Uxin Announces Adoption of Rule 10b5-1 Purchase Plan by Entity Controlled by Chairman and CEO

Uxin Announces Adoption of Rule 10b5-1 Purchase Plan by Entity Controlled by Chairman and CEO

PR Newswire

BEIJING, July 1, 2026

BEIJING, July 1, 2026 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), a leading used car retailer in China, today announced that the Company has been informed by Mr. Kun Dai, chairman of the board of directors and chief executive officer of the Company, that Xin Gao Group Limited, an entity controlled by Mr. Kun Dai, has entered into a pre-arranged trading plan on June 30, 2026 to purchase up to US$5 million of the Company's American Depositary Shares under his share purchase plan previously announced on June 18, 2026. The plan is required to satisfy the affirmative defense provided by Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The plan was adopted in accordance with the Company's insider trading policy. Under the plan, purchases will be executed only if and when the purchase price is no more than US$2.85 per American Depositary Share, among other conditions. To satisfy the 90-day cooling-off period requirement by Rule 10b5-1 under the Securities Exchange Act of 1934, purchases under the plan are authorized to commence on September 28, 2026.