Uxin Forms Strategic Partnership with Huigang Qihang and Jiangyin Chan Fa Ke Chuang
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2026
0mins
Uxin announced a strategic partnership with Huigang Qihang and Jiangyin Chan Fa Ke Chuang to establish Uxin Intelligent Remanufacturing. Pursuant to the joint venture agreement, Uxin Anhui, a wholly owned subsidiary of the company, will contribute RMB 68M, Huigang Qihang will contribute RMB 16M, and Chan Fa Ke Chuang will contribute RMB 16M, representing approximately 68%, 16%, and 16% of the joint venture's total registered capital, respectively. The joint venture will be established to support Uxin's plan to establish a new used car superstore in Jiangyin. This initiative is an important collaboration between Uxin and state-owned enterprises in Jiangyin, is aimed at promoting the development of the automotive aftermarket industry in Jiangsu Province and building a brand in China's used car industry.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy UXIN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on UXIN
About UXIN
Uxin Ltd is a company mainly engaged in operating used car e-commerce platform in China. The Company is engaged in the provision of a comprehensive transaction solution that encompasses the entire value chain, ranging from used-car acquisition, inspection and reconditioning, warehousing, as well as pre-sales and after-sales services. The vehicle sales business consists of retail vehicle sales business and wholesale vehicle sales business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Uxin Launches Used Car Superstore in Chongqing
- Project Launch: Uxin's new used car superstore project in Chongqing will integrate a large-scale reconditioning facility, showcasing and selling over 5,000 vehicles, marking a significant expansion in the southwestern market.
- Market Potential: As one of China's four municipalities, Chongqing has a population exceeding 30 million and over 6 million registered vehicles, providing substantial growth opportunities for the used car market and automotive aftermarket, which is expected to drive Uxin's sales growth.
- Strategic Positioning: The opening of this superstore will further solidify Uxin's strategic presence in southwestern China and create synergies with its nationwide superstore network, enhancing service coverage in key markets.
- Consumer Experience: Uxin aims to leverage Chongqing's geographic advantages and strong automotive consumer base to provide a reliable, high-quality, and value-for-money one-stop used car purchasing experience, thereby promoting the standardized and quality development of the used car industry in Chongqing.
See More
Uxin Launches Used Car Superstore in Chongqing
- Project Launch: Uxin's new used car superstore project in Chongqing will integrate a large-scale reconditioning facility with a capacity to display and sell over 5,000 vehicles, expected to commence operations in 2026, marking a significant expansion in the southwestern market.
- Market Potential: As one of China's four direct-controlled municipalities, Chongqing has a population exceeding 30 million and over 6 million registered vehicles, providing substantial growth opportunities for the used car market and the broader automotive aftermarket, thereby strengthening Uxin's market position.
- Successful Model Replication: Uxin has successfully expanded large used car superstores to six major cities in China, and the Chongqing project is set to enhance service coverage in western markets through synergies with its existing superstore network, promoting standardization and replication of its business model.
- Strategic Importance: Uxin's President, Wenbing Jing, highlighted that Chongqing's geographic advantages will facilitate the company's strategic expansion in southwestern China, leveraging a strong automotive consumer base and an active used car market to enhance the purchasing experience and contribute to the healthy development of Chongqing's used car industry.
See More
Uxin Reports Significant Growth in 2025 Transaction Volume and Revenue
- Surge in Transaction Volume: Uxin achieved a retail transaction volume of 51,110 units in 2025, marking a 135% year-over-year increase, indicating strong demand and market share growth in the used car sector for the second consecutive year.
- Significant Revenue Growth: Total revenue for 2025 reached RMB3.24 billion, up 79% year over year, reflecting the company's success in sales and market expansion, further solidifying its leadership position in the industry.
- Gross Margin Fluctuations: Although the gross margin for Q4 2025 fell to 6.8% from 7.5% in the previous quarter due to promotional activities and increased initial operating costs of new superstores, management expects a recovery to above 7% in 2026, demonstrating confidence in future profitability.
- New Store Expansion Plans: Uxin plans to open 4 to 6 new superstores in 2026, aiming to exceed 10 stores by year-end, leveraging the potential of over 200 cities in China suitable for superstores, which could drive long-term retail transaction volumes exceeding 3 million units.
See More
Uxin Reports Narrower Q4 Net Loss Amid Revenue Growth
- Significant Revenue Growth: Uxin's Q4 net revenue surged by 100.7% year-over-year to RMB 1.20 billion (approximately $171.309 million), indicating strong sales performance in the used car market and potential for increased market share.
- Transaction Volume Surge: The transaction volume for Q4 reached 21,634 units, a 129.2% increase from 9,439 units in the same period last year, demonstrating a sustained rise in consumer demand for used cars, which enhances the company's profitability.
- Improved Loss Situation: The net loss attributable to ordinary shareholders for Q4 was RMB 87.50 million (approximately $12.51 million), a reduction from RMB 92.00 million in the same quarter last year, reflecting improvements in cost control and operational efficiency.
- Optimistic Future Outlook: Uxin expects total revenues and retail transaction volume to grow by over 100% in fiscal 2026, with projected Q1 total revenues ranging between RMB 1.050 billion and RMB 1.070 billion, indicating strong confidence in future growth.
See More
Uxin Reports Q4 2025 Earnings with Significant Revenue Growth
- Significant Revenue Growth: Uxin reported Q4 2025 revenue of $171.3 million, reflecting a 100.7% year-over-year increase, indicating strong performance in market recovery and likely boosting investor confidence.
- Transaction Volume Increase: The transaction volume reached 21,634 units, up 36.0% from the previous quarter and 129.2% year-over-year, demonstrating the company's sustained competitiveness in the retail market and potential to attract more customers.
- Retail Transaction Volume Surge: Retail transaction volume was 19,160 units, a 36.7% increase from the last quarter and a 124.0% increase from the same period last year, reflecting robust consumer demand recovery that could drive future revenue growth.
- Optimistic Outlook: The company expects retail transaction volume for Q1 2026 to range between 16,200 and 16,500 units, with total revenue projected between RMB 1.05 billion and RMB 1.07 billion, showcasing management's confidence and positive business expectations for the future.
See More
Uxin Reports Significant Growth in FY 2025 Performance
- Transaction Volume Surge: In 2025, Uxin's retail transaction volume reached 51,110 units, a remarkable 135% year-over-year increase, indicating strong growth momentum in the used car market and an expectation to further expand market share.
- Significant Revenue Growth: Uxin reported total revenues of RMB 3.24 billion for 2025, representing a 79% increase year-over-year, reflecting the company's ability to maintain profitability and business expansion potential amid intense market competition.
- Superstore Expansion Strategy: Uxin successfully replicated and expanded its superstore model in 2025, opening three new superstores in Wuhan, Zhengzhou, and Jinan, further solidifying its leadership position in regional markets and expected to drive future sales growth.
- Optimistic Future Outlook: Uxin anticipates that both retail transaction volume and total revenues will grow by over 100% in 2026, demonstrating confidence in the long-term growth potential of the used car market while continuing to enhance customer service quality to strengthen competitive advantage.
See More
Uxin Launches Used Car Superstore in Chongqing
- Project Launch: Uxin's new used car superstore project in Chongqing will integrate a large-scale reconditioning facility, showcasing and selling over 5,000 vehicles, marking a significant expansion in the southwestern market.
- Market Potential: As one of China's four municipalities, Chongqing has a population exceeding 30 million and over 6 million registered vehicles, providing substantial growth opportunities for the used car market and automotive aftermarket, which is expected to drive Uxin's sales growth.
- Strategic Positioning: The opening of this superstore will further solidify Uxin's strategic presence in southwestern China and create synergies with its nationwide superstore network, enhancing service coverage in key markets.
- Consumer Experience: Uxin aims to leverage Chongqing's geographic advantages and strong automotive consumer base to provide a reliable, high-quality, and value-for-money one-stop used car purchasing experience, thereby promoting the standardized and quality development of the used car industry in Chongqing.
See More
Uxin Launches Used Car Superstore in Chongqing
- Project Launch: Uxin's new used car superstore project in Chongqing will integrate a large-scale reconditioning facility with a capacity to display and sell over 5,000 vehicles, expected to commence operations in 2026, marking a significant expansion in the southwestern market.
- Market Potential: As one of China's four direct-controlled municipalities, Chongqing has a population exceeding 30 million and over 6 million registered vehicles, providing substantial growth opportunities for the used car market and the broader automotive aftermarket, thereby strengthening Uxin's market position.
- Successful Model Replication: Uxin has successfully expanded large used car superstores to six major cities in China, and the Chongqing project is set to enhance service coverage in western markets through synergies with its existing superstore network, promoting standardization and replication of its business model.
- Strategic Importance: Uxin's President, Wenbing Jing, highlighted that Chongqing's geographic advantages will facilitate the company's strategic expansion in southwestern China, leveraging a strong automotive consumer base and an active used car market to enhance the purchasing experience and contribute to the healthy development of Chongqing's used car industry.
See More
Uxin Reports Significant Growth in 2025 Transaction Volume and Revenue
- Surge in Transaction Volume: Uxin achieved a retail transaction volume of 51,110 units in 2025, marking a 135% year-over-year increase, indicating strong demand and market share growth in the used car sector for the second consecutive year.
- Significant Revenue Growth: Total revenue for 2025 reached RMB3.24 billion, up 79% year over year, reflecting the company's success in sales and market expansion, further solidifying its leadership position in the industry.
- Gross Margin Fluctuations: Although the gross margin for Q4 2025 fell to 6.8% from 7.5% in the previous quarter due to promotional activities and increased initial operating costs of new superstores, management expects a recovery to above 7% in 2026, demonstrating confidence in future profitability.
- New Store Expansion Plans: Uxin plans to open 4 to 6 new superstores in 2026, aiming to exceed 10 stores by year-end, leveraging the potential of over 200 cities in China suitable for superstores, which could drive long-term retail transaction volumes exceeding 3 million units.
See More
Uxin Reports Narrower Q4 Net Loss Amid Revenue Growth
- Significant Revenue Growth: Uxin's Q4 net revenue surged by 100.7% year-over-year to RMB 1.20 billion (approximately $171.309 million), indicating strong sales performance in the used car market and potential for increased market share.
- Transaction Volume Surge: The transaction volume for Q4 reached 21,634 units, a 129.2% increase from 9,439 units in the same period last year, demonstrating a sustained rise in consumer demand for used cars, which enhances the company's profitability.
- Improved Loss Situation: The net loss attributable to ordinary shareholders for Q4 was RMB 87.50 million (approximately $12.51 million), a reduction from RMB 92.00 million in the same quarter last year, reflecting improvements in cost control and operational efficiency.
- Optimistic Future Outlook: Uxin expects total revenues and retail transaction volume to grow by over 100% in fiscal 2026, with projected Q1 total revenues ranging between RMB 1.050 billion and RMB 1.070 billion, indicating strong confidence in future growth.
See More
Uxin Reports Q4 2025 Earnings with Significant Revenue Growth
- Significant Revenue Growth: Uxin reported Q4 2025 revenue of $171.3 million, reflecting a 100.7% year-over-year increase, indicating strong performance in market recovery and likely boosting investor confidence.
- Transaction Volume Increase: The transaction volume reached 21,634 units, up 36.0% from the previous quarter and 129.2% year-over-year, demonstrating the company's sustained competitiveness in the retail market and potential to attract more customers.
- Retail Transaction Volume Surge: Retail transaction volume was 19,160 units, a 36.7% increase from the last quarter and a 124.0% increase from the same period last year, reflecting robust consumer demand recovery that could drive future revenue growth.
- Optimistic Outlook: The company expects retail transaction volume for Q1 2026 to range between 16,200 and 16,500 units, with total revenue projected between RMB 1.05 billion and RMB 1.07 billion, showcasing management's confidence and positive business expectations for the future.
See More
Uxin Reports Significant Growth in FY 2025 Performance
- Transaction Volume Surge: In 2025, Uxin's retail transaction volume reached 51,110 units, a remarkable 135% year-over-year increase, indicating strong growth momentum in the used car market and an expectation to further expand market share.
- Significant Revenue Growth: Uxin reported total revenues of RMB 3.24 billion for 2025, representing a 79% increase year-over-year, reflecting the company's ability to maintain profitability and business expansion potential amid intense market competition.
- Superstore Expansion Strategy: Uxin successfully replicated and expanded its superstore model in 2025, opening three new superstores in Wuhan, Zhengzhou, and Jinan, further solidifying its leadership position in regional markets and expected to drive future sales growth.
- Optimistic Future Outlook: Uxin anticipates that both retail transaction volume and total revenues will grow by over 100% in 2026, demonstrating confidence in the long-term growth potential of the used car market while continuing to enhance customer service quality to strengthen competitive advantage.
See More
