
Core Insights - Uxin Group announced the trial operation of its second-hand car storage superstore in Zhengzhou, set to open on September 27, with a planned construction area of approximately 150,000 square meters and capacity to display around 5,000 vehicles [1] Company Developments - The Zhengzhou superstore is the fourth storage superstore following those in Xi'an, Hefei, and Wuhan, indicating that Uxin's offline superstore model is entering a phase of steady replication and expansion [1] - In July 2024, Uxin Group reached a strategic cooperation with Zhengzhou Airport Economic Comprehensive Experimental Zone Automotive Industry Investment Co., planning a total investment of 700 million yuan to jointly build a second-hand car storage factory store project and establish Uxin (Zhengzhou) Intelligent Remanufacturing Co., Ltd. [1] Market Context - Zhengzhou, as the capital of Henan Province and a transportation hub in Central China, has a permanent population of over 13 million and approximately 5 million vehicles, ranking among the top ten in the country for second-hand car market size [1] - The establishment of Uxin's second-hand car storage superstore is expected to provide consumers with more purchasing options and professional services, driving the upgrade of regional second-hand car consumption [1]