Director Li Bin (William) filed a Form 4 with the SEC on September 24, 2026, disclosing a purchase of Class A ordinary shares of Uxin Ltd (NASDAQ:UXIN) on September 23, 2026.

Key Highlights

  • Transaction: Li Bin acquired 104,931,794 Class A ordinary shares at a price of $0.0095 per share on September 23, 2026.
  • Acquiring entity: The purchase was made indirectly through Abundant Grace Investment Limited.
  • Post-transaction holdings via Abundant Grace: 13,115,578,738 Class A ordinary shares held indirectly through Abundant Grace Investment Limited.
  • Additional indirect holdings: 17,030,073 shares held indirectly through FAME DRAGON GLOBAL LIMITED, and 216,138,329 shares held indirectly through Abundant Glory Investment L.P.
  • Role: Li Bin is identified in the filing as a Director of Uxin Ltd.
  • Ownership structure: Li Bin indirectly controls NBNW Investment Limited, which holds 71.5% of Abundant Grace, and holds a 35% equity interest in Nio Capital II LLC.

Li Bin's Purchase and Beneficial Ownership Structure at Uxin Ltd

According to the filing, Li Bin acquired 104,931,794 Class A ordinary shares of Uxin Ltd on September 23, 2026, at a price of $0.0095 per share. The transaction code is listed as "P," indicating a purchase. The acquisition was made indirectly through Abundant Grace Investment Limited, a vehicle through which Li Bin holds the majority of his reported interest in the company.

The filing discloses that Abundant Grace Investment Limited holds a total of 18,317,745,804 Class A ordinary shares of the issuer. Abundant Grace is 71.5% held by NBNW Investment Limited, which the filing states is indirectly controlled by Li Bin, and 28.2% held collectively by Eve One Fund II L.P. and EVE ONE FUND II (PARALLEL) L.P. Nio Capital II LLC serves as the general partner of those funds and holds a 1% partnership interest in each. The filing notes that Nio Capital II "hereby disclaims beneficial ownership of any such securities for purposes of Section 16 of the '34 Act or otherwise, except to the extent of its pecuniary interest." Li Bin holds a 35% equity interest in Nio Capital II.

In addition to the Abundant Grace position, the filing reports 17,030,073 Class A ordinary shares held indirectly through FAME DRAGON GLOBAL LIMITED, which is 99% owned collectively by the same funds. A further 216,138,329 Class A ordinary shares are reported as held indirectly through Abundant Glory Investment L.P., of which Nio Capital II is the general partner. No derivative securities were reported in Table II of the filing.

What Was Disclosed

The filing reports a September 23, 2026 purchase of 104,931,794 Class A ordinary shares of Uxin Ltd at $0.0095 per share by Director Li Bin, made indirectly through Abundant Grace Investment Limited, along with his total indirect beneficial ownership across three entities.