UCAR · U Power Limited

Summary

U Power Limited announced a 10:1 consolidation of its authorized, issued, and unissued ordinary shares, approved by shareholders on December 5, 2025, and by the board on November 4, 2025. Post-consolidation, authorized share capital will be 500,000,000 ordinary shares of US$0.0001 par value, with Class A ordinary shares trading under UCAR and new CUSIP G9520U124 starting March 30, 2026.

Key takeaways

• Share consolidation ratio: 10:1
• Shareholder approval date: December 5, 2025
• Board approval date: November 4, 2025
• Post-consolidation authorized shares: 500,000,000 ordinary shares, par value US$0.0001
• Class A ordinary shares: 399,941,181.2
• Class B ordinary shares: 100,058,818.8
• Post-consolidation trading begins: March 30, 2026 on Nasdaq Capital Market
• New CUSIP: G9520U124
• Fractional shares rounded up to next whole share, no cash paid