Uxin (UXIN) Q2 2026 Earnings Call Transcript

Uxin reported Q2 2026 results showing 89% year-over-year growth in retail transaction volume to 19,610 units, with total revenue up 75% to RMB 1.51 billion. However, the company faced margin pressure from rapid new car price declines, resulting in negative 0.7% gross margin. Management expects recovery to above 6% gross margin in Q3 as inventory resets complete. The company is expanding its superstore network with six new locations under development and maintaining a 20-day inventory turnover target through AI-driven pricing systems.