Stock Track | Uxin (UXIN.US) Soars 6.02% Intraday on Launch of Fifth Used-Car Superstore Warehouse

Stock Track12-17

Uxin's stock surged 6.02% during intraday trading on Wednesday, reflecting strong investor optimism following the company's latest business expansion.

The used-car retailer announced the trial operation of its new warehouse superstore in Jinan, Shandong, marking its fifth such facility. This development is expected to enhance Uxin's supply chain capabilities and delivery efficiency in East China, reinforcing its "offline warehouse superstore + online nationwide sales" model. The project, with a total investment of approximately 500 million yuan, includes an advanced remanufacturing factory and a superstore capable of showcasing over 1,000 vehicles, further solidifying Uxin's market position.

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