Uxin Announces Strategic Partnership with Yinchuan Authorities to Develop Yinchuan Used Car Superstore

Rhea-AI Summary

Uxin (Nasdaq: UXIN) announced a strategic partnership with Yinchuan local authorities and a state-owned enterprise to jointly invest in the Uxin Yinchuan Used Car Superstore, announced on November 11, 2025. The facility is expected to display around 3,000 vehicles, expanding Uxin's large-scale retail network into Ningxia and northwest China.

Uxin said the superstore aims to strengthen supply-chain efficiency, broaden regional customer service coverage, and support local automotive and aftermarket sector growth in a city of nearly 3 million with over 1.4 million registered vehicles.

News Market Reaction – UXIN

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+2.05% News Effect

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On the day this news was published, UXIN gained 2.05%, reflecting a moderate positive market reaction. Argus tracked a peak move of +2.2% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $13M to the company's valuation, bringing the market cap to $649M at that time.

Data tracked by StockTitan Argus on the day of publication.

BEIJING, Nov. 11, 2025 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced that it has formed a strategic partnership with the local government authorities in Yinchuan, where Uxin will jointly invest in the Uxin Yinchuan Used Car Superstore with a local, state-owned enterprise. It is currently expected that the new superstore will have the capacity to display around 3,000 vehicles for sale, marking another milestone in Uxin's nationwide expansion of its large-scale retail network.

Located in northwestern China, Yinchuan is the capital city of the Ningxia Hui Autonomous Region and a key hub in China's westward development strategy. With its modern transportation infrastructure and expanding regional logistics network, Yinchuan has become a central engine of economic activity across the northwest. The city has a population of nearly 3 million and more than 1.4 million registered vehicles, ranking among the top cities in China by per-capita vehicle ownership.

In recent years, Yinchuan has been actively fostering the automotive and mobility sectors, supporting the growth and scaling of automotive and aftermarket services. This environment provides a solid foundation for Uxin's continued expansion in the region. The Uxin Yinchuan Used Car Superstore will extend Uxin's network coverage across Ningxia and the broader northwestern region, further enhancing Uxin's supply-chain efficiency and customer service network.

Mr. Wenbing Jing, Chief Strategy Officer of Uxin, commented: "As an important hub city in northwestern China, Yinchuan holds tremendous potential for the development of the used car industry. Establishing our superstore in Yinchuan marks a significant step forward in deepening Uxin's presence across northwestern China. Looking ahead, we plan to continue to strengthen our supply-chain and service capabilities in Yinchuan and its neighboring areas, elevate the local consumer experience in used car purchasing, and contribute to the long-term, high-quality growth of the regional automotive industry."

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 announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "aims," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Uxin's strategic and operational plans, contain forward-looking statements. Uxin may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Uxin's beliefs 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; 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. Further information regarding these and other risks is included in Uxin's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Uxin does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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

FAQ

What did Uxin (UXIN) announce on November 11, 2025 about Yinchuan?

Uxin announced a strategic partnership with Yinchuan authorities and a state-owned enterprise to jointly build a used car superstore.

How many vehicles will the Uxin Yinchuan Used Car Superstore display?

The superstore is expected to have capacity to display around 3,000 vehicles for sale.

How does the Yinchuan superstore affect Uxin's regional coverage for UXIN?

The superstore extends Uxin's network across Ningxia and the broader northwest, aiming to improve supply-chain efficiency and customer service.

Why is Yinchuan strategically important for Uxin's expansion (UXIN)?

Yinchuan is a northwest hub with modern transport, about 3 million people and >1.4 million registered vehicles, supporting used car demand.

Who are Uxin's partners for the Yinchuan superstore and what is the investment structure?

Uxin said it will jointly invest with Yinchuan local government authorities and a local state-owned enterprise; no transaction value was disclosed.

What timeline did Uxin provide for opening the Yinchuan superstore (UXIN)?

The announcement gave the expected display capacity but did not provide a specific opening date.