Uxin Ltd (UXIN) SEC Filings

Uxin Ltd (UXIN) Chief Executive Officer and director Kun Dai reported an indirect purchase of 8,440 American depositary shares through Xin Gao Group Limited on September 29, 2026, at 1.2572 per ADS under a Rule 10b5-1 trading plan. The reported post-transaction position was 8,440 ADS.

Uxin Limited reported second-quarter 2026 revenue of RMB1,151.2 million, up 74.9% year over year, while total transaction volume reached 21,899 units, up 88.7%. Retail transactions were 19,610 units, up 88.8%. Gross margin was -0.7%, compared with 5.2% a year earlier, and Uxin recorded a gross loss of RMB8.6 million.

Loss from operations was RMB151.9 million, compared with RMB43.1 million, and net loss was RMB178.4 million, compared with RMB67.6 million. Non-GAAP adjusted EBITDA loss was RMB119.8 million, versus RMB16.5 million. Uxin attributed margin pressure to falling used-car prices, accelerated inventory sales and oil-price-related demand effects. For the third quarter, it expects gross margin above 6.0% and retail transaction volume of 20,500 to 21,000 units.

As of June 30, 2026, cash and cash equivalents were RMB82.6 million; quarterly operating cash outflow was RMB63.8 million. Accumulated deficit was RMB20.1 billion, and current liabilities exceeded current assets by approximately RMB201.0 million. Uxin stated that it believes its cash and expected operating and financing cash flows are sufficient for its anticipated requirements over the next twelve months. Its third-quarter revenue outlook is RMB1,160 million to RMB1,190 million.

Uxin Ltd director Li Bin (William) reported a purchase of 104,931,794 Class A ordinary shares on September 23, 2026, by Abundant Grace Investment Limited, at $0.0095 per share. The purchase is described as an open-market or private transaction. Li Bin indirectly controls NBNW, which held 71.5% of Abundant Grace. The transaction entry lists 13,115,578,738 shares following the purchase; a related ownership note separately states that Abundant Grace holds 18,317,745,804 shares. Separate indirect holdings are listed for FAME DRAGON GLOBAL LIMITED (17,030,073 shares) and Abundant Glory Investment L.P. (216,138,329 shares). No Rule 10b5-1 plan is reported.

Ying Li reported acquisition or exercise transactions in this Form 4 filing.

Ying Li, a director of Uxin Ltd, received an equity compensation grant of 14,943 American depositary shares (ADS) on July 29, 2026. The award was issued as vested restricted share units under Uxin's share incentive plan at 0.0000 per ADS, increasing Li's direct holdings to 39,503 ADS. Each ADS represents 300 Class A ordinary shares.

Uxin Limited reports that Xin Gao Group Limited, an entity controlled by chairman and CEO Kun Dai, has adopted a Rule 10b5-1 trading plan to purchase up to US$5 million of Uxin American Depositary Shares. The plan is part of Mr. Dai’s previously announced share purchase program.

Purchases under the plan will occur only if the price is at or below US$2.85 per ADS and other conditions are met. To comply with the Rule 10b5-1 90-day cooling-off period, buying under the plan may begin on September 28, 2026. The plan was adopted in line with Uxin’s insider trading policy.

Uxin Limited has closed a new equity investment of US$15 million from parties designated by NIO Capital under previously announced share subscription agreements. The funds come from a subscription for newly issued Class A ordinary shares at US$0.00953 per share, equivalent to US$2.859 per American depositary share.

This US$15 million represents part of the US$20 million commitment from NIO Capital affiliates. Under the same agreements, NIO Capital affiliates and Prestige Shine Group Limited together agreed to invest US$50 million for 5,246,589,717 Class A ordinary shares. Uxin and the investors are working toward closing the remaining committed investment, subject to customary closing conditions.

Uxin Limited announced that chairman and CEO Kun Dai plans a personal share purchase program, intending to buy up to an aggregate of US$5 million of Uxin American Depositary Shares over a 12‑month period starting from June 25, 2026, subject to applicable rules and the company’s insider trading policy.

Mr. Dai links this plan to his confidence in Uxin’s long-term prospects, highlighting its data-driven model, inventory turnover capabilities, and scale advantages in China’s used car market. He reiterates Uxin’s goal to operate 50 superstores and achieve annual transaction volume exceeding one million units by 2030, positioning the company to benefit from what he describes as a trillion-RMB used car market.

Uxin Limited reported strong growth but wider losses for the quarter ended March 31, 2026. Total revenue reached RMB1,073.7 million (about US$155.6 million), up 112.9% year over year, driven mainly by retail vehicle sales revenue of RMB1,015.0 million, up 118.0%.

Retail transaction volume rose to 16,530 units, up 119.1% year over year, while gross margin stayed at 7.0%. However, net loss widened to RMB91.6 million and non-GAAP adjusted EBITDA loss increased to RMB34.3 million. Cash was RMB47.4 million with current liabilities exceeding current assets by about RMB156.1 million, though management believes existing resources and planned financings can cover the next twelve months.

Uxin Limited is forming a new joint venture with Hebei Chengying Investment Promotion Operation to support a planned used car superstore in Shijiazhuang, a major hub in the Beijing-Tianjin-Hebei region.

Uxin’s wholly owned subsidiary Uxin Anhui will contribute RMB30.0 million and Hebei Chengying will contribute RMB10.0 million, giving them 75% and 25% ownership of the joint venture’s registered capital. The partners aim to build a regional used car circulation and service hub and enhance the automotive aftermarket across North China, leveraging Uxin’s supply chain, digital operations, and standardized service capabilities.