China Economic Net, Beijing, March 31 - Jinshan Office (688111. SH) closed at 299.12 yuan today, down 1.54%.

On the 29th, Kingsoft Office issued a shareholder inquiry transfer plan. The shareholders who intend to participate in the pre-IPO shareholder inquiry transfer (hereinafter referred to as the "inquiry transfer") of Kingsoft Office are Qiwen Nwei; The total number of shares to be transferred by the transferor is 7,761,767 shares, accounting for 1.68% of the company's total share capital and 22.16% of the number of shares held by the transferor. The reason for the transfer is its own financial needs.

The transferor entrusted China International Capital Corporation Limited (hereinafter referred to as "CICC") to organize and implement the inquiry transfer. As of March 28, 2025, the number of pre-IPO shares held by the transferor and the proportion of the company's total share capital are as follows

The transfer of this inquiry is a non-public transfer and will not be carried out through centralized bidding. The transferee shall not transfer the transferred shares within 6 months after the transfer by the transferee through the inquiry.

Lei Jun, the actual controller of the company, and Kingsoft WPS Corporation Limited, the controlling shareholder, do not participate in the transfer of this inquiry.

The general partners of the transferor of this inquiry transfer, Qiwen N-Wei (except Qiwen Wuwei), are 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 Report on Changes in Equity of Beijing Kingsoft Office Software Co., Ltd." announced by Kingsoft Office on September 3, 2022, Qiwen N-Wei and Kingsoft WPS, the controlling shareholder of Kingsoft Office Corporation Limited constitutes a concerted action relationship, with the total shareholding ratio of Qiwen N-Wei being higher than 5%, and some directors, supervisors and senior management of Kingsoft Office indirectly hold the company's shares through Qiwen N-Wei. The shares indirectly held by Lei Jun, the actual controller of the company, through the transferor, do not participate in the transfer of this inquiry.

The Transferor and CICC have negotiated and determined the lower price limit of the Inquiry Transfer, which shall not be less than 70% of the average trading price of Kingsoft Office shares in the 20 trading days prior to the date of sending the subscription invitation (i.e., March 28, 2025, inclusive). After the quotation of this inquiry subscription is completed, CICC will conduct cumulative statistics on the valid subscriptions, and determine the transfer price in accordance with the principle of "priority of subscription price, priority of subscription quantity, and priority of time of receipt of subscription quotation".

According to the 2024 annual report of Kingsoft Office, during the reporting period, the company achieved operating income of 5120.84 million yuan, a year-on-year increase of 12.40%; net profit attributable to owners of the parent company was 1,645.08 million yuan, a year-on-year increase of 24.84%; net profit attributable to owners of the parent company after deducting non-recurring gains and losses was 1,556.34 million yuan, a year-on-year increase of 23.30%; The net cash flow from operating activities was 2195.574 million yuan, a year-on-year increase of 6.71%.

On November 18, 2019, Kingsoft Office was listed on the Science and Technology Innovation Board at an issue price of RMB 45.86 per share, and the number of new shares issued was 101,000,000 shares, accounting for 21.91% of the total share capital after the issuance. The total amount of funds raised in this issuance is 463,186.00 yuan; After deducting the issuance expenses, the net proceeds amounted to $445,940.27 million.

The actual net fundraising of Jinshan Office was 240,927.74 million yuan more than the original plan to raise. According to the prospectus disclosed by Kingsoft Office on November 13, 2019, the company originally planned to raise 205,012.53 million yuan for the R&D and upgrading of WPSOffice office software, the construction of artificial intelligence basic R&D center in the office field, the direction of Internet cloud services for office products, and the internationalization of office software.

The total issuance expenses (excluding tax) are 172.4573 million yuan, of which the sponsor and underwriting fees are 150.3186 million yuan.

The sponsor (lead underwriter) of Kingsoft Office is CICC, and the sponsor representatives are Xu Shiyan and Shi Yijie.