Kingsoft Cloud Holdings' Affiliate to Sell, Lease Back Assets for 500 Million Yuan

MT Newswires Live

2025/01/07

Kingsoft Cloud Holdings' (HKG:3896) affiliated entity Kingsoft Cloud (Qingyang) Data Information Technology agreed to sell to and lease back certain servers from Yangtze United Financial Leasing for a finance lease principal of 500 million yuan, a Monday bourse filing said.

The lease is for three years with an annual interest rate of 3.88%.

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