Kingsoft Corp Ltd Adr

Good day and thank you for standing by. Welcome to Kingsoft Cloud's third quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 and 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1 and 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Nicole Shan, IR Director of Kingsoft Cloud. Please go ahead.

Thank you, operator. Hello, everyone, and thank you for joining us today. Kingstop Cloud's third quarter 2025 earnings release was distributed earlier today and is available on our IR website at ir.ksyun.com, as well as on the TI News website. On the call today from Kingstop Cloud, we have our Vice Chairman and CEO, Mr. Zhou Tao, and CFO, Ms. Li Yi. Mr. Zhou will review our business strategies, operations, and other company highlights. followed by Ms. Li, who will discuss the financial performance. They will be available to answer your question during the Q&A session that follows. There will be constructive interpretation. Our interpretations are for your convenience and reference purpose only. In case of any discrepancy, management statement in the original language will prevail. Before we begin, I'd like to remind you that this conference call contains forward-looking statements. within the meaning of Section 21E of the Security Exchange Act of 1934 as amended and as defined in the U.S. Private Security Litigation Reform Act of 1995. These forward-looking statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties, and other factors. of which are difficult to predict and many of which are beyond the company's control, which may cause the company's actual results, performance, or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks and certainties or factors are included in the company's filings with the US SEC. The company does not undertake any obligation to update any forward-looking statement as a result of new information, future events, or otherwise. except as required under applicable law. Finally, please note that, unless otherwise stated, all financial figures mentioned during this conference call are denominated in RMB. It's now my pleasure to introduce our Vice Chairman and CEO, Mr. Zou.

Please go ahead, Zou Zou. Hello, everyone. Welcome to the third round of the Group E-Learning Conference in 2025. I am Zou Tao, CEO of Jinan Yun. In the era of artificial intelligence entering thousands of pages and repeating the technical framework, Jingyan Yun has a firm strategic positioning and a clear direction of development. On the basis of stable satisfaction of the training needs of self-calibration, we are good at reasoning the technology and resource reserves that need to be exploded. Faced with the double trend of fast reception of models and the application of self-calibration, we have provided customers with stable and efficient integrated self-calibration services. and layout model API 5 will create a new growth engine based on the reasoning scene. Continuous income, high growth, and stable profitability level have proven the steady implementation of our strategic goals. Achieve high-quality and sustainable positive development. First of all, our three-week income reached 24.8 billion yuan. The same growth rate was increased from 24% in the previous quarter to 31% again. The public cloud and industry cloud have achieved the same rate of growth. Among them, the public cloud also increased by 49%, with a revenue of 17.5 billion yuan. Secondly, the self-proclaimed cloud business continues to develop rapidly. This quarter, the self-proclaimed cloud has a net income of up to 7.8 billion yuan, with a net growth of nearly 120%. which accounts for 45% of the total revenue of the public cloud. Compared to 31% in the same period last year, there has been a significant improvement. Calculation and cloud services co-exist, and are deeply integrated from technology, products to customer sales. Calculation needs not only drive the rapid development of the cloud, but also drive the growth of basic public cloud needs and the innovation of technology. drive the acceleration of cloud computing technology. From the self-calculation training group to the self-calculation original solution program, our computing service, model API service, storage service, and data service have been upgraded. Third, Xiaomi Jinshan Ecology is based in Laobu. This quarter, the revenue from Xiaomi Jinshan Ecology reaches 6.7 billion yuan, which is 84% of the total growth. The total revenue ratio is further increased to 28% In September 2025, the total revenue from Xiaomi Jinshan Ecology will be 18.2 billion yuan We expect to fully complete the business cooperation under the concept transaction this year and be fully confident in the further improvement of next year's turnover Finally This quarter, the company's net profit has been adjusted to 3.9 billion yuan, which is a 28% increase. The net profit has been adjusted to 1,536,000 yuan. The net profit has been adjusted to 0.6%. The net profit has been adjusted to 2873,000 yuan, which is the first time in history. Hello, everyone.