Uxin Announces Change of Fiscal Year End
Uxin (Nasdaq: UXIN), China's leading used car retailer, announced a change in its fiscal year end from March 31 to December 31. The change, effective immediately, aims to align financial reporting with global standards and industry practices, improving peer comparability. This modification will help the company better synchronize operational planning and reporting cycles with market trends and customer demands, facilitating more effective stakeholder communication.
Uxin (Nasdaq: UXIN), il principale rivenditore di auto usate in Cina, ha annunciato un cambiamento nella chiusura del suo anno fiscale, passando dal 31 marzo al 31 dicembre. Il cambiamento, che è immediatamente efficace, mira ad allineare la rendicontazione finanziaria con gli standard globali e le pratiche del settore, migliorando la comparabilità con i concorrenti. Questa modifica aiuterà l'azienda a sincronizzare meglio la pianificazione operativa e i cicli di rendicontazione con le tendenze di mercato e le esigenze dei clienti, facilitando una comunicazione più efficace con gli stakeholder.
Uxin (Nasdaq: UXIN), el principal minorista de autos usados en China, anunció un cambio en el cierre de su año fiscal, pasando del 31 de marzo al 31 de diciembre. El cambio, que es efectivo de inmediato, tiene como objetivo alinear la presentación de informes financieros con estándares globales y prácticas de la industria, mejorando la comparabilidad con los pares. Esta modificación ayudará a la empresa a sincronizar mejor la planificación operativa y los ciclos de informes con las tendencias del mercado y las demandas de los clientes, facilitando una comunicación más eficaz con los interesados.
Uxin (Nasdaq: UXIN), 중국의 주요 중고차 소매업체가 회계연도의 종료일을 3월 31일에서 12월 31일로 변경한다고 발표했습니다. 이번 변경은 즉시 시행되며, 재무 보고를 글로벌 기준 및 업계 관행과 맞추어 경쟁사 간의 비교 가능성을 개선하는 것을 목표로 하고 있습니다. 이 수정은 회사가 운영 계획 및 보고 주기를 시장 동향 및 고객 요구 사항과 더 잘 조정할 수 있도록 도와주어 이해 관계자와의 보다 효과적인 소통을 촉진할 것입니다.
Uxin (Nasdaq: UXIN), le principal détaillant de voitures d'occasion en Chine, a annoncé un changement de la clôture de son exercice fiscal, passant du 31 mars au 31 décembre. Ce changement, qui prend effet immédiatement, vise à aligner les rapports financiers sur les normes mondiales et les pratiques sectorielles, améliorant ainsi la comparabilité entre pairs. Cette modification aidera l'entreprise à mieux synchroniser la planification opérationnelle et les cycles de reporting avec les tendances du marché et les attentes des clients, facilitant une communication plus efficace avec les parties prenantes.
Uxin (Nasdaq: UXIN), Chinas führender Einzelhändler für Gebrauchtwagen, hat eine Änderung des Geschäftsjahresendes vom 31. März auf den 31. Dezember angekündigt. Die sofort wirksame Änderung zielt darauf ab, die Finanzberichterstattung mit globalen Standards und Branchenpraktiken in Einklang zu bringen, um die Vergleichbarkeit mit Wettbewerbern zu verbessern. Diese Modifikation wird dem Unternehmen helfen, die operative Planung und die Berichtszyklen besser mit den Marktentwicklungen und den Kundenbedürfnissen abzustimmen, was eine effektivere Kommunikation mit den Stakeholdern erleichtert.
- Alignment with global financial reporting standards may improve transparency and comparability
- Better synchronization with market trends could enhance operational efficiency
- None.
The primary purpose of this change is to streamline the Company's financial reporting with global standards and align with industry practices, enhancing comparability with peers. This adjustment also allows the Company to better synchronize operational planning and reporting cycles with market trends and customer demands, ensuring more effective communication with stakeholders and investors. The change of fiscal year end is effective immediately.
About Uxin
Uxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the
For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.com
The Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co
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SOURCE Uxin Limited
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