Uxin Announces Entry into Share Subscription Agreements with NIO Capital and Prestige Shine Group Limited

Rhea-AI Summary

Uxin (Nasdaq: UXIN) entered definitive share subscription agreements with affiliates of NIO Capital and Prestige Shine Group Limited on December 26, 2025. The investors will purchase an aggregate of 5,246,589,717 Class A ordinary shares at US$0.00953 per share (equivalent to US$2.859 per ADS) for total proceeds of US$50 million (US$20M from NIO Capital affiliates; US$30M from Prestige Shine). Closing is subject to customary conditions. Management said proceeds are expected to fund the launch of four to six new superstores in 2026, strengthen the balance sheet, and support operational expansion in China’s used car retail market.

Positive

• Proceeds: US$50 million committed
• Investor support: NIO Capital and Prestige Shine participation
• Planned expansion: funding for 4–6 new superstores in 2026
• Balance sheet: proceeds intended to strengthen financial resilience

Negative

• Share issuance: 5,246,589,717 Class A ordinary shares to be issued
• Low per-share price: US$0.00953 per Class A ordinary share
• Potential dilution: material increase in outstanding Class A shares

Key Figures

New shares issued 5,246,589,717 shares Class A ordinary shares under share subscription agreements

Share price US$0.00953 per share Subscription price per Class A ordinary share

ADS price equivalent US$2.859 per ADS Price equivalent per American depositary share

Total investment US$50 million Aggregate consideration from NIO Capital affiliates and Prestige Shine

NIO Capital commitment US$20 million Portion of total consideration from NIO Capital affiliates

Prestige Shine commitment US$30 million Portion of total consideration from Prestige Shine Group Limited

Planned new superstores 4–6 superstores Expected launches in 2026 funded by financing proceeds

Market Reality Check

$3.58 Last Close

Volume Volume 130,326 is below 20-day average 240,277, at about 0.54x typical activity. low

Technical Price 3.58 is trading slightly below the 200-day MA of 3.7.

Peers on Argus

UXIN rose 0.56% pre-news while key peers like CWH, KFS, ACVA, MCW, and SDA also showed modest gains, but no names appeared in the momentum scanner, suggesting the move was stock-specific rather than a strong sector-wide rotation.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 18	Earnings & financing	Positive	+10.9%	Strong Q3 growth and narrowing EBITDA loss plus new US$10M financing.
Dec 16	Store opening	Positive	+1.5%	Official opening of Jinan used car superstore completing 2025 expansion plan.
Dec 12	Earnings date notice	Neutral	-1.8%	Announcement of Q3 2025 results release date and conference call details.
Nov 12	Strategic partnership	Positive	+1.7%	Partnership with Tianjin authorities to develop large regional superstore.
Nov 11	Strategic partnership	Positive	+2.0%	Partnership with Yinchuan authorities for new superstore serving northwest China.

Pattern Detected

Recent news on expansion, partnerships, and financing has generally coincided with positive next-day moves, with only a small decline around an earnings-date notice.

Recent Company History

Over the past months, Uxin has focused on rapid network expansion and capital access. Partnerships announced on Nov 11 and Nov 12, 2025 to develop Yinchuan and Tianjin superstores, plus the Dec 16, 2025 Jinan opening, expanded its large-format footprint. The Dec 18, 2025 Q3 results showed strong unit and revenue growth alongside ongoing losses and liquidity pressure, paired with a US$10M financing. Today’s US$50M share subscription builds on that financing theme to support further superstore launches and balance sheet strengthening.

Market Pulse Summary

This announcement details a US$50M share subscription with affiliates of NIO Capital and Prestige Shine, priced at US$0.00953 per Class A share (or US$2.859 per ADS). The company expects proceeds to fund 4–6 new superstores in 2026 and bolster its balance sheet. In recent months, Uxin has combined rapid superstore expansion with additional financings. Investors may track future disclosures on unit growth, profitability, and cash flows to gauge how effectively this capital deployment supports long-term performance.

Key Terms

class a ordinary shares financial

"issue and sell, and the Investors have agreed to purchase, an aggregate of 5,246,589,717 Class A ordinary shares"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

american depositary share financial

"purchase price of US$0.00953 per Class A ordinary share (equivalent to US$2.859 per American depositary share)"

An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.

AI-generated analysis. Not financial advice.

BEIJING, Dec. 26, 2025 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced that the Company has entered into definitive share subscription agreements with affiliates of NIO Capital and Prestige Shine Group Limited (collectively, the "Investors").

Under the definitive agreements, the Company has agreed to issue and sell, and the Investors have agreed to purchase, an aggregate of 5,246,589,717 Class A ordinary shares of the Company at a purchase price of US$0.00953 per Class A ordinary share (equivalent to US$2.859 per American depositary share), for an aggregate consideration of US$50 million. Of such amount, affiliates of NIO Capital have agreed to invest US$20 million and Prestige Shine Group Limited have agreed to invest US$30 million. The consummation of the transactions is subject to customary closing conditions.

Mr. Kun Dai, Founder, Chairman and Chief Executive Officer of Uxin, commented, "We are delighted to receive continued support from the Investors. Their follow-on investment underscores our long-term investors' strong recognition and confidence in the Company's strategic direction, business model, and operational progress. The proceeds from this financing are expected to provide sufficient capital to support the launch of four to six new superstores in 2026, while also strengthening our balance sheet and further enhancing our overall financial resilience. Looking ahead, we will continue to execute our established strategy, steadily expanding our operations and further strengthening our position in China's used car retail market. We remain committed to delivering long-term value for our shareholders."

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 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 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: 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; 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.

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-entry-into-share-subscription-agreements-with-nio-capital-and-prestige-shine-group-limited-302649599.html

SOURCE Uxin Limited

FAQ

How many shares did Uxin agree to issue in the December 26, 2025 subscription (UXIN)?

Uxin agreed to issue 5,246,589,717 Class A ordinary shares under the subscription agreements.

What is the total amount Uxin will raise from NIO Capital and Prestige Shine for UXIN?

The investors committed an aggregate of US$50 million (US$20M from NIO Capital affiliates; US$30M from Prestige Shine).

What price per share and per ADS did Uxin set in the share subscription for UXIN?

Purchase price is US$0.00953 per Class A ordinary share, equivalent to US$2.859 per American depositary share.

How will the US$50 million financing be used by Uxin (UXIN)?

Proceeds are expected to support the launch of four to six new superstores in 2026 and strengthen the company’s balance sheet.

Is the Uxin share subscription transaction closed and final for UXIN?

No, the consummation is subject to customary closing conditions and is not yet closed.

What is the likely investor impact of Uxin’s December 2025 share issuance (UXIN)?

The issuance creates a material increase in outstanding Class A shares, which may dilute existing shareholders unless offset by future value creation.