AGM/EGMMay 29, 2026, 06:12 AM
Kingsoft Cloud to Hold Annual General Meeting on June 30, 2026
AI Summary
Kingsoft Cloud Holdings Ltd announced it will hold its Annual General Meeting (AGM) on June 30, 2026, in Beijing. Shareholders will consider and vote on several key resolutions, including the re-election of directors, re-appointment of the auditor, and mandates for share issuance and repurchase. Other significant proposals include the adoption of a new share incentive plan, amendments to the company's articles of association, and the approval of continuing connected transactions with Xiaomi.
Key Highlights
- Kingsoft Cloud to hold its Annual General Meeting (AGM) on June 30, 2026, at 10:00 a.m. Hong Kong time in Beijing.
- Shareholders will vote on the re-election of Mr. Qu Heng, Mr. Zhang Duo, and Ms. Qu Jingyuan as Directors.
- Proposal to re-appoint Ernst & Young as the company's auditor for the year ending December 31, 2026.
- Consideration of a general mandate to issue and deal with additional shares and/or ADSs, not exceeding 20% of issued shares.
- Consideration of a general mandate to repurchase shares and/or ADSs, not exceeding 10% of issued shares.
- Proposal to approve and adopt the 2026 Share Incentive Plan and related scheme mandate limits.
- Approval of proposed amendments to the Second Amended and Restated Memorandum and Articles of Association.
- Approval and confirmation of the 2024 Xiaomi Framework Agreement and 2025 Xiaomi Cooperation Framework Agreement with revised annual caps for 2026 and 2027.
Price Impact
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