U Power Limited Shareholders Approve Major Resolutions
Company Announcements

U Power Limited Shareholders Approve Major Resolutions

U Power Limited (UCAR) has released an update.

U Power Limited recently conducted its 2024 Annual General Meeting, where shareholders voted on key resolutions including a restructuring of the company’s share capital and the adoption of a revised set of corporate governance documents. The restructuring will result in a new class of shares with different voting rights and the authorised share capital will be divided into two classes of ordinary shares. Both resolutions were passed with a majority of votes in favor, setting the stage for U Power’s future corporate strategy and governance.

For further insights into UCAR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyU Power files $50M mixed securities shelf
TheFlyU Power signs Memorandum of Understanding with Ualabee Corp.
TheFlyU Power files to sell 629K Class A ordinary shares for holders
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App