Summary by Moomoo AI
Kingsoft Cloud Holdings Limited announced on December 31, 2024, that all proposed resolutions were adopted at its Extraordinary General Meeting (EGM) held in Beijing. The resolutions, as outlined in the notice dated November 29, 2024, received shareholder approval.The company, a leading independent cloud service provider in China, reaffirmed its commitment to strategic and operational plans. However, Kingsoft Cloud cautioned that forward-looking statements involve inherent risks and uncertainties, citing factors such as government policies, economic conditions, and business development that could cause actual results to differ from projections.Kingsoft Cloud (NASDAQ: KC, HKEX: 3896) emphasizes its position in the Chinese cloud market, highlighting its extensive infrastructure, cloud-native products, and industry-specific solutions. The company serves strategically selected verticals, leveraging its research and development capabilities in cloud technology.
