UCLOUDLINK GROUP INC. to Establish New Operational Structure for Pet-Tech Business
HONG KONG, Oct. 17, 2025 — UCLOUDLINK GROUP INC. (NASDAQ: UCL) (“UCLOUDLINK” or the “Company”), recognized as the world’s inaugural and leading marketplace for sharing mobile data traffic, today disclosed that its board of directors has endorsed a strategy to manage its pet-tech operations under a refreshed organizational framework. This initiative will see the integration of a new Cayman Islands-based holding company (referred to as the “New Company”) within UCLOUDLINK, which will be supported by its local operational subsidiaries, aiming to forge a global foundation for its pet-tech venture.
The New Company and its affiliated subsidiaries are set to concentrate on developing an AI-powered smart wearable ecosystem for pets, alongside an online interactive platform designed to connect pets, their owners, pet enthusiasts, and relevant communities globally in real-time. This platform will incorporate various digital services such as voice, video, music, and pet health-related features. Furthermore, acknowledging the significant capital requirements involved in establishing a new worldwide online platform for pets, the New Company intends to secure additional funding and attract new investors to accelerate its international expansion and boost its user base growth.
Mr. Chaohui Chen, UCLOUDLINK’s Director and CEO, commented, “The creation of this dedicated operational structure for advancing the new global pet online platform signifies a pivotal stride towards a digitally integrated future for pets and those who love them. This undertaking will enable us to unite like-minded partners and essential resources to bridge the digital divide between individuals and their animal companions, thereby inaugurating a new chapter in pet care defined by real-time interconnectedness. We are confident that this initiative will unlock the full potential of the pet-tech business, generating enduring value for its shareholders.”
About UCLOUDLINK GROUP INC.
UCLOUDLINK is distinguished as the world’s pioneering and foremost mobile data traffic sharing marketplace, having introduced the sharing economy business model to the telecommunications industry. The Company’s offerings and services provide distinct advantages to mobile data consumers, manufacturers of handheld devices and smart hardware, as well as mobile virtual network operators (MVNOs) and mobile network operators (MNOs). By leveraging its innovative cloud SIM technology and architectural design, the Company has reimagined the mobile data connectivity experience, allowing users to access mobile data allowances pooled by network operators on its marketplace, all while ensuring reliable connections, high speeds, and competitive pricing.
For additional information, please contact:
UCLOUDLINK GROUP INC.
Daniel Gao
Telephone: +852-2180-6111
Email: ir@ucloudlink.com
Investor Relations:
Christensen Advisory
Christian Arnell, Managing Director
Telephone: +852-2117-0861
Email: ucloudlink@christensencomms.com
