Currently, the only remaining initial founder of UCloud is Chairman and CEO Ji Xinhua.
Recently, UCloud Technology Co., Ltd. (688158: SH) released an announcement titled "Announcement on the Resignation of Directors, Senior Executives, and Core Technical Personnel of the Company," stating that its co-founder and Chief Technology Officer, Mo Xianfeng, has resigned from his position due to personal reasons. After resigning, he will no longer hold any positions within the company, and his resignation report will take effect from the date it is delivered to the board of directors.
According to publicly available information, Mo Xianfeng was born in 1978 and graduated from Harbin University of Science and Technology in 2000 with a major in Mechanical and Electronic Engineering. He co-founded UCloud Technology in 2012 and served as the Chief Technology Officer and Deputy General Manager from March 2012 to July 2018. From May 2014 to July 2018, he also served as a director of the company.
It is worth mentioning that in April of last year, another co-founder of UCloud Technology, Hua Kun, also resigned from his position as Chief Operating Officer due to personal reasons. In September 2023, he further resigned from the company's board of directors and ceased to hold any positions within the company and its subsidiaries.
The latest financial report data shows that in the first three quarters of this year, UCloud Technology's total revenue was approximately CNY 1.0992 billion, a year-on-year decrease of 26%, with a loss of CNY 284 million. Among them, the revenue for the third quarter was CNY 360 million, a year-on-year decrease of 19%, and the net loss was CNY 95.61 million, with a non-GAAP net loss of CNY 80.01 million.
UCloud Technology was founded in 2012 and went public on the Science and Technology Innovation Board on January 20, 2020. It is the first publicly listed cloud computing public cloud service company in China. The core team members mostly come from well-known internet companies such as Alibaba, Tencent, Baidu, and Amazon.
The company actively responded to the "Belt and Road" initiative shortly after its establishment and began its globalization process in 2013 by providing cloud computing services in Hong Kong and Singapore. It became one of the first domestic cloud service providers to expand overseas. In 2014, it deployed its first overseas data center in North America.
Since then, UCloud Technology has established data centers in various locations, including Bangkok, Seoul, Frankfurt, Washington, Singapore, Moscow, Tokyo, the United Arab Emirates, Indonesia, Mumbai, São Paulo, London, South Korea, Nigeria, and Vietnam. It has extensive coverage in Southeast Asia and has data centers in Kuala Lumpur, Jakarta, Manila, and Ho Chi Minh City.
According to public sources, UCloud Technology has deployed 32 efficient, energy-saving, and green cloud computing centers in 25 regions across five continents globally. It has served nearly 50,000 enterprise-level consumer users worldwide and has helped Chinese companies in the gaming, e-commerce, information, video, smart hardware, and green energy sectors take big steps onto the international stage.
Currently, UCloud Technology is actively expanding its large-scale model business and has reached relevant business cooperation agreements with several domestic large-scale model companies.
As of press time, UCloud Technology closed at CNY 15.88 apiece, with a market capitalization of CNY 7,304 million.