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Kingsoft Cloud Files Annual Report on Form 20-F for Fiscal Year 2024 and Releases 2024 Environmental, Social and Governance Report
Globenewswireยท 2025-04-15 12:32
Core Insights - Kingsoft Cloud Holdings Limited filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC on April 15, 2025 [1] - The company published its 2024 Environmental, Social and Governance (ESG) Report, detailing its progress in various ESG practices [3] Company Overview - Kingsoft Cloud is a leading cloud service provider in China, offering comprehensive and reliable cloud services through extensive infrastructure and advanced technology [4] - The company has received recognition for its legal team, being named one of the 2024 China Top 15 New Technology In-House Teams by ALB [6] ESG Initiatives - Kingsoft Cloud has made significant improvements in its ESG practices, focusing on business ethics, responsible operation, talent development, green development, sustainable supply chain, and corporate responsibility [3] - The company partnered with Xiaomi to create a platform for green and sustainable development, aligning with Xiaomi's zero-carbon philosophy [6] Talent Development - The company has implemented several talent development projects, including the Chuanyun, Lingyun, Qingyun, and Yunyi projects, to strengthen its talent pipeline [6] - Kingsoft Cloud was awarded the "2024 Most Popular Employer for Campus Recruitment" in the Top "Smart" Employer Awards [6] Social Responsibility - The company supported over 600 left-behind children and donated additional funds to impoverished students, earning the "2024 Social Responsibility Contribution Award" from the Internet Society of China [6]