Filing Details

Accession Number:
0001213900-25-012505
Form Type:
13G Filing
Publication Date:
2025-02-11 19:00:00
Filed By:
MediaPlay Limited
Company:
Ucloudlink Group Inc.
Filing Date:
2025-02-12
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Beneficially Owned Number of Shares Beneficially Owned Number of Aggregate Shares Percent of Class
MediaPlay Limited 0 61,346,560 16.2%
Brilliant Topaz Holding Limited 0 61,346,560 16.2%
Chen Family Evergreen Trust 0 61,346,560 16.2%
Chaohui Chen 0 77,484,280 20.4%
AlphaGo Robot Limited 0 60,726,420 16.1%
Bright Topaz Holding Limited 0 60,726,420 16.1%
Harmony Peng Trust 0 60,726,420 16.1%
Zhiping Peng 0 72,111,270 19.0%
Wen Gao 0 12,677,420 3.4%
Zhu Tan 0 9,393,560 2.5%
Zhigang Du 0 4,696,150 1.2%
Zhongqi Kuang 0 3,642,970 1.0%
Shubao Pei 0 4,597,040 1.2%
Xuesong Ren 0 6,341,240 1.7%
Yimeng Shi 0 4,447,070 1.2%
Filing





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes 61,346,560 Class B ordinary shares of the Issuer held by MediaPlay Limited, a British Virgin Islands company. MediaPlay Limited is wholly owned by Brilliant Topaz Holding Limited, a British Virgin Islands company. Brilliant Topaz Holding Limited is wholly owned by Chen Family Evergreen Trust, a trust established for the benefit of Mr. Chaohui Chen and his family. Mr. Chaohui Chen is the settlor and investment advisor of Chen Family Evergreen Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Chen Family Evergreen Trust. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represent 44.1% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes 61,346,560 Class B ordinary shares of the Issuer held by MediaPlay Limited, a British Virgin Islands company. MediaPlay Limited is wholly owned by Brilliant Topaz Holding Limited, a British Virgin Islands company. Brilliant Topaz Holding Limited is wholly owned by Chen Family Evergreen Trust, a trust established for the benefit of Mr. Chaohui Chen and his family. Mr. Chaohui Chen is the settlor and investment advisor of Chen Family Evergreen Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Chen Family Evergreen Trust. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represent 44.1% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes 61,346,560 Class B ordinary shares of the Issuer held by MediaPlay Limited, a British Virgin Islands company. MediaPlay Limited is wholly owned by Brilliant Topaz Holding Limited, a British Virgin Islands company. Brilliant Topaz Holding Limited is wholly owned by Chen Family Evergreen Trust, a trust established for the benefit of Mr. Chaohui Chen and his family. Mr. Chaohui Chen is the settlor and investment advisor of Chen Family Evergreen Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Chen Family Evergreen Trust. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represent 44.1% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes (i) 61,346,560 Class B ordinary shares of the Issuer held by MediaPlay Limited, (ii) 1,890,920 Class A ordinary shares of the Issuer held by Mr. Chaohui Chen, (iii) 902,500 Class A ordinary shares issuable to Mr. Chaohui Chen upon exercise of options within 60 days after December 31, 2024, (iv) 71,560 Class A ordinary shares issuable to Mr. Chaohui Chen upon vesting of restricted share units within 60 days after December 31, 2024, (v) 348,094 ADSs, representing 3,480,940 Class A ordinary shares directly held by Mr. Chaohui Chen, and (vi) 9,791,800 Class A ordinary shares (including those in the form of ADS) beneficially owned by certain of our current and former employees who have granted an irrevocable voting proxy for all shares beneficially owned by them to Mr. Chaohui Chen. Our employees who hold share incentive awards under our share incentive plans have granted an irrevocable voting proxy for the shares issuable to them pursuant to the awards to Mr. Chaohui Chen, except those mentioned in item (vi) of this paragraph. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 44.8% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes 60,726,420 Class B ordinary shares of the Issuer held by AlphaGo Robot Limited, a British Virgin Islands company. AlphaGo Robot Limited is wholly owned by Bright Topaz Holding Limited, a British Virgin Islands company. Bright Topaz Holding Limited is wholly owned by Harmony Peng Trust, a trust established for the benefit of Mr. Zhiping Peng and his family. Mr. Zhiping Peng is the settlor and investment advisor of Harmony Peng Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Harmony Peng Trust. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 43.6% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes 60,726,420 Class B ordinary shares of the Issuer held by AlphaGo Robot Limited, a British Virgin Islands company. AlphaGo Robot Limited is wholly owned by Bright Topaz Holding Limited, a British Virgin Islands company. Bright Topaz Holding Limited is wholly owned by Harmony Peng Trust, a trust established for the benefit of Mr. Zhiping Peng and his family. Mr. Zhiping Peng is the settlor and investment advisor of Harmony Peng Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Harmony Peng Trust. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 43.6% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes 60,726,420 Class B ordinary shares of the Issuer held by AlphaGo Robot Limited, a British Virgin Islands company. AlphaGo Robot Limited is wholly owned by Bright Topaz Holding Limited, a British Virgin Islands company. Bright Topaz Holding Limited is wholly owned by Harmony Peng Trust, a trust established for the benefit of Mr. Zhiping Peng and his family. Mr. Zhiping Peng is the settlor and investment advisor of Harmony Peng Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Harmony Peng Trust. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 43.6% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes (i) 60,726,420 Class B ordinary shares of the Issuer held by AlphaGo Robot Limited, (ii) 1,699,520 Class A ordinary shares of the Issuer held by Mr. Zhiping Peng, (iii) 902,500 Class A ordinary shares issuable to Mr. Zhiping Peng upon exercise of options within 60 days after December 31, 2024, (iv) 66,060 Class A ordinary shares issuable to Mr. Zhiping Peng upon vesting of restricted share units within 60 days after December 31, 2024, (v) 378,527 ADSs, representing 3,785,270 Class A ordinary shares directly held by Mr. Zhiping Peng, and (vi) 4,931,500 Class A ordinary shares of the Issuer held by one of our beneficial owners, who have granted an irrevocable voting proxy for 4,931,500 Class A ordinary shares beneficially owned by such it to Mr. Zhiping Peng, and appointed Mr. Zhiping Peng as lawful attorney-in-fact. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represent 44.2% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes (i) 11,889,820 Class A ordinary shares held by Talent Wits Limited, a British Virgin Islands company, (ii) 765,600 Class A ordinary shares held by Mr. Wen Gao, and (iii) 22,000 Class A ordinary shares issuable to Mr. Wen Gao upon vesting of restricted share units within 60 days after December 31, 2024. Talent Wits Limited is wholly owned by Mr. Wen Gao. The registered address of Talent Wits Limited is Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 0.6% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes (i) 9,261,200 Class A ordinary shares held by Mr. Zhu Tan, (ii) 117,110 Class A ordinary shares issuable to Mr. Zhu Tan upon exercise of options within 60 days after December 31, 2024, and (iii) 15,250 Class A ordinary shares issuable to Mr. Zhu Tan upon vesting of restricted share units within 60 days after December 31, 2024. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 0.5% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes (i) 3,930,620 Class A ordinary shares held by Mr. Zhigang Du, (ii) 733,530 Class A ordinary shares issuable to Mr. Zhigang Du upon exercise of options within 60 days after December 31, 2024, and (iii) 32,000 Class A ordinary shares issuable to Mr. Zhigang Du upon vesting of restricted share units within 60 days after December 31, 2024. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 0.2% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes (i) 3,627,820 Class A ordinary shares held by Mr. Zhongqi Kuang, and (ii) 15,150 Class A ordinary shares issuable to Mr. Zhongqi Kuang upon vesting of restricted share units within 60 days after December 31, 2024. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 0.2% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes (i) 3,946,620 Class A ordinary shares held by Mr. Shubao Pei, (ii) 616,420 Class A ordinary shares issuable to Mr. Shubao Pei upon exercise of options within 60 days after December 31, 2024, and (iii) 34,000 Class A ordinary shares issuable to Mr. Shubao Pei upon vesting of restricted share units within 60 days after December 31, 2024. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 0.2% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes 6,341,240 Class A ordinary shares held by Fortune Technology Limited, a British Virgin Islands company. Fortune Technology Limited is wholly owned by Mr. Xuesong Ren. The registered address of Fortune Technology Limited is Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 0.3% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5 to 9: Includes (i) 1,798,260 Class A ordinary shares held by Mr. Yimeng Shi, (ii) 2,595,000 Class A ordinary shares issuable to Mr. Yimeng Shi upon exercise of options within 60 days after December 31, 2024, and (iii) 53,810 Class A ordinary shares issuable to Mr. Yimeng Shi upon vesting of restricted share units within 60 days after December 31, 2024. Note to Row 11: The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 377,971,590 outstanding ordinary shares (being the sum of 255,898,610 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2024, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The voting power of the shares beneficially owned represents 0.2% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer's outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 15 votes per share on all matters submitted to them for a vote.


SCHEDULE 13G


 
MediaPlay Limited
 
Signature:/s/ Chaohui Chen
Name/Title:Chaohui Chen, Director
Date:02/12/2025
 
Brilliant Topaz Holding Limited
 
Signature:/s/ Susan Palmer and Michael Fearon
Name/Title:Susan Palmer and Michael Fearon, Authorized Signatories For and on behalf of Rustem Limited Director
Date:02/12/2025
 
Chen Family Evergreen Trust
 
Signature:/s/ Susan Palmer and Michael Fearon
Name/Title:Susan Palmer and Michael Fearon, Authorized Signatories For and on behalf of Cantrust (Far East) Limited Trustee
Date:02/12/2025
 
Chaohui Chen
 
Signature:/s/ Chaohui Chen
Name/Title:Chaohui Chen
Date:02/12/2025
 
AlphaGo Robot Limited
 
Signature:/s/ Zhiping Peng
Name/Title:Zhiping Peng, Director
Date:02/12/2025
 
Bright Topaz Holding Limited
 
Signature:/s/ Susan Palmer and Michael Fearon
Name/Title:Susan Palmer and Michael Fearon, Authorized Signatories For and on behalf of Rustem Limited Director
Date:02/12/2025
 
Harmony Peng Trust
 
Signature:/s/ Susan Palmer and Michael Fearon
Name/Title:Susan Palmer and Michael Fearon, Authorized Signatories For and on behalf of Cantrust (Far East) Limited Trustee
Date:02/12/2025
 
Zhiping Peng
 
Signature:/s/ Zhiping Peng
Name/Title:Zhiping Peng
Date:02/12/2025
 
Wen Gao
 
Signature:/s/ Wen Gao
Name/Title:Wen Gao
Date:02/12/2025
 
Zhu Tan
 
Signature:/s/ Zhu Tan
Name/Title:Zhu Tan
Date:02/12/2025
 
Zhigang Du
 
Signature:/s/ Zhigang Du
Name/Title:Zhigang Du
Date:02/12/2025
 
Zhongqi Kuang
 
Signature:/s/ Zhongqi Kuang
Name/Title:Zhongqi Kuang
Date:02/12/2025
 
Shubao Pei
 
Signature:/s/ Shubao Pei
Name/Title:Shubao Pei
Date:02/12/2025
 
Xuesong Ren
 
Signature:/s/ Xuesong Ren
Name/Title:Xuesong Ren
Date:02/12/2025
 
Yimeng Shi
 
Signature:/s/ Yimeng Shi
Name/Title:Yimeng Shi
Date:02/12/2025
Exhibit Information

Exhibit 99.1 -- Joint Filing Agreement