U Power Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported revenue was CNY 1.9 million compared to CNY 4.28 million a year ago. Net loss was CNY 3.47 million compared to CNY 10.96 million a year ago.

Basic loss per share from continuing operations was CNY 7 compared to CNY 22 a year ago.