UCloud Technology

UCloud Technology Co., Ltd. (688158.SH) was founded in March 2012 by Ji Xinhua, a former Tencent executive, and is headquartered in Yangpu, Shanghai. It is China's largest independent, 'neutral' public-cloud provider, deliberately unaffiliated with any internet giant, and offers elastic compute, storage, networking, CDN, big data, database and AI cloud services alongside private and hybrid cloud solutions. It listed on the STAR Market in January 2020 and was the first A-share company to do so with a dual-class (special voting rights) structure. Revenue reached RMB 1.70 billion in 2025, up 13.1% year on year, with net loss narrowing 69.5% to RMB 74 million; in H1 2026 revenue rose 24.1% to RMB 982 million and the company returned to a net profit. Founder, chairman and CEO Ji Xinhua.

• 012025 revenue of RMB 1.70 billion, up 13.1% year on year; net loss narrowed 69.5%.
• 02Returned to net profit in H1 2026 as revenue grew 24.1% year on year.
• 03First A-share company to list with a dual-class share structure (STAR Market, January 2020).
• 04Founder, chairman and CEO Ji Xinhua (季昕华).

1. Jan 20, 2020

   IPO

   CNY 18.4 亿

   Source

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