Kingsoft Cloud Releases 2024 Annual Report (Form 20-F) and ESG Report

BEIJING, April 15, 2025 — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a prominent cloud service provider in China, announced the filing of its annual report on Form 20-F for the fiscal year concluding on December 31, 2024, with the Securities and Exchange Commission (“SEC”) on April 15, 2025. The report is available on the Company’s investor relations website at and the SEC’s website at .

Shareholders and ADS holders can obtain hard copies of the annual report, including audited consolidated financial statements, free of charge, by sending requests to ksc-ir@kingsoft.com.

Additionally, the Company released its 2024 Environmental, Social and Governance (ESG) Report (the “ESG Report”), offering an extensive review of the Company’s ESG progress over the past year. This includes areas such as business ethics, responsible operation, talent development, green development, sustainable supply chain, and corporate responsibility.

Key improvements in ESG practices include:

  • The Company’s Legal team was recognized as one of the Top 15 New Technology In-House Teams in China for 2024 by Thomson Reuters’ Asian Legal Business (ALB).
  • Extensive efforts have been made to strengthen talent development through projects like the Chuanyun (Through-the-Cloud) Project, Lingyun (Over-the-Cloud) Project, Qingyun (Upholding-the-Cloud) Project, and Yunyi (Cloud-on-Wings) Project. The company was named a “2024 Most Popular Employer for Campus Recruitment” in the Top “Smart” Employer Awards by CIIC’s ACMcoder.
  • Kingsoft Cloud successfully passed the ITSS (Information Technology Service Standards) Operation and Maintenance Standard Compliance Assessment, achieving Level 1 maturity, the highest possible. This highlights the Company’s capabilities, including product portfolios, industry solutions, core technology R&D, operational frameworks, and implementations across government and financial sectors.
  • Leveraging cloud and AI, Kingsoft Cloud is partnering with Xiaomi to develop a platform for green and sustainable development, covering Xiaomi’s “Human x Car x Home” smart ecosystem. The collaboration aims to implement Xiaomi’s zero-carbon strategy and promote a low-carbon future.
  • The company supported over 600 left-behind children/de facto orphans with learning and living supplies, and donated an additional RMB 100,000 to cover annual living expenses for 51 impoverished students/de facto orphans. The Internet Society of China, under the Ministry of Industry and Information Technology (MIIT), recognized this initiative with the “2024 Social Responsibility Contribution Award.”

For more information on Kingsoft Cloud’s ESG activities and to view the complete ESG Report, please visit .

About Kingsoft Cloud Holdings Limited

Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) is a leading cloud service provider in China. With cloud infrastructure, cloud-native products based on technology research and development, industry-specific solutions, and fulfillment and deployment, Kingsoft Cloud offers cloud service to customers.

For more information, please visit: .

For investor and media inquiries, please contact:

Kingsoft Cloud Holdings Limited
Nicole Shan
Tel: +86 (10) 6292-7777 Ext. 6300
Email: ksc-ir@kingsoft.com