Les bénéfices nets de Kingsoft Office ont augmenté de 11,63% l'année dernière, 9 des 10 principaux actionnaires ont réduit leurs positions

China Economic Net Beijing, March 26 — Kingsoft Office (688111.SH) disclosed its 2025 annual report last night, showing that the company achieved operating revenue of 5.929 billion yuan last year, a year-on-year increase of 15.78%; net profit attributable to shareholders of the listed company was 1.836 billion yuan, up 11.63%; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 1.803 billion yuan, up 15.82%; net cash flow from operating activities was 2.502 billion yuan, an increase of 13.93%.

The company’s 2025 profit distribution plan (draft) is: based on the total share capital registered on the equity registration date minus shares in the company’s repurchase dedicated securities account, it is proposed to distribute a cash dividend of 12.5228 yuan (tax included) per 10 shares to all shareholders. Based on this, the total proposed cash dividend is 580,017,310.38 yuan (tax included). This draft still needs to be submitted for shareholder approval, and the actual distribution amount will be subject to the company’s announced implementation of the equity distribution.

At the beginning of the reporting period, the company’s total assets were 15.913 billion yuan, total liabilities were 4.476 billion yuan, and the asset-liability ratio was 28.13%. At the end of the reporting period, total assets were 18.156 billion yuan, total liabilities were 5.302 billion yuan, and the asset-liability ratio was 29.2%.

According to Kingsoft Office’s 2025 annual report, nine of the top ten shareholders reduced their holdings during the year. The decreases in holdings for shareholders ranked 2nd to 10th during the reporting period were 4,031,006 shares, 5,675,619 shares, 6,071,970 shares, 1,234,327 shares, 108,643 shares, 245,179 shares, 1,107,649 shares, 492,577 shares, and 29,107 shares respectively.

On the evening of April 2, 2025, Kingsoft Office disclosed the results report of shareholder inquiry transfer and a notice of change in equity interests exceeding 1% for shareholders holding more than 5%. The transfer price was 267.50 yuan per share, with 7,761,767 shares transferred. The date of the equity change was April 3, 2025. Based on this, the transfer amount was approximately 2.076 billion yuan.

The transferor, Qiwen N-V (excluding Qiwen Wuwei), is jointly held by Beijing Kingsoft Qiwen Enterprise Management Consulting Co., Ltd., and the general partners of Qiwen Wuwei are Beijing Qiwen Yiwei Investment Co., Ltd. and Beijing Kingsoft Qiwen Enterprise Management Consulting Co., Ltd. According to the detailed equity change report published by Kingsoft Office on September 3, 2022, Qiwen N-V and Kingsoft Office’s controlling shareholder, Kingsoft Office Application Software Co., Ltd., are in a concerted action relationship. Qiwen N-V’s total shareholding ratio exceeds 5%, and some directors, supervisors, and senior management of Kingsoft Office hold shares indirectly through Qiwen N-V.

On November 18, 2019, Kingsoft Office was listed on the STAR Market, with an issue price of 45.86 yuan per share, issuing 101 million shares, accounting for 21.91% of the total share capital after issuance. The total funds raised were 4.63186 billion yuan; the actual net fundraising amount was 2.40927 billion yuan more than initially planned. The prospectus disclosed on November 13, 2019, indicated the original fundraising target was 2.0501253 billion yuan, intended for R&D upgrades of WPS Office, the construction of AI basic R&D centers in the office field, internet cloud services for office products, and internationalization of office software.

The total issuance cost (excluding tax) was 172.4573 million yuan, including sponsorship and underwriting fees of 150.3186 million yuan.

Kingsoft Office’s sponsor (lead underwriter) is China International Capital Corporation, with Xu Shiyan and Shi Yijie as sponsoring representatives.

China CICC Wealth Securities Co., Ltd. (a subsidiary participating in the co-investment and legally established) was allocated 2,180,549 shares, accounting for 2.16% of the initial public offering, with an allocation amount of 99,999,977.14 yuan. The restricted sale period for these shares is 24 months from the date they are listed on the Shanghai Stock Exchange.

(Edited by: Zhang Xiaobo)