UCLOUDLINK GROUP INC. Announces Plan to Establish New Operational Structure for Its Pet-Tech Business

Rhea-AI Summary

UCLOUDLINK (NASDAQ: UCL) announced on October 17, 2025 that its board approved a plan to operate its pet-tech business under a new operational structure.

The plan creates a Cayman Islands-based holding company (the New Company) with local operating subsidiaries to build a global foundation for an AI-powered smart wearable ecosystem for pets and an online interactive platform connecting pets, owners, fans and communities in real time.

The platform will integrate voice, video, music and pet health-related digital services. Because development is capital intensive, the New Company plans to raise additional capital and bring in investors to accelerate global expansion.

The company emphasized this structure is intended to attract partners and accelerate user-base growth while creating long-term value for shareholders.

News Market Reaction

-1.36%

2 alerts

-1.36% News Effect

+4.3% Peak Tracked

-$1M Valuation Impact

$83M Market Cap

0.4x Rel. Volume

On the day this news was published, UCL declined 1.36%, reflecting a mild negative market reaction. Argus tracked a peak move of +4.3% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $83M at that time.

Data tracked by StockTitan Argus on the day of publication.

HONG KONG, Oct. 17, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. (NASDAQ: UCL) (“UCLOUDLINK” or the “Company”), the world’s first and leading mobile data traffic sharing marketplace, today announced that its board of directors has approved a plan to operate its pet-tech business under a new operational structure. The initiative will incorporate a new Cayman Islands-based holding company (the “New Company”) within UCLOUDLINK, which will be supported by local operating subsidiaries of the New Company, to create a global foundation for the pet-tech business.

The New Company and its subsidiaries will focus on building an AI-powered smart wearable ecosystem for pets and develop an online interactive platform that connects among pets, pets’ owners, pets’ fans and communities in real time across the globe. This platform will integrate voice, video, music, and pet health-related digital services, etc. In addition, given the capital-intensive nature of developing a new global pet online platform, the New Company plans to raise additional capital and bring in additional investors to accelerate its global expansion and drive the growth of its user base.

Mr. Chaohui Chen, Director and CEO of UCLOUDLINK, stated, “The establishment of this dedicated operational structure for developing the new global pet online platform represents a key step towards a digitally integrated future for pets and pet lovers. This initiative will enable us to bring together like-minded partners and resources to bridge the digital divide between people and their pets, ushering in a new era of pet-care with real-time interconnectedness. We are confident that this initiative will unlock the full potential of the pet-tech business, creating lasting value for its shareholders.”

About UCLOUDLINK GROUP INC.

UCLOUDLINK is the world’s first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company’s products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative cloud SIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.

For more information, please contact:

UCLOUDLINK GROUP INC.
Daniel Gao
Tel: +852-2180-6111
E-mail: ir@ucloudlink.com

Investor Relations:
Christensen Advisory
Christian Arnell, Managing Director
Tel: +852-2117-0861
E-mail: ucloudlink@christensencomms.com

FAQ

What did UCLOUDLINK (UCL) announce on October 17, 2025 about its pet-tech business?

UCL said its board approved creating a Cayman Islands-based holding company and local subsidiaries to operate a global pet-tech business focused on AI wearables and an online interactive platform.

What will the new UCLOUDLINK pet-tech platform include and offer?

The platform will offer an AI-powered smart wearable ecosystem and an online interactive service integrating voice, video, music and pet health-related digital services.

Will UCLOUDLINK (UCL) seek funding for the new pet-tech unit?

Yes. The New Company plans to raise additional capital and bring in investors to accelerate global expansion and user growth.

Where will UCLOUDLINK’s new pet-tech holding company be established?

The holding company will be incorporated in the Cayman Islands, supported by local operating subsidiaries.

How does UCLOUDLINK say the new structure will affect shareholders?

The company said the dedicated structure is intended to unlock the pet-tech business potential and create lasting value for shareholders.

Who commented on UCLOUDLINK’s pet-tech restructuring and what did they say?

CEO Chaohui Chen stated the new operational structure is a key step toward a digitally integrated future for pets and will enable partnering and resource alignment to grow the business.