Core Insights - Uxin Group has signed a strategic cooperation agreement with Guangzhou Development Zone to establish a modern automotive industry complex focused on used car retailing and intelligent remanufacturing, with a total planned investment of 1 billion yuan [1][3] - The project aims to create a comprehensive used car warehouse factory store in Guangzhou, expected to have an inventory scale exceeding 3,000 vehicles, covering the entire value chain from acquisition to after-sales service [1][3] Company Developments - Uxin has previously launched similar warehouse factory stores in cities such as Xi'an, Hefei, Wuhan, and Zhengzhou, adopting a model that combines offline warehouse superstores with online national purchasing [3] - The launch of the Guangzhou project is anticipated to enhance regional automotive consumption, improve the efficiency and quality of used car circulation, and promote collaborative development across the automotive industry chain [3] Industry Context - Guangzhou Development Zone, established in 1984, is one of the first national economic and technological development zones and a key area for innovation in the Guangdong-Hong Kong-Macao Greater Bay Area [3] - During the 14th Five-Year Plan period, the development zone focuses on cultivating eight pillar industries, including automotive manufacturing and green energy, aiming to build a trillion-level industrial stronghold [3]
投资10亿元!广州将建一站式汽车产业综合体