Financial Data and Key Metrics Changes - In Q4 2024, retail transaction volume reached 8,554 units, representing a 42% increase quarter over quarter and a 178% increase year over year, significantly outperforming the overall China used car market which recorded a year over year growth rate of approximately 10% [17][18] - Total retail revenue for Q4 was RMB 553 million, up 25% sequentially and 73% year over year [18] - Gross margin improved from 4.8% in Q4 2023 to 7% in Q4 2024, marking a 2.2 percentage point increase [20] - Full year 2024 retail transaction volume totaled 21,773 units, representing a 134% year over year growth, while total revenue reached RMB 1.814 billion, an increase of 30% year over year [21] Business Line Data and Key Metrics Changes - The retail transaction volume rose from approximately 3,100 units in Q1 to 8,500 units in Q4 2024, achieving over 30% quarter over quarter growth for three consecutive quarters [8] - On the wholesale side, 885 units were sold in Q4, representing a 15% sequential decline and a 31% year over year decline [19] Market Data and Key Metrics Changes - China's used car annual transaction volume reached 19,600,000 units in 2024, up 6.5% year over year, outpacing the 4.5% growth rate of the new car market [7] - The used car sector in China is expected to maintain strong growth momentum over the next five to ten years, driven by increasing vehicle ownership and evolving market dynamics [15] Company Strategy and Development Direction - The company plans to open 2 to 4 new superstores in key regional markets in 2025 while strengthening its integrated online-offline retail ecosystem [13] - The focus will be on unlocking additional capacity at existing superstores and increasing market share in their respective cities [13] - The company aims to achieve over 100% growth in retail transaction volume and deliver its first full year positive adjusted EBITDA in 2025 [14] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the outlook for China's used car market in 2025, despite potential impacts from trade tensions with the U.S. [40][41] - The Chinese government has introduced measures to stimulate domestic demand, which are expected to support the used car market [41] - The company expects to maintain over 100% growth in retail sales volume in the coming year, regardless of external market fluctuations [42] Other Important Information - The company completed a $27.8 million financing agreement in March 2025, significantly strengthening its cash position [22] - The auditor removed substantial doubt regarding the company's ability to continue as a going concern, indicating improved financial stability [22] Q&A Session Summary Question: Update on current cash position and future business development - The company prioritized capital allocation to expanding inventory levels, resulting in a low cash balance, but recent financing has improved the cash position significantly [28][30] Question: Views on current stock performance - The increase in share price reflects growing investor interest in China's used car industry and confidence in the company's future growth prospects [33][35] Question: Outlook for China's used car market amid trade tensions - Management believes there will be minimal direct impact on the used car market from trade tensions, and they remain optimistic about the market outlook in 2025 [40][41]

Financial Data and Key Metrics Changes - In Q4 2024, the company achieved a positive adjusted EBITDA for the first time on a quarterly basis, compared to an adjusted EBITDA loss of RMB 43.8 million in the same period last year [18] - Gross margin improved from 4.8% in Q4 2023 to 7% in Q4 2024, indicating enhanced operational efficiency [10][17] - Total revenue for Q4 2024 reached RMB 597 million, representing a 20% sequential increase and a 45% year-over-year increase [16] Business Line Data and Key Metrics Changes - Retail transaction volume in Q4 2024 reached 8,554 units, a 42% increase quarter-over-quarter and a 178% increase year-over-year [15] - For the full year 2024, retail transaction volume totaled 21,773 units, representing a 134% year-over-year growth [19] - Wholesale operations saw a decline, with 885 units sold in Q4 2024, a 15% sequential decline and a 31% year-over-year decline [16] Market Data and Key Metrics Changes - China's used car annual transaction volume reached 19.6 million units in 2024, up 6.5% year-over-year, outpacing the new car market's growth of 4.5% [5] - The used car sector in China is expected to maintain strong growth momentum over the next five to ten years, driven by increasing vehicle turnover and supportive government policies [13] Company Strategy and Development Direction - The company plans to open 2 to 4 new superstores in key regional markets in 2025, while also ramping up inventory at existing locations [11][21] - A disciplined regional expansion strategy will be executed to further scale operations and drive profitability [10] - The company aims to achieve over 100% growth in retail transaction volume for the full year 2025 and deliver its first full year of positive adjusted EBITDA [12][21] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the outlook for China's used car market in 2025, despite potential trade tensions with the U.S. [38] - The company expects to maintain over 100% growth in retail sales volume in the coming year, supported by ongoing expansion efforts [39] - Management highlighted the importance of adapting strategies to ensure sustainable long-term development amid market dynamics [40] Other Important Information - The company completed a financing agreement of $27.8 million in March 2025, significantly strengthening its cash position [20] - The net promoter score reached 65 in Q4 2024, up from an average of 60 in the prior year, indicating improved customer satisfaction [8] Q&A Session Summary Question: Update on current cash position and future business development - Management confirmed that the current cash position has improved significantly, allowing for future operations and new superstore investments [26][28] Question: Views on current stock performance - Management believes the stock price increase reflects growing investor interest in the used car industry and confidence in the company's growth prospects [30][32] Question: Outlook for China's used car market amid trade tensions - Management anticipates minimal direct impact from trade tensions on the used car market and remains optimistic about growth in 2025 [38][39]

Financial Performance - The fair value of down round feature triggered for the senior convertible preferred shares resulted in a deemed dividend of RMB2,060.3 million (US$285.3 million) for the fiscal year ended March 31, 2024[586]. - Provision for loan recognized as a result of payment under the guarantee amounted to RMB10.3 million (US$1.5 million) and is fully provided[584]. - Changes in expected term by one year could increase or decrease deemed dividends by approximately RMB236.4 million to RMB399.5 million for the year ended March 31, 2024[586]. Cash and Cash Equivalents - As of March 31, 2024, the company had RMB-denominated cash and cash equivalents and restricted cash of RMB17.3 million, and U.S. dollar-denominated cash balances of US$0.9 million[751]. Market Conditions and Risks - Inflation in the PRC has not materially impacted the company's results of operations, with year-over-year percent changes in the consumer price index being 1.5%, 1.8%, and -0.3% for December 2021, 2022, and 2023 respectively[752]. - The company has not been exposed to material risks due to changes in market interest rates and has not used any derivative financial instruments to manage interest risk exposure[748]. - The company does not believe it currently has any significant direct foreign exchange risk, as substantially all revenues and expenses are denominated in RMB[749]. Valuation Methods - The expected volatility of future share price was estimated based on the price volatility of shares of comparable public companies operating in similar businesses[577]. - The fair value of warrant liabilities is determined using the Black-Scholes option pricing model, which involves complex and subjective variables[576]. - The company modified the market condition of the RSU in October 2023, resulting in an increase in the fair value of the award[579].

Exhibit 99.1 Uxin Reports Unaudited Financial Results for the Quarter and Full Year Ended December 31, 2024 BEIJING, April 30, 2025 – Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced its unaudited financial results for the quarter and full year ended December 31, 2024. As previously announced on November 25, 2024, the Company's board of directors approved a change in the Company's fiscal year end from March 31 to December 31, effective for the fiscal ...

全年方面，优信集团总交易量达26，148辆，同比增长73.2%；总收入为18.144亿元，同比增长29.7%。 零售交易量达21，773辆，同比增长133.8%；全年毛利率提升至6.8%。全年调整后EBITDA亏损大幅收 窄至8，080万元，同比减亏近54%。 优信集团首席财务官林峰表示，2024年，优信零售交易量持续高增长，盈利能力持续改善，对2025年实 现全年调整后EBITDA盈利充满信心。 优信创始人、董事长兼CEO戴琨指出，将继续以超级大卖场模式为核心，稳步推进新区域展业，扩大业 务规模和盈利水平，并继续完善线上线下协同的大卖场网络。目前，武汉超级大卖场已经试营业，郑州 大卖场也将按照计划在下半年实现营业。公司预期2025年优信零售销量增长再次超过100%，并首次实 现全年经调整后EBITDA盈利。（闫妍） 责任编辑：何俊熹 新浪科技讯 4月30日下午消息，优信集团（NASDAQ：UXIN）发布2024年第四季度及全年未经审计财 报。 数据显示，2024年第四季度，优信集团总交易量达9439辆，同比增长116.8%；总收入达5.97亿元人民 币，环比增长20.0%，同比增长45.4%；零售交易量为8 ...

Core Insights - The used-car market in China showed resilience in 2024, with annual transaction volume reaching 19.6 million units, a 6.5% increase year-over-year, surpassing the new car market's growth of 4.5% [2] - Uxin Limited experienced significant growth in its used-car retail business, with retail transaction volume increasing over 130% year-over-year, reaching nearly 22,000 units in 2024 [4] - The company achieved positive adjusted EBITDA for the first time in Q4 2024, with gross margin improving from 4.8% in Q4 2023 to 7.0% in Q4 2024, indicating a strengthening financial position [8] Company Performance - Uxin's retail transaction volume grew from approximately 3,100 units in Q1 to 8,500 units in Q4 2024, demonstrating over 30% quarter-over-quarter growth for three consecutive quarters [4] - The company scaled its inventory levels significantly, ending 2024 with stock approximately three times higher than at the beginning of the year, while maintaining an efficient inventory turnover cycle of about 30 days [5] - Uxin's Net Promoter Score improved to 65 in Q4 2024, up from an average of 60 in the previous year, reflecting enhanced brand equity and customer loyalty [6] Strategic Initiatives - Uxin plans to unlock additional capacity at existing superstores, which are currently operating at less than 50% of their full capacity, to increase market share [10] - The company aims to open 2 to 4 new superstores in key regional markets, with partnerships established in Wuhan and Zhengzhou, both cities having populations exceeding 12 million [12] - For 2025, Uxin targets over 100% growth in retail transaction volume and aims to deliver its first full-year positive adjusted EBITDA [13] Industry Outlook - China's car ownership has surpassed 350 million vehicles, with the used-car sector expected to maintain strong growth momentum over the next 5 to 10 years, evolving towards brand-oriented and standardized development [14] - Uxin is positioned as a leader in this transformation, leveraging modernized retail experiences and data-driven operating models to set new benchmarks in the used-car industry [15]

BEIJING, April 30, 2025 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced its unaudited financial results for the quarter and full year ended December 31, 2024. As previously announced on November 25, 2024, the Company's board of directors approved a change in the Company's fiscal year end from March 31 to December 31, effective for the fiscal year beginning January 1, 2024. Accordingly, references in this release to the "full year of 2 ...

Core Viewpoint - Uxin Limited, a leading used car retailer in China, is set to announce its financial results for Q4 and the full year 2024 on April 30, 2025, before the U.S. market opens [1]. Group 1: Financial Results Announcement - Uxin will release its financial results for the fourth quarter and full year 2024 on April 30, 2025 [1]. - The announcement will occur before the U.S. market opens [1]. Group 2: Conference Call Details - A conference call will be hosted by Uxin's management team on April 30, 2025, at 8:00 A.M. U.S. Eastern Time [2]. - Participants must complete an online registration process to receive access details for the conference call [2]. - A telephone replay of the call will be available until May 7, 2025, with specific dial-in details provided [3]. Group 3: Company Overview - Uxin is recognized for pioneering industry transformation in the used car market through advanced production and digital empowerment [4]. - The company offers high-quality vehicles and superior after-sales services, emphasizing a hassle-free transaction experience [4]. - Uxin employs an omni-channel strategy, leveraging both online platforms and offline inspection centers to serve customers nationwide [4].

Core Viewpoint - The used car segment in China's automotive market is emerging as a potential growth area amid economic challenges, with Uxin Ltd. positioned to capitalize on this trend through strategic partnerships and a superstore model [2][12]. Group 1: Company Developments - Uxin Ltd. has closed a deal to sell new stock to Dida for $7.5 million, which is a significant cash infusion for the company [4]. - The company also secured $28 million from Nio, increasing Nio's stake in Uxin to approximately 70% [5]. - Uxin's transaction volume for used cars surged 81% year-on-year in the third quarter, reaching 7,046 vehicles sold [14]. Group 2: Financial Performance - Despite a significant increase in retail transactions, Uxin's retail transaction revenue grew by only 79% year-on-year to 444 million yuan ($61 million), indicating a decline in average vehicle prices due to market conditions [15]. - Uxin's gross margin improved to 7.0% in the third quarter, up from 6.2% a year earlier, aided by cost control measures [16]. - The adjusted loss before interest, taxes, depreciation, and amortization (EBITDA) decreased to 9.2 million yuan from 45.9 million yuan a year earlier, with expectations of turning positive in the fourth quarter [16]. Group 3: Market Trends - The used car market in China is projected to grow at an annual rate of 13.7% from 2023 to 2028, driven by favorable economic factors and government initiatives [13]. - Uxin's superstore model is designed to leverage partnerships with state-owned entities and private investors, enhancing its market position and potential for future cash infusions [6][7]. - The company's stock has nearly doubled over the past year, reflecting growing investor interest and confidence in its business model [10].

Market Capitalization Summary - The market capitalization of various companies is highlighted, with notable figures such as 71.94 billion for an unnamed company and 69.52 billion for another [2]. - Companies like Bilibili and TAL Education have market capitalizations of 64.03 billion and 61.59 billion respectively [2]. - The lowest market capitalizations listed include 0.90672 million for Happy Car and 0.17235 million for Easy Electric [3]. Stock Performance - Stock performance shows fluctuations, with companies like Zai Lab experiencing a decrease of 0.36 (-2.72%) and 0.13 (-3.87%) for another unnamed company [2]. - Positive movements are noted for companies such as 51Talk, which increased by 0.99 (+2.74%) [2]. - The performance of companies like Huya and Xunlei shows declines of 0.11 (-4.00%) and 0.10 (-3.11%) respectively [3]. Company Highlights - Notable companies include JD.com with a market cap of 71.94 billion and TAL Education at 61.59 billion, indicating strong positions in the market [2]. - Other companies like 9F Inc. and Yatsen Global have market caps of 4.98 billion and 3.28 billion respectively, showcasing a diverse range of market sizes [2]. - The report also mentions companies with smaller market caps, such as 1.34 million for Baozun and 1.07 million for Leopard Mobile, indicating a broad spectrum of company valuations [3].