# Uxin Announces Adoption of Rule 10b5-1 Purchase Plan by Entity Controlled by Chairman and CEO

- Link: https://www.thailand-business-news.com/pr-news/uxin-announces-adoption-of-rule-10b5-1-purchase-plan-by-entity-controlled-by-chairman-and-ceo
- Published: 2026-07-01T16:00:00+07:00
- Author: PR Newswire

BEIJING, July 1, 2026 /PRNewswire/ — Uxin Limited ("Uxin" or the "Company") (Nasdaq:
UXIN), a leading used car retailer in China, today announced that the Company has
been informed by Mr. Kun Dai, chairman of the board of directors and chief executive
officer of the Company, that Xin Gao Group Limited, an entity controlled by Mr. 
Kun Dai, has entered into a pre-arranged trading plan on June 30, 2026 to purchase
up to US$5 million of the Company’s American Depositary Shares under his share purchase
plan previously announced on June 18, 2026. The plan is required to satisfy the 
affirmative defense provided by Rule 10b5-1 under the Securities Exchange Act of
1934, as amended. The plan was adopted in accordance with the Company’s insider 
trading policy. Under the plan, purchases will be executed only if and when the 
purchase price is no more than US$2.85 per American Depositary Share, among other
conditions. To satisfy the 90-day cooling-off period requirement by Rule 10b5-1 
under the Securities Exchange Act of 1934, purchases under the plan are authorized
to commence on September 28, 2026.

**About Uxin**

Uxin 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 inspection
and reconditioning centers. 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 the used car
industry.

**Safe Harbor Statement**

This press release contains statements that may constitute "forward-looking" statements
which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be identified
by terminology such as "will," "expects," "anticipates," "aims," "future," "intends,""
plans," "believes," "estimates," "likely to," and similar statements. Statements
that are not historical facts, including statements about Uxin’s beliefs, plans,
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
and successful completion of certain financing transactions; its future business
development, financial condition and results of operations; Uxin’s expectations 
regarding demand for, and market acceptance of, its 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;
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.

**For investor and media enquiries, please contact:Uxin Limited Investor RelationsUxin
Limited
Email: [ir@xin.com](https://www.thailand-business-news.com/pr-news/ir@xin.com)

**The Blueshirt GroupMr. Jack Wang
Phone: +86 166-0115-0429Email: [Jack@blueshirtgroup.co](https://www.thailand-business-news.com/pr-news/Jack@blueshirtgroup.co)

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**Read the original article :** [Uxin Announces Adoption of Rule 10b5-1 Purchase Plan by Entity Controlled by Chairman and CEO ](http://www.prnasia.com/story/archive/4996272_CN96272_0?rand=184833)