- Kingsoft Cloud (NASDAQ: KC, HKEX: 3896) filed its annual 20-F report and 2024 ESG report with the SEC.
- The company achieved the highest ITSS Level 1 maturity certification and partnered with Xiaomi for a green development platform.
- Kingsoft Cloud supported over 600 left-behind children and financially assisted 51 impoverished students.
Kingsoft Cloud Holdings Limited (NASDAQ: KC, HKEX: 3896), a prominent cloud service provider in China, has filed its annual report on Form 20-F for fiscal year 2024 with the Securities and Exchange Commission (SEC) on April 15, 2025. The report is accessible on both the company's investor relations website and the SEC's official site. Additionally, Kingsoft Cloud has released its 2024 Environmental, Social, and Governance (ESG) Report, providing insights into its ESG advancements over the past year.
The company reported several key achievements in its 2024 ESG report. Kingsoft Cloud's Legal team was recognized among China's Top 15 New Technology In-House Teams by Thomson Reuters' Asian Legal Business (ALB). The company also emphasized its commitment to talent development by implementing various cloud-focused talent programs, such as the Chuanyun, Lingyun, Qingyun, and Yunyi Projects.
In a significant development, Kingsoft Cloud achieved the highest Level 1 maturity in the ITSS Operation and Maintenance Standard Compliance Assessment, showcasing its comprehensive capabilities in product portfolios, industry-specific solutions, advanced technology R&D, and efficient operational frameworks. This level of certification attests to the company's robust position in the market.
Strengthening its commitment to environmental sustainability, Kingsoft Cloud has partnered with Xiaomi to develop a platform for green and sustainable development. This partnership is set to advance Xiaomi's "Human x Car x Home" smart ecosystem and their zero-carbon philosophy.
On the social responsibility front, Kingsoft Cloud supported over 600 left-behind children with educational and living supplies. Furthermore, the company provided financial assistance to 51 impoverished students, an initiative that earned them the "2024 Social Responsibility Contribution Award" from the Internet Society of China under the Ministry of Industry and Information Technology (MIIT).
