---
title: "Uxin CEO to Buy Up to US$5 Million in ADSs Amid China Used Car Slowdown"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290218361.md"
description: "Uxin CEO Kun Dai plans to purchase up to US$5 million in ADSs over 12 months, signaling confidence amid China's used car market slowdown. This move supports Uxin's strategy for industry consolidation and long-term growth targets. Meanwhile, TipRanks' AI analyst rates UXIN stock as Neutral, citing weak financial performance despite positive technical indicators."
datetime: "2026-06-18T13:28:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290218361.md)
  - [en](https://longbridge.com/en/news/290218361.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290218361.md)
---

# Uxin CEO to Buy Up to US$5 Million in ADSs Amid China Used Car Slowdown

Uxin ( (UXIN) ) has issued an update.

Uxin Limited, a major player in China’s used car retail sector, reported on June 18, 2026 that its chairman and chief executive officer, Kun Dai, plans to use personal funds to purchase up to US$5 million of the company’s American Depositary Shares over a 12‑month period starting June 25, 2026. The move comes as China’s used car industry faces headwinds from a slowdown in the new vehicle market, highlighting Uxin’s emphasis on its data-driven operations and inventory turnover advantages.

Dai framed the planned share purchases as a signal of confidence in Uxin’s long-term prospects and its strategy to capitalize on industry consolidation and the sizeable, trillion‑RMB used car market. Management reiterated a long-term goal of operating 50 superstores and surpassing one million annual transactions by 2030, positioning the plan as both a commitment to shareholders and a bet on the company’s ability to gain market share and strengthen its competitive position.

**Spark’s Take on UXIN Stock**

According to Spark, TipRanks’ AI Analyst, UXIN is a Neutral.

The score is held back primarily by weak financial performance (loss-making operations, negative equity, and negative operating cash flow). Technicals are a meaningful positive with price above key moving averages and positive momentum indicators, but valuation remains unattractive due to ongoing losses (negative P/E) and no dividend support.

To see Spark’s full report on UXIN stock,  
click here.

**More about Uxin**

Uxin Limited is a leading used car retailer in China, operating an omni-channel model that combines a pioneering online platform with offline inspection and reconditioning centers. The company focuses on providing high-quality, value-for-money vehicles and superior after-sales services through a one-stop, data-driven transaction experience for customers nationwide.

Leveraging more than a decade of industry data and technology innovation, Uxin has built strong used car management and operational capabilities. The company aims to drive the healthy development and transformation of China’s used car market while maintaining a customer-centric approach and establishing regional market leadership.

**Average Trading Volume:** 157,783

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $411.2M

Find detailed analytics on UXIN stock on TipRanks’ Stock Analysis page.

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