智通财经网·2025-07-29 11:45Core Viewpoint - Kingsoft Cloud has entered into a cooperation framework agreement with Xiaomi, which includes the purchase of IDC services and network hardware, aimed at enhancing its cloud service capabilities and operational efficiency [1] Group 1: Agreement Details - The agreement is set to commence on July 29, 2025, with an initial term of three years for IDC services and one year for network hardware [1] - Kingsoft Cloud will utilize Xiaomi's existing IDC services and procure network hardware from Xiaomi, leveraging their long-term business relationship [1] Group 2: Strategic Benefits - The collaboration is expected to promote product innovation and business growth by integrating Xiaomi's advanced services and products with Kingsoft Cloud's offerings [1] - The terms and conditions for services and products from Xiaomi are comparable to those from independent third-party providers, ensuring stable and high-quality sources for IDC services and network hardware [1] - This partnership will reduce administrative costs associated with sourcing similar services from multiple providers, thereby improving overall operational efficiency [1]