US Stock Market Move | Uxin Ltd. Sponsored ADR (UXIN.US) surged more than 17%, reaching a strategic cooperation agreement with Guangzhou Development Zone to build a comprehensive automotive industry complex.

On Monday, Uxin Ltd. Sponsored ADR (UXIN.US) surged more than 17%, closing at $2.93. In terms of news, on October 31, Uxin Ltd. Sponsored ADR announced a strategic cooperation agreement with the Guangzhou Development Zone. Both parties will jointly build the Uxin Ltd. Sponsored ADR second-hand car Guangzhou storage factory store project, with a planned total investment of 1 billion yuan, to create a modern automotive industry complex integrating intelligent remanufacturing and one-stop retail services. The inventory scale is expected to exceed 3000 vehicles. The Uxin Ltd. Sponsored ADR second-hand car Guangzhou storage factory store project includes an intelligent remanufacturing factory and a one-stop storage mall, covering the entire chain of second-hand car maintenance, preparation, storage, display, trade, transfer, and after-sales services, forming a complete closed loop from vehicle acquisition to sales delivery, providing consumers with a more efficient, transparent, and high-quality car buying experience.