Uxin Announces Adoption of Rule 10b5-1 Purchase Plan by Entity Controlled by Chairman and CEO
Rhea-AI Summary
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.
Positive
- Chair-controlled entity may purchase up to US$5 million of Uxin ADSs
- Rule 10b5-1 plan structured under company insider trading policy
Negative
- None.
News Market Reaction – UXIN
In the Jul 1 session, UXIN gained 25.16%, reflecting a significant positive market reaction. Argus tracked a peak move of +10.8% during that session. Argus tracked a trough of -17.2% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. Trading volume was exceptionally heavy at 8.7x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 29 | Equity investment close | Positive | -0.7% | Closed US$15M tranche of larger US$50M equity commitment from investors. |
| Jun 25 | Investor Day update | Positive | +2.5% | Showcased operational strength and long‑term growth strategy at 2026 Investor Day. |
| Jun 23 | Investor FAQ release | Positive | -5.3% | Detailed industry outlook, rapid volume growth and superstore expansion plans. |
| Jun 18 | Mgmt share purchase plan | Positive | +9.1% | CEO announced personal plan to buy up to US$5M of ADSs over 12 months. |
| Jun 16 | Quarterly earnings | Negative | -10.4% | Reported strong revenue growth but wider losses and tight liquidity metrics. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent UXIN news often draws mixed reactions, with positive strategic updates sometimes met by selling pressure.
Key Terms
rule 10b5-1 regulatory
insider trading policy regulatory
cooling-off period regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 Statement
This 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.com
The Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co
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SOURCE Uxin Limited