Uxin Announces Management Share Purchase Plan

Uxin (Nasdaq: UXIN) announced that chairman and CEO Kun Dai plans a personal management share purchase program.

Rhea-AI Summary

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.

Positive

• CEO intends to buy up to US$5 million of ADSs over 12 months
• Stated goal to run 50 superstores and exceed 1 million annual transactions by 2030
• Management highlights data-driven model enabling industry-leading inventory turnover

Negative

• China’s used car industry facing headwinds due to slowdown in the new vehicle market

Argus Jun 18 session

+5.49% close to close Open Argus

Details

News Market Reaction – UXIN

On Jun 18, the day this news came out, UXIN closed 5.49% above the previous close.

Data tracked by StockTitan Argus for the Jun 18 session.

Market Context

On Jun 18, the day this news came out, the stock closed 5.5% above the previous close. A strong posi...

Analysis

On Jun 18, the day this news came out, the stock closed 5.5% above the previous close. A strong positive reaction aligns with the CEO’s plan to buy up to US$5 million in ADSs and long-term goals of 50 superstores and over one million annual units. Liquidity constraints from recent filings remain a key risk if sentiment reverses.

Key Figures

Planned ADS purchases: US$5 million Plan duration: 12-month period Plan start date: June 25, 2026 +3 more

Planned ADS purchases

US$5 million

Maximum personal funds Kun Dai intends to deploy over the plan period

Plan duration

12-month period

Timeframe for Kun Dai’s intended ADS purchases

Plan start date

June 25, 2026

Scheduled start of the management ADS purchase plan

Superstore target

50 superstores

Uxin’s current plan for store count by 2030

Transaction volume goal

over one million units

Target annual transaction volume by 2030

Market size

trillion-RMB market

Estimated size of China’s used car market cited by management

Historical Context

5 past events · Latest: Jun 16

5 events

1. Jun 16

   Quarterly earnings

   24h Move

   -10.4%

   Strong revenue growth but wider losses and tight liquidity highlighted in results.

2. Jun 09

   Earnings date notice

   24h Move

   +2.8%

   Announcement of timing and webcast details for upcoming Q1 2026 results.

3. Jun 02

   Partnership JV

   24h Move

   +0.9%

   New joint venture with Hebei Chengying to build Shijiazhuang superstore.

4. May 21

   Store expansion

   24h Move

   -7.6%

   Launch of large Chongqing used car superstore project with 2026 start target.

5. Apr 10

   Annual earnings

   24h Move

   -1.3%

   Reported strong 2025 growth and narrowing losses with ongoing superstore expansion.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

american depositary shares, ads, insider trading policy

3 terms

american depositary shares financial

"he intends to use his personal funds to purchase up to an aggregate of US$5 million of Uxin's American Depositary Shares"

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.

ads financial

"up to an aggregate of US$5 million of Uxin's American Depositary Shares ("ADSs") in the 12-month period"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

insider trading policy regulatory

"starting from June 25, 2026, pursuant and subject to applicable rules and regulations and Uxin'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.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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 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: 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.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-management-share-purchase-plan-302804244.html

SOURCE Uxin Limited

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Uxin’s (NASDAQ: UXIN) management share purchase plan announced on June 18, 2026?

Uxin’s chairman and CEO Kun Dai plans to buy up to US$5 million of ADSs using personal funds. According to Uxin, these purchases may occur over 12 months starting June 25, 2026, subject to regulations and the company’s insider trading policy.

Over what period will Uxin’s CEO Kun Dai purchase up to US$5 million of UXIN ADSs?

Kun Dai intends to purchase ADSs during a 12‑month period starting June 25, 2026. According to Uxin, the plan is subject to applicable rules, regulations, and the company’s insider trading policy, and uses only his personal funds for any purchases.

Why is Uxin’s CEO planning to buy US$5 million of UXIN ADSs?

Kun Dai cites confidence in Uxin’s value and long-term prospects as the reason for his planned ADS purchases. According to Uxin, he believes the company’s data-driven model and scale advantages position it well as China’s used car market continues to consolidate.

How does the China auto market environment affect Uxin (NASDAQ: UXIN)?

Uxin notes that China’s new vehicle slowdown has created headwinds for the used car industry. According to Uxin, management believes this environment highlights its resilient, data-driven model and potential to gain share as the used car market consolidates further.

What are Uxin’s long-term growth targets for 2030?

Uxin’s current plan is to operate 50 superstores and exceed one million annual transaction volume by 2030. According to Uxin, management views China’s used car market as a trillion-RMB opportunity with substantial long-term growth potential.

What does Uxin say about shareholder alignment in the June 2026 share purchase plan?

Kun Dai states that principal shareholders are committed long-term value investors who share his conviction in Uxin’s strategy. According to Uxin, the share purchase plan is presented as reflecting confidence in Uxin’s intrinsic value and future growth trajectory.