Core Insights - Uxin Limited has formed a strategic partnership with local government authorities in Guangzhou to invest in a new used car superstore, which will display and sell over 3,000 vehicles [1][2]. Company Expansion - The Guangzhou superstore project will be developed in collaboration with the Guangzhou Development District Transportation Investment Group, which has nearly RMB10 billion in total assets and expertise in industrial integration [2]. - This initiative is part of Uxin's nationwide expansion strategy, following the successful openings of superstores in Xi'an, Hefei, Wuhan, and Zhengzhou [2]. Market Context - Guangzhou is a major economic hub in China, with a permanent population exceeding 18 million and over 4 million registered vehicles, making it one of the most active used car markets in the country [3]. - The city has a robust automotive parts and manufacturing ecosystem, providing a strong foundation for Uxin's retail operations [3]. - In 2024, Guangzhou's total import and export volume exceeded RMB1 trillion, highlighting its significance in international trade [3]. Strategic Vision - Uxin aims to leverage Guangzhou's strategic location and supportive local policies to enhance its used car retail experience through advanced reconditioning and digitalized operations [4]. - The Guangzhou superstore is seen as a key step in accelerating the transformation of China's used car industry [4]. Company Overview - Uxin is recognized as China's leading used car retailer, focusing on industry transformation through advanced production and digital empowerment [5]. - The company operates under an omni-channel strategy, combining online platforms with offline superstores that can hold between 2,000 to 8,000 vehicles [5]. - Uxin emphasizes a customer-centric approach and aims to drive the healthy development of the used car industry in China [5].