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Stock impact report

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

uCloudlink Group Inc. - American Depositary Shares (UCL) 
Company Research Source: GlobeNewswire
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 p Show less Read more
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