Kingsoft cloud announces plan to explore hong kong listing

Beijing, march 15, 2022 (globe newswire) -- kingsoft cloud holdings limited (nasdaq: kc) (“kingsoft cloud” or the “company”), a leading independent cloud service provider in china, today announced that in order to provide our shareholders with greater liquidity and protection amid an evolving market and regulatory environment, we are exploring a dual listing of our ordinary shares on the main board of the hong kong stock exchange, subject to regulatory approvals and market conditions. in the meantime, we will keep focused on driving our sustainable development as a u.s. listed company through innovation and technology to maximize shareholder value. despite recent fluctuations in our stock price, our business operations remain normal and uninterrupted.
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