Company Overview - U Power Limited is a provider of comprehensive electric vehicle (EV) battery-swapping solutions, aiming to become a smart energy grid solutions provider [6] - The company utilizes its proprietary modular battery-swapping technology, UOTTA™, to manufacture and sell various models of battery-swapping stations for EVs [6] Recent Achievements - U Power has received the Beyond Impact Award at the 5th BEYOND International Technology Innovation Expo for its advanced battery-swapping ecosystem, recognizing its contributions to the environment, society, economy, and technology [3][4] - The BEYOND Expo is Asia's largest technology gathering, featuring over 800 companies across various sectors [2] Strategic Developments - Following the successful launch of battery-swapping solutions in mainland China and Thailand, U Power plans to debut its first battery-swapping station in Hong Kong in June 2025, which will be the first full-service taxi-focused station in the region [5] - The company is pursuing a two-fold strategy of expanding its geographic footprint through joint ventures while also investing in comprehensive solutions for EV manufacturers and drivers [5] Vision and Future Plans - U Power aims to transform EVs into dynamic assets for smart energy grids by investing in next-generation technologies and building intelligent ecosystems that integrate AI-driven solutions [7]