U Power Limited (UCAR) has released an update.
U Power Limited has released its unaudited consolidated financial statements, showing a slight decrease in total assets from RMB 428,988 thousand as of December 31, 2023, to RMB 420,939 thousand by June 30, 2024. The company’s total liabilities have also seen a minor reduction in the same period, from RMB 80,861 thousand to RMB 74,874 thousand. Shareholder’s equity has increased, indicating potential growth and stability in the company’s financial position.
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