Kingsoft repurchases shares, total issued capital unchanged

Kingsoft Corporation Limited, an equity issuer, submitted its Next Day Disclosure Return on December 10, 2025. The company reported no changes in its issued shares (excluding treasury shares) for the period, maintaining an opening and closing balance of 1,400,425,790 ordinary shares. This indicates that while repurchases occurred, they did not lead to a reduction in issued capital during the disclosed period.

The report detailed a significant share repurchase on December 10, 2025. Kingsoft repurchased 345,000 ordinary shares on the Exchange at a volume-weighted average price of HK$28.9775, with the highest repurchase price at HK$29.2 and the lowest at HK$28.6. The aggregate price paid for these repurchased shares amounted to HK$9,997,228. All repurchased shares are designated for cancellation.

As of December 10, 2025, the total number of shares repurchased for cancellation but not yet cancelled included 17 separate transactions, with the latest being 345,000 shares on December 10, 2025. The company is authorized to repurchase a total of 140,042,579 shares under a mandate granted on May 29, 2025, with 7,073,200 shares already repurchased on the Exchange under this mandate, representing 0.51% of the issued shares at the mandate date. A moratorium period for new share issues or treasury share sales after repurchases is in effect until January 9, 2026.