Uxin (UXIN) CTO discloses 70,504,200-share option position

Rhea-AI Filing Summary

Uxin Ltd Chief Technology Officer Li Chengbin filed an initial ownership report detailing his employee share option holdings over Class A ordinary shares. He directly holds several option grants, including 120,000 underlying shares at an exercise price of 1.0300 per share and additional lower-priced tranches. He also indirectly holds options over 70,504,200 underlying Class A shares through IFAN Limited, a British Virgin Islands company beneficially owned by him through a trust, of which he is the sole director.

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^*

Li Chengbin

(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 Technology 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)	01/01/2019	08/20/2028	Class A ordinary shares	120,000	$1.03	D
Employee share options (right to buy)	06/10/2020	08/20/2028	Class A ordinary shares	58,800	$0.0333	D
Employee share options (right to buy)	12/15/2020	08/20/2028	Class A ordinary shares	107,700	$0.0333	D
Employee share options (right to buy)	06/03/2021	08/20/2028	Class A ordinary shares	63,000	$0.0033	D
Employee share options (right to buy)	09/14/2021	08/20/2028	Class A ordinary shares	15,000	$0.0033	D
Employee share options (right to buy)	11/10/2021	08/20/2028	Class A ordinary shares	18,300	$0.0033	D
Employee share options (right to buy)	03/16/2026	08/20/2028	Class A ordinary shares	70,504,200	$0.0001	I	By IFAN Limited(1)

Explanation of Responses:

1. Shares held of record by IFAN 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/ Chengbin Li	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 Uxin (UXIN) CTO Li Chengbin report in this Form 3 filing?

Li Chengbin reports his initial beneficial ownership of employee share options. The filing lists multiple option grants over Uxin Class A ordinary shares, showing both direct and indirect holdings but no reported buy or sell transactions.

How many Uxin Class A shares are covered by the CTO’s direct option grants?

The CTO’s direct option grants cover several tranches of underlying shares. These include 120,000, 58,800, 107,700, 63,000, 15,000 and 18,300 Class A ordinary shares, each with specified exercise prices and a 2028-08-20 expiration date.

What is the large indirect option holding disclosed for Uxin (UXIN)?

The filing shows an indirect option position over 70,504,200 shares. These employee share options relate to underlying Class A ordinary shares and carry an exercise price of 0.0001 per share, expiring on 2028-08-20, held through IFAN Limited.

Who is IFAN Limited in relation to Uxin CTO Li Chengbin’s holdings?

IFAN Limited is the entity through which a major option position is held. It is a British Virgin Islands company beneficially owned by Li Chengbin through a trust, and he is described as the sole director of this company.

Do the reported Uxin (UXIN) options in this Form 3 represent new market trades?

The Form 3 lists existing employee share option holdings, not market trades. Transaction summaries show no recorded buys or sells, indicating the filing is an initial statement of option ownership rather than a report of recent trading activity.

When do the Uxin employee share options held by the CTO expire?

All listed employee share options share the same expiration date. Each direct and indirect option grant reported in the filing has an expiration date of 2028-08-20, covering various exercise prices and underlying share amounts.