UCloud (688158.SH) convened a board meeting on September 2, 2026, to deliberate and approve the termination of the private placement of A-share stocks to specific objects and the withdrawal of the application documents. Recently, the company received a decision from the Shanghai Stock Exchange to terminate the review of this matter. UCloud stated that this decision was made after prudent analysis, taking into account macroeconomic conditions, changes in the capital market environment, and the company's actual situation, and will not have a significant adverse impact on its daily operations.