Kingsoft Cloud Holdings Ltd

The company provides various cloud services to customers in strategically selected industries, aiming to be their trusted partner for digitalization. It helps customers achieve digitalization and intelligent upgrades through its cloud infrastructure, advanced cloud products, industry-specific solutions, and end-to-end project fulfillment and deployment. The company offers advanced cloud products including unified IaaS infrastructure, PaaS middleware, certain SaaS applications, and AI solutions, supporting diverse business objectives. Solutions are delivered holistically, merging cloud offerings with dedicated customer services covering planning, solution development, fulfillment, deployment, maintenance, and upgrades, primarily executed by in-house professionals. The company has expanded into selected industries, building a strong market presence and accumulating proprietary industry knowledge from featured projects with industry leaders. This enables the provision of high-quality, industry-specific cloud solutions. Research and development efforts are aligned with business focuses to swiftly develop new product modules and features tailored to customer needs. The company employs a premium customer strategy, focusing on leading enterprises in selected industries. It had 486 Premium Customers in 2023, 492 in 2024, and 473 in 2025. Revenue increased by 10.5% from RMB7,047.5 million in 2023 to RMB7,785.2 million in 2024, and further increased by 22.8% to RMB9,558.6 million (US$1,366.9 million) in 2025.