Uxin director-linked firm buys 105M shares
The director's reported purchase was attributed to Abundant Grace Investment Limited, an entity 71.5% held by NBNW.
Rhea-AI Filing Summary
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.
Positive
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Negative
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Insights
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Insider Trade Summary
Net Buyer: 104,931,794 shares
Net Buy
3 txns
Insider
Li Bin (William)
Role
Director
Bought
104,931,794 shs ($997K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A ordinary shares F1 | 104,931,794 | $0.0095 | $997K |
| holding | Class A ordinary shares F2 | -- | -- | -- |
| holding | Class A ordinary shares F3 | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 13,115,578,738 shares (Indirect, By Abundant Grace Investment Limited);
Class A ordinary shares — 17,030,073 shares (Indirect, By FAME DRAGON GLOBAL LIMITED);
Class A ordinary shares — 216,138,329 shares (Indirect, By Abundant Glory Investment L.P.)
Footnotes (3)
- F1. Abundant Grace Investment Limited ("Grace") holds a total of 18,317,745,804 Class A ordinary shares of the issuer. Grace is 71.5% held by NBNW Investment Limited ("NBNW"), and 28.2% held collectively by Eve One Fund II L.P. and EVE ONE FUND II (PARALLEL) L.P. (together, the "Funds"). Nio Capital II LLC ("Nio Capital II") holds 1% partnership interest in each of the Funds. As the general partner of the Funds, Nio Capital II may be deemed a beneficial owner of the issuer's securities beneficially owned by the Funds. Nio Capital II hereby disclaims beneficial ownership of any such securities for purposes of Section 16 of the '34 Act or otherwise, except to the extent of its pecuniary interest. The reporting person indirectly controls NBNW, and holds 35% equity interest in Nio Capital II.
- F2. FAME DRAGON GLOBAL LIMITED ("Fame") is 99% owned by the Funds collectively. Nio Capital II holds 1% partnership interest in each of the Funds. As the general partner of the Funds, Nio Capital II may be deemed a beneficial owner of the issuer's securities beneficially owned by the Funds. Nio Capital II hereby disclaims beneficial ownership of any such securities for purposes of Section 16 of the '34 Act or otherwise, except to the extent of its pecuniary interest The reporting person holds 35% equity interest in Nio Capital II.
- F3. Nio Capital II is the general partner of Abundant Glory Investment L.P. ("Glory"). The reporting person holds 35% equity interest in Nio Capital II.
Key Figures
Class A ordinary shares purchased: 104,931,794 shares
Price per share: $0.0095 per share
Shares following purchase: 13,115,578,738 shares
+4 more
7 metrics
Class A ordinary shares purchased
104,931,794 shares
Purchased by Abundant Grace Investment Limited on September 23, 2026
Price per share
$0.0095 per share
Purchase on September 23, 2026
Shares following purchase
13,115,578,738 shares
Transaction entry for Abundant Grace Investment Limited
Abundant Grace shares held
18,317,745,804 shares
Total stated in the ownership note
FAME DRAGON GLOBAL LIMITED shares
17,030,073 shares
Indirect holding listed on September 23, 2026
Abundant Glory Investment L.P. shares
216,138,329 shares
Indirect holding listed on September 23, 2026
NBNW ownership of Abundant Grace
71.5%
Ownership stated in the related note
Key Terms
pecuniary interest, general partner, beneficial owner, partnership interest
4 terms
pecuniary interest financial
"except to the extent of its pecuniary interest"
general partner financial
"As the general partner of the Funds"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
beneficial owner regulatory
"may be deemed a beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
partnership interest financial
"holds 1% partnership interest in each of the Funds"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was the UXIN purchase made under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
