U Power Ltd. has approved a series of share consolidations, allowing its directors or executives to consolidate ordinary shares if the Class A share price falls below $1.00. The process could involve consolidating every 10, 20, or 20 shares into one share in successive steps, ultimately increasing the par value of each share while reducing the total number of shares outstanding. No fractional shares will be issued; any resulting fractions will be aggregated and settled accordingly.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U Power Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-118905), on December 08, 2025, and is solely responsible for the information contained therein.
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