Aurora Mobile Ltd. Files 20-F Annual Report for Fiscal Year 2023

TL;DR

<b>Aurora Mobile Ltd. has submitted its 2023 annual report on Form 20-F, detailing its financial and operational status.</b>

AI Summary

Aurora Mobile Ltd (JG) filed a Foreign Annual Report (20-F) with the SEC on April 12, 2024. Aurora Mobile Ltd. filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. The filing was made on April 12, 2024. The company is incorporated in E9 and its fiscal year ends on December 31. Aurora Mobile Ltd. is classified under SIC code 7370 for Services-Computer Programming, Data Processing, etc. The company is listed with Central Index Key 0001737339.

Why It Matters

For investors and stakeholders tracking Aurora Mobile Ltd, this filing contains several important signals. This filing provides stakeholders with the company's official year-end financial statements and disclosures, crucial for investment decisions and regulatory compliance. As a public document, the 20-F allows investors and analysts to assess Aurora Mobile's performance, risks, and strategic direction over the past fiscal year.

Risk Assessment

Risk Level: low — Aurora Mobile Ltd shows low risk based on this filing. The filing is a standard annual report (20-F) and does not contain immediate, significant negative financial news or operational changes, indicating a routine disclosure.

Analyst Insight

Review the detailed financial statements and risk factors within the 20-F to understand Aurora Mobile's performance and outlook for the upcoming year.

Key Numbers

• 2023-12-31 — Fiscal Year End (Period covered by the 20-F filing)
• 2024-04-12 — Filing Date (Date the 20-F was submitted)
• 0001737339 — Central Index Key (Unique identifier for Aurora Mobile Ltd.)
• 7370 — SIC Code (Industry classification for Aurora Mobile Ltd.)

Key Players & Entities

• Aurora Mobile Ltd. (company) — Filer of the 20-F
• 20-F (regulator) — Form type filed
• 2024-04-12 (date) — Filing date
• 2023-12-31 (date) — Fiscal year end
• 0001737339 (company) — Central Index Key
• 7370 (industry) — Standard Industrial Classification code

FAQ

Industry Context

Aurora Mobile Ltd. operates in the Services-Computer Programming, Data Processing, etc. sector, identified by SIC code 7370.

Regulatory Implications

The company is filing a Form 20-F, which is an annual report required by the U.S. Securities and Exchange Commission (SEC) for foreign private issuers.

What Investors Should Do

1. Analyze the financial statements and management discussion within the 20-F for detailed performance metrics.
2. Review the risk factors section to understand potential challenges and uncertainties facing Aurora Mobile Ltd.
3. Compare the 2023 results with previous years' filings to identify trends and changes in the company's financial health.

Key Dates

• 2024-04-12: Filing of 20-F — Official annual report submission for fiscal year 2023.
• 2023-12-31: Fiscal Year End — The reporting period concluded on this date.

Year-Over-Year Comparison

This filing represents the annual disclosure for the fiscal year 2023, following previous filings which would have covered earlier periods.

Key Financial Figures

• $0.0001 — t) Class A common shares, par value US$0.0001 per share* * No t for trading, but
• $ — SAAS" are to Software-as-a-Service; "US$," "U.S. dollars," "$," and "dollars" ar
• $1 — rt are made at a rate of RMB7.0999 to US$1.00, the exchange rate in effect as of D

Filing Documents

• jg-20231231x20f.htm (20-F) — 4312KB
• jg-20231231xex2d5.htm (EX-2.5) — 187KB
• jg-20231231xex4d15.htm (EX-4.15) — 24KB
• jg-20231231xex8d1.htm (EX-8.1) — 8KB
• jg-20231231xex12d1.htm (EX-12.1) — 13KB
• jg-20231231xex12d2.htm (EX-12.2) — 13KB
• jg-20231231xex13d1.htm (EX-13.1) — 6KB
• jg-20231231xex13d2.htm (EX-13.2) — 6KB
• jg-20231231xex15d1.htm (EX-15.1) — 4KB
• jg-20231231xex15d2.htm (EX-15.2) — 4KB
• jg-20231231xex97d1.htm (EX-97.1) — 31KB
• jg-20231231x20f008.jpg (GRAPHIC) — 73KB
• jg-20231231x20f009.jpg (GRAPHIC) — 68KB
• 0001104659-24-046491.txt (&nbsp;) — 16317KB
• jg-20231231_pre.xml (EX-101.PRE) — 648KB
• jg-20231231.xsd (EX-101.SCH) — 84KB
• jg-20231231_cal.xml (EX-101.CAL) — 93KB
• jg-20231231_def.xml (EX-101.DEF) — 403KB
• jg-20231231_lab.xml (EX-101.LAB) — 663KB
• jg-20231231x20f_htm.xml (XML) — 2841KB

FORWARD-LOOKING STATEMENTS

FORWARD-LOOKING STATEMENTS 2 Part I 3 Item 1. Identity of Directors, Senior Management and Advisers 3 Item 2. Offer Statistics and Expected Timetable 3 Item 3. Key Information 3 Item 4. Information on the Company 61 Item 4A. Unresolved Staff Comments 102 Item 5. Operating and Financial Review and Prospects 102 Item 6. Directors, Senior Management and Employees 120 Item 7. Major Shareholders and Related Party Transactions 132 Item 8. Financial Information 133 Item 9. The Offer and Listing 134 Item 10. Additional Information 134 Item 11.

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 145 Item 12.

Description of Securities Other Than Equity Securities

Description of Securities Other Than Equity Securities 146 Part II 148 Item 13. Defaults, Dividend Arrearages and Delinquencies 148 Item 14. Material Modifications to the Rights of Security Holders and Use of Proceeds 148 Item 15.

Controls And Procedures

Controls And Procedures 148 Item 16A. Audit Committee Financial Expert 149 Item 16B. Code of Ethics 149 Item 16C. Principal Accountant Fees and Services 150 Item 16D. Exemptions from the Listing Standards for Audit Committees 150 Item 16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers 151 Item 16F. Change in Registrant's Certifying Accountant 151 Item 16G. Corporate Governance 151 Item 16H. Mine Safety Disclosure 152 Item 16I. Disclosure Regarding Foreign Jurisdictions That Prevent Inspections 152 Item 16J. Insider Trading Policies 152 Item 16K. Cybersecurity 152 Part III 153 Item 17.

Financial Statements

Financial Statements 153 Item 18.

Financial Statements

Financial Statements 153 Item 19. Exhibits 154 i Table of Contents INTRODUCTION Unless otherwise indicated and except where the context otherwise requires, references in this annual report on Form 20-F to: "ADSs" are to our American depositary shares, every 3 of which represent 40 Class A common shares. On December 11, 2023, we effected an ADS ratio change to adjust our common share to ADS ratio from 3 ADSs representing 2 Class A common shares to 3 ADSs representing 40 Class A common shares. Except otherwise stated, the ADS ratio change has been retrospectively applied for all periods presented in this annual report; "AI" are to artificial intelligence; "Aurora" are to Aurora Mobile Limited, our Cayman Islands holding company; "BVI" are to the British Virgin Islands; "China" or the "PRC" are to the People's Republic of China, including Hong Kong and Macau; "Class A common shares" are to our Class A common shares of par value US$0.0001 per share; "Class B common shares" are to our Class B common shares of par value US$0.0001 per share; "common shares" are to our common shares, par value US$0.0001 per share; "customers" in a given period are to those that purchase at least one of our paid-for SAAS Businesses during the same period. We treat each contracting party as a separate customer although it is possible that a company may have more than one contracting party to enter into contracts with us and multiple entities within one corporate group may use the same contracting party to enter into contracts with us; "our SAAS Businesses" are to our developer services and vertical applications; "VIE" are to Shenzhen Hexun Huagu Information Technology Co., Ltd., or Hexun Huagu, including its subsidiaries, Wuhan SendCloud Technology Co., Ltd., or Wuhan SendCloud, and Ifaxin (Hubei) Cloud Co., Ltd., or Ifaxin; "our WFOE" are to JPush Information Consultation (Shenzhen) Co., Ltd., or Shenzhen JPush; "RMB" and "Renminbi" are to the legal currency of mainl

FORWARD-LOOKING STATEMENTS

FORWARD-LOOKING STATEMENTS This annual report on Form 20-F contains forward-looking statements that relate to our current expectations and views of future events. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigations Reform Act of 1995. You can identify some of these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements include statements relating to: our goals and strategies; our future business development, financial conditions and results of operations; the expected growth of the mobile internet industry and the mobile app developer services market in China; the expected growing application of big data technology in China, including in areas such as mobile online marketing, financial risk management and market intelligence services; our expectations regarding demand for and market acceptance of our SAAS Businesses; our expectations regarding our relationships with app developers, customers, strategic partners and other stakeholders; competition in our industry; and government policies and regulations relating to our industry. You should read this annual report and the documents that we refer to in this annual report and have filed as exhibits to this annual report completely and with the understanding that our actual future results may be materiall

View Full Filing

View this 20-F filing on SEC EDGAR