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2024Q2: U Power Limited sees 595.7% revenue increase to RMB13.2m ($1.8m) from battery-swapping station orders, while operating expenses rise 26.
U Power Limited, a Chinese vehicle sourcing and EV battery solutions provider, reported a 595.7% revenue increase to RMB13.2 million (US$1.8 million) in the first half of 2024, driven by higher orders for battery-swapping stations.
Despite a net loss widening to RMB26.5 million, the company emphasized responsible financial management and strategic investments.
Total operating expenses rose 26.8% to RMB27.7 million, while gross profit slightly decreased to RMB1.3 million.
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2024Q2: U Power Limited ve un aumento de ingresos del 595,7% a RMB13,2m ($1,8m) de pedidos de estaciones de intercambio de baterías, mientras que los gastos de funcionamiento aumentan 26.