$优信(UXIN)$BEIJING, July 12, 2021 (GLOBE NEWSWIRE) -- Uxin Limited (“Uxin” or the “Company”) (NASDAQ: UXIN), a leading nationwide online used car dealer in China, today announced the closing of the first tranche of its financing transaction of up to US$315 million announced on June 15, 2021, pursuant to which the Company has issued a total of 291,290,416 senior convertible preferred shares, equivalent to 97,096,805 American Depositary Shares (“ADSs”) of the Company, to NIO Capital and Joy Capital for an aggregate purchase amount of US$100 million. The Company’s convertible notes holders, including 58.com, TPG and Warburg Pincus, have converted their convertible notes in an aggregate principal amount of US$69 million into 66,990,291 Class A ordinary sh