U Power Ltd
Close on Oct 19, 2026
About U Power
Miscellaneous Electrical Machinery, Equipment & Supplies, SIC 3690
U Power Limited operates as a holding company providing automobile sourcing services and developing electric vehicle battery-swapping technology. Through its operating subsidiaries in China, the company engages in vehicle sourcing and distribution, catering primarily to small and medium-sized automobile dealers. It also focuses on developing commercial solutions and infrastructure for the electric vehicle industry, with activities that include automobile services, battery technology development, and related service networks.
The company conducts substantially all of its business operations through operating subsidiaries located in mainland China, including entities in Wuhu, Shanghai, and Shandong. It operates administrative, executive, and service facilities across various Chinese cities, supported by its domestic subsidiary network. U Power Limited maintains its principal executive offices in Wuhu City, Anhui Province, China.
Summary of the business section of U Power's latest annual report, written by StockData.
Company profile
Company
- Legal name
- U Power Ltd
- Founded
- 2013
- Headquarters
- Shanghai, China
- Address
- 2f, Zuoan 88 A, Lujiazui
- Phone
- 0086-21-6859-3598
- Website
- upincar.com
- Employees
- 25, Dec 31, 2025
- Industry
- Miscellaneous Electrical Machinery, Equipment & Supplies
- Incorporated in
- E9
- Fiscal year ends
- December 31
- Auditor
- HCL PLLC, Chicago, IL
Stock & identifiers
- Ticker
- UCAR
- Exchange
- Nasdaq
- IPO date
- Apr 21, 2023
- Shares outstanding
- 0M, Dec 31, 2025
- Filer category
- Non-accelerated filer<br>Emerging growth company
- Stock splits
- 1-for-20 reverse, Sep 9, 2026; 1-for-10 reverse, Apr 1, 2026; 1-for-100 reverse, May 15, 2024; 1-for-100 reverse, Apr 3, 2024
- SEC CIK
- 1939780
- CUSIP
- G9520U124
- ISIN
- USG9520U1248
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Li Jia | Chief Executive Officer, Director | 1,867,124 |
| Zhao Bingyi | Chief Financial Officer, Director | 12,245 |
| Lyu Bo | Director | – |
| Pfetten Jean Christophe Von | Director | – |
| Li Xiaochun | Director | – |
| Chen Quanshi | Director | – |
Employees
Headcount reported in annual reports
“our research and development team consisted of 25 personnel and is led by Mr.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 30, 2026 | Late filing | Notification of late filing |
| Apr 30, 2025 | Late filing | Notification of late filing |
| Apr 30, 2024 | Late filing | Notification of late filing |
| May 1, 2023 | Late filing | Notification of late filing |
| Apr 21, 2023 | IPO | Initial public offering priced (424B4 prospectus) |
| Mar 31, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |