U Power’s net loss more than triples to RMB 97.61 million for six months ended June 30, 2026

• U Power’s net loss more than tripled to RMB 97.61 million for the six months ended June 30, 2026, versus a year earlier.
• Total net revenues fell 17% year over year to RMB 14.8 million.
• General and administrative expenses more than doubled to RMB 64.24 million from a year earlier.
• Net cash used in operating activities increased to RMB 192.06 million, with liquidity conditions raising substantial doubt about continued operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U Power Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-116881), on November 06, 2026, and is solely responsible for the information contained therein.