BEIJING, Nov. 25, 2024 /PRNewswire/ — Thank you (NASDAQ:) Limited (“Thank you” or the “Company”, and its subsidiaries, the “Group”) (Nasdaq: XIN), Of China a leading used car dealer, today announced that the Company’s board of directors has approved a change in the Company’s fiscal year end March 31 to December 31 each year.
The main purpose of this change is to simplify the Company’s financial reporting to international standards and align with industry practices, improving comparability with peers. This adjustment also allows the Company to better align operating and reporting cycles with market conditions and customer needs, ensuring effective communication with stakeholders and investors. The fiscal year-end change is effective immediately.
About Thank you
Thank you is China’s leading used car dealer, pioneering industry change through advanced manufacturing, new retail experience, and digital empowerment. We offer high-quality, value-for-money vehicles and excellent after-sales services through a reliable, one-stop, hassle-free experience. Under our omni-channel strategy, we are able to use our leading online platform to serve customers across the country and establish market leadership in selected regions with offline testing and repair centers. Using our extensive industry data and continuous technological innovation during more than ten years of operation, we have developed strong capabilities in used car management and operations. We are committed to supporting our customer-centric approach and driving the healthy development of the used car industry.
Safe Harbor Statement
This press release contains statements that may include “forward-looking” statements made pursuant to the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words such as “will,” “expects,” “anticipates,” “intends,” “future,” “intends,” “plans,” “believes.” ,” “estimates,” “potential,” and similar statements. Statements that are not historical facts, including statements about Thank you beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: risks and uncertainties regarding the timing of entering into specific agreements or completing transactions; the risk that certain closing conditions to the transaction may not be satisfied on time, or at all; the impact of the COVID-19 pandemic; Thank you mission and strategy; its expansion plans and the successful completion of certain financing activities; its future business development, financial condition and results of operations; Thank you expectations regarding demand for, and market acceptance of, its services; its ability to provide a unique and superior customer experience, to maintain and improve customer confidence in its environment, and to assess and mitigate various risks, including credit; expected in relation to maintaining and expanding its relationships with business partners, including financing partners; trends and competition in the used car industry in China e-commerce; related laws and regulations Thank you industry; general economic and business conditions; and assumptions underlying or relating to any of the foregoing.
For investor and media inquiries, please contact:
Uxin Limited Investor Relations
Rating of the company Uxin Limited
Email: ir@xin.com
The Blueshirt team
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co
