Price Target Changed • Jul 30
Price target decreased by 95% to US$2.00 Down from US$40.00, the current price target is provided by 1 analyst. New target price is 98% above last closing price of US$1.01. Stock is down 95% over the past year. The company posted a net loss per share of CN¥150 last year. Board Change • Jul 30
High number of new directors Independent Director Bo Lyu was the last director to join the board, commencing their role in 2026. Announcement • Jul 17
U Power Limited Announces Board and Committee Changes U Power Limited announced that Jean Christophe Baron Von Pfetten resigned as an independent director of the Company, as well as a member of the audit committee, the compensation committee, and the nominating and corporate governance committee of the board of directors, effective June 30, 2026. Mr. Von Pfetten confirmed that his resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. U Power Limited announced that Bo Lyu was appointed as an independent director of the Company, effective July 1, 2026. The Board also appointed Mr. Lyu to serve as a member of the audit committee, the compensation committee, and the nominating and corporate governance committee of the Board. The Board determined that Mr. Lyu qualifies as an independent director of the Company under the applicable rules of the Nasdaq Stock Market and the Securities and Exchange Commission. Mr. Bo Lyu has over 10 years of experience in corporate financing and public company management. Mr. Lyu served as financial controller at Building Dreamstar Technology Inc. from August 2020 to October 2021. From December 2017 to April 2019, Mr. Lyu served as board secretary at Dragon Victory International Limited (currently known as Metalpha Technology Holding Ltd). From 2014 to August 2017, Mr. Lyu served as board secretary at Hailiang Education Group Inc. From 2009 to 2013, Mr. Lyu served as investment manager at Hailiang Group Co. Ltd., the then-parent company of Hailiang Education Group Inc., Zhejiang Hailiang Co. Ltd., and Hailiang International Holding Co. Ltd. Mr. Lyu received his master's degree in finance from Albert-Ludwigs-Universität Freiburg in Germany in 2008 and his bachelor's degree in international investment from Wuhan University in China in 2001. 
