BEIJING, March 18, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced that it has entered into a term sheet with Xin Gao Group Limited ("Xin Gao") and an investment fund focusing on automobile related industries ("NC Fund," together with Xin Gao, the "Investors") on March 18, 2024 with respect to financing by the Company from the Investors. Xin Gao is an existing shareholder of the Company. Xin Gao is controlled by Mr. Kun Dai, the ...