SCHEDULE: Uxin Limited Sees Major Share Acquisition by Fame Dragon Global

Fame Dragon Global Limited increased its stake in Uxin Limited by acquiring over 1.8 billion Class A Ordinary Shares for $8.88 million.

Summary

• Fame Dragon Global Limited acquired 1,827,193,717 Class A Ordinary Shares of Uxin Limited on August 22, 2025, for a purchase price of US$8,876,507.
• This acquisition was executed pursuant to a Share Subscription Agreement dated March 4, 2025, between Fame Dragon Global Limited and Uxin Limited.
• Following this transaction, Fame Dragon Global Limited beneficially owns 4,914,884,125 Class A Ordinary Shares, representing 7.7% of the outstanding Class A Ordinary Shares.
• Nio Capital II LLC, as the general partner of Eve One Fund II L.P. and Abundant Glory Investment L.P., is deemed the beneficial owner of 10,132,764,084 Class A Ordinary Shares, representing 15.9% of the class.
• Eve One Fund II L.P. beneficially owns 9,515,226,002 Class A Ordinary Shares (14.9%), which includes shares held by Fame Dragon Global Limited (its parent company) and a portion of shares held by Abundant Grace Investment Limited.
• Abundant Glory Investment L.P. beneficially owns 617,538,082 Class A Ordinary Shares, representing 1.0% of the class.
• The beneficial ownership percentages are calculated based on 63,726,805,736 Class A Ordinary Shares outstanding as of August 26, 2025.

Sentiment

Score: 7

Explanation: The filing reports a significant increase in beneficial ownership by Fame Dragon Global Limited, a company linked to Nio Capital, through a share acquisition that injects capital into Uxin Limited. This indicates continued investor confidence and strategic interest.

Positives

• Fame Dragon Global Limited's acquisition of additional shares represents a capital injection of US$8,876,507 into Uxin Limited.
• The increased stake by a significant investor, Fame Dragon Global Limited (linked to Nio Capital II LLC), signals continued confidence in Uxin Limited's prospects.

Future Outlook

The filing does not provide explicit forward-looking statements or guidance regarding Uxin Limited's future performance or strategic direction, beyond the completion of the pre-arranged share acquisition.

Industry Context

Uxin Limited operates in the used car e-commerce sector, a dynamic market in China. The continued investment by entities linked to Nio Capital, a prominent player in the electric vehicle industry, suggests a strategic interest in the broader automotive ecosystem, potentially including used car sales and related services, aligning with trends towards integrated mobility solutions.

Related Party Transactions

• The acquisition of shares by Fame Dragon Global Limited from Uxin Limited can be considered a related-party transaction, as Fame Dragon Global Limited is a subsidiary of Eve One Fund II L.P., and Nio Capital II LLC is the general partner of both Eve One Fund II L.P. and Abundant Glory Investment L.P., indicating common control or significant influence among the entities involved.

Stakeholder Impact

• Shareholders: The capital injection and increased stake by a major investor could be viewed positively, signaling confidence and potentially supporting share price stability.
• Company (Uxin Limited): Receives additional capital of US$8,876,507, which can be used for operations, growth initiatives, or strengthening its balance sheet.

Key Dates

Recommendation

The filing details a significant share acquisition by an existing major investor, Fame Dragon Global Limited, which is linked to Nio Capital. This transaction, executed as per a prior agreement, represents a capital injection for Uxin Limited and signals continued confidence from a strategic investor. However, without further operational or financial updates, this event primarily reinforces the existing investment thesis rather than introducing new catalysts for a 'buy' or 'sell' recommendation. It suggests stability and ongoing strategic support.

Keywords

Uxin Limited, SEC filing, Schedule 13D, share acquisition, beneficial ownership, Fame Dragon Global Limited, Nio Capital, Class A Ordinary Shares, investment, capital raise