U Power plans 1-for-20 share consolidation effective Sept. 9, 2026

• U Power will consolidate its ordinary shares 20-for-1, effective at the open on Sept. 9, 2026.
• Class A ordinary shares will continue trading on Nasdaq under “UCAR” under new CUSIP G9520U132.
• Fractional shares will be rounded up to the next whole share, with no cash paid for fractions.

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: 0001213900-26-097217), on September 03, 2026, and is solely responsible for the information contained therein.