Uxin Limited (NASDAQ: UXIN), China's leading used car retailer, saw its stock soar 5.70% in pre-market trading on Monday following the release of strong second quarter financial results. The company reported significant growth in both sales volume and revenue, driven by its expanding superstore model.

For the quarter ended June 30, 2025, Uxin's total revenues reached RMB658.3 million ($91.9 million), representing a 64.1% increase year-over-year. This growth was primarily fueled by retail vehicle sales, which surged 87% to RMB607.6 million. The company's retail transaction volume hit 10,385 units, marking a substantial 153.9% jump from the same period last year and the fifth consecutive quarter of growth exceeding 140%.

While Uxin's gross margin slightly declined to 5.2% due to aggressive promotions in China's new car market, the company expects a strong rebound in the near future. Management raised its full-year 2025 growth guidance to approximately 130% compared to 2024, citing the continued ramp-up of newly launched superstores and strong sales momentum at existing locations as key growth drivers. Investors appear optimistic about Uxin's expanding market presence and improving operational efficiency, as reflected in the pre-market stock surge.