Uxin Limited reports recurring developments as a China-based used car retailer with Nasdaq-listed ADRs under UXIN. News centers on unaudited operating and financial results, retail vehicle sales, gross margin trends, and other revenue from its used-car transaction model.
Company updates also cover Uxin's omni-channel retail strategy, online platform, offline superstores, in-house inspection and reconditioning capabilities, warehousing, vehicle display and sale, and after-sales services in China. Recurring announcements include superstore openings, regional expansion, strategic partnerships, financing and capital-structure disclosures, and governance matters.
Uxin (UXIN) reported RMB1,151.2 million in revenue for the quarter ended June 30, 2026, up 74.9% year over year.
Transaction volume rose 88.7% year over year to 21,899 vehicles. Retail transactions rose 88.8% to 19,610. Gross margin fell to -0.7% from 5.2% a year earlier and 7.0% in the prior quarter. Net loss widened to RMB178.4 million from RMB67.6 million a year earlier. Operating cash outflow was RMB63.8 million, and cash stood at RMB82.6 million on June 30.
For the quarter ending September 30, Uxin expects revenue of RMB1,160 million to RMB1,190 million, retail volume of 20,500 to 21,000 vehicles and gross margin above 6.0%. Current liabilities exceeded current assets by approximately RMB201.0 million at June 30. A further US$4.0 million remains to be funded under its share subscription agreements.
Uxin (UXIN) will release its financial results for the second quarter 2026, ended June 30, 2026, before the U.S. market opens on September 24, 2026.
Management will host a conference call on September 24, 2026 at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time) to discuss the results. Participants must complete online preregistration via a provided link to receive dial-in details, an event passcode, and a unique access PIN. A telephone replay will be available until October 1, 2026, and a live webcast and archive will be accessible through the Investor Relations section of Uxin’s website.
Uxin (Nasdaq: UXIN) announced the launch of a new used car superstore project in Shaoxing, China, integrating a large-scale reconditioning facility with a one-stop retail experience. The project is designed for a total capacity of more than 2,500 vehicles for display and sale.
Shaoxing, in the core Yangtze River Delta region, has over 5 million residents and nearly 2 million registered vehicles, which Uxin views as favorable for used car circulation and aftermarket services. The Shaoxing Superstore will complement existing warehouse-style superstores in Xi'an, Hefei, Wuhan, Zhengzhou, Jinan and Tianjin, strengthening Uxin's presence in East China and Zhejiang Province.
Uxin (Nasdaq: UXIN) announced that Xin Gao Group, controlled by chairman and CEO Kun Dai, adopted a Rule 10b5-1 trading plan on June 30, 2026.
The plan allows purchases of up to US$5 million of Uxin ADSs, at prices no higher than US$2.85 per ADS, starting September 28, 2026 after the required 90-day cooling-off period.
Uxin (Nasdaq: UXIN) closed a US$15 million equity investment from parties designated by NIO Capital under previously announced share subscription agreements.
The shares were priced at US$0.00953 per Class A share (US$2.859 per ADS), part of a total US$50 million commitment for 5,246,589,717 Class A shares.
Uxin (Nasdaq: UXIN) hosted its 2026 Investor Day at its warehouse-style superstore in Xi'an, China. Representatives from major domestic and international financial institutions attended.
Guests toured the Xi'an Superstore and reconditioning factory and discussed industry trends, Uxin's business model, and long-term growth strategy. Uxin stated that no material non-public information was disclosed.
Uxin (Nasdaq: UXIN) released an investor FAQ outlining views on China's used car industry, its warehouse-style superstore model, and growth plans. The company highlights long-term market potential as used transactions lag ownership levels seen in mature markets.
According to Uxin, Q1 2026 retail transaction volume reached 16,530 units, up 119% year over year, marking eight consecutive quarters above 110% growth, with inventory turnover around 30 days. Uxin operated six superstores after opening Tianjin in March 2026 and plans to add 4–6 more during 2026.
Uxin (Nasdaq: UXIN) announced that chairman and CEO Kun Dai plans a personal management share purchase program. He intends to use his own funds to buy up to US$5 million of Uxin ADSs over 12 months from June 25, 2026, subject to regulations and company policy.
He reaffirmed confidence in Uxin’s data-driven model, industry consolidation positioning, and goals to operate 50 superstores and exceed one million annual transactions by 2030.
Uxin (Nasdaq: UXIN) reported unaudited results for the quarter ended March 31, 2026. Retail transaction volume was 16,530 units, up 119.1% year over year, while total revenues rose 112.9% to RMB1,073.7 million. Gross margin was 7.0%. Net loss reached RMB91.6 million and non-GAAP adjusted EBITDA loss was RMB34.3 million. Current liabilities exceeded current assets by about RMB156.1 million, with cash of RMB47.4 million. Uxin expects Q2 2026 retail volume of 18,000–19,000 units and revenues of RMB1,050–1,100 million. The company also announced a Hebei partnership and a new Chongqing superstore project.
Uxin (Nasdaq: UXIN) will release its first quarter 2026 financial results, for the period ended March 31, 2026, before the U.S. market opens on June 16, 2026.
Management will host a conference call and live webcast at 8:00 A.M. U.S. Eastern Time the same day.