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Uxin Announces Adoption of Rule 10b5-1 Purchase Plan by Entity Controlled by Chairman and CEO

(Very Positive)
Tags

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.

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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

+25.16% 8.7x vol
22 alerts
+25.16% Session close to close
+10.8% Peak Tracked
-17.2% Trough Tracked
$482.42M Market Cap
8.7x Rel. Volume

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.

Market Context

The stock surged +25.2% in the session following this news. A strong positive reaction aligns with p...
Analysis

The stock surged +25.2% in the session following this news. A strong positive reaction aligns with past enthusiasm for management share purchases, such as the prior US$5 million plan. With short interest relatively low, sustained gains could depend more on fundamentals than on a short‑squeeze dynamic.

Key Figures

Planned ADS purchases: up to US$5 million Max purchase price: US$2.85 per ADS Plan adoption date: June 30, 2026 +2 more
5 metrics
Planned ADS purchases up to US$5 million CEO-controlled entity Rule 10b5-1 share purchase plan
Max purchase price US$2.85 per ADS Price cap condition under 10b5-1 trading plan
Plan adoption date June 30, 2026 Pre-arranged Rule 10b5-1 trading plan execution date
Cooling-off period 90 days Rule 10b5-1 requirement before purchases can commence
Purchase start date September 28, 2026 Earliest authorization date for ADS purchases under plan

Historical Context

5 past events · Latest: Jun 29 (Positive)
Pattern 5 events
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.

Pattern Detected

Recent UXIN news often draws mixed reactions, with positive strategic updates sometimes met by selling pressure.

Key Terms

rule 10b5-1, american depositary shares, insider trading policy, cooling-off period
4 terms
rule 10b5-1 regulatory
"required to satisfy the affirmative defense provided by Rule 10b5-1 under the Securities Exchange Act"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
american depositary shares financial
"to purchase up to US$5 million of the Company's American Depositary Shares under his share purchase plan"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
insider trading policy regulatory
"The plan was adopted in accordance with the Company's insider trading policy."
A written set of rules that tells employees, executives and board members what information they may not use to buy or sell a company's stock and when trading is allowed. Think of it as a playbook or house rules that prevent people with secret knowledge from getting an unfair advantage; it matters to investors because it helps protect fair markets, preserves trust in management, and reduces the risk of legal penalties that can hurt a company’s value.
cooling-off period regulatory
"To satisfy the 90-day cooling-off period requirement by Rule 10b5-1 under the Securities Exchange Act"
A cooling-off period is a temporary pause around a planned securities offering or major corporate action during which the company, underwriters and insiders limit promotional statements and certain transactions so investors can review official documents and regulators can assess disclosures. It matters to investors because it reduces the risk of decisions driven by hype, gives time to read the prospectus and legal filings, and helps ensure a fairer, more orderly market — like a mandatory waiting period before a big sale so buyers can compare facts calmly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 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

Cision 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.html

SOURCE Uxin Limited

FAQ

What Rule 10b5-1 share purchase plan did Uxin (NASDAQ: UXIN) announce on July 1, 2026?

Uxin announced a Rule 10b5-1 trading plan for an entity controlled by its chairman and CEO. According to Uxin, Xin Gao Group may buy up to US$5 million of Uxin American Depositary Shares under this pre-arranged plan.

How many Uxin (UXIN) ADSs can be bought under the new Rule 10b5-1 plan?

The plan permits purchases of up to US$5 million of Uxin ADSs, subject to conditions. According to Uxin, Xin Gao Group’s buying is capped at prices no higher than US$2.85 per American Depositary Share and other specified requirements.

When will Uxin (UXIN) share purchases under the 10b5-1 plan start?

Purchases under the Rule 10b5-1 plan are authorized to start on September 28, 2026. According to Uxin, this date follows the 90-day cooling-off period required under Rule 10b5-1 of the Securities Exchange Act of 1934.

What is the maximum price per Uxin (UXIN) ADS in the new trading plan?

The plan allows purchases only when the Uxin ADS price is no more than US$2.85. According to Uxin, this price cap is one of several conditions governing Xin Gao Group’s pre-arranged acquisitions under the Rule 10b5-1 structure.

Who controls Xin Gao Group in Uxin’s July 2026 Rule 10b5-1 plan?

Xin Gao Group is controlled by Uxin chairman and CEO Kun Dai. According to Uxin, this entity entered the Rule 10b5-1 trading plan on June 30, 2026 to execute up to US$5 million in pre-arranged Uxin ADS purchases.