Used car retail dealer Youxin Group (NASDAQ: UXIN) issued an announcement announcing that it has reached a strategic cooperation agreement with the Wuhan Economic and Technological Development Zone. The two sides will jointly build a Uxin Auto ecological intelligent manufacturing industry base, mainly to build a used car remanufacturing plant and a one-stop warehouse. The base investment will reach 600 million yuan. It is expected that the first phase of the project will be put into trial operation in the first quarter of 2025. Previously, Youxin Group had already established used car warehousing factory stores in Xi'an and Hefei, and reached a strategic cooperation with Zhengzhou Airport to explore the Zhengzhou market.

Used car retail dealer Youxin Group (NASDAQ: UXIN) issued an announcement announcing that it has reached a strategic cooperation agreement with the Wuhan Economic and Technological Development Zone. The two sides will jointly build a Uxin Auto ecological intelligent manufacturing industry base, mainly to build a used car remanufacturing plant and a one-stop warehouse. The base investment will reach 600 million yuan. It is expected that the first phase of the project will be put into trial operation in the first quarter of 2025. Previously, Youxin Group had already established used car warehousing factory stores in Xi'an and Hefei, and reached a strategic cooperation with Zhengzhou Airport to explore the Zhengzhou market.