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Uxin (NASDAQ: UXIN) secures US$15M of planned US$50M equity investment

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

Rhea-AI Filing Summary

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.

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Insights

Uxin secures US$15M tranche of a larger US$50M equity commitment.

Uxin has completed the issuance of Class A ordinary shares for US$15 million to parties designated by NIO Capital at US$0.00953 per share (equivalent to US$2.859 per ADS). This directly strengthens the company’s equity capital base.

The transaction forms part of a broader US$50 million commitment from NIO Capital affiliates and Prestige Shine Group Limited, covering 5,246,589,717 Class A ordinary shares. The remaining committed capital is still subject to customary closing conditions, so actual funding will depend on those conditions being met.

The presence of named institutional investors provides external validation of Uxin’s business at the agreed valuation. Subsequent filings may provide updates on the timing and completion of the remaining US$35 million commitment and any related strategic collaboration dynamics.

New investment closed US$15 million Completed subscription by parties designated by NIO Capital
Total NIO Capital commitment US$20 million Affiliates of NIO Capital under Share Subscription Agreements
Prestige Shine commitment US$30 million Prestige Shine Group Limited agreed investment
Aggregate planned investment US$50 million Total from NIO Capital affiliates and Prestige Shine
Issue price per ordinary share US$0.00953 per share Price for Class A ordinary shares
ADS equivalent price US$2.859 per ADS Equivalent to Class A ordinary share price
Shares covered by agreements 5,246,589,717 shares Aggregate Class A ordinary shares under US$50M commitment
Share Subscription Agreements financial
"under the previously announced share subscription agreements entered into on December 26, 2025"
A share subscription agreement is a contract where an investor agrees to buy newly issued shares directly from a company under specified terms, such as the number of shares, the price, and any conditions for completing the purchase. For investors, it matters because it brings new cash into the business and changes who owns what percentage of the company—similar to reserving extra seats at a table, it can dilute existing ownership, alter control, and signal the company’s financing needs and future growth prospects.
American depositary share financial
"a 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.
forward-looking statements regulatory
"This press release contains statements that may constitute “forward-looking” statements"
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.
customary closing conditions financial
"working toward closing the remaining committed investment under the Share Subscription Agreements, subject to the satisfaction of customary closing conditions"
"Customary closing conditions" are standard rules or checks that must be met before a business deal can be finalized, like making sure all paperwork is in order or that certain approvals are obtained. They matter because they help protect both parties, ensuring everything is in place and reducing the risk of surprises or problems after the deal is closed.
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Learn about SEC filing dates

 

 

 

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 29, 2026

 

 

 

 

Exhibit 99.1

 

Uxin Announces Closing of US$15 Million Investment from Parties Designated by NIO Capital under Previously Announced Share Subscription Agreements

 

BEIJING, June 29, 2026 — Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading used car retailer in China, today announced that the Company and parties designated by NIO Capital have completed the subscription for, and issuance of, Class A ordinary shares of the Company for an aggregate purchase price of US$15 million, at a purchase price of US$0.00953 per Class A ordinary share (equivalent to US$2.859 per American depositary share). This amount represents a portion of the US$20 million committed by affiliates of NIO Capital under the previously announced share subscription agreements entered into on December 26, 2025 with affiliates of NIO Capital and Prestige Shine Group Limited (collectively, the “Investors”) (the “Share Subscription Agreements”).

 

Under the Share Subscription Agreements, affiliates of NIO Capital agreed to invest US$20 million and Prestige Shine Group Limited agreed to invest US$30 million in the Company, for an aggregate of 5,246,589,717 Class A ordinary shares and aggregate consideration of US$50 million at a purchase price of US$0.00953 per Class A ordinary share (equivalent to US$2.859 per American depositary share).

 

The Company and the Investors are actively working toward closing the remaining committed investment under the Share Subscription Agreements, subject to the satisfaction of customary closing conditions.

 

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 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 investment did Uxin (UXIN) announce from parties designated by NIO Capital?

Uxin announced it received a new equity investment of US$15 million from parties designated by NIO Capital. The funding comes through a subscription for newly issued Class A ordinary shares under previously announced share subscription agreements.

At what price were Uxin (UXIN) shares issued in the latest US$15 million investment?

The new Uxin Class A ordinary shares were issued at US$0.00953 per share. This price is equivalent to US$2.859 per American depositary share, setting the valuation terms for this tranche of the broader investment commitment.

What is the total investment commitment in Uxin (UXIN) under the Share Subscription Agreements?

Under the Share Subscription Agreements, affiliates of NIO Capital and Prestige Shine Group Limited agreed to invest US$50 million in Uxin. This covers an aggregate of 5,246,589,717 Class A ordinary shares at a price of US$0.00953 per share.

How much have NIO Capital affiliates committed to invest in Uxin (UXIN)?

Affiliates of NIO Capital agreed to invest US$20 million in Uxin. Of this commitment, US$15 million has now closed through the completed subscription, with the remaining amount subject to customary closing conditions under the agreements.

What is Prestige Shine Group Limited’s role in Uxin (UXIN)’s financing agreements?

Prestige Shine Group Limited agreed to invest US$30 million in Uxin as part of the Share Subscription Agreements. Together with NIO Capital affiliates’ commitments, this brings total planned investment to US$50 million in newly issued Class A ordinary shares.

Are there conditions remaining before Uxin (UXIN) receives the full US$50 million investment?

Yes. Uxin states that it and the investors are actively working toward closing the remaining committed investment. Completion of the rest of the US$50 million under the Share Subscription Agreements remains subject to satisfaction of customary closing conditions.

Filing Exhibits & Attachments

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