UXIN - Uxin Announces Results of Extraordinary General Meeting | Benzinga
BEIJING, March 1, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company," together with its subsidiaries, the "Group") (NASDAQ:UXIN), China's leading used car retailer, today announced that the proposed resolution submitted for shareholders' approval as set forth in the notice of extraordinary general meeting dated January 30, 2024 have been adopted at the meeting held in Beijing, China today. Specifically, the shareholders have passed the resolution that the authorized share capital of the Company be increased by the creation of an additional 190,000,000,000 new Class A Ordinary Shares of a par value of US$0.0001 each (the "Share Capital Increase"), such that, following the Share Capital Increase, the authorized share capital of the Company will be US$20,000,000 divided into 200,000,000,000 shares comprising of (i) 198,180,000,000 Class A Ordinary Shares of a par value of US$0.0001 each, (ii) 100,000,000 Class B Ordinary Shares of a par value of US$0.0001 each and (iii) 1,720,000,000 Senior Preferred Shares of a par value of US$0.0001.
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