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BEIJING, May 06, 2021 /PRNewswire/ Ucommune International Ltd. (NASDAQ: UK) ( Ucommune or the Company ), a leading agile office space manager and provider in China, today announced that it has leveraged its asset-light model to increase the occupancy rate of its Wuhan Lingjiaohu Yihao project (the Project ) to 86.59% in just 5 months, with more than 40 companies moving into the Project s office spaces since its initial opening.
Jointly operated by Ucommune and Yuzhou Group (HKSE: 01628), the Project is located in Yuyueli, which is at the core of Hanjiang area in Wuhan, the largest city in Hubei Province and the most populous city in Central China. With 4,860m² of office space and capacity for nearly 800 professionals, the Project s premium working spaces and services have been highly attractive to those companies affected by the pandemic. Project tenants currently comprise more than 20 companies in the technology and Internet ind