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UCLOUDLINK GROUP INC. Files 2021 Annual Report on Form 20-F

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uCloudlink Group Inc. (NASDAQ: UCL) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the SEC on April 27, 2022. The report is accessible on the company's investor relations website. The Company offers innovative mobile data solutions through its cloud SIM technology, enhancing connectivity for users and businesses. Shareholders can request a hard copy of the report, which includes audited financial statements, free of charge.

Positive
  • uCloudlink continues to lead in the mobile data traffic sharing marketplace.
  • The company provides innovative solutions through its cloud SIM technology.
Negative
  • None.

HONG KONG, April 27, 2022 (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 has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission (the “SEC”) on April 27, 2022.

The annual report can be accessed on uCloudlink’s investor relations website at https://ir.ucloudlink.com. The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and American Depositary Share holders upon request. Requests should be directed to the Company’s Investor Relations Department at ir@ucloudlink.com.

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 visit: https://ir.ucloudlink.com/.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. uCloudlink may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about uCloudlink’s beliefs and expectations, are forward-looking statements. Forward looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: uCloudlink’s strategies; uCloudlink’s future business development, financial condition and results of operations; uCloudlink’s ability to increase its user base and usage of its mobile data connectivity services, and improve operational efficiency; competition in the global mobile data connectivity service industry; changes in uCloudlink’s revenues, costs or expenditures; governmental policies and regulations relating to the global mobile data connectivity service industry, general economic and business conditions globally and in China; the impact of the COVID-19 pandemic to uCloudlink’s business operations and the economy in China and elsewhere generally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and uCloudlink undertakes no duty to update such information, except as required under applicable law.

For more information, please contact:

uCloudlink Group Inc.
Jillian Zeng
Tel: +852-2180-6111
E-mail: ir@ucloudlink.com  
 
Investor Relations:
The Equity Group Inc.
Alice Zhang, Investor Relations Analyst
Tel: (212) 836-9610
E-mail: azhang@equityny.com
 
In China:
Lucy Ma, Associate
Tel: +86 10 5661 7012
E-mail: lma@equityny.com

FAQ

When did uCloudlink file its Form 20-F?

uCloudlink filed its Form 20-F on April 27, 2022.

What fiscal year does uCloudlink's Form 20-F cover?

The Form 20-F covers the fiscal year ended December 31, 2021.

Where can I access uCloudlink's annual report?

The annual report can be accessed on uCloudlink's investor relations website.

What is the significance of uCloudlink's cloud SIM technology?

It enables enhanced connectivity and innovative mobile data sharing.

uCloudlink Group Inc. American Depositary Shares

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