Uxin (UXIN) Chief Strategy Officer details large employee option positions

Rhea-AI Filing Summary

Uxin Ltd Chief Strategy Officer Jing Wenbing filed an initial Form 3 showing existing employee share option holdings over Class A ordinary shares. The filing lists several option awards with very low exercise prices and an expiration date of August 20, 2028.

The largest position is held indirectly through Gold Forest Limited, covering 112,806,600 underlying Class A ordinary shares, which Gold Forest holds via a trust beneficially owned by Jing, who is its sole director. The disclosure records current derivative holdings rather than new share purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Jing Wenbing

(Last) (First) (Middle)

NO. 16 GUANGSHUN S. AVENUE,

CHAOYANG DIST

(Street)

BEIJING 100102

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Uxin Ltd [ UXIN ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Strategy Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee share options (right to buy)	01/01/2022	08/20/2028	Class A ordinary shares	150,300	(1)	D
Employee share options (right to buy)	06/14/2022	08/20/2028	Class A ordinary shares	258,000	(2)	D
Employee share options (right to buy)	08/19/2022	08/20/2028	Class A ordinary shares	534,600	(2)	D
Employee share options (right to buy)	12/15/2022	08/20/2028	Class A ordinary shares	347,100	(2)	D
Employee share options (right to buy)	03/15/2023	08/20/2028	Class A ordinary shares	575,700	(3)	D
Employee share options (right to buy)	06/16/2023	08/20/2028	Class A ordinary shares	774,000	(3)	D
Employee share options (right to buy)	09/28/2023	08/20/2028	Class A ordinary shares	1,759,500	(3)	D
Employee share options (right to buy)	03/16/2026	08/20/2028	Class A ordinary shares	112,806,600	(1)	I	By Gold Forest Limited(4)

Explanation of Responses:

1. The exercise price is $0.0001.

2. The exercise price is $0.00000003.

3. The exercise price is $0.00001.

4. Shares held of record by Gold Forest Limited, a British Virgin Islands company beneficially owned by the reporting person through a trust, of which the reporting person is the sole director.

	/s/ Wenbing Jing	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Jing Wenbing report in this Uxin (UXIN) Form 3 filing?

The filing reports Jing Wenbing’s existing employee share option holdings over Uxin’s Class A ordinary shares. It details multiple option awards with very low exercise prices, an August 20, 2028 expiration date, and both direct and indirect positions, including a large block held through Gold Forest Limited.

How large is the biggest option position disclosed for Uxin (UXIN)?

The largest position covers 112,806,600 underlying Class A ordinary shares linked to employee share options. This block is held indirectly through Gold Forest Limited and is part of the overall derivative holdings disclosed as of the Form 3, rather than a new transaction.

What is the relationship between Gold Forest Limited and Jing Wenbing at Uxin (UXIN)?

Gold Forest Limited is a British Virgin Islands company whose shares are held of record and are beneficially owned by Jing Wenbing through a trust. Footnotes state Jing is the sole director, so the large option position at Gold Forest is attributed as an indirect holding.

What exercise prices and terms apply to the Uxin (UXIN) employee share options?

Footnotes show extremely low exercise prices for the options, including $0.0001, $0.00001, and $0.00000003 per share. All disclosed option series reference Class A ordinary shares and share a common expiration date of August 20, 2028, according to the filing.

Does this Uxin (UXIN) Form 3 show any insider share purchases or sales?

The Form 3 records existing holdings and classifies entries as option “holdings,” with transaction codes marked unknown and no buy or sell indicators. It therefore functions as an initial beneficial ownership statement rather than evidence of open-market purchases or sales by the insider.

What types of securities are disclosed in Jing Wenbing’s Uxin (UXIN) Form 3?

All disclosed positions are employee share options (right to buy) referencing Uxin’s Class A ordinary shares. The derivative summary lists multiple option awards, each tied to specific grant and expiration dates, highlighting Jing’s direct and indirect derivative exposure instead of common-share holdings.