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Uxin Announces Strategic Partnership with Yinchuan Authorities to Develop Yinchuan Used Car Superstore
UxinUxin(US:UXIN) Prnewswireยท2025-11-11 11:00

Core Insights - Uxin Limited has formed a strategic partnership with local government authorities in Yinchuan to jointly invest in a new used car superstore, which will display around 3,000 vehicles for sale, marking a significant step in Uxin's nationwide expansion [1][4] Company Overview - Uxin is recognized as China's leading used car retailer, focusing on transforming the industry through advanced production, new retail experiences, and digital empowerment [5] - The company operates under an omni-channel strategy, leveraging both online platforms and offline superstores with inventory capacities ranging from 2,000 to 8,000 vehicles [5] Regional Significance - Yinchuan, the capital of the Ningxia Hui Autonomous Region, is a key hub in China's westward development strategy, with a population of nearly 3 million and over 1.4 million registered vehicles, indicating high per-capita vehicle ownership [2] - The city has been actively fostering the automotive and mobility sectors, providing a solid foundation for Uxin's expansion in the region [3] Strategic Goals - Uxin aims to enhance its supply-chain efficiency and customer service network through the new superstore in Yinchuan, contributing to the long-term growth of the regional automotive industry [3][4]