香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 Kingsoft Cloud Holdings Limited 金山云控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：3896） （納斯達克股票代碼：KC） 根據2021年股權激勵計劃授出受限制股份單位 根據香港上市規則第17.06A條、17.06B條及17.06C條，董事會宣佈，本公司於 2025年10月16日（美國東部時間）根據2021年股權激勵計劃的條款向若干僱員參 與者授出合共16,205,511個受限制股份單位，待予接納，相當於16,205,511股相關 股份或約1,080,367股美國存託股（向下調整至最接近之美國存託股整數）及本公告 日期本公司已發行股份總數約0.36%。 歸屬期： 授予僱員的16,205,511 個受限制股份單位將於相關授 出函中指明的歸屬開始日期的第一週年至第三週年期 間分批歸屬，包括歸屬期短於12個月的5,401,837 個受 限制股份單位。 根據本公司的公 ...

Core Viewpoint - The majority of popular Chinese concept stocks experienced gains on Wednesday, with the Nasdaq Golden Dragon China Index rising by 1.7% [1] Group 1: Stock Performance - New Oriental saw an increase of over 10% [1] - TAL Education Group rose by more than 4% [1] - Kingsoft Cloud and Tiger Brokers both increased by over 2% [1] - Xpeng Motors, Alibaba, JD.com, and NetEase all gained more than 1% [1]

Group 1 - Major stock index futures are up, with Dow futures rising by 0.98%, S&P 500 futures up by 1.41%, and Nasdaq futures increasing by 1.96% [1] - Chinese concept stocks mostly rose, with Alibaba up by 5.18%, Pinduoduo up by 1.98%, JD.com up by 2.76%, and Ctrip up by 2.34%, while Baidu fell by 4.10% [1] - Star tech stocks also saw gains, with Nvidia up by 3.68%, AMD up by 4.24%, and Amazon up by 2.17% [1] Group 2 - Warner Bros. Discovery rejected Paramount's initial acquisition offer, citing it as too low, with the offer being around $20 per share [1] - Rare earth concept stocks experienced significant increases, with USA Rare Earth up by 23.58%, Critical Metals up by 21.23%, and MP Materials up by 11.55% [1] Group 3 - Marathon Digital Holdings (MARA) purchased 400 Bitcoins for approximately $46.29 million, increasing its total Bitcoin holdings to over 53,000 [2] - Tesla's domestic deliveries exceeded 240,000 units in Q3, contributing nearly half of the total deliveries for the quarter [2] Group 4 - Bank of America raised its gold price target to $5,000 per ounce for next year, with an average price forecast of $4,400 [3] - Toyota plans to launch its first mass-produced solid-state battery vehicle by 2027, aiming for advancements in range, charging speed, and performance [3]

Group 1 - Major stock indices are showing positive movements, with Dow futures up 0.98%, S&P 500 futures up 1.41%, and Nasdaq futures up 1.96% [1] - Chinese concept stocks are mostly rising, with Alibaba up 5.18%, Pinduoduo up 1.98%, and JD.com up 2.76%, while Baidu is down 4.10% [1] - Star tech stocks are also performing well, with Nvidia up 3.68%, AMD up 4.24%, and Amazon up 2.17% [1] Group 2 - Warner Bros. Discovery has rejected Paramount's initial acquisition offer, citing the bid was too low at approximately $20 per share, leading to a 2.63% increase in Warner Bros. stock [1] - Rare earth concept stocks have surged, with USA Rare Earth up 23.58%, Critical Metals up 21.23%, and MP Materials up 11.55% [1] Group 3 - Marathon Digital Holdings (MARA) has purchased 400 bitcoins for $46.29 million, increasing its total holdings to over 53,000 bitcoins, making it the second-largest corporate holder [2] - Tesla's domestic deliveries exceeded 240,000 units in Q3, contributing nearly half of the total deliveries, with the stock rising 2.6% [2] Group 4 - Bank of America has raised its gold price target to $5,000 per ounce for next year, with an average price forecast of $4,400, attributing the increase to a recovery in investor appetite [3] - Toyota plans to launch its first mass-produced solid-state battery vehicle by 2027, aiming for advancements in range, charging speed, and performance, resulting in a 2.16% increase in its stock [3]

Core Viewpoint - US pre-market trading saw a broad increase in popular Chinese concept stocks, indicating positive market sentiment towards these companies [1] Group 1: Stock Performance - Kingsoft Cloud experienced a rise of over 6% [1] - Alibaba saw an increase of over 5% [1] - NIO and TSMC both rose nearly 5% [1] - Baidu and Bilibili increased by over 4% [1]

Core Insights - The recent opening of the Kingsoft Software Park in Wuhan marks a significant milestone in Kingsoft's strategic development, with the company achieving a workforce of over 9,500 in the region and aiming for a "10,000 R&D center" by the end of the year [1] Group 1: Talent Development - Kingsoft Cloud has established a comprehensive talent base in Wuhan, focusing on attracting high-end talent through social recruitment, university partnerships, and internal mobility, with a goal to double the intake of mid-to-high-end talent by 2025 [2] - The company collaborates with local universities to create a robust talent pipeline, enhancing cooperation in artificial intelligence research and talent training [2] - Internal mobility initiatives include various welfare policies to attract core staff to Wuhan, creating a complete dual-center organizational structure between Beijing and Wuhan [2] Group 2: Cloud Computing Capabilities - Kingsoft Cloud has developed full-stack cloud computing capabilities in Wuhan, supporting digital transformation in Hubei through various services, including government cloud and intelligent computing [3] - The company is involved in smart city projects, such as the "Smart Chibi" initiative, which enhances public services in healthcare and education through its cloud data platform [3] - In Wuhan, Kingsoft Cloud has transformed the operational efficiency of the Central South Hospital by streamlining complex business processes, significantly reducing average processing times [3] Group 3: Strategic Talent Growth - Kingsoft Cloud prioritizes talent as a core asset, implementing a systematic approach to develop local leadership and high-potential talent through regular meetings and strategic focus on key areas like AI [4] - High-end talent in the Wuhan region participates in decision-making processes, reinforcing the city's role as a strategic hub for the company's growth [4] - The company promotes a dual-channel career development path, offering extensive training programs and mentorship to support employee growth [4] Group 4: Future Development Goals - Kingsoft's CEO emphasizes that Wuhan and the Optics Valley will be the main battlegrounds for the company's future development, aiming to cultivate more professionals in big data, cloud computing, and artificial intelligence [5]

Market Overview - On October 10, U.S. stock markets experienced a significant drop, with the Dow Jones down 1.03%, S&P 500 down 1.53%, and Nasdaq down 2.24% [1][2] - The Nasdaq China Golden Dragon Index fell sharply by 4.28%, with major Chinese stocks like Kingsoft Cloud down over 9%, NIO, Bilibili, Alibaba, and Xpeng down over 7%, and Baidu, Futu Holdings, and JD down over 6% [2][3] Consumer Confidence and Inflation - The preliminary consumer confidence index from the University of Michigan for October is reported at 55, the lowest since May, slightly above the forecast of 54.2 and down from the previous value of 55.1 [2] - Current personal financial conditions and future business environment perceptions improved, but expectations for future personal finances and evaluations of current durable goods purchasing conditions declined, leading to a net neutral effect [2] - Short-term inflation expectations decreased from 4.7% to 4.6%, while long-term inflation expectations remained stable at 3.7% [3] International Markets - The FTSE A50 index futures dropped over 3%, and the Hang Seng Index futures fell nearly 4% [4][6] - European stock markets also declined, with the UK FTSE 100 down nearly 1%, and both the French CAC40 and Italian MIB indices down over 1% [8] Commodity Prices - International oil prices saw a significant decline, with WTI crude oil down over 3% and Brent crude oil down nearly 3% [9] - Conversely, international gold prices rebounded, with London gold and COMEX gold rising over 1% [9] Trade Relations - In response to U.S. restrictions on Chinese shipping and shipbuilding industries, China announced countermeasures, including special port fees for U.S.-flagged vessels, effective October 14 [7]

Core Viewpoint - The Nasdaq China Golden Dragon Index experienced a significant drop of over 3%, marking the largest decline since August 27 [1] Company Performance - Kingsoft Cloud fell by 9% [1] - GDS Holdings, Daqo New Energy, and NIO all dropped by over 7% [1] - Upstart, JinkoSolar, Xiaopeng Motors, Zhihu, and WeRide saw declines of over 6% [1] - Bilibili, Alibaba, Baidu, and JD.com each fell by over 5% [1]

Core Viewpoint - The Nasdaq China Golden Dragon Index has experienced a significant decline, with a drop of 2.78% as of the report date [1] Company Performance - Major Chinese concept stocks are mostly down, with Kingsoft Cloud falling over 7% [1] - NIO has decreased by more than 5% [1] - Xpeng Motors has seen a decline of over 4% [1]

公司名稱: 金山云控股有限公司 呈交日期: 2025年10月8日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03896 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 40,000,000,000 | USD | | 0.001 | USD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 40,000,000,000 | USD | | 0.001 | USD | | 40,000,000 | 本月底法定/註冊股本總額： USD 40,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行 ...