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U Power Announces Appointment of New Independent Director
Prnewswire· 2024-02-08 10:00
Core Viewpoint - U Power Limited has announced the resignation of Mr. Bo Lyu from its board and the appointment of Prof. Jean Christophe von Pfetten as an independent director, effective February 1, 2024, which is expected to enhance the company's governance and strategic direction [1][3]. Company Overview - U Power Limited is a vehicle sourcing services provider aiming to become a comprehensive EV battery power solution provider in China, focusing on its proprietary battery-swapping technology known as UOTTA [4]. - The company has been operational since 2013 and has established a vehicle sourcing network in China's lower-tier cities, developing two types of battery-swapping stations and operating a manufacturing factory in Zibo City, Shandong Province [4]. New Board Member Profile - Prof. Jean Christophe von Pfetten is an accomplished diplomat and academic with extensive experience, including roles as Chairman of the Institute for EastWest Strategic Studies and a visiting professor at People's University of China [2]. - He has authored a book and over thirty articles on topics related to corporate governance, political economics, and international relations, holding degrees in Physics, Chemistry, and Geophysics [2].
U Power and Cornerstone Sign MoU to Explore the Application of New Energy Charging Equipment and EV Product Solutions in Hong Kong and Southeast Asia
Prnewswire· 2024-02-06 11:00
SHANGHAI, Feb. 6, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has signed a Memorandum of Understanding ("MoU") with Cornerstone Technologies Holdings Limited ("Cornerstone"), a leading EV charging solution provider and charge point operator based in Hong Kong with an increasing presence across South East Asia, to jointly exp ...
U Power Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Newsfilter· 2024-01-23 21:05
Shanghai, China, Jan. 23, 2024 (GLOBE NEWSWIRE) -- U Power Limited (NASDAQ:UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced the Company had received a notification letter (the "Notification Letter"), dated January 19, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that it is not in compliance with the minimum bid price requirem ...
U Power (UCAR) - 2023 Q2 - Quarterly Report
2023-10-09 16:00
Exhibit 99.1 U POWER LIMITED INDEX TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------| | | Page(s) | | CONDENSED CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 2022 AND JUNE 30, 2023 (UNAUDITED) UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE SI ...
U Power (UCAR) - 2022 Q4 - Annual Report
2023-08-21 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ...