#China #Shanghai #Battery-Swapping #U Power Limited #UCAR

U Power Limited Secures Strategic Investments

On April 7, 2026, U Power Limited (Nasdaq: UCAR), a renowned provider of AI-driven solutions for the evolving energy landscape, made significant strides by finalizing subscription agreements with seven investors. This strategic move allows the company to offer approximately 2.9 million Class A Ordinary Shares at a rate of $1.10 each, which aggregates to a substantial $3.19 million in gross proceeds. This funding will be instrumental in bolstering U Power's position in both existing and new markets.

The closing for this transaction is expected around the same date as the announcement and has already received the green light from the company's board of directors. Johnny Lee, U Power's Founder and CEO, expressed appreciation for the unwavering support from shareholders, highlighting this investment as a clear indication of the investors' recognition of U Power's value and growth potential. Lee remarked, "We deeply value the continued support of our shareholders and are especially encouraged by their participation in this Transaction."

These proceeds are primarily targeted towards enhancing U Power’s core operations and accelerating the launch of its innovative battery-swapping technology, a distinctive service the company has developed.

U Power’s evolution from a battery-swapping station manufacturer to a comprehensive provider of AI-integrated energy solutions signifies a pivotal change in its business approach. Originally known for its modular battery-swapping technology, UOTTA™, the company aims to establish intelligent ecosystems that leverage advanced AI to optimize the efficiency of electric vehicles (EVs).

Through strategic funding and partnerships, U Power is focused on transforming EVs into integral energy assets. Their AI-driven initiatives are designed to streamline energy replenishment processes and enable seamless interactions between EVs and advanced energy infrastructures, essential for peak and off-peak energy load balancing.

In this context, it is vital to acknowledge the regulatory landscape. The shares from this transaction are offered under Regulation S of the Securities Act of 1933 and are not registered for sale in the U.S., preserving compliance with state and federal laws.

U Power's commitment to innovation and responsible operation aligns perfectly with the rapidly changing dynamics of the energy market, particularly as the demand for clean and efficient energy solutions gains momentum globally. Their current initiatives promise to enhance mobility and grid performance while addressing the challenges posed by modern transportation demands.

As the company moves forward, it aims not only to refine its existing offerings but also to explore new technological advancements to remain at the forefront of the high-tech energy solution sector. For further details and updates from U Power Limited, stakeholders and interested parties can find an extensive resource through the official website at U Power Limited.

In summary, U Power Limited's recent agreements mark a strategic expansion into areas critical for long-term sustainability in energy solutions and mobility. With its innovative battery-swapping technology and advancements in AI, U Power is set to redefine the future of energy along with its role in the electric vehicle space.