SCHEDULE: Bank of America Reports 0% Stake in U Power Ltd

Sentiment:

Ownership Filing


Bank of America Corp /DE/ has filed a Schedule 13G, reporting zero shares beneficially owned in U Power Ltd.

Summary

  • Bank of America Corp /DE/ has filed an amended Schedule 13G for U Power Ltd.
  • The filing indicates that Bank of America Corp /DE/ beneficially owns 0.00 shares of U Power Ltd's Class A Ordinary Shares.
  • This represents 0.0% of the class of securities.
  • The filing is made as of June 30, 2026, with the certification date being August 3, 2026.

Sentiment

Score: 2

Explanation: StockSavvy.ai views this filing as negative due to the complete absence of beneficial ownership, indicating a lack of significant investment or interest from Bank of America Corp.

Negatives

  • Bank of America Corp /DE/ holds no shares, indicating no investment or significant interest in U Power Ltd.
  • The filing shows zero sole and shared voting power, and zero sole and shared dispositive power for Bank of America Corp /DE/.

Future Outlook

No forward-looking statements or guidance are present in this filing.

Management Comments

  • "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."
  • "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."

Industry Context

StockSavvy.ai notes that a Schedule 13G filing typically indicates a passive investment stake of 5% or more. The complete absence of ownership reported by Bank of America Corp /DE/ is unusual and suggests no significant investment in U Power Ltd.

Stakeholder Impact

  • Shareholders: The lack of significant institutional ownership from a major entity like Bank of America Corp may signal limited external confidence or investment interest in U Power Ltd.

Key Dates

DateDescription
05/28/2026Date of disclosure of outstanding shares by issuer in Form F-3.
06/30/2026Date of event which requires filing of this statement.
08/03/2026Certification date of the filing.

Keywords

U Power Ltd, Schedule 13G, Bank of America, Ordinary Shares, Beneficial Ownership

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