December 22, 2022
Via Edgar
Mr. Charles Eastman
Division of Corporation Finance
Office of Manufacturing
U.S. Securities and Exchange Commission
Re: | U Power Limited |
Amended Draft Registration Statement on Form F-1
Submitted November 16, 2022
CIK No. 0001939780
Dear Mr. Eastman:
This letter is in response to the letter dated November 30, 2022, from the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) addressed to U Power Limited (the “Company”, “we”, or “our”). For ease of reference, we have recited the Commission’s comment in this response. A registration statement on Form F-1 (the “DRS”) is being filed to accompany this letter.
Amended Draft Registration Statement on Form F-1 Submitted November 16, 2022
Cover Page
1. | We note your response to comment 4 and reissue in part. Please revise to state that your structure involves unique risks to investors. |
Response: We acknowledge Staff’s comment and revised the cover page to disclose that this structure involves unique risks to investors and provide a cross-reference to our detailed discussion of risks facing the Company and the offering as a result of this structure.
We appreciate the assistance the Staff has provided with its comments. If you have any questions, please do not hesitate to call our counsel, Ying Li, Esq., of Hunter Taubman Fischer & Li LLC, at (212) 530-2206.
Very truly yours, | ||
/s/ Jia Li | ||
Name: | Jia Li | |
Title: | Chief Executive Officer |
Cc: Ying Li, Esq.
Hunter Taubman Fischer & Li LLC