Business Context and Reporting Period
This Form 6-K filing by U Power Limited, a Cayman Islands-incorporated company, covers the month of July 2025. The report discloses a change in the registrant's certifying independent auditor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a disclosure of auditor changes and does not contain financial statement data.
Material Changes
- Auditor Change: On July 25, 2025, the Board approved the replacement of Onestop Assurance PAC with HHL LLP as the independent auditor.
- Effective Date: The termination of Onestop and the engagement of HHL both became effective on July 24, 2025.
- Prior Audit Status: Onestop's reports for fiscal years 2023 and 2024 contained no adverse, qualified, or modified opinions.
- Disagreements: There were no disagreements with Onestop regarding accounting principles, practices, or audit scope during the two most recent fiscal years through July 24, 2025.
Guidance, Risks, and Contingencies
- Reportable Events: The filing notes no reportable events other than material weaknesses previously identified by management in the Company's annual report on Form 20-F filed on May 15, 2025.
- Consultations: The Company did not consult HHL regarding accounting principles, audit opinions, disagreements, or reportable events prior to their engagement.
- Outlook: The filing text does not provide guidance or management commentary on future financial performance.
Investor Verification Checklist
- Verify the details of the material weaknesses disclosed in the Form 20-F filed on May 15, 2025.
- Review the letter from Onestop Assurance PAC (Exhibit 16.1) to confirm their agreement with the Company's statements regarding the auditor change.
- Confirm the transition timeline and scope of work for the new auditor, HHL LLP.
- Check for any subsequent filings that may address the previously identified material weaknesses.