UCAR

– Cash and Cash Equivalents of RMB54.9 million (US$8.1 million) as of June 30, 2026; Working Capital of RMB123.3 million (US$18.2 million) SHANGHAI, Nov. 6, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of electric vehicle (EV) battery-swapping solutions based on its proprietary UOTTA™ technology, expanding into AI-integrated energy management for transportation systems and energy infrastructure, today announced its interim unaudited financial results for the six months ended June 30, 2026 ("H1 2026").[1] H1 2026 Financial Snapshot Total net revenues were RMB14.8 million (US$2.2 million), a decrease of 16.5% compared with RMB17.7 million in the six months ended June 30, 2025 ("H1 2025").

HONG KONG, Aug. 4, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, today announced that on August 3, 2026, it entered into subscription agreements (the "Subscription Agreements") with four existing shareholders for the sale of 9,756,100 Class A Ordinary Shares (each, a "Share" and, collectively, the "Shares") of the Company at US$1.64 per Share, for aggregate gross proceeds of US$16 million (the "Transaction"), in reliance upon Regulation S under the Securities Act of 1933, as amended ("Regulation S"). The Shares are being offered for the account of the Company to certain of its existing shareholders in an offshore transaction pursuant to Regulation S.

BANGKOK, June 1, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) ("U Power" or the "Company"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTA™ electric vehicle ("EV") battery-swapping technology, today announced that Hydro Data Limited, a U Power-controlled joint venture established in May 2026 with Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. ("Guofu Hydrogen Energy") and Cloud Digital Chain Limited to develop AI-driven, hydrogen-based integrated energy solutions for data centers, initially in Thailand and with plans for global expansion (the "Hydro Data JV"), has been named the recipient of the 2026 "Data Center Power & Energy Solution" Digital Infrastructure Forum Award (the "DIF Award").

BANGKOK, Thailand, May 27, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) ("U Power" or the "Company"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTATM electric vehicle ("EV") battery-swapping technology, today announced that its controlled joint venture, the Hydro Data Limited joint venture (the "Hydro Data JV"), CEWA Group, the regional infrastructure developer (the "CEWA Group"), and Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd., the hydrogen systems provider ("Guofu Hydrogen Energy"), have entered into an agreement to develop an integrated energy solution for a 100MW data center ("IDC") project in Rayong, Thailand (the "Agreement"), which project the Company believes will represent a key milestone in the Company's expansion into comprehensive energy solutions for IDCs in Southeast Asia.

SHANGHAI, April 27, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, today announced that on April 27, 2026, it entered into subscription agreements (the "Subscription Agreements") with ten purchasers, including Founder and Chief Executive Officer Johnny Lee, for the sale of 15,670,737 Class A Ordinary Shares (each, a "Share" and collectively, the "Shares") of the Company at $1.64 per Share, in reliance upon Regulation S under the Securities Act of 1933, as amended (the "Transaction"). Purchasers of the Shares also include Fortune Light Assets Ltd, a family office of Chatchaval Jiaravanon and a member of The Charoen Pokphand Group Company (CP Group); as well as Guofu Hydrogen Energy (Hong Kong) Development Co., Limited (HKSE: 2582), a leading integrated solutions provider for the full hydrogen energy equipment value chain in China.

SHANGHAI, April 7, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, today announced that on April 7, 2026, it entered into subscription agreements (the "Subscription Agreements") with seven purchasers, for the sale of 2,900,000 Class A Ordinary Shares (each, a "Share" and collectively, the "Shares") of the Company at $1.10 per Share (the "Transaction"). Gross proceeds to the Company from this Transaction will be $3,190,000.