UCAR · U Power Limited

The cancellation of the extraordinary general meeting halts proposed corporate actions including an increase in authorised share capital, adoption of updated memorandum and articles reflecting that increase, and share consolidation. These changes, if approved, would have altered the Company's capital structure and governance documents. The board's decision under Article 72 indicates sufficient authority without shareholder approval at this stage, potentially signaling a strategic pause or alternative path forward. Investors should monitor for updates on these initiatives or rescheduling, as they impact share structure and capital flexibility. No reasons for cancellation are provided beyond the board resolution.