These versions use the old u-boot, which can't work with the settings uEnv.txt.
This is a set of files to replace the core+DTB in the image. Because of the old u-boot, have to use the binary bundle kernel+DTB+initrd, processed by a special utility. And to replace the DTB, you have to rewrite the entire block. To do this, use the command
dd if=boot-z-XXXX of=/dev/SD_CARD seek=24576
Have you looked at the router to see if there are new devices on the network or not ? If HDMI does not work, you will be able to connect via SSH if you start successfully.
HDMI behavior may be affected by the startup process. I completely erase NAND on UT2 with a utility from PC and when starting from SD card only u-boot and parametr from SD card are used. I have HDMI running (only console, no DE) with all boot-z options, but the LAN only works with the core for UT2.
Old Radxa Rock images work the same way without problems with HDMI to UT2. So I think UT2 uses the same 66121 chip as Rock.
Log start focal to Ugoos UT2 kernel 5.6
http://ix.io/2qCM