Summary by Futu AI
On June 25, 2024, Kingsoft submitted its disclosure report for the following day, which disclosed the company's shareholding changes. The report shows that Kingsoft conducted a share buyback activity in accordance with the regulations of the Hong Kong Stock Exchange from June 17 to 25, 2024, repurchasing a total of 1,100,000 shares, accounting for 0.08% of the issued shares. The repurchased shares will be cancelled, and within 30 days of the buyback, the company will not issue new shares or sell any inventory shares. The share buyback has been formally authorized by the board of directors and complies with all relevant listing rules and legal requirements.