U Power Limited (UCAR)
The company now
U Power Limited is classed by the SEC under Miscellaneous Electrical Machinery, Equipment & Supplies (industry code 3690), based in Shanghai. In its latest annual figures on file, for the fiscal year ended 2025-12-31, it reported revenue of CNY 41 million and a loss of CNY 69 million (its filed statements).
From its filings and filed figures; the desk's account of it is not written yet.
Where the revenue comes from
fiscal 2025, as filedRevenue by product, fiscal 2025
| Product | Fiscal 2025 | Fiscal 2024 | Share of revenue |
|---|---|---|---|
| Product | CN¥36.6M | CN¥41.8M | 89.1% |
| Two Wheeled Vehicle Battery Swapping Services | CN¥3.0M | CN¥1.2M | 7.3% |
| Service | CN¥1.1M | CN¥63,000 | 2.7% |
| Battery Swapping Services | CN¥402,000 | CN¥1.2M | 1.0% |
As tagged in its annual report (Form 20-F, filed May 15, 2026 ↗), read from the SEC's financial statement data sets. The year before is the figure the record holds for the prior fiscal year.
The desk's written account of this company, its Past, Present and Future, is not on file yet.
How the company works
The desk has not read this company's annual report yet.
The record in brief
The desk has not written this company's report yet.