SEC Comment Letter 0000000000-22-012917 to U Power Ltd (UCAR)
U Power Ltd
Date: Nov. 30, 2022 · CIK: 0001939780 · Accession: 0000000000-22-012917
AI Filing Summary & Sentiment
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Letter
United States securities and exchange commission logo November 30, 2022 Jai Li Chief Executive Officer U Power Limited 2F, Zuoan 88 A, Lujiazui Shanghai, People’s Republic of China Re:U Power Limited Amendment No. 1 to Draft Registration Statement on Form F-1 Submitted November 16, 2022 CIK No. 0001939780 Dear Jai Li: We have reviewed your amended draft registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing the information you provide in response to these comments and your amended draft registration statement or filed registration statement, we may have additional comments. Amended Draft Registration Statement Cover Page 1.We note your response to comment 4 and reissue in part. Please revise to state that your structure involves unique risks to investors.
FirstName LastNameJai Li Comapany NameU Power Limited November 30, 2022 Page 2 FirstName LastName Jai Li U Power Limited November 30, 2022 Page 2 You may contact Charles Eastman at 202-551-3794 or Kevin Stertzel at 202-551-3723 if you have questions regarding comments on the financial statements and related matters. Please contact Erin Purnell at 202-551-3454 with any other questions. Sincerely, Division of Corporation Finance Office of Manufacturing
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United States securities and exchange commission logo
November 30, 2022
Jai Li
Chief Executive Officer
U Power Limited
2F, Zuoan 88 A, Lujiazui
Shanghai, People’s Republic of China
Re:U Power Limited
Amendment No. 1 to Draft Registration Statement on Form F-1
Submitted November 16, 2022
CIK No. 0001939780
Dear Jai Li:
We have reviewed your amended draft registration statement and have the following
comments. In some of our comments, we may ask you to provide us with information so we
may better understand your disclosure.
Please respond to this letter by providing the requested information and either submitting
an amended draft registration statement or publicly filing your registration statement on
EDGAR. If you do not believe our comments apply to your facts and circumstances or do not
believe an amendment is appropriate, please tell us why in your response.
After reviewing the information you provide in response to these comments and your
amended draft registration statement or filed registration statement, we may have additional
comments.
Amended Draft Registration Statement
Cover Page
1.We note your response to comment 4 and reissue in part. Please revise to state that your
structure involves unique risks to investors.
FirstName LastNameJai Li
Comapany NameU Power Limited
November 30, 2022 Page 2
FirstName LastName
Jai Li
U Power Limited
November 30, 2022
Page 2
You may contact Charles Eastman at 202-551-3794 or Kevin Stertzel at 202-551-3723 if
you have questions regarding comments on the financial statements and related matters. Please
contact Erin Purnell at 202-551-3454 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing