BEIJING, Nov. 25, 2024 /PRNewswire/ — Uxin (NASDAQ:) Restricted (“Uxin” or the “Company”, along with its subsidiaries, the “Group”) (Nasdaq: UXIN), China’s main used automobile retailer, right now introduced that the Firm’s board of administrators permitted a change of the Firm’s fiscal yr finish from March 31 to December 31 every year.
The first goal of this alteration is to streamline the Firm’s monetary reporting with international requirements and align with business practices, enhancing comparability with friends. This adjustment additionally permits the Firm to higher synchronize operational planning and reporting cycles with market tendencies and buyer calls for, guaranteeing more practical communication with stakeholders and traders. The change of fiscal yr finish is efficient instantly.
About Uxin
Uxin is China’s main used automobile retailer, pioneering business transformation with superior manufacturing, new retail experiences, and digital empowerment. We provide high-quality and value-for-money automobiles in addition to superior after-sales companies by way of a dependable, one-stop, and hassle-free transaction expertise. Below our omni-channel technique, we’re in a position to leverage our pioneering on-line platform to serve prospects nationwide and set up market management in chosen areas by way of offline inspection and reconditioning facilities. Leveraging our intensive business knowledge and steady know-how innovation all through greater than ten years of operation, now we have established sturdy used automobile administration and operation capabilities. We’re dedicated to upholding our customer-centric strategy and driving the wholesome improvement of the used automobile business.
Secure Harbor Assertion
This press launch incorporates statements that will represent “forward-looking” statements that are made pursuant to the “safe harbor” provisions of the U.S. Non-public Securities Litigation Reform Act of 1995. These forward-looking statements could be recognized by terminology equivalent to “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and comparable statements. Statements that aren’t historic info, together with statements about Uxin’s beliefs, plans, and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties. A lot of components may trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to the next: the danger and uncertainties as to the timing of the entry into definitive agreements or consummation of the transactions; the danger that sure closing situations of the transactions might not be glad on a well timed foundation, or in any respect; affect of the COVID-19 pandemic; Uxin’s purpose and techniques; its enlargement plans and profitable completion of sure financing transactions; its future enterprise improvement, monetary situation and outcomes of operations; Uxin’s expectations relating to demand for, and market acceptance of, its companies; its potential to offer differentiated and superior buyer expertise, preserve and improve buyer belief in its platform, and assess and mitigate varied dangers, together with credit score; its expectations relating to sustaining and increasing its relationships with enterprise companions, together with financing companions; tendencies and competitors in China’s used automobile e-commerce business; the legal guidelines and laws regarding Uxin’s business; the overall financial and enterprise situations; and assumptions underlying or associated to any of the foregoing.
For investor and media enquiries, please contact:
Uxin Restricted Investor Relations
Uxin Restricted
Electronic mail: ir@xin.com
The Blueshirt Group
Mr. Jack Wang
Telephone: +86 166-0115-0429
Electronic mail: Jack@blueshirtgroup.co
