Fei Dai

Gary Dvorchak

Wen Jidai

Wenjie Dai

- **Uxin Limited** reported a **61.4% increase** in total revenues to **RMB 1,162.5 million** (US$162.3 million) for the six months ended June 30, 2025, compared to RMB 720.3 million for the same period in 2024, primarily driven by a **148.5% increase** in retail transaction volume.  **[1729173_0001493152-25-017885_ex99-2.htm:6]** 
- The company's **net loss attributable to Uxin Limited** decreased to **RMB 126.868 million** (US$17.709 million) for the six months ended June 30, 2025, from RMB 195.820 million for the six months ended June 30, 2024.  **[1729173_0001493152-25-017885_ex99-1.htm:2]** 
- As of June 30, 2025, **current liabilities exceeded current assets by approximately RMB 202.2 million**, and the company had an **accumulated deficit of RMB 19.7 billion**, which raises **substantial doubt about its ability to continue as a going concern**.  **[1729173_0001493152-25-017885_ex99-2.htm:9]** **[1729173_0001493152-25-017885_ex99-2.htm:9]** 
- Uxin Limited completed share subscriptions with **Lightwind Global Limited** for **US$7.3 million** in April 2025 and received **US$19.0 million** from **Fame Dragon Global Limited** by June 30, 2025, with an additional **US$8.8 million** received in August 2025.  **[1729173_0001493152-25-017885_ex99-2.htm:9]** **[1729173_0001493152-25-017885_ex99-2.htm:9]**

Uxin Limited Reports H1 2025 Financial Results with Revenue Growth and Going Concern Warning

- Uxin Limited reported robust **Q2 2025 retail transaction volume of 10,385 units**, marking a **154% year-over-year increase**, contributing to **total revenue of RMB 658 million**, up **64% year over year**.  **[1729173_2160668_0]** **[1729173_2160668_2]** 
- Despite a **Q2 2025 gross margin of 5.2%**, impacted by new car price wars and new store ramp-up, the company achieved a **51% year-over-year reduction in adjusted EBITDA loss to RMB 16.5 million**.  **[1729173_2160668_2]** 
- For **Q3 2025, Uxin forecasts retail transaction volume of 13,500 to 14,000 units** (over 130% year-over-year growth) and **total revenue between RMB 830 million and RMB 860 million**, with **gross margin expected to rebound to approximately 7.5%**.  **[1729173_2160668_2]** 
- The company officially opened its **fourth large-scale superstore in Zhengzhou on September 27**, capable of accommodating up to **5,000 vehicles**, and anticipates **full year 2025 retail transaction volume growth of approximately 130%**.  **[1729173_2160668_1]**  Uxin plans to use **measured incremental equity financing** to support its expansion over the next two to three years.  **[1729173_2160668_3]**

Uxin Limited Announces Q2 2025 Results and Q3 2025 Guidance

- Uxin reported **total revenues of RMB658.3 million (US$91.9 million)** for the quarter ended June 30, 2025, representing a **64.1% increase year-over-year**.  **[1729173_0001493152-25-015884_ex99-1.htm:0]** **[1729173_0001493152-25-015884_ex99-1.htm:1]** 
- **Retail transaction volume grew by 153.9% year-over-year to 10,385 units** for the three months ended June 30, 2025.  **[1729173_0001493152-25-015884_ex99-1.htm:0]** **[1729173_0001493152-25-015884_ex99-1.htm:1]** 
- The **gross margin was 5.2%** for Q2 2025, compared to 6.4% in the same period last year, impacted by the new car price war in China and the early ramp-up of the Wuhan superstore.  **[1729173_0001493152-25-015884_ex99-1.htm:0]** **[1729173_0001493152-25-015884_ex99-1.htm:1]** 
- The company reported a **loss from operations of RMB43.1 million (US$6.0 million)** and a **Non-GAAP adjusted EBITDA loss of RMB16.5 million (US$2.3 million)** for the quarter ended June 30, 2025.  **[1729173_0001493152-25-015884_ex99-1.htm:0]** 
- For the third quarter of 2025, Uxin expects **total revenues between RMB830 million and RMB860 million** and a **gross margin recovery to approximately 7.5%**.  **[1729173_0001493152-25-015884_ex99-1.htm:3]**  The full-year 2025 retail transaction volume growth guidance was raised to approximately **130%** year-over-year.  **[1729173_0001493152-25-015884_ex99-1.htm:0]**

Uxin Reports Q2 2025 Unaudited Financial Results

- Uxin reported **total revenues of RMB658.3 million (US$91.9 million)** for the quarter ended June 30, 2025, representing a **64.1% increase year-over-year**.  **[1729173_20250929CN85002:0]** **[1729173_20250929CN85002:1]** 
- **Retail transaction volume increased by 153.9% year-over-year** to **10,385 units** in Q2 2025, marking the fifth consecutive quarter of growth above 140%.  **[1729173_20250929CN85002:0]** **[1729173_20250929CN85002:1]** 
- The company's **gross margin was 5.2%** for the quarter, a decrease from 7.0% in the prior quarter, primarily due to aggressive new car promotions in China and the early-stage ramp-up of its Wuhan superstore.  **[1729173_20250929CN85002:0]** **[1729173_20250929CN85002:2]** 
- **Loss from operations was RMB43.1 million (US$6.0 million)** and **Non-GAAP adjusted EBITDA was a loss of RMB16.5 million (US$2.3 million)** for the three months ended June 30, 2025.  **[1729173_20250929CN85002:0]** 
- For Q3 2025, Uxin expects **retail transaction volume between 13,500 and 14,000 units**, **total revenues between RMB830 million and RMB860 million**, and anticipates **gross margin to recover to approximately 7.5%**.  **[1729173_20250929CN85002:3]**  The company also raised its **full-year 2025 retail transaction volume growth guidance to approximately 130%** compared to calendar year 2024.  **[1729173_20250929CN85002:0]**

Uxin Reports Q2 2025 Financial Results

- **Uxin Limited** (Nasdaq: UXIN) announced the official opening of its new used car superstore in **Zhengzhou, Henan Province**, on **September 27, 2025**.  **[1729173_20250926CN83304:0]** 
- The Zhengzhou superstore, Uxin's **fourth** of its kind, spans approximately **150,000 square meters** and can accommodate up to **5,000 vehicles** for display and sale.  **[1729173_20250926CN83304:0]** 
- This strategic expansion into Zhengzhou, a major transportation hub and one of China's top ten cities for used car transactions, is anticipated to be a **key growth driver** for Uxin's sales volume and financial performance.  **[1729173_20250926CN83304:0]**

Uxin Announces Grand Opening of Zhengzhou Used Car Superstore

- Uxin is pursuing an ambitious expansion strategy in China's used car market, aiming for **50 superstores by 2030** and **150+ by 2035**, projecting **$15 billion annual revenue by 2030**.  **[1729173_2146121_5]** 
- The company reported significant growth with **134%** year-over-year retail transaction volume growth in **2024** and provided **2025 guidance for over 100%** retail growth.  **[1729173_2146121_4]** 
- Uxin achieved its **first quarterly positive adjusted EBITDA in Q4 2024** and is targeting **full-year adjusted EBITDA break-even in 2025**.  **[1729173_2146121_4]** 
- Key competitive advantages include a hybrid online/offline superstore model, efficient in-house reconditioning at a cost of approximately **$150** per car, and inventory financing that drives **over 150%** annual capital return for mature superstores.  **[1729173_2146121_1]** **[1729173_2146121_4]**

Uxin Outlines Ambitious Expansion and Strong Growth in China's Used Car Market

- Uxin Limited is undergoing nationwide expansion, having opened a **Wuhan superstore in March 2025** and planning two more in 2025. The company aims for **50 superstores by 2030**, targeting **1.5 million units in annual retail volume** and **$15+ billion in sales revenue**.  **[1729173_2145424_2]** **[1729173_2145424_4]** **[1729173_2145424_5]** 
- China's used car market has a **4-5 times growth potential** compared to the U.S. market. Uxin differentiates itself with a hybrid online/offline superstore model, advanced reconditioning factories, and an AI-powered pricing system, giving it a significant advantage over the **95% fragmented market**.  **[1729173_2145424_1]** **[1729173_2145424_2]** **[1729173_2145424_4]** **[1729173_2145424_5]** 
- Uxin achieved its first positive **adjusted EBITDA in Q4 2024** and guides for **adjusted EBITDA break-even in 2025**. The company reported **134% year-over-year retail growth in 2024** and **140% in Q1 2025**, with guidance for **over 100% retail growth in 2025**.  **[1729173_2145424_4]**

Uxin (UXIN)