BRIEF-Dida Says Unit And Uxin Enter Memorandum Of Understanding

Reuters09-12

Sept 12 (Reuters) - Dida Inc :

* UNIT AND UXIN LIMITED ENTERED INTO MEMORANDUM OF UNDERSTANDING

* PINTU BEIJING TO SUBSCRIBE FOR 1.54 BILLION CLASS A ORDINARY SHARES OF UXIN LIMITED FOR US$7.5 MILLION

* PINTU (BEIJING) INFORMATION TECHNOLOGY TO EXTEND LOAN TO YOUXIN (ANHUI) INDUSTRIAL INVESTMENT FOR US$7.5 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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