Uxin Announces Strategic Partnership with Wuhan City Economic & Technological Development Zone
Uxin Limited - American Depositary Shares (UXIN)
Last uxin limited - american depositary shares earnings: 3/14 12:30 am
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Source: PR Newswire
BEIJING, Oct. 16, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN), China's leading used car retailer, today announced a strategic partnership with Wuhan City Economic & Technological Development Zone. The Company will establish a joint venture with Wuhan Junshan Urban Asset Operation Co., Ltd. ("Wuhan Junshan"), a company indirectly controlled by Wuhan City Economic & Technological Development Zone. Pursuant to the joint venture agreement, Uxin (Anhui) Industrial Investment Co., Ltd. ("Uxin Anhui"), a wholly-owned subsidiary of Uxin, will contribute RMB66.7 million and Wuhan Junshan will contribute RMB33.3 million, representing approximately 66.7% and 33.3% of the joint venture's total registered capital, respectively.The joint venture aims to support Uxin's plan to establish a new used car super store in Wuhan City, Hubei Province. Wuhan City is one of the top ten cities in China, with a permanent population of
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News
- Uxin Announces Strategic Partnership with Wuhan City Economic & Technological Development Zone [Yahoo! Finance]Yahoo! Finance
- Uxin's High-Speed Pursuit Of Profit: Debt-Driven Expansion [Seeking Alpha]Seeking Alpha
- Uxin First Quarter 2025 Earnings: CN¥0.27 loss per share (vs CN¥19.30 loss in 1Q 2024) [Yahoo! Finance]Yahoo! Finance
- Uxin eyes EBITDA profitability ahead, posts smaller loss; shares rise [Seeking Alpha]Seeking Alpha
- Why Uxin Stock Was Skyrocketing Today [Yahoo! Finance]Yahoo! Finance
UXIN
Sec Filings
- 11/6/24 - Form SC
- 11/4/24 - Form 6-K
- 10/23/24 - Form SC
- UXIN's page on the SEC website