SEC Form SC 13G/A filed by Kingsoft Cloud Holdings Limited (Amendment)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
Kingsoft Cloud Holdings Limited
(Name of Issuer)
Ordinary shares, par value of US$0.001 per share
(Title of Class of Securities)
49639K101**
(CUSIP Number)
December 31, 2023
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
| ** | CUSIP number 49639K101 has been assigned to the American depositary shares (“ADSs”) of Kingsoft Cloud Holdings Limited (the “Issuer”), which are quoted on the Nasdaq Global Select Market under the symbol “KC.” Each ADS represents 15 ordinary shares of the Issuer. No CUSIP number has been assigned to the ordinary shares of the Issuer. |
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| 1 |
Name of Reporting Person
Xiaomi Corporation | |||||
| 2 | Check the Appropriate Box if a Member of a Group
(a) ☐ (b) ☐ | |||||
| 3 | SEC Use Only
| |||||
| 4 | Citizenship or Place of Organization
Cayman Islands | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
466,161,005 ordinary shares(1) | ||||
| 6 | Shared Voting Power
0 | |||||
| 7 | Sole Dispositive Power
466,161,000 ordinary shares | |||||
| 8 | Shared Dispositive Power
0 | |||||
| 9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
466,161,000 ordinary shares | |||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
| 11 | Percent of Class Represented by Amount in Row 9
12.25%(2) | |||||
| 12 | Type of Reporting Person
CO | |||||
| (1) | Represents (i) 414,376,000 ordinary shares, in the form of ADSs, directly held by Xiaomi Corporation; and (ii) 51,785,000 ordinary shares, including 35,325,000 ordinary shares in the form of ADSs, directly held by Green Better Limited, an investment company incorporated in the British Virgin Islands. Green Better Limited is wholly owned by Fast Pace Limited, a British Virgin Islands company wholly owned by Xiaomi Corporation. |
| (2) | The percentage of the class of securities beneficially owned by each reporting person is based on a total of 3,805,284,801 issued and outstanding ordinary shares of the Issuer as of December 31, 2023. |
2
| 1 |
Name of Reporting Person
Fast Pace Limited | |||||
| 2 | Check the Appropriate Box if a Member of a Group
(a) ☐ (b) ☐ | |||||
| 3 | SEC Use Only
| |||||
| 4 | Citizenship or Place of Organization
British Virgin Islands | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
51,785,000 ordinary shares(1) | ||||
| 6 | Shared Voting Power
0 | |||||
| 7 | Sole Dispositive Power
51,785,000 ordinary shares(1) | |||||
| 8 | Shared Dispositive Power
0 | |||||
| 9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
51,785,000 ordinary shares(1) | |||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
| 11 | Percent of Class Represented by Amount in Row 9
1.36%(2) | |||||
| 12 | Type of Reporting Person
CO | |||||
| (1) | Represents 51,785,000 ordinary shares, including 35,325,000 ordinary shares in the form of ADSs, directly held by Green Better Limited, an investment company incorporated in the British Virgin Islands. Green Better Limited is wholly owned by Fast Pace Limited, a British Virgin Islands company wholly owned by Xiaomi Corporation. |
| (2) | The percentage of the class of securities beneficially owned by each reporting person is based on a total of 3,805,284,801 issued and outstanding ordinary shares of the Issuer as of December 31, 2023. |
3
| 1 |
Name of Reporting Person
Green Better Limited | |||||
| 2 | Check the Appropriate Box if a Member of a Group
(a) ☐ (b) ☐ | |||||
| 3 | SEC Use Only
| |||||
| 4 | Citizenship or Place of Organization
British Virgin Islands | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
51,785,000 ordinary shares(1) | ||||
| 6 | Shared Voting Power
0 | |||||
| 7 | Sole Dispositive Power
51,785,000 ordinary shares(1) | |||||
| 8 | Shared Dispositive Power
0 | |||||
| 9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
51,785,000 ordinary shares(1) | |||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
| 11 | Percent of Class Represented by Amount in Row 9
1.36%(2) | |||||
| 12 | Type of Reporting Person
CO | |||||
| (1) | Represents 51,785,000 ordinary shares, including 35,325,000 ordinary shares in the form of ADSs, directly held by Green Better Limited, an investment company incorporated in the British Virgin Islands. Green Better Limited is wholly owned by Fast Pace Limited, a British Virgin Islands company wholly owned by Xiaomi Corporation. |
| (2) | The percentage of the class of securities beneficially owned by each reporting person is based on a total of 3,805,284,801 issued and outstanding ordinary shares of the Issuer as of December 31, 2023. |
4
Item 1(a). Name of Issuer:
Kingsoft Cloud Holdings Limited
Item 1(b). Address of Issuer’s Principal Executive Offices:
Building E, Xiaomi Science and Technology Park
No. 33 Xierqi Middle Road, Haidian District
Beijing, 100085, the People’s Republic of China
Item 2(a). Name of Person Filing:
| (i) | Xiaomi Corporation; |
| (ii) | Fast Pace Limited; and |
| (iii) | Green Better Limited (collectively, the “Reporting Persons”) |
Item 2(b). Address of Principal Business Office or, if none, Residence:
| (i) | Xiaomi Corporation |
c/o Maples Corporate Services Limited, P.O. Box 309, Ugland House
Grand Cayman, KY1-1104, Cayman Islands
| (ii) | Fast Pace Limited |
c/o Start Chambers, Wickham’s Cay II, P. O. Box 2221, Road Town
Tortola, British Virgin Island
| (iii) | Green Better Limited |
c/o Vistra Corporate Services Centre
Wickhams Cay II, Road Town
Tortola, VG1110, British Virgin Islands
Item 2(c) Citizenship:
| (i) | Xiaomi Corporation – Cayman Islands |
| (ii) | Fast Pace Limited – British Virgin Islands |
| (iii) |