UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE
ISSUER
PURSUANT TO RULE 13a-16 OR
15d-16 UNDER
THE SECURITIES EXCHANGE ACT
OF 1934
For the month of December 2023
Commission File Number:
001-39738
UCOMMUNE
INTERNATIONAL LTD
(Exact name of registrant as
specified in its charter)
Floor B1, Tower D
No 2 Guang Hua Road
Chaoyang District, Beijing
100026
People’s Republic
of China
(Address of principal executive
office)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form
40-F ☐
EXHIBIT INDEX
SIGNATURE
Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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UCOMMUNE INTERNATIONAL LTD |
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|
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By: |
/s/ Zirui Wang |
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Name: |
Zirui Wang |
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Title: |
Chief Executive Officer and Chief Risk Officer |
Date: December 14, 2023
[Signature Page to Form 6-K]
2
Exhibit 99.1
Joining Hands Towards a Shared Future—
Signing Ceremony of Strategic Cooperation Between
Ucommune and New World Development
(Wuhan) Limited & Forum on Optimizing Building Economy and Collaborating for
Breakthrough Development
Successfully Held
BEIJING, December 14, 2023 /PRNewswire/ --
Ucommune International Ltd (NASDAQ: UK) (“Ucommune” or the “Company”), an office space manager and provider
in China, today announced that the signing ceremony of strategic cooperation between Ucommune and New World Development (Wuhan)
Limited, the opening ceremony of New World International Trade · Ucommune II (“New World II”) and the Forum on
Optimizing Building Economy and Collaborating for Breakthrough Development were successfully held at Wuhan New World International
Trade Center on December 13, 2023. The event was jointly organized by Ucommune and New World Development (Wuhan) Limited, and the
attendees included local government leaders, representatives from the media, leading banks in China and business partners of
Ucommune and New World Development (Wuhan) Limited.
Mr. Daqing Mao, the founder and chairman of Ucommune,
noted, “The successful opening of New World II would not have been possible without the strong support from Wuhan municipal government,
Jianghan district government and New World Development (Wuhan) Limited. This project is the first achievement of the Company’s strategic
upgrade, reflecting our determination to seek growth amid stability. The introduction of this new product aims to meet the changing needs
of customers in the post-pandemic era, ushering in new changes and growth for the office space industry and other enterprise-level services.
Driven by new products and new content, Ucommune is actively exploring and developing new resources and consolidating new businesses in
its operating regions for strategic upgrade. I believe that with the gradual recovery of the local economy in various places, the office
space industry will gradually regain its vitality.”
Product upgrade
With the signing of this cooperative agreement,
the two parties further expand the cooperation area to over 16,000 m2 of New World II on the basis of the original office project
— New World International Trade ·Ucommune. With new premise put into operation, New World II is the first upgraded office
service project of Ucommune after its recent organizational restructuring and strategic upgrade. Immediately after it was launched, New
World II has ushered in the move-in of big customers such as Zaihui (Shanghai) Internet Technology Co., Ltd.
The upgraded New World II pays more attention
to the privacy and comfort of the office environment and is committed to creating high-standard office scenarios for customers of all
sizes. As the manager of office space, Ucommune can provide one-stop customized services for customers of various sizes to meet their
individual needs. Ucommune is capable of shortening the timeframe for office delivery significantly, reducing the cost of occupancy for
customers, and ensuring the fast and easy move-in for customers.
Mr. Zirui Wang, the chief executive officer and
chief risk officer of Ucommune, noted, “Intelligence, digitalization and new technologies are catalyzing the diversification of
office scenarios and modes. Accurately grasping opportunities and achieving high-quality chain operation and customer experience is what
Ucommune spares no effort to pursue. We strengthen risk control, manage budgets carefully and work hard on each product.”
The newly opened office space is located on
the 40th floor of New World International Trade Center, of which the overall design reflects Ucommune’s service philosophy
— innovation & diversity. The space layout is simple and bright, organically combining private office space, public tea
break area, fitness and entertainment area, business negotiation area and large-scale conference area. While ensuring that customers
can work independently and efficiently, it creates a positive, lively and vibrant overall atmosphere. In addition, as the office
space manager, Ucommune can also provide customers with various full-cycle empowerment services to promote their development.
New World II, as the first diversified office
service space after Ucommune’s product upgrade, is also a model for Ucommune’s future business. In the subsequent space operation
services, the Company will focus on meeting the individual needs of various types of customers, including micro, small, medium and large
businesses. In addition to traditional premise related services such as office, conference, sports, catering and leisure, the Company
will provide customers with diversified resources and services, including government consulting services, financial consulting services,
media publicity, marketing services and convenience services, so as to empower customers in an all-round way and achieve win-win results
with business partners and customers.
Mr. Xiaodong Li, the chief operating officer of
Ucommune, noted, “The new product released this time is a major adjustment made by Ucommune after it fully studied the operation
data accumulated over the years, which further improves the quality of space and moderately expands the coverage of soft services. The
positive feedback from customers also proves it to be a successful upgrade. In the future, as we build benchmark projects across the country,
each project will have a clear positioning to ensure that it is in line with local economic development, meets the needs of businesses,
and has a long-lasting vitality.”
Backing for product upgrade - organizational
structure optimization
Since the pandemic, Ucommune has paid close attention
to industry trends and has been actively exploring various development paths to increase the Company’s competitiveness. As a Nasdaq-listed
company, Ucommune has rich industry experiences and is capable of efficiently absorbing sophisticated operation concepts from overseas
and further optimizing them to adapt to local conditions.
New World II, as the Company’s first large-scale
project after product upgrade, shows that the Company’s strategic upgrade and organizational structure optimization have achieved
initial results.
A new flexible and efficient organizational
structure
In addition, the Company has made significant
adjustments to its original organizational structure by breaking the original multi-level model of centralized management of the original
head office operation center to simplify the hierarchy, fully empower its employees, adapt to the local market base and customer needs
in each region, and give full play to autonomy and enthusiasm, which has significantly enhanced the subjective initiative and customer
service awareness of the mid-level and grass-roots operation personnel. All employees are working more actively and pragmatically, which
helps amplify the regional advantages of different regions in space operation, business innovation and product iteration.
In the future, when conditions are ripe, Ucommune
will enter more core business districts of cities. Sticking to its core value — high standard and high starting point, the Company
links customers with new momentum at home and abroad, and contributes to the economic development, technological innovation and new consumption
growth in cities where it operates.
About Ucommune International Ltd
Ucommune is an office space manager and provider
in China. Founded in 2015, Ucommune has created a large-scale intelligent office ecosystem covering economically vibrant regions throughout
China to empower its members with flexible and cost-efficient office space solutions.
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 office space market; changes in its revenues and certain cost
or expense items; the expected growth of China’s 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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