Kingsoft Cloud Announces Board Reshuffle: Lei Jun to Resign, Zou Tao Elevated to Chairman, Qu Heng Added as Non-Executive Director

Bulletin Express03-25

Kingsoft Cloud Holdings Limited disclosed a comprehensive board transition effective 25 March 2026.

Lei Jun will resign as non-executive director after serving since the company’s 2012 inception and as board chairman since 2015. His departure also ends his roles as chairman of the nomination committee and member of the compensation committee. Lei Jun confirmed no disputes with the board and no outstanding claims against the company. Management states the change will not materially affect the Group’s operations or financial position.

Vice chairman Zou Tao, currently acting CEO and a director since December 2016, will assume the positions of board chairman and chairman of the nomination committee on the same date. Zou, aged 50, has been with the wider Kingsoft Group since 1998 and holds a degree from Nankai University.

The board also appointed Qu Heng as non-executive director, as well as member of both the nomination and compensation committees, effective 25 March 2026. Qu, aged 44, is vice president and chairman of the group technology committee at Xiaomi Corporation. His initial term runs for three years or until the third annual general meeting, with either party able to terminate with 30 days’ written notice. Qu will receive no director’s fee during his tenure.

Following these changes, the board comprises: • Chairman and Executive Director: Zou Tao • Non-Executive Directors: Qu Heng, Zhang Duo • Independent Non-Executive Directors: Yu Mingto, Wang Hang, Qu Jingyuan

The company extends gratitude to Lei Jun for his strategic contributions over more than a decade and formally welcomes both Zou Tao to his expanded role and Qu Heng to the board.

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