Stock Track | Uxin Soars 6.02% in Pre-Market on $50 Million Investment from NIO Capital and Prestige Shine

Stock Track

12/26

Uxin Limited (Nasdaq: UXIN) surged 6.02% in pre-market trading Friday after announcing a $50 million equity investment from affiliates of NIO Capital and Prestige Shine Group. The funding will support the company's aggressive expansion of its used-car superstore network in China.

Under the agreement, Uxin will issue 5.25 billion Class A ordinary shares at $0.00953 per share (equivalent to $2.859 per ADS). NIO Capital affiliates will invest $20 million, while Prestige Shine contributes $30 million. The proceeds are earmarked for launching 4-6 new superstores in 2026 and strengthening the company's financial position.

The investment comes alongside Uxin's improving operational metrics, including a 7.5% gross margin in its latest quarter and a doubling of retail vehicle sales year-over-year. CEO Kun Dai emphasized that the funding reflects long-term investors' confidence in Uxin's omni-channel strategy and growth potential in China's used-car market.

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CEO Kun Dai emphasized that the funding reflects long-term investors' confidence in Uxin's omni-channel strategy and growth potential in China's used-car market.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UXIN","symbol_name":"優信","start_time":0,"source_url":"","article_id":"1120451058","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1120451058","pubTimestamp":1766754160,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Uxin Limited (Nasdaq: UXIN) surged 6.02% in pre-market trading Friday after announcing a $50 million equity investment from affiliates of NIO Capital and Prestige Shine Group. 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