
Kingsoft Cloud Updates Nomination Committee Charter to Strengthen Board Governance

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Kingsoft Cloud Holdings Ltd has updated its Nomination Committee Charter to enhance board governance. The amendment focuses on evaluating and recommending board candidates to align with corporate strategy, aiming for a diverse and independent board to ensure effective governance and strategic oversight. This move is expected to improve market positioning and stakeholder confidence. The latest analyst rating for Kingsoft Cloud stock is a Hold with a HK$7.50 price target.
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