Kingsoft reports stable capital, repurchases shares for cancellation

Kingsoft Corporation Limited, an equity issuer, reported no changes to its authorized/registered share capital for the month ended August 31, 2025. The total authorized/registered share capital remains at $1,200,000, derived from 2,400,000,000 ordinary shares with a par value of $0.0005 each. The company also reported no movements in its issued shares or treasury shares from share option exercises or other agreements during the period.

However, Kingsoft initiated a repurchase of 2,458,600 shares for cancellation, which had not yet been cancelled as of the reporting date. Outstanding share options include 2,529,800 under a scheme from December 2011 with an exercise price of HK$20.25, and 5,500,000 under a scheme from December 2021 with an exercise price of HK$31.69. The maximum number of shares that may be issued upon exercise of all share options under the 2021 scheme is 131,520,371.

Furthermore, Kingsoft noted the grant of 26,000 awarded shares in March 2022, with 9,360 shares remaining, and 69,300 awarded shares in March 2023, with 32,520 shares remaining after accounting for an employee ceasing to be a selected employee. These awarded shares will be satisfied by the issue of new shares.