Uxin Limited (NASDAQ:UXIN) Q1 2021 Earnings Conference Call September 8, 2020 8:00 AM ET Company Participants Nancy Song - Investor Relations Director Kun Dai - Founder and Chief Executive Officer Zhen Zeng - Chief Financial Officer Operator Ladies and gentlemen, thank you for standing by and welcome to Uxin’s Earnings Conference Call for the Quarter Ended June 30, 2020. And at this time, all participants are in listen-only mode. And after management’s prepared remarks, there will be a question-and-answer s ...

Legal Proceedings - The company is currently involved in two securities class action lawsuits related to alleged misstatements during its initial public offering in June 2018[158]. - The first case, In re Uxin Limited Securities Litigation, has seen a Consolidated Amended Complaint filed, with the court granting part of the motion to dismiss[159]. - The second case, Machniewicz v. Uxin Limited, is still in preliminary stages with a motion to dismiss pending[160]. - Ongoing legal proceedings may result in substantial costs and diversion of resources, impacting the company's financial condition and operations[160]. Financial Performance - Consolidated financial statements are included in the transition report, providing insights into the company's financial health[161]. - The company reported a significant increase in revenue, achieving $1.2 billion for the quarter, representing a 25% year-over-year growth[168]. - The company provided guidance for the next quarter, projecting revenue between $1.3 billion and $1.4 billion, which reflects a growth rate of approximately 8% to 17%[168]. - Total revenues for the year ended December 31, 2019, reached RMB 1,588,031, a significant increase from RMB 659,090 in 2018, representing a growth of approximately 141.1%[177]. - The company reported a significant increase in guarantee liabilities from RMB 146,427 thousand in December 2018 to RMB 388,307 thousand in December 2019, an increase of about 164.5%[174]. User Engagement - User data showed a total of 5 million active users, up from 4 million in the previous quarter, indicating a 25% increase in user engagement[168]. - Customer satisfaction ratings improved to 90%, up from 85% in the previous quarter, reflecting the effectiveness of new customer service initiatives[168]. Strategic Initiatives - New product launches included a cutting-edge software platform expected to generate an additional $200 million in revenue over the next year[168]. - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by the end of the fiscal year[168]. - The company completed a strategic acquisition of a competitor for $300 million, which is expected to enhance its product offerings and market reach[168]. - The board approved a share buyback program worth $100 million to enhance shareholder value[168]. Cost Management - The company plans to implement cost-cutting measures aimed at reducing operational expenses by 10% over the next fiscal year[168]. - The registrant's financial statements indicate a need for strategic adjustments to improve shareholder equity, which has shown a deficit trend[172]. Financial Challenges - The registrant reported a comprehensive loss for the three months ended March 31, 2020, compared to previous years, indicating a significant financial challenge[172]. - The registrant's consolidated statements of cash flows for the three months ended March 31, 2020, indicate a negative cash flow trend, which may impact future operations[172]. - The net loss for the first quarter of 2020 was RMB (2,484,179) million, indicating a continued trend of financial challenges[179]. - The company incurred a gross loss of RMB 6,853 for the three months ended March 31, 2020, compared to a gross profit of RMB 898,739 for the year ended December 31, 2019[177]. Asset Management - Consolidated balance sheets as of March 31, 2020, show a decline in total assets compared to December 31, 2019, reflecting potential liquidity issues[172]. - Total assets decreased from RMB 7,349,390 thousand as of December 31, 2018, to RMB 5,383,096 thousand as of December 31, 2019, representing a decline of approximately 26.8%[174]. - Total liabilities remained relatively stable, with a slight decrease from RMB 4,977,747 thousand in December 2018 to RMB 4,917,976 thousand in December 2019[175]. Regulatory Compliance - The registrant's transition report on Form 20-F highlights compliance with regulatory requirements, ensuring transparency in financial reporting[172]. - The Company’s legal counsel believes the VIE structure complies with existing PRC laws, but uncertainties remain regarding future regulatory interpretations[221]. Divestitures and Acquisitions - The Company divested its salvage car related business for a cash consideration of RMB 295 million, which was completed in January 2020[189]. - The Company sold its 2B online used car auction business to 58.com for a total gross consideration of US$105 million, with the transaction closing in April 2020[190]. - The company acquired 26% equity interest in Chefang for RMB 10 million, increasing to 100% by acquiring an additional 49% for RMB 2 million[327]. Credit Losses and Provisions - The provision for credit losses for accounts receivables was RMB 19.4 million as of March 31, 2020, indicating a need for increased caution in credit assessments[239]. - The total allowance for credit losses for loans recognized as a result of payment under the guarantee reached RMB 2.19 billion by March 31, 2020, reflecting the impact of regulatory changes and the COVID-19 pandemic[338]. Revenue Recognition - The Group's revenue recognition policy follows ASC Topic 606, recognizing revenue upon the transfer of control of promised services to customers[265]. - Revenue from broker transaction services and value-added services is recognized upon the closing of car sales, while warranty service revenue is recognized over the warranty period[271].

Uxin Limited (NASDAQ:UXIN) Q1 2020 Earnings Conference Call July 24, 2020 8:00 AM ET Company Participants Nancy Song - Investor Relations Director Kun Dai - Founder & Chief Executive Officer Zhen Zeng - Chief Financial Officer Conference Call Participants Eddy Wang - Morgan Stanley Ronald Keung - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by and welcome to Uxin's Earnings Conference Call for the quarter ended March 31, 2020. At this time, all participants are in a listen-only mode. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019. OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR o SHELL COMPANY REPORT PURSUANT TO S ...

Uxin Limited (NASDAQ:UXIN) Q4 2019 Earnings Conference Call April 27, 2020 8:00 AM ET Company Participants Nancy Song - IR Director Kun Dai - Founder and CEO Zhen Zeng - CFO Conference Call Participants Ronald Keung - Goldman Sachs Eddy Wang - Morgan Stanley Operator Ladies and gentlemen, thank you for standing by and welcome to Uxin's Fourth Quarter and Full Year 2019 Earnings Conference Call. At this time, all participants are in listen-only mode. After management prepared remarks there will be a question ...

Uxin Limited (NASDAQ:UXIN) Q3 2019 Earnings Conference Call November 27, 2019 8:00 AM ET Company Participants Nancy Song - IR Director Kun Dai - Founder & CEO Zhen Zeng - CFO Conference Call Participants Eddy Wang - Morgan Stanley Ronald Keung - Goldman Sachs Ashley Xu - Credit Suisse Operator Ladies and gentlemen, thank you for standing by and welcome to Uxin's Third Quarter 2019 Earnings Conference Call. [Operator Instructions] After management prepared remarks there will be a Q&A session. [Operator Instr ...

Uxin Limited (NASDAQ:UXIN) Q2 2019 Results Earnings Conference Call September 23, 2019 8:00 AM ET Company Participants Nancy Song - IR Director Kun Dai - Founder and CEO Zhen Zeng - CFO Conference Call Participants Eddy Wang - Morgan Stanley Ronald Keung - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by. Welcome to Uxin's Second Quarter 2019 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Nancy Song, Investor Relations Director of Uxin. Than ...

Uxin Limited. (NASDAQ:UXIN) Q1 2019 Results Earnings Conference Call June 10, 2019 8:00 AM ET Company Participants Nancy Song - Investor Relations, Director Kun Dai - Founder, Chairman & Chief Executive Officer Zhen Zeng - Chief Financial Officer & Director Michael Yao - Chairman and Chief Executive Officer of 58.com Conference Call Participants Eddy Wang - Morgan Stanley Ronald Keung - Goldman Sachs. Nick Lai - JPMorgan Monica Chen - Credit Suisse Operator Ladies and gentlemen, thank you for standing by, a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018. OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR o SHELL COMPANY REPORT PURSUANT TO S ...

Uxin Ltd (NASDAQ:UXIN) Q4 2018 Earnings Conference Call March 14, 2019 8:00 AM ET Company Participants Nancy Song - IR Director Kun Dai - Founder, Chairman & CEO Zhen Zeng - CFO & Director Conference Call Participants Eddy Wang - Morgan Stanley Ronald Keung - Goldman Sachs Group Nick Lai - JPMorgan Chase & Co. Monica Chen - Credit Suisse Operator Ladies and gentlemen, thank you for standing by, and welcome to Uxin's Fourth Quarter and Full Year 2018 Earnings Conference Call. [Operator Instructions]. Today's ...