LUO Jie Amends Uxin Ltd. Stake Disclosure
Ticker: UXIN · Form: SC 13G/A · Filed: Feb 7, 2024 · CIK: 1729173
| Field | Detail |
|---|---|
| Company | Uxin Ltd (UXIN) |
| Form Type | SC 13G/A |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, beneficial-ownership
Related Tickers: UXIN
TL;DR
**LUO Jie updated his Uxin Ltd. ownership, watch for details on his stake.**
AI Summary
LUO Jie, a citizen of the People's Republic of China, filed an amended SC 13G/A on February 7, 2024, indicating a change in his beneficial ownership of Uxin Ltd.'s Class A ordinary shares as of December 31, 2023. This filing updates his previous disclosures regarding his stake in the company. This matters to investors because significant ownership changes by key individuals like LUO Jie can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing stock price movements.
Why It Matters
Changes in beneficial ownership by significant individuals can signal shifts in their conviction about the company's future, potentially impacting investor sentiment and stock valuation.
Risk Assessment
Risk Level: low — This filing is an amendment to a routine disclosure, indicating a change in beneficial ownership rather than a new, high-impact event.
Analyst Insight
Investors should review the full SC 13G/A filing to understand the exact change in LUO Jie's beneficial ownership and assess its potential impact on Uxin Ltd.'s stock, especially if the change is significant.
Key Numbers
- US$0.0001 — Par Value per Share (The par value of Uxin Ltd.'s Class A ordinary shares.)
- 91818X108 — CUSIP Number (CUSIP number assigned to Uxin Ltd.'s American Depositary Shares (ADSs), each representing three hundred Class A ordinary shares.)
Key Players & Entities
- LUO Jie (person) — reporting person and beneficial owner of Uxin Ltd. shares
- Uxin Ltd. (company) — the issuer of the Class A ordinary shares
- People's Republic of China (company) — citizenship of LUO Jie
- December 31, 2023 (date) — date of the event requiring the filing
- February 7, 2024 (date) — filing date of the SC 13G/A
- US$0.0001 (dollar_amount) — par value per Class A ordinary share of Uxin Ltd.
Forward-Looking Statements
- Further details on LUO Jie's specific share count and percentage ownership will be disclosed in the full filing, which could influence short-term investor sentiment. (LUO Jie) — medium confidence, target: Q1 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person in this SC 13G/A filing is LUO Jie, as stated in Item 1 of the cover page and the 'FILED BY' section.
What is the name of the issuer whose securities are being reported?
The name of the issuer is Uxin Limited, as specified under 'Name of Issuer' on the cover page and in the 'SUBJECT COMPANY' data.
What is the par value of Uxin Ltd.'s Class A ordinary shares?
The par value of Uxin Ltd.'s Class A ordinary shares is US$0.0001 per share, as indicated under 'Title of Class of Securities' on the cover page.
What is the CUSIP number associated with Uxin Ltd.'s securities mentioned in the filing?
The CUSIP number mentioned is 91818X108, which is assigned to the Issuer’s American Depositary Shares, each representing three hundred Class A ordinary shares, as noted in the footnote on the cover page.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as stated on the cover page.
Filing Stats: 1,119 words · 4 min read · ~4 pages · Grade level 10.8 · Accepted 2024-02-07 06:07:53
Key Financial Figures
- $0.0001 — ) Class A ordinary shares, par value US$0.0001 per share (Title of Class of Securiti
Filing Documents
- tm245185d1_sc13ga.htm (SC 13G/A) — 40KB
- 0001104659-24-011309.txt ( ) — 41KB
Ownership
Item 4. Ownership (a) Amount Beneficially Owned The information set forth in Row 9 on the cover page is hereby incorporated by reference into this Item 4(a). (b) Percent of Class The information set forth in Row 11 and the associated footnote on the cover page is hereby incorporated by reference into this Item 4(b). (c) Number of share as to which such person has: (i) Sole power to vote or to direct the vote: 136,912,290 ordinary shares (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 136,912,290 ordinary shares (iv) Shared power to dispose or to direct the disposition of: 0 The information set forth in Rows 5 through 8 and the associated footnotes on the cover page is hereby incorporated by reference into this Item 4(c). CUSIP No. 91818X108 Page 4 of 5 Pages
Ownership of Fiver Percent of Less of a Class
Item 5. Ownership of Fiver Percent of Less of a Class If this than five percent of the class of securities, check the following:
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not applicable.
Certifications
Item 10. Certifications By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a–11. CUSIP No. 91818X108 Page 5 of 5 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 7, 2024 By: /s/ LUO Jie Name: LUO Jie