On October 31, Chinese used-car retailer Uxin Group (UXIN.US) announced a strategic cooperation agreement with Guangzhou Development District. The partnership will establish a Uxin used-car warehouse-style factory store in Guangzhou, with a total planned investment of RMB 1 billion. The project aims to create a modern automotive industry complex integrating intelligent remanufacturing and one-stop retail services, with an expected inventory capacity exceeding 3,000 vehicles.
The Guangzhou facility will include an intelligent remanufacturing factory and a one-stop warehouse superstore, covering the full spectrum of used-car services—repair, refurbishment, warehousing, display, transactions, ownership transfer, and after-sales support—forming a closed-loop system from procurement to sales delivery. This initiative is designed to provide consumers with a more efficient, transparent, and high-quality car-buying experience.
This collaboration marks another key step in Uxin’s nationwide expansion strategy. The company has already successfully launched warehouse-style factory stores in Xi'an, Hefei, Wuhan, and Zhengzhou, with its "offline warehouse superstore + online nationwide purchase" model gaining recognition from governments, industrial funds, and consumers. The Guangzhou project will further enhance Uxin’s service capabilities and operational efficiency in South China, boosting regional auto consumption and improving used-car circulation efficiency and service quality. Additionally, it will promote coordinated development across the automotive supply chain, optimize resource utilization, and support green, low-carbon economic growth.
Uxin Group President Wenbing Jing highlighted Guangzhou Development District’s strategic location, favorable business environment, and strong automotive industry foundation. Leveraging Guangzhou’s robust industrial ecosystem and policy support, Uxin aims to drive transformation in the used-car sector through advanced remanufacturing facilities, big-data operations, and an integrated retail system, delivering higher-quality and more reliable used-car retail experiences to consumers.
The Guangzhou facility will be jointly developed by Uxin Group and Guangzhou Zhiyuan New Energy Co., Ltd., a wholly-owned subsidiary of Guangzhou Development District Transportation Investment Group. The latter serves as a key "transportation+" industrial investment and operations platform in the district, with registered capital of RMB 2 billion and total assets nearing RMB 10 billion, demonstrating strong capital strength and industrial integration capabilities.