Kingsoft Cloud Secures Key Approvals for Future Growth

Kingsoft Cloud Holdings Ltd (HK:3896) has released an update.

Kingsoft Cloud Holdings Ltd recently held an extraordinary general meeting where shareholders overwhelmingly approved significant framework agreements with Kingsoft Corporation and Xiaomi. The resolutions included authorizing the execution and implementation of these agreements, which set the stage for cloud services and related transactions through 2027. This development marks an important milestone for Kingsoft Cloud as it solidifies partnerships with major companies, potentially impacting its future growth trajectory.

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