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金山軟件：持續關連交易KOSC與小米新加坡之間的廣告服務協議

KINGSOFT: CONTINUING CONNECTED TRANSACTIONS THE ADVERTISEMENT SERVICE AGREEMENT BETWEEN KOSC AND XIAOMI SINGAPORE

HKEX ·  Nov 19 08:04

Summary by Moomoo AI

金山軟件有限公司（KINGSOFT）宣布，其非全資附屬公司KOSC於2024年11月19日與小米新加坡簽訂廣告服務協議，該協議涉及KOSC透過其應用程式向小米新加坡及其客戶提供海外廣告服務。該協議自2024年4月1日起至2025年12月31日止。根據協議，KOSC將在其應用程式上提供廣告服務，並授予小米新加坡一定的特許權。2024年的廣告分成收入為2,970,000美元，而2025年的最低廣告分成收入為4,000,000美元。小米新加坡為金山軟件董事及主要股東雷軍先生的全資附屬公司，因此該交易被視為持續關連交易。雷軍先生已放棄就該協議的董事會決議案投票。金山軟件表示，此次合作將有助於擴大WPS Office的用戶群，提升品牌知名度及影響力。
金山軟件有限公司（KINGSOFT）宣布，其非全資附屬公司KOSC於2024年11月19日與小米新加坡簽訂廣告服務協議，該協議涉及KOSC透過其應用程式向小米新加坡及其客戶提供海外廣告服務。該協議自2024年4月1日起至2025年12月31日止。根據協議，KOSC將在其應用程式上提供廣告服務，並授予小米新加坡一定的特許權。2024年的廣告分成收入為2,970,000美元，而2025年的最低廣告分成收入為4,000,000美元。小米新加坡為金山軟件董事及主要股東雷軍先生的全資附屬公司，因此該交易被視為持續關連交易。雷軍先生已放棄就該協議的董事會決議案投票。金山軟件表示，此次合作將有助於擴大WPS Office的用戶群，提升品牌知名度及影響力。
Kingsoft Corporation Limited (KINGSOFT) announced that its non-wholly owned subsidiary KOSC signed an advertising service agreement with Xiaomi Singapore on November 19, 2024. The agreement involves KOSC providing overseas advertising services to Xiaomi Singapore and its clients through its applications. The agreement is effective from April 1, 2024, to December 31, 2025. According to the agreement, KOSC will provide advertising services on its applications and grant Xiaomi Singapore certain licensing rights. The advertising revenue share for 2024 is set at $2,970,000, while the minimum advertising revenue share for 2025 is $4,000,000. Xiaomi Singapore is a wholly-owned subsidiary of Mr. Lei Jun, a director and major shareholder of Kingsoft Corporation, therefore this trade is considered a continuing connected transaction. Mr. Lei Jun has abstained from voting on the board of directors resolution related to this agreement. Kingsoft stated that this cooperation will help expand the user base of WPS Office and enhance brand awareness and influence.
Kingsoft Corporation Limited (KINGSOFT) announced that its non-wholly owned subsidiary KOSC signed an advertising service agreement with Xiaomi Singapore on November 19, 2024. The agreement involves KOSC providing overseas advertising services to Xiaomi Singapore and its clients through its applications. The agreement is effective from April 1, 2024, to December 31, 2025. According to the agreement, KOSC will provide advertising services on its applications and grant Xiaomi Singapore certain licensing rights. The advertising revenue share for 2024 is set at $2,970,000, while the minimum advertising revenue share for 2025 is $4,000,000. Xiaomi Singapore is a wholly-owned subsidiary of Mr. Lei Jun, a director and major shareholder of Kingsoft Corporation, therefore this trade is considered a continuing connected transaction. Mr. Lei Jun has abstained from voting on the board of directors resolution related to this agreement. Kingsoft stated that this cooperation will help expand the user base of WPS Office and enhance brand awareness and influence.
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