Kingsoft Office(SH:688111) Chang Jiang Shang Bao·2025-04-07 01:09Core Viewpoint - Kingsoft Office (688111.SH) has achieved record-high performance, with shareholders inquiring about transferring equity [2][5] Group 1: Shareholder Equity Transfer - Shareholders, including Tianjin Qiwen Yiwei Enterprise Management Consulting Partnership, are transferring a total of 7.76 million shares, accounting for 1.68% of the total share capital, at a price of 267.5 CNY per share, totaling 2.076 billion CNY [2][3] - The transfer has attracted 19 institutional investors, with a total effective subscription of 12.264 million shares, resulting in a subscription multiple of approximately 1.6 times [3] Group 2: Financial Performance - Kingsoft Office reported record-high revenues of 5.121 billion CNY and net profits of 1.645 billion CNY for 2024, representing year-on-year growth of 12.4% and 24.84% respectively [5][6] - The company’s revenue and net profit for the years 2021 to 2023 were 3.280 billion CNY, 3.885 billion CNY, and 4.556 billion CNY, and 1.041 billion CNY, 1.118 billion CNY, and 1.318 billion CNY respectively, with significant year-on-year growth rates [5] Group 3: Research and Development Investment - Kingsoft Office has maintained high R&D investment, with cumulative R&D expenses of 5.581 billion CNY from 2021 to 2024, and an R&D expense ratio of 33.14% [7] - The company plans to further integrate AI as a core technology in its products over the next five years [7] Group 4: New Headquarters in Wuhan - Kingsoft Office announced the relocation to a new headquarters in Wuhan with a total investment of 4 billion CNY, aimed at enhancing technology R&D and talent cultivation [8][9] - The new campus will serve as the largest R&D base for Kingsoft Group, with plans to expand the workforce to 10,000 [9]