UNITED STATE
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
UCLOUDLINK GROUP INC. |
(Name of Issuer) |
Class A ordinary shares, par value US$0.00005 per share |
(Title of Class of Securities) |
90354D104 ** |
(CUSIP Number) |
April 15, 2024 |
(Date of Event which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☒ Rule 13d-1(c)
☐ Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
** There is no CUSIP number assigned to the Class A ordinary shares. CUSIP number 90354D104 has been assigned to the American depositary shares (“ADSs”) of uCloudlink Group Inc. (the “Issuer”), which are quoted on The Nasdaq Global Market under the symbol “UCL.” Each ADS represents ten Class A ordinary shares, par value US$0.00005 per share.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 90354D104
1. |
Names of Reporting Persons
|
2. | Check the Appropriate Box if a Member of a Group |
(a) ☐ (b) ☐ | |
3. | SEC Use Only
|
4. |
Citizenship or Place of Organization
People’s Republic of China |
Number of Shares Beneficially Owned by Each Reporting Person With | 5. |
Sole Voting Power None |
6. |
Shared Voting Power 19,662,570 Class A ordinary shares(1) | |
7. |
Sole Dispositive Power None | |
8. |
Shared Dispositive Power 19,662,570 Class A ordinary shares(1) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
19,662,570 Class A ordinary shares |
10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ |
11. |
Percent of Class Represented by Amount in Row (9)
7.79% (2) |
12. |
Type of Reporting Person
CO |
(1) China International Capital Corporation Limited (“CICC”) may be deemed to have beneficial ownership over 19,662,570 Class A ordinary shares held of record in the form of 1,966,257 ADSs by CICC Financial Trading Limited (“CICC FT”). CICC FT is wholly owned by CICC Financial Holdings Limited, which is wholly owned by China International Capital Corporation (International) Limited (“CICC International”). CICC International is, in turn, wholly owned by CICC.
(2) Calculations are based on 252,412,720 Class A ordinary shares of the Issuer outstanding (excluding the 1,009,740 Class A ordinary shares issued to the depositary bank for bulk issuance of ADSs reserved for future issuances upon the exercise or vesting of awards granted under the share incentive plans), as reported in the Issuer’s Form 20-F filed with the U.S. Securities and Exchange Commission on March 28, 2024.
CUSIP No. 90354D104
1. |
Names of Reporting Persons
|
2. | Check the Appropriate Box if a Member of a Group |
(a) ☐ (b) ☐ | |
3. | SEC Use Only
|
4. |
Citizenship or Place of Organization
Hong Kong |
Number of Shares Beneficially Owned by Each Reporting Person With | 5. |
Sole Voting Power None |
6. |
Shared Voting Power 19,662,570 Class A ordinary shares(1) | |
7. |
Sole Dispositive Power None | |
8. |
Shared Dispositive Power 19,662,570 Class A ordinary shares(1) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
19,662,570 Class A ordinary shares |
10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ |
11. |
Percent of Class Represented by Amount in Row (9)
7.79% (2) |
12. |
Type of Reporting Person
CO |
(1) China International Capital Corporation (International) Limited (“CICC International”) may be deemed to have beneficial ownership over 19,662,570 Class A ordinary shares held of record in the form of 1,966,257 ADSs by CICC Financial Trading Limited (“CICC FT”). CICC FT is wholly owned by CICC Financial Holdings Limited, which is wholly owned by CICC International.
(2) Calculations are based on 252,412,720 Class A ordinary shares of the Issuer outstanding (excluding the 1,009,740 Class A ordinary shares issued to the depositary bank for bulk issuance of ADSs reserved for future issuances upon the exercise or vesting of awards granted under the share incentive plans), as reported in the Issuer’s Form 20-F filed with the U.S. Securities and Exchange Commission on March 28, 2024.
CUSIP No. 90354D104
1. |
Names of Reporting Persons
|
2. | Check the Appropriate Box if a Member of a Group |
(a) ☐ (b) ☐ | |
3. | SEC Use Only
|
4. |
Citizenship or Place of Organization
British Virgin Islands |
Number of Shares Beneficially Owned by Each Reporting Person With | 5. |
Sole Voting Power None |
6. |
Shared Voting Power 19,662,570 Class A ordinary shares(1) | |
7. |
Sole Dispositive Power None | |
8. |
Shared Dispositive Power 19,662,570 Class A ordinary shares(1) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
19,662,570 Class A ordinary shares |
10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ |
11. |
Percent of Class Represented by Amount in Row (9)
7.79% (2) |
12. |
Type of Reporting Person
CO |
(1) CICC Financial Holdings Limited may be deemed to have beneficial ownership over 19,662,570 Class A ordinary shares held of record in the form of 1,966,257 ADSs by CICC Financial Trading Limited, which is wholly owned by CICC Financial Holdings Limited.
(2) Calculations are based on 252,412,720 Class A ordinary shares of the Issuer outstanding (excluding the 1,009,740 Class A ordinary shares issued to the depositary bank for bulk issuance of ADSs reserved for future issuances upon the exercise or vesting of awards granted under the share incentive plans), as reported in the Issuer’s Form 20-F filed with the U.S. Securities and Exchange Commission on March 28, 2024.
CUSIP No. 90354D104
1. |
Names of Reporting Persons
|
2. | Check the Appropriate Box if a Member of a Group |
(a) ☐ (b) ☐ | |
3. | SEC Use Only |
4. |
Citizenship or Place of Organization
Hong Kong |
Number of Shares Beneficially Owned by Each Reporting Person With | 5. |
Sole Voting Power None |
6. |
Shared Voting Power 19,662,570 Class A ordinary shares(1) | |
7. |
Sole Dispositive Power None | |
8. |
Shared Dispositive Power 19,662,570 Class A ordinary shares(1) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
19,662,570 Class A ordinary shares |
10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ |
11. |
Percent of Class Represented by Amount in Row (9)
7.79% (2) |
12. |
Type of Reporting Person
CO |
(1) Represents 19,662,570 Class A ordinary shares held of record in the form of 1,966,257 ADSs by CICC Financial Trading Limited.
(2) Calculations are based on 252,412,720 Class A ordinary shares of the Issuer outstanding (excluding the 1,009,740 Class A ordinary shares issued to the depositary bank for bulk issuance of ADSs reserved for future issuances upon the exercise or vesting of awards granted under the share incentive plans), as reported in the Issuer’s Form 20-F filed with the U.S. Securities and Exchange Commission on March 28, 2024.
Item 1(a). | Name of Issuer: |
uCloudlink Group Inc.
Item 1(b). | Address of Issuer’s Principal Executive Offices: |
Unit 2214-Rm1, 22/F, Mira Place Tower A, 132 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong
Item 2(a). | Name of Person Filing: |
This Schedule 13G is being jointly filed by the following reporting persons (each a “Reporting Person” and collectively, the “Reporting Persons”):
(1) | China International Capital Corporation Limited |
(2) | China International Capital Corporation (International) Limited |
(3) | CICC Financial Holdings Limited |
(4) | CICC Financial Trading Limited |
Item 2(b). | Address of Principal Business Office or, if none, Residence: |
The principal business address of China International Capital Corporation Limited is 9th Floor China World Tower 2, No.1 Jian Guo Men Wai Avenue, Beijing 100004, People’s Republic of China.
The principal business address of each of China International Capital Corporation (International) Limited, CICC Financial Holdings Limited and CICC Financial Trading Limited is 29/F, One International Finance Centre, 1. Harbour View Street, Central, Hong Kong.
Item 2(c). | Citizenship: |
(1) | China International Capital Corporation Limited – People’s Republic of China |
(2) | China International Capital Corporation (International) Limited – Hong Kong |
(3) | CICC Financial Holdings Limited – British Virgin Islands |
(4) | CICC Financial Trading Limited – Hong Kong |
Item 2(d). | Title of Class of Securities: |
Class A ordinary shares, par value US$0.00005 per share.
Item 2(e). | CUSIP Number: |
CUSIP number 90354D104 has been assigned to the ADSs of the Issuer, each ADS representing ten Class A ordinary shares, par value US$0.00005 per share.
Item 3. | If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c): |
Not applicable.
Item 4. | Ownership. |
China International Capital Corporation Limited indirectly wholly owns CICC Financial Holdings Limited (“CICC Financial”) through China International Capital Corporation (International) Limited. CICC Financial wholly owns CICC Financial Trading Limited, which is a wholly-owned subsidiary of CICC Financial.
(a) The information required by Item 4(a) is set forth in Row 9 of the cover page for each Reporting Person and is incorporated herein by reference.
(b) The information required by Item 4(b) is set forth in Row 11 of the cover page for each Reporting Person and is incorporated herein by reference.
(c) The information required by Item 4(c) is set forth in Rows 5-8 of the cover page for each Reporting Person and is incorporated herein by reference.
Item 5. | Ownership of Five Percent or Less of a Class. |
Not applicable.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. |
Not applicable.
Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
Item 9. | Notice of Dissolution of Group. |
Not applicable.
Item 10. | Certifications. |
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: April 25, 2024
China International Capital Corporation Limited | ||
By: |
/seal/ CHINA INTERNATIONAL CAPITAL CORPORATION LIMITED
/s/ Hong Bo | |
Name: Hong Bo Title: Authorized Signatory | ||
China International Capital Corporation (International) Limited | ||
By: |
/s/ Wong Wing Fai Joseph | |
Name: Wong Wing Fai Joseph Title: Authorized Signatory | ||
CICC Financial Holdings Limited | ||
By: |
/s/ Wong Wing Fai Joseph | |
Name: Wong Wing Fai Joseph Title: Authorized Signatory | ||
CICC Financial Trading Limited | ||
By: |
/s/ Wong Wing Fai Joseph | |
Name: Wong Wing Fai Joseph Title: Authorized Signatory |
Exhibit Index
Exhibit 99.1
Joint Filing Agreement
The undersigned hereby agree that they are filing jointly pursuant to Rule 13-d-1(k)(1) of the Securities Exchange Act of 1934, as amended, with respect to Class A ordinary shares of uCloudlink Group Inc., and that all subsequent amendments to this statement on Schedule 13G may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements.
The undersigned further agree and acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained herein, but shall not be responsible for completeness and accuracy of the information concerning the others, except to the extent that it knows or has reason to believe that such information is inaccurate.
This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.
Dated: April 25, 2024
China International Capital Corporation Limited | ||
By: |
/seal/ CHINA INTERNATIONAL CAPITAL CORPORATION LIMITED /s/ Hong Bo | |
Name: Hong Bo Title: Authorized Signatory | ||
China International Capital Corporation (International) Limited | ||
By: |
/s/ Wong Wing Fai Joseph | |
Name: Wong Wing Fai Joseph Title: Authorized Signatory | ||
CICC Financial Holdings Limited
| ||
By: |
/s/ Wong Wing Fai Joseph | |
Name: Wong Wing Fai Joseph Title: Authorized Signatory | ||
CICC Financial Trading Limited
| ||
By: |
/s/ Bin Tan | |
Name: Bin Tan Title: Authorized Signatory | ||
By: | /s/ Lau Tsz Wing | |
Name: Lau Tsz Wing Title: Authorized Signatory |