- U Power plans to consolidate its ordinary shares on a 10-for-1 basis, with shareholder approval dated December 5, 2025 and board approval dated November 4, 2025.
- Post-consolidation trading is set to begin March 30, 2026.
- Authorized share capital after the consolidation is expected to be 500,000,000 ordinary shares with a par value of USD 0.0001 per share.
- No fractional shares will be issued, and fractional entitlements are expected to be rounded up to the next whole share.
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: 0001213900-26-033592), on March 24, 2026, and is solely responsible for the information contained therein.
Comments