Dividends & Buybacks ·
U Power Limited announced a forward share consolidation on a 20-for-1 basis, approved by the board and shareholders in…
UCARU Power Ltd
U Power Limited announced a forward share consolidation on a 20-for-1 basis, approved by the board and shareholders in late 2025. The transaction adjusts authorized capital to US$50,000 divided into approximately 25 million Class A and B ordinary shares with a par value of US$0.002 each. Trading on the Nasdaq Capital Market under symbol UCAR will resume on a post-consolidation basis beginning September 9, 2026, utilizing a new CUSIP number. Fractional shares are rounded up to whole shares rather than cashed out. U Power Limited operates in the electric vehicle industry.