{"url_path":"/sec/epow/10-k/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1780731/0001213900-26-056928-index.html","accession_number":"0001213900-26-056928","cik":"0001780731","ticker":"EPOW","issuer_name":"E-Power Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1780731/0001213900-26-056928-index.html","primary_entity_key":"0001780731","primary_entity_name":"E-Power Inc."},"word_count":760,"has_tables":true,"body_markdown":"**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**WASHINGTON, D.C. 20549**\n\n \n\n**FORM 20-F**\n\n \n\n☐ **REGISTRATION STATEMENT PURSUANT\nTO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**OR**\n\n \n\n☒ **ANNUAL REPORT PURSUANT TO SECTION\n13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For the fiscal year ended December 31, 2025**\n\n \n\n**OR**\n\n** **\n\n☐ **TRANSITION REPORT PURSUANT TO SECTION\n13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**OR**\n\n \n\n☐ **SHELL COMPANY REPORT PURSUANT TO SECTION\n13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nDate of event requiring this shell company report:\n\n \n\n**For the transition period from _________ to\n_____________.**\n\n \n\nCommission file number: 001-40008\n\n \n\n  **E-Power Inc.**  \n\n  (Exact name of Registrant as Specified in its Charter)  \n\n \n\n  **Cayman Islands**  \n\n  (Jurisdiction of Incorporation or Organization)  \n\n \n\n \n**Room 703, West Zone, R&D Building**\n\n**Zibo Science and Technology Industrial Entrepreneurship Park, No. 69 Sanying Road**\n\n**Zhangdian District, Zibo City, Shandong Province**\n\n**People’s Republic of China**\n\n**+861082967728**\n \n\n  (Address of Principal Executive Offices)  \n\n \n\n \n**Haiping Hu, Chief Executive Officer**\n\n**Room 703, West Zone, R&D Building**\n\n**Zibo Science and Technology Industrial Entrepreneurship Park, No. 69 Sanying Road**\n\n**Zhangdian District, Zibo City, Shandong Province**\n\n**People’s Republic of China**\n\n**+861082967728**\n \n\n  (Name, Telephone, E-mail and/or Facsimile Number and Address of Company Contact Person)  \n\n \n\nSecurities registered or to be registered pursuant\nto Section 12(b) of the Act:\n\n \n\nTitle of each class   Trading Symbol(s)   Name of each exchange on which registered\n\nClass A ordinary share   EPOW   The Nasdaq Stock Market LLC\n\n \n\nSecurities registered or to be registered pursuant\nto Section 12(g) of the Act:\n\n \n\n**None**\n\n(Title of Class)\n\n \n\nSecurities for which there is a reporting obligation\npursuant to Section 15(d) of the Act:\n\n \n\n**None**\n\n(Title of Class)\n\n \n\n \n\n  \n\nIndicate the number of outstanding shares of each of the issuer’s\nclasses of capital stock as of the close of the period covered by the annual report.\n\n \n\nAn aggregate of 32,161,978 Class A ordinary shares\nand 6,567,272 Class B ordinary shares, par value $0.0001 per share, were outstanding as of December 31, 2025.\n\n \n\nIndicate by check mark if the registrant is a\nwell-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐  No ☒\n\n \n\nIf this report is an annual or transition report,\nindicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act\nof 1934. Yes ☐  No ☒\n\n \n\nIndicate by check mark whether the registrant\n(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months\n(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements\nfor the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant\nhas submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405\nof this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).\nYes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant\nis a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “large accelerated filer, ‘accelerated\nfiler” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):\n\n \n\nLarge accelerated filer ☐  Accelerated filer ☐ \n\nNon-accelerated filer ☒  Emerging growth company ☒ \n\n \n\nIf an emerging growth company that prepares its\nfinancial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition\nperiod for complying with any new or revised financial accounting standards† provided pursuant to Section 13(a) of the Exchange\nAct. ☐\n\n \n\nIf securities are registered pursuant to Section\n12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction\nof an error to previously issued financial statements. ☐\n\n \n\nIndicate by check mark whether any of those error\ncorrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s\nexecutive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐\n\n \n\nIndicate by check mark which basis of accounting\nthe registrant has used to prepare the financial statements included in this filing:\n\n \n\n☒  U.S. GAAP ☐ International Financial Reporting Standards as issued by the International Accounting Standards Board ☐ Other\n\n \n\nIf “Other” has been checked in response\nto the previous question, indicate by check mark which financial statement item the registrant has elected to follow: Item 17 ☐"}