Utilizing digital technology to open a new door for apartment
industry
BEIJING, Jan. 3, 2023
/PRNewswire/ -- Ucommune International Ltd (NASDAQ: UK) ("Ucommune"
or the "Company"), a leading agile office space manager and
provider in China, announces that its latest apartment
management platform named "Up to U" has been officially released
today. "Up to U" utilizes digital operation, combining big data,
IOT, cloud computing and other technologies, to greatly improve
business efficiency and tenant experience.
"Up to U" is developed by Beijing Xiyu Information Technology
Co., Ltd., a subsidiary of the Company, aiming to integrate managed
apartments and upgrade traditional rental service to digital
management. Ucommune, as a leading agile office space operator
in China, has expanded its initial
focus on commercial office buildings to include intelligent
industrial parks, and currently has nearly 300 self-operated and
managed agile office spaces, covering more than 70 cities and
serving approximately 1.2 million members. With the official
launch of "Up to U," Ucommune will be able to fully integrate the
whole industrial chain of building economy and seamlessly break
through into upstream and downstream markets.
About Ucommune International Ltd
Ucommune is China's leading agile office space manager
and provider. Founded in 2015, Ucommune has created a large-scale
intelligent agile office ecosystem covering economically vibrant
regions throughout China to empower its members with
flexible and cost-efficient office space solutions. Ucommune's
various offline agile office space services include self-operated
models, such as U Space, U Studio, and U Design, as well as
asset-light models, such as U Brand and U Partner. By utilizing its
expertise in the real estate and retail industries, Ucommune
operates its agile office spaces with high efficiency and engages
in the urban transformation of older and under-utilized buildings
to redefine commercial real estate in China.
Safe Harbor Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended. These forward-looking statements are made under the
"safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These statements can be identified
by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and
similar statements. The Company may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the "SEC"), 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. Any statements that are not historical
facts, including statements about the Company'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: the Company's growth strategies; its
future business development, results of operations and financial
condition; its ability to understand members' needs and
provide products and services to attract and retain members; its
ability to maintain and enhance the recognition and reputation of
its brand; its ability to maintain and improve quality control
policies and measures; its ability to establish and maintain
relationships with members and business partners; trends and
competition in China's agile office space market; changes
in its revenues and certain cost or expense items; the expected
growth of China's agile office space market; PRC
governmental policies and regulations relating to the Company's
business and industry, and general economic and business conditions
in China and globally and assumptions underlying or
related to any of the foregoing. Further information regarding
these and other risks, uncertainties or factors is included in the
Company's filings with the SEC. All information provided in this
press release and in the attachments is as of the date of this
press release, and the Company undertakes no obligation to update
any forward-looking statement, except as required under applicable
law.
For investor and media inquiries, please contact:
Ucommune International Ltd
ir@ucommune.com
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SOURCE Ucommune International Ltd