U POWER LTD DL -,0000001 Aktie

U Power sold 9,756,100 Class A common shares to four existing shareholders at $1.64 per share, raising $16 million gross. The transaction was made as an offshore offering under Regulation S to non‑U.S. persons and was approved by the board. The company plans to use the net proceeds primarily to expand hydrogen energy solutions for smart data centers in Thailand and to scale battery swap systems in overseas markets; exact use and timing remain at management’s discretion. Details are contained in the Form 6‑K filed with the SEC. » More on de.investing.com

U Power said its subsidiary HYDRO DATA delivered a keynote and took part in a panel discussion at Data Center Asia 2026 on hydrogen-based energy solutions for AI data centers. HYDRO DATA was founded in May 2026 with partners and a strategic investment from the family of the Charoen Pokphand Group and has signed a memorandum of intent for a 100‑MW data center project in Rayong; a 3‑MW demonstration phase is already underway. The company is focusing on PEM fuel cell technology and modular concepts and plans to expand in the APAC region and globally using resources from the CP partnership. Analysts expect revenue growth of around 65% for the current year despite a 97% drop in the stock last year. » More on de.investing.com

U Power entered into subscription agreements to sell 15,670,737 common shares at $1.64 each, raising $25.7 million. Investors include CEO Johnny Lee ($3.0 million), Fortune Light Assets ($2.0 million) and Guofu Hydrogen Energy ($3.6 million). The offering was made offshore under Regulation S, with closing expected today; the board and audit committee approved the transaction, including Lee’s subscription. Proceeds will be used to expand hydrogen energy solutions for smart data centers in Thailand, battery-swap and electric vehicle projects in overseas markets, and the company’s core business. » More on de.investing.com