Summary by Moomoo AI
On July 4th, 2024, Kingsoft submitted its latest monthly report on securities changes to Hong Kong Exchanges and Clearing Limited, covering the situation up to June 30th, 2024. The report shows that the company's statutory/registered share capital remains at 2,400,000,000 shares, with a par value of 0.0005 USD per share, totaling 1,200,000 USD. At the same time, the issued shares (excluding treasury shares) increased from 1,339,167,117 shares last month to 1,339,184,157 shares, an increase of 17,040 shares. These new shares come from the exercise of the share incentive plan, including 26,000 shares granted on March 25th, 2022 and 69,300 shares granted on March 27th, 2023. In addition, the company repurchased and intends to cancel 1,802,400 shares on May 23rd, 2024. According to the stock options plan, Kingsoft may issue up to 131,520,371 new shares. The report also mentioned a HKD 3,100,000,000 0.625% convertible bonds, which will mature in 2025 and may be converted into 89,157,320 shares.
