U Power Limited reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was CNY 19.76 million compared to CNY 7.8 million a year ago. Net loss was CNY 19.34 million compared to CNY 45.92 million a year ago.

Basic loss per share from continuing operations was CNY 15.56 compared to CNY 91.84 a year ago.