U Power and Cornerstone Sign MoU to Explore the Application of New Energy Charging Equipment and EV Product Solutions in Hong Kong and Southeast Asia
U Power Limited (UCAR)
Company Research
Source: PR Newswire
SHANGHAI, Feb. 6, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has signed a Memorandum of Understanding ("MoU") with Cornerstone Technologies Holdings Limited ("Cornerstone"), a leading EV charging solution provider and charge point operator based in Hong Kong with an increasing presence across South East Asia, to jointly explore and develop a strategic business relationship.Pursuant to the MoU, U Power and Cornerstone intend to jointly assess and promote the application of new energy charging equipment and EV product solutions, such as battery swapping stations and other charging equipment to provide effective and sustainable solutions in Hong Kong and the Southeast Asia region. In addition, both parties have agreed to explore the possibility of investing into a Joint Venture for the business.Mr. Jia L
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UCAR
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- U Power Limited Regains Compliance with Nasdaq Minimum Bid Price RequirementPR Newswire
- U Power To Launch Commercial Operation for its EV Battery Swapping System [Yahoo! Finance]Yahoo! Finance
- U Power To Launch Commercial Operation for its EV Battery Swapping SystemPR Newswire
- U Power Limited Announces 1-for-100 Share Consolidation [Yahoo! Finance]Yahoo! Finance
UCAR
Sec Filings
- 4/30/24 - Form NT
- 4/24/24 - Form 6-K
- 4/9/24 - Form SC
- UCAR's page on the SEC website