Utilize the input text as a context reference, choose the right relationship between Cheetah Mobile and Kingsoft from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

The losses in the second quarter of 2020 were mainly due to the losses recognized in Kingsoft Cloud as it was changed from subsidiary to the associate and recognized share of profit and losses using the equity method since may 8th, 2020, which was possibly offset the profit recognized in Cheetah Mobile as it disposed shares in certain investee company this quarter.

Answer: owned_by