Uxin Limited announced that it has formed a strategic partnership with local government authorities in the city of Guangzhou to jointly invest in the construction of Uxin'sGuangzhou used car superstore. The new superstore is designed to accommodate above 3,000 vehicles for display and sale. The project will be jointly developed by Uxin Limited and the Guangzhou Development District Transportation Investment Group, a leading industrial investment and operations platform within Guangzhou City with total assets of nearly RMB 10 billion and strong capabilities in industrial integration and development.
This partnership marks another important milestone in Uxin's nationwide expansion of its used car superstore network, following the successful openings of superstores in Xi'an, Hefei, Wuhan, and Zhengzhou. Guangzhou, one of China's major economic hubs, consistently ranks among the nation's most dynamic and economically developed cities. With a permanent population exceeding 18 million and more than 4 million registered vehicles, the city maintains one of the most active used car markets in China.
Guangzhou also hosts one of the country's most advanced automotive parts and manufacturing ecosystems, providing an ideal foundation for Uxin's large-scale used car retail operations. Guangzhou is also one of China's most important gateways for international trade, with a total import and export volume exceeding RMB 1 trillion in 2024. The launch of the Guangzhou project will further strengthen Uxin's service capabilities and market presence across Southern China.
