Uxin Announces Change of Fiscal Year End

Core Viewpoint - Uxin Limited has announced a change in its fiscal year end from March 31 to December 31 to align with global standards and enhance comparability with industry peers [1][2]. Group 1: Company Overview - Uxin is recognized as China's leading used car retailer, focusing on industry transformation through advanced production, new retail experiences, and digital empowerment [3]. - The company provides high-quality vehicles and superior after-sales services, ensuring a reliable and hassle-free transaction experience [3]. - Uxin employs an omni-channel strategy, leveraging its online platform to serve customers nationwide while establishing market leadership through offline inspection and reconditioning centers [3]. Group 2: Financial Reporting Changes - The primary purpose of changing the fiscal year end is to streamline financial reporting and better synchronize operational planning with market trends and customer demands [2]. - This adjustment is expected to enhance communication with stakeholders and investors, making the company's financial performance more comparable to its peers [2].