instalment will be made after the
lease payment is made by the Hefei subsidiary, over a 10-year period. As of March 31, 2026, the first-year, second-year and third-year
rentals of approximately RMB147.1 million, RMB127.7 million and RMB127.7 million was converted into the investment of
approximately 12.02%, 8.40% and 6.92% equity interests in Uxin Hefei by Hefei Construction Investment, respectively. The investment
was recognized as redeemable non-controlling interests.(ii) On December 18, 2025, the Company entered into a definitive agreement with Abundant Grace Investment Limited, an entity affiliated
with Mr. Bin Li, a director of the Company. Pursuant to the definitive agreement, Abundant Grace Investment Limited agreed to purchase
1.2 billion of our Class A Ordinary Shares at a price of US$0.00833 per Class A Ordinary Share (equivalent to US$2.5 per ADS) for an
aggregate consideration of US$10 million, which is expected to be paid in multiple installments. As of March 31, 2026, Abundant Grace
Investment Limited has fulfilled its payment obligations in an aggregate amount of US$7.0 million of the total US$10.0 million purchase
price. The Company has completed the full issuance and delivery of all the aforesaid subscribed Class A Ordinary Shares, and is entitled
to a remaining subscription receivable of US$3.0 million due from Abundant Grace Investment Limited. The remaining US$3.0 million
was recorded in "Subscription receivable from shareholders" as of March 31, 2026.On December 26, 2025, the Company entered into definitive share subscription agreements with Abundant Glory Investment L.P.(affiliates
of NIO Capital) and Prestige Shine Group Limited. Pursuant to the definitive agreements, Abundant Glory Investment L.P. and Prestige
Shine Group Limited agreed to purchase 5,246,589,717 Class A ordinary shares of the Company with par value of US$0.0001 per share at
a price of US$0.00953 per Class A ordinary share for a total consideration of US$50 million. In substance, the Company issued two
forward contracts to Abundant Glory Investment L.P. and Prestige Shine Group Limited, as Abundant Glory Investment L.P. and Prestige
Shine Group Limited are obligated to purchase the shares, and the Company is required to issue them upon the satisfaction of the closing
conditions at the pre-agreed price and amount which shall be a deemed dividend to the forward contract holder recorded in the additional
paid-in capital. In addition, given that these forward contracts are considered indexed to the Company's own stock and meet the
requirement for equity classification, these forward contracts were also classified under the Company's equity and was initially measured
at fair value amounting to US$4.5 million (equivalent to approximately RMB31.3 million) with no subsequent remeasurement.As of the date of this release, affiliates of NIO Capital have designated Gold Wings Holdings Limited as the subscriber for a portion of its
investment. The Company received US$10.0 million from Gold Wings Holdings Limited and issued 1,049,317,943 Class A ordinary
shares to Gold Wings Holdings Limited. The closing of the remaining portion of the transaction is subject to customary closing conditions. * Share-based compensation charges included are as follows:










For the three months ended March 31,

2025
2026

RMB
RMB
US$Sales and marketing
1,166
1,279
185General and administrative
8,025
7,872
1,141Research and development
617
361
52 



Uxin Limited



Unaudited Reconciliations of GAAP And Non-GAAP Results 

(In thousands except for number of shares and per share data)















For the three months ended March 31,

2025
2026

RMB
RMB
US$Net loss, net of tax
(51,381)
(91,617)
(13,282)






Add: Income tax expense
-
-
-Interest income
(7)
(11)
(2)Interest expenses
22,542
23,923
3,468Depreciation
16,593
22,780
3,302EBITDA
(12,253)
(44,925)
(6,514)






Add: Share-based compensation expenses
9,808
9,512
1,378- Sales and marketing
1,166
1,279
185- General and administrative
8,025
7,872
1,141- Research and development
617
361
52Other income
(6,285)
(457)
(66)Other expenses
655
1,288
187Foreign exchange (gains)/losses
(776)
280
41






Non-GAAP adjusted EBITDA
(8,851)
(34,302)
(4,974)








For the three months ended March 31,

2025
2026

RMB
RMB
US$Net loss attributable to ordinary shareholders
(53,071)
(98,026)
(14,211)Add: Share-based compensation expenses
9,808
9,512
1,378- Sales and marketing
1,166
1,279
185- General and administrative
8,025
7,872
1,141- Research and development
617
361
52Add: accretion on redeemable non-controlling
interests
1,688
6,409
929Deemed dividend to preferred shareholders
due to triggering of a down round feature
-
-
-






Non-GAAP adjusted net loss attributable to
ordinary shareholders
(41,575)
(82,105)
(11,904)






Net loss per share for ordinary shareholders -
basic
(0.00)
(0.00)
(0.00)Net loss per share for ordinary shareholders -
diluted
(0.00)
(0.00)
(0.00)Non-GAAP adjusted net loss to ordinary
shareholders per share - basic and diluted
(0.00)
(0.00)
(0.00)Weighted average shares outstanding - basic
58,275,586,722
66,443,917,277
66,443,917,277Weighted average shares outstanding - diluted
58,275,586,722
66,443,917,277
66,443,917,277
Note: The conversion of Renminbi (RMB) into U.S. dollars (USD) is based on the certified exchange rate of USD1.00
= RMB6.8980 as of March 31, 2026 set forth in the H.10 statistical release of the Board of Governors of the Federal
Reserve System.  View original content:https://www.prnewswire.com/news-releases/uxin-reports-unaudited-financial-results-for-the-quarter-ended-march-31-2026-302801230.htmlSOURCE Uxin Limited Original: Uxin Reports Unaudited Financial Results for the Quarter Ended March 31, 2026

Uxin to Report First Quarter 2026 Financial Results on June 16, 2026June 9, 2026 6:30 AM
PR Newswire (US) BEIJING, June 9, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced that it will release its financial results for the first quarter 2026 ended March 31, 2026, before the U.S. market opens on June 16, 2026.Uxin's management team will host a conference call on Tuesday, June 16, 2026, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this conference including an event passcode, a unique access PIN, dial-in numbers, and an e-mail with detailed instructions to join the conference call.Conference Call Preregistration: https://dpregister.com/sreg/10209737/1042ec49cecA telephone replay of the call will be available after the conclusion of the conference call until June 23, 2026. The dial-in details for the replay are as follows:U.S.:  + 1-855-669-9658International:  +1 412 317 0088Replay PIN: 3285335A live webcast and archive of the conference call will be available on the Investor Relations section of Uxin's website at http://ir.xin.com/.About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co View original content:https://www.prnewswire.com/news-releases/uxin-to-report-first-quarter-2026-financial-results-on-june-16-2026-302795101.htmlSOURCE Uxin Limited Original: Uxin to Report First Quarter 2026 Financial Results on June 16, 2026

Uxin Enters into Joint Venture Agreement with Shijiazhuang State-Owned EnterpriseJune 2, 2026 4:15 AM
PR Newswire (US) BEIJING, June 2, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), a leading used car retailer in China, today announced a strategic partnership with Hebei Chengying Investment Promotion Operation Co., Ltd. ("Hebei Chengying") to establish Uxin (Shijiazhuang) Automobile Maintenance Co., Ltd. (the "Joint Venture"), aiming to support the Company's plan to establish a new used car superstore in Shijiazhuang. Pursuant to the Joint Venture Agreement, Uxin (Anhui) Industrial Investment Group Co., Ltd. ("Uxin Anhui"), a wholly-owned subsidiary of the Company, will contribute RMB30.0 million, and Hebei Chengying will contribute RMB10.0 million to the Joint Venture, respectively, representing approximately 75% and 25% of the Joint Venture's total registered capital, respectively.The establishment of the Joint Venture reflects an important collaboration between Uxin and state-owned enterprises in Shijiazhuang, aimed at promoting the development of the automotive aftermarket industry across North China and building a leading brand in China's used car industry.Mr. Wenbing Jing, President of Uxin, stated: "As the capital of Hebei Province, Shijiazhuang is a major hub in the coordinated development of the Beijing-Tianjin-Hebei region. With a population exceeding 11 million and more than 4 million registered vehicles, the city presents substantial opportunities for growth in the used car and automotive aftermarket sectors. By leveraging Uxin's capabilities in supply chain management, digital operations, and standardized services, we plan to establish the Shijiazhuang Superstore as a regional used car circulation and service hub serving Hebei, Tianjin, and the broader Beijing-Tianjin-Hebei market. We believe this initiative will further improve the used car purchasing experience for consumers throughout North China."About Uxin Uxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.Safe Harbor StatementThis press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Uxin's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the risk and uncertainties as to the timing of the entry into definitive agreements or consummation of the transactions; the risk that certain closing conditions of the transactions may not be satisfied on a timely basis, or at all; impact of the COVID-19 pandemic; Uxin's goal and strategies; its expansion plans and successful completion of certain financing transactions; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing.For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co View original content:https://www.prnewswire.com/news-releases/uxin-enters-into-joint-venture-agreement-with-shijiazhuang-state-owned-enterprise-302788220.htmlSOURCE Uxin Limited Original: Uxin Enters into Joint Venture Agreement with Shijiazhuang State-Owned Enterprise

Uxin Announces Launch of New Used Car Superstore Project in ChongqingMay 21, 2026 3:00 AM
PR Newswire (US) BEIJING, May 21, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced the launch of a new used car superstore project in Chongqing. The project will integrate a large-scale used car reconditioning facility with a one-stop retail experience, featuring a total capacity of more than 5,000 vehicles for display and sale. The superstore is expected to begin operations in 2026.Chongqing, one of China's four municipalities under the direct administration of the State Council of China, serves as a core city of the Chengdu-Chongqing Economic Circle and a major transportation hub in western China. With a population of more than 30 million and over 6 million registered vehicles, Chongqing provides significant growth opportunities for the used car market and the broader automotive aftermarket industry.Having successfully expanded its large-scale used car superstores to six major regional cities across China, Uxin has demonstrated its ability to standardize and replicate its retail model nationwide. The Chongqing superstore is expected to further strengthen the Company's strategic presence in southwestern China and create synergies with its existing nationwide superstore network, enhancing its service coverage across key western China markets.Mr. Wenbing Jing, President of Uxin, commented: "Chongqing offers unique geographic advantages connecting southwestern, northwestern, and central China, as well as the Yangtze River Economic Belt. Supported by a strong automotive consumer base and an active used car market, Chongqing plays a key role in our broader strategic expansion across southwestern China. Leveraging Chongqing's solid industrial foundation and favorable policy support, we aim to provide consumers with a reliable, high-quality, and value-for-money one-stop used car purchasing experience, while contributing to the standardized and quality development of Chongqing's used car industry."About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline superstores with inventory capacities ranging from 2,000 to 8,000 vehicles. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of China's used car industry.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Uxin's strategic and operational plans, contain forward-looking statements. Uxin may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Uxin's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Uxin's goal and strategies; its expansion plans; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its products and services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry and other related industries; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Uxin's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Uxin does not undertake any obligation to update any forward-looking statement, except as required under applicable law.For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co View original content:https://www.prnewswire.com/news-releases/uxin-announces-launch-of-new-used-car-superstore-project-in-chongqing-302778653.htmlSOURCE Uxin Limited Original: Uxin Announces Launch of New Used Car Superstore Project in Chongqing

Uxin Reports Unaudited Financial Results for the Quarter and Full Year Ended December 31, 2025April 10, 2026 2:00 AM
PR Newswire (US)

BEIJING, April 10, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced its unaudited financial results for the quarter and full year ended December 31, 2025.
Dear Shareholders,On behalf of Uxin Limited, I would like to express my sincere gratitude for your continued interest and support. It is my pleasure to share with you our key achievements over the past year, along with our insights into the business and outlook for the future.China's vehicle ownership has approached 370 million units, forming a large and growing base that continues to unlock significant potential for vehicle recirculation. In 2025, used car transaction volume in China exceeded 20 million units for the first time, accounting for approximately 5.5% of total vehicle ownership, well below the 10% to 15% level typically seen in more mature markets. As this percentage rises toward that level, annual used car transaction volume could reach 35 million to 50 million units based on current vehicle ownership alone.Consumer expectations for products, services and overall experience in the used car industry continue to rise. We have observed that consumers are no longer satisfied with availability alone and increasingly value transparency in vehicle condition, fair pricing, professional service, and reliable after-sales support. We believe that in this trillion-RMB market, which remains at an early stage of development, those who can systematically address these pain points will be well positioned to lead the transformation and upgrading of China's used car industry.Against this backdrop, Uxin is redefining used car transactions through a modern retail approach. We leverage our advanced self-operated reconditioning factories to ensure vehicle quality and provide one-stop purchasing experience and comprehensive after-sales support through our offline superstores and online marketplace. As a result, buying and selling used cars could become as simple, transparent, and trustworthy as purchasing standardized retail products.In 2025, despite continued intense price competition in the new car market, which created challenges for the used car industry, our business maintained strong growth momentum. Our full-year retail transaction volume reached 51,110 units, up 135% year over year, marking the second consecutive year of more than 130% growth. Total revenues reached RMB3.24 billion, representing a 79% increase year over year. Meanwhile, as both inventory and sales continued to scale up, our inventory turnover days for vehicles available for sale remained stable at approximately 30 days.During the year, we also began large-scale replication and nationwide expansion of our superstore model. Building on our existing superstores in Hefei and Xi'an, we opened three new superstores in Wuhan, Zhengzhou and Jinan, establishing a scalable operating system that can be replicated across regions. Our mature superstores in Xi'an and Hefei continued to ramp up, each achieving over 20% market share in their respective cities. Wuhan, as the first replicated superstore after our model had been validated, delivered stronger sales growth and profitability than our earlier superstores at the same stage. Zhengzhou and Jinan superstores further improved upon Wuhan's performance.These achievements are supported by core capabilities that we have built over time and continue to strengthen. First, our pricing capability continues to evolve. We have accumulated the industry's largest set of real transaction data from our self-operated used car sales, and this data continues to grow, roughly doubling each year. This enables our pricing model to become increasingly precise. Our digital systems respond rapidly to market changes, allowing us to maintain real-time pricing competitiveness on both sourcing and sales. As a result, we are well positioned to navigate industry volatility and systematically improve vehicle-level profitability while sustaining high inventory turnover efficiency.Second, we have built an innovative integrated factory-warehousing-retail business model. Each of our superstores is supported by a used car reconditioning factory, forming China's largest, most advanced and most efficient supply system for high-quality used vehicles. We have established scalable advantages over traditional dealers in quality control, reconditioning efficiency and cost optimization. Leveraging the reconditioning capabilities at our self-operated factories, we have expanded the used car service value chain and are able to provide full lifecycle vehicle services, including financing, insurance, extended warranties, accessories, and repair and maintenance services, similar to those offered by new car dealers. Compared with traditional used car dealers that primarily offer financing services, our revenue streams are more diversified, with greater potential for profitability improvement.Meanwhile, most of our superstores carry inventory of more than 2,000 vehicles and serve as a landmark used car retail destination in its local market. Landmark superstores help build customer trust. Through our in-store service, vehicle display and experience design, customers can enjoy a professional, transparent, and trustworthy retail experience at our superstores. Our Net Promoter Score has reached 67, and customer satisfaction and brand reputation remain at industry-leading levels. We believe that our sales conversion efficiency, together with our ability to generate organic traffic through strong word-of-mouth, provides us with significant advantages over traditional used car dealers.We clearly see that Uxin is advancing rapidly along a validated and continuously strengthening development path. Looking ahead to 2026, we will continue to increase inventory and sales across our existing five superstores, and we plan to open a number of new superstores during the year, further strengthening our nationwide network. Based on these plans, we expect both our full-year retail transaction volume in 2026 and total revenues to grow by more than 100%.The modernization of China's used car industry has only just begun, and Uxin is positioned to benefit from a significant market opportunity. We also recognize that truly sustainable growth is not simply about speed, but is built on the coordinated improvement of scalability, operational efficiency and customer value. We will remain focused on delivering better products and more professional services to our customers, while driving higher standards for solutions across the industry and creating long-term value for our shareholders. Kun Dai
Chairman and Chief Executive Officer of UxinHighlights for the Quarter Ended December 31, 2025Transaction volume was 21,634 units for the three months ended December 31, 2025, an increase of 36.0% from 15,904 units in the last quarter and an increase of 129.2% from 9,439 units in the same period last year.Retail transaction volume was 19,160 units for the three months ended December 31, 2025, an increase of 36.7% from 14,020 units in the last quarter and an increase of 124.0% from 8,554 units in the same period last year.Total revenues were RMB1,197.9 million (US$171.3 million) for the three months ended December 31, 2025, an increase of 36.2% from RMB879.3 million in the last quarter and an increase of 100.7% from RMB596.8 million in the same period last year.Gross margin was 6.8% for the three months ended December 31, 2025, compared with 7.5% in the last quarter and 7.0% in the same period last year.Loss from operations was RMB58.7 million (US$8.4 million) for the three months ended December 31, 2025, compared with RMB36.5 million in the last quarter and RMB73.4 million in the same period last year.Non-GAAP adjusted EBITDA[1] was a loss of RMB27.2 million (US$3.9 million) for the three months ended December 31, 2025, compared with a loss of RMB5.3 million in the last quarter and a gain of RMB2.0 million in the same period last year.[1] This is a non-GAAP measure. The Company believes that the non-GAAP measures help investors and users of our financial information understand the effect of adjusting items on our selected reported results and provide alternate measurements of its performance, both in the current period and across periods. See "Use of Non-GAAP Financial Measures" and "Unaudited Reconciliations of GAAP And Non-GAAP Results" contained in this press release for a reconciliation and additional information on non-GAAP measures.Highlights for the Full Year Ended December 31, 2025Transaction volume was 57,408 units for the full year ended December 31, 2025, an increase of 119.6% from 26,148 units in the prior year.Retail transaction volume was 51,110 units for the full year ended December 31, 2025, an increase of 134.7% from 21,773 units in the prior year.Total revenues were RMB3,239.7 million (US$463.3 million) for the full year ended December 31, 2025, an increase of 78.6% from RMB1,814.4 million in the prior year.Gross margin was 6.7% for the full year ended December 31, 2025, compared with 6.8% in the prior year.Loss from operations was RMB173.6 million (US$24.8 million) for the full year ended December 31, 2025, compared with RMB284.4 million in the prior year.Non-GAAP adjusted EBITDA was a loss of RMB57.9 million (US$8.3 million) for the full year ended December 31, 2025, compared with RMB80.8 million in the prior year.Mr. Feng Lin, Chief Financial Officer of Uxin, stated: "Our financial performance this quarter continued to demonstrate strong momentum. In the fourth quarter, our retail transaction volume reached 19,160 units, representing a 124% year-over-year increase, while total revenue reached RMB1.198 billion, up 101% year over year. For the full year of 2025, retail transaction volume reached 51,110 units, representing a 135% year-over-year increase, and total revenue reached RMB3.24 billion, up 79% year over year. This strong performance reflects high-quality growth driven by the continued replication of our superstore model, sustained inventory turnover efficiency, and ongoing improvements in our operating capabilities. As promotional activities in China's new-car market intensified in December, and as newly opened superstores typically operate at lower margins in their early stages, our gross margin and non-GAAP adjusted EBITDA were under pressure during the quarter. We view these as normal short-term fluctuations that do not affect our overall growth trajectory. Looking ahead, with inventory and sales continuing to ramp up at our existing superstores and additional superstores coming into operation, we aim to grow both our retail transaction volume and total revenue by more than 100% in 2026."Financial Results for the Quarter Ended December 31, 2025Total revenues were RMB1,197.9 million (US$171.3 million) for the three months ended December 31, 2025, representing an increase of 36.2% from RMB879.3 million in the last quarter and an increase of 100.7% from RMB596.8 million in the same period last year. The increases were mainly due to the increase in retail vehicle sales revenue.Retail vehicle sales revenue was RMB1,129.0 million (US$161.4 million) for the three months ended December 31, 2025, representing an increase of 37.8% from RMB819.1 million in the last quarter and an increase of 104.1% from RMB553.1 million in the same period last year. For the three months ended December 31, 2025, retail transaction volume was 19,160 units, representing an increase of 36.7% from 14,020 units last quarter and an increase of 124.0% from 8,554 units in the same period last year. The increases in retail vehicle sales revenue were mainly due to the increase in retail transaction volume. By offering quality products and services, the Company believes that its superstores have earned customer trust and established Uxin as the well-recognized brand in the regional markets where these superstores are located, leading to a high in-store customer conversion rate. Our established superstores in Xi'an and Hefei continued to deliver robust growth. Additionally, the rapid growth in sales volume was primarily driven by the Company's new superstores in Wuhan, Zhengzhou and Jinan, which commenced trial operations in February, September and December 2025, respectively. The Wuhan superstore continued to achieve strong sales growth, and the Zhengzhou superstore recorded rapid growth in both inventory levels and sales volume, while the Jinan superstore is ramping up its initial sales momentum.Wholesale vehicle sales revenue was RMB38.2 million (US$5.5 million) for the three months ended December 31, 2025, compared with RMB33.2 million in the last quarter and RMB25.5 million in the same period last year. For the three months ended December 31, 2025, wholesale transaction volume was 2,474 units, representing an increase of 31.3% from 1,884 units last quarter and an increase of 179.5% from 885 units in the same period last year. Wholesale vehicle sales represent vehicles purchased by the Company from individuals that do not meet the Company's retail standards and are subsequently sold through online and offline channels.Other revenue was RMB30.7 million (US$4.4 million) for the three months ended December 31, 2025, compared with RMB27.0 million in the last quarter and RMB18.2 million in the same period last year.Cost of revenues was RMB1,117.0 million (US$159.7 million) for the three months ended December 31, 2025, compared with RMB813.3 million in the last quarter and RMB554.9 million in the same period last year.Gross margin was 6.8% for the three months ended December 31, 2025, compared with 7.5% in the last quarter and 7.0% in the same period last year. The Company's gross margin remained stable year-over-year. The quarter-over-quarter slight decrease was primarily due to two reasons: firstly, market volatility and elevated year-end promotions in the new car market for inventory clearance pressured used vehicle margins; secondly, our new superstores were still in the initial operating stage. The Zhengzhou superstore commenced trial operations on September 27, 2025 and is still in a gross profit ramp-up phase, while the Jinan superstore just opened on December 17, 2025.Total operating expenses were RMB148.4 million (US$21.2 million) for the three months ended December 31, 2025. Total operating expenses excluding the impact of share-based compensation were RMB137.7 million.Sales and marketing expenses were RMB122.3 million (US$17.5 million) for the three months ended December 31, 2025, representing an increase of 34.1% from RMB91.2 million in the last quarter and an increase of 98.0% from RMB61.8 million in the same period last year. The increase was mainly due to the increased employee compensation for the sales teams as a result of the increase in headcount.General and administrative expenses were RMB22.8 million (US$3.3 million) for the three months ended December 31, 2025, representing a decrease of 21.9% from RMB29.1 million in the last quarter and a decrease of 67.2% from RMB69.3 million in the same period last year. The quarter-over-quarter decrease was mainly due to the decline in professional fees in relation to certain transactions in the fourth quarter of 2025. The year-over-year decrease was mainly due to the impact of share-based compensation expenses.Research and development expenses were RMB3.3 million (US$0.5 million) for the three months ended December 31, 2025, representing an increase of 7.9% from RMB3.1 million in the last quarter and representing an increase of 39.2% from RMB2.4 million in the same period last year. The year-over-year increase was mainly due to the impact of share-based compensation expenses.Other operating income, net was RMB8.8 million (US$1.3 million) for the three months ended December 31, 2025, compared with RMB21.0 million for the last quarter and RMB18.1 million in the same period last year. The decrease was mainly due to the decrease of gains from derecognition of certain long-aged liabilities.Loss from operations was RMB58.7 million (US$8.4 million) for the three months ended December 31, 2025, compared with RMB36.5 million in the last quarter and RMB73.4 million in the same period last year.Interest expenses were RMB24.7 million (US$3.5 million) for the three months ended December 31, 2025, compared with RMB24.1 million in the last quarter and RMB22.1 million in the same period last year.Net loss from operations was net loss of RMB82.8 million (US$11.8 million) for the three months ended December 31, 2025, compared with net loss of RMB60.7 million in the last quarter and net loss of RMB90.3 million in the same period last year.Non-GAAP adjusted EBITDA was a loss of RMB27.2 million (US$3.9 million) for the three months ended December 31, 2025, compared with a loss of RMB5.3 million in the last quarter and a gain of RMB2.0 million in the same period last year.Financial Results for the Full Year Ended December 31, 2025Total revenues were RMB3,239.7 million (US$463.3 million) for the full year ended December 31, 2025, an increase of 78.6% from RMB1,814.4 million in the prior year. The increase was mainly due to the increase in retail vehicle sales revenue.Retail vehicle sales revenue was RMB3,021.2 million (US$432.0 million) for the full year ended December 31, 2025, representing an increase of 89.8% from RMB1,591.9 million in the prior year. For the full year ended December 31, 2025, retail transaction volume was 51,110 units, an increase of 134.7% from 21,773 units in the prior year. The increase in retail vehicle sales revenue was mainly due to the increase in retail transaction volume. By offering quality products and services, the Company believes that its superstores have earned customer trust and established Uxin as the well-recognized brand in the regional markets where these superstores are located, leading to a high in-store customer conversion rate. Additionally, the Company's new superstores in Wuhan, Zhengzhou and Jinan, which commenced trial operations in February, September and December 2025, respectively, are also important growth drivers.Wholesale vehicle sales revenue was RMB123.9 million (US$17.7 million) for the full year ended December 31, 2025, compared with RMB167.0 million in the prior year. For the full year ended December 31, 2025, wholesale transaction volume was 6,298 units, representing an increase of 44.0% from 4,375 units in the prior year. Wholesale vehicle sales represent vehicles purchased by the Company from individuals that do not meet the Company's retail standards and are subsequently sold through online and offline channels.Other revenue was RMB94.6 million (US$13.6 million) for the full year ended December 31, 2025, compared with RMB55.5 million in the prior year.Cost of revenues was RMB3,023.3 million (US$432.3 million) for the full year ended December 31, 2025, compared with RMB1,690.9 million in the prior year.Gross margin was 6.7% for the full year ended December 31, 2025, remaining stable compared with 6.8% in the prior year.Total operating expenses were RMB451.0 million (US$64.5 million) for the full year ended December 31, 2025. Total operating expenses excluding the impact of share-based compensation were RMB406.5 million.Sales and marketing expenses were RMB349.4 million (US$50.0 million) for the full year ended December 31, 2025, representing an increase of 53.2% from RMB228.0 million in the prior year. The increases were mainly due to the increased employee compensation for the sales teams as a result of the increase in headcount.General and administrative expenses were RMB89.7 million (US$12.8 million) for the full year ended December 31, 2025, representing a decrease of 54.9% from RMB198.9 million in the prior year. The decrease was mainly due to a decrease in share-based compensation for personnel performing general and administrative functions.Research and development expenses were RMB12.4 million (US$1.8 million) for the full year ended December 31, 2025, representing a decrease of 12.4% from RMB14.2 million in the prior year. The decrease was mainly due to a decrease of the salaries and benefits expenses of employees engaged in research and development as a result of the decrease in headcount.Other operating income, net was RMB61.1 million (US$8.7 million) for the full year ended December 31, 2025, compared with RMB32.6 million in the prior year. The increase was mainly due to gains from derecognition of certain long-aged liabilities.Loss from operations was RMB173.6 million (US$24.8 million) for the full year ended December 31, 2025, compared with RMB284.4 million in the prior year.Interest expenses were RMB94.5 million (US$13.5 million) for the full year ended December 31, 2025, representing an increase of 1.5% from RMB93.0 million in the prior year.Net loss from operations was RMB262.5 million (US$37.5 million) for the full year ended December 31, 2025, compared with a net loss of RMB342.1 million in the prior year.Non-GAAP adjusted EBITDA was a loss of RMB57.9 million (US$8.3 million) for the full year ended December 31, 2025, compared with a loss of RMB80.8 million in the prior year.LiquidityThe Company has incurred net losses since inception. For the year ended December 31, 2025, the Company incurred net loss of RMB262.5 million and operating cash outflow of RMB504.4 million. As of December 31, 2025, the Company had accumulated deficit in the amount of RMB19.9 billion, its current liabilities exceeded current assets by approximately RMB233.0 million, the Company's cash balance was RMB83.0 million. Based on the Company's liquidity assessment, which considers the plans to address these adverse conditions and events, including raising funds from planned equity and loan financings, growing vehicle sales volume and revenue by increasing the scale of vehicle purchase while maintaining vehicle inventory and working capital turnover by managing reasonable vehicle sale prices, improving gross profit margin by promoting value-added services offered to customers, and also adjusting its operation scale if and when necessary, the Company believes that its current cash and cash equivalents and the cash flows from operating and financing activities are sufficient for the Company to meet its anticipated working capital requirements, other capital commitments and the Company will be able to meet its payment obligations when liabilities fall due within the next twelve months from the date of this release.Update on Equity Financing TransactionsThe Company has made progress on its previously disclosed equity financing transactions. Specifically, with respect to the subscription by Abundant Grace Investment Limited ("Grace"), as disclosed in the Company's announcement dated December 18, 2025, the Company has completed the issuance of all Class A ordinary shares contemplated thereunder and has received US$7.0 million in subscription proceeds. The Company currently expects to receive the remaining US$3.0 million consideration in the next few months.Additionally, with respect to the share subscription agreements with Abundant Glory Investment L.P. ("Glory"), an affiliate of NIO Capital and Prestige Shine Group Limited, as disclosed in the Company's announcement issued on December 26, 2025, which provide for an aggregate consideration of US$50.0 million, the Company has partially completed the transaction. Pursuant to the share subscription agreement, Glory has designated Gold Wings Holdings Limited as the subscriber for a portion of its investment, and the Company has issued 1,049,317,943 Class A ordinary shares to Gold Wings Holdings Limited for an aggregate consideration of US$10.0 million, which has been fully received. The closing of the remaining portion of the transaction is subject to customary closing conditions.Recent DevelopmentStrategic Partnership with State-Owned Enterprises in JiangyinThe Company has established a strategic partnership with Jiangyin Huigang Qihang Investment Partnership ("Huigang Qihang") and Jiangyin Chan Fa Ke Chuang Investment Partnership (Limited Partnership) ("Chan Fa Ke Chuang") to establish Uxin (Jiangyin) Intelligent Remanufacturing Co., Ltd. (the "Uxin Jiangyin"). Pursuant to the equity investment agreement, Uxin (Anhui) Industrial Investment Co., Ltd., a wholly owned subsidiary of the Company, will contribute RMB68.0 million, Huigang Qihang will contribute RMB16.0 million, and Chan Fa Ke Chuang will contribute RMB16.0 million, representing approximately 68%, 16%, and 16% of Uxin Jiangyin's total registered capital, respectively.Uxin Tianjin Used Car SuperstoreOn March 31, 2026, Uxin announced the official opening of its used car superstore in the city of Tianjin. The Tianjin superstore marks Uxin's sixth superstore and integrates an in-house reconditioning facility with a showroom that can accommodate more than 3,000 vehicles for display and sale, supporting a highly standardized and efficient retail experience.Business OutlookFor the three months ending March 31, 2026, the Company expects its retail transaction volume to range between 16,200 units and 16,500 units. The Company estimates that its total revenues including retail vehicle sales revenue, wholesale vehicle sales revenue and other revenue to range between RMB1,050 million and RMB1,070 million. These forecasts reflect the Company's current and preliminary views on the market and operational conditions, which are subject to changes.Conference CallUxin's management team will host a conference call on Friday, April 10, 2026, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this conference including an event passcode, a unique access PIN, dial-in numbers, and an e-mail with detailed instructions to join the conference call.Conference Call Preregistration:https://dpregister.com/sreg/10208025/103bb8e12f9A telephone replay of the call will be available after the conclusion of the conference call until April 17, 2026. The dial-in details for the replay are as follows:U.S.:                    +1 855 669 9658
International:       +1 412 317 0088
Replay PIN:         9596914A live webcast and archive of the conference call will be available on the Investor Relations section of Uxin's website at http://ir.xin.com.About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline superstores with inventory capacities ranging from 2,000 to 8,000 vehicles. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of China's used car industry.Use of Non-GAAP Financial Measures In evaluating the business, the Company considers and uses certain non-GAAP measures, including Adjusted EBITDA and adjusted net loss from operations per share – basic and diluted, as supplemental measures to review and assess its operating performance. The presentation of the non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company defines Adjusted EBITDA as EBITDA excluding share-based compensation, foreign exchange (losses)/gain, other income/(expenses), structure realignment cost which was mainly severance cost and equity in income of affiliates. The Company defines adjusted net loss attributable to ordinary shareholders per share – basic and diluted as net loss attributable to ordinary shareholders per share excluding impact of share-based compensation, deemed dividend to preferred shareholders due to triggering of a down round feature and accretion on redeemable non-controlling interests. The Company presents the non-GAAP financial measures because they are used by the management to evaluate the operating performance and formulate business plans. The Company also believes that the use of the non-GAAP measures facilitate investors' assessment of its operating performance as this measure excludes certain finance or non-cash items that the Company does not believe directly reflect its core operations. The Company believe that excluding these items enables us to evaluate our performance period-over-period more effectively and relative to our competitors.The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using Adjusted EBITDA is that it does not reflect all items of income and expenses that affect the Company's operations. Share-based compensation, other income/(expenses) and foreign exchange (losses)/gain have been and may continue to be incurred in the business. Further, the non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating the Company's performance. The Company encourages you to review its financial information in its entirety and not rely on a single financial measure.Reconciliations of Uxin's non-GAAP financial measures to the most comparable U.S. GAAP measure are included at the end of this press release.Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars ("US$") at specified rates solely for the convenience of the reader, except for those transaction amounts that were actually settled in U.S. dollars. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB6.9931 to US$1.00, representing the index rate as of December 31, 2025 set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all.Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Uxin's strategic and operational plans, contain forward-looking statements. Uxin may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Uxin's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Uxin's goal and strategies; its expansion plans; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its products and services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry and other related industries; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Uxin's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Uxin does not undertake any obligation to update any forward-looking statement, except as required under applicable law.For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co  

Uxin Limited 

Unaudited Consolidated Statements of Comprehensive Loss

(In thousands except for number of shares and per share data)














For the three months ended December 31,
For the twelve months ended December 31,

2024
2025
2024
2025

RMB
RMB
US$
RMB
RMB
US$Revenues











Retail vehicle sales
553,127
1,128,978
161,442
1,591,913
3,021,239
432,031Wholesale vehicle sales
25,506
38,212
5,464
166,951
123,866
17,713Others
18,169
30,706
4,391
55,493
94,588
13,526Total revenues
596,802
1,197,896
171,297
1,814,357
3,239,693
463,270












Cost of revenues
(554,856)
(1,117,019)
(159,732)
(1,690,924)
(3,023,298)
(432,326)Gross profit
41,946
80,877
11,565
123,433
216,395
30,944












Operating expenses











Sales and marketing
(61,779)
(122,298)
(17,488)
(228,006)
(349,411)
(49,965)General and administrative 
(69,341)
(22,769)
(3,256)
(198,871)
(89,691)
(12,826)Research and development
(2,395)
(3,333)
(477)
(14,163)
(12,409)
(1,774)Reversal of credit losses, net
123
10
1
644
463
66Total operating expenses
(133,392)
(148,390)
(21,220)
(440,396)
(451,048)
(64,499)












Other operating income, net
18,070
8,806
1,259
32,612
61,085
8,735












Loss from operations
(73,376)
(58,707)
(8,396)
(284,351)
(173,568)
(24,820)












Interest income
11
10
1
45
66
9Interest expenses
(22,108)
(24,743)
(3,538)
(93,031)
(94,466)
(13,508)Other income
7,695
2,477
354
10,448
10,442
1,493Other expenses
(1,386)
(1,465)
(209)
(7,603)
(5,297)
(757)Net gain from extinguishment of debt
-
-
-
35,222
-
-Foreign exchange (losses)/gains
(1,169)
(357)
(51)
790
394
56Loss before income tax expense
(90,333)
(82,785)
(11,839)
(338,480)
(262,429)
(37,527)Income tax expense
(1)
-
-
(51)
(39)
(6)Equity in loss of affiliates, net of tax   
-
-
-
(3,522)
-
-Net loss, net of tax
(90,334)
(82,785)
(11,839)
(342,053)
(262,468)
(37,533)Add: net profit attribute to redeemable non-
controlling interests and non-controlling interests
shareholders
(1,669)
(4,718)
(675)
(6,607)
(15,072)
(2,155)Net loss attributable to UXIN LIMITED
(92,003)
(87,503)
(12,514)
(348,660)
(277,540)
(39,688)Deemed dividend to preferred shareholders due to
triggering of a down round feature
-
-
-
(1,781,454)
-
-Net loss attributable to ordinary shareholders
(92,003)
(87,503)
(12,514)
(2,130,114)
(277,540)
(39,688)












Net loss
(90,334)
(82,785)
(11,839)
(342,053)
(262,468)
(37,533)Foreign currency translation,  net of tax nil
10,609
362
52
2,696
6,912
988Total comprehensive loss
(79,725)
(82,423)
(11,787)
(339,357)
(255,556)
(36,545)Add: net profit attribute to redeemable non-
controlling interests and non-controlling interests
shareholders
(1,669)
(4,718)
(675)
(6,607)
(15,072)
(2,155)Total comprehensive loss attributable to
UXIN LIMITED
(81,394)
(87,141)
(12,462)
(345,964)
(270,628)
(38,700)












Net loss attributable to ordinary shareholders
(92,003)
(87,503)
(12,514)
(2,130,114)
(277,540)
(39,688)Weighted average shares outstanding - basic
57,399,022,224
65,356,882,873
65,356,882,873
43,746,361,436
62,756,316,162
62,756,316,162Weighted average shares outstanding - diluted
57,399,022,224
65,356,882,873
65,356,882,873
43,746,361,436
62,756,316,162
62,756,316,162












Net loss per share for ordinary shareholders, basic
(0.00)
(0.00)
(0.00)
(0.05)
(0.00)
(0.00)Net loss per share for ordinary shareholders,
diluted
(0.00)
(0.00)
(0.00)
(0.05)
(0.00)
(0.00) Uxin LimitedUnaudited Consolidated Balance Sheets (In thousands except for number of shares and per share data)








As of December 31,
As of December 31,

2024
2025
RMB
RMB
US$ASSETS





Current assets





Cash and cash equivalents
25,112
83,006
11,870Restricted cash
767
71
10Accounts receivable, net
4,150
4,613
660Loans recognized as a result of payments under
guarantees, net of provision for credit losses of
RMB7,710 and nil as of December 31, 2024
and 2025, respectively
-
-
-Other receivables, net of provision for credit
losses of RMB21,113 and RMB14,105 as of
December 31, 2024 and 2025, 
respectively
14,998
23,186
3,316Inventory, net
207,390
545,554
78,013Prepaid expenses and other current assets
86,977
87,466
12,506Total current assets
339,394
743,896
106,375






Non-current assets





Property, equipment and software, net
71,420
85,447
12,219Finance lease right-of-use assets, net
1,346,728
1,319,087
188,627Operating lease right-of-use assets, net 
194,388
270,325
38,656Total non-current assets
1,612,536
1,674,859
239,502






Total assets
1,951,930
2,418,755
345,877






LIABILITIES, MEZZANINE EQUITY AND
SHAREHOLDERS' DEFICIT





Current liabilities





Accounts payable
81,584
65,009
9,296Other payables and other current liabilities
306,391
291,338
41,661Current portion of operating lease liabilities
14,563
35,842
5,125Current portion of finance lease liabilities
183,852
187,541
26,818Short-term borrowings from third parties
174,616
397,161
56,793Short-term borrowings from related party
1,000
-
-Total current liabilities
762,006
976,891
139,693






Non-current liabilities





Long-term borrowings from related party 
53,913
-
-Long-term borrowings from third parties
-
10,000
1,430Consideration payable to WeBank
27,237
-
-Finance lease liabilities
1,141,118
1,081,322
154,627Operating lease liabilities
180,920
245,373
35,088Total non-current liabilities
1,403,188
1,336,695
191,145






Total liabilities
2,165,194
2,313,586
330,838






Mezzanine equity





Redeemable non-controlling interests  (i)
154,977
336,057
48,056Total Mezzanine equity
154,977
336,057
48,056






Shareholders' deficit





Ordinary shares (ii)
39,816
45,922
6,567Additional paid-in capital (ii)
19,007,948
19,370,282
2,769,913Subscription receivable from shareholders (ii)
(60,467)
(21,165)
(3,027)Accumulated other comprehensive income
227,718
234,630
33,552Accumulated deficit
(19,583,017)
(19,860,557)
(2,840,022)Total Uxin's shareholders' deficit
(368,002)
(230,888)
(33,017)Non-controlling interests
(239)
-
-Total shareholders' deficit
(368,241)
(230,888)
(33,017)






Total liabilities, mezzanine equity and
shareholders' deficit
1,951,930
2,418,755
345,877






(i) On October 16, 2024, the Company, through Uxin Anhui, entered into an agreement with Wuhan Junshan Urban Asset
Operation Co.,Ltd. ("Wuhan Junshan"), a company indirectly controlled by Wuhan City Economic & Technological Development
Zone, to establish a subsidiary, Wuhan Youxin Intelligent Remanufacturing Co., Ltd. ("Uxin Wuhan"). Uxin Anhui will contribute
RMB66.7 million and Wuhan Junshan will contribute RMB33.3 million, representing approximately 66.7% and 33.3% of Uxin
Wuhan's total registered capital, respectively. As of December 31, 2025, the Company and Wuhan Junshan each made
contributions of RMB26.0 million to Uxin Wuhan, respectively, and the investment from Wuhan Junshan was recognized as
redeemable non-controlling interests.On July 8, 2024, the Company, through Uxin Anhui, entered into a strategic partnership with Zhengzhou Airport Automobile
Industry Co., Ltd. ("Zhengzhou Airport Industry") to establish Youxin (Zhengzhou) Automobile Intelligent Remanufacturing Co.,
Ltd. ("Uxin Zhengzhou"). Pursuant to the equity investment agreement, Uxin Anhui will contribute RMB120.0 million and
Zhengzhou Airport Industry will contribute RMB50.0 million, representing approximately 70.59% and 29.41% of Uxin
Zhengzhou's total registered capital, respectively. As of December 31, 2025, the Company and Zhengzhou Airport Industry
made contributions of RMB30.0 million and RMB12.5 million to Uxin Zhengzhou, respectively, and the investment from
Zhengzhou Airport Industry was recognized as redeemable non-controlling interests.On September 20, 2023, the Company entered into an equity investment agreement with Hefei Construction Investment.
Pursuant to the agreement, Hefei Construction Investment will invest by multiple instalments in Uxin Hefei, and each instalment
will be made after the lease payment is made by the Hefei subsidiary, over a 10-year period. As of December 31, 2025, the first-
year and second-year rentals of approximately RMB147.1 million and RMB127.7 million was converted into the investment of
approximately 12.02% and 8.40% equity interests in Uxin Hefei by Hefei Construction Investment, respectively. The investment
was recognized as redeemable non-controlling interests.(ii) On December 18, 2025, the Company entered into a definitive agreement with Abundant Grace Investment Limited, an entity
affiliated with Mr. Bin Li, a director of the Company. Pursuant to the definitive agreement, Abundant Grace Investment Limited
agreed to purchase 1.2 billion of our Class A Ordinary Shares at a price of US$0.00833 per Class A Ordinary Share (equivalent
to US$2.5 per ADS) for an aggregate consideration of US$10 million, which is expected to be paid in multiple installments. As
of December 31, 2025, Abundant Grace Investment Limited has fulfilled its payment obligations in an aggregate amount of
US$7.0 million of the total US$10.0 million purchase price. The Company has completed the full issuance and delivery of all the
 aforesaid subscribed Class A Ordinary Shares, and is entitled to a remaining subscription receivable of US$3.0 million due from
 Abundant Grace Investment Limited. The remaining US$3.0 million was recorded in "Subscription receivable from shareholders''
as of December 31, 2025.On December 26, 2025, the Company entered into definitive share subscription agreements with Abundant Glory Investment
L.P.(affiliates of NIO Capital) and Prestige Shine Group Limited. Pursuant to the definitive agreements, Abundant Glory
Investment L.P. and Prestige Shine Group Limited agreed to purchase 5,246,589,717 Class A ordinary shares of the Company
 with par value of US$0.0001 per share at a price of US$0.00953 per Class A ordinary share for a total consideration of US$50
million. In substance, the Company issued two forward contracts to Abundant Glory Investment L.P. and Prestige Shine Group
Limited, as Abundant Glory Investment L.P. and Prestige Shine Group Limited are obligated to purchase the shares, and the
Company is required to issue them upon the satisfaction of the closing conditions at the pre-agreed price and amount which
shall be a deemed dividend to the forward contract holder recorded in the additional paid-in capital. In addition, given that these
forward contracts are considered indexed to the Company's own stock and meet the requirement for equity classification, these
forward contracts were also classified under the Company's equity and was initially measured at fair value amounting to US$4.5
million (equivalent to approximately RMB31.3 million) with no subsequent remeasurement.As of the date of this release, affiliates of NIO Capital have designated Gold Wings Holdings Limited as the subscriber for a
portion of its investment. The Company received US$10.0 million from Gold Wings Holdings Limited and issued
1,049,317,943 Class A ordinary shares to Gold Wings Holdings Limited. The closing of the remaining portion of the
transaction is subject to customary closing conditions.In June 2022, the Company entered into a definitive agreement with affiliates of an existing shareholder, NIO Capital. Pursuant
to the definitive agreement, NIO Capital had agreed with the Company for the subscription of 714,285,714 senior convertible
preferred shares for an aggregate amount of US$100.0 million, which was to be paid in multiple instalments. The first payment
for the par value of these preferred shares of US$71.4 thousand was made by NIO Capital in July 2022. In October 2022 and
March 2023, a total of US$9.9 million and US$8.4 million was paid by NIO Capital. The remaining US$81.6 million was
recorded in "Subscription receivable from shareholders" and reflected as a deduction from mezzanine equity as of March 31,
2023. On April 4, 2023, NIO Capital, NBNW Investment Limited ("NBNW", an affiliate of NIO Capital) and the long-term debt
holders of the Company, namely WP, TPG, and Magic Carpet, entered into assignment agreements to assign all the rights under
the then outstanding long-term debt of US$61.6 million to NBNW and then further assign to NIO Capital. Concurrently, the
Company entered into a supplemental agreement with NIO Capital, and agreed to offset its subscription receivable by US$61.6
million with its obligation under long-term debt due to NIO Capital after the assignment. This supplemental agreement resulted
in a remaining US$20 million amount due to the Company from NIO Capital relating to the aforementioned senior convertible
shares subscription agreement. In April and October 2023, subscription receivable of US$1.6 million and US$2 million was
received. On March 27, 2024, as agreed by all the preferred shareholders, all of the Company's 2,810,961,908 outstanding
senior convertible preferred shares were converted into 54,960,889,255 Class A ordinary shares. Accordingly, subscription
receivable of US$16.4 million due from NIO Capital reflected as a deduction from mezzanine equity was presented as
subscriptions receivable, a contra-equity balance on the Consolidated Balance Sheets as of March 31, 2024. The subscription
receivables amounting to US$16.4 million were subsequently received in May, June and July 2024 and September 2025. * Share-based compensation charges included are as follows:






















For the three months ended December 31,
 For the twelve months ended December 31,

2024
2025
2024
2025

RMB
RMB
US$
RMB
RMB
US$Sales and marketing
-
1,642
235
136
5,312
760General and administrative
58,887
8,429
1,205
125,051
36,780
5,259Research and development
-
622
89
128
2,491
356 Uxin LimitedUnaudited Reconciliations of GAAP And Non-GAAP Results(In thousands except for number of shares and per share data)



























For the three months ended December 31,
 For the twelve months ended December 31,

2024
2025
2024
2025

RMB
RMB
US$
RMB
RMB
US$Net loss, net of tax
(90,334)
(82,785)
(11,839)
(342,053)
(262,468)
(37,533)












Add: Income tax expense
1
-
-
51
39
6Interest income
(11)
(10)
(1)
(45)
(66)
(9)Interest expenses
22,108
24,743
3,538
93,031
94,466
13,508Depreciation
16,489
20,803
2,975
64,305
71,114
10,169EBITDA
(51,747)
(37,249)
(5,327)
(184,711)
(96,915)
(13,859)












Add: Share-based compensation expenses
58,887
10,693
1,529
125,315
44,583
6,375- Sales and marketing
-
1,642
235
136
5,312
760- General and administrative
58,887
8,429
1,205
125,051
36,780
5,259- Research and development
-
622
89
128
2,491
356Other income
(7,695)
(2,477)
(354)
(10,448)
(10,442)
(1,493)Other expenses
1,386
1,465
209
7,603
5,297
757Foreign exchange losses/(gains)
1,169
357
51
(790)
(394)
(56)Structure realignment cost
-
-
-
13,948
-
-Equity in loss of affiliates, net of tax   
-
-
-
3,522
-
-Net gain from extinguishment of debt
-
-
-
(35,222)
-
-












Non-GAAP adjusted EBITDA
2,000
(27,211)
(3,892)
(80,783)
(57,871)
(8,276)














For the three months ended December 31,
 For the twelve months ended December 31,

2024
2025
2024
2025

RMB
RMB
US$
RMB
RMB
US$Net loss attributable to ordinary
shareholders
(92,003)
(87,503)
(12,514)
(2,130,114)
(277,540)
(39,688)Add: Share-based compensation expenses
58,887
10,693
1,529
125,315
44,583
6,375- Sales and marketing
-
1,642
235
136
5,312
760- General and administrative
58,887
8,429
1,205
125,051
36,780
5,259- Research and development
-
622
89
128
2,491
356Add: accretion on redeemable non-
controlling interests
1,668
3,519
503
6,636
14,833
2,121Deemed dividend to preferred
shareholders due to triggering of a down
round feature
-
-
-
1,781,454
-
-












Non-GAAP adjusted net loss attributable
to ordinary shareholders
(31,448)
(73,291)
(10,482)
(216,709)
(218,124)
(31,192)












Net loss per share for ordinary shareholders -
basic
(0.00)
(0.00)
(0.00)
(0.05)
(0.00)
(0.00)Net loss per share for ordinary shareholders -
diluted
(0.00)
(0.00)
(0.00)
(0.05)
(0.00)
(0.00)Non-GAAP adjusted net loss to ordinary
shareholders per share - basic and diluted
(0.00)
(0.00)
(0.00)
(0.00)
(0.00)
(0.00)Weighted average shares outstanding - basic
57,399,022,224
65,356,882,873
65,356,882,873
43,746,361,436
62,756,316,162
62,756,316,162Weighted average shares outstanding - diluted
57,399,022,224
65,356,882,873
65,356,882,873
43,746,361,436
62,756,316,162
62,756,316,162






Note: The conversion of Renminbi (RMB) into U.S. dollars (USD) is based on the certified exchange rate of USD1.00 = RMB6.9931 as of December 31, 2025 set forth in the
H.10 statistical release of the Board of Governors of the Federal Reserve System. 



View original content:https://www.prnewswire.com/news-releases/uxin-reports-unaudited-financial-results-for-the-quarter-and-full-year-ended-december-31-2025-302739037.htmlSOURCE Uxin Limited

Original: Uxin Reports Unaudited Financial Results for the Quarter and Full Year Ended December 31, 2025

Uxin to Report Fourth Quarter and Full Year 2025 Financial Results on April 10, 2026April 6, 2026 5:00 AM
PR Newswire (US)

BEIJING, April 6, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced that it will release its financial results for the fourth quarter and full year 2025 ended December 31, 2025, before the U.S. market opens on April 10, 2026.Uxin's management team will host a conference call on Friday, April 10, 2026, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this conference including an event passcode, a unique access PIN, dial-in numbers, and an e-mail with detailed instructions to join the conference call.Conference Call Preregistration: https://dpregister.com/sreg/10208025/103bb8e12f9A telephone replay of the call will be available after the conclusion of the conference call until April 17, 2026. The dial-in details for the replay are as follows:U.S.:  + 1-855-669-9658International:  +1 412 317 0088Replay PIN: 9596914A live webcast and archive of the conference call will be available on the Investor Relations section of Uxin's website at http://ir.xin.com/.About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.For investor and media enquiries, please contact:Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.comThe Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co



View original content:https://www.prnewswire.com/news-releases/uxin-to-report-fourth-quarter-and-full-year-2025-financial-results-on-april-10-2026-302733590.htmlSOURCE Uxin Limited

Original: Uxin to Report Fourth Quarter and Full Year 2025 Financial Results on April 10, 2026

Uxin Announces Official Opening of Its Tianjin Used Car SuperstoreMarch 31, 2026 2:30 AM
PR Newswire (US)

BEIJING, March 31, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced the official opening of its sixth used car superstore in the city of Tianjin. The Tianjin superstore integrates Uxin's in-house reconditioning factory with a used car showroom that can accommodate more than 3,000 vehicles for display and sale, supporting a highly standardized and efficient retail experience.As one of China's four municipalities directly under the central government, Tianjin serves as a key gateway for the country's opening-up and is supported by a well-established port and logistics infrastructure. The city has a population exceeding 13 million and approximately 4 million registered vehicles. In recent years, Tianjin has identified the automotive industry as one of its twelve key industrial value chains, focusing on building a modern industrial system centered on high-end and high-quality development. These advantages will provide a solid foundation for Uxin to scale its used car retail operations across Northern China.Meanwhile, Uxin is actively engaging in discussions in additional cities to advance the rollout of new superstore projects. Looking ahead, the Company plans to open four to six new superstores in 2026, supporting the continued growth in Uxin's sales and operating performance in the coming years.About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.Safe Harbor StatementThis press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Uxin's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the risk and uncertainties as to the timing of the entry into definitive agreements or consummation of the transactions; the risk that certain closing conditions of the transactions may not be satisfied on a timely basis, or at all; impact of the COVID-19 pandemic; Uxin's goal and strategies; its expansion plans and successful completion of certain financing transactions; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing.For investor and media enquiries, please contact:Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.com The Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co 



View original content:https://www.prnewswire.com/news-releases/uxin-announces-official-opening-of-its-tianjin-used-car-superstore-302729572.htmlSOURCE Uxin Limited

Original: Uxin Announces Official Opening of Its Tianjin Used Car Superstore

Uxin Announces Strategic Partnership with State-Owned Enterprises in JiangyinMarch 3, 2026 5:00 AM
PR Newswire (US)

BEIJING, March 3, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company," together with its subsidiaries, the "Group") (Nasdaq: UXIN), a leading used car retailer in China, today announced a strategic partnership with Jiangyin Huigang Qihang Investment Partnership ("Huigang Qihang") and Jiangyin Chan Fa Ke Chuang Investment Partnership (Limited Partnership) ("Chan Fa Ke Chuang") to establish Uxin (Jiangyin) Intelligent Remanufacturing Co., Ltd. (the "Joint Venture"). Pursuant to the joint venture agreement, Uxin (Anhui) Industrial Investment Co., Ltd. ("Uxin Anhui"), a wholly owned subsidiary of the Company, will contribute RMB68.0 million, Huigang Qihang will contribute RMB16.0 million, and Chan Fa Ke Chuang will contribute RMB16.0 million, representing approximately 68%, 16%, and 16% of the Joint Venture's total registered capital, respectively.The Joint Venture will be established to support Uxin's plan to establish a new used car superstore in Jiangyin. This initiative is an important collaboration between Uxin and state-owned enterprises in Jiangyin, aimed at promoting the development of the automotive aftermarket industry in Jiangsu Province and building a leading brand in China's used car industry.Mr. Jing Wenbing, Chief Strategy Officer of Uxin Limited, stated: "Jiangyin sits at the heart of the Yangtze River Delta, one of China's most dynamic economic regions. Within a 100-kilometer radius, the area is home to over 30 million residents and more than 12 million vehicles, underscoring the substantial long-term opportunity in the automotive aftermarket. Through the deployment of our advanced reconditioning capabilities, integrated digital operating systems, and rigorous service standards, we plan to position the Jiangyin superstore as a regional hub for used vehicle distribution and services across the Yangtze River Delta. We believe this initiative will not only enhance the overall automotive consumption experience in the region, but also contribute to elevating industry standards by promoting greater transparency, brand development, and operational standardization."About Uxin Uxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.Safe Harbor StatementThis press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Uxin's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the risk and uncertainties as to the timing of the entry into definitive agreements or consummation of the transactions; the risk that certain closing conditions of the transactions may not be satisfied on a timely basis, or at all; impact of the COVID-19 pandemic; Uxin's goal and strategies; its expansion plans and successful completion of certain financing transactions; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing.For investor and media enquiries, please contact:Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.com The Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co  



View original content:https://www.prnewswire.com/news-releases/uxin-announces-strategic-partnership-with-state-owned-enterprises-in-jiangyin-302702279.htmlSOURCE Uxin Limited

Original: Uxin Announces Strategic Partnership with State-Owned Enterprises in Jiangyin

UXIN....................................https://stockcharts.com/sc3/ui/?s=UXIN&p=W&b=5&g=0&id=p86431144783

UXIN...................................https://stockcharts.com/sc3/ui/?s=UXIN&p=W&b=5&g=0&id=p86431144783

UXIN................................................https://stockcharts.com/h-sc/ui?s=UXIN&p=W&b=5&g=0&id=p86431144783

UXIN.........................................https://stockcharts.com/h-sc/ui?s=UXIN&p=W&b=5&g=0&id=p86431144783

uxin.......................https://stockcharts.com/h-sc/ui?s=UXIN&p=W&b=5&g=0&id=p86431144783

Nice final pump perhaps .. https://www.thedrive.com/news/chinas-connected-car-collapse-is-a-warning-for-the-american-market

Don’t blink

UXIN..........................https://stockcharts.com/h-sc/ui?s=UXIN&p=W&b=5&g=0&id=p86431144783

UXIN...CHINA STOCKS BLOWING UP...WHAT A MISS ON THIS ONE...FUC ME

Wow........that's a pretty big deal.........biden will probably kill it.......like he did the Rail Workers Strike.......

Z

Careful the port strike starts Tuesday can do a lot of damage to many stocks. All goods will cease to be able to be imported..
Add the port strike OCT 1st this could go to $10 if strike not https://www.foxbusiness.com/lifestyle/shoppers-should-brace-rising-prices-port-workers-strike-expert-says

Another after-the-breakout @Zardiw post claiming scanned at 200 day low and in $1.50 channel was watching it, yet we all know you scan breakouts after they occur, and then you just claim the previous days' numbers that you now after-the-fact claim that you scanned and saw and knew "something's going on here" previously. Yet never a post from before of that 200 day low, or at the "something's going on here" channel. Lying fck.

$UXIN +233% - #DDAmanda Video Analysis - #1 Stock Scanner/Screener



Z

200 million float get out now or dilution will kill you

Sell it all at 4.80- 6.05 max zone it reaches before the big dump

UXIN.........................................https://stockcharts.com/h-sc/ui?s=UXIN&p=W&b=5&g=0&id=p86431144783

uxin..............................https://stockcharts.com/h-sc/ui?s=UXIN&p=W&b=5&g=0&id=p86431144783

UXIN............................https://stockcharts.com/h-sc/ui?s=UXIN&p=W&b=5&g=0&id=p86431144783

UXIN new 52 lo

UXIN new 52 week low

UXIN new 52 week low

UXIN new 52=week low

UXIN new 52 week low

UXIN: effective Jan. 16,2024 a one for 10 reverse split:

https://hedgefollow.com/upcoming-stock-splits.php

Added

5:44a ET 9/24/2021 - Benzinga
Uxin Clocks 347% Revenue Growth In Q1, Posts Positive Margin
Mentioned: UXIN
Online used car dealer Uxin Ltd (NASDAQ: UXIN) reported first-quarter FY22 revenue growth of 346.5% year-on-year to $43 million (RMB277.8 million).
The transaction volume was lower by 22.5% Y/Y to 3,011 units.
Revenue for Retail vehicle sales was $14.2 million, Wholesale vehicles were $27.4 million, and Other revenue was $1.5 million.
The company posted a 4% gross margin versus a negative 28.4% last year.
Uxin clocked an EPS loss of $(0.01) and ended Q4 with $25.8 million in cash and equivalents.
Outlook: Uxin sees Q2 revenue of RMB310 million - RMB330 million.
Price Action: UXIN shares closed higher by 2.78% at $2.96 on Thursday.

UXIN

UXIN

Huge negatvies worth high negative value Per Share. Rev Per Share -$1.10 & Book Value -$5.01

Debt almost $2,000,000,000 Billion

Income Statement
Revenue (ttm) -375.34M
Revenue Per Share (ttm) -1.10
Quarterly Revenue Growth (yoy) -30.80%
Gross Profit (ttm) -27.41M
EBITDA N/A
Net Income Avi to Common (ttm) -7.67B
Diluted EPS (ttm) -3.91
Quarterly Earnings Growth (yoy) N/A

Balance Sheet
Total Debt (mrq) 1.93B
Total Debt/Equity (mrq) N/A
Current Ratio (mrq) 0.84
Book Value Per Share (mrq) -5.01

* * $UXIN Video Chart 06-01-2021 * *

Link to Video - click here to watch the technical chart video

* * $UXIN Video Chart 05-03-2021 * *

Link to Video - click here to watch the technical chart video

* * $UXIN Video Chart 04-30-2021 * *

Link to Video - click here to watch the technical chart video

Nice looking chart there! :)

* * $UXIN Video Chart 04-29-2021 * *

Link to Video - click here to watch the technical chart video

* * $UXIN Video Chart 04-28-2021 * *

Link to Video - click here to watch the technical chart video

* * $UXIN Video Chart 04-26-2021 * *

Link to Video - click here to watch the technical chart video

Should have a pretty good day here