Safety and Efficacy of TJ301 IV in Participants With Active Ulcerative Colitis

Inclusion Criteria: 1. Male and female patients 18-70 (inclusive) years of age. 2. Hisory of active UC of more than 3 months. Active UC confirmed by colonoscopy with biopsy or flexible sigmoidoscopy with biopsy at Screening, with extending \> 15-cm past the anal verge from endoscopy. Biopsy sample is not necessary if UC is already confirmed. 3. Active UC with a full Mayo score≥5 and a rectal bleeding subscore ≥1 at screening. 4. During Day -28 to Day -6 prior to Randomisation, an endoscopy subscore ≥2. 5. Treated with conventional non-biological UC therapy: with corticosteroids stable for at least 2 weeks prior to Randomization at no more than 20 mg prednisone per day (or equivalent), and/or with medications containing 5-aminosalicylates (5-ASA) at no less than 2 g 5-ASA per day for at least 3 months and stable for at least 4 weeks prior to Randomization, and/or with azathioprine (AZA) at no less than 0.75 mg/kg/day or mercaptopurine (6-MP) at no less than 0.5 mg/kg/day for at least 6 months and stable for at least 6 weeks prior to Randomization, or MTX no less than 12.5 mg/week and stable for at least 12 weeks prior to Randomization. 6. Male subjects and female subjects of child bearing potential must have been willing to practice effective contraception during the study and been willing and able to continue contraception for 1 month after their last dose of the study treatment. 7. The patient is able and willing to comply with the requirements of this trial protocol. 8. The subject should be able to read and write to understand and fill out Patient Diary. 9. Voluntarily signed Informed Consent obtained before any trial-related procedures are performed. 10. The subject have not received any biologic therapies OR have received 1 biologic drug for the treatment of UC or immune diseases and the last dose must be longer than 8-week or a 5 half-life (whichever is longer) period prior to the first dose of study drug. Exclusion Criteria: 1. Pregnant or breastfeeding women. 2. Contraindication to colonoscopy or sigmoidoscopy. 3. Allergies to any component of TJ301. 4. Subject who is likely to receive surgery for UC treatment within 1 month based on investigator's evaluation. 5. History of colostomy, colectomy or partial colectomy. 6. Current diagnosis of inflammatory bowel disease unclassified, Crohn's disease, ischemic colitis, fulminant colitis and/or toxic megacolon, patients with ulcerative colitis limited to the rectum (ulcerative proctitis), infective enteritis, amebic bowel disease or intestinal schistosomiasis. 7. History of malignancy other than a successfully treated non-metastatic cutaneous squamous cell or basal cell carcinoma and/or localized carcinoma in situ of the cervix. If the Screening colonoscopy shows evidence of dysplasia or a malignancy, the patient is not eligible. 8. Primary or secondary immunodeficiency including neutropenia (absolute neutrophil count \<1500/μL); or lymphopenia (absolute lymphocyte count \<500/μL). 9. Moderate to severe anaemia (haemoglobin \<9 g/dL), or thrombocytopenia (platelet count \<75 000/μL), or serum creatinine \>2 mg/dL. 10. Autoimmune disease besides UC, with the exceptions of Sjogren's syndrome or hypothyroidism. 11. Clostridium (C.) difficile positive at screening visit or treated for C. difficile within the 4 weeks prior to Randomization. 12. serum transaminases \>2.5 x upper limit of normal \[ULN\], alkaline phosphatase \>2.5 x ULN. 13. Serious underlying disease other than UC in the opinion of the investigator. 14. History of drug addiction within the last 1 year or current drug addiction or use of illicit drugs. 15. Any indication of the regular use of more than 40 grams of alcohol every day. 16. Smokers who smoke more than 10 cigarettes per day. 17. Known concurrent acute or chronic viral hepatitis B or C infection or human immunodeficiency virus (HIV) infection. 18. Presence or history of active tuberculosis (TB) or latent TB infection, defined as 1) a positive QuantiFERON-TB Gold test at Screening; or 2) a T-spot test within 4 weeks of Randomisation and evidence of current or previous pulmonary tuberculosis by low-dose CT or chest X-ray within 12 weeks of Randomisation. Patients with old TB will also be excluded. 19. Positive immunoglobulin M antibody titres to Epstein-Barr virus (EBV). 20. Subjects with positive results for cytomegalovirus at screening are to be excluded. 21. Receiving any investigational therapy or any approved therapy for investigational use within 30 days or 5 half-lives prior to Randomization (whichever is longer). 22. Currently taking any medications other than those allowed per protocol guidelines. 23. Infections (including diverticulitis) requiring treatment with antibiotics, antivirals, or antifungals within 14 days prior to Randomisation. 24. Received any live (attenuated) vaccines within 30 days prior to Randomisation. 25. Recent treatment with medium-to-high-dose intravenous corticosteroids (methylprednisolone 60 mg/day or hydrocortisone 300 mg/day) within 8 weeks prior to Randomisation or oral corticosteroids of more than 20 mg prednisone per day (or equivalent). 26. Receipt of cyclosporine, tacrolimus, sirolimus, thalidomide, or mycophenolate mofetil within 30 days prior to Randomisation. 27. Treatment with therapeutic enema or suppository, other than required for endoscopy preparation, within 14 days prior to the screening endoscopy and during the remainder of the trial.