Core Viewpoint - Kingsoft Cloud (NASDAQ: KC, HKEX: 3896) announced an underwriting agreement for the issuance of American Depositary Shares (ADS) and shares, aiming to raise between $195 million and $226 million, depending on the exercise of the over-allotment option [3][6]. Group 1: Issuance Details - The company will issue a total of 17,300,000 ADS at a fixed price of $11.27 per ADS, representing a total value of $259.5 million [3]. - Additionally, 18,000,000 shares will be issued at a price of HKD 5.83 per share, totaling $18,000 [3][4]. - An over-allotment option allows underwriters to purchase up to 2,775,000 additional ADS at the same price [3]. Group 2: Shareholder Impact - Assuming the over-allotment option is fully exercised, the total number of shares issued will represent approximately 8.4% of the existing shares as of the announcement date, and about 7.7% after the issuance [3]. - Kingsoft Software Group will subscribe for 20% of the total issuance, which includes both public and private placements [3]. Group 3: Financial Projections - The expected gross proceeds from the issuance of ADS and shares range from $195 million to $226 million, with net proceeds estimated between $187 million and $217 million after deducting underwriting discounts [6]. - The proceeds from the issuance will be used for infrastructure upgrades, technology and product development, and general corporate purposes [8]. Group 4: Ownership Structure Post-Issuance - Following the completion of the issuance and assuming full exercise of the over-allotment option, Kingsoft Software's ownership will decrease to approximately 35.59%, while Xiaomi's stake will drop to about 11.12% [9].

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。 本公告僅供參考，且並不構成收購、購買或認購本公司任何證券的邀請或要約。本公告並不構 成向美國、香港或任何其他司法管轄區的公眾提呈出售本公司任何證券的招股章程、發售通 函、通告、通函、宣傳冊或廣告，亦並非向公眾發出邀請以就認購或購買本公司任何證券作出 要約，亦非旨在邀請公眾就認購或購買本公司任何證券作出要約。本公告不得被視為認購或購 買本公司任何證券的勸誘，且並無意進行有關勸誘。本公司或承銷商或其各自的任何聯屬公司 及顧問概無於美國、香港或任何其他司法管轄區透過刊發本公告而發售本公司任何證券或徵求 購買本公司任何證券的要約。 （於開曼群島註冊成立的有限公司） （股份代號：03896） （納斯達克股票代碼：KC） (1) (I)根據一般授權發售美國存託股及發行相關股份； 及(II)根據一般授權發售及發行普通股；及 (2) 涉及根據特別授權認購新股份的關連交易 1 (I)根據一般授權發售美國存託股及發行相關股份 ...

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。 本公告並不構成出售任何證券的要約或招攬購買任何證券的要約，亦不會於有關要約、招攬或 出售即屬違法的任何國家或司法權區出售證券。 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） 金山云控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈(i)於二零 二五年四月十六日（美國東部時間）╱ 二零二五年四月十六日（北京及香港時間） 啟動有關18,500,000股美國存託股（「美國存託股」，各代表15股本公司每股面值 0.001美元的普通股），即合共277,500,000股普通股（「相關股份」）承銷的建議發售 （「發售」）；及(ii)本公司控股股東金山軟件有限公司（「金山軟件」，或「認購人」） 已同意向本公司購買最多若干數目的本公司普通股（「認購股份」），每股價格相等 於每股普通股的發售價（「認購事項」）。 本公司計劃將建議發售及認購 ...

BEIJING, April 16, 2025 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced the pricing of its underwritten public offering (the “Public Offering”) of 18,500,000 of American depositary shares (the “ADSs”), each representing 15 ordinary shares of the Company, at a price of US$11.27 per ADS or a total of 277,500,000 ordinary shares at a price of HK$5.83 per ordinary share, based upon eac ...

Group 1 - Company announced a public offering of 18,500,000 American Depositary Shares (ADS), with each ADS representing 15 shares of common stock [1] - Strategic shareholder, Kingsoft Group, will purchase an additional 20% of the total offering, reflecting confidence in the company's long-term development [1] - Proceeds from the ADS issuance will be used for infrastructure upgrades, technology and product development, and general corporate purposes [1] Group 2 - The cloud computing business is experiencing rapid growth driven by advancements in artificial intelligence, with Kingsoft Cloud holding a unique position in the industry [2] - In 2024, Kingsoft Cloud's total revenue grew by over 10% year-on-year, with Q4 AI billing revenue accounting for 34% of public cloud revenue, a nearly 500% increase year-on-year [2] - The company has achieved a significant improvement in its business fundamentals, entering a new development cycle focused on high-quality growth [2]

AI and Technological Development - Kingsoft Cloud aims to enhance its AI capabilities and invest in technological R&D to drive high-quality sustainable development[15]. - The company emphasizes low-carbon and green development, focusing on making data centers greener and achieving carbon neutrality commitments[16]. - Kingsoft Cloud's KDX Industry DaaS Platform and other products were recognized in the Panorama of High-Quality Development for Digital Medical Products and Services[30]. - The company was included in the leader quadrant of the "Quadrant Analysis Chart for Competitiveness of Service Providers in China's Government Cloud Market in 2023"[31]. - Kingsoft Cloud's cloud products are tailored to various industry verticals, including healthcare, AI, and financial services, enhancing its market position[26]. Healthcare Initiatives - Kingsoft Cloud has established five core business models in healthcare, including Regional Health Cloud and Smart Hospitals, to strengthen healthcare systems[19]. Intellectual Property Management - The company continues to refine its intellectual property management system to protect its innovations and foster a healthy ecosystem for innovation[17]. - Kingsoft Cloud secured a cumulative total of 1,304 granted patents worldwide by the end of 2024, including 1,168 invention patents, 135 design patents, and 1 utility model patent[49]. - Kingsoft Cloud emphasizes the importance of intellectual property management, ensuring compliance with relevant laws and enhancing protection of its innovations[101]. - The company has upgraded its intellectual property management system, conducting regular patent monitoring and data analyses to safeguard proprietary IP[105]. - In 2024, Kingsoft Cloud conducted 10 IP-related training sessions, with over 240 participants from various R&D departments[118][122]. - The "426 Intellectual Property Drive" attracted 759 participants in online quizzes and over 560 participants in offline activities, enhancing employee engagement in IP protection[119]. - Kingsoft Cloud received the Excellence Award in the 25th China Patent Awards, recognizing its achievements in intellectual property management[113]. Corporate Social Responsibility and ESG - The company is focused on delivering reliable cloud services while actively engaging in corporate social responsibility initiatives[19]. - Kingsoft Cloud won the "Best ESG Enterprise Award" in the 9th ranking of listed companies by Zhitong Caijing[40]. - Kingsoft Cloud has established environmental management targets and the Board has reviewed the achievement of these targets to promote ESG management[79]. - The company has identified 18 key ESG topics through materiality analysis, with 9 highly material topics prioritized for action[94]. - Kingsoft Cloud actively engages with stakeholders, focusing on privacy and data security, product stability, and business compliance among other ESG issues[92]. - The company has integrated ESG objectives into the performance evaluation for management and employees, linking compensation to sustainability performance[87]. - Kingsoft Cloud has developed processes for identifying and managing climate change-related risks and opportunities within its risk management system[78]. - The Company is committed to building sustainable supply chains and promoting public welfare through collaboration with stakeholders[90]. Quality Management and Operational Efficiency - The Company established a dedicated Quality Department to oversee quality management across core business operations, including public cloud, edge cloud, and galaxy cloud product lines[166]. - The Company achieved 100% monitoring of basic indicators related to physical equipment and operating systems, ensuring service stability and compliance[177]. - The Company successfully passed the ITSS Operation and Maintenance Standard Compliance Assessment with a maturity of Level 1, highlighting its industry-leading operational capabilities[192]. - The Company enhanced its change management process, achieving 0 failures due to platform changes this year[182]. - The Company introduced 29% more automated processing solutions for high-frequency alert scenarios, significantly improving operational efficiency[185]. - The Company formulated and updated 22 emergency plans for major incidents, significantly reducing the Recovery Time Objective (RTO) and enhancing business continuity capabilities[189]. - The Company implemented a comprehensive potential hazard control system to prevent system failures across product R&D, delivery management, and infrastructure development[172]. - The Company refined its quality performance assessment framework using the Objectives and Key Results (OKR) methodology, ensuring alignment with business characteristics[167]. - The Company enhanced operational stability by updating its quality management system and ensuring no incidents led to operational downtime during the reporting period[168]. - The Company developed visualization solutions for low-frequency blackout change operations, achieving 100% visualized access and elevating operational control[182]. - In 2024, frontline operations and maintenance personnel achieved a 100% pass rate in assessments, ensuring long-term stability for business operations[196]. - The Company integrated quality management into daily operations, publishing monthly quality metrics and establishing four major quality awards to recognize quality improvement efforts[195]. Customer Service and Engagement - Kingsoft Cloud has developed the Active Service Action Guide to proactively identify customer needs and provide forward-looking recommendations, enhancing service quality[198]. - The Company has optimized its after-sales service system, revising service documentation and enhancing the professionalism of after-sales teams[198]. - All service processes have been brought online to ensure the delivery of SLAs and enable visibility and traceability across the service lifecycle[199]. - A professional customer service team has been established, engaging senior technical experts to standardize workflows and improve response speed[200]. - The Company focuses on three core pillars: standardization, management, and processes, to enhance service delivery and customer satisfaction[198]. - Kingsoft Cloud emphasizes a customer-centric service philosophy, aiming to deliver a more professional and attentive service experience[198]. - The collaboration between cloud computing, edge cloud, core infrastructure, and technical support teams ensures stable and efficient services that meet diverse customer needs[200]. Employee Engagement and Integrity - Kingsoft Cloud's female members accounted for 12% of the executive management and 38% of the total workforce as of December 31, 2024[50]. - The Company organized 19 integrity-themed education activities and training sessions, resulting in 29,421 interactions across various communication channels[152]. - The Company established a whistleblowing mechanism, encouraging real-name and anonymous reporting of non-compliant behaviors[154]. - Kingsoft Cloud's integrity initiatives included the "Sunshine Classroom" program, enhancing ethical awareness among employees[146]. - In 2024, there was no fraud action or litigation proceeding against Kingsoft Cloud or its employees[140].

Kingsoft Cloud Holdings Limited 金山云控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） (Stock Code 股份代號: 3896) Date as postmarked Dear Non-Registered Holder(s) (Note 1) , Notification of publication of corporate communication on the websites We hereby notify you that the English and Chinese versions of the 2024 Annual Report (the "Current Corporate Communication") and Environmental, Social and Governance Report 2024 (the "2024 ESG Report") of Kingsoft Cloud Holdings Limited ( ...

Kingsoft Cloud Holdings Limited 金山雲控股有限公司 (Incorporated in the Cayman Islands with limited liability) 2. AMENDING YOUR CHOICE OF MEANS OF RECEIPT AND LANGUAGE OF CORPORATE COMMUNICATIONS If you would like to (i) receive the Current Corporate Communication in printed form; and/or (ii) change your means of receipt (in printed form or by electronic means through our website) and/or choice of language (English and/or Chinese) of all future Corporate Communications, please complete the enclosed change request fo ...

BEIJING, April 15, 2025 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (“SEC”) on April 15, 2025. The annual report can be accessed on the Company's investor relations website at http://ir.ksyun.com as well as the SEC's website at http://www.se ...

1 務實聚勢 築牢企業發展基石 錨定可持續發展坐標 循勢謀遠 支持創新 構建誠信發展生態 同心致遠 共饗企業發展碩果 穩定運營 打造值得信賴的雲服務 綠色行動 共築生態和諧家園 源頭管理 共建可持續供應鏈 立足自身 共繪公益慈善藍圖 目 錄 | CONTENTS | 關於本報告 | 01 | 董事長致辭 | 02 | 關於金山雲 | 03 | | --- | --- | --- | --- | --- | --- | --- | | | 01 務實聚勢 築牢企業發展基石 | | 02 循勢謀遠 錨定可持續發展坐標 | | 03 支持創新 構建誠信發展生態 | | | | 治理架構 | 09 | 董事會聲明 | 12 | 知識産權管理 | 16 | | | 董事會獨立性及多元化 | 09 | ESG 管治架構 | 12 | 廉潔建設 | 20 | | | 風險管理與内部控制 | 10 | 利益相關方溝通 | 13 | | | | | | | 重要性議題分析 | 14 | | | | | 04 穩定運營 打造值得信賴的雲服務 | | 05 同心致遠 共饗企業發展碩果 | | 06 綠色行動 共築生態和諧家園 | ...