Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Kingsoft Corporation Limited

金 山 軟 件 有 限 公 司

(Continued into the Cayman Islands with limited liability)

(Stock Code: 03888)

(Convertible Bonds Code: 40210)

INSIDE INFORMATION:

KEY FINANCIAL INFORMATION AND INDICATORS OF

BEIJING KINGSOFT OFFICE SOFTWARE, INC. FOR THE SIX MONTHS ENDED 30 JUNE 2020

This announcement is made by Kingsoft Corporation Limited (the "Company") pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

The board of directors (the "Board") of the Company is pleased to announce that Beijing Kingsoft Office Software, Inc. ( 北京金山辦公軟件股份有限公司 ) ("Kingsoft Office"), a subsidiary of the

Company whose shares are listed on the SSE STAR Market (stock code: 688111), published its 2020 interim report (the "Report") on 18 August 2020.

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The Board would like to draw the attention of the shareholders and investors of the Company to the following key financial information and indicators of Kingsoft Office for the six months ended 30 June 2020, as extracted from the Report:

I. KEY ACCOUNTING DATA

Unit: thousand

Currency: RMB

Changes

in current

reporting

period as

compared to the

For the current

For the

corresponding

reporting period

corresponding

period last year

Key accounting data

(January to June)

period last year

(%)

Revenue

915,769

685,262

33.64

Net profit attributable to

shareholders of the

listed company

357,402

146,896

143.30

Net profit attributable to

  • shareholders of the
  • listed company after deducting

non-recurring profit and loss

265,731

118,661

123.94

Net cash flow generated from

operating activities

451,921

137,818

227.91

Changes as at

the end of

current reporting

period as

As at the end

compared to the

of current

As at the end

end of last year

reporting period

of last year

(%)

Net assets attributable to

shareholders of the

listed company

6,293,707

6,068,580

3.71

Total assets

7,239,383

6,843,993

5.78

Note: The above financial data is presented in RMB and all values are rounded to the nearest thousand, and any discrepancies in percentage ratios are due to rounding.

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II. KEY FINANCIAL INDICATORS

Changes in

current reporting

period as

compared to the

For the current

For the

corresponding

reporting period

corresponding

period last year

Key financial indicators

(January to June)

period last year

(%)

Basic earnings per share

(RMB/share)

0.78

0.41

90.24

Diluted earnings per share

(RMB/share)

0.78

0.41

90.24

Basic earnings per share after

  deducting non-recurring

  profit and loss (RMB/share)

0.58

0.33

75.76

Weighted average returns on

net assets (%)

5.74

11.57

-5.83

Weighted average returns on

  net assets after deducting

non-recurring profit and loss (%)

4.27

9.00

-4.73

Proportion of research and

development expenses

to revenue (%)

33.47

40.77

-7.30

Note: The full text of the Report is published on the information disclosure page of the website of Shanghai Stock Exchange (http://star.sse.com.cn/disclosure/listannouncement/).

Shareholders and investors are reminded that the financial information above was prepared in accordance with the PRC accounting standards and is limited to the operation of Kingsoft Office and its subsidiaries ("Kingsoft Office Group") and is unrelated to the other subsidiaries of the Company (together with its subsidiaries, collectively the "Group"). Such information is unaudited, and (a) does not exclude transactions between Kingsoft Office Group and other subsidiaries of the Company, (b) does not include all the businesses of the Group, and (c) does not represent or provide a comprehensive reflection of the operation or conditions of the Group. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board

Kingsoft Corporation Limited

Jun LEI

Chairman

Hong Kong, 18 August 2020

As at the date of this announcement, the Executive Directors are Messrs. Tao ZOU and Yuk Keung NG; the Non- executive Directors are Messrs. Jun LEI, Pak Kwan KAU and Chi Ping LAU; the Independent Non-executive Directors are Messrs. Shun Tak WONG, David Yuen Kwan TANG and Ms. Wenjie WU.

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Kingsoft Corporation Limited published this content on 18 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2020 11:55:08 UTC