Major Shareholder Abundant Grace Reduces Beneficial Ownership by 1.48% via Internal Distribution

summarizeSummary

A major shareholder, Abundant Grace Investment Limited, reduced its beneficial ownership in Uxin Ltd. by distributing 977.7 million shares to its own shareholders, representing a 1.48% decrease in its stake.

check_boxKey Events

• Beneficial Ownership Reduction

  Abundant Grace Investment Limited's beneficial ownership decreased to 27.6% of Class A Ordinary Shares.

• Internal Share Distribution

  Abundant Grace distributed 977,768,700 Class A Ordinary Shares to three of its shareholders on May 14, 2026.

• Impact on Controlling Group

  This distribution also reduced the deemed beneficial ownership of NBNW Investment Limited and Bin Li to 19.7% each.

• No Market Sales by Reporting Persons

  The filing explicitly states that none of the reporting persons engaged in market transactions in Uxin Ltd. securities during the past sixty days.

auto_awesomeAnalysis

Abundant Grace Investment Limited, a significant shareholder, reported a reduction in its beneficial ownership of Uxin Ltd. shares by 1.48% of the outstanding Class A Ordinary Shares. This change resulted from an internal distribution of 977.7 million shares to three of its own shareholders, rather than a direct market sale. This internal restructuring disperses a portion of the concentrated ownership, which could lead to increased liquidity or potential future sales by the new holders.