Kingsoft Cloud Submits 20-F and ESG Reports for Fiscal 2023

Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: KSFTF, a premier standalone cloud service provider based in China, disclosed the filing of its annual report on Form 20-F with the U.S. Securities and Exchange Commission for the fiscal year that concluded at year-end. Marking a commitment to corporate responsibility and sustainable practices, Kingsoft Cloud also published its 2023 Environmental, Social, and Governance (ESG) Report, enlightening stakeholders on the company's strategies and performance in these critical areas.

Financial Reporting Details

The comprehensive Form 20-F filing is a mandatory annual report for foreign companies listed on U.S. stock exchanges, providing a detailed view of the company's financial performance, including audited financial statements, operational highlights, and executive compensation, among other important disclosures. For investors and analysts, this report is a crucial tool in assessing the financial health and strategic direction of Kingsoft Cloud.

Commitment to ESG Principles

In conjunction with the financial report, Kingsoft Cloud's release of the 2023 ESG Report underscores the company's dedication to sustainable business practices and social responsibility. The report elaborates on the company's initiatives and accomplishments in environmental stewardship, social contribution, and governance integrity, showcasing how ESG considerations are woven into the fabric of Kingsoft Cloud's corporate strategy.

About Kingsoft Cloud

Kingsoft Cloud Holdings Limited, with its headquarters nestled in Beijing, the People's Republic of China, has established itself as a leading independent provider of comprehensive cloud services. Catering primarily to businesses and organizations across China, the company's portfolio of cloud-based solutions is designed to support the digital transformation and innovation strategies of its clientele.

Kingsoft, Cloud, ESG