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2022-01-05

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2022-01-04

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3 Stocks Insiders Are Buying

2022-01-03

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2021-12-29

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2021-12-03

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2021-11-25

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Why Allbirds Stock Should Be on Your Watchlist

2021-11-24

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Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results

2021-11-23

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10 Biggest Price Target Changes For Friday

2021-11-18

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4 Stocks Insiders Are Selling

2021-11-17

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Volkswagen powers up the grid to take on Tesla

2021-11-17

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Volkswagen powers up the grid to take on Tesla

2021-11-16

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20:19","market":"us","language":"en","title":"3 Stocks Insiders Are Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=1171542369","media":"Benzinga","summary":"When insiders purchase shares, it indicates their confidence in the company's prospects or that they","content":"<html><head></head><body><p>When insiders purchase shares, it indicates their confidence in the company&#39;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.</p><p>Below is a look at a few recent notable insider purchases.</p><p><b>Asana</b></p><ul><li><b>The Trade:Asana, Inc.</b>(NYSE:ASAN) President, CEO and Chair Dustin Moskovitz <i>acquired a total of 1000000 shares</i> at an average price of $73.70. To acquire these shares, it cost $73,701,005.04.</li><li><b>What’s Happening:</b> The company’s stock gained around 9% over the previous month.</li><li><b>What Asana Does:</b> Asana Inc is a software company. The company provides a platform for work management that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives.</li></ul><p><b>Superior Industries International</b></p><ul><li><b>The Trade:</b> <b>Superior Industries International, Inc.</b>(NYSE:SUP) 10% owner Thomas Lynch<i>acquired a total of 137112 shares</i> at an average price of $8.87. To acquire these shares, it cost $1,215,935.37.</li><li><b>What’s Happening:</b> The company, in November, posted a wider-than-expected quarterly loss.</li><li><b>What Superior Industries International Does:</b> Superior Industries International Inc is a manufacturer of aluminum wheels for passenger automobiles and light-duty vehicles.</li></ul><p><b>RF Industries</b></p><ul><li><b>The Trade:RF Industries, Ltd.</b>(NASDAQ:RFIL) Director Mark Holdsworth<i>bought a total of 33480 shares</i> at an average price of $7.87. To acquire these shares, it cost $263,552.34.</li><li><b>What’s Happening:</b>RF Industries recently reported fourth-quarter FY21 net sales growth of 97% year-on-year to $21.1 million.</li><li><b>What RF Industries Does:</b>RF Industries Ltd is engaged in the design, manufacture, and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables.</li></ul></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks Insiders Are Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks Insiders Are Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-04 20:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/long-ideas/22/01/24876324/3-stocks-insiders-are-buying><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24876324/3-stocks-insiders-are-buying\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RFIL":"RF Industries","ASAN":"阿莎娜"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24876324/3-stocks-insiders-are-buying","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171542369","content_text":"When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.Below is a look at a few recent notable insider purchases.AsanaThe Trade:Asana, Inc.(NYSE:ASAN) President, CEO and Chair Dustin Moskovitz acquired a total of 1000000 shares at an average price of $73.70. To acquire these shares, it cost $73,701,005.04.What’s Happening: The company’s stock gained around 9% over the previous month.What Asana Does: Asana Inc is a software company. The company provides a platform for work management that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives.Superior Industries InternationalThe Trade: Superior Industries International, Inc.(NYSE:SUP) 10% owner Thomas Lynchacquired a total of 137112 shares at an average price of $8.87. To acquire these shares, it cost $1,215,935.37.What’s Happening: The company, in November, posted a wider-than-expected quarterly loss.What Superior Industries International Does: Superior Industries International Inc is a manufacturer of aluminum wheels for passenger automobiles and light-duty vehicles.RF IndustriesThe Trade:RF Industries, Ltd.(NASDAQ:RFIL) Director Mark Holdsworthbought a total of 33480 shares at an average price of $7.87. To acquire these shares, it cost $263,552.34.What’s Happening:RF Industries recently reported fourth-quarter FY21 net sales growth of 97% year-on-year to $21.1 million.What RF Industries Does:RF Industries Ltd is engaged in the design, manufacture, and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables.","news_type":1,"symbols_score_info":{"ASAN":0.9,"RFIL":0.9,"SUP":0.9}},"isVote":1,"tweetType":1,"viewCount":1472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692737997,"gmtCreate":1641214604869,"gmtModify":1641214604952,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/692737997","repostId":"2200212944","repostType":4,"isVote":1,"tweetType":1,"viewCount":2117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696745131,"gmtCreate":1640781567276,"gmtModify":1640781567373,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/696745131","repostId":"2195145259","repostType":4,"isVote":1,"tweetType":1,"viewCount":3008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691879428,"gmtCreate":1640175717341,"gmtModify":1640175717675,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691879428","repostId":"2193019949","repostType":4,"isVote":1,"tweetType":1,"viewCount":2038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606674764,"gmtCreate":1638879556961,"gmtModify":1638879557080,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606674764","repostId":"1168326906","repostType":4,"isVote":1,"tweetType":1,"viewCount":1673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601287325,"gmtCreate":1638535473439,"gmtModify":1638535473439,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601287325","repostId":"1177709350","repostType":4,"isVote":1,"tweetType":1,"viewCount":2705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877068385,"gmtCreate":1637844272632,"gmtModify":1637844272686,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877068385","repostId":"1183589105","repostType":4,"repost":{"id":"1183589105","kind":"news","pubTimestamp":1637830295,"share":"https://www.laohu8.com/m/news/1183589105?lang=&edition=full","pubTime":"2021-11-25 16:51","market":"us","language":"en","title":"Why Allbirds Stock Should Be on Your Watchlist","url":"https://stock-news.laohu8.com/highlight/detail?id=1183589105","media":"Motley Fool","summary":"Since its initial public offering in October, Allbirds  stock has plunged 35%, but investors shouldn","content":"<p>Since its initial public offering in October,&nbsp;<a href=\"https://laohu8.com/S/BIRD\"><b>Allbirds</b>&nbsp;</a>&nbsp;stock has plunged 35%, but investors shouldn't give up just yet. This eco-friendly shoemaker is building a recognizable brand, and its business is trending toward profitability. In this&nbsp;<i>Backstage Pass</i>video,&nbsp;<b>recorded on</b>&nbsp;<b>Nov. 8</b>, Motley Fool analyst Asit Sharma shares his thoughts on Allbirds.</p>\n<p><b>Asit Sharma:</b>This is a shoe made by a company called Allbirds. It is a high-tech shoe. The story behind this company is that a very well-regarded soccer football player in European terms, in New Zealand, a national star, wanted to make a better running shoe. Sheep outnumber humans at a ratio of something like 7-to-1 in New Zealand, so his shoe uses composite materials, part wool, part high-tech materials. Tim Brown, teamed up with an engineer named Joey Zwillinger, to help them design the shoe, which is reminiscent of how Nike got started decades ago. This brand, Allbirds, is an emerging global brand in the sneaker industry. I'm going to run through all this pretty quickly here.</p>\n<p>It is a next-generation runner's shoe. The revenue growth rate of this company is 32%. That's not quarter over quarter, as I presented with&nbsp;<b>UiPath</b>. This is actually a compounded annual growth rate for the last few years, which is pretty fast for a sneaker company.</p>\n<p>It works on a direct-to-consumer plus a store footprint model. They've got about 22 stores globally. The rest is e-commerce. They have a gross margin of 52% -- actually, just for fun, I've lined up the same bullet points that I used with UiPath for totally different type of company -- 52% percent in this case is pretty good. I often talk, if you listen to<i>Industry Focus</i>by any chance, on that show, about manufacturers. Rule of thumb, across different manufacturing industries, you need to get above 50% to be able to scale and show eventual profit on the bottom line if you're a growth company, especially a consumer-facing company that is outsourcing its manufacturing distribution. They do that. So I like that margin profile.</p>\n<p>I talked about these two co-founders, Joey or Joe Zwillinger and Tim Brown, not Tom Brown. Speaking of Freudian slips, I can correct that in real-time, they own 13% of shares. The strategic edge here is brand strength. Don't ignore brand strength. I did this personally with&nbsp;<b>Yeti</b>, which had very similar characteristics to this company, and I thought, \"What is this small upstart challenger brand going to do?\" Yeti is becoming a very well-known brand in its own space. Numerous other examples that I can cite, but really briefly here, just to show you a couple of more things.</p>\n<p>This is their growth rate that I talked about, that 32% annual compounded annual growth rate. Digital is growing at about the same rate because it propels most of the sales. You see here the progression of their gross margin. That expense, I think is going to increase a little bit. They have one statistic that really interests me, in that -- let me see if I can find it really quickly, because I changed this up a little bit for time, I'm omitting some things. Bear with me. I will get it. Here we go. 100% of all their purchasing cohorts have contribution profits that make it profitable within the first month of purchase. What that means is, after you account for the materials, the cost of the shoe, the buying cohorts that come in, 100% of them are contributing positive. Basically, think of it similar to gross margin to this company. Basically, they just have to figure out their fixed cost as they scale. There's a clear path to profitability with the company. Then I will finish up here just by showing you this is pre-IPO. They just went public, had a spectacular debut. I think the stock nearly doubled. Just to show you the balance sheet is pretty solid even before their IPO. You see here there's about $160-odd million of working capital. The company has roughly $200 million in annual revenue.</p>\n<p>Here we go, just looking at the income statement, you can see they're not far from scaling into profitability. This is by choice. They're trying to grab market share.</p>\n<p>This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Allbirds Stock Should Be on Your Watchlist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Allbirds Stock Should Be on Your Watchlist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/24/why-allbirds-stock-should-be-on-your-watchlist/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since its initial public offering in October, Allbirds  stock has plunged 35%, but investors shouldn't give up just yet. This eco-friendly shoemaker is building a recognizable brand, and its business ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/24/why-allbirds-stock-should-be-on-your-watchlist/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIRD":"Allbirds, Inc."},"source_url":"https://www.fool.com/investing/2021/11/24/why-allbirds-stock-should-be-on-your-watchlist/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183589105","content_text":"Since its initial public offering in October, Allbirds  stock has plunged 35%, but investors shouldn't give up just yet. This eco-friendly shoemaker is building a recognizable brand, and its business is trending toward profitability. In this Backstage Passvideo, recorded on Nov. 8, Motley Fool analyst Asit Sharma shares his thoughts on Allbirds.\nAsit Sharma:This is a shoe made by a company called Allbirds. It is a high-tech shoe. The story behind this company is that a very well-regarded soccer football player in European terms, in New Zealand, a national star, wanted to make a better running shoe. Sheep outnumber humans at a ratio of something like 7-to-1 in New Zealand, so his shoe uses composite materials, part wool, part high-tech materials. Tim Brown, teamed up with an engineer named Joey Zwillinger, to help them design the shoe, which is reminiscent of how Nike got started decades ago. This brand, Allbirds, is an emerging global brand in the sneaker industry. I'm going to run through all this pretty quickly here.\nIt is a next-generation runner's shoe. The revenue growth rate of this company is 32%. That's not quarter over quarter, as I presented with UiPath. This is actually a compounded annual growth rate for the last few years, which is pretty fast for a sneaker company.\nIt works on a direct-to-consumer plus a store footprint model. They've got about 22 stores globally. The rest is e-commerce. They have a gross margin of 52% -- actually, just for fun, I've lined up the same bullet points that I used with UiPath for totally different type of company -- 52% percent in this case is pretty good. I often talk, if you listen toIndustry Focusby any chance, on that show, about manufacturers. Rule of thumb, across different manufacturing industries, you need to get above 50% to be able to scale and show eventual profit on the bottom line if you're a growth company, especially a consumer-facing company that is outsourcing its manufacturing distribution. They do that. So I like that margin profile.\nI talked about these two co-founders, Joey or Joe Zwillinger and Tim Brown, not Tom Brown. Speaking of Freudian slips, I can correct that in real-time, they own 13% of shares. The strategic edge here is brand strength. Don't ignore brand strength. I did this personally with Yeti, which had very similar characteristics to this company, and I thought, \"What is this small upstart challenger brand going to do?\" Yeti is becoming a very well-known brand in its own space. Numerous other examples that I can cite, but really briefly here, just to show you a couple of more things.\nThis is their growth rate that I talked about, that 32% annual compounded annual growth rate. Digital is growing at about the same rate because it propels most of the sales. You see here the progression of their gross margin. That expense, I think is going to increase a little bit. They have one statistic that really interests me, in that -- let me see if I can find it really quickly, because I changed this up a little bit for time, I'm omitting some things. Bear with me. I will get it. Here we go. 100% of all their purchasing cohorts have contribution profits that make it profitable within the first month of purchase. What that means is, after you account for the materials, the cost of the shoe, the buying cohorts that come in, 100% of them are contributing positive. Basically, think of it similar to gross margin to this company. Basically, they just have to figure out their fixed cost as they scale. There's a clear path to profitability with the company. Then I will finish up here just by showing you this is pre-IPO. They just went public, had a spectacular debut. I think the stock nearly doubled. Just to show you the balance sheet is pretty solid even before their IPO. You see here there's about $160-odd million of working capital. The company has roughly $200 million in annual revenue.\nHere we go, just looking at the income statement, you can see they're not far from scaling into profitability. This is by choice. They're trying to grab market share.\nThis article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.","news_type":1,"symbols_score_info":{"BIRD":0.9}},"isVote":1,"tweetType":1,"viewCount":1930,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874838355,"gmtCreate":1637754171086,"gmtModify":1637754171086,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874838355","repostId":"2185591503","repostType":4,"repost":{"id":"2185591503","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1637753100,"share":"https://www.laohu8.com/m/news/2185591503?lang=&edition=full","pubTime":"2021-11-24 19:25","market":"us","language":"en","title":"Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2185591503","media":"GlobeNewswire","summary":"BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the ","content":"<p>BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.</p>\n<p>Mr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “As the largest independent cloud service provider in China, we continue to execute our growth strategies as we strive to ‘become the most trusted cloud partner for our customers, and create the digital future together’. Despite headwinds in the macro environment, we are making great strides in building and strengthening relationships with premium customers. Last quarter we engaged with Meituan as our new customer. We have seen these newly engaged premium customers continue to contribute more to our incremental public cloud revenues. We are proud to announce that Pinduoduo, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest e-commerce platforms in China, became a new customer this quarter. We expect the new customer engagement trend continue to boost our public cloud growth. In addition, we have captured the new opportunities amid the regulation changes and started working with Shouqi, one of the emerging ride-hailing applications to empower them navigating the shifting landscape in China since July this year. Through these cooperation, we made further progress in enriching and diversifying our products and solution offerings in different sectors. And lastly, we are on track of integrating Camelot as a part of our efforts to build out our enterprise cloud services business. They currently serve over 500 premium customers and own multiple fulfillment centers, and we are now working on cross selling our services and enhancing our execution capabilities. We believe we are well positioned for long-term and healthy growth in this new era of digitalization.”</p>\n<p>Mr. Henry He, Chief Financial Officer of Kingsoft Cloud added, “Our total revenues were RMB2,413.8 million, up 40% year-over-year. Revenue from public cloud services was RMB1,686.0 million. For the second time in a row, our public cloud incremental revenues rose over RMB100 million sequentially, and it was the seventh consecutive quarterly revenue increase since our IPO. Revenue from enterprise cloud services was RMB726.9 million, a year-over-year increase of 78%. In October, we held our inaugural Kingsoft Cloud Summit &amp; Investor Day. We would like to express our appreciation for all those who attended and for your continued support.”</p>\n<p><b>Third Quarter 2021 Financial Results</b></p>\n<p><b>Total Revenues </b>reached RMB2,413.8 million (US$374.61 million), representing an increase of 39.6% from RMB1,728.8 million in the same period of 2020. The increases were due to the growth in both public cloud services and enterprise cloud services for our premium customers.</p>\n<ul>\n <li>Revenues from public cloud services were RMB1,686.0 million (US$261.7 million), representing an increase of 28.7% from RMB1,309.7 million in the same period of 2020 and a quarter-over-quarter incremental increase of RMB135.2 million. Revenues from public cloud services have been increasing for seven consecutive quarters since our first quarterly results after IPO. The increase was mainly due to our stable relations with top premium customers, engagement with new high-profile customers and cross-selling of our diversified products and solutions.</li>\n <li>Revenues from enterprise cloud services were RMB726.9 million (US$112.8 million), representing an increase of 77.7% from RMB409.1 million in the same period of 2020. The increase was mainly due to the strong demand in the market and our capabilities to provide industry-specific solutions, partially offset by the power shortage issues which delayed certain delivery process of enterprise cloud projects.</li>\n</ul>\n<ul>\n <li>Other revenues were RMB0.9 million (US$0.1 million).</li>\n <li></li>\n</ul>\n<p>_______________</p>\n<p>1 This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b>Cost of revenues </b>was RMB2,325.4 million (US$360.9 million), representing an increase of 43.9% from RMB1,615.9 million in the same period of 2020. IDC costs increased by 33.1% to RMB1,410.9 million (US$219.0 million) from RMB1,060.1 million in the same period of 2020, in line with the Company’s expanding business. Depreciation and amortization costs were RMB200.0 million (US$31.0 million), compared with RMB156.5 million in the same period of 2020.</p>\n<p><b>Gross profit </b>decreased by 21.7% to RMB88.4 million (US$13.7 million), from RMB112.9 million in the same period in 2020. <b>Gross margin </b>was 3.7%, compared with 6.5% in the same period in 2020.</p>\n<p><b>Non-GAAP gross profit</b>2 decreased by 19.7% to RMB92.2 million (US$14.3 million), from RMB114.8 million in the same period in 2020. <b>Non- GAAP gross margin </b>was 3.8%, compared with 6.6% in the same period in 2020. The decrease was primarily due to lower than expected utilization of our underlying public cloud infrastructure which was budgeted based on demand forecast as of the beginning of the year, and industry-wide public cloud demand turned out to be lower than expected.</p>\n<p><b>Selling and marketing expenses </b>were RMB132.2 million (US$20.5 million), compared with RMB96.8 million in the same period in 2020.</p>\n<p><b>General and administrative expenses </b>were RMB156.6 million (US$24.3 million), compared with RMB91.3 million in the same period in 2020.</p>\n<p><b>Research and development expenses </b>were RMB268.7 million (US$41.7 million), compared with RMB167.6 million in the same period in 2020.</p>\n<p>The increase in expenses was primarily due to the increase in salaries, social insurance fees and share-based compensation expenses.</p>\n<p></p>\n<p><b>Operating loss </b>was RMB469.1 million (US$72.8 million), compared with operating loss of RMB242.8 million in the same quarter of 2020.</p>\n<p><b>Net loss </b>was RMB506.7 million (US$78.6 million), compared with net loss of RMB105.3 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP net loss </b>was RMB363.7 million (US$56.4 million), compared with net loss of RMB169.1 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP EBITDA </b>was RMB-140.6 million (US$-21.8 million), compared with RMB-26.3 million in the same quarter of 2020. The decrease of Non-GAAP EBITDA was due to the changes of gross profits, the increase of personnel expenses and one time off Camelot transaction expenses.&nbsp;<b>Non-GAAP EBITDA margin </b>was -5.8%, compared with -1.5% in the same quarter of 2020.</p>\n<p><b>Basic and diluted net loss per share </b>was RMB0.15 (US$0.02), compared with RMB0.03 in the same quarter of 2020.</p>\n<p><b>Cash and cash equivalents and short-term investments </b>were RMB5,994.7 million (US$930.4 million) as of September 30, 2021, compared to RMB5,474.9 million as of June 30, 2021.</p>\n<p><b>Outstanding ordinary shares </b>were 3,625,037,000 as of September 30, 2021, equivalent to about 241,669,133 ADSs.</p>\n<p>_______________</p>\n<p>2 Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.</p>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects total revenues to be between RMB2.63 billion and RMB2.83 billion, representing a year- over-year growth of 37% to 47%. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.</p>\n<p><b><u>Conference Call Information</u></b></p>\n<p>The Company will hold a conference call on Wednesday, November 24, 2021, at 7:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong Time on the same day) to discuss the financial results.</p>\n<p>Participants can register for the conference call by navigating to <u>htt</u>p://a<u>pac.directeventreg.com/registration/event/3224539.</u> Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique registrant ID.</p>\n<p>To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your registrant ID, and you will join the conference instantly.</p>\n<p>A telephone replay of the call will be available after the conclusion of the conference call through 8:00 a.m. U.S. Eastern Time, December 2, 2021. The dial-in details for the replay are as follows:</p>\n<p>International: +61-2-8199-0299</p>\n<p>U.S. Toll Free: +1-855-452-5696</p>\n<p>Mainland China Toll Free: 800-870-0206</p>\n<p>Hong Kong Toll Free: 800-963-117</p>\n<p>Conference ID: 3224539</p>\n<p>A live and archived webcast of the conference call will also be available at the Company’s investor relations website at <u>htt</u>p://ir.ks<u>yun.com/.</u></p>\n<p><b><u>Use of Non-GAAP Financial Measures</u></b></p>\n<p>The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation, foreign exchange (gain) loss, other gain and other (income) expense, net, and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense and depreciation and amortization, and we define&nbsp;Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors’ assessment of our operating performance.</p>\n<p>These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.</p>\n<p>We compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.</p>\n<p><b><u>Exchan</u></b><b>g</b><b><u>e Rate Information</u></b></p>\n<p>This press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b><u>Safe Harbor Statement</u></b></p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>\n<p><b><u>About Kingsoft Cloud Holdings Limited</u></b></p>\n<p>Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.</p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"7\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Dec 31,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>ASSETS</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Cash and cash equivalents</td>\n   <td>3,424,674</td>\n   <td></td>\n   <td>3,444,174</td>\n   <td></td>\n   <td>534,527</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Restricted cash</td>\n   <td>—</td>\n   <td></td>\n   <td>150,593</td>\n   <td></td>\n   <td>23,372</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts receivable, net</td>\n   <td>2,334,871</td>\n   <td></td>\n   <td>4,431,060</td>\n   <td></td>\n   <td>687,690</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Short-term investments</td>\n   <td>2,693,019</td>\n   <td></td>\n   <td>2,550,488</td>\n   <td></td>\n   <td>395,830</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>887,086</td>\n   <td></td>\n   <td>1,127,668</td>\n   <td></td>\n   <td>175,011</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>205,068</td>\n   <td></td>\n   <td>270,572</td>\n   <td></td>\n   <td>41,992</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current assets</b></td>\n   <td><b>9,544,718</b></td>\n   <td></td>\n   <td><b>11,974,555</b></td>\n   <td></td>\n   <td><b>1,858,422</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Non-current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Property and equipment, net</td>\n   <td>1,956,790</td>\n   <td></td>\n   <td>2,058,794</td>\n   <td></td>\n   <td>319,520</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Intangible assets, net</td>\n   <td>16,573</td>\n   <td></td>\n   <td>1,252,198</td>\n   <td></td>\n   <td>194,338</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>11,824</td>\n   <td></td>\n   <td>49,291</td>\n   <td></td>\n   <td>7,650</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Equity investments</td>\n   <td>126,583</td>\n   <td></td>\n   <td>88,757</td>\n   <td></td>\n   <td>13,775</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Goodwill</td>\n   <td>-</td>\n   <td></td>\n   <td>4,402,568</td>\n   <td></td>\n   <td>683,268</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>5,758</td>\n   <td></td>\n   <td>5,758</td>\n   <td></td>\n   <td>894</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating lease right-of-use assets</td>\n   <td>266,968</td>\n   <td></td>\n   <td>257,153</td>\n   <td></td>\n   <td>39,910</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Deferred tax assets</td>\n   <td>—</td>\n   <td></td>\n   <td>16,515</td>\n   <td></td>\n   <td>2,563</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current assets</b></td>\n   <td><b>2,384,496</b></td>\n   <td></td>\n   <td><b>8,131,034</b></td>\n   <td></td>\n   <td><b>1,261,918</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total assets</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>LIABILITIES AND SHAREHOLDERS’ EQUITY</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Short-term bank loans</td>\n   <td>278,488</td>\n   <td></td>\n   <td>901,455</td>\n   <td></td>\n   <td>139,904</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts payable</td>\n   <td>2,057,355</td>\n   <td></td>\n   <td>3,151,825</td>\n   <td></td>\n   <td>489,156</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accrued expenses and other current liabilities</td>\n   <td>845,374</td>\n   <td></td>\n   <td>1,458,523</td>\n   <td></td>\n   <td>226,359</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Long-term bank loan, current portion</td>\n   <td>74,351.00</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Income tax payable</td>\n   <td>20,564</td>\n   <td></td>\n   <td>79,673</td>\n   <td></td>\n   <td>12,365</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>112,998</td>\n   <td></td>\n   <td>263,930</td>\n   <td></td>\n   <td>40,961</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Current operating lease liabilities</td>\n   <td>76,469</td>\n   <td></td>\n   <td>74,638</td>\n   <td></td>\n   <td>11,584</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current liabilities</b></td>\n   <td><b>3,465,599</b></td>\n   <td></td>\n   <td><b>5,930,044</b></td>\n   <td></td>\n   <td><b>920,329</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Non-current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Deferred tax liabilities</td>\n   <td>29</td>\n   <td></td>\n   <td>251,081</td>\n   <td></td>\n   <td>38,967</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>—</td>\n   <td></td>\n   <td>425,762</td>\n   <td></td>\n   <td>66,077</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other liabilities</td>\n   <td>40,578</td>\n   <td></td>\n   <td>1,256,123</td>\n   <td></td>\n   <td>194,947</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Non-current operating lease liabilities</td>\n   <td>182,958</td>\n   <td></td>\n   <td>181,622</td>\n   <td></td>\n   <td>28,187</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current liabilities</b></td>\n   <td><b>223,565</b></td>\n   <td></td>\n   <td><b>2,114,588</b></td>\n   <td></td>\n   <td><b>328,178</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities</b></td>\n   <td><b>3,689,164</b></td>\n   <td></td>\n   <td><b>8,044,632</b></td>\n   <td></td>\n   <td><b>1,248,507</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Shareholders’ equity:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Ordinary shares</td>\n   <td>22,801</td>\n   <td></td>\n   <td>24,645</td>\n   <td></td>\n   <td>3,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Additional paid-in capital</td>\n   <td>14,149,984</td>\n   <td></td>\n   <td>18,112,182</td>\n   <td></td>\n   <td>2,810,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accumulated deficit</td>\n   <td>(5,864,356</td>\n   <td>)</td>\n   <td>(6,980,829</td>\n   <td>)</td>\n   <td>(1,083,408</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Accumulated other comprehensive loss</td>\n   <td>(68,440</td>\n   <td>)</td>\n   <td>(88,882</td>\n   <td>)</td>\n   <td>(13,794</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Total Kingsoft Cloud Holdings Limited shareholders’ equity</b></td>\n   <td><b>8,239,989</b></td>\n   <td></td>\n   <td><b>11,067,116</b></td>\n   <td></td>\n   <td><b>1,717,591</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Noncontrolling interests</td>\n   <td>61</td>\n   <td></td>\n   <td>993,841</td>\n   <td></td>\n   <td>154,242</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total equity</b></td>\n   <td><b>8,240,050</b></td>\n   <td></td>\n   <td><b>12,060,957</b></td>\n   <td></td>\n   <td><b>1,871,833</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities and shareholders’ equity</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<p>For the business combinations occurred during the period, the Company is in the process of finalizing valuations of the net identifiable assets acquired. As the Company receives additional information during the measurement period, the fair values assigned to the assets and liabilities may be adjusted.</p>\n<p></p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"17\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>(All amounts in thousands, except for share and per share data)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"8\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Revenues:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Public cloud services</td>\n   <td>1,309,693</td>\n   <td></td>\n   <td>1,391,833</td>\n   <td></td>\n   <td>1,550,777</td>\n   <td></td>\n   <td>1,685,999</td>\n   <td></td>\n   <td>261,663</td>\n   <td></td>\n   <td>3,805,346</td>\n   <td></td>\n   <td>4,628,609</td>\n   <td></td>\n   <td>718,349</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Enterprise cloud services</td>\n   <td>409,101</td>\n   <td></td>\n   <td>420,032</td>\n   <td></td>\n   <td>622,145</td>\n   <td></td>\n   <td>726,865</td>\n   <td></td>\n   <td>112,808</td>\n   <td></td>\n   <td>836,769</td>\n   <td></td>\n   <td>1,769,042</td>\n   <td></td>\n   <td>274,551</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Others</td>\n   <td>10,049</td>\n   <td></td>\n   <td>1,667</td>\n   <td></td>\n   <td>765</td>\n   <td></td>\n   <td>971</td>\n   <td></td>\n   <td>151</td>\n   <td></td>\n   <td>12,446</td>\n   <td></td>\n   <td>3,403</td>\n   <td></td>\n   <td>528</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total revenues</b></td>\n   <td><b>1,728,843</b></td>\n   <td></td>\n   <td><b>1,813,532</b></td>\n   <td></td>\n   <td><b>2,173,687</b></td>\n   <td></td>\n   <td><b>2,413,835</b></td>\n   <td></td>\n   <td><b>374,622</b></td>\n   <td></td>\n   <td><b>4,654,561</b></td>\n   <td></td>\n   <td><b>6,401,054</b></td>\n   <td></td>\n   <td><b>993,428</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Cost of revenues</td>\n   <td>(1,615,945</td>\n   <td>)</td>\n   <td>(1,697,029</td>\n   <td>)</td>\n   <td>(2,055,205</td>\n   <td>)</td>\n   <td>(2,325,423</td>\n   <td>)</td>\n   <td>(360,900</td>\n   <td>)</td>\n   <td>(4,390,148</td>\n   <td>)</td>\n   <td>(6,077,657</td>\n   <td>)</td>\n   <td>(943,238</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Gross profit </b></td>\n   <td><b>112,898</b></td>\n   <td></td>\n   <td><b>116,503</b></td>\n   <td></td>\n   <td><b>118,482</b></td>\n   <td></td>\n   <td><b>88,412</b></td>\n   <td></td>\n   <td><b>13,722</b></td>\n   <td></td>\n   <td><b>264,413</b></td>\n   <td></td>\n   <td><b>323,397</b></td>\n   <td></td>\n   <td><b>50,190</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating expenses:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Selling and marketing expenses</td>\n   <td>(96,802</td>\n   <td>)</td>\n   <td>(112,826</td>\n   <td>)</td>\n   <td>(96,058</td>\n   <td>)</td>\n   <td>(132,202</td>\n   <td>)</td>\n   <td>(20,517</td>\n   <td>)</td>\n   <td>(294,545</td>\n   <td>)</td>\n   <td>(341,086</td>\n   <td>)</td>\n   <td>(52,936</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>General and administrative expenses</td>\n   <td>(91,338</td>\n   <td>)</td>\n   <td>(91,177</td>\n   <td>)</td>\n   <td>(110,637</td>\n   <td>)</td>\n   <td>(156,573</td>\n   <td>)</td>\n   <td>(24,300</td>\n   <td>)</td>\n   <td>(337,736</td>\n   <td>)</td>\n   <td>(358,387</td>\n   <td>)</td>\n   <td>(55,621</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Research and development expenses</td>\n   <td>(167,590</td>\n   <td>)</td>\n   <td>(264,636</td>\n   <td>)</td>\n   <td>(232,252</td>\n   <td>)</td>\n   <td>(268,721</td>\n   <td>)</td>\n   <td>(41,705</td>\n   <td>)</td>\n   <td>(594,068</td>\n   <td>)</td>\n   <td>(765,609</td>\n   <td>)</td>\n   <td>(118,821</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Total operating expenses</b></td>\n   <td><b>(355,730</b></td>\n   <td><b>)</b></td>\n   <td><b>(468,639</b></td>\n   <td><b>)</b></td>\n   <td><b>(438,947</b></td>\n   <td><b>)</b></td>\n   <td><b>(557,496</b></td>\n   <td><b>)</b></td>\n   <td><b>(86,522</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,226,349</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,465,082</b></td>\n   <td><b>)</b></td>\n   <td><b>(227,378</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td><b>Operating loss</b></td>\n   <td><b>(242,832</b></td>\n   <td><b>)</b></td>\n   <td><b>(352,136</b></td>\n   <td><b>)</b></td>\n   <td><b>(320,465</b></td>\n   <td><b>)</b></td>\n   <td><b>(469,084</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,800</b></td>\n   <td><b>)</b></td>\n   <td><b>(961,936</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,141,685</b></td>\n   <td><b>)</b></td>\n   <td><b>(177,188</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Interest income</td>\n   <td>24,414</td>\n   <td></td>\n   <td>17,746</td>\n   <td></td>\n   <td>18,927</td>\n   <td></td>\n   <td>14,668</td>\n   <td></td>\n   <td>2,276</td>\n   <td></td>\n   <td>55,446</td>\n   <td></td>\n   <td>51,341</td>\n   <td></td>\n   <td>7,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Interest expense</td>\n   <td>(3,940</td>\n   <td>)</td>\n   <td>(3,866</td>\n   <td>)</td>\n   <td>(6,689</td>\n   <td>)</td>\n   <td>(14,277</td>\n   <td>)</td>\n   <td>(2,216</td>\n   <td>)</td>\n   <td>(7,615</td>\n   <td>)</td>\n   <td>(24,832</td>\n   <td>)</td>\n   <td>(3,854</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Foreign exchange gain (loss)</td>\n   <td>117,714</td>\n   <td></td>\n   <td>(48,375</td>\n   <td>)</td>\n   <td>71,277</td>\n   <td></td>\n   <td>(32,443</td>\n   <td>)</td>\n   <td>(5,035</td>\n   <td>)</td>\n   <td>74,687</td>\n   <td></td>\n   <td>(9,541</td>\n   <td>)</td>\n   <td>(1,481</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Other gain</td>\n   <td>2,825</td>\n   <td></td>\n   <td>5,782</td>\n   <td></td>\n   <td>15,357</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>3,023</td>\n   <td></td>\n   <td>21,139</td>\n   <td></td>\n   <td>3,281</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other income (expense), net</td>\n   <td>515</td>\n   <td></td>\n   <td>1,926</td>\n   <td></td>\n   <td>4,464</td>\n   <td></td>\n   <td>(596</td>\n   <td>)</td>\n   <td>(92</td>\n   <td>)</td>\n   <td>(9,086</td>\n   <td>)</td>\n   <td>5,794</td>\n   <td></td>\n   <td>899</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Loss before income taxes</b></td>\n   <td><b>(101,304</b></td>\n   <td><b>)</b></td>\n   <td><b>(378,923</b></td>\n   <td><b>)</b></td>\n   <td><b>(217,129</b></td>\n   <td><b>)</b></td>\n   <td><b>(501,732</b></td>\n   <td><b>)</b></td>\n   <td><b>(77,867</b></td>\n   <td><b>)</b></td>\n   <td><b>(845,481</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,097,784</b></td>\n   <td><b>)</b></td>\n   <td><b>(170,375</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Income tax expense</td>\n   <td>(4,033</td>\n   <td>)</td>\n   <td>(3,286</td>\n   <td>)</td>\n   <td>(3,469</td>\n   <td>)</td>\n   <td>(5,004</td>\n   <td>)</td>\n   <td>(777</td>\n   <td>)</td>\n   <td>(11,559</td>\n   <td>)</td>\n   <td>(11,759</td>\n   <td>)</td>\n   <td>(1,825</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Net loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: net income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to Kingsoft Cloud Holdings Limited</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,047</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to ordinary shareholders</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(876,815</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Net loss per share:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>(0.03</td>\n   <td>)</td>\n   <td>(0.11</td>\n   <td>)</td>\n   <td>(0.07</td>\n   <td>)</td>\n   <td>(0.15</td>\n   <td>)</td>\n   <td>(0.02</td>\n   <td>)</td>\n   <td>(0.42</td>\n   <td>)</td>\n   <td>(0.33</td>\n   <td>)</td>\n   <td>(0.05</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Shares used in the net loss per share computation:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>3,153,524,558</td>\n   <td></td>\n   <td>3,343,336,997</td>\n   <td></td>\n   <td>3,351,178,745</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>2,098,997,211</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Other comprehensive (loss) income, net of tax of nil:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Foreign currency translation adjustments</td>\n   <td>(277,166</td>\n   <td>)</td>\n   <td>70,773</td>\n   <td></td>\n   <td>(132,888</td>\n   <td>)</td>\n   <td>41,673</td>\n   <td></td>\n   <td>6,468</td>\n   <td></td>\n   <td>(225,134</td>\n   <td>)</td>\n   <td>(20,442</td>\n   <td>)</td>\n   <td>(3,173</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss</b></td>\n   <td><b>(382,503</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,436</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,486</b></td>\n   <td><b>)</b></td>\n   <td><b>(465,063</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,176</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,174</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,129,985</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,373</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: Comprehensive income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,181</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to ordinary shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,101,949</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"8\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"5\"><b>Three Months Ended</b></td>\n   <td colspan=\"3\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross profit</b></td>\n   <td><b>112,898</b></td>\n   <td><b>116,503</b></td>\n   <td><b>118,482</b></td>\n   <td><b>88,412</b></td>\n   <td><b>13,722</b></td>\n   <td><b>264,413</b></td>\n   <td><b>323,397</b></td>\n   <td><b>50,190</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>1,858</td>\n   <td>5,499</td>\n   <td>2,961</td>\n   <td>3,741</td>\n   <td>581</td>\n   <td>8,293</td>\n   <td>12,201</td>\n   <td>1,894</td>\n  </tr>\n  <tr>\n   <td>Adjusted gross profit</td>\n   <td>114,756</td>\n   <td>122,002</td>\n   <td>121,443</td>\n   <td>92,153</td>\n   <td>14,303</td>\n   <td>272,706</td>\n   <td>335,598</td>\n   <td>52,084</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"3\"><b>Three Months Ended</b></td>\n   <td></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross margin</b></td>\n   <td><b>6.5%</b></td>\n   <td><b>6.4%</b></td>\n   <td><b>5.5%</b></td>\n   <td><b>3.7%</b></td>\n   <td><b>5.7%</b></td>\n   <td><b>5.1%</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted gross margin</b></td>\n   <td><b>6.6%</b></td>\n   <td><b>6.7%</b></td>\n   <td><b>5.6%</b></td>\n   <td><b>3.8%</b></td>\n   <td><b>5.9%</b></td>\n   <td><b>5.2%</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"15\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"10\"><b>Three Months Ended</b></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net Loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>57,339</td>\n   <td></td>\n   <td>123,113</td>\n   <td></td>\n   <td>76,092</td>\n   <td></td>\n   <td>110,006</td>\n   <td></td>\n   <td>17,073</td>\n   <td></td>\n   <td>275,571</td>\n   <td></td>\n   <td>309,211</td>\n   <td></td>\n   <td>47,989</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Foreign exchange (gain) loss</td>\n   <td>(117,714</td>\n   <td>)</td>\n   <td>48,375</td>\n   <td></td>\n   <td>(71,277</td>\n   <td>)</td>\n   <td>32,443</td>\n   <td></td>\n   <td>5,035</td>\n   <td></td>\n   <td>(74,687</td>\n   <td>)</td>\n   <td>9,541</td>\n   <td></td>\n   <td>1,481</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Other gain</td>\n   <td>(2,825</td>\n   <td>)</td>\n   <td>(5,782</td>\n   <td>)</td>\n   <td>(15,357</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(3,023</td>\n   <td>)</td>\n   <td>(21,139</td>\n   <td>)</td>\n   <td>(3,281</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Other (income) expense, net</td>\n   <td>(515</td>\n   <td>)</td>\n   <td>(1,926</td>\n   <td>)</td>\n   <td>(4,464</td>\n   <td>)</td>\n   <td>596</td>\n   <td></td>\n   <td>92</td>\n   <td></td>\n   <td>9,086</td>\n   <td></td>\n   <td>(5,794</td>\n   <td>)</td>\n   <td>(899</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjusted net loss</td>\n   <td>(169,052</td>\n   <td>)</td>\n   <td>(218,429</td>\n   <td>)</td>\n   <td>(235,604</td>\n   <td>)</td>\n   <td>(363,691</td>\n   <td>)</td>\n   <td>(56,444</td>\n   <td>)</td>\n   <td>(650,093</td>\n   <td>)</td>\n   <td>(817,724</td>\n   <td>)</td>\n   <td>(126,910</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Interest income</td>\n   <td>(24,414</td>\n   <td>)</td>\n   <td>(17,746</td>\n   <td>)</td>\n   <td>(18,927</td>\n   <td>)</td>\n   <td>(14,668</td>\n   <td>)</td>\n   <td>(2,276</td>\n   <td>)</td>\n   <td>(55,446</td>\n   <td>)</td>\n   <td>(51,341</td>\n   <td>)</td>\n   <td>(7,968</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Interest expense</td>\n   <td>3,940</td>\n   <td></td>\n   <td>3,866</td>\n   <td></td>\n   <td>6,689</td>\n   <td></td>\n   <td>14,277</td>\n   <td></td>\n   <td>2,216</td>\n   <td></td>\n   <td>7,615</td>\n   <td></td>\n   <td>24,832</td>\n   <td></td>\n   <td>3,854</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Income tax expense</td>\n   <td>4,033</td>\n   <td></td>\n   <td>3,286</td>\n   <td></td>\n   <td>3,469</td>\n   <td></td>\n   <td>5,004</td>\n   <td></td>\n   <td>777</td>\n   <td></td>\n   <td>11,559</td>\n   <td></td>\n   <td>11,759</td>\n   <td></td>\n   <td>1,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Depreciation and amortization</td>\n   <td>159,199</td>\n   <td></td>\n   <td>180,466</td>\n   <td></td>\n   <td>189,123</td>\n   <td></td>\n   <td>218,450</td>\n   <td></td>\n   <td>33,903</td>\n   <td></td>\n   <td>584,788</td>\n   <td></td>\n   <td>588,039</td>\n   <td></td>\n   <td>91,262</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Adjusted EBITDA</td>\n   <td>(26,294</td>\n   <td>)</td>\n   <td>(48,557</td>\n   <td>)</td>\n   <td>(55,250</td>\n   <td>)</td>\n   <td>(140,628</td>\n   <td>)</td>\n   <td>(21,824</td>\n   <td>)</td>\n   <td>(101,577</td>\n   <td>)</td>\n   <td>(244,435</td>\n   <td>)</td>\n   <td>(37,937</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Net loss margin</b></td>\n   <td><b>(6.1%)</b></td>\n   <td><b>(21.1%)</b></td>\n   <td><b>(10.1%)</b></td>\n   <td><b>(21.0%)</b></td>\n   <td><b>(18.4%)</b></td>\n   <td><b>(17.3%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted net loss margin</b></td>\n   <td><b>(9.8%)</b></td>\n   <td><b>(12.0%)</b></td>\n   <td><b>(10.8%)</b></td>\n   <td><b>(15.1%)</b></td>\n   <td><b>(14.0%)</b></td>\n   <td><b>(12.8%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted EBITDA margin</b></td>\n   <td><b>(1.5%)</b></td>\n   <td><b>(2.7%)</b></td>\n   <td><b>(2.5%)</b></td>\n   <td><b>(5.8%)</b></td>\n   <td><b>(2.2%)</b></td>\n   <td><b>(3.8%)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"5\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from operating activities</b></td>\n   <td><b>(103,510</b></td>\n   <td><b>)</b></td>\n   <td><b>13,926</b></td>\n   <td><b>2,161</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from investing activities</b></td>\n   <td><b>(1,037,103</b></td>\n   <td><b>)</b></td>\n   <td><b>99,442</b></td>\n   <td><b>15,433</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash generated from financing activities</b></td>\n   <td><b>1,770,098</b></td>\n   <td></td>\n   <td><b>526,164</b></td>\n   <td><b>81,659</b></td>\n  </tr>\n  <tr>\n   <td>Effect of exchange rate changes on cash, cash equivalents and restricted cash</td>\n   <td>(73,469</td>\n   <td>)</td>\n   <td>616</td>\n   <td>96</td>\n  </tr>\n  <tr>\n   <td>Net increase in cash, cash equivalents and restricted cash</td>\n   <td>629,485</td>\n   <td></td>\n   <td>639,532</td>\n   <td>99,253</td>\n  </tr>\n  <tr>\n   <td>Cash, cash equivalents and restricted cash at beginning of period</td>\n   <td>3,310,487</td>\n   <td></td>\n   <td>2,954,619</td>\n   <td>458,550</td>\n  </tr>\n  <tr>\n   <td><b>Cash, cash equivalents and restricted cash at end of period</b></td>\n   <td><b>3,866,503</b></td>\n   <td></td>\n   <td><b>3,594,767</b></td>\n   <td><b>557,899</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-11-24 19:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.</p>\n<p>Mr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “As the largest independent cloud service provider in China, we continue to execute our growth strategies as we strive to ‘become the most trusted cloud partner for our customers, and create the digital future together’. Despite headwinds in the macro environment, we are making great strides in building and strengthening relationships with premium customers. Last quarter we engaged with Meituan as our new customer. We have seen these newly engaged premium customers continue to contribute more to our incremental public cloud revenues. We are proud to announce that Pinduoduo, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest e-commerce platforms in China, became a new customer this quarter. We expect the new customer engagement trend continue to boost our public cloud growth. In addition, we have captured the new opportunities amid the regulation changes and started working with Shouqi, one of the emerging ride-hailing applications to empower them navigating the shifting landscape in China since July this year. Through these cooperation, we made further progress in enriching and diversifying our products and solution offerings in different sectors. And lastly, we are on track of integrating Camelot as a part of our efforts to build out our enterprise cloud services business. They currently serve over 500 premium customers and own multiple fulfillment centers, and we are now working on cross selling our services and enhancing our execution capabilities. We believe we are well positioned for long-term and healthy growth in this new era of digitalization.”</p>\n<p>Mr. Henry He, Chief Financial Officer of Kingsoft Cloud added, “Our total revenues were RMB2,413.8 million, up 40% year-over-year. Revenue from public cloud services was RMB1,686.0 million. For the second time in a row, our public cloud incremental revenues rose over RMB100 million sequentially, and it was the seventh consecutive quarterly revenue increase since our IPO. Revenue from enterprise cloud services was RMB726.9 million, a year-over-year increase of 78%. In October, we held our inaugural Kingsoft Cloud Summit &amp; Investor Day. We would like to express our appreciation for all those who attended and for your continued support.”</p>\n<p><b>Third Quarter 2021 Financial Results</b></p>\n<p><b>Total Revenues </b>reached RMB2,413.8 million (US$374.61 million), representing an increase of 39.6% from RMB1,728.8 million in the same period of 2020. The increases were due to the growth in both public cloud services and enterprise cloud services for our premium customers.</p>\n<ul>\n <li>Revenues from public cloud services were RMB1,686.0 million (US$261.7 million), representing an increase of 28.7% from RMB1,309.7 million in the same period of 2020 and a quarter-over-quarter incremental increase of RMB135.2 million. Revenues from public cloud services have been increasing for seven consecutive quarters since our first quarterly results after IPO. The increase was mainly due to our stable relations with top premium customers, engagement with new high-profile customers and cross-selling of our diversified products and solutions.</li>\n <li>Revenues from enterprise cloud services were RMB726.9 million (US$112.8 million), representing an increase of 77.7% from RMB409.1 million in the same period of 2020. The increase was mainly due to the strong demand in the market and our capabilities to provide industry-specific solutions, partially offset by the power shortage issues which delayed certain delivery process of enterprise cloud projects.</li>\n</ul>\n<ul>\n <li>Other revenues were RMB0.9 million (US$0.1 million).</li>\n <li></li>\n</ul>\n<p>_______________</p>\n<p>1 This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b>Cost of revenues </b>was RMB2,325.4 million (US$360.9 million), representing an increase of 43.9% from RMB1,615.9 million in the same period of 2020. IDC costs increased by 33.1% to RMB1,410.9 million (US$219.0 million) from RMB1,060.1 million in the same period of 2020, in line with the Company’s expanding business. Depreciation and amortization costs were RMB200.0 million (US$31.0 million), compared with RMB156.5 million in the same period of 2020.</p>\n<p><b>Gross profit </b>decreased by 21.7% to RMB88.4 million (US$13.7 million), from RMB112.9 million in the same period in 2020. <b>Gross margin </b>was 3.7%, compared with 6.5% in the same period in 2020.</p>\n<p><b>Non-GAAP gross profit</b>2 decreased by 19.7% to RMB92.2 million (US$14.3 million), from RMB114.8 million in the same period in 2020. <b>Non- GAAP gross margin </b>was 3.8%, compared with 6.6% in the same period in 2020. The decrease was primarily due to lower than expected utilization of our underlying public cloud infrastructure which was budgeted based on demand forecast as of the beginning of the year, and industry-wide public cloud demand turned out to be lower than expected.</p>\n<p><b>Selling and marketing expenses </b>were RMB132.2 million (US$20.5 million), compared with RMB96.8 million in the same period in 2020.</p>\n<p><b>General and administrative expenses </b>were RMB156.6 million (US$24.3 million), compared with RMB91.3 million in the same period in 2020.</p>\n<p><b>Research and development expenses </b>were RMB268.7 million (US$41.7 million), compared with RMB167.6 million in the same period in 2020.</p>\n<p>The increase in expenses was primarily due to the increase in salaries, social insurance fees and share-based compensation expenses.</p>\n<p></p>\n<p><b>Operating loss </b>was RMB469.1 million (US$72.8 million), compared with operating loss of RMB242.8 million in the same quarter of 2020.</p>\n<p><b>Net loss </b>was RMB506.7 million (US$78.6 million), compared with net loss of RMB105.3 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP net loss </b>was RMB363.7 million (US$56.4 million), compared with net loss of RMB169.1 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP EBITDA </b>was RMB-140.6 million (US$-21.8 million), compared with RMB-26.3 million in the same quarter of 2020. The decrease of Non-GAAP EBITDA was due to the changes of gross profits, the increase of personnel expenses and one time off Camelot transaction expenses.&nbsp;<b>Non-GAAP EBITDA margin </b>was -5.8%, compared with -1.5% in the same quarter of 2020.</p>\n<p><b>Basic and diluted net loss per share </b>was RMB0.15 (US$0.02), compared with RMB0.03 in the same quarter of 2020.</p>\n<p><b>Cash and cash equivalents and short-term investments </b>were RMB5,994.7 million (US$930.4 million) as of September 30, 2021, compared to RMB5,474.9 million as of June 30, 2021.</p>\n<p><b>Outstanding ordinary shares </b>were 3,625,037,000 as of September 30, 2021, equivalent to about 241,669,133 ADSs.</p>\n<p>_______________</p>\n<p>2 Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.</p>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects total revenues to be between RMB2.63 billion and RMB2.83 billion, representing a year- over-year growth of 37% to 47%. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.</p>\n<p><b><u>Conference Call Information</u></b></p>\n<p>The Company will hold a conference call on Wednesday, November 24, 2021, at 7:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong Time on the same day) to discuss the financial results.</p>\n<p>Participants can register for the conference call by navigating to <u>htt</u>p://a<u>pac.directeventreg.com/registration/event/3224539.</u> Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique registrant ID.</p>\n<p>To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your registrant ID, and you will join the conference instantly.</p>\n<p>A telephone replay of the call will be available after the conclusion of the conference call through 8:00 a.m. U.S. Eastern Time, December 2, 2021. The dial-in details for the replay are as follows:</p>\n<p>International: +61-2-8199-0299</p>\n<p>U.S. Toll Free: +1-855-452-5696</p>\n<p>Mainland China Toll Free: 800-870-0206</p>\n<p>Hong Kong Toll Free: 800-963-117</p>\n<p>Conference ID: 3224539</p>\n<p>A live and archived webcast of the conference call will also be available at the Company’s investor relations website at <u>htt</u>p://ir.ks<u>yun.com/.</u></p>\n<p><b><u>Use of Non-GAAP Financial Measures</u></b></p>\n<p>The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation, foreign exchange (gain) loss, other gain and other (income) expense, net, and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense and depreciation and amortization, and we define&nbsp;Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors’ assessment of our operating performance.</p>\n<p>These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.</p>\n<p>We compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.</p>\n<p><b><u>Exchan</u></b><b>g</b><b><u>e Rate Information</u></b></p>\n<p>This press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b><u>Safe Harbor Statement</u></b></p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>\n<p><b><u>About Kingsoft Cloud Holdings Limited</u></b></p>\n<p>Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.</p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"7\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Dec 31,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>ASSETS</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Cash and cash equivalents</td>\n   <td>3,424,674</td>\n   <td></td>\n   <td>3,444,174</td>\n   <td></td>\n   <td>534,527</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Restricted cash</td>\n   <td>—</td>\n   <td></td>\n   <td>150,593</td>\n   <td></td>\n   <td>23,372</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts receivable, net</td>\n   <td>2,334,871</td>\n   <td></td>\n   <td>4,431,060</td>\n   <td></td>\n   <td>687,690</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Short-term investments</td>\n   <td>2,693,019</td>\n   <td></td>\n   <td>2,550,488</td>\n   <td></td>\n   <td>395,830</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>887,086</td>\n   <td></td>\n   <td>1,127,668</td>\n   <td></td>\n   <td>175,011</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>205,068</td>\n   <td></td>\n   <td>270,572</td>\n   <td></td>\n   <td>41,992</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current assets</b></td>\n   <td><b>9,544,718</b></td>\n   <td></td>\n   <td><b>11,974,555</b></td>\n   <td></td>\n   <td><b>1,858,422</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Non-current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Property and equipment, net</td>\n   <td>1,956,790</td>\n   <td></td>\n   <td>2,058,794</td>\n   <td></td>\n   <td>319,520</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Intangible assets, net</td>\n   <td>16,573</td>\n   <td></td>\n   <td>1,252,198</td>\n   <td></td>\n   <td>194,338</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>11,824</td>\n   <td></td>\n   <td>49,291</td>\n   <td></td>\n   <td>7,650</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Equity investments</td>\n   <td>126,583</td>\n   <td></td>\n   <td>88,757</td>\n   <td></td>\n   <td>13,775</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Goodwill</td>\n   <td>-</td>\n   <td></td>\n   <td>4,402,568</td>\n   <td></td>\n   <td>683,268</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>5,758</td>\n   <td></td>\n   <td>5,758</td>\n   <td></td>\n   <td>894</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating lease right-of-use assets</td>\n   <td>266,968</td>\n   <td></td>\n   <td>257,153</td>\n   <td></td>\n   <td>39,910</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Deferred tax assets</td>\n   <td>—</td>\n   <td></td>\n   <td>16,515</td>\n   <td></td>\n   <td>2,563</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current assets</b></td>\n   <td><b>2,384,496</b></td>\n   <td></td>\n   <td><b>8,131,034</b></td>\n   <td></td>\n   <td><b>1,261,918</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total assets</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>LIABILITIES AND SHAREHOLDERS’ EQUITY</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Short-term bank loans</td>\n   <td>278,488</td>\n   <td></td>\n   <td>901,455</td>\n   <td></td>\n   <td>139,904</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts payable</td>\n   <td>2,057,355</td>\n   <td></td>\n   <td>3,151,825</td>\n   <td></td>\n   <td>489,156</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accrued expenses and other current liabilities</td>\n   <td>845,374</td>\n   <td></td>\n   <td>1,458,523</td>\n   <td></td>\n   <td>226,359</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Long-term bank loan, current portion</td>\n   <td>74,351.00</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Income tax payable</td>\n   <td>20,564</td>\n   <td></td>\n   <td>79,673</td>\n   <td></td>\n   <td>12,365</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>112,998</td>\n   <td></td>\n   <td>263,930</td>\n   <td></td>\n   <td>40,961</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Current operating lease liabilities</td>\n   <td>76,469</td>\n   <td></td>\n   <td>74,638</td>\n   <td></td>\n   <td>11,584</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current liabilities</b></td>\n   <td><b>3,465,599</b></td>\n   <td></td>\n   <td><b>5,930,044</b></td>\n   <td></td>\n   <td><b>920,329</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Non-current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Deferred tax liabilities</td>\n   <td>29</td>\n   <td></td>\n   <td>251,081</td>\n   <td></td>\n   <td>38,967</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>—</td>\n   <td></td>\n   <td>425,762</td>\n   <td></td>\n   <td>66,077</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other liabilities</td>\n   <td>40,578</td>\n   <td></td>\n   <td>1,256,123</td>\n   <td></td>\n   <td>194,947</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Non-current operating lease liabilities</td>\n   <td>182,958</td>\n   <td></td>\n   <td>181,622</td>\n   <td></td>\n   <td>28,187</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current liabilities</b></td>\n   <td><b>223,565</b></td>\n   <td></td>\n   <td><b>2,114,588</b></td>\n   <td></td>\n   <td><b>328,178</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities</b></td>\n   <td><b>3,689,164</b></td>\n   <td></td>\n   <td><b>8,044,632</b></td>\n   <td></td>\n   <td><b>1,248,507</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Shareholders’ equity:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Ordinary shares</td>\n   <td>22,801</td>\n   <td></td>\n   <td>24,645</td>\n   <td></td>\n   <td>3,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Additional paid-in capital</td>\n   <td>14,149,984</td>\n   <td></td>\n   <td>18,112,182</td>\n   <td></td>\n   <td>2,810,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accumulated deficit</td>\n   <td>(5,864,356</td>\n   <td>)</td>\n   <td>(6,980,829</td>\n   <td>)</td>\n   <td>(1,083,408</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Accumulated other comprehensive loss</td>\n   <td>(68,440</td>\n   <td>)</td>\n   <td>(88,882</td>\n   <td>)</td>\n   <td>(13,794</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Total Kingsoft Cloud Holdings Limited shareholders’ equity</b></td>\n   <td><b>8,239,989</b></td>\n   <td></td>\n   <td><b>11,067,116</b></td>\n   <td></td>\n   <td><b>1,717,591</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Noncontrolling interests</td>\n   <td>61</td>\n   <td></td>\n   <td>993,841</td>\n   <td></td>\n   <td>154,242</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total equity</b></td>\n   <td><b>8,240,050</b></td>\n   <td></td>\n   <td><b>12,060,957</b></td>\n   <td></td>\n   <td><b>1,871,833</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities and shareholders’ equity</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<p>For the business combinations occurred during the period, the Company is in the process of finalizing valuations of the net identifiable assets acquired. As the Company receives additional information during the measurement period, the fair values assigned to the assets and liabilities may be adjusted.</p>\n<p></p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"17\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>(All amounts in thousands, except for share and per share data)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"8\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Revenues:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Public cloud services</td>\n   <td>1,309,693</td>\n   <td></td>\n   <td>1,391,833</td>\n   <td></td>\n   <td>1,550,777</td>\n   <td></td>\n   <td>1,685,999</td>\n   <td></td>\n   <td>261,663</td>\n   <td></td>\n   <td>3,805,346</td>\n   <td></td>\n   <td>4,628,609</td>\n   <td></td>\n   <td>718,349</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Enterprise cloud services</td>\n   <td>409,101</td>\n   <td></td>\n   <td>420,032</td>\n   <td></td>\n   <td>622,145</td>\n   <td></td>\n   <td>726,865</td>\n   <td></td>\n   <td>112,808</td>\n   <td></td>\n   <td>836,769</td>\n   <td></td>\n   <td>1,769,042</td>\n   <td></td>\n   <td>274,551</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Others</td>\n   <td>10,049</td>\n   <td></td>\n   <td>1,667</td>\n   <td></td>\n   <td>765</td>\n   <td></td>\n   <td>971</td>\n   <td></td>\n   <td>151</td>\n   <td></td>\n   <td>12,446</td>\n   <td></td>\n   <td>3,403</td>\n   <td></td>\n   <td>528</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total revenues</b></td>\n   <td><b>1,728,843</b></td>\n   <td></td>\n   <td><b>1,813,532</b></td>\n   <td></td>\n   <td><b>2,173,687</b></td>\n   <td></td>\n   <td><b>2,413,835</b></td>\n   <td></td>\n   <td><b>374,622</b></td>\n   <td></td>\n   <td><b>4,654,561</b></td>\n   <td></td>\n   <td><b>6,401,054</b></td>\n   <td></td>\n   <td><b>993,428</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Cost of revenues</td>\n   <td>(1,615,945</td>\n   <td>)</td>\n   <td>(1,697,029</td>\n   <td>)</td>\n   <td>(2,055,205</td>\n   <td>)</td>\n   <td>(2,325,423</td>\n   <td>)</td>\n   <td>(360,900</td>\n   <td>)</td>\n   <td>(4,390,148</td>\n   <td>)</td>\n   <td>(6,077,657</td>\n   <td>)</td>\n   <td>(943,238</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Gross profit </b></td>\n   <td><b>112,898</b></td>\n   <td></td>\n   <td><b>116,503</b></td>\n   <td></td>\n   <td><b>118,482</b></td>\n   <td></td>\n   <td><b>88,412</b></td>\n   <td></td>\n   <td><b>13,722</b></td>\n   <td></td>\n   <td><b>264,413</b></td>\n   <td></td>\n   <td><b>323,397</b></td>\n   <td></td>\n   <td><b>50,190</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating expenses:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Selling and marketing expenses</td>\n   <td>(96,802</td>\n   <td>)</td>\n   <td>(112,826</td>\n   <td>)</td>\n   <td>(96,058</td>\n   <td>)</td>\n   <td>(132,202</td>\n   <td>)</td>\n   <td>(20,517</td>\n   <td>)</td>\n   <td>(294,545</td>\n   <td>)</td>\n   <td>(341,086</td>\n   <td>)</td>\n   <td>(52,936</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>General and administrative expenses</td>\n   <td>(91,338</td>\n   <td>)</td>\n   <td>(91,177</td>\n   <td>)</td>\n   <td>(110,637</td>\n   <td>)</td>\n   <td>(156,573</td>\n   <td>)</td>\n   <td>(24,300</td>\n   <td>)</td>\n   <td>(337,736</td>\n   <td>)</td>\n   <td>(358,387</td>\n   <td>)</td>\n   <td>(55,621</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Research and development expenses</td>\n   <td>(167,590</td>\n   <td>)</td>\n   <td>(264,636</td>\n   <td>)</td>\n   <td>(232,252</td>\n   <td>)</td>\n   <td>(268,721</td>\n   <td>)</td>\n   <td>(41,705</td>\n   <td>)</td>\n   <td>(594,068</td>\n   <td>)</td>\n   <td>(765,609</td>\n   <td>)</td>\n   <td>(118,821</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Total operating expenses</b></td>\n   <td><b>(355,730</b></td>\n   <td><b>)</b></td>\n   <td><b>(468,639</b></td>\n   <td><b>)</b></td>\n   <td><b>(438,947</b></td>\n   <td><b>)</b></td>\n   <td><b>(557,496</b></td>\n   <td><b>)</b></td>\n   <td><b>(86,522</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,226,349</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,465,082</b></td>\n   <td><b>)</b></td>\n   <td><b>(227,378</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td><b>Operating loss</b></td>\n   <td><b>(242,832</b></td>\n   <td><b>)</b></td>\n   <td><b>(352,136</b></td>\n   <td><b>)</b></td>\n   <td><b>(320,465</b></td>\n   <td><b>)</b></td>\n   <td><b>(469,084</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,800</b></td>\n   <td><b>)</b></td>\n   <td><b>(961,936</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,141,685</b></td>\n   <td><b>)</b></td>\n   <td><b>(177,188</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Interest income</td>\n   <td>24,414</td>\n   <td></td>\n   <td>17,746</td>\n   <td></td>\n   <td>18,927</td>\n   <td></td>\n   <td>14,668</td>\n   <td></td>\n   <td>2,276</td>\n   <td></td>\n   <td>55,446</td>\n   <td></td>\n   <td>51,341</td>\n   <td></td>\n   <td>7,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Interest expense</td>\n   <td>(3,940</td>\n   <td>)</td>\n   <td>(3,866</td>\n   <td>)</td>\n   <td>(6,689</td>\n   <td>)</td>\n   <td>(14,277</td>\n   <td>)</td>\n   <td>(2,216</td>\n   <td>)</td>\n   <td>(7,615</td>\n   <td>)</td>\n   <td>(24,832</td>\n   <td>)</td>\n   <td>(3,854</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Foreign exchange gain (loss)</td>\n   <td>117,714</td>\n   <td></td>\n   <td>(48,375</td>\n   <td>)</td>\n   <td>71,277</td>\n   <td></td>\n   <td>(32,443</td>\n   <td>)</td>\n   <td>(5,035</td>\n   <td>)</td>\n   <td>74,687</td>\n   <td></td>\n   <td>(9,541</td>\n   <td>)</td>\n   <td>(1,481</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Other gain</td>\n   <td>2,825</td>\n   <td></td>\n   <td>5,782</td>\n   <td></td>\n   <td>15,357</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>3,023</td>\n   <td></td>\n   <td>21,139</td>\n   <td></td>\n   <td>3,281</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other income (expense), net</td>\n   <td>515</td>\n   <td></td>\n   <td>1,926</td>\n   <td></td>\n   <td>4,464</td>\n   <td></td>\n   <td>(596</td>\n   <td>)</td>\n   <td>(92</td>\n   <td>)</td>\n   <td>(9,086</td>\n   <td>)</td>\n   <td>5,794</td>\n   <td></td>\n   <td>899</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Loss before income taxes</b></td>\n   <td><b>(101,304</b></td>\n   <td><b>)</b></td>\n   <td><b>(378,923</b></td>\n   <td><b>)</b></td>\n   <td><b>(217,129</b></td>\n   <td><b>)</b></td>\n   <td><b>(501,732</b></td>\n   <td><b>)</b></td>\n   <td><b>(77,867</b></td>\n   <td><b>)</b></td>\n   <td><b>(845,481</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,097,784</b></td>\n   <td><b>)</b></td>\n   <td><b>(170,375</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Income tax expense</td>\n   <td>(4,033</td>\n   <td>)</td>\n   <td>(3,286</td>\n   <td>)</td>\n   <td>(3,469</td>\n   <td>)</td>\n   <td>(5,004</td>\n   <td>)</td>\n   <td>(777</td>\n   <td>)</td>\n   <td>(11,559</td>\n   <td>)</td>\n   <td>(11,759</td>\n   <td>)</td>\n   <td>(1,825</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Net loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: net income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to Kingsoft Cloud Holdings Limited</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,047</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to ordinary shareholders</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(876,815</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Net loss per share:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>(0.03</td>\n   <td>)</td>\n   <td>(0.11</td>\n   <td>)</td>\n   <td>(0.07</td>\n   <td>)</td>\n   <td>(0.15</td>\n   <td>)</td>\n   <td>(0.02</td>\n   <td>)</td>\n   <td>(0.42</td>\n   <td>)</td>\n   <td>(0.33</td>\n   <td>)</td>\n   <td>(0.05</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Shares used in the net loss per share computation:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>3,153,524,558</td>\n   <td></td>\n   <td>3,343,336,997</td>\n   <td></td>\n   <td>3,351,178,745</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>2,098,997,211</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Other comprehensive (loss) income, net of tax of nil:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Foreign currency translation adjustments</td>\n   <td>(277,166</td>\n   <td>)</td>\n   <td>70,773</td>\n   <td></td>\n   <td>(132,888</td>\n   <td>)</td>\n   <td>41,673</td>\n   <td></td>\n   <td>6,468</td>\n   <td></td>\n   <td>(225,134</td>\n   <td>)</td>\n   <td>(20,442</td>\n   <td>)</td>\n   <td>(3,173</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss</b></td>\n   <td><b>(382,503</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,436</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,486</b></td>\n   <td><b>)</b></td>\n   <td><b>(465,063</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,176</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,174</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,129,985</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,373</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: Comprehensive income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,181</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to ordinary shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,101,949</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"8\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"5\"><b>Three Months Ended</b></td>\n   <td colspan=\"3\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross profit</b></td>\n   <td><b>112,898</b></td>\n   <td><b>116,503</b></td>\n   <td><b>118,482</b></td>\n   <td><b>88,412</b></td>\n   <td><b>13,722</b></td>\n   <td><b>264,413</b></td>\n   <td><b>323,397</b></td>\n   <td><b>50,190</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>1,858</td>\n   <td>5,499</td>\n   <td>2,961</td>\n   <td>3,741</td>\n   <td>581</td>\n   <td>8,293</td>\n   <td>12,201</td>\n   <td>1,894</td>\n  </tr>\n  <tr>\n   <td>Adjusted gross profit</td>\n   <td>114,756</td>\n   <td>122,002</td>\n   <td>121,443</td>\n   <td>92,153</td>\n   <td>14,303</td>\n   <td>272,706</td>\n   <td>335,598</td>\n   <td>52,084</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"3\"><b>Three Months Ended</b></td>\n   <td></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross margin</b></td>\n   <td><b>6.5%</b></td>\n   <td><b>6.4%</b></td>\n   <td><b>5.5%</b></td>\n   <td><b>3.7%</b></td>\n   <td><b>5.7%</b></td>\n   <td><b>5.1%</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted gross margin</b></td>\n   <td><b>6.6%</b></td>\n   <td><b>6.7%</b></td>\n   <td><b>5.6%</b></td>\n   <td><b>3.8%</b></td>\n   <td><b>5.9%</b></td>\n   <td><b>5.2%</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"15\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"10\"><b>Three Months Ended</b></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net Loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>57,339</td>\n   <td></td>\n   <td>123,113</td>\n   <td></td>\n   <td>76,092</td>\n   <td></td>\n   <td>110,006</td>\n   <td></td>\n   <td>17,073</td>\n   <td></td>\n   <td>275,571</td>\n   <td></td>\n   <td>309,211</td>\n   <td></td>\n   <td>47,989</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Foreign exchange (gain) loss</td>\n   <td>(117,714</td>\n   <td>)</td>\n   <td>48,375</td>\n   <td></td>\n   <td>(71,277</td>\n   <td>)</td>\n   <td>32,443</td>\n   <td></td>\n   <td>5,035</td>\n   <td></td>\n   <td>(74,687</td>\n   <td>)</td>\n   <td>9,541</td>\n   <td></td>\n   <td>1,481</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Other gain</td>\n   <td>(2,825</td>\n   <td>)</td>\n   <td>(5,782</td>\n   <td>)</td>\n   <td>(15,357</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(3,023</td>\n   <td>)</td>\n   <td>(21,139</td>\n   <td>)</td>\n   <td>(3,281</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Other (income) expense, net</td>\n   <td>(515</td>\n   <td>)</td>\n   <td>(1,926</td>\n   <td>)</td>\n   <td>(4,464</td>\n   <td>)</td>\n   <td>596</td>\n   <td></td>\n   <td>92</td>\n   <td></td>\n   <td>9,086</td>\n   <td></td>\n   <td>(5,794</td>\n   <td>)</td>\n   <td>(899</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjusted net loss</td>\n   <td>(169,052</td>\n   <td>)</td>\n   <td>(218,429</td>\n   <td>)</td>\n   <td>(235,604</td>\n   <td>)</td>\n   <td>(363,691</td>\n   <td>)</td>\n   <td>(56,444</td>\n   <td>)</td>\n   <td>(650,093</td>\n   <td>)</td>\n   <td>(817,724</td>\n   <td>)</td>\n   <td>(126,910</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Interest income</td>\n   <td>(24,414</td>\n   <td>)</td>\n   <td>(17,746</td>\n   <td>)</td>\n   <td>(18,927</td>\n   <td>)</td>\n   <td>(14,668</td>\n   <td>)</td>\n   <td>(2,276</td>\n   <td>)</td>\n   <td>(55,446</td>\n   <td>)</td>\n   <td>(51,341</td>\n   <td>)</td>\n   <td>(7,968</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Interest expense</td>\n   <td>3,940</td>\n   <td></td>\n   <td>3,866</td>\n   <td></td>\n   <td>6,689</td>\n   <td></td>\n   <td>14,277</td>\n   <td></td>\n   <td>2,216</td>\n   <td></td>\n   <td>7,615</td>\n   <td></td>\n   <td>24,832</td>\n   <td></td>\n   <td>3,854</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Income tax expense</td>\n   <td>4,033</td>\n   <td></td>\n   <td>3,286</td>\n   <td></td>\n   <td>3,469</td>\n   <td></td>\n   <td>5,004</td>\n   <td></td>\n   <td>777</td>\n   <td></td>\n   <td>11,559</td>\n   <td></td>\n   <td>11,759</td>\n   <td></td>\n   <td>1,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Depreciation and amortization</td>\n   <td>159,199</td>\n   <td></td>\n   <td>180,466</td>\n   <td></td>\n   <td>189,123</td>\n   <td></td>\n   <td>218,450</td>\n   <td></td>\n   <td>33,903</td>\n   <td></td>\n   <td>584,788</td>\n   <td></td>\n   <td>588,039</td>\n   <td></td>\n   <td>91,262</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Adjusted EBITDA</td>\n   <td>(26,294</td>\n   <td>)</td>\n   <td>(48,557</td>\n   <td>)</td>\n   <td>(55,250</td>\n   <td>)</td>\n   <td>(140,628</td>\n   <td>)</td>\n   <td>(21,824</td>\n   <td>)</td>\n   <td>(101,577</td>\n   <td>)</td>\n   <td>(244,435</td>\n   <td>)</td>\n   <td>(37,937</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Net loss margin</b></td>\n   <td><b>(6.1%)</b></td>\n   <td><b>(21.1%)</b></td>\n   <td><b>(10.1%)</b></td>\n   <td><b>(21.0%)</b></td>\n   <td><b>(18.4%)</b></td>\n   <td><b>(17.3%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted net loss margin</b></td>\n   <td><b>(9.8%)</b></td>\n   <td><b>(12.0%)</b></td>\n   <td><b>(10.8%)</b></td>\n   <td><b>(15.1%)</b></td>\n   <td><b>(14.0%)</b></td>\n   <td><b>(12.8%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted EBITDA margin</b></td>\n   <td><b>(1.5%)</b></td>\n   <td><b>(2.7%)</b></td>\n   <td><b>(2.5%)</b></td>\n   <td><b>(5.8%)</b></td>\n   <td><b>(2.2%)</b></td>\n   <td><b>(3.8%)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"5\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from operating activities</b></td>\n   <td><b>(103,510</b></td>\n   <td><b>)</b></td>\n   <td><b>13,926</b></td>\n   <td><b>2,161</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from investing activities</b></td>\n   <td><b>(1,037,103</b></td>\n   <td><b>)</b></td>\n   <td><b>99,442</b></td>\n   <td><b>15,433</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash generated from financing activities</b></td>\n   <td><b>1,770,098</b></td>\n   <td></td>\n   <td><b>526,164</b></td>\n   <td><b>81,659</b></td>\n  </tr>\n  <tr>\n   <td>Effect of exchange rate changes on cash, cash equivalents and restricted cash</td>\n   <td>(73,469</td>\n   <td>)</td>\n   <td>616</td>\n   <td>96</td>\n  </tr>\n  <tr>\n   <td>Net increase in cash, cash equivalents and restricted cash</td>\n   <td>629,485</td>\n   <td></td>\n   <td>639,532</td>\n   <td>99,253</td>\n  </tr>\n  <tr>\n   <td>Cash, cash equivalents and restricted cash at beginning of period</td>\n   <td>3,310,487</td>\n   <td></td>\n   <td>2,954,619</td>\n   <td>458,550</td>\n  </tr>\n  <tr>\n   <td><b>Cash, cash equivalents and restricted cash at end of period</b></td>\n   <td><b>3,866,503</b></td>\n   <td></td>\n   <td><b>3,594,767</b></td>\n   <td><b>557,899</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KC":"金山云"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185591503","content_text":"BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.\nMr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “As the largest independent cloud service provider in China, we continue to execute our growth strategies as we strive to ‘become the most trusted cloud partner for our customers, and create the digital future together’. Despite headwinds in the macro environment, we are making great strides in building and strengthening relationships with premium customers. Last quarter we engaged with Meituan as our new customer. We have seen these newly engaged premium customers continue to contribute more to our incremental public cloud revenues. We are proud to announce that Pinduoduo, one of the largest e-commerce platforms in China, became a new customer this quarter. We expect the new customer engagement trend continue to boost our public cloud growth. In addition, we have captured the new opportunities amid the regulation changes and started working with Shouqi, one of the emerging ride-hailing applications to empower them navigating the shifting landscape in China since July this year. Through these cooperation, we made further progress in enriching and diversifying our products and solution offerings in different sectors. And lastly, we are on track of integrating Camelot as a part of our efforts to build out our enterprise cloud services business. They currently serve over 500 premium customers and own multiple fulfillment centers, and we are now working on cross selling our services and enhancing our execution capabilities. We believe we are well positioned for long-term and healthy growth in this new era of digitalization.”\nMr. Henry He, Chief Financial Officer of Kingsoft Cloud added, “Our total revenues were RMB2,413.8 million, up 40% year-over-year. Revenue from public cloud services was RMB1,686.0 million. For the second time in a row, our public cloud incremental revenues rose over RMB100 million sequentially, and it was the seventh consecutive quarterly revenue increase since our IPO. Revenue from enterprise cloud services was RMB726.9 million, a year-over-year increase of 78%. In October, we held our inaugural Kingsoft Cloud Summit & Investor Day. We would like to express our appreciation for all those who attended and for your continued support.”\nThird Quarter 2021 Financial Results\nTotal Revenues reached RMB2,413.8 million (US$374.61 million), representing an increase of 39.6% from RMB1,728.8 million in the same period of 2020. The increases were due to the growth in both public cloud services and enterprise cloud services for our premium customers.\n\nRevenues from public cloud services were RMB1,686.0 million (US$261.7 million), representing an increase of 28.7% from RMB1,309.7 million in the same period of 2020 and a quarter-over-quarter incremental increase of RMB135.2 million. Revenues from public cloud services have been increasing for seven consecutive quarters since our first quarterly results after IPO. The increase was mainly due to our stable relations with top premium customers, engagement with new high-profile customers and cross-selling of our diversified products and solutions.\nRevenues from enterprise cloud services were RMB726.9 million (US$112.8 million), representing an increase of 77.7% from RMB409.1 million in the same period of 2020. The increase was mainly due to the strong demand in the market and our capabilities to provide industry-specific solutions, partially offset by the power shortage issues which delayed certain delivery process of enterprise cloud projects.\n\n\nOther revenues were RMB0.9 million (US$0.1 million).\n\n\n_______________\n1 This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.\nCost of revenues was RMB2,325.4 million (US$360.9 million), representing an increase of 43.9% from RMB1,615.9 million in the same period of 2020. IDC costs increased by 33.1% to RMB1,410.9 million (US$219.0 million) from RMB1,060.1 million in the same period of 2020, in line with the Company’s expanding business. Depreciation and amortization costs were RMB200.0 million (US$31.0 million), compared with RMB156.5 million in the same period of 2020.\nGross profit decreased by 21.7% to RMB88.4 million (US$13.7 million), from RMB112.9 million in the same period in 2020. Gross margin was 3.7%, compared with 6.5% in the same period in 2020.\nNon-GAAP gross profit2 decreased by 19.7% to RMB92.2 million (US$14.3 million), from RMB114.8 million in the same period in 2020. Non- GAAP gross margin was 3.8%, compared with 6.6% in the same period in 2020. The decrease was primarily due to lower than expected utilization of our underlying public cloud infrastructure which was budgeted based on demand forecast as of the beginning of the year, and industry-wide public cloud demand turned out to be lower than expected.\nSelling and marketing expenses were RMB132.2 million (US$20.5 million), compared with RMB96.8 million in the same period in 2020.\nGeneral and administrative expenses were RMB156.6 million (US$24.3 million), compared with RMB91.3 million in the same period in 2020.\nResearch and development expenses were RMB268.7 million (US$41.7 million), compared with RMB167.6 million in the same period in 2020.\nThe increase in expenses was primarily due to the increase in salaries, social insurance fees and share-based compensation expenses.\n\nOperating loss was RMB469.1 million (US$72.8 million), compared with operating loss of RMB242.8 million in the same quarter of 2020.\nNet loss was RMB506.7 million (US$78.6 million), compared with net loss of RMB105.3 million in the same quarter of 2020.\nNon-GAAP net loss was RMB363.7 million (US$56.4 million), compared with net loss of RMB169.1 million in the same quarter of 2020.\nNon-GAAP EBITDA was RMB-140.6 million (US$-21.8 million), compared with RMB-26.3 million in the same quarter of 2020. The decrease of Non-GAAP EBITDA was due to the changes of gross profits, the increase of personnel expenses and one time off Camelot transaction expenses. Non-GAAP EBITDA margin was -5.8%, compared with -1.5% in the same quarter of 2020.\nBasic and diluted net loss per share was RMB0.15 (US$0.02), compared with RMB0.03 in the same quarter of 2020.\nCash and cash equivalents and short-term investments were RMB5,994.7 million (US$930.4 million) as of September 30, 2021, compared to RMB5,474.9 million as of June 30, 2021.\nOutstanding ordinary shares were 3,625,037,000 as of September 30, 2021, equivalent to about 241,669,133 ADSs.\n_______________\n2 Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.\nBusiness Outlook\nFor the fourth quarter of 2021, the Company expects total revenues to be between RMB2.63 billion and RMB2.83 billion, representing a year- over-year growth of 37% to 47%. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.\nConference Call Information\nThe Company will hold a conference call on Wednesday, November 24, 2021, at 7:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong Time on the same day) to discuss the financial results.\nParticipants can register for the conference call by navigating to http://apac.directeventreg.com/registration/event/3224539. Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique registrant ID.\nTo join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your registrant ID, and you will join the conference instantly.\nA telephone replay of the call will be available after the conclusion of the conference call through 8:00 a.m. U.S. Eastern Time, December 2, 2021. The dial-in details for the replay are as follows:\nInternational: +61-2-8199-0299\nU.S. Toll Free: +1-855-452-5696\nMainland China Toll Free: 800-870-0206\nHong Kong Toll Free: 800-963-117\nConference ID: 3224539\nA live and archived webcast of the conference call will also be available at the Company’s investor relations website at http://ir.ksyun.com/.\nUse of Non-GAAP Financial Measures\nThe unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation, foreign exchange (gain) loss, other gain and other (income) expense, net, and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense and depreciation and amortization, and we define Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors’ assessment of our operating performance.\nThese non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.\nWe compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.\nExchange Rate Information\nThis press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.\nSafe Harbor Statement\nThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.\nAbout Kingsoft Cloud Holdings Limited\nKingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\nUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS\n\n\n(All amounts in thousands)\n\n\n\nDec 31,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nUS$\n\n\nASSETS\n\n\n\n\n\nCurrent assets:\n\n\n\n\n\nCash and cash equivalents\n3,424,674\n\n3,444,174\n\n534,527\n\n\n\nRestricted cash\n—\n\n150,593\n\n23,372\n\n\n\nAccounts receivable, net\n2,334,871\n\n4,431,060\n\n687,690\n\n\n\nShort-term investments\n2,693,019\n\n2,550,488\n\n395,830\n\n\n\nPrepayments and other assets\n887,086\n\n1,127,668\n\n175,011\n\n\n\nAmounts due from related parties\n205,068\n\n270,572\n\n41,992\n\n\n\nTotal current assets\n9,544,718\n\n11,974,555\n\n1,858,422\n\n\n\nNon-current assets:\n\n\n\n\n\nProperty and equipment, net\n1,956,790\n\n2,058,794\n\n319,520\n\n\n\nIntangible assets, net\n16,573\n\n1,252,198\n\n194,338\n\n\n\nPrepayments and other assets\n11,824\n\n49,291\n\n7,650\n\n\n\nEquity investments\n126,583\n\n88,757\n\n13,775\n\n\n\nGoodwill\n-\n\n4,402,568\n\n683,268\n\n\n\nAmounts due from related parties\n5,758\n\n5,758\n\n894\n\n\n\nOperating lease right-of-use assets\n266,968\n\n257,153\n\n39,910\n\n\n\nDeferred tax assets\n—\n\n16,515\n\n2,563\n\n\n\nTotal non-current assets\n2,384,496\n\n8,131,034\n\n1,261,918\n\n\n\nTotal assets\n11,929,214\n\n20,105,589\n\n3,120,340\n\n\n\n\n\n\n\n\n\nLIABILITIES AND SHAREHOLDERS’ EQUITY\n\n\n\n\n\nCurrent liabilities:\n\n\n\n\n\nShort-term bank loans\n278,488\n\n901,455\n\n139,904\n\n\n\nAccounts payable\n2,057,355\n\n3,151,825\n\n489,156\n\n\n\nAccrued expenses and other current liabilities\n845,374\n\n1,458,523\n\n226,359\n\n\n\nLong-term bank loan, current portion\n74,351.00\n\n—\n\n—\n\n\n\nIncome tax payable\n20,564\n\n79,673\n\n12,365\n\n\n\nAmounts due to related parties\n112,998\n\n263,930\n\n40,961\n\n\n\nCurrent operating lease liabilities\n76,469\n\n74,638\n\n11,584\n\n\n\nTotal current liabilities\n3,465,599\n\n5,930,044\n\n920,329\n\n\n\n\n\n\n\n\n\nNon-current liabilities:\n\n\n\n\n\nDeferred tax liabilities\n29\n\n251,081\n\n38,967\n\n\n\nAmounts due to related parties\n—\n\n425,762\n\n66,077\n\n\n\nOther liabilities\n40,578\n\n1,256,123\n\n194,947\n\n\n\nNon-current operating lease liabilities\n182,958\n\n181,622\n\n28,187\n\n\n\nTotal non-current liabilities\n223,565\n\n2,114,588\n\n328,178\n\n\n\nTotal liabilities\n3,689,164\n\n8,044,632\n\n1,248,507\n\n\n\nShareholders’ equity:\n\n\n\n\n\nOrdinary shares\n22,801\n\n24,645\n\n3,825\n\n\n\nAdditional paid-in capital\n14,149,984\n\n18,112,182\n\n2,810,968\n\n\n\nAccumulated deficit\n(5,864,356\n)\n(6,980,829\n)\n(1,083,408\n)\n\n\nAccumulated other comprehensive loss\n(68,440\n)\n(88,882\n)\n(13,794\n)\n\n\nTotal Kingsoft Cloud Holdings Limited shareholders’ equity\n8,239,989\n\n11,067,116\n\n1,717,591\n\n\n\nNoncontrolling interests\n61\n\n993,841\n\n154,242\n\n\n\nTotal equity\n8,240,050\n\n12,060,957\n\n1,871,833\n\n\n\nTotal liabilities and shareholders’ equity\n11,929,214\n\n20,105,589\n\n3,120,340\n\n\n\n\n\n\n\n\n\n\nFor the business combinations occurred during the period, the Company is in the process of finalizing valuations of the net identifiable assets acquired. As the Company receives additional information during the measurement period, the fair values assigned to the assets and liabilities may be adjusted.\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\nUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS\n\n\n(All amounts in thousands, except for share and per share data)\n\n\n\nThree Months Ended\n\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nRMB\nRMB\nUS$\nRMB\nRMB\nUS$\n\n\nRevenues:\n\n\n\n\n\n\n\n\n\n\nPublic cloud services\n1,309,693\n\n1,391,833\n\n1,550,777\n\n1,685,999\n\n261,663\n\n3,805,346\n\n4,628,609\n\n718,349\n\n\n\nEnterprise cloud services\n409,101\n\n420,032\n\n622,145\n\n726,865\n\n112,808\n\n836,769\n\n1,769,042\n\n274,551\n\n\n\nOthers\n10,049\n\n1,667\n\n765\n\n971\n\n151\n\n12,446\n\n3,403\n\n528\n\n\n\nTotal revenues\n1,728,843\n\n1,813,532\n\n2,173,687\n\n2,413,835\n\n374,622\n\n4,654,561\n\n6,401,054\n\n993,428\n\n\n\nCost of revenues\n(1,615,945\n)\n(1,697,029\n)\n(2,055,205\n)\n(2,325,423\n)\n(360,900\n)\n(4,390,148\n)\n(6,077,657\n)\n(943,238\n)\n\n\nGross profit \n112,898\n\n116,503\n\n118,482\n\n88,412\n\n13,722\n\n264,413\n\n323,397\n\n50,190\n\n\n\nOperating expenses:\n\n\n\n\n\n\n\n\n\n\nSelling and marketing expenses\n(96,802\n)\n(112,826\n)\n(96,058\n)\n(132,202\n)\n(20,517\n)\n(294,545\n)\n(341,086\n)\n(52,936\n)\n\n\nGeneral and administrative expenses\n(91,338\n)\n(91,177\n)\n(110,637\n)\n(156,573\n)\n(24,300\n)\n(337,736\n)\n(358,387\n)\n(55,621\n)\n\n\nResearch and development expenses\n(167,590\n)\n(264,636\n)\n(232,252\n)\n(268,721\n)\n(41,705\n)\n(594,068\n)\n(765,609\n)\n(118,821\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\nTotal operating expenses\n(355,730\n)\n(468,639\n)\n(438,947\n)\n(557,496\n)\n(86,522\n)\n(1,226,349\n)\n(1,465,082\n)\n(227,378\n)\n\n\nOperating loss\n(242,832\n)\n(352,136\n)\n(320,465\n)\n(469,084\n)\n(72,800\n)\n(961,936\n)\n(1,141,685\n)\n(177,188\n)\n\n\nInterest income\n24,414\n\n17,746\n\n18,927\n\n14,668\n\n2,276\n\n55,446\n\n51,341\n\n7,968\n\n\n\nInterest expense\n(3,940\n)\n(3,866\n)\n(6,689\n)\n(14,277\n)\n(2,216\n)\n(7,615\n)\n(24,832\n)\n(3,854\n)\n\n\nForeign exchange gain (loss)\n117,714\n\n(48,375\n)\n71,277\n\n(32,443\n)\n(5,035\n)\n74,687\n\n(9,541\n)\n(1,481\n)\n\n\nOther gain\n2,825\n\n5,782\n\n15,357\n\n-\n\n-\n\n3,023\n\n21,139\n\n3,281\n\n\n\nOther income (expense), net\n515\n\n1,926\n\n4,464\n\n(596\n)\n(92\n)\n(9,086\n)\n5,794\n\n899\n\n\n\nLoss before income taxes\n(101,304\n)\n(378,923\n)\n(217,129\n)\n(501,732\n)\n(77,867\n)\n(845,481\n)\n(1,097,784\n)\n(170,375\n)\n\n\nIncome tax expense\n(4,033\n)\n(3,286\n)\n(3,469\n)\n(5,004\n)\n(777\n)\n(11,559\n)\n(11,759\n)\n(1,825\n)\n\n\nNet loss\n(105,337\n)\n(382,209\n)\n(220,598\n)\n(506,736\n)\n(78,644\n)\n(857,040\n)\n(1,109,543\n)\n(172,200\n)\n\n\nLess: net income (loss) attributable to noncontrolling interests\n196\n\n255\n\n(244\n)\n1,232\n\n191\n\n7\n\n1,243\n\n193\n\n\n\nNet loss attributable to Kingsoft Cloud Holdings Limited\n(105,533\n)\n(382,464\n)\n(220,354\n)\n(507,968\n)\n(78,835\n)\n(857,047\n)\n(1,110,786\n)\n(172,393\n)\n\n\nAccretion to redemption value of redeemable convertible preferred shares\n-\n\n-\n\n-\n\n-\n\n-\n\n(19,768\n)\n-\n\n-\n\n\n\nNet loss attributable to ordinary shareholders\n(105,533\n)\n(382,464\n)\n(220,354\n)\n(507,968\n)\n(78,835\n)\n(876,815\n)\n(1,110,786\n)\n(172,393\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\nNet loss per share:\n\n\n\n\n\n\n\n\n\n\nBasic and diluted\n(0.03\n)\n(0.11\n)\n(0.07\n)\n(0.15\n)\n(0.02\n)\n(0.42\n)\n(0.33\n)\n(0.05\n)\n\n\nShares used in the net loss per share computation:\n\n\n\n\n\n\n\n\n\n\nBasic and diluted\n3,153,524,558\n\n3,343,336,997\n\n3,351,178,745\n\n3,437,397,527\n\n3,437,397,527\n\n2,098,997,211\n\n3,377,952,450\n\n3,377,952,450\n\n\n\nOther comprehensive (loss) income, net of tax of nil:\n\n\n\n\n\n\n\n\n\n\nForeign currency translation adjustments\n(277,166\n)\n70,773\n\n(132,888\n)\n41,673\n\n6,468\n\n(225,134\n)\n(20,442\n)\n(3,173\n)\n\n\nComprehensive loss\n(382,503\n)\n(311,436\n)\n(353,486\n)\n(465,063\n)\n(72,176\n)\n(1,082,174\n)\n(1,129,985\n)\n(175,373\n)\n\n\nLess: Comprehensive income (loss) attributable to noncontrolling interests\n196\n\n255\n\n(244\n)\n1,232\n\n191\n\n7\n\n1,243\n\n193\n\n\n\nComprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders\n(382,699\n)\n(311,691\n)\n(353,242\n)\n(466,295\n)\n(72,367\n)\n(1,082,181\n)\n(1,131,228\n)\n(175,566\n)\n\n\nAccretion to redemption value of redeemable convertible preferred shares\n-\n\n-\n\n-\n\n-\n\n-\n\n(19,768\n)\n-\n\n-\n\n\n\nComprehensive loss attributable to ordinary shareholders\n(382,699\n)\n(311,691\n)\n(353,242\n)\n(466,295\n)\n(72,367\n)\n(1,101,949\n)\n(1,131,228\n)\n(175,566\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nRMB\nRMB\nUS$\nRMB\nRMB\nUS$\n\n\nGross profit\n112,898\n116,503\n118,482\n88,412\n13,722\n264,413\n323,397\n50,190\n\n\nAdjustments:\n\n\n\n\n\n\n\n\n\n\n– Share-based compensation expenses\n1,858\n5,499\n2,961\n3,741\n581\n8,293\n12,201\n1,894\n\n\nAdjusted gross profit\n114,756\n122,002\n121,443\n92,153\n14,303\n272,706\n335,598\n52,084\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\n\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\n\n\nGross margin\n6.5%\n6.4%\n5.5%\n3.7%\n5.7%\n5.1%\n\n\nAdjusted gross margin\n6.6%\n6.7%\n5.6%\n3.8%\n5.9%\n5.2%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nRMB\nRMB\nUS$\nRMB\nRMB\nUS$\n\n\nNet Loss\n(105,337\n)\n(382,209\n)\n(220,598\n)\n(506,736\n)\n(78,644\n)\n(857,040\n)\n(1,109,543\n)\n(172,200\n)\n\n\nAdjustments:\n\n\n\n\n\n\n\n\n\n\n– Share-based compensation expenses\n57,339\n\n123,113\n\n76,092\n\n110,006\n\n17,073\n\n275,571\n\n309,211\n\n47,989\n\n\n\n– Foreign exchange (gain) loss\n(117,714\n)\n48,375\n\n(71,277\n)\n32,443\n\n5,035\n\n(74,687\n)\n9,541\n\n1,481\n\n\n\n– Other gain\n(2,825\n)\n(5,782\n)\n(15,357\n)\n-\n\n-\n\n(3,023\n)\n(21,139\n)\n(3,281\n)\n\n\n– Other (income) expense, net\n(515\n)\n(1,926\n)\n(4,464\n)\n596\n\n92\n\n9,086\n\n(5,794\n)\n(899\n)\n\n\nAdjusted net loss\n(169,052\n)\n(218,429\n)\n(235,604\n)\n(363,691\n)\n(56,444\n)\n(650,093\n)\n(817,724\n)\n(126,910\n)\n\n\nAdjustments:\n\n\n\n\n\n\n\n\n\n\n– Interest income\n(24,414\n)\n(17,746\n)\n(18,927\n)\n(14,668\n)\n(2,276\n)\n(55,446\n)\n(51,341\n)\n(7,968\n)\n\n\n– Interest expense\n3,940\n\n3,866\n\n6,689\n\n14,277\n\n2,216\n\n7,615\n\n24,832\n\n3,854\n\n\n\n– Income tax expense\n4,033\n\n3,286\n\n3,469\n\n5,004\n\n777\n\n11,559\n\n11,759\n\n1,825\n\n\n\n– Depreciation and amortization\n159,199\n\n180,466\n\n189,123\n\n218,450\n\n33,903\n\n584,788\n\n588,039\n\n91,262\n\n\n\nAdjusted EBITDA\n(26,294\n)\n(48,557\n)\n(55,250\n)\n(140,628\n)\n(21,824\n)\n(101,577\n)\n(244,435\n)\n(37,937\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\n\n\nNet loss margin\n(6.1%)\n(21.1%)\n(10.1%)\n(21.0%)\n(18.4%)\n(17.3%)\n\n\nAdjusted net loss margin\n(9.8%)\n(12.0%)\n(10.8%)\n(15.1%)\n(14.0%)\n(12.8%)\n\n\nAdjusted EBITDA margin\n(1.5%)\n(2.7%)\n(2.5%)\n(5.8%)\n(2.2%)\n(3.8%)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\nUNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS\n\n\n(All amounts in thousands)\n\n\n\nThree Months Ended\n\n\n\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nUS$\n\n\nNet cash (used in) generated from operating activities\n(103,510\n)\n13,926\n2,161\n\n\nNet cash (used in) generated from investing activities\n(1,037,103\n)\n99,442\n15,433\n\n\nNet cash generated from financing activities\n1,770,098\n\n526,164\n81,659\n\n\nEffect of exchange rate changes on cash, cash equivalents and restricted cash\n(73,469\n)\n616\n96\n\n\nNet increase in cash, cash equivalents and restricted cash\n629,485\n\n639,532\n99,253\n\n\nCash, cash equivalents and restricted cash at beginning of period\n3,310,487\n\n2,954,619\n458,550\n\n\nCash, cash equivalents and restricted cash at end of period\n3,866,503\n\n3,594,767\n557,899","news_type":1,"symbols_score_info":{"KC":0.9}},"isVote":1,"tweetType":1,"viewCount":2387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875547653,"gmtCreate":1637674786310,"gmtModify":1637674786310,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875547653","repostId":"2185757384","repostType":4,"isVote":1,"tweetType":1,"viewCount":2182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875091400,"gmtCreate":1637584556056,"gmtModify":1637584556174,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875091400","repostId":"2185787906","repostType":4,"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872957164,"gmtCreate":1637404482163,"gmtModify":1637404482163,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/872957164","repostId":"2184054847","repostType":4,"isVote":1,"tweetType":1,"viewCount":903,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876532231,"gmtCreate":1637330455381,"gmtModify":1637330455567,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876532231","repostId":"1111586448","repostType":4,"repost":{"id":"1111586448","kind":"news","pubTimestamp":1637329309,"share":"https://www.laohu8.com/m/news/1111586448?lang=&edition=full","pubTime":"2021-11-19 21:41","market":"us","language":"en","title":"10 Biggest Price Target Changes For Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1111586448","media":"Benzinga","summary":"Wedbush raised Tesla, Inc.(NASDAQ:TSLA) price target from $1,100 to $1,400. Tesla shares rose 0.4% t","content":"<ul>\n <li>Wedbush raised&nbsp;<b>Tesla, Inc.</b>(NASDAQ:TSLA) price target from $1,100 to $1,400. Tesla shares rose 0.4% to $1,100.50 in pre-market trading.</li>\n <li>Credit Suisse lifted&nbsp;<b>Macy's, Inc.</b>(NYSE:M) price target from $19 to $32. Macy's shares fell 2.2% to $36.54 in pre-market trading.</li>\n <li>JMP Securities boosted&nbsp;<b>Palo Alto Networks, Inc.</b>(NYSE:PANW) price target from $550 to $585. Palo Alto shares gained 3.8% to $539.89 in pre-market trading.</li>\n <li>Barclays lifted the price target for&nbsp;<b>Workday, Inc.</b>(NASDAQ:WDAY) from $340 to $345. Workday shares dipped 7.8% to $275.79 in pre-market trading.</li>\n <li>Wedbush boosted the price target on&nbsp;<b>Globant S.A.</b>(NYSE:GLOB) from $300 to $330. Globant shares rose 2.7% to $319.00 in pre-market trading.</li>\n <li>Oppenheimer raised the price target on&nbsp;<b>Analog Devices, Inc.</b>(NASDAQ:ADI) from $200 to $210. Analog Devices shares rose 0.5% to $189.00 in pre-market trading.</li>\n <li>Mizuho lifted the price target for&nbsp;<b>JD.com, Inc.</b>(NASDAQ:JD) from $95 to $100. JD.com shares rose 1.4% to $89.29 in pre-market trading.</li>\n <li>Needham boosted&nbsp;<b>Applied Materials, Inc.</b>(NASDAQ:AMAT) price target from $153 to $166. Applied Materials shares fell 6.6% to $148.35 in pre-market trading.</li>\n <li>Telsey Advisory Group boosted the price target on&nbsp;<b>Williams-Sonoma, Inc.</b>(NYSE:WSM) from $220 to $250. Williams-Sonoma shares fell 7.5% to $202.99 in pre-market trading.</li>\n <li>MKM Partners raised&nbsp;<b>Walmart Inc.</b>(NYSE:WMT) price target from $156 to $166. Walmart shares rose 0.3% to $143.65 in pre-market trading.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Biggest Price Target Changes For Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n10 Biggest Price Target Changes For Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 21:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/price-target/21/11/24191516/10-biggest-price-target-changes-for-friday><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wedbush raised Tesla, Inc.(NASDAQ:TSLA) price target from $1,100 to $1,400. Tesla shares rose 0.4% to $1,100.50 in pre-market trading.\nCredit Suisse lifted Macy's, Inc.(NYSE:M) price target from $19 ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/price-target/21/11/24191516/10-biggest-price-target-changes-for-friday\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WSM":"Williams-Sonoma Inc","AMAT":"应用材料","PANW":"Palo Alto Networks","GLOB":"Globant","M":"梅西百货","ADI":"亚德诺","WMT":"沃尔玛","JD":"京东","WDAY":"Workday","TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/analyst-ratings/price-target/21/11/24191516/10-biggest-price-target-changes-for-friday","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111586448","content_text":"Wedbush raised Tesla, Inc.(NASDAQ:TSLA) price target from $1,100 to $1,400. Tesla shares rose 0.4% to $1,100.50 in pre-market trading.\nCredit Suisse lifted Macy's, Inc.(NYSE:M) price target from $19 to $32. Macy's shares fell 2.2% to $36.54 in pre-market trading.\nJMP Securities boosted Palo Alto Networks, Inc.(NYSE:PANW) price target from $550 to $585. Palo Alto shares gained 3.8% to $539.89 in pre-market trading.\nBarclays lifted the price target for Workday, Inc.(NASDAQ:WDAY) from $340 to $345. Workday shares dipped 7.8% to $275.79 in pre-market trading.\nWedbush boosted the price target on Globant S.A.(NYSE:GLOB) from $300 to $330. Globant shares rose 2.7% to $319.00 in pre-market trading.\nOppenheimer raised the price target on Analog Devices, Inc.(NASDAQ:ADI) from $200 to $210. Analog Devices shares rose 0.5% to $189.00 in pre-market trading.\nMizuho lifted the price target for JD.com, Inc.(NASDAQ:JD) from $95 to $100. JD.com shares rose 1.4% to $89.29 in pre-market trading.\nNeedham boosted Applied Materials, Inc.(NASDAQ:AMAT) price target from $153 to $166. Applied Materials shares fell 6.6% to $148.35 in pre-market trading.\nTelsey Advisory Group boosted the price target on Williams-Sonoma, Inc.(NYSE:WSM) from $220 to $250. Williams-Sonoma shares fell 7.5% to $202.99 in pre-market trading.\nMKM Partners raised Walmart Inc.(NYSE:WMT) price target from $156 to $166. Walmart shares rose 0.3% to $143.65 in pre-market trading.","news_type":1,"symbols_score_info":{"ADI":0.9,"AMAT":0.9,"GLOB":0.9,"JD":0.9,"M":0.9,"PANW":0.9,"TSLA":0.9,"WDAY":0.9,"WMT":0.9,"WSM":0.9}},"isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876003875,"gmtCreate":1637239985448,"gmtModify":1637239985448,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/876003875","repostId":"1183966718","repostType":4,"repost":{"id":"1183966718","kind":"news","pubTimestamp":1637238943,"share":"https://www.laohu8.com/m/news/1183966718?lang=&edition=full","pubTime":"2021-11-18 20:35","market":"us","language":"en","title":"4 Stocks Insiders Are Selling","url":"https://stock-news.laohu8.com/highlight/detail?id=1183966718","media":"Benzinga","summary":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view t","content":"<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>\n<p>Below is a look at a few recent notable insider sales.</p>\n<p><b>Marvell Technology</b></p>\n<ul>\n <li><b>The Trade:Marvell Technology, Inc.</b>&nbsp;President, Products and Tech Raghib Hussain&nbsp;<i>disposed a total of 324957 shares</i>&nbsp;at an average price of $72.51. The insider received $23,561,016.51 as a result of the transaction. The insider also bought a total of 124957 shares.</li>\n <li><b>What’s Happening:</b>Marvell Technology, recently commenced an offer to exchange certain of its outstanding unregistered notes for new registered notes.</li>\n <li><b>What Marvell Technology Does:</b>Marvell Technology is a leading fabless chipmaker focused on networking and storage applications. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical interconnections, application-specific integrated circuits (ASICs), and merchant silicon for ethernet applications.</li>\n</ul>\n<p><b>Alphabet</b></p>\n<ul>\n <li><b>The Trade:Alphabet Inc.</b>&nbsp;CEO Sundar Pichai&nbsp;<i>sold a total of 16500 shares</i>&nbsp;at an average price of $2,981.43. The insider received $8,944,299.26 from selling those shares. The insider also acquired a total of 13500 shares.</li>\n <li><b>What’s Happening:</b>NICE and Google Cloud announced collaboration to drive smarter digital conversations and improve self-service experiences.</li>\n <li><b>What Alphabet Does:</b>Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.</li>\n</ul>\n<p><b>TriNet Group</b></p>\n<ul>\n <li><b>The Trade:TriNet Group, Inc.</b>&nbsp;Principal Accounting Officer Chris Kondo&nbsp;<i>sold a total of 21491 shares</i>&nbsp;at an average price of $108.08. The insider received $1,242,000.35 as a result of the transaction. The insider also acquired a total of 2000 shares.</li>\n <li><b>What’s Happening:</b>Trinet Group, last month, announced better-than-expected Q3 EPS results.</li>\n <li><b>What TriNet Group Does:</b>Trinet Group Inc is a United States-based company that provides human resources solutions for small to medium-size companies.</li>\n</ul>\n<p><b>Snap</b></p>\n<ul>\n <li><b>The Trade:Snap Inc.</b>&nbsp;Chief Financial Officer Derek Andersen&nbsp;<i>sold a total of 12793 shares</i>&nbsp;at an average price of $54.31. The insider received $694,787.12 from selling those shares.</li>\n <li><b>What’s Happening:</b>Camo, last month, reported a partnership with Snap to accelerate augmented reality streams for games, meetings, presentations.</li>\n <li><b>What Snap Does:</b>Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Stocks Insiders Are Selling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Stocks Insiders Are Selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 20:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/11/24166153/4-stocks-insiders-are-selling><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/11/24166153/4-stocks-insiders-are-selling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TNET":"TriNet Group Inc","SNAP":"Snap Inc","MRVL":"迈威尔科技","GOOG":"谷歌"},"source_url":"https://www.benzinga.com/news/21/11/24166153/4-stocks-insiders-are-selling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183966718","content_text":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.\nBelow is a look at a few recent notable insider sales.\nMarvell Technology\n\nThe Trade:Marvell Technology, Inc. President, Products and Tech Raghib Hussain disposed a total of 324957 shares at an average price of $72.51. The insider received $23,561,016.51 as a result of the transaction. The insider also bought a total of 124957 shares.\nWhat’s Happening:Marvell Technology, recently commenced an offer to exchange certain of its outstanding unregistered notes for new registered notes.\nWhat Marvell Technology Does:Marvell Technology is a leading fabless chipmaker focused on networking and storage applications. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical interconnections, application-specific integrated circuits (ASICs), and merchant silicon for ethernet applications.\n\nAlphabet\n\nThe Trade:Alphabet Inc. CEO Sundar Pichai sold a total of 16500 shares at an average price of $2,981.43. The insider received $8,944,299.26 from selling those shares. The insider also acquired a total of 13500 shares.\nWhat’s Happening:NICE and Google Cloud announced collaboration to drive smarter digital conversations and improve self-service experiences.\nWhat Alphabet Does:Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.\n\nTriNet Group\n\nThe Trade:TriNet Group, Inc. Principal Accounting Officer Chris Kondo sold a total of 21491 shares at an average price of $108.08. The insider received $1,242,000.35 as a result of the transaction. The insider also acquired a total of 2000 shares.\nWhat’s Happening:Trinet Group, last month, announced better-than-expected Q3 EPS results.\nWhat TriNet Group Does:Trinet Group Inc is a United States-based company that provides human resources solutions for small to medium-size companies.\n\nSnap\n\nThe Trade:Snap Inc. Chief Financial Officer Derek Andersen sold a total of 12793 shares at an average price of $54.31. The insider received $694,787.12 from selling those shares.\nWhat’s Happening:Camo, last month, reported a partnership with Snap to accelerate augmented reality streams for games, meetings, presentations.\nWhat Snap Does:Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe.","news_type":1,"symbols_score_info":{"GOOG":0.9,"MRVL":0.9,"SNAP":0.9,"TNET":0.9}},"isVote":1,"tweetType":1,"viewCount":888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878350700,"gmtCreate":1637153006987,"gmtModify":1637153006987,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/878350700","repostId":"1125512482","repostType":4,"repost":{"id":"1125512482","kind":"news","pubTimestamp":1637152604,"share":"https://www.laohu8.com/m/news/1125512482?lang=&edition=full","pubTime":"2021-11-17 20:36","market":"us","language":"en","title":"Volkswagen powers up the grid to take on Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1125512482","media":"Reuters","summary":"Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment t","content":"<p>Volkswagen&nbsp;plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla&nbsp;in a key electric vehicle (EV) battleground: power infrastructure.</p>\n<p>By ensuring there are enough fast-charging plugs - and enough power - for the EVs it wants to sell, Europe's biggest carmaker hopes to convince drivers worried about battery ranges that they can ditch their fossil fuel cars for good.</p>\n<p>Underlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German energy companies RWE&nbsp;and Innogy, to help the carmaker get in better shape to take on Tesla.</p>\n<p>In the job since January, Temme, 53, has been tasked with bundling the carmaker's various power activities such as procuring energy, enabling customers to charge their cars at home, and on the road, and selling the electricity required.</p>\n<p>Getting this done will require a bigger workforce and Temme plans to double the staff at Volkswagen's European charging and energy division, known as Elli, to about 300 in 2022, having already tripled it this year, she told Reuters in an interview.</p>\n<p>\"We're investing in huge growth areas that don't always have to be profitable right away. We always see these investments in the overall context of our group strategy,\" she said. \"That's why building up a comprehensive infrastructure is key.\"</p>\n<p>Temme declined to specify the budget she has been given but said Volkswagen, led by Tesla admirer Herbert Diess, has approved the investment requests for the division, which also sells home battery storage systems similar to Tesla's Powerwall.</p>\n<p>Volkswagen leads the pack worldwide by far with its investment plans for EVs and batteries through 2030, according to a&nbsp;Reuters analysis, and it is planning to spend 35 billion euros on battery EVs by 2025.</p>\n<p>PLAYING CATCH UP</p>\n<p>But when it comes to the networks of fast-chargers that many analysts believe are crucial for bringing EVs into the mainstream, VW has some catching up to do.</p>\n<p>Tesla has been rolling out high-performance Superchargers for years and has a global network of about 30,000 fast-chargers that it says can give a 200 km (125 mile) boost in 15 minutes.</p>\n<p>The company said in October that its own network has doubled in the past 18 months - and will triple over the next two years.</p>\n<p>Volkswagen, meanwhile expects its network of fast-chargers to nearly quadruple to about 45,000 by 2025 - when it aims to overhaul Tesla as the global EV market leader - with 18,000 EV pumps in Europe, 17,000 in China and 10,000 in North America.</p>\n<p>Volkswagen in March said it plans to spend 400 million euros on expanding its fast-charging network on the continent by then.</p>\n<p>But that's a drop in the ocean compared with the 5 billion euros the European Union reckons is needed every year until 2040 to expand charging infrastructure on the continent, and it is raising the pressure on utilities and governments to step up.</p>\n<p>In Europe, the Volkswagen group is a shareholder in the EU's fast-charging venture Ionity, along with rival carmakers BMW, Daimler's&nbsp;Mercedes-Benz, Ford&nbsp;and Hyundai.</p>\n<p>It has also teamed up with energy firms such as Italy's Enel, Britain's BP&nbsp;and Spain's Iberdrola&nbsp;to plug geographical gaps and form the blueprint for how funding for EV infrastructure can be split across industries.</p>\n<p>\"Various models are conceivable, from product partnerships and joint ventures to M&amp;A,\" said Temme.</p>\n<p>CARS AND POWER</p>\n<p>Tesla has already shown that when it comes to EVs, just selling cars no longer cuts it. It has adopted a model that offers customers everything from cars to battery storage to solar panels as well aselectricityin some U.S. states.</p>\n<p>Volkswagen is now selling power to retail clients that drive an EV or plug-in hybrids. One of its tariffs - which is available to customers who don't own a VW - has attracted more than 10,000 clients since its launch in July, Temme said.</p>\n<p>She said VW was planning to make its fast-chargers available for all EV drivers, unlike Tesla which has so far kept its supercharging network just for Tesla drivers - with the exception of a pilot programme in the Netherlands.</p>\n<p>\"We are pursuing a different approach than Tesla when it comes to charging infrastructure roll-out,\" said Temme.</p>\n<p>\"We want an open, non-discriminatory charging network and will develop our services to make our offer more comfortable, simpler, more attractive.\"</p>\n<p>Volkswagen says its open-for-all approach means buyers of its EVs can charge at more than 250,000 existing public charging points across Europe - from various providers with various charging speeds.</p>\n<p>The problem is that charging protocols and payment methods can vary across vendors, potentially turning the act of refueling an EV into a time-consuming and messy undertaking.</p>\n<p>From the first quarter of 2022, Volkswagen plans to offer \"Plug &amp; Charge\" technology in Europe to make the process smoother.</p>\n<p>The car will store the owner's payment details and make a contactless payment when the charging plug is attached to the EV at refuelling stations set up for the service.</p>\n<p>While these are new challenges for established carmakers, Temme, who witnessed first-hand the abrupt shift of Germany's utilities away from nuclear power in the wake of the Fukushima disaster, believes they can be mastered.</p>\n<p>\"Utilities must reinvent themselves and transition from nuclear and coal to renewables. In the automotive industry, including at Volkswagen, the question is currently how to consistently shift the focus from conventional vehicles to sustainable mobility,\" she said.</p>\n<p>\"These challenges are of similar magnitude.\"</p>\n<p>($1 = 0.8738 euros)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Volkswagen powers up the grid to take on Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVolkswagen powers up the grid to take on Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla in a key electric vehicle (EV) ...</p>\n\n<a href=\"https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","VLKAF":"Volkswagen AG"},"source_url":"https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125512482","content_text":"Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla in a key electric vehicle (EV) battleground: power infrastructure.\nBy ensuring there are enough fast-charging plugs - and enough power - for the EVs it wants to sell, Europe's biggest carmaker hopes to convince drivers worried about battery ranges that they can ditch their fossil fuel cars for good.\nUnderlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German energy companies RWE and Innogy, to help the carmaker get in better shape to take on Tesla.\nIn the job since January, Temme, 53, has been tasked with bundling the carmaker's various power activities such as procuring energy, enabling customers to charge their cars at home, and on the road, and selling the electricity required.\nGetting this done will require a bigger workforce and Temme plans to double the staff at Volkswagen's European charging and energy division, known as Elli, to about 300 in 2022, having already tripled it this year, she told Reuters in an interview.\n\"We're investing in huge growth areas that don't always have to be profitable right away. We always see these investments in the overall context of our group strategy,\" she said. \"That's why building up a comprehensive infrastructure is key.\"\nTemme declined to specify the budget she has been given but said Volkswagen, led by Tesla admirer Herbert Diess, has approved the investment requests for the division, which also sells home battery storage systems similar to Tesla's Powerwall.\nVolkswagen leads the pack worldwide by far with its investment plans for EVs and batteries through 2030, according to a Reuters analysis, and it is planning to spend 35 billion euros on battery EVs by 2025.\nPLAYING CATCH UP\nBut when it comes to the networks of fast-chargers that many analysts believe are crucial for bringing EVs into the mainstream, VW has some catching up to do.\nTesla has been rolling out high-performance Superchargers for years and has a global network of about 30,000 fast-chargers that it says can give a 200 km (125 mile) boost in 15 minutes.\nThe company said in October that its own network has doubled in the past 18 months - and will triple over the next two years.\nVolkswagen, meanwhile expects its network of fast-chargers to nearly quadruple to about 45,000 by 2025 - when it aims to overhaul Tesla as the global EV market leader - with 18,000 EV pumps in Europe, 17,000 in China and 10,000 in North America.\nVolkswagen in March said it plans to spend 400 million euros on expanding its fast-charging network on the continent by then.\nBut that's a drop in the ocean compared with the 5 billion euros the European Union reckons is needed every year until 2040 to expand charging infrastructure on the continent, and it is raising the pressure on utilities and governments to step up.\nIn Europe, the Volkswagen group is a shareholder in the EU's fast-charging venture Ionity, along with rival carmakers BMW, Daimler's Mercedes-Benz, Ford and Hyundai.\nIt has also teamed up with energy firms such as Italy's Enel, Britain's BP and Spain's Iberdrola to plug geographical gaps and form the blueprint for how funding for EV infrastructure can be split across industries.\n\"Various models are conceivable, from product partnerships and joint ventures to M&A,\" said Temme.\nCARS AND POWER\nTesla has already shown that when it comes to EVs, just selling cars no longer cuts it. It has adopted a model that offers customers everything from cars to battery storage to solar panels as well aselectricityin some U.S. states.\nVolkswagen is now selling power to retail clients that drive an EV or plug-in hybrids. One of its tariffs - which is available to customers who don't own a VW - has attracted more than 10,000 clients since its launch in July, Temme said.\nShe said VW was planning to make its fast-chargers available for all EV drivers, unlike Tesla which has so far kept its supercharging network just for Tesla drivers - with the exception of a pilot programme in the Netherlands.\n\"We are pursuing a different approach than Tesla when it comes to charging infrastructure roll-out,\" said Temme.\n\"We want an open, non-discriminatory charging network and will develop our services to make our offer more comfortable, simpler, more attractive.\"\nVolkswagen says its open-for-all approach means buyers of its EVs can charge at more than 250,000 existing public charging points across Europe - from various providers with various charging speeds.\nThe problem is that charging protocols and payment methods can vary across vendors, potentially turning the act of refueling an EV into a time-consuming and messy undertaking.\nFrom the first quarter of 2022, Volkswagen plans to offer \"Plug & Charge\" technology in Europe to make the process smoother.\nThe car will store the owner's payment details and make a contactless payment when the charging plug is attached to the EV at refuelling stations set up for the service.\nWhile these are new challenges for established carmakers, Temme, who witnessed first-hand the abrupt shift of Germany's utilities away from nuclear power in the wake of the Fukushima disaster, believes they can be mastered.\n\"Utilities must reinvent themselves and transition from nuclear and coal to renewables. In the automotive industry, including at Volkswagen, the question is currently how to consistently shift the focus from conventional vehicles to sustainable mobility,\" she said.\n\"These challenges are of similar magnitude.\"\n($1 = 0.8738 euros)","news_type":1,"symbols_score_info":{"TSLA":0.9,"VLKAF":0.9}},"isVote":1,"tweetType":1,"viewCount":757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878350119,"gmtCreate":1637152974966,"gmtModify":1637152974966,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878350119","repostId":"1125512482","repostType":4,"repost":{"id":"1125512482","kind":"news","pubTimestamp":1637152604,"share":"https://www.laohu8.com/m/news/1125512482?lang=&edition=full","pubTime":"2021-11-17 20:36","market":"us","language":"en","title":"Volkswagen powers up the grid to take on Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1125512482","media":"Reuters","summary":"Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment t","content":"<p>Volkswagen&nbsp;plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla&nbsp;in a key electric vehicle (EV) battleground: power infrastructure.</p>\n<p>By ensuring there are enough fast-charging plugs - and enough power - for the EVs it wants to sell, Europe's biggest carmaker hopes to convince drivers worried about battery ranges that they can ditch their fossil fuel cars for good.</p>\n<p>Underlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German energy companies RWE&nbsp;and Innogy, to help the carmaker get in better shape to take on Tesla.</p>\n<p>In the job since January, Temme, 53, has been tasked with bundling the carmaker's various power activities such as procuring energy, enabling customers to charge their cars at home, and on the road, and selling the electricity required.</p>\n<p>Getting this done will require a bigger workforce and Temme plans to double the staff at Volkswagen's European charging and energy division, known as Elli, to about 300 in 2022, having already tripled it this year, she told Reuters in an interview.</p>\n<p>\"We're investing in huge growth areas that don't always have to be profitable right away. We always see these investments in the overall context of our group strategy,\" she said. \"That's why building up a comprehensive infrastructure is key.\"</p>\n<p>Temme declined to specify the budget she has been given but said Volkswagen, led by Tesla admirer Herbert Diess, has approved the investment requests for the division, which also sells home battery storage systems similar to Tesla's Powerwall.</p>\n<p>Volkswagen leads the pack worldwide by far with its investment plans for EVs and batteries through 2030, according to a&nbsp;Reuters analysis, and it is planning to spend 35 billion euros on battery EVs by 2025.</p>\n<p>PLAYING CATCH UP</p>\n<p>But when it comes to the networks of fast-chargers that many analysts believe are crucial for bringing EVs into the mainstream, VW has some catching up to do.</p>\n<p>Tesla has been rolling out high-performance Superchargers for years and has a global network of about 30,000 fast-chargers that it says can give a 200 km (125 mile) boost in 15 minutes.</p>\n<p>The company said in October that its own network has doubled in the past 18 months - and will triple over the next two years.</p>\n<p>Volkswagen, meanwhile expects its network of fast-chargers to nearly quadruple to about 45,000 by 2025 - when it aims to overhaul Tesla as the global EV market leader - with 18,000 EV pumps in Europe, 17,000 in China and 10,000 in North America.</p>\n<p>Volkswagen in March said it plans to spend 400 million euros on expanding its fast-charging network on the continent by then.</p>\n<p>But that's a drop in the ocean compared with the 5 billion euros the European Union reckons is needed every year until 2040 to expand charging infrastructure on the continent, and it is raising the pressure on utilities and governments to step up.</p>\n<p>In Europe, the Volkswagen group is a shareholder in the EU's fast-charging venture Ionity, along with rival carmakers BMW, Daimler's&nbsp;Mercedes-Benz, Ford&nbsp;and Hyundai.</p>\n<p>It has also teamed up with energy firms such as Italy's Enel, Britain's BP&nbsp;and Spain's Iberdrola&nbsp;to plug geographical gaps and form the blueprint for how funding for EV infrastructure can be split across industries.</p>\n<p>\"Various models are conceivable, from product partnerships and joint ventures to M&amp;A,\" said Temme.</p>\n<p>CARS AND POWER</p>\n<p>Tesla has already shown that when it comes to EVs, just selling cars no longer cuts it. It has adopted a model that offers customers everything from cars to battery storage to solar panels as well aselectricityin some U.S. states.</p>\n<p>Volkswagen is now selling power to retail clients that drive an EV or plug-in hybrids. One of its tariffs - which is available to customers who don't own a VW - has attracted more than 10,000 clients since its launch in July, Temme said.</p>\n<p>She said VW was planning to make its fast-chargers available for all EV drivers, unlike Tesla which has so far kept its supercharging network just for Tesla drivers - with the exception of a pilot programme in the Netherlands.</p>\n<p>\"We are pursuing a different approach than Tesla when it comes to charging infrastructure roll-out,\" said Temme.</p>\n<p>\"We want an open, non-discriminatory charging network and will develop our services to make our offer more comfortable, simpler, more attractive.\"</p>\n<p>Volkswagen says its open-for-all approach means buyers of its EVs can charge at more than 250,000 existing public charging points across Europe - from various providers with various charging speeds.</p>\n<p>The problem is that charging protocols and payment methods can vary across vendors, potentially turning the act of refueling an EV into a time-consuming and messy undertaking.</p>\n<p>From the first quarter of 2022, Volkswagen plans to offer \"Plug &amp; Charge\" technology in Europe to make the process smoother.</p>\n<p>The car will store the owner's payment details and make a contactless payment when the charging plug is attached to the EV at refuelling stations set up for the service.</p>\n<p>While these are new challenges for established carmakers, Temme, who witnessed first-hand the abrupt shift of Germany's utilities away from nuclear power in the wake of the Fukushima disaster, believes they can be mastered.</p>\n<p>\"Utilities must reinvent themselves and transition from nuclear and coal to renewables. In the automotive industry, including at Volkswagen, the question is currently how to consistently shift the focus from conventional vehicles to sustainable mobility,\" she said.</p>\n<p>\"These challenges are of similar magnitude.\"</p>\n<p>($1 = 0.8738 euros)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Volkswagen powers up the grid to take on Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVolkswagen powers up the grid to take on Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla in a key electric vehicle (EV) ...</p>\n\n<a href=\"https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","VLKAF":"Volkswagen AG"},"source_url":"https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125512482","content_text":"Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla in a key electric vehicle (EV) battleground: power infrastructure.\nBy ensuring there are enough fast-charging plugs - and enough power - for the EVs it wants to sell, Europe's biggest carmaker hopes to convince drivers worried about battery ranges that they can ditch their fossil fuel cars for good.\nUnderlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German energy companies RWE and Innogy, to help the carmaker get in better shape to take on Tesla.\nIn the job since January, Temme, 53, has been tasked with bundling the carmaker's various power activities such as procuring energy, enabling customers to charge their cars at home, and on the road, and selling the electricity required.\nGetting this done will require a bigger workforce and Temme plans to double the staff at Volkswagen's European charging and energy division, known as Elli, to about 300 in 2022, having already tripled it this year, she told Reuters in an interview.\n\"We're investing in huge growth areas that don't always have to be profitable right away. We always see these investments in the overall context of our group strategy,\" she said. \"That's why building up a comprehensive infrastructure is key.\"\nTemme declined to specify the budget she has been given but said Volkswagen, led by Tesla admirer Herbert Diess, has approved the investment requests for the division, which also sells home battery storage systems similar to Tesla's Powerwall.\nVolkswagen leads the pack worldwide by far with its investment plans for EVs and batteries through 2030, according to a Reuters analysis, and it is planning to spend 35 billion euros on battery EVs by 2025.\nPLAYING CATCH UP\nBut when it comes to the networks of fast-chargers that many analysts believe are crucial for bringing EVs into the mainstream, VW has some catching up to do.\nTesla has been rolling out high-performance Superchargers for years and has a global network of about 30,000 fast-chargers that it says can give a 200 km (125 mile) boost in 15 minutes.\nThe company said in October that its own network has doubled in the past 18 months - and will triple over the next two years.\nVolkswagen, meanwhile expects its network of fast-chargers to nearly quadruple to about 45,000 by 2025 - when it aims to overhaul Tesla as the global EV market leader - with 18,000 EV pumps in Europe, 17,000 in China and 10,000 in North America.\nVolkswagen in March said it plans to spend 400 million euros on expanding its fast-charging network on the continent by then.\nBut that's a drop in the ocean compared with the 5 billion euros the European Union reckons is needed every year until 2040 to expand charging infrastructure on the continent, and it is raising the pressure on utilities and governments to step up.\nIn Europe, the Volkswagen group is a shareholder in the EU's fast-charging venture Ionity, along with rival carmakers BMW, Daimler's Mercedes-Benz, Ford and Hyundai.\nIt has also teamed up with energy firms such as Italy's Enel, Britain's BP and Spain's Iberdrola to plug geographical gaps and form the blueprint for how funding for EV infrastructure can be split across industries.\n\"Various models are conceivable, from product partnerships and joint ventures to M&A,\" said Temme.\nCARS AND POWER\nTesla has already shown that when it comes to EVs, just selling cars no longer cuts it. It has adopted a model that offers customers everything from cars to battery storage to solar panels as well aselectricityin some U.S. states.\nVolkswagen is now selling power to retail clients that drive an EV or plug-in hybrids. One of its tariffs - which is available to customers who don't own a VW - has attracted more than 10,000 clients since its launch in July, Temme said.\nShe said VW was planning to make its fast-chargers available for all EV drivers, unlike Tesla which has so far kept its supercharging network just for Tesla drivers - with the exception of a pilot programme in the Netherlands.\n\"We are pursuing a different approach than Tesla when it comes to charging infrastructure roll-out,\" said Temme.\n\"We want an open, non-discriminatory charging network and will develop our services to make our offer more comfortable, simpler, more attractive.\"\nVolkswagen says its open-for-all approach means buyers of its EVs can charge at more than 250,000 existing public charging points across Europe - from various providers with various charging speeds.\nThe problem is that charging protocols and payment methods can vary across vendors, potentially turning the act of refueling an EV into a time-consuming and messy undertaking.\nFrom the first quarter of 2022, Volkswagen plans to offer \"Plug & Charge\" technology in Europe to make the process smoother.\nThe car will store the owner's payment details and make a contactless payment when the charging plug is attached to the EV at refuelling stations set up for the service.\nWhile these are new challenges for established carmakers, Temme, who witnessed first-hand the abrupt shift of Germany's utilities away from nuclear power in the wake of the Fukushima disaster, believes they can be mastered.\n\"Utilities must reinvent themselves and transition from nuclear and coal to renewables. In the automotive industry, including at Volkswagen, the question is currently how to consistently shift the focus from conventional vehicles to sustainable mobility,\" she said.\n\"These challenges are of similar magnitude.\"\n($1 = 0.8738 euros)","news_type":1,"symbols_score_info":{"TSLA":0.9,"VLKAF":0.9}},"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871666218,"gmtCreate":1637065731883,"gmtModify":1637065732036,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871666218","repostId":"1176647575","repostType":4,"repost":{"id":"1176647575","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637064638,"share":"https://www.laohu8.com/m/news/1176647575?lang=&edition=full","pubTime":"2021-11-16 20:10","market":"us","language":"en","title":"Walmart sets aside supply chain worries to raise annual sales, profit forecasts","url":"https://stock-news.laohu8.com/highlight/detail?id=1176647575","media":"Tiger Newspress","summary":"Walmart Inc(WMT.N)on Tuesday brushed aside concerns of a hit from the global supply chain crisis to ","content":"<p>Walmart Inc(WMT.N)on Tuesday brushed aside concerns of a hit from the global supply chain crisis to raise its annual sales and profit forecasts, banking on soaring demand expected during the crucial holiday season.</p>\n<p>The retail giant said inventory in the United States was up 11.5% ahead of the busy festive season even as companies struggle to keep their shelves filled due to shipping logjams.</p>\n<p>\"We have the people, the products, and the prices to deliver a great holiday season for our customers and members,\" Chief Executive Officer Doug McMillon said in a statement.</p>\n<p>The company expects full-year U.S. same-store sales to be more than 6% higher than its prior forecast of a 5% to 6% rise. Adjusted profit is expected to be around $6.40 per share up from a previous range of $6.20 to $6.35.</p>\n<p>In the third quarter, sales at U.S. stores open at least a year rose 9.2%, excluding fuel, benefiting from higher grocery demand and people buying more at stores. Analysts had estimated a gain of 7.04%, according to Refinitiv data.</p>\n<p>Overall operating, selling, general and administrative expenses rose 3.9% in the quarter, while operating income rose marginally to $5.79 billion.</p>\n<p>Walmart's total revenue grew by a better-than-expected 4.3% to $140.53 billion and on an adjusted basis it earned $1.45 per share.</p>\n<p>Its&nbsp;shares&nbsp;rose&nbsp;over&nbsp;2%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/db34a9bf91809c262cc96ae553f0e961\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Walmart sets aside supply chain worries to raise annual sales, profit forecasts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWalmart sets aside supply chain worries to raise annual sales, profit forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-16 20:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Walmart Inc(WMT.N)on Tuesday brushed aside concerns of a hit from the global supply chain crisis to raise its annual sales and profit forecasts, banking on soaring demand expected during the crucial holiday season.</p>\n<p>The retail giant said inventory in the United States was up 11.5% ahead of the busy festive season even as companies struggle to keep their shelves filled due to shipping logjams.</p>\n<p>\"We have the people, the products, and the prices to deliver a great holiday season for our customers and members,\" Chief Executive Officer Doug McMillon said in a statement.</p>\n<p>The company expects full-year U.S. same-store sales to be more than 6% higher than its prior forecast of a 5% to 6% rise. Adjusted profit is expected to be around $6.40 per share up from a previous range of $6.20 to $6.35.</p>\n<p>In the third quarter, sales at U.S. stores open at least a year rose 9.2%, excluding fuel, benefiting from higher grocery demand and people buying more at stores. Analysts had estimated a gain of 7.04%, according to Refinitiv data.</p>\n<p>Overall operating, selling, general and administrative expenses rose 3.9% in the quarter, while operating income rose marginally to $5.79 billion.</p>\n<p>Walmart's total revenue grew by a better-than-expected 4.3% to $140.53 billion and on an adjusted basis it earned $1.45 per share.</p>\n<p>Its&nbsp;shares&nbsp;rose&nbsp;over&nbsp;2%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/db34a9bf91809c262cc96ae553f0e961\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176647575","content_text":"Walmart Inc(WMT.N)on Tuesday brushed aside concerns of a hit from the global supply chain crisis to raise its annual sales and profit forecasts, banking on soaring demand expected during the crucial holiday season.\nThe retail giant said inventory in the United States was up 11.5% ahead of the busy festive season even as companies struggle to keep their shelves filled due to shipping logjams.\n\"We have the people, the products, and the prices to deliver a great holiday season for our customers and members,\" Chief Executive Officer Doug McMillon said in a statement.\nThe company expects full-year U.S. same-store sales to be more than 6% higher than its prior forecast of a 5% to 6% rise. Adjusted profit is expected to be around $6.40 per share up from a previous range of $6.20 to $6.35.\nIn the third quarter, sales at U.S. stores open at least a year rose 9.2%, excluding fuel, benefiting from higher grocery demand and people buying more at stores. Analysts had estimated a gain of 7.04%, according to Refinitiv data.\nOverall operating, selling, general and administrative expenses rose 3.9% in the quarter, while operating income rose marginally to $5.79 billion.\nWalmart's total revenue grew by a better-than-expected 4.3% to $140.53 billion and on an adjusted basis it earned $1.45 per share.\nIts shares rose over 2% in premarket trading.","news_type":1,"symbols_score_info":{"WMT":0.9}},"isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873465347,"gmtCreate":1636978444849,"gmtModify":1636978444992,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/873465347","repostId":"1156708611","repostType":4,"repost":{"id":"1156708611","kind":"news","pubTimestamp":1636975337,"share":"https://www.laohu8.com/m/news/1156708611?lang=&edition=full","pubTime":"2021-11-15 19:22","market":"us","language":"en","title":"Santa Claus is coming to town – but at what cost to Walmart and Target?","url":"https://stock-news.laohu8.com/highlight/detail?id=1156708611","media":"Reuters","summary":"Pent-up demand is expected to have boosted early holiday sales this year, but big discounters Walmar","content":"<p>Pent-up demand is expected to have boosted early holiday sales this year, but big discounters Walmart(WMT.N)and Target(TGT.N)may still see margins fall as surging costs for labor, warehousing and ocean and land freight threaten to play Grinch.</p>\n<p>Retailers have been under tremendous pressure from investors to control costs amid uncertainty driven by the pandemic. Shipping logjams, shuttered factories in China and Vietnam, and a scarcity of raw materials have ripped through supply chains in the United States in recent months, and left companies scrambling to make sure they have enough product for the crucial holiday shopping season.</p>\n<p>For the third quarter, both costs of goods sold and selling, general and advertising expenses for Target are expected to rise about 10%, while Walmart's operating expenses are expected to rise nearly 4% to $28.57 billion, according to Refinitiv data.</p>\n<p>Walmart, the world’s biggest retailer, will report earnings on Tuesday, while Target is scheduled to post results on Wednesday.</p>\n<p>Late last month, ecommerce giant Amazon.com(AMZN.O)said it expects costs during the holiday period to reach about $4 billion as higher wages and other operational disruptions diminish the company's windfall from online shopping.</p>\n<p>\"It is one competitive market for labor, freight, and customers. We believe most will be prudent in guiding to fourth-quarter profitability even with healthy sales,\" Evercore analyst Greg Melich said.</p>\n<p>RISING RENTS, WAGES</p>\n<p>Industry warehouse rents are expected to rise 18-19% this year, according to real estate investment trust Prologis(PLD.N), whose customers include Walmart, Amazon and Target. For the full year, analysts expect Walmart’s rent expenses to rise 7% to $3.28 billion, according to Refinitiv.</p>\n<p>“Importers of clothing and footwear are paying essentially double what they were paying for transportation before the pandemic,” according to Jason Miller, associate professor of supply chain management at Michigan State University’s Eli Broad College of Business.</p>\n<p>Insurance and freight costs crept up to 6.4% of the value of the imported products in September 2021, versus 3.7% in September 2019, according to Miller, who analyzed data from USA Trade Online, which is maintained by the Census Bureau.</p>\n<p>Logistics expenses are also on the rise as retailers need to get more products around the country to satiate growing consumer demand, Mark Manduca, chief investment officer at logistics firm GXO, whose clients include Apple, Nike and Abercrombie &amp; Fitch.</p>\n<p>Meanwhile, a competitive labor environment has pushed wages up across the country.</p>\n<p>Still, experts and analysts have said that retailers with bigger scale are better placed to tide over these supply chain issues and pass on higher prices to the buyers.</p>\n<p>\"Everybody's facing higher expenses but Walmart also has a much more efficient supply chain - they should have a very good holiday season, even with all the cost pressure,\" Telsey Group analyst Joe Feldman said.</p>\n<p>U.S. holiday sales could rise as much as 10.5% to $859 billion, according to one forecast.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Santa Claus is coming to town – but at what cost to Walmart and Target?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSanta Claus is coming to town – but at what cost to Walmart and Target?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 19:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/retail-consumer/santa-claus-is-coming-town-what-cost-walmart-target-2021-11-15/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pent-up demand is expected to have boosted early holiday sales this year, but big discounters Walmart(WMT.N)and Target(TGT.N)may still see margins fall as surging costs for labor, warehousing and ...</p>\n\n<a href=\"https://www.reuters.com/business/retail-consumer/santa-claus-is-coming-town-what-cost-walmart-target-2021-11-15/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TGT":"塔吉特","WMT":"沃尔玛"},"source_url":"https://www.reuters.com/business/retail-consumer/santa-claus-is-coming-town-what-cost-walmart-target-2021-11-15/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156708611","content_text":"Pent-up demand is expected to have boosted early holiday sales this year, but big discounters Walmart(WMT.N)and Target(TGT.N)may still see margins fall as surging costs for labor, warehousing and ocean and land freight threaten to play Grinch.\nRetailers have been under tremendous pressure from investors to control costs amid uncertainty driven by the pandemic. Shipping logjams, shuttered factories in China and Vietnam, and a scarcity of raw materials have ripped through supply chains in the United States in recent months, and left companies scrambling to make sure they have enough product for the crucial holiday shopping season.\nFor the third quarter, both costs of goods sold and selling, general and advertising expenses for Target are expected to rise about 10%, while Walmart's operating expenses are expected to rise nearly 4% to $28.57 billion, according to Refinitiv data.\nWalmart, the world’s biggest retailer, will report earnings on Tuesday, while Target is scheduled to post results on Wednesday.\nLate last month, ecommerce giant Amazon.com(AMZN.O)said it expects costs during the holiday period to reach about $4 billion as higher wages and other operational disruptions diminish the company's windfall from online shopping.\n\"It is one competitive market for labor, freight, and customers. We believe most will be prudent in guiding to fourth-quarter profitability even with healthy sales,\" Evercore analyst Greg Melich said.\nRISING RENTS, WAGES\nIndustry warehouse rents are expected to rise 18-19% this year, according to real estate investment trust Prologis(PLD.N), whose customers include Walmart, Amazon and Target. For the full year, analysts expect Walmart’s rent expenses to rise 7% to $3.28 billion, according to Refinitiv.\n“Importers of clothing and footwear are paying essentially double what they were paying for transportation before the pandemic,” according to Jason Miller, associate professor of supply chain management at Michigan State University’s Eli Broad College of Business.\nInsurance and freight costs crept up to 6.4% of the value of the imported products in September 2021, versus 3.7% in September 2019, according to Miller, who analyzed data from USA Trade Online, which is maintained by the Census Bureau.\nLogistics expenses are also on the rise as retailers need to get more products around the country to satiate growing consumer demand, Mark Manduca, chief investment officer at logistics firm GXO, whose clients include Apple, Nike and Abercrombie & Fitch.\nMeanwhile, a competitive labor environment has pushed wages up across the country.\nStill, experts and analysts have said that retailers with bigger scale are better placed to tide over these supply chain issues and pass on higher prices to the buyers.\n\"Everybody's facing higher expenses but Walmart also has a much more efficient supply chain - they should have a very good holiday season, even with all the cost pressure,\" Telsey Group analyst Joe Feldman said.\nU.S. holiday sales could rise as much as 10.5% to $859 billion, according to one forecast.","news_type":1,"symbols_score_info":{"TGT":0.9,"WMT":0.9}},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873024523,"gmtCreate":1636807679491,"gmtModify":1636807679491,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/873024523","repostId":"1151602326","repostType":4,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879653902,"gmtCreate":1636720934979,"gmtModify":1636720935067,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879653902","repostId":"1147325310","repostType":4,"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":878350700,"gmtCreate":1637153006987,"gmtModify":1637153006987,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/878350700","repostId":"1125512482","repostType":4,"repost":{"id":"1125512482","kind":"news","pubTimestamp":1637152604,"share":"https://www.laohu8.com/m/news/1125512482?lang=&edition=full","pubTime":"2021-11-17 20:36","market":"us","language":"en","title":"Volkswagen powers up the grid to take on Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1125512482","media":"Reuters","summary":"Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment t","content":"<p>Volkswagen&nbsp;plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla&nbsp;in a key electric vehicle (EV) battleground: power infrastructure.</p>\n<p>By ensuring there are enough fast-charging plugs - and enough power - for the EVs it wants to sell, Europe's biggest carmaker hopes to convince drivers worried about battery ranges that they can ditch their fossil fuel cars for good.</p>\n<p>Underlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German energy companies RWE&nbsp;and Innogy, to help the carmaker get in better shape to take on Tesla.</p>\n<p>In the job since January, Temme, 53, has been tasked with bundling the carmaker's various power activities such as procuring energy, enabling customers to charge their cars at home, and on the road, and selling the electricity required.</p>\n<p>Getting this done will require a bigger workforce and Temme plans to double the staff at Volkswagen's European charging and energy division, known as Elli, to about 300 in 2022, having already tripled it this year, she told Reuters in an interview.</p>\n<p>\"We're investing in huge growth areas that don't always have to be profitable right away. We always see these investments in the overall context of our group strategy,\" she said. \"That's why building up a comprehensive infrastructure is key.\"</p>\n<p>Temme declined to specify the budget she has been given but said Volkswagen, led by Tesla admirer Herbert Diess, has approved the investment requests for the division, which also sells home battery storage systems similar to Tesla's Powerwall.</p>\n<p>Volkswagen leads the pack worldwide by far with its investment plans for EVs and batteries through 2030, according to a&nbsp;Reuters analysis, and it is planning to spend 35 billion euros on battery EVs by 2025.</p>\n<p>PLAYING CATCH UP</p>\n<p>But when it comes to the networks of fast-chargers that many analysts believe are crucial for bringing EVs into the mainstream, VW has some catching up to do.</p>\n<p>Tesla has been rolling out high-performance Superchargers for years and has a global network of about 30,000 fast-chargers that it says can give a 200 km (125 mile) boost in 15 minutes.</p>\n<p>The company said in October that its own network has doubled in the past 18 months - and will triple over the next two years.</p>\n<p>Volkswagen, meanwhile expects its network of fast-chargers to nearly quadruple to about 45,000 by 2025 - when it aims to overhaul Tesla as the global EV market leader - with 18,000 EV pumps in Europe, 17,000 in China and 10,000 in North America.</p>\n<p>Volkswagen in March said it plans to spend 400 million euros on expanding its fast-charging network on the continent by then.</p>\n<p>But that's a drop in the ocean compared with the 5 billion euros the European Union reckons is needed every year until 2040 to expand charging infrastructure on the continent, and it is raising the pressure on utilities and governments to step up.</p>\n<p>In Europe, the Volkswagen group is a shareholder in the EU's fast-charging venture Ionity, along with rival carmakers BMW, Daimler's&nbsp;Mercedes-Benz, Ford&nbsp;and Hyundai.</p>\n<p>It has also teamed up with energy firms such as Italy's Enel, Britain's BP&nbsp;and Spain's Iberdrola&nbsp;to plug geographical gaps and form the blueprint for how funding for EV infrastructure can be split across industries.</p>\n<p>\"Various models are conceivable, from product partnerships and joint ventures to M&amp;A,\" said Temme.</p>\n<p>CARS AND POWER</p>\n<p>Tesla has already shown that when it comes to EVs, just selling cars no longer cuts it. It has adopted a model that offers customers everything from cars to battery storage to solar panels as well aselectricityin some U.S. states.</p>\n<p>Volkswagen is now selling power to retail clients that drive an EV or plug-in hybrids. One of its tariffs - which is available to customers who don't own a VW - has attracted more than 10,000 clients since its launch in July, Temme said.</p>\n<p>She said VW was planning to make its fast-chargers available for all EV drivers, unlike Tesla which has so far kept its supercharging network just for Tesla drivers - with the exception of a pilot programme in the Netherlands.</p>\n<p>\"We are pursuing a different approach than Tesla when it comes to charging infrastructure roll-out,\" said Temme.</p>\n<p>\"We want an open, non-discriminatory charging network and will develop our services to make our offer more comfortable, simpler, more attractive.\"</p>\n<p>Volkswagen says its open-for-all approach means buyers of its EVs can charge at more than 250,000 existing public charging points across Europe - from various providers with various charging speeds.</p>\n<p>The problem is that charging protocols and payment methods can vary across vendors, potentially turning the act of refueling an EV into a time-consuming and messy undertaking.</p>\n<p>From the first quarter of 2022, Volkswagen plans to offer \"Plug &amp; Charge\" technology in Europe to make the process smoother.</p>\n<p>The car will store the owner's payment details and make a contactless payment when the charging plug is attached to the EV at refuelling stations set up for the service.</p>\n<p>While these are new challenges for established carmakers, Temme, who witnessed first-hand the abrupt shift of Germany's utilities away from nuclear power in the wake of the Fukushima disaster, believes they can be mastered.</p>\n<p>\"Utilities must reinvent themselves and transition from nuclear and coal to renewables. In the automotive industry, including at Volkswagen, the question is currently how to consistently shift the focus from conventional vehicles to sustainable mobility,\" she said.</p>\n<p>\"These challenges are of similar magnitude.\"</p>\n<p>($1 = 0.8738 euros)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Volkswagen powers up the grid to take on Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVolkswagen powers up the grid to take on Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla in a key electric vehicle (EV) ...</p>\n\n<a href=\"https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","VLKAF":"Volkswagen AG"},"source_url":"https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125512482","content_text":"Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla in a key electric vehicle (EV) battleground: power infrastructure.\nBy ensuring there are enough fast-charging plugs - and enough power - for the EVs it wants to sell, Europe's biggest carmaker hopes to convince drivers worried about battery ranges that they can ditch their fossil fuel cars for good.\nUnderlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German energy companies RWE and Innogy, to help the carmaker get in better shape to take on Tesla.\nIn the job since January, Temme, 53, has been tasked with bundling the carmaker's various power activities such as procuring energy, enabling customers to charge their cars at home, and on the road, and selling the electricity required.\nGetting this done will require a bigger workforce and Temme plans to double the staff at Volkswagen's European charging and energy division, known as Elli, to about 300 in 2022, having already tripled it this year, she told Reuters in an interview.\n\"We're investing in huge growth areas that don't always have to be profitable right away. We always see these investments in the overall context of our group strategy,\" she said. \"That's why building up a comprehensive infrastructure is key.\"\nTemme declined to specify the budget she has been given but said Volkswagen, led by Tesla admirer Herbert Diess, has approved the investment requests for the division, which also sells home battery storage systems similar to Tesla's Powerwall.\nVolkswagen leads the pack worldwide by far with its investment plans for EVs and batteries through 2030, according to a Reuters analysis, and it is planning to spend 35 billion euros on battery EVs by 2025.\nPLAYING CATCH UP\nBut when it comes to the networks of fast-chargers that many analysts believe are crucial for bringing EVs into the mainstream, VW has some catching up to do.\nTesla has been rolling out high-performance Superchargers for years and has a global network of about 30,000 fast-chargers that it says can give a 200 km (125 mile) boost in 15 minutes.\nThe company said in October that its own network has doubled in the past 18 months - and will triple over the next two years.\nVolkswagen, meanwhile expects its network of fast-chargers to nearly quadruple to about 45,000 by 2025 - when it aims to overhaul Tesla as the global EV market leader - with 18,000 EV pumps in Europe, 17,000 in China and 10,000 in North America.\nVolkswagen in March said it plans to spend 400 million euros on expanding its fast-charging network on the continent by then.\nBut that's a drop in the ocean compared with the 5 billion euros the European Union reckons is needed every year until 2040 to expand charging infrastructure on the continent, and it is raising the pressure on utilities and governments to step up.\nIn Europe, the Volkswagen group is a shareholder in the EU's fast-charging venture Ionity, along with rival carmakers BMW, Daimler's Mercedes-Benz, Ford and Hyundai.\nIt has also teamed up with energy firms such as Italy's Enel, Britain's BP and Spain's Iberdrola to plug geographical gaps and form the blueprint for how funding for EV infrastructure can be split across industries.\n\"Various models are conceivable, from product partnerships and joint ventures to M&A,\" said Temme.\nCARS AND POWER\nTesla has already shown that when it comes to EVs, just selling cars no longer cuts it. It has adopted a model that offers customers everything from cars to battery storage to solar panels as well aselectricityin some U.S. states.\nVolkswagen is now selling power to retail clients that drive an EV or plug-in hybrids. One of its tariffs - which is available to customers who don't own a VW - has attracted more than 10,000 clients since its launch in July, Temme said.\nShe said VW was planning to make its fast-chargers available for all EV drivers, unlike Tesla which has so far kept its supercharging network just for Tesla drivers - with the exception of a pilot programme in the Netherlands.\n\"We are pursuing a different approach than Tesla when it comes to charging infrastructure roll-out,\" said Temme.\n\"We want an open, non-discriminatory charging network and will develop our services to make our offer more comfortable, simpler, more attractive.\"\nVolkswagen says its open-for-all approach means buyers of its EVs can charge at more than 250,000 existing public charging points across Europe - from various providers with various charging speeds.\nThe problem is that charging protocols and payment methods can vary across vendors, potentially turning the act of refueling an EV into a time-consuming and messy undertaking.\nFrom the first quarter of 2022, Volkswagen plans to offer \"Plug & Charge\" technology in Europe to make the process smoother.\nThe car will store the owner's payment details and make a contactless payment when the charging plug is attached to the EV at refuelling stations set up for the service.\nWhile these are new challenges for established carmakers, Temme, who witnessed first-hand the abrupt shift of Germany's utilities away from nuclear power in the wake of the Fukushima disaster, believes they can be mastered.\n\"Utilities must reinvent themselves and transition from nuclear and coal to renewables. In the automotive industry, including at Volkswagen, the question is currently how to consistently shift the focus from conventional vehicles to sustainable mobility,\" she said.\n\"These challenges are of similar magnitude.\"\n($1 = 0.8738 euros)","news_type":1,"symbols_score_info":{"TSLA":0.9,"VLKAF":0.9}},"isVote":1,"tweetType":1,"viewCount":757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":887972902,"gmtCreate":1631967876606,"gmtModify":1632805046417,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/887972902","repostId":"1197410423","repostType":4,"repost":{"id":"1197410423","kind":"news","pubTimestamp":1631932844,"share":"https://www.laohu8.com/m/news/1197410423?lang=&edition=full","pubTime":"2021-09-18 10:40","market":"us","language":"en","title":"HLBZ Stock: What to Know as Little-Known Helbiz Rockets Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1197410423","media":"investorplace","summary":"One of the fastest-moving stocks today is Helbiz(NASDAQ:HLBZ). Indeed, today’s price action in HLBZ ","content":"<p>One of the fastest-moving stocks today is&nbsp;<b>Helbiz</b>(NASDAQ:<b><u>HLBZ</u></b>). Indeed, today’s price action in HLBZ stock has been incredible to see, with shares of this micro-mobility company skyrocketing more than 140% at the time of writing.</p>\n<p>This is yet another de-SPAC company that recently closed its merger on Aug. 13. Since then, shares went from the $10 IPO price level to the $6 per share level. However, today’s price action has driven shares of HLBZ stock to more than $25 per share, representing a 4-bagger from lows seen just a few weeks ago.</p>\n<p>Post-SPAC merger volatility has certainly been the norm of late. However, for Helbiz and its de-SPAC peers, most of this volatility has been to the downside. Let’s dive into what is driving HLBZ stock higher today.</p>\n<p>HLBZ Stock Surging on Media Rights Deal</p>\n<p>Most folks know of Helbiz as a global leader in the&nbsp;micro-mobility market. You know, scooters and other various forms of car-free transportation to get around big cities.</p>\n<p>However, Helbiz is also a company looking to make waves in the streaming and entertainment space. Via its subsidiary Helbiz Media, the company has&nbsp;announced&nbsp;today a key partnership that could spur a tremendous amount of growth from here.</p>\n<p>This partnership is between Helbiz Media and&nbsp;<b>FOX Networks Group</b>&nbsp;to broadcast the Italian Series B championship in the U.S. and Caribbean. Perhaps a smaller deal relative to the rest of the streaming space, this three-year contract could provide Helbiz with some nice momentum in a niche market for sports streaming.</p>\n<p>For now, it appears investors like the way Helbiz’s management team is positioning the company. Whether or not this valuation can be maintained remains to be seen. However, today’s impressive upward spike in HLBZ stock is certainly worth watching.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HLBZ Stock: What to Know as Little-Known Helbiz Rockets Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHLBZ Stock: What to Know as Little-Known Helbiz Rockets Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 10:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/hlbz-stock-what-to-know-as-little-known-helbiz-rockets-higher/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the fastest-moving stocks today is Helbiz(NASDAQ:HLBZ). Indeed, today’s price action in HLBZ stock has been incredible to see, with shares of this micro-mobility company skyrocketing more than ...</p>\n\n<a href=\"https://investorplace.com/2021/09/hlbz-stock-what-to-know-as-little-known-helbiz-rockets-higher/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/09/hlbz-stock-what-to-know-as-little-known-helbiz-rockets-higher/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197410423","content_text":"One of the fastest-moving stocks today is Helbiz(NASDAQ:HLBZ). Indeed, today’s price action in HLBZ stock has been incredible to see, with shares of this micro-mobility company skyrocketing more than 140% at the time of writing.\nThis is yet another de-SPAC company that recently closed its merger on Aug. 13. Since then, shares went from the $10 IPO price level to the $6 per share level. However, today’s price action has driven shares of HLBZ stock to more than $25 per share, representing a 4-bagger from lows seen just a few weeks ago.\nPost-SPAC merger volatility has certainly been the norm of late. However, for Helbiz and its de-SPAC peers, most of this volatility has been to the downside. Let’s dive into what is driving HLBZ stock higher today.\nHLBZ Stock Surging on Media Rights Deal\nMost folks know of Helbiz as a global leader in the micro-mobility market. You know, scooters and other various forms of car-free transportation to get around big cities.\nHowever, Helbiz is also a company looking to make waves in the streaming and entertainment space. Via its subsidiary Helbiz Media, the company has announced today a key partnership that could spur a tremendous amount of growth from here.\nThis partnership is between Helbiz Media and FOX Networks Group to broadcast the Italian Series B championship in the U.S. and Caribbean. Perhaps a smaller deal relative to the rest of the streaming space, this three-year contract could provide Helbiz with some nice momentum in a niche market for sports streaming.\nFor now, it appears investors like the way Helbiz’s management team is positioning the company. Whether or not this valuation can be maintained remains to be seen. However, today’s impressive upward spike in HLBZ stock is certainly worth watching.","news_type":1,"symbols_score_info":{"HLBZ":0.9}},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883384659,"gmtCreate":1631202762471,"gmtModify":1631889692848,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/883384659","repostId":"2166349857","repostType":4,"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":826542428,"gmtCreate":1634043110027,"gmtModify":1634043110112,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/826542428","repostId":"2174135607","repostType":4,"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878350119,"gmtCreate":1637152974966,"gmtModify":1637152974966,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878350119","repostId":"1125512482","repostType":4,"repost":{"id":"1125512482","kind":"news","pubTimestamp":1637152604,"share":"https://www.laohu8.com/m/news/1125512482?lang=&edition=full","pubTime":"2021-11-17 20:36","market":"us","language":"en","title":"Volkswagen powers up the grid to take on Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1125512482","media":"Reuters","summary":"Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment t","content":"<p>Volkswagen&nbsp;plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla&nbsp;in a key electric vehicle (EV) battleground: power infrastructure.</p>\n<p>By ensuring there are enough fast-charging plugs - and enough power - for the EVs it wants to sell, Europe's biggest carmaker hopes to convince drivers worried about battery ranges that they can ditch their fossil fuel cars for good.</p>\n<p>Underlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German energy companies RWE&nbsp;and Innogy, to help the carmaker get in better shape to take on Tesla.</p>\n<p>In the job since January, Temme, 53, has been tasked with bundling the carmaker's various power activities such as procuring energy, enabling customers to charge their cars at home, and on the road, and selling the electricity required.</p>\n<p>Getting this done will require a bigger workforce and Temme plans to double the staff at Volkswagen's European charging and energy division, known as Elli, to about 300 in 2022, having already tripled it this year, she told Reuters in an interview.</p>\n<p>\"We're investing in huge growth areas that don't always have to be profitable right away. We always see these investments in the overall context of our group strategy,\" she said. \"That's why building up a comprehensive infrastructure is key.\"</p>\n<p>Temme declined to specify the budget she has been given but said Volkswagen, led by Tesla admirer Herbert Diess, has approved the investment requests for the division, which also sells home battery storage systems similar to Tesla's Powerwall.</p>\n<p>Volkswagen leads the pack worldwide by far with its investment plans for EVs and batteries through 2030, according to a&nbsp;Reuters analysis, and it is planning to spend 35 billion euros on battery EVs by 2025.</p>\n<p>PLAYING CATCH UP</p>\n<p>But when it comes to the networks of fast-chargers that many analysts believe are crucial for bringing EVs into the mainstream, VW has some catching up to do.</p>\n<p>Tesla has been rolling out high-performance Superchargers for years and has a global network of about 30,000 fast-chargers that it says can give a 200 km (125 mile) boost in 15 minutes.</p>\n<p>The company said in October that its own network has doubled in the past 18 months - and will triple over the next two years.</p>\n<p>Volkswagen, meanwhile expects its network of fast-chargers to nearly quadruple to about 45,000 by 2025 - when it aims to overhaul Tesla as the global EV market leader - with 18,000 EV pumps in Europe, 17,000 in China and 10,000 in North America.</p>\n<p>Volkswagen in March said it plans to spend 400 million euros on expanding its fast-charging network on the continent by then.</p>\n<p>But that's a drop in the ocean compared with the 5 billion euros the European Union reckons is needed every year until 2040 to expand charging infrastructure on the continent, and it is raising the pressure on utilities and governments to step up.</p>\n<p>In Europe, the Volkswagen group is a shareholder in the EU's fast-charging venture Ionity, along with rival carmakers BMW, Daimler's&nbsp;Mercedes-Benz, Ford&nbsp;and Hyundai.</p>\n<p>It has also teamed up with energy firms such as Italy's Enel, Britain's BP&nbsp;and Spain's Iberdrola&nbsp;to plug geographical gaps and form the blueprint for how funding for EV infrastructure can be split across industries.</p>\n<p>\"Various models are conceivable, from product partnerships and joint ventures to M&amp;A,\" said Temme.</p>\n<p>CARS AND POWER</p>\n<p>Tesla has already shown that when it comes to EVs, just selling cars no longer cuts it. It has adopted a model that offers customers everything from cars to battery storage to solar panels as well aselectricityin some U.S. states.</p>\n<p>Volkswagen is now selling power to retail clients that drive an EV or plug-in hybrids. One of its tariffs - which is available to customers who don't own a VW - has attracted more than 10,000 clients since its launch in July, Temme said.</p>\n<p>She said VW was planning to make its fast-chargers available for all EV drivers, unlike Tesla which has so far kept its supercharging network just for Tesla drivers - with the exception of a pilot programme in the Netherlands.</p>\n<p>\"We are pursuing a different approach than Tesla when it comes to charging infrastructure roll-out,\" said Temme.</p>\n<p>\"We want an open, non-discriminatory charging network and will develop our services to make our offer more comfortable, simpler, more attractive.\"</p>\n<p>Volkswagen says its open-for-all approach means buyers of its EVs can charge at more than 250,000 existing public charging points across Europe - from various providers with various charging speeds.</p>\n<p>The problem is that charging protocols and payment methods can vary across vendors, potentially turning the act of refueling an EV into a time-consuming and messy undertaking.</p>\n<p>From the first quarter of 2022, Volkswagen plans to offer \"Plug &amp; Charge\" technology in Europe to make the process smoother.</p>\n<p>The car will store the owner's payment details and make a contactless payment when the charging plug is attached to the EV at refuelling stations set up for the service.</p>\n<p>While these are new challenges for established carmakers, Temme, who witnessed first-hand the abrupt shift of Germany's utilities away from nuclear power in the wake of the Fukushima disaster, believes they can be mastered.</p>\n<p>\"Utilities must reinvent themselves and transition from nuclear and coal to renewables. In the automotive industry, including at Volkswagen, the question is currently how to consistently shift the focus from conventional vehicles to sustainable mobility,\" she said.</p>\n<p>\"These challenges are of similar magnitude.\"</p>\n<p>($1 = 0.8738 euros)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Volkswagen powers up the grid to take on Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVolkswagen powers up the grid to take on Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla in a key electric vehicle (EV) ...</p>\n\n<a href=\"https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","VLKAF":"Volkswagen AG"},"source_url":"https://www.reuters.com/business/autos-transportation/volkswagen-powers-up-grid-take-tesla-2021-11-17/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125512482","content_text":"Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla in a key electric vehicle (EV) battleground: power infrastructure.\nBy ensuring there are enough fast-charging plugs - and enough power - for the EVs it wants to sell, Europe's biggest carmaker hopes to convince drivers worried about battery ranges that they can ditch their fossil fuel cars for good.\nUnderlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German energy companies RWE and Innogy, to help the carmaker get in better shape to take on Tesla.\nIn the job since January, Temme, 53, has been tasked with bundling the carmaker's various power activities such as procuring energy, enabling customers to charge their cars at home, and on the road, and selling the electricity required.\nGetting this done will require a bigger workforce and Temme plans to double the staff at Volkswagen's European charging and energy division, known as Elli, to about 300 in 2022, having already tripled it this year, she told Reuters in an interview.\n\"We're investing in huge growth areas that don't always have to be profitable right away. We always see these investments in the overall context of our group strategy,\" she said. \"That's why building up a comprehensive infrastructure is key.\"\nTemme declined to specify the budget she has been given but said Volkswagen, led by Tesla admirer Herbert Diess, has approved the investment requests for the division, which also sells home battery storage systems similar to Tesla's Powerwall.\nVolkswagen leads the pack worldwide by far with its investment plans for EVs and batteries through 2030, according to a Reuters analysis, and it is planning to spend 35 billion euros on battery EVs by 2025.\nPLAYING CATCH UP\nBut when it comes to the networks of fast-chargers that many analysts believe are crucial for bringing EVs into the mainstream, VW has some catching up to do.\nTesla has been rolling out high-performance Superchargers for years and has a global network of about 30,000 fast-chargers that it says can give a 200 km (125 mile) boost in 15 minutes.\nThe company said in October that its own network has doubled in the past 18 months - and will triple over the next two years.\nVolkswagen, meanwhile expects its network of fast-chargers to nearly quadruple to about 45,000 by 2025 - when it aims to overhaul Tesla as the global EV market leader - with 18,000 EV pumps in Europe, 17,000 in China and 10,000 in North America.\nVolkswagen in March said it plans to spend 400 million euros on expanding its fast-charging network on the continent by then.\nBut that's a drop in the ocean compared with the 5 billion euros the European Union reckons is needed every year until 2040 to expand charging infrastructure on the continent, and it is raising the pressure on utilities and governments to step up.\nIn Europe, the Volkswagen group is a shareholder in the EU's fast-charging venture Ionity, along with rival carmakers BMW, Daimler's Mercedes-Benz, Ford and Hyundai.\nIt has also teamed up with energy firms such as Italy's Enel, Britain's BP and Spain's Iberdrola to plug geographical gaps and form the blueprint for how funding for EV infrastructure can be split across industries.\n\"Various models are conceivable, from product partnerships and joint ventures to M&A,\" said Temme.\nCARS AND POWER\nTesla has already shown that when it comes to EVs, just selling cars no longer cuts it. It has adopted a model that offers customers everything from cars to battery storage to solar panels as well aselectricityin some U.S. states.\nVolkswagen is now selling power to retail clients that drive an EV or plug-in hybrids. One of its tariffs - which is available to customers who don't own a VW - has attracted more than 10,000 clients since its launch in July, Temme said.\nShe said VW was planning to make its fast-chargers available for all EV drivers, unlike Tesla which has so far kept its supercharging network just for Tesla drivers - with the exception of a pilot programme in the Netherlands.\n\"We are pursuing a different approach than Tesla when it comes to charging infrastructure roll-out,\" said Temme.\n\"We want an open, non-discriminatory charging network and will develop our services to make our offer more comfortable, simpler, more attractive.\"\nVolkswagen says its open-for-all approach means buyers of its EVs can charge at more than 250,000 existing public charging points across Europe - from various providers with various charging speeds.\nThe problem is that charging protocols and payment methods can vary across vendors, potentially turning the act of refueling an EV into a time-consuming and messy undertaking.\nFrom the first quarter of 2022, Volkswagen plans to offer \"Plug & Charge\" technology in Europe to make the process smoother.\nThe car will store the owner's payment details and make a contactless payment when the charging plug is attached to the EV at refuelling stations set up for the service.\nWhile these are new challenges for established carmakers, Temme, who witnessed first-hand the abrupt shift of Germany's utilities away from nuclear power in the wake of the Fukushima disaster, believes they can be mastered.\n\"Utilities must reinvent themselves and transition from nuclear and coal to renewables. In the automotive industry, including at Volkswagen, the question is currently how to consistently shift the focus from conventional vehicles to sustainable mobility,\" she said.\n\"These challenges are of similar magnitude.\"\n($1 = 0.8738 euros)","news_type":1,"symbols_score_info":{"TSLA":0.9,"VLKAF":0.9}},"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821700925,"gmtCreate":1633783013397,"gmtModify":1633783013455,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/821700925","repostId":"2174921131","repostType":4,"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":881524280,"gmtCreate":1631367549140,"gmtModify":1631889692839,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/881524280","repostId":"1147045390","repostType":4,"repost":{"id":"1147045390","kind":"news","pubTimestamp":1631321547,"share":"https://www.laohu8.com/m/news/1147045390?lang=&edition=full","pubTime":"2021-09-11 08:52","market":"us","language":"en","title":"Why Apple’s Risk Is Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=1147045390","media":"Barrons","summary":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple  to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30%","content":"<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.</p>\n<p>In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.</p>\n<p>Data from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.</p>\n<p>SensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.</p>\n<p>Gene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.</p>\n<p>Munster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.</p>\n<p>“After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”</p>\n<p>Evercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.</p>\n<p>Wedbush analyst Dan Ives told&nbsp;<i>Barron’s</i>&nbsp;he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.</p>\n<p>The ruling is more a positive for companies like&nbsp;Spotify Technology&nbsp;and&nbsp;Match Group&nbsp;than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97&nbsp;on&nbsp;Friday, while Spotify and March gained 0.7% and&nbsp;4.2%, respectively.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Apple’s Risk Is Limited</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Apple’s Risk Is Limited\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 08:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147045390","content_text":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.\nIn a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.\nData from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.\nSensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.\nGene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.\nMunster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.\n“After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”\nEvercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.\nWedbush analyst Dan Ives told Barron’s he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.\nThe ruling is more a positive for companies like Spotify Technology and Match Group than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97 on Friday, while Spotify and March gained 0.7% and 4.2%, respectively.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880604028,"gmtCreate":1631051753564,"gmtModify":1631892270362,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/880604028","repostId":"2165354350","repostType":4,"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":874838355,"gmtCreate":1637754171086,"gmtModify":1637754171086,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874838355","repostId":"2185591503","repostType":4,"repost":{"id":"2185591503","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1637753100,"share":"https://www.laohu8.com/m/news/2185591503?lang=&edition=full","pubTime":"2021-11-24 19:25","market":"us","language":"en","title":"Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2185591503","media":"GlobeNewswire","summary":"BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the ","content":"<p>BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.</p>\n<p>Mr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “As the largest independent cloud service provider in China, we continue to execute our growth strategies as we strive to ‘become the most trusted cloud partner for our customers, and create the digital future together’. Despite headwinds in the macro environment, we are making great strides in building and strengthening relationships with premium customers. Last quarter we engaged with Meituan as our new customer. We have seen these newly engaged premium customers continue to contribute more to our incremental public cloud revenues. We are proud to announce that Pinduoduo, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest e-commerce platforms in China, became a new customer this quarter. We expect the new customer engagement trend continue to boost our public cloud growth. In addition, we have captured the new opportunities amid the regulation changes and started working with Shouqi, one of the emerging ride-hailing applications to empower them navigating the shifting landscape in China since July this year. Through these cooperation, we made further progress in enriching and diversifying our products and solution offerings in different sectors. And lastly, we are on track of integrating Camelot as a part of our efforts to build out our enterprise cloud services business. They currently serve over 500 premium customers and own multiple fulfillment centers, and we are now working on cross selling our services and enhancing our execution capabilities. We believe we are well positioned for long-term and healthy growth in this new era of digitalization.”</p>\n<p>Mr. Henry He, Chief Financial Officer of Kingsoft Cloud added, “Our total revenues were RMB2,413.8 million, up 40% year-over-year. Revenue from public cloud services was RMB1,686.0 million. For the second time in a row, our public cloud incremental revenues rose over RMB100 million sequentially, and it was the seventh consecutive quarterly revenue increase since our IPO. Revenue from enterprise cloud services was RMB726.9 million, a year-over-year increase of 78%. In October, we held our inaugural Kingsoft Cloud Summit &amp; Investor Day. We would like to express our appreciation for all those who attended and for your continued support.”</p>\n<p><b>Third Quarter 2021 Financial Results</b></p>\n<p><b>Total Revenues </b>reached RMB2,413.8 million (US$374.61 million), representing an increase of 39.6% from RMB1,728.8 million in the same period of 2020. The increases were due to the growth in both public cloud services and enterprise cloud services for our premium customers.</p>\n<ul>\n <li>Revenues from public cloud services were RMB1,686.0 million (US$261.7 million), representing an increase of 28.7% from RMB1,309.7 million in the same period of 2020 and a quarter-over-quarter incremental increase of RMB135.2 million. Revenues from public cloud services have been increasing for seven consecutive quarters since our first quarterly results after IPO. The increase was mainly due to our stable relations with top premium customers, engagement with new high-profile customers and cross-selling of our diversified products and solutions.</li>\n <li>Revenues from enterprise cloud services were RMB726.9 million (US$112.8 million), representing an increase of 77.7% from RMB409.1 million in the same period of 2020. The increase was mainly due to the strong demand in the market and our capabilities to provide industry-specific solutions, partially offset by the power shortage issues which delayed certain delivery process of enterprise cloud projects.</li>\n</ul>\n<ul>\n <li>Other revenues were RMB0.9 million (US$0.1 million).</li>\n <li></li>\n</ul>\n<p>_______________</p>\n<p>1 This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b>Cost of revenues </b>was RMB2,325.4 million (US$360.9 million), representing an increase of 43.9% from RMB1,615.9 million in the same period of 2020. IDC costs increased by 33.1% to RMB1,410.9 million (US$219.0 million) from RMB1,060.1 million in the same period of 2020, in line with the Company’s expanding business. Depreciation and amortization costs were RMB200.0 million (US$31.0 million), compared with RMB156.5 million in the same period of 2020.</p>\n<p><b>Gross profit </b>decreased by 21.7% to RMB88.4 million (US$13.7 million), from RMB112.9 million in the same period in 2020. <b>Gross margin </b>was 3.7%, compared with 6.5% in the same period in 2020.</p>\n<p><b>Non-GAAP gross profit</b>2 decreased by 19.7% to RMB92.2 million (US$14.3 million), from RMB114.8 million in the same period in 2020. <b>Non- GAAP gross margin </b>was 3.8%, compared with 6.6% in the same period in 2020. The decrease was primarily due to lower than expected utilization of our underlying public cloud infrastructure which was budgeted based on demand forecast as of the beginning of the year, and industry-wide public cloud demand turned out to be lower than expected.</p>\n<p><b>Selling and marketing expenses </b>were RMB132.2 million (US$20.5 million), compared with RMB96.8 million in the same period in 2020.</p>\n<p><b>General and administrative expenses </b>were RMB156.6 million (US$24.3 million), compared with RMB91.3 million in the same period in 2020.</p>\n<p><b>Research and development expenses </b>were RMB268.7 million (US$41.7 million), compared with RMB167.6 million in the same period in 2020.</p>\n<p>The increase in expenses was primarily due to the increase in salaries, social insurance fees and share-based compensation expenses.</p>\n<p></p>\n<p><b>Operating loss </b>was RMB469.1 million (US$72.8 million), compared with operating loss of RMB242.8 million in the same quarter of 2020.</p>\n<p><b>Net loss </b>was RMB506.7 million (US$78.6 million), compared with net loss of RMB105.3 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP net loss </b>was RMB363.7 million (US$56.4 million), compared with net loss of RMB169.1 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP EBITDA </b>was RMB-140.6 million (US$-21.8 million), compared with RMB-26.3 million in the same quarter of 2020. The decrease of Non-GAAP EBITDA was due to the changes of gross profits, the increase of personnel expenses and one time off Camelot transaction expenses.&nbsp;<b>Non-GAAP EBITDA margin </b>was -5.8%, compared with -1.5% in the same quarter of 2020.</p>\n<p><b>Basic and diluted net loss per share </b>was RMB0.15 (US$0.02), compared with RMB0.03 in the same quarter of 2020.</p>\n<p><b>Cash and cash equivalents and short-term investments </b>were RMB5,994.7 million (US$930.4 million) as of September 30, 2021, compared to RMB5,474.9 million as of June 30, 2021.</p>\n<p><b>Outstanding ordinary shares </b>were 3,625,037,000 as of September 30, 2021, equivalent to about 241,669,133 ADSs.</p>\n<p>_______________</p>\n<p>2 Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.</p>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects total revenues to be between RMB2.63 billion and RMB2.83 billion, representing a year- over-year growth of 37% to 47%. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.</p>\n<p><b><u>Conference Call Information</u></b></p>\n<p>The Company will hold a conference call on Wednesday, November 24, 2021, at 7:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong Time on the same day) to discuss the financial results.</p>\n<p>Participants can register for the conference call by navigating to <u>htt</u>p://a<u>pac.directeventreg.com/registration/event/3224539.</u> Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique registrant ID.</p>\n<p>To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your registrant ID, and you will join the conference instantly.</p>\n<p>A telephone replay of the call will be available after the conclusion of the conference call through 8:00 a.m. U.S. Eastern Time, December 2, 2021. The dial-in details for the replay are as follows:</p>\n<p>International: +61-2-8199-0299</p>\n<p>U.S. Toll Free: +1-855-452-5696</p>\n<p>Mainland China Toll Free: 800-870-0206</p>\n<p>Hong Kong Toll Free: 800-963-117</p>\n<p>Conference ID: 3224539</p>\n<p>A live and archived webcast of the conference call will also be available at the Company’s investor relations website at <u>htt</u>p://ir.ks<u>yun.com/.</u></p>\n<p><b><u>Use of Non-GAAP Financial Measures</u></b></p>\n<p>The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation, foreign exchange (gain) loss, other gain and other (income) expense, net, and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense and depreciation and amortization, and we define&nbsp;Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors’ assessment of our operating performance.</p>\n<p>These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.</p>\n<p>We compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.</p>\n<p><b><u>Exchan</u></b><b>g</b><b><u>e Rate Information</u></b></p>\n<p>This press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b><u>Safe Harbor Statement</u></b></p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>\n<p><b><u>About Kingsoft Cloud Holdings Limited</u></b></p>\n<p>Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.</p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"7\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Dec 31,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>ASSETS</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Cash and cash equivalents</td>\n   <td>3,424,674</td>\n   <td></td>\n   <td>3,444,174</td>\n   <td></td>\n   <td>534,527</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Restricted cash</td>\n   <td>—</td>\n   <td></td>\n   <td>150,593</td>\n   <td></td>\n   <td>23,372</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts receivable, net</td>\n   <td>2,334,871</td>\n   <td></td>\n   <td>4,431,060</td>\n   <td></td>\n   <td>687,690</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Short-term investments</td>\n   <td>2,693,019</td>\n   <td></td>\n   <td>2,550,488</td>\n   <td></td>\n   <td>395,830</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>887,086</td>\n   <td></td>\n   <td>1,127,668</td>\n   <td></td>\n   <td>175,011</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>205,068</td>\n   <td></td>\n   <td>270,572</td>\n   <td></td>\n   <td>41,992</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current assets</b></td>\n   <td><b>9,544,718</b></td>\n   <td></td>\n   <td><b>11,974,555</b></td>\n   <td></td>\n   <td><b>1,858,422</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Non-current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Property and equipment, net</td>\n   <td>1,956,790</td>\n   <td></td>\n   <td>2,058,794</td>\n   <td></td>\n   <td>319,520</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Intangible assets, net</td>\n   <td>16,573</td>\n   <td></td>\n   <td>1,252,198</td>\n   <td></td>\n   <td>194,338</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>11,824</td>\n   <td></td>\n   <td>49,291</td>\n   <td></td>\n   <td>7,650</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Equity investments</td>\n   <td>126,583</td>\n   <td></td>\n   <td>88,757</td>\n   <td></td>\n   <td>13,775</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Goodwill</td>\n   <td>-</td>\n   <td></td>\n   <td>4,402,568</td>\n   <td></td>\n   <td>683,268</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>5,758</td>\n   <td></td>\n   <td>5,758</td>\n   <td></td>\n   <td>894</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating lease right-of-use assets</td>\n   <td>266,968</td>\n   <td></td>\n   <td>257,153</td>\n   <td></td>\n   <td>39,910</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Deferred tax assets</td>\n   <td>—</td>\n   <td></td>\n   <td>16,515</td>\n   <td></td>\n   <td>2,563</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current assets</b></td>\n   <td><b>2,384,496</b></td>\n   <td></td>\n   <td><b>8,131,034</b></td>\n   <td></td>\n   <td><b>1,261,918</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total assets</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>LIABILITIES AND SHAREHOLDERS’ EQUITY</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Short-term bank loans</td>\n   <td>278,488</td>\n   <td></td>\n   <td>901,455</td>\n   <td></td>\n   <td>139,904</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts payable</td>\n   <td>2,057,355</td>\n   <td></td>\n   <td>3,151,825</td>\n   <td></td>\n   <td>489,156</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accrued expenses and other current liabilities</td>\n   <td>845,374</td>\n   <td></td>\n   <td>1,458,523</td>\n   <td></td>\n   <td>226,359</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Long-term bank loan, current portion</td>\n   <td>74,351.00</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Income tax payable</td>\n   <td>20,564</td>\n   <td></td>\n   <td>79,673</td>\n   <td></td>\n   <td>12,365</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>112,998</td>\n   <td></td>\n   <td>263,930</td>\n   <td></td>\n   <td>40,961</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Current operating lease liabilities</td>\n   <td>76,469</td>\n   <td></td>\n   <td>74,638</td>\n   <td></td>\n   <td>11,584</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current liabilities</b></td>\n   <td><b>3,465,599</b></td>\n   <td></td>\n   <td><b>5,930,044</b></td>\n   <td></td>\n   <td><b>920,329</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Non-current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Deferred tax liabilities</td>\n   <td>29</td>\n   <td></td>\n   <td>251,081</td>\n   <td></td>\n   <td>38,967</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>—</td>\n   <td></td>\n   <td>425,762</td>\n   <td></td>\n   <td>66,077</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other liabilities</td>\n   <td>40,578</td>\n   <td></td>\n   <td>1,256,123</td>\n   <td></td>\n   <td>194,947</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Non-current operating lease liabilities</td>\n   <td>182,958</td>\n   <td></td>\n   <td>181,622</td>\n   <td></td>\n   <td>28,187</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current liabilities</b></td>\n   <td><b>223,565</b></td>\n   <td></td>\n   <td><b>2,114,588</b></td>\n   <td></td>\n   <td><b>328,178</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities</b></td>\n   <td><b>3,689,164</b></td>\n   <td></td>\n   <td><b>8,044,632</b></td>\n   <td></td>\n   <td><b>1,248,507</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Shareholders’ equity:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Ordinary shares</td>\n   <td>22,801</td>\n   <td></td>\n   <td>24,645</td>\n   <td></td>\n   <td>3,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Additional paid-in capital</td>\n   <td>14,149,984</td>\n   <td></td>\n   <td>18,112,182</td>\n   <td></td>\n   <td>2,810,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accumulated deficit</td>\n   <td>(5,864,356</td>\n   <td>)</td>\n   <td>(6,980,829</td>\n   <td>)</td>\n   <td>(1,083,408</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Accumulated other comprehensive loss</td>\n   <td>(68,440</td>\n   <td>)</td>\n   <td>(88,882</td>\n   <td>)</td>\n   <td>(13,794</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Total Kingsoft Cloud Holdings Limited shareholders’ equity</b></td>\n   <td><b>8,239,989</b></td>\n   <td></td>\n   <td><b>11,067,116</b></td>\n   <td></td>\n   <td><b>1,717,591</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Noncontrolling interests</td>\n   <td>61</td>\n   <td></td>\n   <td>993,841</td>\n   <td></td>\n   <td>154,242</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total equity</b></td>\n   <td><b>8,240,050</b></td>\n   <td></td>\n   <td><b>12,060,957</b></td>\n   <td></td>\n   <td><b>1,871,833</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities and shareholders’ equity</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<p>For the business combinations occurred during the period, the Company is in the process of finalizing valuations of the net identifiable assets acquired. As the Company receives additional information during the measurement period, the fair values assigned to the assets and liabilities may be adjusted.</p>\n<p></p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"17\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>(All amounts in thousands, except for share and per share data)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"8\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Revenues:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Public cloud services</td>\n   <td>1,309,693</td>\n   <td></td>\n   <td>1,391,833</td>\n   <td></td>\n   <td>1,550,777</td>\n   <td></td>\n   <td>1,685,999</td>\n   <td></td>\n   <td>261,663</td>\n   <td></td>\n   <td>3,805,346</td>\n   <td></td>\n   <td>4,628,609</td>\n   <td></td>\n   <td>718,349</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Enterprise cloud services</td>\n   <td>409,101</td>\n   <td></td>\n   <td>420,032</td>\n   <td></td>\n   <td>622,145</td>\n   <td></td>\n   <td>726,865</td>\n   <td></td>\n   <td>112,808</td>\n   <td></td>\n   <td>836,769</td>\n   <td></td>\n   <td>1,769,042</td>\n   <td></td>\n   <td>274,551</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Others</td>\n   <td>10,049</td>\n   <td></td>\n   <td>1,667</td>\n   <td></td>\n   <td>765</td>\n   <td></td>\n   <td>971</td>\n   <td></td>\n   <td>151</td>\n   <td></td>\n   <td>12,446</td>\n   <td></td>\n   <td>3,403</td>\n   <td></td>\n   <td>528</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total revenues</b></td>\n   <td><b>1,728,843</b></td>\n   <td></td>\n   <td><b>1,813,532</b></td>\n   <td></td>\n   <td><b>2,173,687</b></td>\n   <td></td>\n   <td><b>2,413,835</b></td>\n   <td></td>\n   <td><b>374,622</b></td>\n   <td></td>\n   <td><b>4,654,561</b></td>\n   <td></td>\n   <td><b>6,401,054</b></td>\n   <td></td>\n   <td><b>993,428</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Cost of revenues</td>\n   <td>(1,615,945</td>\n   <td>)</td>\n   <td>(1,697,029</td>\n   <td>)</td>\n   <td>(2,055,205</td>\n   <td>)</td>\n   <td>(2,325,423</td>\n   <td>)</td>\n   <td>(360,900</td>\n   <td>)</td>\n   <td>(4,390,148</td>\n   <td>)</td>\n   <td>(6,077,657</td>\n   <td>)</td>\n   <td>(943,238</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Gross profit </b></td>\n   <td><b>112,898</b></td>\n   <td></td>\n   <td><b>116,503</b></td>\n   <td></td>\n   <td><b>118,482</b></td>\n   <td></td>\n   <td><b>88,412</b></td>\n   <td></td>\n   <td><b>13,722</b></td>\n   <td></td>\n   <td><b>264,413</b></td>\n   <td></td>\n   <td><b>323,397</b></td>\n   <td></td>\n   <td><b>50,190</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating expenses:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Selling and marketing expenses</td>\n   <td>(96,802</td>\n   <td>)</td>\n   <td>(112,826</td>\n   <td>)</td>\n   <td>(96,058</td>\n   <td>)</td>\n   <td>(132,202</td>\n   <td>)</td>\n   <td>(20,517</td>\n   <td>)</td>\n   <td>(294,545</td>\n   <td>)</td>\n   <td>(341,086</td>\n   <td>)</td>\n   <td>(52,936</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>General and administrative expenses</td>\n   <td>(91,338</td>\n   <td>)</td>\n   <td>(91,177</td>\n   <td>)</td>\n   <td>(110,637</td>\n   <td>)</td>\n   <td>(156,573</td>\n   <td>)</td>\n   <td>(24,300</td>\n   <td>)</td>\n   <td>(337,736</td>\n   <td>)</td>\n   <td>(358,387</td>\n   <td>)</td>\n   <td>(55,621</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Research and development expenses</td>\n   <td>(167,590</td>\n   <td>)</td>\n   <td>(264,636</td>\n   <td>)</td>\n   <td>(232,252</td>\n   <td>)</td>\n   <td>(268,721</td>\n   <td>)</td>\n   <td>(41,705</td>\n   <td>)</td>\n   <td>(594,068</td>\n   <td>)</td>\n   <td>(765,609</td>\n   <td>)</td>\n   <td>(118,821</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Total operating expenses</b></td>\n   <td><b>(355,730</b></td>\n   <td><b>)</b></td>\n   <td><b>(468,639</b></td>\n   <td><b>)</b></td>\n   <td><b>(438,947</b></td>\n   <td><b>)</b></td>\n   <td><b>(557,496</b></td>\n   <td><b>)</b></td>\n   <td><b>(86,522</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,226,349</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,465,082</b></td>\n   <td><b>)</b></td>\n   <td><b>(227,378</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td><b>Operating loss</b></td>\n   <td><b>(242,832</b></td>\n   <td><b>)</b></td>\n   <td><b>(352,136</b></td>\n   <td><b>)</b></td>\n   <td><b>(320,465</b></td>\n   <td><b>)</b></td>\n   <td><b>(469,084</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,800</b></td>\n   <td><b>)</b></td>\n   <td><b>(961,936</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,141,685</b></td>\n   <td><b>)</b></td>\n   <td><b>(177,188</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Interest income</td>\n   <td>24,414</td>\n   <td></td>\n   <td>17,746</td>\n   <td></td>\n   <td>18,927</td>\n   <td></td>\n   <td>14,668</td>\n   <td></td>\n   <td>2,276</td>\n   <td></td>\n   <td>55,446</td>\n   <td></td>\n   <td>51,341</td>\n   <td></td>\n   <td>7,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Interest expense</td>\n   <td>(3,940</td>\n   <td>)</td>\n   <td>(3,866</td>\n   <td>)</td>\n   <td>(6,689</td>\n   <td>)</td>\n   <td>(14,277</td>\n   <td>)</td>\n   <td>(2,216</td>\n   <td>)</td>\n   <td>(7,615</td>\n   <td>)</td>\n   <td>(24,832</td>\n   <td>)</td>\n   <td>(3,854</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Foreign exchange gain (loss)</td>\n   <td>117,714</td>\n   <td></td>\n   <td>(48,375</td>\n   <td>)</td>\n   <td>71,277</td>\n   <td></td>\n   <td>(32,443</td>\n   <td>)</td>\n   <td>(5,035</td>\n   <td>)</td>\n   <td>74,687</td>\n   <td></td>\n   <td>(9,541</td>\n   <td>)</td>\n   <td>(1,481</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Other gain</td>\n   <td>2,825</td>\n   <td></td>\n   <td>5,782</td>\n   <td></td>\n   <td>15,357</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>3,023</td>\n   <td></td>\n   <td>21,139</td>\n   <td></td>\n   <td>3,281</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other income (expense), net</td>\n   <td>515</td>\n   <td></td>\n   <td>1,926</td>\n   <td></td>\n   <td>4,464</td>\n   <td></td>\n   <td>(596</td>\n   <td>)</td>\n   <td>(92</td>\n   <td>)</td>\n   <td>(9,086</td>\n   <td>)</td>\n   <td>5,794</td>\n   <td></td>\n   <td>899</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Loss before income taxes</b></td>\n   <td><b>(101,304</b></td>\n   <td><b>)</b></td>\n   <td><b>(378,923</b></td>\n   <td><b>)</b></td>\n   <td><b>(217,129</b></td>\n   <td><b>)</b></td>\n   <td><b>(501,732</b></td>\n   <td><b>)</b></td>\n   <td><b>(77,867</b></td>\n   <td><b>)</b></td>\n   <td><b>(845,481</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,097,784</b></td>\n   <td><b>)</b></td>\n   <td><b>(170,375</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Income tax expense</td>\n   <td>(4,033</td>\n   <td>)</td>\n   <td>(3,286</td>\n   <td>)</td>\n   <td>(3,469</td>\n   <td>)</td>\n   <td>(5,004</td>\n   <td>)</td>\n   <td>(777</td>\n   <td>)</td>\n   <td>(11,559</td>\n   <td>)</td>\n   <td>(11,759</td>\n   <td>)</td>\n   <td>(1,825</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Net loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: net income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to Kingsoft Cloud Holdings Limited</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,047</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to ordinary shareholders</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(876,815</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Net loss per share:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>(0.03</td>\n   <td>)</td>\n   <td>(0.11</td>\n   <td>)</td>\n   <td>(0.07</td>\n   <td>)</td>\n   <td>(0.15</td>\n   <td>)</td>\n   <td>(0.02</td>\n   <td>)</td>\n   <td>(0.42</td>\n   <td>)</td>\n   <td>(0.33</td>\n   <td>)</td>\n   <td>(0.05</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Shares used in the net loss per share computation:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>3,153,524,558</td>\n   <td></td>\n   <td>3,343,336,997</td>\n   <td></td>\n   <td>3,351,178,745</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>2,098,997,211</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Other comprehensive (loss) income, net of tax of nil:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Foreign currency translation adjustments</td>\n   <td>(277,166</td>\n   <td>)</td>\n   <td>70,773</td>\n   <td></td>\n   <td>(132,888</td>\n   <td>)</td>\n   <td>41,673</td>\n   <td></td>\n   <td>6,468</td>\n   <td></td>\n   <td>(225,134</td>\n   <td>)</td>\n   <td>(20,442</td>\n   <td>)</td>\n   <td>(3,173</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss</b></td>\n   <td><b>(382,503</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,436</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,486</b></td>\n   <td><b>)</b></td>\n   <td><b>(465,063</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,176</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,174</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,129,985</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,373</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: Comprehensive income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,181</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to ordinary shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,101,949</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"8\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"5\"><b>Three Months Ended</b></td>\n   <td colspan=\"3\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross profit</b></td>\n   <td><b>112,898</b></td>\n   <td><b>116,503</b></td>\n   <td><b>118,482</b></td>\n   <td><b>88,412</b></td>\n   <td><b>13,722</b></td>\n   <td><b>264,413</b></td>\n   <td><b>323,397</b></td>\n   <td><b>50,190</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>1,858</td>\n   <td>5,499</td>\n   <td>2,961</td>\n   <td>3,741</td>\n   <td>581</td>\n   <td>8,293</td>\n   <td>12,201</td>\n   <td>1,894</td>\n  </tr>\n  <tr>\n   <td>Adjusted gross profit</td>\n   <td>114,756</td>\n   <td>122,002</td>\n   <td>121,443</td>\n   <td>92,153</td>\n   <td>14,303</td>\n   <td>272,706</td>\n   <td>335,598</td>\n   <td>52,084</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"3\"><b>Three Months Ended</b></td>\n   <td></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross margin</b></td>\n   <td><b>6.5%</b></td>\n   <td><b>6.4%</b></td>\n   <td><b>5.5%</b></td>\n   <td><b>3.7%</b></td>\n   <td><b>5.7%</b></td>\n   <td><b>5.1%</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted gross margin</b></td>\n   <td><b>6.6%</b></td>\n   <td><b>6.7%</b></td>\n   <td><b>5.6%</b></td>\n   <td><b>3.8%</b></td>\n   <td><b>5.9%</b></td>\n   <td><b>5.2%</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"15\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"10\"><b>Three Months Ended</b></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net Loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>57,339</td>\n   <td></td>\n   <td>123,113</td>\n   <td></td>\n   <td>76,092</td>\n   <td></td>\n   <td>110,006</td>\n   <td></td>\n   <td>17,073</td>\n   <td></td>\n   <td>275,571</td>\n   <td></td>\n   <td>309,211</td>\n   <td></td>\n   <td>47,989</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Foreign exchange (gain) loss</td>\n   <td>(117,714</td>\n   <td>)</td>\n   <td>48,375</td>\n   <td></td>\n   <td>(71,277</td>\n   <td>)</td>\n   <td>32,443</td>\n   <td></td>\n   <td>5,035</td>\n   <td></td>\n   <td>(74,687</td>\n   <td>)</td>\n   <td>9,541</td>\n   <td></td>\n   <td>1,481</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Other gain</td>\n   <td>(2,825</td>\n   <td>)</td>\n   <td>(5,782</td>\n   <td>)</td>\n   <td>(15,357</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(3,023</td>\n   <td>)</td>\n   <td>(21,139</td>\n   <td>)</td>\n   <td>(3,281</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Other (income) expense, net</td>\n   <td>(515</td>\n   <td>)</td>\n   <td>(1,926</td>\n   <td>)</td>\n   <td>(4,464</td>\n   <td>)</td>\n   <td>596</td>\n   <td></td>\n   <td>92</td>\n   <td></td>\n   <td>9,086</td>\n   <td></td>\n   <td>(5,794</td>\n   <td>)</td>\n   <td>(899</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjusted net loss</td>\n   <td>(169,052</td>\n   <td>)</td>\n   <td>(218,429</td>\n   <td>)</td>\n   <td>(235,604</td>\n   <td>)</td>\n   <td>(363,691</td>\n   <td>)</td>\n   <td>(56,444</td>\n   <td>)</td>\n   <td>(650,093</td>\n   <td>)</td>\n   <td>(817,724</td>\n   <td>)</td>\n   <td>(126,910</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Interest income</td>\n   <td>(24,414</td>\n   <td>)</td>\n   <td>(17,746</td>\n   <td>)</td>\n   <td>(18,927</td>\n   <td>)</td>\n   <td>(14,668</td>\n   <td>)</td>\n   <td>(2,276</td>\n   <td>)</td>\n   <td>(55,446</td>\n   <td>)</td>\n   <td>(51,341</td>\n   <td>)</td>\n   <td>(7,968</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Interest expense</td>\n   <td>3,940</td>\n   <td></td>\n   <td>3,866</td>\n   <td></td>\n   <td>6,689</td>\n   <td></td>\n   <td>14,277</td>\n   <td></td>\n   <td>2,216</td>\n   <td></td>\n   <td>7,615</td>\n   <td></td>\n   <td>24,832</td>\n   <td></td>\n   <td>3,854</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Income tax expense</td>\n   <td>4,033</td>\n   <td></td>\n   <td>3,286</td>\n   <td></td>\n   <td>3,469</td>\n   <td></td>\n   <td>5,004</td>\n   <td></td>\n   <td>777</td>\n   <td></td>\n   <td>11,559</td>\n   <td></td>\n   <td>11,759</td>\n   <td></td>\n   <td>1,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Depreciation and amortization</td>\n   <td>159,199</td>\n   <td></td>\n   <td>180,466</td>\n   <td></td>\n   <td>189,123</td>\n   <td></td>\n   <td>218,450</td>\n   <td></td>\n   <td>33,903</td>\n   <td></td>\n   <td>584,788</td>\n   <td></td>\n   <td>588,039</td>\n   <td></td>\n   <td>91,262</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Adjusted EBITDA</td>\n   <td>(26,294</td>\n   <td>)</td>\n   <td>(48,557</td>\n   <td>)</td>\n   <td>(55,250</td>\n   <td>)</td>\n   <td>(140,628</td>\n   <td>)</td>\n   <td>(21,824</td>\n   <td>)</td>\n   <td>(101,577</td>\n   <td>)</td>\n   <td>(244,435</td>\n   <td>)</td>\n   <td>(37,937</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Net loss margin</b></td>\n   <td><b>(6.1%)</b></td>\n   <td><b>(21.1%)</b></td>\n   <td><b>(10.1%)</b></td>\n   <td><b>(21.0%)</b></td>\n   <td><b>(18.4%)</b></td>\n   <td><b>(17.3%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted net loss margin</b></td>\n   <td><b>(9.8%)</b></td>\n   <td><b>(12.0%)</b></td>\n   <td><b>(10.8%)</b></td>\n   <td><b>(15.1%)</b></td>\n   <td><b>(14.0%)</b></td>\n   <td><b>(12.8%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted EBITDA margin</b></td>\n   <td><b>(1.5%)</b></td>\n   <td><b>(2.7%)</b></td>\n   <td><b>(2.5%)</b></td>\n   <td><b>(5.8%)</b></td>\n   <td><b>(2.2%)</b></td>\n   <td><b>(3.8%)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"5\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from operating activities</b></td>\n   <td><b>(103,510</b></td>\n   <td><b>)</b></td>\n   <td><b>13,926</b></td>\n   <td><b>2,161</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from investing activities</b></td>\n   <td><b>(1,037,103</b></td>\n   <td><b>)</b></td>\n   <td><b>99,442</b></td>\n   <td><b>15,433</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash generated from financing activities</b></td>\n   <td><b>1,770,098</b></td>\n   <td></td>\n   <td><b>526,164</b></td>\n   <td><b>81,659</b></td>\n  </tr>\n  <tr>\n   <td>Effect of exchange rate changes on cash, cash equivalents and restricted cash</td>\n   <td>(73,469</td>\n   <td>)</td>\n   <td>616</td>\n   <td>96</td>\n  </tr>\n  <tr>\n   <td>Net increase in cash, cash equivalents and restricted cash</td>\n   <td>629,485</td>\n   <td></td>\n   <td>639,532</td>\n   <td>99,253</td>\n  </tr>\n  <tr>\n   <td>Cash, cash equivalents and restricted cash at beginning of period</td>\n   <td>3,310,487</td>\n   <td></td>\n   <td>2,954,619</td>\n   <td>458,550</td>\n  </tr>\n  <tr>\n   <td><b>Cash, cash equivalents and restricted cash at end of period</b></td>\n   <td><b>3,866,503</b></td>\n   <td></td>\n   <td><b>3,594,767</b></td>\n   <td><b>557,899</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-11-24 19:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.</p>\n<p>Mr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “As the largest independent cloud service provider in China, we continue to execute our growth strategies as we strive to ‘become the most trusted cloud partner for our customers, and create the digital future together’. Despite headwinds in the macro environment, we are making great strides in building and strengthening relationships with premium customers. Last quarter we engaged with Meituan as our new customer. We have seen these newly engaged premium customers continue to contribute more to our incremental public cloud revenues. We are proud to announce that Pinduoduo, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest e-commerce platforms in China, became a new customer this quarter. We expect the new customer engagement trend continue to boost our public cloud growth. In addition, we have captured the new opportunities amid the regulation changes and started working with Shouqi, one of the emerging ride-hailing applications to empower them navigating the shifting landscape in China since July this year. Through these cooperation, we made further progress in enriching and diversifying our products and solution offerings in different sectors. And lastly, we are on track of integrating Camelot as a part of our efforts to build out our enterprise cloud services business. They currently serve over 500 premium customers and own multiple fulfillment centers, and we are now working on cross selling our services and enhancing our execution capabilities. We believe we are well positioned for long-term and healthy growth in this new era of digitalization.”</p>\n<p>Mr. Henry He, Chief Financial Officer of Kingsoft Cloud added, “Our total revenues were RMB2,413.8 million, up 40% year-over-year. Revenue from public cloud services was RMB1,686.0 million. For the second time in a row, our public cloud incremental revenues rose over RMB100 million sequentially, and it was the seventh consecutive quarterly revenue increase since our IPO. Revenue from enterprise cloud services was RMB726.9 million, a year-over-year increase of 78%. In October, we held our inaugural Kingsoft Cloud Summit &amp; Investor Day. We would like to express our appreciation for all those who attended and for your continued support.”</p>\n<p><b>Third Quarter 2021 Financial Results</b></p>\n<p><b>Total Revenues </b>reached RMB2,413.8 million (US$374.61 million), representing an increase of 39.6% from RMB1,728.8 million in the same period of 2020. The increases were due to the growth in both public cloud services and enterprise cloud services for our premium customers.</p>\n<ul>\n <li>Revenues from public cloud services were RMB1,686.0 million (US$261.7 million), representing an increase of 28.7% from RMB1,309.7 million in the same period of 2020 and a quarter-over-quarter incremental increase of RMB135.2 million. Revenues from public cloud services have been increasing for seven consecutive quarters since our first quarterly results after IPO. The increase was mainly due to our stable relations with top premium customers, engagement with new high-profile customers and cross-selling of our diversified products and solutions.</li>\n <li>Revenues from enterprise cloud services were RMB726.9 million (US$112.8 million), representing an increase of 77.7% from RMB409.1 million in the same period of 2020. The increase was mainly due to the strong demand in the market and our capabilities to provide industry-specific solutions, partially offset by the power shortage issues which delayed certain delivery process of enterprise cloud projects.</li>\n</ul>\n<ul>\n <li>Other revenues were RMB0.9 million (US$0.1 million).</li>\n <li></li>\n</ul>\n<p>_______________</p>\n<p>1 This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b>Cost of revenues </b>was RMB2,325.4 million (US$360.9 million), representing an increase of 43.9% from RMB1,615.9 million in the same period of 2020. IDC costs increased by 33.1% to RMB1,410.9 million (US$219.0 million) from RMB1,060.1 million in the same period of 2020, in line with the Company’s expanding business. Depreciation and amortization costs were RMB200.0 million (US$31.0 million), compared with RMB156.5 million in the same period of 2020.</p>\n<p><b>Gross profit </b>decreased by 21.7% to RMB88.4 million (US$13.7 million), from RMB112.9 million in the same period in 2020. <b>Gross margin </b>was 3.7%, compared with 6.5% in the same period in 2020.</p>\n<p><b>Non-GAAP gross profit</b>2 decreased by 19.7% to RMB92.2 million (US$14.3 million), from RMB114.8 million in the same period in 2020. <b>Non- GAAP gross margin </b>was 3.8%, compared with 6.6% in the same period in 2020. The decrease was primarily due to lower than expected utilization of our underlying public cloud infrastructure which was budgeted based on demand forecast as of the beginning of the year, and industry-wide public cloud demand turned out to be lower than expected.</p>\n<p><b>Selling and marketing expenses </b>were RMB132.2 million (US$20.5 million), compared with RMB96.8 million in the same period in 2020.</p>\n<p><b>General and administrative expenses </b>were RMB156.6 million (US$24.3 million), compared with RMB91.3 million in the same period in 2020.</p>\n<p><b>Research and development expenses </b>were RMB268.7 million (US$41.7 million), compared with RMB167.6 million in the same period in 2020.</p>\n<p>The increase in expenses was primarily due to the increase in salaries, social insurance fees and share-based compensation expenses.</p>\n<p></p>\n<p><b>Operating loss </b>was RMB469.1 million (US$72.8 million), compared with operating loss of RMB242.8 million in the same quarter of 2020.</p>\n<p><b>Net loss </b>was RMB506.7 million (US$78.6 million), compared with net loss of RMB105.3 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP net loss </b>was RMB363.7 million (US$56.4 million), compared with net loss of RMB169.1 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP EBITDA </b>was RMB-140.6 million (US$-21.8 million), compared with RMB-26.3 million in the same quarter of 2020. The decrease of Non-GAAP EBITDA was due to the changes of gross profits, the increase of personnel expenses and one time off Camelot transaction expenses.&nbsp;<b>Non-GAAP EBITDA margin </b>was -5.8%, compared with -1.5% in the same quarter of 2020.</p>\n<p><b>Basic and diluted net loss per share </b>was RMB0.15 (US$0.02), compared with RMB0.03 in the same quarter of 2020.</p>\n<p><b>Cash and cash equivalents and short-term investments </b>were RMB5,994.7 million (US$930.4 million) as of September 30, 2021, compared to RMB5,474.9 million as of June 30, 2021.</p>\n<p><b>Outstanding ordinary shares </b>were 3,625,037,000 as of September 30, 2021, equivalent to about 241,669,133 ADSs.</p>\n<p>_______________</p>\n<p>2 Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.</p>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects total revenues to be between RMB2.63 billion and RMB2.83 billion, representing a year- over-year growth of 37% to 47%. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.</p>\n<p><b><u>Conference Call Information</u></b></p>\n<p>The Company will hold a conference call on Wednesday, November 24, 2021, at 7:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong Time on the same day) to discuss the financial results.</p>\n<p>Participants can register for the conference call by navigating to <u>htt</u>p://a<u>pac.directeventreg.com/registration/event/3224539.</u> Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique registrant ID.</p>\n<p>To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your registrant ID, and you will join the conference instantly.</p>\n<p>A telephone replay of the call will be available after the conclusion of the conference call through 8:00 a.m. U.S. Eastern Time, December 2, 2021. The dial-in details for the replay are as follows:</p>\n<p>International: +61-2-8199-0299</p>\n<p>U.S. Toll Free: +1-855-452-5696</p>\n<p>Mainland China Toll Free: 800-870-0206</p>\n<p>Hong Kong Toll Free: 800-963-117</p>\n<p>Conference ID: 3224539</p>\n<p>A live and archived webcast of the conference call will also be available at the Company’s investor relations website at <u>htt</u>p://ir.ks<u>yun.com/.</u></p>\n<p><b><u>Use of Non-GAAP Financial Measures</u></b></p>\n<p>The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation, foreign exchange (gain) loss, other gain and other (income) expense, net, and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense and depreciation and amortization, and we define&nbsp;Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors’ assessment of our operating performance.</p>\n<p>These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.</p>\n<p>We compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.</p>\n<p><b><u>Exchan</u></b><b>g</b><b><u>e Rate Information</u></b></p>\n<p>This press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b><u>Safe Harbor Statement</u></b></p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>\n<p><b><u>About Kingsoft Cloud Holdings Limited</u></b></p>\n<p>Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.</p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"7\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Dec 31,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>ASSETS</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Cash and cash equivalents</td>\n   <td>3,424,674</td>\n   <td></td>\n   <td>3,444,174</td>\n   <td></td>\n   <td>534,527</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Restricted cash</td>\n   <td>—</td>\n   <td></td>\n   <td>150,593</td>\n   <td></td>\n   <td>23,372</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts receivable, net</td>\n   <td>2,334,871</td>\n   <td></td>\n   <td>4,431,060</td>\n   <td></td>\n   <td>687,690</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Short-term investments</td>\n   <td>2,693,019</td>\n   <td></td>\n   <td>2,550,488</td>\n   <td></td>\n   <td>395,830</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>887,086</td>\n   <td></td>\n   <td>1,127,668</td>\n   <td></td>\n   <td>175,011</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>205,068</td>\n   <td></td>\n   <td>270,572</td>\n   <td></td>\n   <td>41,992</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current assets</b></td>\n   <td><b>9,544,718</b></td>\n   <td></td>\n   <td><b>11,974,555</b></td>\n   <td></td>\n   <td><b>1,858,422</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Non-current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Property and equipment, net</td>\n   <td>1,956,790</td>\n   <td></td>\n   <td>2,058,794</td>\n   <td></td>\n   <td>319,520</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Intangible assets, net</td>\n   <td>16,573</td>\n   <td></td>\n   <td>1,252,198</td>\n   <td></td>\n   <td>194,338</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>11,824</td>\n   <td></td>\n   <td>49,291</td>\n   <td></td>\n   <td>7,650</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Equity investments</td>\n   <td>126,583</td>\n   <td></td>\n   <td>88,757</td>\n   <td></td>\n   <td>13,775</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Goodwill</td>\n   <td>-</td>\n   <td></td>\n   <td>4,402,568</td>\n   <td></td>\n   <td>683,268</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>5,758</td>\n   <td></td>\n   <td>5,758</td>\n   <td></td>\n   <td>894</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating lease right-of-use assets</td>\n   <td>266,968</td>\n   <td></td>\n   <td>257,153</td>\n   <td></td>\n   <td>39,910</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Deferred tax assets</td>\n   <td>—</td>\n   <td></td>\n   <td>16,515</td>\n   <td></td>\n   <td>2,563</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current assets</b></td>\n   <td><b>2,384,496</b></td>\n   <td></td>\n   <td><b>8,131,034</b></td>\n   <td></td>\n   <td><b>1,261,918</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total assets</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>LIABILITIES AND SHAREHOLDERS’ EQUITY</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Short-term bank loans</td>\n   <td>278,488</td>\n   <td></td>\n   <td>901,455</td>\n   <td></td>\n   <td>139,904</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts payable</td>\n   <td>2,057,355</td>\n   <td></td>\n   <td>3,151,825</td>\n   <td></td>\n   <td>489,156</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accrued expenses and other current liabilities</td>\n   <td>845,374</td>\n   <td></td>\n   <td>1,458,523</td>\n   <td></td>\n   <td>226,359</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Long-term bank loan, current portion</td>\n   <td>74,351.00</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Income tax payable</td>\n   <td>20,564</td>\n   <td></td>\n   <td>79,673</td>\n   <td></td>\n   <td>12,365</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>112,998</td>\n   <td></td>\n   <td>263,930</td>\n   <td></td>\n   <td>40,961</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Current operating lease liabilities</td>\n   <td>76,469</td>\n   <td></td>\n   <td>74,638</td>\n   <td></td>\n   <td>11,584</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current liabilities</b></td>\n   <td><b>3,465,599</b></td>\n   <td></td>\n   <td><b>5,930,044</b></td>\n   <td></td>\n   <td><b>920,329</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Non-current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Deferred tax liabilities</td>\n   <td>29</td>\n   <td></td>\n   <td>251,081</td>\n   <td></td>\n   <td>38,967</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>—</td>\n   <td></td>\n   <td>425,762</td>\n   <td></td>\n   <td>66,077</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other liabilities</td>\n   <td>40,578</td>\n   <td></td>\n   <td>1,256,123</td>\n   <td></td>\n   <td>194,947</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Non-current operating lease liabilities</td>\n   <td>182,958</td>\n   <td></td>\n   <td>181,622</td>\n   <td></td>\n   <td>28,187</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current liabilities</b></td>\n   <td><b>223,565</b></td>\n   <td></td>\n   <td><b>2,114,588</b></td>\n   <td></td>\n   <td><b>328,178</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities</b></td>\n   <td><b>3,689,164</b></td>\n   <td></td>\n   <td><b>8,044,632</b></td>\n   <td></td>\n   <td><b>1,248,507</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Shareholders’ equity:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Ordinary shares</td>\n   <td>22,801</td>\n   <td></td>\n   <td>24,645</td>\n   <td></td>\n   <td>3,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Additional paid-in capital</td>\n   <td>14,149,984</td>\n   <td></td>\n   <td>18,112,182</td>\n   <td></td>\n   <td>2,810,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accumulated deficit</td>\n   <td>(5,864,356</td>\n   <td>)</td>\n   <td>(6,980,829</td>\n   <td>)</td>\n   <td>(1,083,408</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Accumulated other comprehensive loss</td>\n   <td>(68,440</td>\n   <td>)</td>\n   <td>(88,882</td>\n   <td>)</td>\n   <td>(13,794</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Total Kingsoft Cloud Holdings Limited shareholders’ equity</b></td>\n   <td><b>8,239,989</b></td>\n   <td></td>\n   <td><b>11,067,116</b></td>\n   <td></td>\n   <td><b>1,717,591</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Noncontrolling interests</td>\n   <td>61</td>\n   <td></td>\n   <td>993,841</td>\n   <td></td>\n   <td>154,242</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total equity</b></td>\n   <td><b>8,240,050</b></td>\n   <td></td>\n   <td><b>12,060,957</b></td>\n   <td></td>\n   <td><b>1,871,833</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities and shareholders’ equity</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<p>For the business combinations occurred during the period, the Company is in the process of finalizing valuations of the net identifiable assets acquired. As the Company receives additional information during the measurement period, the fair values assigned to the assets and liabilities may be adjusted.</p>\n<p></p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"17\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>(All amounts in thousands, except for share and per share data)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"8\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Revenues:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Public cloud services</td>\n   <td>1,309,693</td>\n   <td></td>\n   <td>1,391,833</td>\n   <td></td>\n   <td>1,550,777</td>\n   <td></td>\n   <td>1,685,999</td>\n   <td></td>\n   <td>261,663</td>\n   <td></td>\n   <td>3,805,346</td>\n   <td></td>\n   <td>4,628,609</td>\n   <td></td>\n   <td>718,349</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Enterprise cloud services</td>\n   <td>409,101</td>\n   <td></td>\n   <td>420,032</td>\n   <td></td>\n   <td>622,145</td>\n   <td></td>\n   <td>726,865</td>\n   <td></td>\n   <td>112,808</td>\n   <td></td>\n   <td>836,769</td>\n   <td></td>\n   <td>1,769,042</td>\n   <td></td>\n   <td>274,551</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Others</td>\n   <td>10,049</td>\n   <td></td>\n   <td>1,667</td>\n   <td></td>\n   <td>765</td>\n   <td></td>\n   <td>971</td>\n   <td></td>\n   <td>151</td>\n   <td></td>\n   <td>12,446</td>\n   <td></td>\n   <td>3,403</td>\n   <td></td>\n   <td>528</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total revenues</b></td>\n   <td><b>1,728,843</b></td>\n   <td></td>\n   <td><b>1,813,532</b></td>\n   <td></td>\n   <td><b>2,173,687</b></td>\n   <td></td>\n   <td><b>2,413,835</b></td>\n   <td></td>\n   <td><b>374,622</b></td>\n   <td></td>\n   <td><b>4,654,561</b></td>\n   <td></td>\n   <td><b>6,401,054</b></td>\n   <td></td>\n   <td><b>993,428</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Cost of revenues</td>\n   <td>(1,615,945</td>\n   <td>)</td>\n   <td>(1,697,029</td>\n   <td>)</td>\n   <td>(2,055,205</td>\n   <td>)</td>\n   <td>(2,325,423</td>\n   <td>)</td>\n   <td>(360,900</td>\n   <td>)</td>\n   <td>(4,390,148</td>\n   <td>)</td>\n   <td>(6,077,657</td>\n   <td>)</td>\n   <td>(943,238</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Gross profit </b></td>\n   <td><b>112,898</b></td>\n   <td></td>\n   <td><b>116,503</b></td>\n   <td></td>\n   <td><b>118,482</b></td>\n   <td></td>\n   <td><b>88,412</b></td>\n   <td></td>\n   <td><b>13,722</b></td>\n   <td></td>\n   <td><b>264,413</b></td>\n   <td></td>\n   <td><b>323,397</b></td>\n   <td></td>\n   <td><b>50,190</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating expenses:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Selling and marketing expenses</td>\n   <td>(96,802</td>\n   <td>)</td>\n   <td>(112,826</td>\n   <td>)</td>\n   <td>(96,058</td>\n   <td>)</td>\n   <td>(132,202</td>\n   <td>)</td>\n   <td>(20,517</td>\n   <td>)</td>\n   <td>(294,545</td>\n   <td>)</td>\n   <td>(341,086</td>\n   <td>)</td>\n   <td>(52,936</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>General and administrative expenses</td>\n   <td>(91,338</td>\n   <td>)</td>\n   <td>(91,177</td>\n   <td>)</td>\n   <td>(110,637</td>\n   <td>)</td>\n   <td>(156,573</td>\n   <td>)</td>\n   <td>(24,300</td>\n   <td>)</td>\n   <td>(337,736</td>\n   <td>)</td>\n   <td>(358,387</td>\n   <td>)</td>\n   <td>(55,621</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Research and development expenses</td>\n   <td>(167,590</td>\n   <td>)</td>\n   <td>(264,636</td>\n   <td>)</td>\n   <td>(232,252</td>\n   <td>)</td>\n   <td>(268,721</td>\n   <td>)</td>\n   <td>(41,705</td>\n   <td>)</td>\n   <td>(594,068</td>\n   <td>)</td>\n   <td>(765,609</td>\n   <td>)</td>\n   <td>(118,821</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Total operating expenses</b></td>\n   <td><b>(355,730</b></td>\n   <td><b>)</b></td>\n   <td><b>(468,639</b></td>\n   <td><b>)</b></td>\n   <td><b>(438,947</b></td>\n   <td><b>)</b></td>\n   <td><b>(557,496</b></td>\n   <td><b>)</b></td>\n   <td><b>(86,522</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,226,349</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,465,082</b></td>\n   <td><b>)</b></td>\n   <td><b>(227,378</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td><b>Operating loss</b></td>\n   <td><b>(242,832</b></td>\n   <td><b>)</b></td>\n   <td><b>(352,136</b></td>\n   <td><b>)</b></td>\n   <td><b>(320,465</b></td>\n   <td><b>)</b></td>\n   <td><b>(469,084</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,800</b></td>\n   <td><b>)</b></td>\n   <td><b>(961,936</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,141,685</b></td>\n   <td><b>)</b></td>\n   <td><b>(177,188</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Interest income</td>\n   <td>24,414</td>\n   <td></td>\n   <td>17,746</td>\n   <td></td>\n   <td>18,927</td>\n   <td></td>\n   <td>14,668</td>\n   <td></td>\n   <td>2,276</td>\n   <td></td>\n   <td>55,446</td>\n   <td></td>\n   <td>51,341</td>\n   <td></td>\n   <td>7,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Interest expense</td>\n   <td>(3,940</td>\n   <td>)</td>\n   <td>(3,866</td>\n   <td>)</td>\n   <td>(6,689</td>\n   <td>)</td>\n   <td>(14,277</td>\n   <td>)</td>\n   <td>(2,216</td>\n   <td>)</td>\n   <td>(7,615</td>\n   <td>)</td>\n   <td>(24,832</td>\n   <td>)</td>\n   <td>(3,854</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Foreign exchange gain (loss)</td>\n   <td>117,714</td>\n   <td></td>\n   <td>(48,375</td>\n   <td>)</td>\n   <td>71,277</td>\n   <td></td>\n   <td>(32,443</td>\n   <td>)</td>\n   <td>(5,035</td>\n   <td>)</td>\n   <td>74,687</td>\n   <td></td>\n   <td>(9,541</td>\n   <td>)</td>\n   <td>(1,481</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Other gain</td>\n   <td>2,825</td>\n   <td></td>\n   <td>5,782</td>\n   <td></td>\n   <td>15,357</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>3,023</td>\n   <td></td>\n   <td>21,139</td>\n   <td></td>\n   <td>3,281</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other income (expense), net</td>\n   <td>515</td>\n   <td></td>\n   <td>1,926</td>\n   <td></td>\n   <td>4,464</td>\n   <td></td>\n   <td>(596</td>\n   <td>)</td>\n   <td>(92</td>\n   <td>)</td>\n   <td>(9,086</td>\n   <td>)</td>\n   <td>5,794</td>\n   <td></td>\n   <td>899</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Loss before income taxes</b></td>\n   <td><b>(101,304</b></td>\n   <td><b>)</b></td>\n   <td><b>(378,923</b></td>\n   <td><b>)</b></td>\n   <td><b>(217,129</b></td>\n   <td><b>)</b></td>\n   <td><b>(501,732</b></td>\n   <td><b>)</b></td>\n   <td><b>(77,867</b></td>\n   <td><b>)</b></td>\n   <td><b>(845,481</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,097,784</b></td>\n   <td><b>)</b></td>\n   <td><b>(170,375</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Income tax expense</td>\n   <td>(4,033</td>\n   <td>)</td>\n   <td>(3,286</td>\n   <td>)</td>\n   <td>(3,469</td>\n   <td>)</td>\n   <td>(5,004</td>\n   <td>)</td>\n   <td>(777</td>\n   <td>)</td>\n   <td>(11,559</td>\n   <td>)</td>\n   <td>(11,759</td>\n   <td>)</td>\n   <td>(1,825</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Net loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: net income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to Kingsoft Cloud Holdings Limited</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,047</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to ordinary shareholders</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(876,815</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Net loss per share:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>(0.03</td>\n   <td>)</td>\n   <td>(0.11</td>\n   <td>)</td>\n   <td>(0.07</td>\n   <td>)</td>\n   <td>(0.15</td>\n   <td>)</td>\n   <td>(0.02</td>\n   <td>)</td>\n   <td>(0.42</td>\n   <td>)</td>\n   <td>(0.33</td>\n   <td>)</td>\n   <td>(0.05</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Shares used in the net loss per share computation:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>3,153,524,558</td>\n   <td></td>\n   <td>3,343,336,997</td>\n   <td></td>\n   <td>3,351,178,745</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>2,098,997,211</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Other comprehensive (loss) income, net of tax of nil:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Foreign currency translation adjustments</td>\n   <td>(277,166</td>\n   <td>)</td>\n   <td>70,773</td>\n   <td></td>\n   <td>(132,888</td>\n   <td>)</td>\n   <td>41,673</td>\n   <td></td>\n   <td>6,468</td>\n   <td></td>\n   <td>(225,134</td>\n   <td>)</td>\n   <td>(20,442</td>\n   <td>)</td>\n   <td>(3,173</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss</b></td>\n   <td><b>(382,503</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,436</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,486</b></td>\n   <td><b>)</b></td>\n   <td><b>(465,063</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,176</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,174</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,129,985</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,373</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: Comprehensive income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,181</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to ordinary shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,101,949</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"8\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"5\"><b>Three Months Ended</b></td>\n   <td colspan=\"3\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross profit</b></td>\n   <td><b>112,898</b></td>\n   <td><b>116,503</b></td>\n   <td><b>118,482</b></td>\n   <td><b>88,412</b></td>\n   <td><b>13,722</b></td>\n   <td><b>264,413</b></td>\n   <td><b>323,397</b></td>\n   <td><b>50,190</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>1,858</td>\n   <td>5,499</td>\n   <td>2,961</td>\n   <td>3,741</td>\n   <td>581</td>\n   <td>8,293</td>\n   <td>12,201</td>\n   <td>1,894</td>\n  </tr>\n  <tr>\n   <td>Adjusted gross profit</td>\n   <td>114,756</td>\n   <td>122,002</td>\n   <td>121,443</td>\n   <td>92,153</td>\n   <td>14,303</td>\n   <td>272,706</td>\n   <td>335,598</td>\n   <td>52,084</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"3\"><b>Three Months Ended</b></td>\n   <td></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross margin</b></td>\n   <td><b>6.5%</b></td>\n   <td><b>6.4%</b></td>\n   <td><b>5.5%</b></td>\n   <td><b>3.7%</b></td>\n   <td><b>5.7%</b></td>\n   <td><b>5.1%</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted gross margin</b></td>\n   <td><b>6.6%</b></td>\n   <td><b>6.7%</b></td>\n   <td><b>5.6%</b></td>\n   <td><b>3.8%</b></td>\n   <td><b>5.9%</b></td>\n   <td><b>5.2%</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"15\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"10\"><b>Three Months Ended</b></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net Loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>57,339</td>\n   <td></td>\n   <td>123,113</td>\n   <td></td>\n   <td>76,092</td>\n   <td></td>\n   <td>110,006</td>\n   <td></td>\n   <td>17,073</td>\n   <td></td>\n   <td>275,571</td>\n   <td></td>\n   <td>309,211</td>\n   <td></td>\n   <td>47,989</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Foreign exchange (gain) loss</td>\n   <td>(117,714</td>\n   <td>)</td>\n   <td>48,375</td>\n   <td></td>\n   <td>(71,277</td>\n   <td>)</td>\n   <td>32,443</td>\n   <td></td>\n   <td>5,035</td>\n   <td></td>\n   <td>(74,687</td>\n   <td>)</td>\n   <td>9,541</td>\n   <td></td>\n   <td>1,481</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Other gain</td>\n   <td>(2,825</td>\n   <td>)</td>\n   <td>(5,782</td>\n   <td>)</td>\n   <td>(15,357</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(3,023</td>\n   <td>)</td>\n   <td>(21,139</td>\n   <td>)</td>\n   <td>(3,281</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Other (income) expense, net</td>\n   <td>(515</td>\n   <td>)</td>\n   <td>(1,926</td>\n   <td>)</td>\n   <td>(4,464</td>\n   <td>)</td>\n   <td>596</td>\n   <td></td>\n   <td>92</td>\n   <td></td>\n   <td>9,086</td>\n   <td></td>\n   <td>(5,794</td>\n   <td>)</td>\n   <td>(899</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjusted net loss</td>\n   <td>(169,052</td>\n   <td>)</td>\n   <td>(218,429</td>\n   <td>)</td>\n   <td>(235,604</td>\n   <td>)</td>\n   <td>(363,691</td>\n   <td>)</td>\n   <td>(56,444</td>\n   <td>)</td>\n   <td>(650,093</td>\n   <td>)</td>\n   <td>(817,724</td>\n   <td>)</td>\n   <td>(126,910</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Interest income</td>\n   <td>(24,414</td>\n   <td>)</td>\n   <td>(17,746</td>\n   <td>)</td>\n   <td>(18,927</td>\n   <td>)</td>\n   <td>(14,668</td>\n   <td>)</td>\n   <td>(2,276</td>\n   <td>)</td>\n   <td>(55,446</td>\n   <td>)</td>\n   <td>(51,341</td>\n   <td>)</td>\n   <td>(7,968</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Interest expense</td>\n   <td>3,940</td>\n   <td></td>\n   <td>3,866</td>\n   <td></td>\n   <td>6,689</td>\n   <td></td>\n   <td>14,277</td>\n   <td></td>\n   <td>2,216</td>\n   <td></td>\n   <td>7,615</td>\n   <td></td>\n   <td>24,832</td>\n   <td></td>\n   <td>3,854</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Income tax expense</td>\n   <td>4,033</td>\n   <td></td>\n   <td>3,286</td>\n   <td></td>\n   <td>3,469</td>\n   <td></td>\n   <td>5,004</td>\n   <td></td>\n   <td>777</td>\n   <td></td>\n   <td>11,559</td>\n   <td></td>\n   <td>11,759</td>\n   <td></td>\n   <td>1,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Depreciation and amortization</td>\n   <td>159,199</td>\n   <td></td>\n   <td>180,466</td>\n   <td></td>\n   <td>189,123</td>\n   <td></td>\n   <td>218,450</td>\n   <td></td>\n   <td>33,903</td>\n   <td></td>\n   <td>584,788</td>\n   <td></td>\n   <td>588,039</td>\n   <td></td>\n   <td>91,262</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Adjusted EBITDA</td>\n   <td>(26,294</td>\n   <td>)</td>\n   <td>(48,557</td>\n   <td>)</td>\n   <td>(55,250</td>\n   <td>)</td>\n   <td>(140,628</td>\n   <td>)</td>\n   <td>(21,824</td>\n   <td>)</td>\n   <td>(101,577</td>\n   <td>)</td>\n   <td>(244,435</td>\n   <td>)</td>\n   <td>(37,937</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Net loss margin</b></td>\n   <td><b>(6.1%)</b></td>\n   <td><b>(21.1%)</b></td>\n   <td><b>(10.1%)</b></td>\n   <td><b>(21.0%)</b></td>\n   <td><b>(18.4%)</b></td>\n   <td><b>(17.3%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted net loss margin</b></td>\n   <td><b>(9.8%)</b></td>\n   <td><b>(12.0%)</b></td>\n   <td><b>(10.8%)</b></td>\n   <td><b>(15.1%)</b></td>\n   <td><b>(14.0%)</b></td>\n   <td><b>(12.8%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted EBITDA margin</b></td>\n   <td><b>(1.5%)</b></td>\n   <td><b>(2.7%)</b></td>\n   <td><b>(2.5%)</b></td>\n   <td><b>(5.8%)</b></td>\n   <td><b>(2.2%)</b></td>\n   <td><b>(3.8%)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"5\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from operating activities</b></td>\n   <td><b>(103,510</b></td>\n   <td><b>)</b></td>\n   <td><b>13,926</b></td>\n   <td><b>2,161</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from investing activities</b></td>\n   <td><b>(1,037,103</b></td>\n   <td><b>)</b></td>\n   <td><b>99,442</b></td>\n   <td><b>15,433</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash generated from financing activities</b></td>\n   <td><b>1,770,098</b></td>\n   <td></td>\n   <td><b>526,164</b></td>\n   <td><b>81,659</b></td>\n  </tr>\n  <tr>\n   <td>Effect of exchange rate changes on cash, cash equivalents and restricted cash</td>\n   <td>(73,469</td>\n   <td>)</td>\n   <td>616</td>\n   <td>96</td>\n  </tr>\n  <tr>\n   <td>Net increase in cash, cash equivalents and restricted cash</td>\n   <td>629,485</td>\n   <td></td>\n   <td>639,532</td>\n   <td>99,253</td>\n  </tr>\n  <tr>\n   <td>Cash, cash equivalents and restricted cash at beginning of period</td>\n   <td>3,310,487</td>\n   <td></td>\n   <td>2,954,619</td>\n   <td>458,550</td>\n  </tr>\n  <tr>\n   <td><b>Cash, cash equivalents and restricted cash at end of period</b></td>\n   <td><b>3,866,503</b></td>\n   <td></td>\n   <td><b>3,594,767</b></td>\n   <td><b>557,899</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KC":"金山云"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185591503","content_text":"BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.\nMr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “As the largest independent cloud service provider in China, we continue to execute our growth strategies as we strive to ‘become the most trusted cloud partner for our customers, and create the digital future together’. Despite headwinds in the macro environment, we are making great strides in building and strengthening relationships with premium customers. Last quarter we engaged with Meituan as our new customer. We have seen these newly engaged premium customers continue to contribute more to our incremental public cloud revenues. We are proud to announce that Pinduoduo, one of the largest e-commerce platforms in China, became a new customer this quarter. We expect the new customer engagement trend continue to boost our public cloud growth. In addition, we have captured the new opportunities amid the regulation changes and started working with Shouqi, one of the emerging ride-hailing applications to empower them navigating the shifting landscape in China since July this year. Through these cooperation, we made further progress in enriching and diversifying our products and solution offerings in different sectors. And lastly, we are on track of integrating Camelot as a part of our efforts to build out our enterprise cloud services business. They currently serve over 500 premium customers and own multiple fulfillment centers, and we are now working on cross selling our services and enhancing our execution capabilities. We believe we are well positioned for long-term and healthy growth in this new era of digitalization.”\nMr. Henry He, Chief Financial Officer of Kingsoft Cloud added, “Our total revenues were RMB2,413.8 million, up 40% year-over-year. Revenue from public cloud services was RMB1,686.0 million. For the second time in a row, our public cloud incremental revenues rose over RMB100 million sequentially, and it was the seventh consecutive quarterly revenue increase since our IPO. Revenue from enterprise cloud services was RMB726.9 million, a year-over-year increase of 78%. In October, we held our inaugural Kingsoft Cloud Summit & Investor Day. We would like to express our appreciation for all those who attended and for your continued support.”\nThird Quarter 2021 Financial Results\nTotal Revenues reached RMB2,413.8 million (US$374.61 million), representing an increase of 39.6% from RMB1,728.8 million in the same period of 2020. The increases were due to the growth in both public cloud services and enterprise cloud services for our premium customers.\n\nRevenues from public cloud services were RMB1,686.0 million (US$261.7 million), representing an increase of 28.7% from RMB1,309.7 million in the same period of 2020 and a quarter-over-quarter incremental increase of RMB135.2 million. Revenues from public cloud services have been increasing for seven consecutive quarters since our first quarterly results after IPO. The increase was mainly due to our stable relations with top premium customers, engagement with new high-profile customers and cross-selling of our diversified products and solutions.\nRevenues from enterprise cloud services were RMB726.9 million (US$112.8 million), representing an increase of 77.7% from RMB409.1 million in the same period of 2020. The increase was mainly due to the strong demand in the market and our capabilities to provide industry-specific solutions, partially offset by the power shortage issues which delayed certain delivery process of enterprise cloud projects.\n\n\nOther revenues were RMB0.9 million (US$0.1 million).\n\n\n_______________\n1 This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.\nCost of revenues was RMB2,325.4 million (US$360.9 million), representing an increase of 43.9% from RMB1,615.9 million in the same period of 2020. IDC costs increased by 33.1% to RMB1,410.9 million (US$219.0 million) from RMB1,060.1 million in the same period of 2020, in line with the Company’s expanding business. Depreciation and amortization costs were RMB200.0 million (US$31.0 million), compared with RMB156.5 million in the same period of 2020.\nGross profit decreased by 21.7% to RMB88.4 million (US$13.7 million), from RMB112.9 million in the same period in 2020. Gross margin was 3.7%, compared with 6.5% in the same period in 2020.\nNon-GAAP gross profit2 decreased by 19.7% to RMB92.2 million (US$14.3 million), from RMB114.8 million in the same period in 2020. Non- GAAP gross margin was 3.8%, compared with 6.6% in the same period in 2020. The decrease was primarily due to lower than expected utilization of our underlying public cloud infrastructure which was budgeted based on demand forecast as of the beginning of the year, and industry-wide public cloud demand turned out to be lower than expected.\nSelling and marketing expenses were RMB132.2 million (US$20.5 million), compared with RMB96.8 million in the same period in 2020.\nGeneral and administrative expenses were RMB156.6 million (US$24.3 million), compared with RMB91.3 million in the same period in 2020.\nResearch and development expenses were RMB268.7 million (US$41.7 million), compared with RMB167.6 million in the same period in 2020.\nThe increase in expenses was primarily due to the increase in salaries, social insurance fees and share-based compensation expenses.\n\nOperating loss was RMB469.1 million (US$72.8 million), compared with operating loss of RMB242.8 million in the same quarter of 2020.\nNet loss was RMB506.7 million (US$78.6 million), compared with net loss of RMB105.3 million in the same quarter of 2020.\nNon-GAAP net loss was RMB363.7 million (US$56.4 million), compared with net loss of RMB169.1 million in the same quarter of 2020.\nNon-GAAP EBITDA was RMB-140.6 million (US$-21.8 million), compared with RMB-26.3 million in the same quarter of 2020. The decrease of Non-GAAP EBITDA was due to the changes of gross profits, the increase of personnel expenses and one time off Camelot transaction expenses. Non-GAAP EBITDA margin was -5.8%, compared with -1.5% in the same quarter of 2020.\nBasic and diluted net loss per share was RMB0.15 (US$0.02), compared with RMB0.03 in the same quarter of 2020.\nCash and cash equivalents and short-term investments were RMB5,994.7 million (US$930.4 million) as of September 30, 2021, compared to RMB5,474.9 million as of June 30, 2021.\nOutstanding ordinary shares were 3,625,037,000 as of September 30, 2021, equivalent to about 241,669,133 ADSs.\n_______________\n2 Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.\nBusiness Outlook\nFor the fourth quarter of 2021, the Company expects total revenues to be between RMB2.63 billion and RMB2.83 billion, representing a year- over-year growth of 37% to 47%. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.\nConference Call Information\nThe Company will hold a conference call on Wednesday, November 24, 2021, at 7:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong Time on the same day) to discuss the financial results.\nParticipants can register for the conference call by navigating to http://apac.directeventreg.com/registration/event/3224539. Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique registrant ID.\nTo join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your registrant ID, and you will join the conference instantly.\nA telephone replay of the call will be available after the conclusion of the conference call through 8:00 a.m. U.S. Eastern Time, December 2, 2021. The dial-in details for the replay are as follows:\nInternational: +61-2-8199-0299\nU.S. Toll Free: +1-855-452-5696\nMainland China Toll Free: 800-870-0206\nHong Kong Toll Free: 800-963-117\nConference ID: 3224539\nA live and archived webcast of the conference call will also be available at the Company’s investor relations website at http://ir.ksyun.com/.\nUse of Non-GAAP Financial Measures\nThe unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation, foreign exchange (gain) loss, other gain and other (income) expense, net, and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense and depreciation and amortization, and we define Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors’ assessment of our operating performance.\nThese non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.\nWe compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.\nExchange Rate Information\nThis press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.\nSafe Harbor Statement\nThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.\nAbout Kingsoft Cloud Holdings Limited\nKingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\nUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS\n\n\n(All amounts in thousands)\n\n\n\nDec 31,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nUS$\n\n\nASSETS\n\n\n\n\n\nCurrent assets:\n\n\n\n\n\nCash and cash equivalents\n3,424,674\n\n3,444,174\n\n534,527\n\n\n\nRestricted cash\n—\n\n150,593\n\n23,372\n\n\n\nAccounts receivable, net\n2,334,871\n\n4,431,060\n\n687,690\n\n\n\nShort-term investments\n2,693,019\n\n2,550,488\n\n395,830\n\n\n\nPrepayments and other assets\n887,086\n\n1,127,668\n\n175,011\n\n\n\nAmounts due from related parties\n205,068\n\n270,572\n\n41,992\n\n\n\nTotal current assets\n9,544,718\n\n11,974,555\n\n1,858,422\n\n\n\nNon-current assets:\n\n\n\n\n\nProperty and equipment, net\n1,956,790\n\n2,058,794\n\n319,520\n\n\n\nIntangible assets, net\n16,573\n\n1,252,198\n\n194,338\n\n\n\nPrepayments and other assets\n11,824\n\n49,291\n\n7,650\n\n\n\nEquity investments\n126,583\n\n88,757\n\n13,775\n\n\n\nGoodwill\n-\n\n4,402,568\n\n683,268\n\n\n\nAmounts due from related parties\n5,758\n\n5,758\n\n894\n\n\n\nOperating lease right-of-use assets\n266,968\n\n257,153\n\n39,910\n\n\n\nDeferred tax assets\n—\n\n16,515\n\n2,563\n\n\n\nTotal non-current assets\n2,384,496\n\n8,131,034\n\n1,261,918\n\n\n\nTotal assets\n11,929,214\n\n20,105,589\n\n3,120,340\n\n\n\n\n\n\n\n\n\nLIABILITIES AND SHAREHOLDERS’ EQUITY\n\n\n\n\n\nCurrent liabilities:\n\n\n\n\n\nShort-term bank loans\n278,488\n\n901,455\n\n139,904\n\n\n\nAccounts payable\n2,057,355\n\n3,151,825\n\n489,156\n\n\n\nAccrued expenses and other current liabilities\n845,374\n\n1,458,523\n\n226,359\n\n\n\nLong-term bank loan, current portion\n74,351.00\n\n—\n\n—\n\n\n\nIncome tax payable\n20,564\n\n79,673\n\n12,365\n\n\n\nAmounts due to related parties\n112,998\n\n263,930\n\n40,961\n\n\n\nCurrent operating lease liabilities\n76,469\n\n74,638\n\n11,584\n\n\n\nTotal current liabilities\n3,465,599\n\n5,930,044\n\n920,329\n\n\n\n\n\n\n\n\n\nNon-current liabilities:\n\n\n\n\n\nDeferred tax liabilities\n29\n\n251,081\n\n38,967\n\n\n\nAmounts due to related parties\n—\n\n425,762\n\n66,077\n\n\n\nOther liabilities\n40,578\n\n1,256,123\n\n194,947\n\n\n\nNon-current operating lease liabilities\n182,958\n\n181,622\n\n28,187\n\n\n\nTotal non-current liabilities\n223,565\n\n2,114,588\n\n328,178\n\n\n\nTotal liabilities\n3,689,164\n\n8,044,632\n\n1,248,507\n\n\n\nShareholders’ equity:\n\n\n\n\n\nOrdinary shares\n22,801\n\n24,645\n\n3,825\n\n\n\nAdditional paid-in capital\n14,149,984\n\n18,112,182\n\n2,810,968\n\n\n\nAccumulated deficit\n(5,864,356\n)\n(6,980,829\n)\n(1,083,408\n)\n\n\nAccumulated other comprehensive loss\n(68,440\n)\n(88,882\n)\n(13,794\n)\n\n\nTotal Kingsoft Cloud Holdings Limited shareholders’ equity\n8,239,989\n\n11,067,116\n\n1,717,591\n\n\n\nNoncontrolling interests\n61\n\n993,841\n\n154,242\n\n\n\nTotal equity\n8,240,050\n\n12,060,957\n\n1,871,833\n\n\n\nTotal liabilities and shareholders’ equity\n11,929,214\n\n20,105,589\n\n3,120,340\n\n\n\n\n\n\n\n\n\n\nFor the business combinations occurred during the period, the Company is in the process of finalizing valuations of the net identifiable assets acquired. As the Company receives additional information during the measurement period, the fair values assigned to the assets and liabilities may be adjusted.\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\nUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS\n\n\n(All amounts in thousands, except for share and per share data)\n\n\n\nThree Months Ended\n\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nRMB\nRMB\nUS$\nRMB\nRMB\nUS$\n\n\nRevenues:\n\n\n\n\n\n\n\n\n\n\nPublic cloud services\n1,309,693\n\n1,391,833\n\n1,550,777\n\n1,685,999\n\n261,663\n\n3,805,346\n\n4,628,609\n\n718,349\n\n\n\nEnterprise cloud services\n409,101\n\n420,032\n\n622,145\n\n726,865\n\n112,808\n\n836,769\n\n1,769,042\n\n274,551\n\n\n\nOthers\n10,049\n\n1,667\n\n765\n\n971\n\n151\n\n12,446\n\n3,403\n\n528\n\n\n\nTotal revenues\n1,728,843\n\n1,813,532\n\n2,173,687\n\n2,413,835\n\n374,622\n\n4,654,561\n\n6,401,054\n\n993,428\n\n\n\nCost of revenues\n(1,615,945\n)\n(1,697,029\n)\n(2,055,205\n)\n(2,325,423\n)\n(360,900\n)\n(4,390,148\n)\n(6,077,657\n)\n(943,238\n)\n\n\nGross profit \n112,898\n\n116,503\n\n118,482\n\n88,412\n\n13,722\n\n264,413\n\n323,397\n\n50,190\n\n\n\nOperating expenses:\n\n\n\n\n\n\n\n\n\n\nSelling and marketing expenses\n(96,802\n)\n(112,826\n)\n(96,058\n)\n(132,202\n)\n(20,517\n)\n(294,545\n)\n(341,086\n)\n(52,936\n)\n\n\nGeneral and administrative expenses\n(91,338\n)\n(91,177\n)\n(110,637\n)\n(156,573\n)\n(24,300\n)\n(337,736\n)\n(358,387\n)\n(55,621\n)\n\n\nResearch and development expenses\n(167,590\n)\n(264,636\n)\n(232,252\n)\n(268,721\n)\n(41,705\n)\n(594,068\n)\n(765,609\n)\n(118,821\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\nTotal operating expenses\n(355,730\n)\n(468,639\n)\n(438,947\n)\n(557,496\n)\n(86,522\n)\n(1,226,349\n)\n(1,465,082\n)\n(227,378\n)\n\n\nOperating loss\n(242,832\n)\n(352,136\n)\n(320,465\n)\n(469,084\n)\n(72,800\n)\n(961,936\n)\n(1,141,685\n)\n(177,188\n)\n\n\nInterest income\n24,414\n\n17,746\n\n18,927\n\n14,668\n\n2,276\n\n55,446\n\n51,341\n\n7,968\n\n\n\nInterest expense\n(3,940\n)\n(3,866\n)\n(6,689\n)\n(14,277\n)\n(2,216\n)\n(7,615\n)\n(24,832\n)\n(3,854\n)\n\n\nForeign exchange gain (loss)\n117,714\n\n(48,375\n)\n71,277\n\n(32,443\n)\n(5,035\n)\n74,687\n\n(9,541\n)\n(1,481\n)\n\n\nOther gain\n2,825\n\n5,782\n\n15,357\n\n-\n\n-\n\n3,023\n\n21,139\n\n3,281\n\n\n\nOther income (expense), net\n515\n\n1,926\n\n4,464\n\n(596\n)\n(92\n)\n(9,086\n)\n5,794\n\n899\n\n\n\nLoss before income taxes\n(101,304\n)\n(378,923\n)\n(217,129\n)\n(501,732\n)\n(77,867\n)\n(845,481\n)\n(1,097,784\n)\n(170,375\n)\n\n\nIncome tax expense\n(4,033\n)\n(3,286\n)\n(3,469\n)\n(5,004\n)\n(777\n)\n(11,559\n)\n(11,759\n)\n(1,825\n)\n\n\nNet loss\n(105,337\n)\n(382,209\n)\n(220,598\n)\n(506,736\n)\n(78,644\n)\n(857,040\n)\n(1,109,543\n)\n(172,200\n)\n\n\nLess: net income (loss) attributable to noncontrolling interests\n196\n\n255\n\n(244\n)\n1,232\n\n191\n\n7\n\n1,243\n\n193\n\n\n\nNet loss attributable to Kingsoft Cloud Holdings Limited\n(105,533\n)\n(382,464\n)\n(220,354\n)\n(507,968\n)\n(78,835\n)\n(857,047\n)\n(1,110,786\n)\n(172,393\n)\n\n\nAccretion to redemption value of redeemable convertible preferred shares\n-\n\n-\n\n-\n\n-\n\n-\n\n(19,768\n)\n-\n\n-\n\n\n\nNet loss attributable to ordinary shareholders\n(105,533\n)\n(382,464\n)\n(220,354\n)\n(507,968\n)\n(78,835\n)\n(876,815\n)\n(1,110,786\n)\n(172,393\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\nNet loss per share:\n\n\n\n\n\n\n\n\n\n\nBasic and diluted\n(0.03\n)\n(0.11\n)\n(0.07\n)\n(0.15\n)\n(0.02\n)\n(0.42\n)\n(0.33\n)\n(0.05\n)\n\n\nShares used in the net loss per share computation:\n\n\n\n\n\n\n\n\n\n\nBasic and diluted\n3,153,524,558\n\n3,343,336,997\n\n3,351,178,745\n\n3,437,397,527\n\n3,437,397,527\n\n2,098,997,211\n\n3,377,952,450\n\n3,377,952,450\n\n\n\nOther comprehensive (loss) income, net of tax of nil:\n\n\n\n\n\n\n\n\n\n\nForeign currency translation adjustments\n(277,166\n)\n70,773\n\n(132,888\n)\n41,673\n\n6,468\n\n(225,134\n)\n(20,442\n)\n(3,173\n)\n\n\nComprehensive loss\n(382,503\n)\n(311,436\n)\n(353,486\n)\n(465,063\n)\n(72,176\n)\n(1,082,174\n)\n(1,129,985\n)\n(175,373\n)\n\n\nLess: Comprehensive income (loss) attributable to noncontrolling interests\n196\n\n255\n\n(244\n)\n1,232\n\n191\n\n7\n\n1,243\n\n193\n\n\n\nComprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders\n(382,699\n)\n(311,691\n)\n(353,242\n)\n(466,295\n)\n(72,367\n)\n(1,082,181\n)\n(1,131,228\n)\n(175,566\n)\n\n\nAccretion to redemption value of redeemable convertible preferred shares\n-\n\n-\n\n-\n\n-\n\n-\n\n(19,768\n)\n-\n\n-\n\n\n\nComprehensive loss attributable to ordinary shareholders\n(382,699\n)\n(311,691\n)\n(353,242\n)\n(466,295\n)\n(72,367\n)\n(1,101,949\n)\n(1,131,228\n)\n(175,566\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nRMB\nRMB\nUS$\nRMB\nRMB\nUS$\n\n\nGross profit\n112,898\n116,503\n118,482\n88,412\n13,722\n264,413\n323,397\n50,190\n\n\nAdjustments:\n\n\n\n\n\n\n\n\n\n\n– Share-based compensation expenses\n1,858\n5,499\n2,961\n3,741\n581\n8,293\n12,201\n1,894\n\n\nAdjusted gross profit\n114,756\n122,002\n121,443\n92,153\n14,303\n272,706\n335,598\n52,084\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\n\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\n\n\nGross margin\n6.5%\n6.4%\n5.5%\n3.7%\n5.7%\n5.1%\n\n\nAdjusted gross margin\n6.6%\n6.7%\n5.6%\n3.8%\n5.9%\n5.2%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nRMB\nRMB\nUS$\nRMB\nRMB\nUS$\n\n\nNet Loss\n(105,337\n)\n(382,209\n)\n(220,598\n)\n(506,736\n)\n(78,644\n)\n(857,040\n)\n(1,109,543\n)\n(172,200\n)\n\n\nAdjustments:\n\n\n\n\n\n\n\n\n\n\n– Share-based compensation expenses\n57,339\n\n123,113\n\n76,092\n\n110,006\n\n17,073\n\n275,571\n\n309,211\n\n47,989\n\n\n\n– Foreign exchange (gain) loss\n(117,714\n)\n48,375\n\n(71,277\n)\n32,443\n\n5,035\n\n(74,687\n)\n9,541\n\n1,481\n\n\n\n– Other gain\n(2,825\n)\n(5,782\n)\n(15,357\n)\n-\n\n-\n\n(3,023\n)\n(21,139\n)\n(3,281\n)\n\n\n– Other (income) expense, net\n(515\n)\n(1,926\n)\n(4,464\n)\n596\n\n92\n\n9,086\n\n(5,794\n)\n(899\n)\n\n\nAdjusted net loss\n(169,052\n)\n(218,429\n)\n(235,604\n)\n(363,691\n)\n(56,444\n)\n(650,093\n)\n(817,724\n)\n(126,910\n)\n\n\nAdjustments:\n\n\n\n\n\n\n\n\n\n\n– Interest income\n(24,414\n)\n(17,746\n)\n(18,927\n)\n(14,668\n)\n(2,276\n)\n(55,446\n)\n(51,341\n)\n(7,968\n)\n\n\n– Interest expense\n3,940\n\n3,866\n\n6,689\n\n14,277\n\n2,216\n\n7,615\n\n24,832\n\n3,854\n\n\n\n– Income tax expense\n4,033\n\n3,286\n\n3,469\n\n5,004\n\n777\n\n11,559\n\n11,759\n\n1,825\n\n\n\n– Depreciation and amortization\n159,199\n\n180,466\n\n189,123\n\n218,450\n\n33,903\n\n584,788\n\n588,039\n\n91,262\n\n\n\nAdjusted EBITDA\n(26,294\n)\n(48,557\n)\n(55,250\n)\n(140,628\n)\n(21,824\n)\n(101,577\n)\n(244,435\n)\n(37,937\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\n\n\nNet loss margin\n(6.1%)\n(21.1%)\n(10.1%)\n(21.0%)\n(18.4%)\n(17.3%)\n\n\nAdjusted net loss margin\n(9.8%)\n(12.0%)\n(10.8%)\n(15.1%)\n(14.0%)\n(12.8%)\n\n\nAdjusted EBITDA margin\n(1.5%)\n(2.7%)\n(2.5%)\n(5.8%)\n(2.2%)\n(3.8%)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\nUNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS\n\n\n(All amounts in thousands)\n\n\n\nThree Months Ended\n\n\n\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nUS$\n\n\nNet cash (used in) generated from operating activities\n(103,510\n)\n13,926\n2,161\n\n\nNet cash (used in) generated from investing activities\n(1,037,103\n)\n99,442\n15,433\n\n\nNet cash generated from financing activities\n1,770,098\n\n526,164\n81,659\n\n\nEffect of exchange rate changes on cash, cash equivalents and restricted cash\n(73,469\n)\n616\n96\n\n\nNet increase in cash, cash equivalents and restricted cash\n629,485\n\n639,532\n99,253\n\n\nCash, cash equivalents and restricted cash at beginning of period\n3,310,487\n\n2,954,619\n458,550\n\n\nCash, cash equivalents and restricted cash at end of period\n3,866,503\n\n3,594,767\n557,899","news_type":1,"symbols_score_info":{"KC":0.9}},"isVote":1,"tweetType":1,"viewCount":2387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876003875,"gmtCreate":1637239985448,"gmtModify":1637239985448,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/876003875","repostId":"1183966718","repostType":4,"repost":{"id":"1183966718","kind":"news","pubTimestamp":1637238943,"share":"https://www.laohu8.com/m/news/1183966718?lang=&edition=full","pubTime":"2021-11-18 20:35","market":"us","language":"en","title":"4 Stocks Insiders Are Selling","url":"https://stock-news.laohu8.com/highlight/detail?id=1183966718","media":"Benzinga","summary":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view t","content":"<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>\n<p>Below is a look at a few recent notable insider sales.</p>\n<p><b>Marvell Technology</b></p>\n<ul>\n <li><b>The Trade:Marvell Technology, Inc.</b>&nbsp;President, Products and Tech Raghib Hussain&nbsp;<i>disposed a total of 324957 shares</i>&nbsp;at an average price of $72.51. The insider received $23,561,016.51 as a result of the transaction. The insider also bought a total of 124957 shares.</li>\n <li><b>What’s Happening:</b>Marvell Technology, recently commenced an offer to exchange certain of its outstanding unregistered notes for new registered notes.</li>\n <li><b>What Marvell Technology Does:</b>Marvell Technology is a leading fabless chipmaker focused on networking and storage applications. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical interconnections, application-specific integrated circuits (ASICs), and merchant silicon for ethernet applications.</li>\n</ul>\n<p><b>Alphabet</b></p>\n<ul>\n <li><b>The Trade:Alphabet Inc.</b>&nbsp;CEO Sundar Pichai&nbsp;<i>sold a total of 16500 shares</i>&nbsp;at an average price of $2,981.43. The insider received $8,944,299.26 from selling those shares. The insider also acquired a total of 13500 shares.</li>\n <li><b>What’s Happening:</b>NICE and Google Cloud announced collaboration to drive smarter digital conversations and improve self-service experiences.</li>\n <li><b>What Alphabet Does:</b>Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.</li>\n</ul>\n<p><b>TriNet Group</b></p>\n<ul>\n <li><b>The Trade:TriNet Group, Inc.</b>&nbsp;Principal Accounting Officer Chris Kondo&nbsp;<i>sold a total of 21491 shares</i>&nbsp;at an average price of $108.08. The insider received $1,242,000.35 as a result of the transaction. The insider also acquired a total of 2000 shares.</li>\n <li><b>What’s Happening:</b>Trinet Group, last month, announced better-than-expected Q3 EPS results.</li>\n <li><b>What TriNet Group Does:</b>Trinet Group Inc is a United States-based company that provides human resources solutions for small to medium-size companies.</li>\n</ul>\n<p><b>Snap</b></p>\n<ul>\n <li><b>The Trade:Snap Inc.</b>&nbsp;Chief Financial Officer Derek Andersen&nbsp;<i>sold a total of 12793 shares</i>&nbsp;at an average price of $54.31. The insider received $694,787.12 from selling those shares.</li>\n <li><b>What’s Happening:</b>Camo, last month, reported a partnership with Snap to accelerate augmented reality streams for games, meetings, presentations.</li>\n <li><b>What Snap Does:</b>Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Stocks Insiders Are Selling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Stocks Insiders Are Selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 20:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/11/24166153/4-stocks-insiders-are-selling><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/11/24166153/4-stocks-insiders-are-selling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TNET":"TriNet Group Inc","SNAP":"Snap Inc","MRVL":"迈威尔科技","GOOG":"谷歌"},"source_url":"https://www.benzinga.com/news/21/11/24166153/4-stocks-insiders-are-selling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183966718","content_text":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.\nBelow is a look at a few recent notable insider sales.\nMarvell Technology\n\nThe Trade:Marvell Technology, Inc. President, Products and Tech Raghib Hussain disposed a total of 324957 shares at an average price of $72.51. The insider received $23,561,016.51 as a result of the transaction. The insider also bought a total of 124957 shares.\nWhat’s Happening:Marvell Technology, recently commenced an offer to exchange certain of its outstanding unregistered notes for new registered notes.\nWhat Marvell Technology Does:Marvell Technology is a leading fabless chipmaker focused on networking and storage applications. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical interconnections, application-specific integrated circuits (ASICs), and merchant silicon for ethernet applications.\n\nAlphabet\n\nThe Trade:Alphabet Inc. CEO Sundar Pichai sold a total of 16500 shares at an average price of $2,981.43. The insider received $8,944,299.26 from selling those shares. The insider also acquired a total of 13500 shares.\nWhat’s Happening:NICE and Google Cloud announced collaboration to drive smarter digital conversations and improve self-service experiences.\nWhat Alphabet Does:Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.\n\nTriNet Group\n\nThe Trade:TriNet Group, Inc. Principal Accounting Officer Chris Kondo sold a total of 21491 shares at an average price of $108.08. The insider received $1,242,000.35 as a result of the transaction. The insider also acquired a total of 2000 shares.\nWhat’s Happening:Trinet Group, last month, announced better-than-expected Q3 EPS results.\nWhat TriNet Group Does:Trinet Group Inc is a United States-based company that provides human resources solutions for small to medium-size companies.\n\nSnap\n\nThe Trade:Snap Inc. Chief Financial Officer Derek Andersen sold a total of 12793 shares at an average price of $54.31. The insider received $694,787.12 from selling those shares.\nWhat’s Happening:Camo, last month, reported a partnership with Snap to accelerate augmented reality streams for games, meetings, presentations.\nWhat Snap Does:Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe.","news_type":1,"symbols_score_info":{"GOOG":0.9,"MRVL":0.9,"SNAP":0.9,"TNET":0.9}},"isVote":1,"tweetType":1,"viewCount":888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873024523,"gmtCreate":1636807679491,"gmtModify":1636807679491,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/873024523","repostId":"1151602326","repostType":4,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846775324,"gmtCreate":1636118660643,"gmtModify":1636119011405,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/846775324","repostId":"1136116425","repostType":4,"repost":{"id":"1136116425","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636104081,"share":"https://www.laohu8.com/m/news/1136116425?lang=&edition=full","pubTime":"2021-11-05 17:21","market":"us","language":"en","title":"U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1136116425","media":"Tiger Newspress","summary":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regu","content":"<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p>\n<p>At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p>\n<p><img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Trading Hours</b></p>\n<p>U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p>\n<p><b>pre-trade</b></p>\n<p>U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p>\n<p><b>post-trade</b></p>\n<p>U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p>\n<p>(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Daylight Saving Time Ends on Sunday, Nov.7 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-05 17:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p>\n<p>At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p>\n<p><img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Trading Hours</b></p>\n<p>U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p>\n<p><b>pre-trade</b></p>\n<p>U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p>\n<p><b>post-trade</b></p>\n<p>U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p>\n<p>(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136116425","content_text":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. \n\nTrading Hours\nU.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day\npre-trade\nU.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30\npost-trade\nU.S. Eastern Time:16：00~20：00;Beijing time/SGT:5:00 ~ 9:00\n(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":869572359,"gmtCreate":1632311506971,"gmtModify":1632801346355,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/869572359","repostId":"2169659162","repostType":4,"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":875091400,"gmtCreate":1637584556056,"gmtModify":1637584556174,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875091400","repostId":"2185787906","repostType":4,"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":827224815,"gmtCreate":1634483152079,"gmtModify":1634483152199,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/827224815","repostId":"1169383767","repostType":4,"repost":{"id":"1169383767","kind":"news","pubTimestamp":1634311170,"share":"https://www.laohu8.com/m/news/1169383767?lang=&edition=full","pubTime":"2021-10-15 23:19","market":"us","language":"en","title":"Plug Power's Lowered Guidance Lacking Detail, Analyst Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1169383767","media":"TheStreet","summary":"'Details were not provided,' Coker Palmer analyst Vaibhav Vaishnav writes. He has a price target of ","content":"<p>'Details were not provided,' Coker Palmer analyst Vaibhav Vaishnav writes. He has a price target of $13 for the stock, compared to its recent quote of $32.08.</p>\n<p>While Plug Power&nbsp;shares firmed Friday after the hydrogen technology company’s earnings guidance beat expectations, at least one analyst wanted something else: details.</p>\n<p>“Details were not provided,” Vaibhav Vaishnav of Coker Palmer Institutional wrote in a commentary. He sees tough sledding for Plug Power’s stock in the near term, with a price target of $13. He rates Plug Power a sector underperform.</p>\n<p>The stock recently traded at $32.13, up 1%.</p>\n<p>Among the details Vaishnav sees as missing: Specifics on the company's $3 billion revenue estimate as well as investments needed to achieve its stated targets.</p>\n<p>“The company spoke only about $1 billion in revenue from material handling and $700 million from hydrogen fuel,” Vaishnav said. “We assume the current four segments together total $1 billion, and $700 million is from third-party sales. PLUG also mentioned three gigawatt installed electrolyzers by 2025,\" the analyst wrote.</p>\n<p>What's more, Plug Power is targeting 500 Temperature Programmed Desorption (TPD) plants and 1,000 TPD plants by 2025/'28 respectively.</p>\n<p>\"Each 20 TPD plant costs $100 million, implying $2 billion/$4 billion capex beyond the initial 100 TPD targeted by the end of 2022,\" Viashnav wrote. \"PLUG intends to build a GW factory in Korea and a 2 GW factory in Australia. The HYVIA production facility could cost $200 million.</p>\n<p>Also lacking additional detail, according to Viashnav: the company's estimates on how much it can make on hydrogen sales.</p>\n<p>“The average purchase price for hydrogen from third parties, the amount of hydrogen lost in storage/transfer and the selling price to internal customers,\" Vaishnav said.</p>\n<p>\"The company estimates it can generate 30% gross margins at $6/kilogram, which makes sense to us. But we look for clarity on translation from the $6/kg selling price to an effective price realized of $4/Kg in 2019/’20/1H ‘21.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Plug Power's Lowered Guidance Lacking Detail, Analyst Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPlug Power's Lowered Guidance Lacking Detail, Analyst Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/coker-palmer-lack-of-detail-plug-power><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'Details were not provided,' Coker Palmer analyst Vaibhav Vaishnav writes. He has a price target of $13 for the stock, compared to its recent quote of $32.08.\nWhile Plug Power shares firmed Friday ...</p>\n\n<a href=\"https://www.thestreet.com/investing/coker-palmer-lack-of-detail-plug-power\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLUG":"普拉格能源"},"source_url":"https://www.thestreet.com/investing/coker-palmer-lack-of-detail-plug-power","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169383767","content_text":"'Details were not provided,' Coker Palmer analyst Vaibhav Vaishnav writes. He has a price target of $13 for the stock, compared to its recent quote of $32.08.\nWhile Plug Power shares firmed Friday after the hydrogen technology company’s earnings guidance beat expectations, at least one analyst wanted something else: details.\n“Details were not provided,” Vaibhav Vaishnav of Coker Palmer Institutional wrote in a commentary. He sees tough sledding for Plug Power’s stock in the near term, with a price target of $13. He rates Plug Power a sector underperform.\nThe stock recently traded at $32.13, up 1%.\nAmong the details Vaishnav sees as missing: Specifics on the company's $3 billion revenue estimate as well as investments needed to achieve its stated targets.\n“The company spoke only about $1 billion in revenue from material handling and $700 million from hydrogen fuel,” Vaishnav said. “We assume the current four segments together total $1 billion, and $700 million is from third-party sales. PLUG also mentioned three gigawatt installed electrolyzers by 2025,\" the analyst wrote.\nWhat's more, Plug Power is targeting 500 Temperature Programmed Desorption (TPD) plants and 1,000 TPD plants by 2025/'28 respectively.\n\"Each 20 TPD plant costs $100 million, implying $2 billion/$4 billion capex beyond the initial 100 TPD targeted by the end of 2022,\" Viashnav wrote. \"PLUG intends to build a GW factory in Korea and a 2 GW factory in Australia. The HYVIA production facility could cost $200 million.\nAlso lacking additional detail, according to Viashnav: the company's estimates on how much it can make on hydrogen sales.\n“The average purchase price for hydrogen from third parties, the amount of hydrogen lost in storage/transfer and the selling price to internal customers,\" Vaishnav said.\n\"The company estimates it can generate 30% gross margins at $6/kilogram, which makes sense to us. But we look for clarity on translation from the $6/kg selling price to an effective price realized of $4/Kg in 2019/’20/1H ‘21.”","news_type":1,"symbols_score_info":{"PLUG":0.9}},"isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":817895242,"gmtCreate":1630928262386,"gmtModify":1631892270398,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817895242","repostId":"2165841143","repostType":4,"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":696745131,"gmtCreate":1640781567276,"gmtModify":1640781567373,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/696745131","repostId":"2195145259","repostType":4,"isVote":1,"tweetType":1,"viewCount":3008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872957164,"gmtCreate":1637404482163,"gmtModify":1637404482163,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/872957164","repostId":"2184054847","repostType":4,"isVote":1,"tweetType":1,"viewCount":903,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840359361,"gmtCreate":1635594665651,"gmtModify":1635594665651,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/840359361","repostId":"1160516340","repostType":4,"repost":{"id":"1160516340","kind":"news","pubTimestamp":1635576015,"share":"https://www.laohu8.com/m/news/1160516340?lang=&edition=full","pubTime":"2021-10-30 14:40","market":"sh","language":"en","title":"5 Stocks For Halloween: Will They Be Tricks Or Treats?","url":"https://stock-news.laohu8.com/highlight/detail?id=1160516340","media":"Benzinga","summary":"Halloween will be celebrated on Sunday and could see significant changes from the 2020 event in the ","content":"<p>Halloween will be celebrated on Sunday and could see significant changes from the 2020 event&nbsp;in the middle of a COVID-19 pandemic that saw many cancel parties and plans to trick or treat.</p>\n<p>Here’s a look at what the data is pointing to for 2021 Halloween spending and five stocks to keep on the radar that could turn in strong quarters that include the holiday.</p>\n<p><b>Halloween Sales Expectations:</b>Consumers feel more comfortable resuming normal Halloween activities according to theNational Retail Federation.</p>\n<p>“This year, two-thirds (65%) of consumers plan to celebrate <a href=\"https://laohu8.com/S/AONE.U\">one</a> of America’s favorite holidays, up from 58% in 2020,” NRF said.</p>\n<p>The NRF sees consumers spending an average of $102.74 this year on Halloween, which would be the first time the figure has hit triple digits. Estimates last year were for spending of $92.12 by each consumer.</p>\n<p>Research points to candy and costumes as big winners by the return of Halloween activities along with decorations. Spending on decorations is expected to hit $3.3 billion, an all-time high.</p>\n<p>Is <a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>'s Stock Overvalued OrUndervalued?</p>\n<p>Halloween 2021 will also see a higher number of people without kids celebrating than in 2020. Estimates call for 55% of homes without children to celebrate, compared to 49% in 2020. The figure falls in line with pre-pandemic levels of anticipated adult costume spending.</p>\n<p><b><a href=\"https://laohu8.com/S/TR\">Tootsie Roll</a>:</b>Candy company<b><a href=\"https://laohu8.com/S/TR\">Tootsie Roll</a> Industries Inc</b></p>\n<p>TR-0.47%is a popular option for anyone handing out candy to trick or treaters. If you’ve ever gone trick or treating, chances are you got a ton of tootsie rolls, given their lower cost for anyone buying for a large number of visitors.</p>\n<p>The companyreportedthird-quarter sales of $183.1 million, up 17% year-over-year. The company saw a dip in fourth-quarter revenue last year compared to the prior year. Look for Tootsie Roll to see a rebound in the fourth quarter.</p>\n<p><b><a href=\"https://laohu8.com/S/HSY\">Hershey</a>:The <a href=\"https://laohu8.com/S/HSY\">Hershey</a> Co</b></p>\n<p>HSY-2.28%has diversified its products to include several snack brands, but candy remains the big revenue driver. The company owns many of the popular brands that will be sought out by trick or treaters. Hershey’sthird-quarterrevenue of $2.4 billion was the highest it has seen in years on a quarterly basis.</p>\n<p>“Consumer demand for our brands has remained robust,” Hershey Company CEO<b>Michele Buck</b>said. The company raised full-year sales guidance and a strong Halloween could help meet or exceed the updated expectations.</p>\n<p><b><a href=\"https://laohu8.com/S/JAKK\">Jakks Pacific</a>:</b>Toy company<b><a href=\"https://laohu8.com/S/JAKK\">Jakks Pacific</a> Inc</b></p>\n<p>JAKK-4.38%finds itself on the Halloween list thanks to its ownership of Disguise, the world’s leading costume design and manufacturing company. With more adults dressing up and a return of trick or treat activities, the company could be in for a strong quarter.</p>\n<p>The company’sthird-quarterrevenue was $237&nbsp;million, which included $64&nbsp;million in revenue for the costumes segment. Costume sales were up 16.4% year-over-year and the fourth quarter could continue that trend. Jakks Pacific had revenue of $128.3 million in the fourth quarter last year, a decline from the prior year. Last year’s fourth quarter featured a 91% year-over-year increase in costumes segment revenue. The third and fourth quarters are the company’s two biggest quarters for revenue.</p>\n<p><b>Party <a href=\"https://laohu8.com/S/CHCO\">City</a>:</b>Retailer<b>$Party <a href=\"https://laohu8.com/S/CHCO\">City</a> Holdco(PRTY)$ Inc</b></p>\n<p>PRTY+2.97%could be a popular destination for Halloween costumes and decorations. The company ended thesecond quarterwith 749 locations and is also a provider of third-party products to other retailers.</p>\n<p>Second-quarter revenue was up 110% year-over-year for the company.</p>\n<p>“We saw sequential acceleration of the business as the economy opened up and restrictions subsided, driving increased consumer ability to celebrate,” Party City CEO<b>Brad Weston</b>said. The company will report third-quarter earnings on Nov. 9, which could provide a better look at how the Halloween shopping looked.</p>\n<p><b><a href=\"https://laohu8.com/S/AMCX\">AMC Networks</a>:</b>Media company<b><a href=\"https://laohu8.com/S/AMCX\">AMC Networks</a></b></p>\n<p>AMCX-2.04%finds itself on the Halloween stock list thanks to its ownership of “The Walking Dead” franchise, horror film programming and as owner of horror focused streaming platform Shudder. AMC isairing“FearFest” from Oct. 1 through Oct. 31 on its namesake AMC and AMC+ channels, which could turn into a subscriber boosting event.</p>\n<p>“The Walking Dead” returned to the network with its final season beginning Oct. 10, which could be another October event to watch. Shudder, which is the largest horror focused streaming platform, is available for $4.75 a month on major streaming platforms. The platformhitone million subscribers in 2020. Pizza Hut, a<b><a href=\"https://laohu8.com/S/YUM\">Yum</a> Brands Inc</b></p>\n<p>YUM-0.75%company,partneredwith Shudder to offer a promotion for 30 days free.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stocks For Halloween: Will They Be Tricks Or Treats?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks For Halloween: Will They Be Tricks Or Treats?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-30 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/small-cap/21/10/23762347/5-stocks-for-halloween-will-they-be-tricks-or-treats><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Halloween will be celebrated on Sunday and could see significant changes from the 2020 event in the middle of a COVID-19 pandemic that saw many cancel parties and plans to trick or treat.\nHere’s a ...</p>\n\n<a href=\"https://www.benzinga.com/news/small-cap/21/10/23762347/5-stocks-for-halloween-will-they-be-tricks-or-treats\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JAKK":"杰克仕太平洋","TR":"Tootsie Roll Industries Inc","HSY":"好时","AMCX":"AMC网络公司","CHCO":"City Holding Company"},"source_url":"https://www.benzinga.com/news/small-cap/21/10/23762347/5-stocks-for-halloween-will-they-be-tricks-or-treats","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160516340","content_text":"Halloween will be celebrated on Sunday and could see significant changes from the 2020 event in the middle of a COVID-19 pandemic that saw many cancel parties and plans to trick or treat.\nHere’s a look at what the data is pointing to for 2021 Halloween spending and five stocks to keep on the radar that could turn in strong quarters that include the holiday.\nHalloween Sales Expectations:Consumers feel more comfortable resuming normal Halloween activities according to theNational Retail Federation.\n“This year, two-thirds (65%) of consumers plan to celebrate one of America’s favorite holidays, up from 58% in 2020,” NRF said.\nThe NRF sees consumers spending an average of $102.74 this year on Halloween, which would be the first time the figure has hit triple digits. Estimates last year were for spending of $92.12 by each consumer.\nResearch points to candy and costumes as big winners by the return of Halloween activities along with decorations. Spending on decorations is expected to hit $3.3 billion, an all-time high.\nIs Coca-Cola's Stock Overvalued OrUndervalued?\nHalloween 2021 will also see a higher number of people without kids celebrating than in 2020. Estimates call for 55% of homes without children to celebrate, compared to 49% in 2020. The figure falls in line with pre-pandemic levels of anticipated adult costume spending.\nTootsie Roll:Candy companyTootsie Roll Industries Inc\nTR-0.47%is a popular option for anyone handing out candy to trick or treaters. If you’ve ever gone trick or treating, chances are you got a ton of tootsie rolls, given their lower cost for anyone buying for a large number of visitors.\nThe companyreportedthird-quarter sales of $183.1 million, up 17% year-over-year. The company saw a dip in fourth-quarter revenue last year compared to the prior year. Look for Tootsie Roll to see a rebound in the fourth quarter.\nHershey:The Hershey Co\nHSY-2.28%has diversified its products to include several snack brands, but candy remains the big revenue driver. The company owns many of the popular brands that will be sought out by trick or treaters. Hershey’sthird-quarterrevenue of $2.4 billion was the highest it has seen in years on a quarterly basis.\n“Consumer demand for our brands has remained robust,” Hershey Company CEOMichele Bucksaid. The company raised full-year sales guidance and a strong Halloween could help meet or exceed the updated expectations.\nJakks Pacific:Toy companyJakks Pacific Inc\nJAKK-4.38%finds itself on the Halloween list thanks to its ownership of Disguise, the world’s leading costume design and manufacturing company. With more adults dressing up and a return of trick or treat activities, the company could be in for a strong quarter.\nThe company’sthird-quarterrevenue was $237 million, which included $64 million in revenue for the costumes segment. Costume sales were up 16.4% year-over-year and the fourth quarter could continue that trend. Jakks Pacific had revenue of $128.3 million in the fourth quarter last year, a decline from the prior year. Last year’s fourth quarter featured a 91% year-over-year increase in costumes segment revenue. The third and fourth quarters are the company’s two biggest quarters for revenue.\nParty City:Retailer$Party City Holdco(PRTY)$ Inc\nPRTY+2.97%could be a popular destination for Halloween costumes and decorations. The company ended thesecond quarterwith 749 locations and is also a provider of third-party products to other retailers.\nSecond-quarter revenue was up 110% year-over-year for the company.\n“We saw sequential acceleration of the business as the economy opened up and restrictions subsided, driving increased consumer ability to celebrate,” Party City CEOBrad Westonsaid. The company will report third-quarter earnings on Nov. 9, which could provide a better look at how the Halloween shopping looked.\nAMC Networks:Media companyAMC Networks\nAMCX-2.04%finds itself on the Halloween stock list thanks to its ownership of “The Walking Dead” franchise, horror film programming and as owner of horror focused streaming platform Shudder. AMC isairing“FearFest” from Oct. 1 through Oct. 31 on its namesake AMC and AMC+ channels, which could turn into a subscriber boosting event.\n“The Walking Dead” returned to the network with its final season beginning Oct. 10, which could be another October event to watch. Shudder, which is the largest horror focused streaming platform, is available for $4.75 a month on major streaming platforms. The platformhitone million subscribers in 2020. Pizza Hut, aYum Brands Inc\nYUM-0.75%company,partneredwith Shudder to offer a promotion for 30 days free.","news_type":1,"symbols_score_info":{"AMCX":0.9,"CHCO":0.9,"HSY":0.9,"JAKK":0.9,"TR":0.9}},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852166928,"gmtCreate":1635253903400,"gmtModify":1635253903526,"author":{"id":"3584817540991212","authorId":"3584817540991212","name":"FALCON","avatar":"https://static.tigerbbs.com/c0d98873fea539ae720f8695900f4238","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584817540991212","authorIdStr":"3584817540991212"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852166928","repostId":"2178721405","repostType":4,"isVote":1,"tweetType":1,"viewCount":721,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}