UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF ...

Exhibit 99.1 UCOMMUNE INTERNATIONAL LTD Index to the unaudited condensed consolidated financial statements | Contents | Pages | | --- | --- | | Condensed Consolidated Balance Sheets as of December 31, 2023 and June 30, 2024 (Unaudited) | F-2 – F-4 | | Unaudited Condensed Consolidated Statements of Operations for the six months ended June 30, 2023 and 2024 | F-5 – F-6 | | Unaudited Condensed Consolidated Statements of Comprehensive Loss for the six months ended June 30, 2023 and 2024 | F-7 | | Unaudited Cond ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF ...

Exhibit 99.1 Holders of Class B ordinary shares approved such variation of rights of Class B ordinary shares on October 10, 2023 pursuant to the Current M&A. As a result, with immediate effect, each Class A ordinary shares, par value of US$0.024 each, of the Company shall be entitled to one (1) vote on all matters subject to vote at general and special meetings of the Company and each Class B Ordinary Share shall be entitled to fifty-five (55) votes on all matters subject to vote at general and special meet ...

Exhibit 99.1 F-1 UCOMMUNE INTERNATIONAL LTD CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except share and per share data, or otherwise noted) | | As of | As of | | | --- | --- | --- | --- | | | December 31, | June 30, | | | | 2022 | 2023 | | | | RMB | RMB | USD | | | | (Unaudited) | (Note 2d) | | ASSETS | | | | | Current assets: | | | | | Cash and cash equivalents | 53,245 | 58,274 | 8,036 | | Short-term investments | 7,720 | 4,300 | 593 | | Accounts receivable, net of allowance of RMB22,281 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report. . . . . . . . . . . . . . . . . . . ☒ ANNUAL REPORT PURSUANT TO SECTION 13 ...