Correspondence 0001213900-22-082122 from U Power Ltd (UCAR)
U Power Ltd
Date: Dec. 22, 2022 · CIK: 0001939780 · Accession: 0001213900-22-082122
AI Filing Summary & Sentiment
Reasoning
Referenced dates: November 30, 2022
Letter
Via Edgar Division of Corporation Finance Office of Manufacturing Amended Draft Registration Statement on Form F-1 Submitted November 16, 2022 CIK No. 0001939780
Re: U Power Limited
Dear Mr. Eastman:
This letter is in response to the letter dated November 30, 2022, from the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) addressed to U Power Limited (the “Company”, “we”, or “our”). For ease of reference, we have recited the Commission’s comment in this response. A registration statement on Form F-1 (the “DRS”) is being filed to accompany this letter.
Amended Draft Registration Statement on Form F-1 Submitted November 16, 2022
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.
Response: We acknowledge Staff’s comment and revised the cover page to disclose that this structure involves unique risks to investors and provide a cross-reference to our detailed discussion of risks facing the Company and the offering as a result of this structure.
We appreciate the assistance the Staff has provided with its comments. If you have any questions, please do not hesitate to call our counsel, Ying Li, Esq., of Hunter Taubman Fischer & Li LLC, at (212) 530-2206.
Very truly yours,
/s/ Jia Li
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CORRESP
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filename1.htm
December 22, 2022
Via Edgar
Mr. Charles Eastman
Division of Corporation Finance
Office of Manufacturing
U.S. Securities and Exchange Commission
Re:
U Power Limited
Amended Draft Registration Statement on Form F-1
Submitted November 16, 2022
CIK No. 0001939780
Dear Mr. Eastman:
This letter is in response to the letter dated
November 30, 2022, from the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) addressed
to U Power Limited (the “Company”, “we”, or “our”). For ease of reference, we have recited the Commission’s
comment in this response. A registration statement on Form F-1 (the “DRS”) is being filed to accompany this letter.
Amended Draft Registration Statement on Form
F-1 Submitted November 16, 2022
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.
Response: We acknowledge Staff’s
comment and revised the cover page to disclose that this structure involves unique risks to investors and provide a cross-reference to
our detailed discussion of risks facing the Company and the offering as a result of this structure.
We appreciate the assistance the Staff has provided
with its comments. If you have any questions, please do not hesitate to call our counsel, Ying Li, Esq., of Hunter Taubman Fischer &
Li LLC, at (212) 530-2206.
Very truly yours,
/s/ Jia Li
Name:
Jia Li
Title:
Chief Executive Officer
Cc: Ying Li, Esq.
Hunter Taubman Fischer & Li LLC