Uxin Announces Official Opening of Its Jinan Used Car Superstore | UXIN Stock News

, /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced the official opening of its used car superstore in the city of Jinan in Shandong Province. The Jinan location marks Uxin's fifth large-scale superstore, following successful openings in Xi'an, Hefei, Wuhan, and Zhengzhou.Phase one of the Jinan superstore encompasses approximately 40,000 square meters and can accommodate more than 1,000 vehicles for display and sale at full capacity. The superstore's launch will further strengthen Uxin's market presence across Northern China and the Shandong province, accelerating the shift toward scaled, branded, and standardized used car retailing in the area.As the capital city of Shandong Province, Jinan has emerged as a fast-growing automotive hub. The city now has over 4 million registered vehicles, making it one of Shandong's most important auto consumption markets and a key driver of regional consumption growth. Beyond serving local demand, Jinan's strategic location enables it to radiate across the entire province and act as a vital transportation and logistics hub connecting Eastern and Northern China, as well as supporting broader Belt and Road trade flows. These advantages create significant potential for the development of large-scale used car circulation.With the opening of the Jinan superstore, Uxin has now completed all three new superstores planned for 2025. Looking ahead, the Company expects to open four to six additional superstores in 2026. Previously, Uxin has already announced strategic partnership agreements for new superstores in Guangzhou, Tianjin, and Yinchuan, with planning and development for other locations progressing steadily.About UxinUxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline superstores with inventory capacities ranging from 2,000 to 8,000 vehicles. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of China's used car industry.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Uxin's strategic and operational plans, contain forward-looking statements. Uxin may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Uxin's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Uxin's goal and strategies; its expansion plans; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its products and services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry and other related industries; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Uxin's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Uxin does not undertake any obligation to update any forward-looking statement, except as required under applicable law.For investor and media enquiries, please contact: Uxin Limited Investor RelationsUxin LimitedEmail: ir@xin.comThe Blueshirt GroupMr. Jack WangPhone: +86 166-0115-0429Email: Jack@blueshirtgroup.coSOURCE Uxin Limited