Certain Ordinary Shares of U Power Limited are subject to a Lock-Up Agreement Ending on 19-OCT-2023. These Ordinary Shares will be under lockup for 181 days starting from 21-APR-2023 to 19-OCT-2023.

Details:
The company?s directors and executive officers and existing shareholders holding 10% or more of the Company?s ordinary shares have agreed with the underwriter, subject to certain exceptions, not to sell, transfer or otherwise dispose of any ordinary shares or similar securities or any securities convertible into or exchangeable or exercisable for Company?s ordinary shares, for a period of 180 days after the date of the prospectus.