VIENNA, May 15, 2025 /PRNewswire/ -- uCloudlink (NASDAQ: UCL), the world's first and leading mobile data traffic-sharing marketplace, made its debut at MVNOs World 2025. On May 14, uCloudlink Brand Ambassador Matthias delivered a keynote speech titled "Innovations for: NEW REVENUE, BEST NETWORK, LOYALTY RETENTION," unveiling groundbreaking solutions designed to empower MVNOs and MNOs. At the event, uCloudlink engaged global partners for collaborations, boosting MVNO/MNO innovation.uCloudlink: Powering Indus ...

Earnings Call Scheduled for 8:30 a.m. U.S. Eastern Time on Wednesday, May 21, 2025HONG KONG, May 14, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025, before U.S. markets open on Wednesday, May 21, 2025. Management will hold a conference call to discuss these results at 8:30 a.m. U.S. ...

Core Viewpoint - UCLOUDLINK GROUP INC. is participating as a sponsor in the LD Micro Invitational XV, highlighting its position in the mobile data traffic sharing marketplace [1][2]. Company Overview - UCLOUDLINK is recognized as the world's first and leading mobile data traffic sharing marketplace, pioneering the sharing economy model within the telecommunications sector [3]. - The company offers unique value propositions to various stakeholders, including mobile data users, handset manufacturers, mobile virtual network operators (MVNOs), and mobile network operators (MNOs) [3]. - Utilizing innovative cloud SIM technology, UCLOUDLINK enhances the mobile data connectivity experience by enabling users to access shared mobile data traffic allowances from network operators, ensuring reliable connectivity, high speeds, and competitive pricing [3]. Conference Participation - Mr. Chaohui Chen, the Director and CEO, along with Mr. Yimeng Shi, the CFO, will represent UCLOUDLINK at the LD Micro Invitational XV, facilitating connections with investors, analysts, and industry professionals [2]. - The conference is invitation-only, and interested parties are encouraged to register in advance on the conference website [2].

Core Viewpoint - UCLOUDLINK GROUP INC. has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC, marking a significant milestone for the company as it continues to lead in the mobile data traffic sharing marketplace [1]. Company Overview - UCLOUDLINK is recognized as the world's first and leading mobile data traffic sharing marketplace, pioneering a sharing economy business model within the telecommunications industry [3]. - The company offers unique value propositions to various stakeholders, including mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs), and mobile network operators (MNOs) [3]. - Utilizing innovative cloud SIM technology, UCLOUDLINK enhances the mobile data connectivity experience by enabling users to access shared mobile data traffic from network operators, ensuring reliable connectivity, high speeds, and competitive pricing [3]. Annual Report Access - The annual report can be accessed on UCLOUDLINK's investor relations website, and hard copies containing audited consolidated financial statements are available free of charge to shareholders upon request [2].

Currency and Economic Risks - The company operates in multiple markets, exposing it to fluctuations in currency exchange rates, which could adversely affect operational and financial results [171]. - A significant portion of the company's operations are conducted in mainland China, where the Renminbi has fluctuated unpredictably against the U.S. dollar, impacting conversion rates [172]. - Limited hedging options are available in mainland China, and the company has not entered into material hedging transactions to mitigate foreign currency exchange risk [173]. - Changes in China's economic, political, or social conditions could materially affect the company's operations and financial results [207]. - The PRC government imposes controls on currency conversion, affecting the company's ability to utilize revenues effectively and impacting investment value [234]. Operational and Management Risks - The company faces risks related to data loss and security breaches, which could lead to significant costs and damage to its reputation [174]. - Quality problems in products and services could result in decreased sales and harm to the company's reputation [177]. - Unauthorized access or manipulation of the company's products or systems could lead to legal claims and operational disruptions [178]. - The company's success depends on its ability to adapt to rapidly changing technologies, which is critical for maintaining competitiveness [181]. - The company relies heavily on its management team, and loss of key personnel could disrupt operations and adversely affect financial results [182]. - Issues with contract manufacturers could materially impact the company's operations, including production capacity and quality control [187]. - The company relies on third-party distributors for marketing and selling its products, and failure to retain key distributors could adversely affect its business [191]. - The company is dependent on a major chip manufacturer for smartphone chips, and any disruption in supply could hinder the development of its GlocalMe Inside service [190]. - The company uses third-party logistics providers for shipping, and any failure or disruption in these services could harm its business [194]. - The company’s results of operations are subject to seasonal fluctuations, particularly in the travel industry, with summers generally generating more revenue [195]. Legal and Regulatory Risks - The company is involved in various legal proceedings, which could have a material adverse effect on its business and financial condition [200]. - The CSRC has not issued definitive rules regarding the applicability of M&A Rules to the company's offerings, leading to uncertainty about regulatory requirements [209]. - The PRC government has significant oversight over the company's operations, which may result in regulatory changes affecting its business [217]. - The company must comply with new provisions regarding confidentiality and archives administration for overseas securities offerings, effective March 31, 2023 [212]. - The Measures for Cybersecurity Review require online platform operators with over one million users to apply for a cybersecurity review before listing abroad [211]. - The company faces potential sanctions from PRC authorities if it fails to obtain necessary approvals for offerings, which could materially affect its operations [211]. - The interpretation and enforcement of PRC laws and regulations remain uncertain, impacting the company's compliance and operational strategies [222]. - The company may face significant disruptions to its business operations if it fails to comply with new regulatory requirements [216]. - M&A Rules in mainland China establish complex procedures for acquisitions by foreign investors, potentially complicating growth through acquisitions [238]. - Regulatory uncertainties in mainland China may lead to frivolous legal actions, affecting the company's ability to enforce contractual rights [225]. Financial and Tax Risks - As of December 31, 2022, the company had $11.7 million in other investments, which decreased to $7.6 million in 2023 and increased to $8.7 million in 2024 [193]. - The company made a $15 million investment in June 2020, with a fair value of $8.7 million as of December 31, 2024 [193]. - The company fully redeemed a $17 million investment in December 2023, receiving $1.3 million [193]. - Dividends from mainland China subsidiaries are subject to a 10% withholding tax, which could increase tax liability and reduce cash available for the company [227]. - The statutory enterprise income tax rate in China is 25%, but Shenzhen Ucloudlink Technology Limited and Shenzhen uCloudlink qualify for a preferential rate of 15% as high and new technology enterprises [237]. - The People's Bank of China restricts offshore RMB loans to 30% of the domestic enterprise's ownership interest in the offshore enterprise, potentially limiting the ability of mainland China subsidiaries to provide loans [226]. - Mainland China regulations require that any loans or capital contributions to subsidiaries must be approved or registered with governmental authorities, which could delay funding and expansion efforts [229]. - The company may face penalties for unregistered leasehold interests, with potential fines up to RMB 10,000 per unregistered property [232]. - The evolving nature of foreign exchange regulations may lead to stricter approval processes affecting financial operations [243]. - Classification as a mainland China resident enterprise could impose a 25% enterprise income tax on global income [246]. Shareholder and Corporate Governance Risks - The trading price of the company's ADSs has been volatile since June 2020, influenced by market factors and the performance of other Chinese companies [259]. - The company regained compliance with Nasdaq's minimum bid price requirement of US$1.00 per ADS on November 22, 2022, after receiving a notification for non-compliance [262]. - As of February 28, 2025, Class B ordinary shares constitute approximately 32.4% of total issued shares but hold 87.8% of voting power, allowing significant influence over corporate matters [266]. - The company does not expect to pay dividends in the foreseeable future, relying on price appreciation of the ADSs for returns on investment [269]. - The concentration of share ownership among directors and principal shareholders may adversely affect the trading price of the ADSs and discourage changes in control [267]. - Holders of ADSs have limited voting rights and cannot directly attend shareholder meetings or vote unless they withdraw their shares [271]. - The depositary may vote on behalf of ADS holders if they do not receive voting instructions, which could limit shareholder influence [273]. - Cash dividends on ADSs are contingent on the company's decision to distribute dividends on Class A ordinary shares, with no current plans for cash dividends [275]. - The deposit agreement allows for amendments without prior consent from ADS holders, which may affect their rights [277]. - Shareholders may face difficulties enforcing judgments against the company due to its incorporation in the Cayman Islands [284]. Miscellaneous Risks - The company has registered 15 branches in mainland China as of February 28, 2025, but some service stores may not have the necessary approvals, risking fines up to RMB100,000 [258]. - The company is subject to evolving labor laws in China, which may lead to disputes or investigations affecting its financial condition [257]. - New Anti-Monopoly Guidelines for Internet Platforms may impact business operations and compliance requirements [251]. - Labor costs in China are expected to increase, which may adversely affect the company's profitability and operational results [255]. - The company has anti-takeover provisions that may limit shareholders' opportunities to sell shares at a premium [291]. - As a foreign private issuer, the company is exempt from certain U.S. securities regulations, including the requirement to file quarterly reports on Form 10-Q [292]. - The company did not hold an annual general meeting in 2024, relying on home country practices that differ from Nasdaq listing standards [294]. - The company may be classified as a passive foreign investment company (PFIC) if 75% or more of its gross income consists of passive income [295]. - Recent fluctuations in the market price of the company's American Depositary Shares (ADSs) have increased the risk of becoming a PFIC [296]. - The company intends to publish quarterly results as press releases and file an annual report on Form 20-F within four months of the fiscal year-end [292].

HONG KONG, March 26, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. ("UCLOUDLINK" or the "Company") (NASDAQ:UCL), the world's first and leading mobile data traffic sharing marketplace, today announced that its GlocalMe eSIM TRIO received the "MWC Innovation Award" from SlashGear after unveiling the solution at the Mobile World Capital (MWC) 2025 in Barcelona. eSIM TRIO impressed SlashGear's team with its innovative and novel approach to redefining travel connectivity. SlashGear's "MWC Innovation Award" hono ...

HONG KONG, March 26, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced that its GlocalMe eSIM TRIO received the “MWC Innovation Award” from SlashGear after unveiling the solution at the Mobile World Capital (MWC) 2025 in Barcelona. eSIM TRIO impressed SlashGear’s team with its innovative and novel approach to redefining travel connectivity. SlashGear’s “MWC Innovation Award” hon ...

New York, NY, March 18, 2025 (GLOBE NEWSWIRE) -- Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released update note on uCloudlink Group Inc. (NASDAQ:UCL). The update note includes information on uCloudlink Group Inc.'s financial results, management commentary, recent developments, outlook, risks, and our revised valuation estimates. The update note is available below. uCloudlink Group Update Note March 2025   Highlights from the note inclu ...

uCloudlink Group Inc. (NASDAQ:UCL) Q4 2024 Earnings Conference Call March 13, 2024 8:00 AM ET Company Participants Daniel Gao - IR Zhiping Peng - Co-Founder and Chairman Chaohui Chen - Co-Founder, Director and CEO Yimeng Shi - CFO Conference Call Participants Theodore O'Neill - Litchfield Hills Research Vivian Zhang - Diamond Equity Research Operator Good day, and welcome to the uCloudlink Group, Inc. Fourth Quarter and Full Year 2024 Earnings Conference Call. All participants will be in a listen-only mode. ...

uCloudlink Group (UCL) Q4 2024 Earnings Call March 27, 2025 10:36 AM ET Company Participants Daniel Gao - Director of Investor RelationChaohui Chen - Founder, CEO & DirectorYimeng Shi - CFO & Compliance OfficerTheodore O'Neill - CEO Conference Call Participants Wei Zhang - Equity Research Analyst Operator Good day, and welcome to the U. Cloud Link Group, Inc. Fourth Quarter and Full Year twenty twenty four Earnings Conference Call. All participants will be in a listen only mode. After today's presentation, ...