Ucommune International Ltd. announced that its latest apartment management platform named "Up to U" has been officially released on January 03, 2023. "Up to U" utilizes digital operation, combining big data, IOT, cloud computing and other technologies, to greatly improve business efficiency and tenant experience. "Up to U" is developed by Beijing Xiyu Information Technology Co.

Ltd., a subsidiary of the Company, aiming to integrate managed apartments and upgrade traditional rental service to digital management. Ucommune, as a leading agile office space operator in China, has expanded its initial focus on commercial office buildings to include intelligent industrial parks, and currently has nearly 300 self-operated and managed agile office spaces, covering more than 70 cities and serving approximately 1.2 million members. With the official launch of "Up to U," Ucommune will be able to fully integrate the whole industrial chain of building economy and seamlessly break through into upstream and downstream markets.