0000929638-25-000738.txt : 20250214 0000929638-25-000738.hdr.sgml : 20250214 20250214120545 ACCESSION NUMBER: 0000929638-25-000738 CONFORMED SUBMISSION TYPE: SCHEDULE 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20250214 DATE AS OF CHANGE: 20250214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: uCloudlink Group Inc. CENTRAL INDEX KEY: 0001775898 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-92099 FILM NUMBER: 25625454 BUSINESS ADDRESS: STREET 1: UNIT 2214-RM1, 22/F, MIRA PLACE TOWER A STREET 2: 132 NATHAN ROAD, TSIM SHA TSUI, KOWLOON CITY: HONG KONG STATE: F4 ZIP: 999077 BUSINESS PHONE: 852 31758988 MAIL ADDRESS: STREET 1: UNIT 2214-RM1, 22/F, MIRA PLACE TOWER A STREET 2: 132 NATHAN ROAD, TSIM SHA TSUI, KOWLOON CITY: HONG KONG STATE: F4 ZIP: 999077 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AI Global Investment SPC CENTRAL INDEX KEY: 0001843815 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: K3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G/A BUSINESS ADDRESS: STREET 1: 22/F, LI PO CHUN CHAMBERS STREET 2: 189 DES VOEUX ROAD CENTRAL CITY: HONG KONG STATE: K3 ZIP: 00000 BUSINESS PHONE: 852-28012695 MAIL ADDRESS: STREET 1: 22/F, LI PO CHUN CHAMBERS STREET 2: 189 DES VOEUX ROAD CENTRAL CITY: HONG KONG STATE: K3 ZIP: 00000 SCHEDULE 13G/A 1 primary_doc.xml SCHEDULE 13G/A 0001213900-21-007341 0001843815 XXXXXXXX LIVE 5 Class A Ordinary Shares 12/31/2024 0001775898 uCloudlink Group Inc. 90354D104 Unit 2214-Rm1, 22/F, Mira Place Tower A 132 Nathan Road, Tsim Sha Tsui Kowloon K3 00000000 Rule 13d-1(d) AI Global Investment SPC E9 0 9208440 0 9208440 9208440 N 3.65 CO The beneficial ownership of the securities reported herein is described in item 4 of this Schedule 13G Amendment. Calculations are based on 246,686,120 Class A ordinary shares of the Issuer outstanding, as reported in the Issuer's Form 20-F filed with the Securities and Exchange Commission on March 29, 2023. Haitong International Asset Management (HK) Limited K3 0 9208440 0 9208440 9208440 N 3.65 CO The beneficial ownership of the securities reported herein is described in item 4 of this Schedule 13G Amendment. Calculations are based on 246,686,120 Class A ordinary shares of the Issuer outstanding, as reported in the Issuer's Form 20-F filed with the Securities and Exchange Commission on March 29, 2023. Shengzu Wang K3 0 9208440 0 9208440 9208440 N 3.65 IN The beneficial ownership of the securities reported herein is described in item 4 of this Schedule 13G Amendment. Calculations are based on 246,686,120 Class A ordinary shares of the Issuer outstanding, as reported in the Issuer's Form 20-F filed with the Securities and Exchange Commission on March 29, 2023. uCloudlink Group Inc. Unit 2214-Rm1, 22/F, Mira Place Tower A, 132 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong, 00000000 This joint statement on Schedule 13G (Amendment No. 4) is being filed by AI Global Investment SPC (acting on behalf of and for the account of AI Investment Fund S.P.), Haitong International Asset Management (HK) Limited and Shengzu Wang, who are collectively referred to as the "Reporting Persons." The Reporting Persons have entered into a Joint Filing Agreement, dated February 13, 2023, a copy of which was filed as Exhibit A to the Schedule 13G filed by the Reporting Persons on February 13, 2023. Neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that they have formed a group. Due to an administrative error, the Amendment No. 3 to Schedule 13G filed on February 7, 2024 under reported the number of shares owned by the reporting persons. This Amendment No. 4 to Schedule 13G is filed solely to correct such error. The information required in 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 ("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). 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 the Issuer, which are quoted on Nasdaq Global Market under the symbol "UCL." Each ADS represents ten Class A ordinary shares, par value US$0.00005 per share. AI Global Investment SPC Harneys Services (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, PO Box 10240, Grand Cayman KY1-1002, Cayman Islands Haitong International Asset Management (HK) Limited 22/F, Li Po Chun Chambers 189 Des Voeux Road Central Hong Kong Shengzu Wang, a citizen of Hong Kong 22/F, Li Po Chun Chambers 189 Des Voeux Road Central Hong Kong Please refer to Item 2(b). Y AI Global Investment SPC 9,208,440 (1)(2)(3) Haitong International Asset Management (HK) Limited 9,208,440 (1)(2)(3) Shengzu Wang 9,208,440 (1)(2)(3) AI Global Investment SPC 3.65% (1)(2)(3)(4) Haitong International Asset Management (HK) Limited 3.65% (1)(2)(3)(4) Shengzu Wang 3.65% (1)(2)(3)(4) AI Global Investment SPC 0 Haitong International Asset Management (HK) Limited 0 Shengzu Wang 0 AI Global Investment SPC 9,208,440 (1)(2)(3) Haitong International Asset Management (HK) Limited 9,208,440 (1)(2)(3) Shengzu Wang 9,208,440 (1)(2)(3) AI Global Investment SPC 0 Haitong International Asset Management (HK) Limited 0 Shengzu Wang 0 AI Global Investment SPC 9,208,440 (1)(2)(3) Haitong International Asset Management (HK) Limited 9,208,440 (1)(2)(3) Shengzu Wang 9,208,440 (1)(2)(3) (1) AI Global Investment SPC, a Cayman Islands exempted segregated portfolio company with limited liability ("AI Global"), is currently the record holder of: (i) 101,012 ADSs, which represent 1,010,120 Class A Ordinary Shares (the "Fund 1 Shares"); (ii) 540,568 ADSs, which represent 5,405,680 Class A Ordinary Shares (the "Fund 2 Shares"); and (iii) 1,760,400 ADSs, which represent 17,604,000 Class A Ordinary Shares (together with the Fund 1 Shares and the Fund 2 Shares, the "Shares") acting on behalf and for the account of AI Investment Fund S.P. (2) Haitong International Asset Management (HK) Limited (the "Investment Manager") serves as the investment manager to AI Global with respect to the Shares, and in such capacity, the Investment Manager possesses voting control and the power to direct the disposition of the Shares. Accordingly, for the purposes of Reg. Section 240.13d-3, the Investment Manager may be deemed to beneficially own the Shares. The Investment Manager disclaims beneficial ownership of the Shares except to the extent of its pecuniary interest therein, if any. (3) Shengzu Wang is the Chief Investment Officer and Managing Director of the Investment Manager and, in such capacity, Shengzu Wang exercises voting control over the Investment Manager with respect to its role as investment manager to AI Global with respect to the Shares. Accordingly, for the purposes of Reg. Section 240.13d-3, Shengzu Wang may be deemed to beneficially own the Shares. Shengzu Wang disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein, if any. (4) Calculations are based on 246,686,120 Class A ordinary shares of the Issuer outstanding, as reported in the Issuer's Form 20-F filed with the Securities and Exchange Commission on March 29, 2023. N Y Y Y Y Y Y AI Global Investment SPC /s/ AI GLOBAL INVESTMENT SPC, Acting on behalf of and for the account of AI Investment Fund S.P. 02/14/2025 Haitong International Asset Management (HK) Limited /s/ Shengzu Wang 02/14/2025 Shengzu Wang /s/ Shengzu Wang 02/14/2025