Uxin CEO Sets Up Plan to Buy Up to $5 Million ADSs

MT Newswires Live
07/01

Uxin (UXIN) said Wednesday that an entity controlled by Chairman and Chief Executive Kun Dai has adopted a pre-arranged trading plan to purchase up to $5 million of the company's American depositary shares.

The plan was established to comply with US insider trading rules under the Securities and Exchange Act, the company said.

Purchases will begin only after a 90-day cooling-off period, Uxin added.

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