Kingsoft Cloud Holdings Ltd files 20-F

Kingsoft Cloud Holdings Limited reported a net loss of RMB943.7 million (US$134.9 million) for the fiscal year ended December 31, 2025, a 52.3% decrease from the RMB1,979.0 million net loss in 2024, primarily driven by strong demand from AI business and an increase in enterprise cloud projects. The company's management concluded that its internal control over financial reporting was effective as of December 31, 2025.