BEIJING, Oct. 24,
2023 /PRNewswire/ -- Ucommune International Ltd
(NASDAQ: UK) ("Ucommune" or the "Company"), a leading co-working
office space manager and provider in China, today announced that it entered into a
strategic cooperation agreement with Plateno Hotel Management
(Shenzhen) Co., Ltd. ("Plateno
Hotel"), a leading travel and hospitality conglomerate in
China, on October 19, 2023, to unveil a latest business
model that combines hotels and co-working spaces. Both parties will
leverage their brand names, industry resources and industrial
advantages to explore the diversified usage and integration of
hotel amenities and co-working facilities, introducing new and
innovative co-working options to their members and guests. The
collaboration brings together two industry leaders to herald a new
era of the "hotel + co-working" paradigm.
The two parties aim to merge conference rooms and small offices
with hotel public areas, and undertake hotel renovations and
modernizations to improve overall customer experience. Ucommune's
partnership with Plateno Hotel will also enable it to expand its
touch points by leveraging the widespread, multi-level urban hotel
properties of Plateno Hotel.
About Ucommune International Ltd
Ucommune is China's leading
co-working office space manager and provider. 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 co-working office space market; changes in
its revenues and certain cost or expense items; the expected growth
of China's co-working 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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SOURCE Ucommune International Ltd