Kingsoft Cloud Holdings Ltd (HK:3896) has released an update.
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Kingsoft Cloud Holdings Ltd has entered into a finance lease agreement with CITIC Financial Leasing to boost its AI infrastructure investments. The deal involves a sale and leaseback of servers worth RMB250 million over three years, with an initial annual interest rate of 4.35%. This move is expected to enhance Kingsoft Cloud’s liquidity and optimize its capital structure.
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