Bank of America (UCAR) reports 0% beneficial stake in U Power Class A shares

Rhea-AI Filing Summary

BANK OF AMERICA CORP /DE/ filed an amended ownership report regarding U Power Ltd Class A Ordinary Shares. The filer reports 0.00 shares beneficially owned, representing 0.0% of the class, with no sole or shared voting or dispositive power over any shares. The filing states that beneficial ownership percentages are based on 25,705,848 shares outstanding as of May 28, 2026, as disclosed by U Power Ltd, and confirms that the reporting person now has ownership of 5 percent or less of this class of securities.

Key Figures

Beneficially owned shares: 0.00 shares Percent of class owned: 0.0% Shares outstanding baseline: 25,705,848 shares +4 more

7 metrics

Beneficially owned shares 0.00 shares Amount beneficially owned by BANK OF AMERICA CORP /DE/ in U Power Ltd Class A Ordinary Shares

Percent of class owned 0.0% Reported percentage of U Power Ltd Class A Ordinary Shares owned by BANK OF AMERICA CORP /DE/

Shares outstanding baseline 25,705,848 shares U Power Ltd Class A Ordinary Shares outstanding as of May 28, 2026, used for ownership calculation

Sole voting power 0.00 shares Shares over which BANK OF AMERICA CORP /DE/ has sole power to vote

Shared voting power 0.00 shares Shares over which BANK OF AMERICA CORP /DE/ has shared power to vote

Sole dispositive power 0.00 shares Shares over which BANK OF AMERICA CORP /DE/ has sole power to dispose

Shared dispositive power 0.00 shares Shares over which BANK OF AMERICA CORP /DE/ has shared power to dispose

Key Terms

beneficial ownership, Sole Dispositive Power, Shared Voting Power, percent of class, +1 more

5 terms

beneficial ownership financial

"The beneficial ownership calculation relies on the 25,705,848 outstanding shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Sole Dispositive Power financial

"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Shared Voting Power financial

"5 | Sole Voting Power 0.00 6 | Shared Voting Power 0.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

percent of class financial

"Item 4. | Ownership (a) | Amount beneficially owned: 0.00 (b) | Percent of class: 0.0%"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

CINS financial

"CUSIP International Numbering System (CINS)."

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Available on EDGAR 08/03/2026 - 03:53 PM Accepted by SEC EDGAR 08/03/2026 - 03:53 PM Learn about SEC filing dates

FAQ

What does the Schedule 13G/A filing say about BANK OF AMERICA CORP /DE/ ownership in UCAR?

The filing reports that BANK OF AMERICA CORP /DE/ beneficially owns 0.00 Class A Ordinary Shares of U Power Ltd, representing 0.0% of the class, with no voting or dispositive power over any shares.

What percentage of U Power Ltd (UCAR) does BANK OF AMERICA CORP /DE/ currently own?

BANK OF AMERICA CORP /DE/ reports beneficial ownership of 0.0% of U Power Ltd’s Class A Ordinary Shares and confirms that it now owns 5 percent or less of this class of securities.

How many UCAR shares outstanding were used to calculate BANK OF AMERICA CORP /DE/ ownership?

The ownership calculation is based on 25,705,848 Class A Ordinary Shares outstanding, as disclosed by U Power Ltd in a Form F-3 dated May 28, 2026, which provides the share total used for the percentage figure.

Does BANK OF AMERICA CORP /DE/ have voting power over any UCAR shares?

No. BANK OF AMERICA CORP /DE/ reports 0.00 shares with sole voting power and 0.00 shares with shared voting power, indicating no current voting authority over U Power Ltd Class A Ordinary Shares.

Does BANK OF AMERICA CORP /DE/ have dispositive power over any U Power Ltd (UCAR) shares?

No. The filing shows 0.00 shares with sole dispositive power and 0.00 shares with shared dispositive power, meaning BANK OF AMERICA CORP /DE/ reports no authority to dispose of UCAR Class A Ordinary Shares.

What is the class of securities covered in this UCAR Schedule 13G/A amendment?

The report relates to U Power Ltd’s Class A Ordinary Shares, identified by CUSIP G9520U124. BANK OF AMERICA CORP /DE/ reports no beneficial ownership or voting or dispositive power over this specific class.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

U Power Ltd

(Name of Issuer)

Class A Ordinary Shares

(Title of Class of Securities)

G9520U124

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G9520U124

1

Names of Reporting Persons

BANK OF AMERICA CORP /DE/

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: 1. The security CUSIP corresponds to U Power Limited's Class A common stock CUSIP International Numbering System (CINS). 2. The beneficial ownership calculation relies on the 25,705,848 outstanding shares disclosed in the Form F-3 by the issuer on May 28, 2026, which reports share totals as of May 28, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: U Power Ltd
(b)	Address of issuer's principal executive offices: 2F, ZUOAN 88 A, LUJIAZUI, 2F, ZUOAN 88 A, LUJIAZUI, SHANGHAI, CHINA, 0086-21-68.
Item 2.
(a)	Name of person filing: BANK OF AMERICA CORP /DE/
(b)	Address or principal business office or, if none, residence: 100 N TRYON ST CHARLOTTE, NC 28255
(c)	Citizenship: Delaware
(d)	Title of class of securities: Class A Ordinary Shares
(e)	CUSIP No.: G9520U124
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0.00
(b)	Percent of class: 0.0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 0.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BANK OF AMERICA CORP /DE/

Signature:	/s/ Monica Yako
Name/Title:	Authorized Signatory
Date:	08/03/2026