Uxin (UXIN) Director Li Bin Acquires 104.9M Shares

What Happened

• Li Bin (William), a director of Uxin Ltd (UXIN), reported a purchase of 104,931,794 ordinary shares on 2026-09-23. The filing lists the per-share price as $0.01 and a reported aggregate purchase amount of $996,852. The transaction code is "P" (purchase/open market or private purchase), representing an acquisition rather than a sale.

Key Details

• Transaction date: 2026-09-23 (Form 4 filed 2026-09-24; timely under Section 16 reporting rules).
• Price and total: $0.01 per share; reported aggregate purchase $996,852 (per the filing).
• Shares acquired: 104,931,794.
• Shares owned after transaction: Not specified in the summary provided.
• Footnotes of note:
  • F1: Abundant Grace Investment Limited holds 18,317,745,804 Class A shares. Grace is 71.5% held by NBNW Investment Limited and 28.2% by Eve One Fund II vehicles; Nio Capital II LLC holds a 1% partnership interest in those funds. The reporting person indirectly controls NBNW and holds a 35% equity interest in Nio Capital II.
  • F2: Fame Dragon Global Limited is 99% owned by the Funds; Nio Capital II again holds 1% and the reporting person holds 35% of Nio Capital II.
  • F3: Nio Capital II is the general partner of Abundant Glory Investment L.P.; the reporting person holds a 35% equity interest in Nio Capital II.
  • These notes describe complex, indirect ownership and partnership relationships; Nio Capital II disclaims beneficial ownership of fund-held securities except to the extent of pecuniary interest.

Context

• This was a straight purchase (P code). Purchases by insiders can be seen as more informative than routine sales because they represent cash deployed into the company's stock, but filings do not state motive. The filing appears timely (filed one day after the transaction).