UCLOUDLINK GROUP INC. Announces Strategic Equity Investment Listing on China's Over-the-counter Market
Huaxianglianxin is a mobile virtual network operator ("MVNO") that has a virtual operator license compliant with guidance and regulations issued by the Ministry of Industry and Information Technology of the People's Republic of China.
- Huaxianglianxin is a mobile virtual network operator ("MVNO") that has a virtual operator license compliant with guidance and regulations issued by the Ministry of Industry and Information Technology of the People's Republic of China.
- UCLOUDLINK holds 6,000,000 shares of Huaxianglianxin and the two companies cooperate in multiple fields, including Internet of Things business.
- "We congratulate Huaxianglianxin on its NEEQ listing, which we believe will add momentum to its business prospects.
- We expect it will also benefit UCLOUDLINK as we plan to continue expanding our local business in mainland China.