Kingsoft Office adjusts equity plan, reports strong Q3 2025 growth

Beijing Kingsoft Office Software's board approved an adjustment to the exercise price of its 2022 restricted stock incentive plan from 43.55 yuan to 42.65 yuan per share. This adjustment follows the implementation of the company's 2024 annual profit distribution plan, which included a cash dividend of 0.89852 yuan per share. The company reported strong financial performance for the third quarter of 2025, with operating revenue of 1.521 bn yuan, a 25.33% year-on-year increase, and net profit attributable to shareholders of 431.23m yuan, up 35.42%.

In a move to refine corporate governance, the board proposed the abolition of the supervisory board, with its functions to be absorbed by the board's audit committee. This decision necessitates extensive revisions to the company's articles of association, including the removal of all supervisory board-related provisions and the addition of clauses pertaining to employee directors and independent directors. These changes, along with updates to capital due to recent restricted stock, will be presented for shareholder approval at an extraordinary general meeting on November 18, 2025.