Jiangsu Guofu Hydrogen Energy to buy 8.5% stake in U Power for US$3.6 million

PUBT·04/27/2026 14:52:36

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Jiangsu Guofu Hydrogen Energy Equipment agreed to invest about USD 3.6 million to subscribe for 2,195,122 class A ordinary shares in U Power at USD 1.64 per share.
Guofu Hydrogen Energy HK will hold about 8.5% of U Power issued share capital on completion.
Deal signed April 27, 2026, positioning it as a strategic investment tied to planned Southeast Asia expansion in data center power supply solutions.
Funding will come from internal resources, with half of subscribed shares subject to a six-month lock-up.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangsu Guofu Hydrogen Energy Equipment Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260427-12126714), on April 27, 2026, and is solely responsible for the information contained therein.

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