By expanding our business beyond the travel sector, into various aspects of daily life and commercial life.

May 15, 2024 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2024-05-15 | transcript 22015b4f-2b12-41d6-8797-b1fdd15eb5d9 | chars 6512-6619 | segment 6

We recognize ourselves. into four distinct business lines starting from year 2024 to leverage our existing R&D resource and cutting-edge technologies to explore business opportunities beyond portable Wi-Fi terminals and view an expanding array of comprehensive data connectivity solutions to satisfy a wide range of users' needs. by extending our business beyond the travel sector into various aspects of daily and commercial life. These solutions will allow us to engage with a broader end-user space by leveraging our cloud-thin and hyper-connectivity technologies, optimally build out our broader global meat ecosystem and global leading mobile data traffic sharing marketplace.

May 15, 2024 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2024-05-15 | transcript 22015b4f-2b12-41d6-8797-b1fdd15eb5d9 | chars 8567-9248 | segment 8

The recovery of the international travel is creating significant tailwinds for this business, with growth from Japan and mainland China as significant growth drivers during the quarter, while Chinese outbound travel remains soft. Chinese international travelers during the peak summer holiday season increasingly chose to use our Longming Man brand services and are accounting for a growing share of our international data connectivity services.

Nov 15, 2023 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2023-11-15 | transcript 4c0b2d4f-7501-432b-9b4e-89107255c629 | chars 3446-3891 | segment 3

We launched a Glocomy SIM card, which currently offers coverage across 10 high-demand travel destinations, and a GPS tracker-enabled portable Wi-Fi terminal that we believe is currently the smallest of its kind in the world. In addition, we pilot an eSIM solution in October year 2023, which will enable us to satisfy a wider range of data connectivity needs from our customer side.

Nov 15, 2023 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2023-11-15 | transcript 4c0b2d4f-7501-432b-9b4e-89107255c629 | chars 4678-5060 | segment 4

Taken together, we believe our high-margin uClouding 1.0 business will remain a key driver of our business as a long-term recovery of international travel continues.

Nov 15, 2023 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2023-11-15 | transcript 4c0b2d4f-7501-432b-9b4e-89107255c629 | chars 5061-5226 | segment 5

We expect that there's a peak season for summer holiday, and the same for Chinese outbound tourists. So summer holiday is a peak time for our year, for this year. So we expect the growth momentum came from international travel, this pick-up time.

Aug 16, 2023 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2023-08-16 | transcript 4c11acea-8da2-4fa7-bc7f-b465d9256f66 | chars 17850-18096 | segment 18

And the average daily active terminals from uClouding 1.0 business increased by 57.7. percent year-over-year, primarily as a result of the recovery in international travel.

Aug 16, 2023 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2023-08-16 | transcript 4c11acea-8da2-4fa7-bc7f-b465d9256f66 | chars 3526-3698 | segment 3

During the first quarter of year 2023, New Clouding 1.0 business revenues increased 38.5% year-over-year to US dollar 7.8 We are delighted that our uClouding 1.0 business demonstrates significant growth as a result of accelerated international travel recovery across our major markets, particularly in Japan.

May 18, 2023 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2023-05-18 | transcript 48a7bebf-dabe-45dc-b40b-124c13ad5750 | chars 3600-3908 | segment 3

This improvement is a reflection of international travelers recovering across our major markets over the course of the year.

Mar 15, 2023 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2023-03-15 | transcript 58dcb7b2-9eeb-4c83-8628-f7cc5998e7a2 | chars 4135-4259 | segment 4

We have observed an accelerated recovery in international travel. The United Nations World Travel Organization expects 2023 international tourist arrival number will recover about 80 to 95 percent of pre-pandemic levels, which presents a significant opportunity for us.

Mar 15, 2023 / CEO / receipt, needs a key / Chao-Hui Chen, CEO | earnings call 2023-03-15 | transcript 58dcb7b2-9eeb-4c83-8628-f7cc5998e7a2 | chars 6030-6299 | segment 6

Yes, for this top-line growth, many driven by this international community service, especially as we discussed in the second quarter, mainland China's growth, the outbound traveler from mainland China to other countries' growth. significantly, and we think that trend where we have to keep this same high and fast growth in the third quarter of this year.

Aug 14, 2024 / CEO / receipt, needs a key / Chao Hui Chen, CEO | earnings call 2024-08-14 | transcript d2438905-17e8-48b1-bc80-b8bd44c1af1c | chars 13576-13931 | segment 14

As the widespread adoption of our full-speed 5G solutions gains momentum, supported by the recovery in international travel, our extensive 5G long-mean solutions now cover 60 countries and regions, and are generating a stable stream of revenue, creating significant growth opportunities for us going forward.

Aug 14, 2024 / CEO / receipt, needs a key / Chao Hui Chen, CEO | earnings call 2024-08-14 | transcript d2438905-17e8-48b1-bc80-b8bd44c1af1c | chars 3826-4134 | segment 4

Finally, as we transition beyond the portable Wi-Fi terminal market, we are scaling up our user base beyond the travel sector into a various comprehensive daily life application scenarios such as every care, pet management, item checking, and daily travel.

Aug 14, 2024 / CEO / receipt, needs a key / Chao Hui Chen, CEO | earnings call 2024-08-14 | transcript d2438905-17e8-48b1-bc80-b8bd44c1af1c | chars 7323-7579 | segment 7

So I think in the following quarter we believe this new product will create or generate more revenue for us. As you understand, we have all SIM solutions, including the OTA SIM and eSIM, these also will generate more easy selling than our traditional portable Wi-Fi, can access more customers for travel worldwide.

Mar 14, 2024 / CEO / receipt, needs a key / Chao Hui Chen, CEO | earnings call 2024-03-14 | transcript 0689fc73-fe44-4537-bfcc-c89ea7527a65 | chars 20408-20722 | segment 21

In our major markets, China and Japan, we are seeing the early signs of a recovery in all-bound tourism and business travel following the COVID-19 pandemic.

Mar 14, 2024 / CEO / receipt, needs a key / Chao Hui Chen, CEO | earnings call 2024-03-14 | transcript 0689fc73-fe44-4537-bfcc-c89ea7527a65 | chars 3292-3448 | segment 3

As international travel restrictions around the world continue to abate over time, the number of average daily active terminals for the 1.0 business has increased during the second quarter of year 2022. Compared to the second quarter of the year 2021, average daily device terminal has increased by 23.6%. A testament to the faster recovery of our 1.0 business, which indicates that more and more customers are using our products and services.

Aug 24, 2022 / CEO / receipt, needs a key / Chao Hui Chen, CEO | earnings call 2022-08-24 | transcript 8c58ebf3-1fe4-4bd4-ae69-cf3b8be5fb64 | chars 3672-4115 | segment 3