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Express News | Uxin Shares Are Trading Higher After the Company Announced a Partnership With Zhengzhou Airport Industry for the Launch of a New Used Car Superstore
Uxin (UXIN.US) has reached a global strategic partnership with Zhengzhou Aviation Economic Zone to build a second-hand car storage factory store.
On July 8th, Uxin Group (UXIN.US), China's leading used car retailer, announced a strategic partnership with Zhengzhou Aviation Port Automobile Industry Investment Co., Ltd. The two parties jointly established the Uxin used car Zhengzhou warehousing store project, with a planned total investment of 0.7 billion yuan. Both parties invested 0.17 billion yuan to establish Uxin (Zhengzhou) Intelligent Remanufacturing Co., Ltd. to be responsible for the operation of the project. The subsequent supporting funds will be used to build the infrastructure of the Uxin project industrial park.
Uxin Announces RMB170M Partnership With Zhengzhou Airport Industry, Launches New Used Car Super Store
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