STOCK TITAN

Uxin (NASDAQ: UXIN) CEO plans personal purchase of up to US$5M in ADSs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

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.

Positive

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Negative

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Insights

CEO’s planned US$5M ADS purchases signal confidence but are not yet binding.

Uxin discloses that CEO Kun Dai intends to use personal funds to purchase up to US$5 million of American Depositary Shares over 12 months from June 25, 2026. This is an intention, not an executed transaction, and remains subject to regulations and company policy.

The statement combines this plan with strategic targets: operating 50 superstores and exceeding one million annual units by 2030. These are long-term ambitions rather than near-term financial commitments. The filing does not change capital structure directly, so its immediate investment impact is moderate and largely signaling in nature.

Planned ADS purchases up to US$5 million Maximum aggregate value of ADSs CEO intends to buy
Plan duration 12-month period Starting from June 25, 2026 for CEO ADS purchases
Start date June 25, 2026 Beginning of 12-month CEO ADS purchase period
Superstore target 50 superstores Planned operational footprint by 2030
Transaction volume goal exceeding one million units Annual used car transactions targeted by 2030
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.
insider trading policy regulatory
"in the 12-month period 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.
trillion-RMB market financial
"China’s used car market is a trillion-RMB market with substantial long-term growth potential"
forward-looking statements regulatory
"This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
safe harbor regulatory
"made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995"
Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month June 2026

 

Commission File Number: 001-38527

 

 

 

Uxin Limited

(Registrant’s Name)

 

 

 

21/F, Donghuang Building,

No. 16 Guangshun South Avenue

Chaoyang District,

Beijing 100102

People’s Republic of China

(Address of Principal Executive Offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  UXIN LIMITED
   
 

By:

/s/ Feng Lin

  Name: Feng Lin
  Title: Chief Financial Officer

 

Date: June 18, 2026

 

 

 

 

Exhibit 99.1

 

Uxin Announces Management Share Purchase Plan

 

BEIJING, June 18, 2026 — 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

 

 

 

FAQ

What management share purchase plan did Uxin (UXIN) announce?

Uxin disclosed that CEO Kun Dai intends to use his personal funds to purchase up to an aggregate of US$5 million of Uxin American Depositary Shares. The plan covers a 12-month period starting from June 25, 2026, and remains subject to applicable rules and Uxin’s insider trading policy.

When will Uxin (UXIN) CEO Kun Dai’s share purchase plan start and how long will it last?

The plan is expected to run for 12 months, starting from June 25, 2026. During this period, Kun Dai intends to purchase up to an aggregate of US$5 million of Uxin’s American Depositary Shares, subject to regulatory requirements and the company’s insider trading policy.

How large is the potential share purchase by Uxin (UXIN) CEO in dollar terms?

Kun Dai intends to purchase up to an aggregate of US$5 million of Uxin American Depositary Shares. This amount represents the maximum planned investment using his personal funds within the specified 12‑month period beginning June 25, 2026, assuming all conditions are satisfied during that timeframe.

What long-term operational goals did Uxin (UXIN) highlight alongside the share purchase plan?

Uxin stated that its current plan is to operate 50 superstores and achieve annual transaction volume exceeding one million units by 2030. Management ties these goals to confidence in China’s trillion‑RMB used car market and Uxin’s data-driven, scale-focused business model.

How does Uxin (UXIN) describe the market opportunity for its used car business?

Uxin describes China’s used car market as a trillion-RMB market with substantial long-term growth potential. The company believes its data-driven operating model, inventory turnover capabilities, and planned expansion to 50 superstores position it to capture greater market share as industry consolidation continues.

What risks and uncertainties does Uxin (UXIN) mention in its forward-looking statements?

Uxin notes risks around timing and satisfaction of transaction conditions, execution of expansion and financing plans, demand and market acceptance, maintaining partner relationships, competition in used car e-commerce, regulatory developments, and broader economic conditions. These factors could cause actual results to differ materially from current expectations.

Filing Exhibits & Attachments

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