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U Power Ltd. (China)

Main Activities: Motor Vehicle Parts Manufacturing
Full name: U Power Ltd. Profile Updated: October 22, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Chinese Download a sample report

The Company engages in the development, manufacture, and sale of new energy vehicles and battery swapping stations. It also offers battery swapping and sourcing, as well as technical and consultation services.
The Company is a vehicle sourcing service provider in China, with a vision to becoming an EV market player primarily focused on its proprietary battery-swapping technology, or UOTTA technology, which is an intelligent modular battery-swapping technology designed to provide a comprehensive battery power solution for EVs.
HISTORY
2021 The Company is incorporated in the Cayman Islands on June 17, 2021.
2022 On July 8, 2022, the Company, through WFOE, entered into an equity purchase agreement with AHYS.
2023 On April 20, 2023,Its ordinary shares commenced trading on the Nasdaq Capital Market under the symbol “UCAR.”

Headquarters
2F, Zuoan 88 A, Lujiazui Shanghai 200120
Shanghai; Shanghai;

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Website: http://www.upincar.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
December 06, 2025
Key Executives
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Chairman
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Chief Financial Officer
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Outside Director
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Outside Director
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Outside Director
Ownership Details
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15.382%
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12.19%
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10.56%
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6.79%
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6.541%
Subsidiaries
Youcang Limited (United Kingdom)
Company Performance
Financial values in the chart are available after U Power Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
34.41%
Total operating revenue
29.21%
Operating profit (EBIT)
-19.89%
EBITDA
16.88%
Net Profit (Loss) for the Period
-3.34%
Total assets
-5.92%
Total equity
-5.52%
Operating Profit Margin (ROS)
21.01%
Net Profit Margin
46.47%
Return on Equity (ROE)
-0.72%
Debt to Equity Ratio
0.36%
Quick Ratio
-0.08%
Cash Ratio
-0.21%

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