HONG KONG, March 07, 2025 — UCLOUDLINK GROUP INC. (NASDAQ: UCL), a leading mobile data traffic sharing marketplace, announced it is among the first 13 foreign-invested firms approved by China’s Ministry of Industry and Information Technology (MIIT) for a pilot program involving value-added telecommunications services. This allows UCLOUDLINK to offer internet access and information services within China.

The pilot program’s participants include subsidiaries of prominent multinational corporations like Deutsche Telekom, Siemens, Airbus, and HSBC. The approved companies are expected to diversify telecom offerings for Chinese consumers, invigorate the market, improve service quality, and better serve the evolving digital needs of the Chinese population.

UCLOUDLINK’s Director and CEO, Chaohui Chen, stated that the MIIT’s approval reflects confidence in their technology and business model to meet the public’s growing digital demands, aligning with their slogan “Better Connection Empowers Better Life.” Chen added that the approval presents significant opportunities to expand business lines and enhance their product portfolio, as they actively explore new models, develop value-added telecom services, and contribute to the industry’s development.

As of February 2025, there were over 2,400 foreign-invested telecommunications enterprises operating in China.

About UCLOUDLINK GROUP INC.

UCLOUDLINK operates a mobile data traffic sharing marketplace, pioneering the sharing economy model in telecommunications. Their offerings provide value to mobile data users, device manufacturers, MVNOs, and MNOs. Utilizing cloud SIM technology, they aim to improve the mobile data connectivity experience by providing users access to shared mobile data traffic from network operators, offering reliable connectivity, high speeds, and competitive pricing.

For more information, please contact:

UCLOUDLINK GROUP INC.

Daniel Gao

Tel: +852-2180-6111

E-mail: 

Investor Relations:

Christensen Advisory

Christian Arnell, Managing Director

Tel: +852-2117-0861

E-mail: 

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