Business Context and Reporting Period
This Form 6-K filing by U Power Limited, a Cayman Islands-incorporated company, covers the month of January 2026. The report was filed on January 27, 2026, and primarily addresses a change in the registrant's certifying accountant.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of corporate governance changes rather than a financial results statement.
Material Changes
- Change of Auditor: The Board approved the replacement of HHL LLP with HCL, PLLC as the independent auditor.
- Effective Date: The termination of HHL and the engagement of HCL both became effective on January 13, 2026.
- Historical Review: HHL conducted a limited review of interim financial statements for the six months ended June 30, 2025.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. Regarding risks and contingencies, the Company confirmed there were no disagreements with the former auditor (HHL) concerning accounting principles, financial statement disclosures, or auditing scope during the six months ended June 30, 2025, or through January 13, 2026. Additionally, the Company confirmed it did not consult the new auditor (HCL) regarding any accounting principles or reportable events prior to their engagement.
Investor Verification Checklist
- Verify the reasons for the auditor change by reviewing the letter from HHL LLP filed as Exhibit 16.1.
- Confirm the qualifications and independence of the new auditor, HCL, PLLC.
- Review upcoming filings (e.g., Form 20-F) to assess if the auditor change impacts the audit opinion on future financial statements.
- Check for any subsequent filings that might disclose financial results for the period ending June 30, 2025, which were previously reviewed by HHL.