Kingsoft Cloud Holdings Limited

Kingsoft Cloud Holdings Limited (NASDAQ: KC / 03896.HK) was created in 2012 within the Kingsoft and Xiaomi ecosystem and is headquartered in Beijing. It is China's leading independent, vendor-neutral public-cloud provider, serving games, video, finance, government, healthcare and other verticals with IaaS, PaaS and industry solutions. It listed on NASDAQ on 8 May 2020, pricing 30 million ADS at USD 17 each and raising USD 510 million, and completed a dual-primary listing on the HKEX main board by way of introduction on 30 December 2022. In 2025 total revenue reached RMB 9.559 billion (up 22.8% year on year), with public-cloud revenue of RMB 6.634 billion (up 32.5%) and industry-cloud revenue of RMB 2.925 billion (up 5.3%); net loss narrowed 52.3% to RMB 944 million. The company is expanding AI intelligent-computing clusters, including a flagship cluster in Qingyang, Gansu, a national 'East-to-West Computing' hub. Chairman and acting CEO Zou Tao (邹涛).

• 012025 revenue of RMB 9.559 billion, up 22.8%; public-cloud revenue up 32.5% to RMB 6.634 billion.
• 02Net loss narrowed 52.3% to RMB 944 million in 2025.
• 03Listed on NASDAQ in 2020 (raised USD 510 million) and dual-primary-listed on HKEX in 2022.
• 04Chairman and acting CEO Zou Tao (邹涛); HKEX ticker 03896.HK.

1. May 8, 2020

   IPO

   USD 5.1 亿

   Source

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