Document:

EX-10.13

 Exhibit 10.13 

18 July 2018 
 the Pledgor of
Beijing Yunxiang Zhisheng Technology Co., Ltd 
 as shown in Appendix I 

and 
 Kingsoft Cloud (Beijing)
Information Technology Co., Ltd. 
 regarding 

Equity Pledge Agreement 

of 
 Kingsoft Cloud (Beijing)
Information Technology Co., Ltd. 

 Equity Pledge Agreement 

Equity Pledge Agreement 
 This equity
pledge agreement (“this Agreement”) was entered into by and between the following parties in the People’s Republic of China (“PRC”) on 18 July 2018: 

 

	(1)	 The specific information about the two natural persons listed in Appendix I to this Agreement
(hereinafter severally and jointly referred to as the “Pledgor”) is set out in Appendix I. 

  

	(2)	 Beijing Yunxiang Zhisheng Technology Co., Ltd (hereinafter referred to as the
“Pledgee”) 

 Registered address: Room 4F01, 4/F, No. 33, Xiaoying West Road, Haidian District,
Beijing 
 Legal representative: Yulin Wang 
  

	(3)	 Kingsoft Cloud (Beijing) Information Technology Co., Ltd. (hereinafter referred to as the
“Company”) 

 Registered address: Room 4F05, 4/F, No. 33, Xiaoying West Road, Haidian District,
Beijing 
 Legal representative: Yulin Wang 

(In the following text, any single party is referred to as “either party” and all parties are jointly referred to as “the
parties”.) 
 Whereas: 
  

	(1)	 The Pledgor is a registered shareholder of the Company and legally holds 100% of the equity in the Company
(hereinafter referred to as “equity in the Company”); 

  

	(2)	 Pursuant to a Loan Agreement (hereinafter referred to as the “Loan Agreement”) dated
18 July 2018 between the Pledgor and the Pledgee, the Pledgee has provided the Pledgor with a loan amounting to RMB10,000,000. 

  

	(3)	 Pursuant to an Exclusive Purchase Option Agreement (hereinafter referred to as the “Purchase
Option Agreement”) dated 18 July 2018 among the Pledgee, the Pledgor and the Company, the Pledgor shall, under the conditions permitted by PRC laws, transfer all or part of the equity held by it in the Company to the Pledgee and/or any
other entity or individual designated by it, at the request of the Pledgee; 

  

	(4)	 Pursuant to a Shareholder Voting Right Trust Agreement (hereinafter referred to as the “Voting
Right Trust Agreement”) dated 18 July 2018 among the Pledgee, the Pledgor and the Company, the Pledgor has irrevocably appointed the person then designated by the Pledgee as proxy and vested such person with full power to exercise on
its behalf all of its shareholder’s voting rights in the Company. 

  

	(5)	 Pursuant to the Exclusive Consultation and Technical Services Agreement (hereinafter referred to as the
“Services Agreement”) dated 18 July 2018 between the Pledgee and the Company, the Company is willing to accept the consulting and technological support services exclusively provided by the Pledgee, and the Pledgee is willing to
provide such services to the Company in accordance with the terms and conditions stipulated in the agreement; 

  

	(6)	 As security for performance of the Contract Obligations (as defined below) and discharge of the Secured Debts
(as defined below) by the Pledgor and the Company, the Pledgor agrees to pledge all of its equity in the Company to the Pledgee and grants the Pledgee the right to repayment in first priority, and the Company agrees to such equity pledge
arrangement; 

 Therefore, the parties arrive at the following agreement upon negotiation: 

 Equity Pledge Agreement 

 
 Article 1 Definitions 

 

	1.1	 Unless the context otherwise requires, the following terms in this Agreement shall have the following meanings:

  

			
	“Contract Obligations”:	  	All contract obligations of the Pledgor and the Company under the Transaction Agreements and under this Agreement.
		
	“Secured Debts”:	  	All direct, indirect and consequential losses and losses of foreseeable profits suffered by the Pledgee due to any Breaching Event (as defined below) of the Pledgor and the Company, and all fees incurred to the Pledgee for
enforcement of the Contract Obligations of the Pledgor and the Company.
		
	“Transaction Agreements”:	  	The Loan Agreement, Purchase Option Agreement, Voting Right Trust Agreement and Services Agreement.
		
	“Breaching Event”:	  	Breach of any Contract Obligations of the Pledgor and the Company under the Transaction Agreements and/or this Agreement.
		
	“Pledged Equity”:	  	100% of the equity in the Company which is legally owned by the Pledgor when this Agreement and subsequent valid supplements to it (if any) (collectively known as “equity pledge documents”) take effect and is to be pledged
to the Pledgee pursuant to the equity pledge documents as security for the performance of Contract Obligations and discharge of Secured Debts by it and the Company, and the increased amount of contribution described in Article 2.6 of this
Agreement.
		
	“PRC laws”:	  	The then valid laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding regulatory documents of the PRC (for the purpose of this Agreement, excluding Hong Kong, Macao and
Taiwan).

  

	1.2	 The references to any PRC law herein shall be deemed: (1) to include references to the amendments,
changes, supplements and reenactments of such law, irrespective of whether they take effect before or after the formation of this Agreement; and (2) to include references to other decisions, notices or regulations enacted in accordance
therewith or effective as a result thereof. 

  

	1.3	 Unless otherwise stated in the context herein, all references to an article, clause, item or paragraph shall
refer to the relevant article, clause, item or paragraph of this Agreement. 

 Article 2 Equity Pledge 

 

	2.1	 The Pledgor hereby agrees to pledge the Pledged Equity that it legally owns and has the right of disposal to
the Pledgee in accordance with the provisions of this Agreement as security for discharge of the Secured Debts. The Company hereby agrees that the Pledgor pledges the Pledged Equity to the Pledgee in accordance with the provisions of this Agreement.

  

	2.2	 The Pledgor undertakes that it will record the equity pledge arrangement (“Equity Pledge”)
under this Agreement in the shareholders’ register of the Company on the date of signing of this Agreement and will responsively register with the Company’s industrial and commercial registration authority. The Company undertakes that it
will make the greatest efforts to help the Pledgor complete the industrial and commercial registration specified in this article. 

  

	2.3	 During the validity period of this Agreement, the Pledgee does not bear any liability for any depreciation of
the Pledged Equity unless the depreciation is caused by the Pledgee’s intentional serious negligence or serious negligence directly associated with relevant consequences, and the Pledgor shall have no right to make any claim against the Pledgee
in any form or raise any requirement. 

 Equity Pledge Agreement 

 

	2.4	 Subject to the aforesaid Article 2.3, where any potential obvious depreciation of the Pledged Equity is
sufficient to endanger the Pledgee’s rights, the Pledgee may at any time auction or sell the Pledged Equity on behalf of the Pledgor, and may, upon agreement with the Pledgor, prepay the Secured Debts with the monies from auction or sale of the
Pledged Equity or deposit the said monies in the notary organ at the location of the Pledgee (with all expenses arising therefrom borne by the Pledgee). 

  

	2.5	 In the event of any Breaching Event of the Company or the Pledgor, the Pledgee shall have the right to dispose
of the Pledged Equity in the manner set forth in Article 4 hereof. 

  

	2.6	 The Pledgor may increase investment in the Company with the written prior consent of the Pledgee. The increased
amount of contribution to the Company from the Pledgor’s increased investment in the Company shall also belong to the Pledged Equity. 

  

	2.7	 The Pledgor undertakes to waive the right to the dividends on the Pledged Equity during the validity period of
the Equity Pledge. 

  

	2.8	 The Pledgee shall have the right to dispose of any Pledged Equity of the Pledgor according to this Agreement
after occurrence of the Breaching Event of the Company or the Pledgor. 

  

	2.9	 The Pledgor undertakes to handle matters relating to the equity pledge registration specified under this
Agreement. For the purpose of completing the formalities for equity pledge registration, the parties may conclude a separate agreement on the Equity Pledge according to the requirements of registration authorities. In case of any inconsistency
between any documents needed to be signed for completing relevant formalities and those under this Agreement, this Agreement shall prevail. 

Article 3 Termination of the Pledge 
  

	3.1	 After the Pledgor and the Company fully and completely fulfil all their Contract Obligations, the Pledgee shall
terminate the Equity Pledge as required by the Pledgor and help the Pledgor with deregistration of the Equity Pledge in the Company’s shareholders’ register and that with the Company’s industrial and commercial registration authority.

 Article 4 Disposal of the Pledged Equity 

 

	4.1	 The Pledgor, the Company and the Pledgee hereby agree that in the event of any Breaching Event, the Pledgee
shall, after issuing a written notice to the Pledgor, have the right to exercise all the rights and powers to the remedies for breach of this Agreement which it is entitled to according to PRC laws, the Transaction Agreements and terms under this
Agreement, including (but not limited to) priority of compensation from auction or sale of the Pledged Equity. The Pledgee will not bear any liability for any losses arising from its reasonable exercise of such rights and powers.

  

	4.2	 The Pledgee shall have the right to designate in writing its lawyers or other agents to exercise any and all of
its aforesaid rights and powers, to which the Pledgor or the Company shall have no objection. 

  

	4.3	 The Pledgee shall have the right to deduct the reasonable costs actually incurred when the Pledgee exercises
any or all of the above rights and powers from the monies from the exercise of its rights and powers. 

 Equity Pledge Agreement 

 

	4.4	 The monies which the Pledgee acquires from the exercise of its rights and powers shall be used in the following
order: 

  

	 	1)	 to pay all costs incurred for disposal of the Pledged Equity and the exercise of rights and powers by the
Pledgee (including remuneration paid to its lawyers and agents); 

  

	 	2)	 to pay taxes payable for disposal of the Pledged Equity; and 

 

	 	3)	 to repay the Secured Debts to the Pledgee; 

The Pledgee shall return the balance (if any) after deduction of the above payments to the Pledgor or others entitled thereto according to
relevant laws and regulations, or deposit the balance in the notary organ at the location of the Pledgee (with all expenses arising therefrom borne by the Pledgee). 
  

	4.5	 The Pledgee shall have the right to choose to simultaneously or successively exercise any remedies for breach
of this Agreement, and need not exercise other remedies for breach of this Agreement before exercising the right to auction or sell the Pledged Equity under this Agreement. 

Article 5 Costs and Expenses 
  

	5.1	 All the actual expenses related to the setting of the Equity Pledge under this Agreement, including (but not
limited to) stamp duty, any other taxes and all legal fees, shall be borne by the Pledgee. 

 Article 6 Continuity and
No Waiver 
  

	6.1	 The Equity Pledge set under this Agreement shall be a continuous guarantee and shall be valid until the full
performance of the Contract Obligations or the full repayment of the Secured Debts. Neither exemption or grace period granted by the Pledgee to the Pledgor in respect of any breach, nor delay by the Pledgee in exercising any of its rights under the
Transaction Agreements and this Agreement, shall affect the right of the Pledgee under this Agreement, relevant PRC laws and the Transaction Agreements to require at any time thereafter the Pledgor to strictly perform the Transaction Agreements and
this Agreement, or the rights the Pledgee may be entitled to due to the Pledgor’s subsequent breach of the Transaction Agreements and/or this Agreement. 

Article 7 Statements and Undertakings of the Pledgor 

The Pledgor severally makes the following statements and undertakings to the Pledgee: 

 

	7.1	 It is a PRC citizen and has the legal right and capacity to execute this Agreement and undertake legal
obligations according to this Agreement. 

  

	7.2	 All the reports, documents and information provided by the Pledgor to the Pledgee before this Agreement enters
into force in relation to the Pledgor and all the matters required by this Agreement are true and correct in all material aspects at the time when this Agreement enters into force. 

 

	7.3	 All the reports, documents and information provided by the Pledgor to the Pledgee after this Agreement enters
into force in relation to the Pledgor and all the matters required by this Agreement are true and valid in all material aspects at the time of provision. 

  

	7.4	 At the time when this Agreement enters into force, the Pledgor is the sole legal owner of the Pledged Equity
and is not involved in any existing dispute over the ownership of the Pledged Equity. The Pledgor has the right to dispose of the Pledged Equity and any part thereof. 

 

	7.5	 Except for the security interests set on the Pledged Equity due to this Agreement and the rights set under the
Transaction Agreements, no other security interests or third-party interests have been set on the Pledged Equity. 

  

	7.6	 The Pledged Equity may be pledged and transferred according to laws and the Pledgor has full right and power to
pledge the Pledged Equity to the Pledgee according to this Agreement. 

 Equity Pledge Agreement 

 

	7.7	 This Agreement is duly signed by the Pledgor and constitutes a legal, effective and binding obligation on the
Pledgor. 

  

	7.8	 Any consent, permission, waiver or authorization by any third person, or any approval, permission or exemption
by any government authority, or any registration or filing formalities with any government authority to be obtained or effected in respect of the execution and performance of this Agreement and the Equity Pledge under this Agreement have been
obtained or effected (registration with the Company’s industrial and commercial registration authority regarding the Equity Pledge shall be completed immediately after execution of this Agreement), and will be fully effective during the
validity period of this Agreement. 

  

	7.9	 The execution and performance of this Agreement by the Pledgor do not violate or contradict any law applicable
thereto, any agreement to which it is a party or which is binding on its assets, any court judgment, any arbitration award of any arbitration agency and any decision of any administration authority. 

 

	7.10	 The pledge hereunder constitutes the first secured interest on the Pledged Equity. 

 

	7.11	 All the taxes and expenses payable for obtaining the Pledged Equity shall be paid by the Pledgor.

  

	7.12	 There is no pending or, to the knowledge of the Pledgor, threatened litigation, legal process or demand by any
court or any arbitration tribunal or by any government authority or any administration authority against the Pledgor, or its property, or the Pledged Equity, which will have a material or adverse effect on the economic status of the Pledgor or its
capability to perform the obligations and the warranty liabilities under this Agreement. 

  

	7.13	 The Pledgor hereby undertakes to the Pledgee that the aforesaid statements and undertakings are true and
correct and will be fully observed at any time in any circumstance before the full performance of the Contract Obligations or the full repayment of the Secured Debts. 

Article 8 Statements and Undertakings of the Company 

The Company makes the following statements and undertakings to the Pledgee: 
  

	8.1	 The Company is a limited liability company duly registered and validly subsisting under PRC laws as an
independent legal person; it has complete and independent legal status and legal capacity to sign, deliver and perform this Agreement and may independently serve as a party of litigation. 

 

	8.2	 All the reports, documents and information provided by the Company to the Pledgee before this Agreement enters
into force in relation to the Pledged Equity and all the matters required by this Agreement are true and correct in all material aspects at the time when this Agreement enters into force. 

 

	8.3	 All the reports, documents and information provided by the Company to the Pledgee after this Agreement enters
into force in relation to the Pledged Equity and all the matters required by this Agreement are true and valid in all material aspects at the time of provision. 

 

	8.4	 This Agreement is duly signed by the Company and constitutes a legal, effective and binding obligation on the
Company. 

  

	8.5	 It has full power and authority within the company to enter into and deliver this Agreement and all other
documents to be signed by it relating to the transactions described in this Agreement, and it has full power and authority to complete the transactions described herein. 

 

	8.6	 It is not involved in any litigation, legal process or demand that is pending or threatening as far as the
Company knows in any court or arbitration tribunal against the Company or assets thereof (including but not limited to the Pledged Equity), and is not involved in any litigation, legal process or demand that is pending or threatening as far as the
Company knows in any government authority or administration authority against the Company or assets thereof (including but not limited to the Pledged Equity), which will have a material or adverse effect on the Company’s economic conditions or
the Pledgor’s ability to perform the obligations and warranty liabilities under this Agreement. 

 Equity Pledge Agreement 

 

	8.7	 The Company hereby agrees to bear joint liability to the Pledgee regarding the Pledgor’s statements and
undertakings under Articles 7.4, 7.5, 7.6, 7.8 and 7.10 of this Agreement. 

  

	8.8	 The Company hereby undertakes to the Pledgee that the aforesaid statements and undertakings shall be true and
correct and be fully observed in any circumstance at any time before the Contract Obligations are fully performed or the Secured Debts are fully paid off. 

Article 9 Undertakings by the Pledgor 

The Pledgor severally undertakes to the Pledgee as follows: 
  

	9.1	 Without the prior written consent of the Pledgee, the Pledgor shall not reset or allow setting any new pledge
or any other security interest on the Pledged Equity. It is invalid to set any pledge or any other security interest on all or part of the Pledged Equity without the prior written consent. 

 

	9.2	 The Pledgor shall not transfer the Pledged Equity without prior written notice to and prior written consent of
the Pledgee. All of the Pledgor’s proposed acts to transfer the Pledged Equity shall be invalid. The monies obtained from the Pledgor’s transfer of the Pledged Equity shall be first used by the Pledgee to liquidate the Secured Debts in
advance or be deposited at a third party upon agreement with the Pledgee. 

  

	9.3	 When there is any legal action, arbitration or other request that may adversely affect the interests or Pledged
Equity of the Pledgor or the Pledgee under the Transaction Agreements and this Agreement, the Pledgor undertakes to notify the Pledgee in writing as soon as possible and in a timely manner, and, in accordance with the reasonable requirements of the
Pledgee, take all necessary measures to protect the pledge rights of the Pledgee on the Pledged Equity. 

  

	9.4	 The Pledgor shall not engage in or allow any act or action that may adversely affect the interests or Pledged
Equity of the Pledgee under the Transaction Agreements and this Agreement. The Pledgor waives the right of first refusal in realizing pledge rights. 

  

	9.5	 The Pledgor undertakes to, in accordance with the reasonable requirements of the Pledgee, take all necessary
measures and sign all necessary documents (including but not limited to supplementary agreements hereof) to protect the pledge rights of the Pledgee on the Pledged Equity and ensure the exercise and realization of such rights. 

 

	9.6	 The Pledgee undertakes to take all measures to achieve the transfer of any Pledged Equity arising from the
exercise of the pledge under this Agreement. 

 Article 10 Undertakings by the Company 

 

	10.1	 If any consent, permission, waiver or authorization by any third person, or any approval, permission or
exemption by any government authority, or any registration or filing formalities with any government authority need to be obtained in respect of the execution and performance of this Agreement and the Equity Pledge hereunder, the Company shall
endeavour to assist in the obtainment of the above and keep them fully effective during the validity period of this Agreement. 

  

	10.2	 Without the prior written consent of the Pledgee, the Company will not help or allow the Pledgor to set any new
pledge or any other security interest on the Pledged Equity. 

  

	10.3	 Without the prior written consent of the Pledgee, the Company will not help or allow the Pledgor to transfer
the Pledged Equity. 

 Equity Pledge Agreement 

 

	10.4	 When there is any legal action, arbitration or other request that may adversely affect the interests of the
Company, the Pledged Equity or the Pledgee under the Transaction Agreements and this Agreement, the Company undertakes to notify the Pledgee in writing as soon as possible and in a timely manner, and, in accordance with the reasonable requirements
of the Pledgee, take all necessary measures to protect the pledge rights of the Pledgee on the Pledged Equity. 

  

	10.5	 The Company shall not engage in or allow any act or action that may adversely affect the interests or Pledged
Equity of the Pledgee under the Transaction Agreements and this Agreement. 

  

	10.6	 The Company will, in the first month of each calendar quarter, provide the Pledgee with the financial
statements of the Company for the previous calendar quarter, including (but not limited to) the balance sheet, income statement and cash flow statement. 

  

	10.7	 The Company undertakes to, in accordance with the reasonable requirements of the Pledgee, take all necessary
measures and sign all necessary documents (including but not limited to supplementary agreements hereof) to protect the pledge rights of the Pledgee on the Pledged Equity and ensure the exercise and realization of such rights. 

 

	10.8	 The Company undertakes to take all measures to achieve the transfer of any Pledged Equity arising from the
exercise of the pledge under this Agreement. 

 Article 11 Change of Circumstances 

 

	11.1	 As a supplement and without prejudice to other terms of the Transaction Agreements and this Agreement, if, at
any time the promulgation or change of any PRC laws, regulations or rules, or change in interpretation or application of such laws, regulations and rules, or change of the relevant registration procedures causes the Pledgee to believe that it will
be illegal or counter to such laws, regulations or rules to further maintain the effectiveness of this Agreement and/or dispose of the Pledged Equity in the manner provided herein, the Pledgor shall, at the written direction of the Pledgee and in
accordance with the reasonable request of the Pledgee, promptly take all actions and/or execute any agreement or other document, in order to: 

(1) keep this Agreement valid and effective; 

(2) facilitate the disposal of the Pledged Equity in the manner provided herein; and/or 

(3) maintain or effectuate the security established or intended to be established hereunder. 

Article 12 Entry into Force and Validity Period of this Agreement 

 

	12.1	 This Agreement shall enter into force upon being duly executed by the parties. The Pledgor and the Company
shall record the pledge hereunder in the aforesaid capital contribution certificate and shareholders’ register in a timely manner. 

  

	12.2	 This Agreement shall remain valid until the full performance of the Contract Obligations or the full repayment
of the Secured Debts. 

 Article 13 Notice 

 

	13.1	 Any notices, requests, demands and other correspondences required by this Agreement or made according to this
Agreement shall be served in writing to the parties concerned. 

  

	13.2	 The aforesaid notices or other correspondences shall be deemed to have been served: (i) upon sending, when
sent by fax or telex; (ii) upon receipt, when delivered personally; (iii) five (5) days after being posted, when sent by post. 

 Equity Pledge Agreement 

 
 Article 14 Other Matters 

 

	14.1	 The Pledgor and the Company agree that, to the extent permitted by the PRC laws, the Pledgee may assign its
rights and/or obligations hereunder to any third party after notifying the Pledgor and the Company; however, without the prior written consent of the Pledgee, other parties hereto shall not assign to any third party their rights, obligations or
liabilities hereunder. Successors or permitted assignees (if any) of the Pledgor and the Company shall continue to perform the respective obligations of the Pledgor and the Company under this Agreement. 

 

	14.2	 This Agreement is executed in Chinese in five (5) counterparts. 

 

	14.3	 The conclusion, validity, performance, modification, interpretation and termination of this Agreement shall be
governed by the PRC laws. 

  

	14.4	 Any dispute between the parties for the interpretation and performance of terms hereunder shall be settled by
the parties through good faith negotiation. If no agreement on solving the dispute is reached within thirty (30) days after one party requests to solve the dispute upon negotiation, any party may refer the relevant dispute to China
International Economic and Trade Arbitration Commission for arbitration in Beijing pursuant to the arbitration rules thereof then in effect. The arbitration shall be conducted in Chinese. The arbitration award shall be final and binding on the
parties. The parties agree and confirm that the arbitration tribunal and arbitrators shall have the right to grant any remedies (including provisional and permanent remedies) in accordance with this Agreement and the applicable PRC laws, and that
during the formation of the arbitration tribunal or where appropriate, any party shall have the right to apply to a court with jurisdiction for provisional remedies. 

 

	14.5	 Any rights, powers and remedies conferred on any party by any terms of this Agreement shall not preclude any
other rights, powers or remedies conferred on it under the laws and other terms of this Agreement, and any party’s exercise of its rights, powers and remedies shall not preclude its exercise of other rights, powers and remedies enjoyed by it.

  

	14.6	 Any party’s failure to exercise or delay in exercising any rights, powers and remedies (hereinafter
referred to as “the Rights”) conferred on it under this Agreement or laws shall not result in its waiver of the Rights, and the waiver of any single or part of the Rights shall also not preclude the party from exercising the Rights
in other ways and exercising the other Rights. 

  

	14.7	 The titles to the articles of this Agreement are for index purposes only and shall not be used for or affect
the interpretation of the provisions of this Agreement under any circumstances. 

  

	14.8	 Each term of this Agreement is severable and independent of other terms. If any term or terms of this Agreement
become(s) invalid, illegal or unenforceable at any time, the validity, legality and enforceability of other terms of this Agreement shall not in any way be affected thereby. 

 

	14.9	 Any amendment and supplement to this Agreement shall be executed in writing and shall take effect upon being
duly signed by the parties hereto, unless the Pledgor or the Company assigns its rights hereunder according to Article 14.1. 

  

	14.10	 This Agreement shall be binding on the legal successors of the parties. The appendixes hereto shall have the
same legal force as the text hereof. 

  

	14.11	 Upon the execution of this Agreement, the Pledgor shall enter into a power of attorney (hereinafter referred to
as the “Power of Attorney”) as shown in Appendix II to authorize any person designated by the Pledgee to sign, on behalf of the Pledgor and according to this Agreement, any and all legal documents necessary for the exercise of the
Pledgee’s rights hereunder. If, according to laws and regulations or relevant requirements of the government, the relevant legal documents must be personally signed by the Pledgor, the Pledgor must act according to the instructions of the
Pledgee and sign such documents approved by the Pledgee in advance. Such Power of Attorney shall be kept by the Pledgee, and the Pledgee may, at any time where necessary, submit the same to the relevant government departments. If and only if the
Pledgee sends a written notice to the Pledgor to replace the proxy, the Pledgor shall immediately appoint other persons designated by the Pledgee at that time to exercise the above authorization and
re-authorize the power of attorney according to the content and format set forth in Appendix II. The new authorization shall replace the original one once it is made. In addition, the Pledgor shall not revoke
the authorization made to the proxy. 

 Equity Pledge Agreement 

 

	14.12	 Upon execution of this Agreement, the Pledgor shall issue to the Pledgee a letter of commitment (hereinafter
referred to as “Letter of Commitment”) as shown in Appendix III. 

 [The remainder is intentionally left
blank] 

 Appendix I 

Information about the Pledgor 
  

																	
	 No.
	  	 Name
	    	ID card No.	    	Shareholding percentage	 	    	Amount of contribution
(RMB’0,000)	 	    	Amount of debt
(RMB’0,000)	 
	 1
	  	Weiqin Qiu	    	*	    	 	80	% 	    	 	800	 	    	 	800	 
	 2
	  	Yulin Wang	    	*	    	 	20	% 	    	 	200	 	    	 	200	 

 Appendix II 

Power of Attorney 

 Appendix III 

Commitment Letter 

 [The remainder is intentionally left blank, only for signatures] 

In witness whereof, this Equity Pledge Agreement has been executed by the following parties on the date and in the place first above written. 

Company: 
  

	
	Kingsoft Cloud (Beijing) Information Technology Co., Ltd.
	
	/s/ Kingsoft Cloud (Beijing) Information Technology Co., Ltd.
	
	 /s/ Yulin Wang

	Name: Yulin Wang
	Position: Legal representative

 Pledgee: 
  

	
	Beijing Yunxiang Zhisheng Technology Co., Ltd
	
	/s/ Beijing Yunxiang Zhisheng Technology Co., Ltd
	
	 /s/ Yulin Wang

	Name: Yulin Wang
	Position: Legal representative

 [The remainder is intentionally left blank, only for signatures] 

In witness whereof, this Equity Pledge Agreement has been executed by the following parties on the date and in the place first above written. 

Pledgor: 
  

	
	Weiqin Qiu
	
	/s/ Weiqin Qiu
	
	Yulin Wang
	
	/s/ Yulin WangEX-10.14

 Exhibit 10.14 

18 July 2018 
 Exclusive
Purchase Option Agreement 
 on 

Kingsoft Cloud (Beijing) Information Technology Co., Ltd. 

between 
 The Existing
Shareholders of Beijing Yunxiang Zhisheng Technology Co., Ltd 
 as Shown in Appendix I 

and 
 Kingsoft Cloud (Beijing)
Information Technology Co., Ltd. 

 Exclusive Purchase Option Agreement 

This Exclusive Purchase Option Agreement (hereinafter referred to as “this Agreement”) was executed by and the among the following parties in
the People’s Republic of China (hereinafter referred to as the “PRC”) on 18 July 2018: 
  

	(1)	 The two natural persons listed in Appendix I to this Agreement (hereinafter jointly referred to as
“Existing Shareholders”) 

 Specific information (including domicile and ID card number) about the
Existing Shareholders is set out in Appendix I “List of Existing Shareholders and Specific Information Thereof”. 
  

	(2)	 Beijing Yunxiang Zhisheng Technology Co., Ltd (hereinafter referred to as the “WFOE”)

 Registered address:     Room 4F01, 4/F, No. 33, Xiaoying West Road, Haidian District, Beijing

 Legal representative: Yulin Wang 
  

	(3)	 Kingsoft Cloud (Beijing) Information Technology Co., Ltd. (hereinafter referred to as the
“Company”) 

 Registered address:     Room 4F05, 4/F, No. 33, Xiaoying West Road,
Haidian District, Beijing 
 Legal representative: Yulin Wang 

(The aforesaid parties are individually referred to as “one party” and collectively referred to as “the
parties” herein.) 
 Whereas: 
  

	(1)	 Existing Shareholders are the registered shareholders of the Company jointly holding 100% equity of the
Company. The proportion of their respective shares in the Company and the amount of their contribution are listed in Appendix I to this Agreement; 

  

	(2)	 Existing Shareholders intend to assign all their equity in the Company to the WFOE without prejudice to the PRC
laws, and the WFOE intends to accept such assignment; 

  

	(3)	 The Company intends to assign all its assets to the WFOE without prejudice to the PRC laws, and the WFOE
intends to accept such assignment; 

  

	(4)	 To effectuate the aforesaid assignment of equity/assets, Existing Shareholders/the Company agree(s) to grant an
irrevocable purchase option to the WFOE; according to the purchase option and to the extent permitted by the PRC laws, Existing Shareholders/the Company shall, as required by the WFOE, assign its option equity/assets of the Company (as defined
hereunder) to the WFOE and/or any other entity or individual designated thereby in accordance with this Agreement; 

 Therefore, the
parties arrive at the following agreement upon negotiation: 
 Article 1 Definitions 

 

	1.1	 Unless the context otherwise requires, the following terms in this Agreement shall have the following meanings:

  

			
	 “PRC laws”
	  	The then valid laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding regulatory documents of the PRC (for the purpose of this Agreement, excluding Hong Kong, Macao
and Taiwan).

			
	“Purchase option”:	  	The right conferred by the Existing Shareholders/the Company to the WFOE according to the terms and conditions of this Agreement to require acceptance of assignment of the equity/assets of the Company.
		
	“Option equity”:	  	Equity equivalent to 100% of the registered capital of the Company held by the Existing Shareholders at the time of exercise of right under this Agreement and under effective supplement (if any) (collectively referred to as
“equity assignment option documents”) made thereafter to this Agreement.
		
	“Registered capital of the Company”:	  	On the date of execution of this Agreement, the registered capital of RMB10,000,000 of the Company, which also includes the expanded registered capital formed by any capital increase during the validity period of this
Agreement.
		
	“Exercise”:	  	Exercise of purchase option by the WFOE to require the Existing Shareholders/the Company to assign the equity/assets of the Company to it or its designated entity or individual, with the amount equivalent to all or part of the
option equity/assets of the Company, which shall be determined by the WFOE according to the then PRC laws and its own business considerations.
		
	“Assignment price”:	  	All the consideration to be paid by the WFOE or its designated entity or individual to the Existing Shareholders for acquiring the equity/assets of the Company at each time of exercise.
		
	“Operation licenses”:	  	Any approval, permission, filing and registration that the Company shall have to legally and effectively operate all its businesses, including but not limited to Business License of Enterprise as Legal Person, Tax
Registration Certificate and other relevant permissions and licenses required by PRC laws at the material time.
		
	“Assets of the Company”:	  	All the tangible and intangible assets which the Company owns or has the right to use during the validity period of this Agreement, including but not limited to any immovable and movable assets, as well as intellectual properties
such as trademarks, copyrights, patents, know-how, domain names and software use rights.
		
	“Material agreements”:	  	Agreements to which the Company is a party and which has material effects on the Company’s business or assets, including but not limited to Shareholder Voting Right Trust Agreement and Equity Pledge Agreement
executed by the Company and the WFOE and the Existing Shareholders on 18 July 2018, Exclusive Consultation and Technical Service Agreement executed by the Company and the WFOE on 18 July 2018, and Loan Agreement and other
agreements relating to the Company’s businesses executed by the Existing Shareholders and the WFOE on 18 July 2018.
		
	“Exercise notice”:	  	Has the meaning conferred in Article 3.5 hereof.
		
	“Confidential information”:	  	Has the meaning conferred in Article 8.1 hereof.
		
	“Defaulting party”:	  	Has the meaning conferred in Article 11.1 hereof.

			
	“Default”:	  	Has the meaning conferred in Article 11.1 hereof.
		
	“The Rights”:	  	Has the meaning conferred in Article 12.5 hereof.

  

	1.2	 The references to any PRC law herein shall be deemed: 

 

	 	(1)	 to include references to the amendments, changes, supplements and reenactments of such law, irrespective of
whether they take effect before or after the formation of this Agreement; and 

  

	 	(2)	 to include references to other decisions, notices or regulations enacted in accordance therewith or effective
as a result thereof. 

  

	1.3	 Unless otherwise stated in the context herein, all references to an article, clause, item or paragraph shall
refer to the relevant article, clause, item or paragraph of this Agreement. 

 Article 2 Grant of the Purchase Option

  

	2.1	 The Existing Shareholders/The Company agree(s) to irrevocably and unconditionally grant to the WFOE an
exclusive purchase option, pursuant to which the WFOE has the right to, as permitted by the PRC laws and subject to the terms and conditions of this Agreement, require the Existing Shareholders/the Company to assign the option equity/assets of the
Company to the WFOE or its designated entity or individual. The WFOE also agrees to accept such a purchase option. 

  

	2.2	 The Company hereby agrees that the Existing Shareholders may grant to the WFOE the right to purchase the option
equity in accordance with Article 2.1 and other provisions of this Agreement. 

  

	2.3	 The Existing Shareholders hereby agree that the Company may grant to the WFOE the right to purchase the assets
of the Company in accordance with Article 2.1 and other provisions of this Agreement. 

 Article 3 Ways of Exercise

  

	3.1	 Subject to the terms and conditions of this Agreement, as permitted by the PRC laws, the WFOE has absolute
discretion to determine the assignee, equity percentage, quantity of assets, specific time, method and number of times of exercise. 

  

	3.2	 Subject to the terms and conditions of this Agreement, the WFOE has the right to require acceptance of
assignment of all or part of the option equity/assets of the Company from the Existing Shareholders at any time, either by itself or through other entities or individuals designated by it, according to the then PRC laws. 

 

	3.3	 At each time of exercise, the WFOE has the right to arbitrarily designate the amount of option equity/assets of
the Company that the Existing Shareholders/the Company should assign to the WFOE and/or other entities or individuals designated by it during relevant exercise. The Existing Shareholders/the Company shall assign the option equity/assets of the
Company to the WFOE and/or other entities or individuals designated by it as per the amount required by the WFOE. The WFOE and/or other entities or individuals designated by it shall pay the corresponding assignment price to the Existing
Shareholders/the Company for the option equity/assets of the Company assigned during each exercise. 

  

	3.4	 During each exercise, the WFOE may accept the assignment of the option equity/assets of the Company by itself,
or may designate any third party to accept the assignment of all or part of the option equity/assets of the Company. 

	3.5	 After the WFOE decides to exercise its right each time, it shall issue a notice to the Existing
Shareholders/the Company (hereinafter referred to as the “exercise notice”. The format of the exercise notice is set out in Appendix II to this Agreement). Upon receipt of the exercise notice, the Existing Shareholders/the Company
shall immediately assign the option equity/assets of the Company in whole to the WFOE and/or other entities or individuals designated by it at one time in a manner set out in Article 3.3 of this Agreement in accordance with the exercise notice.

 Article 4 Assignment Price 
  

	4.1	 According to the Loan Agreement (hereinafter referred to as the “loan agreement”)
signed by the Existing Shareholders and the WFOE on 18 July 2018, the Existing Shareholders owe a debt totaling RMB10 million to the WFOE. Therefore, the parties hereby agree that the assignment price of the option equity of each Existing
Shareholder shall be equivalent to the amount of the corresponding debt owed by each Existing Shareholder to the WFOE under the Loan Agreement at the material time; nevertheless, if the minimum assignment price permitted by the then PRC laws is
higher than such debt amount, the minimum assignment price permitted by the PRC laws shall prevail. Notwithstanding the above provisions, the Existing Shareholders shall jointly exempt the WFOE from the payment obligations for the portion of the
minimum assignment price permitted by the PRC laws in excess of such debt amount in accordance with the PRC laws and regulations. When the WFOE exercises the purchase option granted to the Existing Shareholders, the WFOE shall have the right to pay
the assignment price by directly canceling the debts owed by the Existing Shareholders to the WFOE at the material time. The ratio of the cancelled debt to the total debt owed by the Existing Shareholders at the material time shall be equivalent to
the ratio of the equity assigned by the Existing Shareholders to the total equity held by them in the Company. 

  

	4.2	 The parties hereby agree that the assignment price of the assets of the Company shall be RMB One (1);
nevertheless, if the minimum assignment price permitted by the then PRC laws is higher than the said price, the minimum assignment price permitted by the PRC laws shall prevail. Notwithstanding the above provisions, the Company shall exempt the WFOE
from the payment obligations for the portion of the minimum assignment price permitted by the PRC laws in excess of RMB One (1) in accordance with the PRC laws and regulations. 

Article 5 Statements and Undertakings 
  

	5.1	 The Existing Shareholders hereby severally make the following statements and undertakings:

  

	 	5.1.1	 The Existing Shareholders are PRC citizens; they have complete and independent legal status and legal capacity
to sign, deliver and perform this Agreement and may independently serve as a party of litigation. 

  

	 	5.1.2	 The Existing Shareholders have full power and authority to enter into, deliver and perform this Agreement and
all other documents to be signed by them relating to the transactions described in this Agreement, and have full power and authority to complete the transactions described herein. 

 

	 	5.1.3	 This Agreement is legally and properly signed and delivered by the Existing Shareholders. This Agreement is
legally binding on them and is enforceable against them. 

  

	 	5.1.4	 The Existing Shareholders are the registered legal owners of the option equity when this Agreement comes into
effect. Except for the pledge set out in the Equity Pledge Agreement signed on 18 July 2018 and the Trusted Rights set out in the Shareholder Voting Right Trust Agreement signed on 18 July 2018 by the Existing Shareholders,
the WFOE and the Company, no liens, pledges, claims and other security interests and third-party rights are set on the option equity. According to this Agreement, the WFOE and/or other entities or individuals designated by it may, after exercise,
obtain the favorable ownership of the assigned equity without liens, pledges, claims and other security interests or third-party rights. 

  

	5.2	 The Company hereby makes the following statements and undertakings: 

 

	 	5.2.1	 The Company is a limited liability company duly registered and validly subsisting under PRC laws as an
independent legal person; it has complete and independent legal status and legal capacity to sign, deliver and perform this Agreement and may independently serve as a party of litigation. 

	 	5.2.2	 The Company has full power and authority within the company to enter into, deliver and perform this Agreement
and all other documents to be signed by it relating to the transactions described in this Agreement, and it has full power and authority to complete the transactions described herein. 

 

	 	5.2.3	 This Agreement is legally and properly signed and delivered by the Company. This Agreement is legally binding
on it and is enforceable against it. 

  

	5.3	 The WFOE makes the following statements and undertakings: 

 

	 	5.3.1	 The WFOE is a limited liability company (wholly owned by a legal person) duly registered and validly subsisting
under PRC laws as an independent legal person; it has complete and independent legal status and legal capacity to sign, deliver and perform this Agreement and may independently serve as a party of litigation. 

 

	 	5.3.2	 The WFOE has full power and authority within the company to enter into, deliver and perform this Agreement and
all other documents to be signed by it relating to the transactions described in this Agreement, and it has full power and authority to complete the transactions described herein. 

 

	 	5.3.3	 This Agreement is legally and properly signed and delivered by the WFOE. This Agreement is legally binding on
it and is enforceable against it. 

 Article 6 Undertakings of Existing Shareholders 

Existing Shareholders hereby separately undertake as follows: 
  

	6.1	 During the validity period of this Agreement, without the prior written consent of the WFOE:

  

	 	6.1.1	 Existing Shareholders shall not assign or otherwise dispose of, or create any security interest or other third
party right on, any option equity; 

  

	 	6.1.2	 They shall not increase or decrease the registered capital of the Company or merge with any other entity;

  

	 	6.1.3	 They shall not dispose of or procure the management of the Company to dispose of any material assets of the
Company (including the Company’s long-term investment interests) (except in the ordinary course of business operations); 

  

	 	6.1.4	 They shall not terminate or procure the management of the Company to terminate any material agreement signed by
the Company, or enter into any other agreement that conflicts with existing material agreements; 

  

	 	6.1.5	 They shall not appoint or remove any executive director, supervisor or other management personnel of the
Company that shall be appointed or removed by Existing Shareholders; 

  

	 	6.1.6	 They shall not declare the distribution of or actually pay any distributable profits, bonuses or dividends;

  

	 	6.1.7	 They shall ensure that the Company is validly subsisting, and is not terminated, liquidated or dissolved;

  

	 	6.1.8	 They shall not amend the Company’s articles of association; and 

	 	6.1.9	 They shall ensure that the Company will not lend or borrow monies, provide guarantees or make other forms of
warranty, or assume any substantive obligations outside of ordinary course of business operations. 

  

	6.2	 During the validity period of this Agreement, Existing Shareholders shall do their utmost to develop the
Company’s business and ensure that the Company operates in a legal and compliant manner and they will not conduct any act or act of omission that may damage the assets and goodwill of the Company or affect the validity of the Company’s
business license. 

  

	6.3	 During the validity period of this Agreement, they shall promptly inform the WFOE of any situation that may
have a material adverse effect on the Company’s subsistence, business operations, financial condition, assets or goodwill, and shall promptly take all measures approved by the WFOE to eliminate such adverse conditions or take effective remedial
measures for the Company. 

  

	6.4	 Once the WFOE issues the exercise notice: 

 

	 	6.4.1	 They shall immediately convene a shareholders’ meeting and adopt resolutions of such meeting and take all
other necessary actions to agree that Existing Shareholders may assign all option equity/assets of the Company to the WFOE and/or other entities or individuals designated by it at the assignment price and waive any right of first refusal they have;

  

	 	6.4.2	 They shall promptly sign an equity assignment agreement with the WFOE and/or other entities or individuals
designated by it to assign all option equity to the WFOE and/or other entities or individuals designated by it at the assignment price, and shall provide the WFOE with necessary support (including providing and signing all relevant legal documents,
performing all government approvals and registration procedures and undertaking all relevant obligations) in accordance with the requirements of the WFOE and laws and regulations so that the WFOE and/or other entities or individuals designated by it
obtain all option equity without faults at law. 

 Article 7 Undertakings of the Company 

 

	7.1	 The Company hereby undertakes as follows: 

 

	 	7.1.1	 If the signing and performance of this Agreement and the grant of the equity assignment option under this
Agreement are subject to the consent, permission, waiver, authorization of any third party, or the approval, permission, waiver of any government authority or the registration or filing with any government authority (if required by law), the Company
will do its best to help meet the above conditions. 

  

	 	7.1.2	 The Company will not assist or allow Existing Shareholders to assign or otherwise dispose of, or create any
security interest or other third party right on, any option equity without the prior written consent of the WFOE. 

  

	 	7.1.3	 The Company will not dispose of any material assets (including the Company’s long-term investment
interests) (except in the ordinary course of business operations) without the prior written consent of the WFOE. 

  

	 	7.1.4	 The Company shall not engage in or permit any act or action that may adversely affect the interests of the WFOE
under this Agreement, including but not limited to any acts and actions subject to Article 6.1. 

  

	7.2	 Once the WFOE issues the exercise notice: 

 

	 	7.2.1	 They shall immediately convene a board/shareholders’ meeting and adopt resolutions of such meeting and
take all other necessary actions to agree that Existing Shareholders may assign all assets of the Company to the WFOE and/or other entities or individuals designated by it at the assignment price; 

	 	7.2.2	 They shall promptly sign an asset assignment agreement with the WFOE and/or other entities or individuals
designated by it to assign all assets of the Company to the WFOE and/or other entities or individuals designated by it at the assignment price, and shall provide the WFOE with necessary support (including providing and signing all relevant legal
documents, performing all government approvals and registration procedures and undertaking all relevant obligations) in accordance with the requirements of the WFOE and laws and regulations so that the WFOE and/or other entities or individuals
designated by it obtain all assets of the Company without faults at law. 

 Article 8 Confidentiality Obligation

  

	8.1	 Regardless of whether this Agreement has been terminated or not, the parties shall strictly keep confidential
the trade secrets, proprietary information, customer information and all other information of confidential nature (hereinafter collectively referred to as “confidential information”) relating to the other parties that are known
during the conclusion and performance of this Agreement. Except with the prior written consent of the party disclosing the confidential information or for disclosure to third parties as required by relevant laws, regulations or the listing
requirements, the party receiving the confidential information shall not disclose any confidential information to any other third party; except for the purpose of performing this Agreement, the party receiving the confidential information shall not
use or indirectly use any confidential information. 

  

	8.2	 The following information shall not be deemed as confidential information: 

 

	 	(a)	 any information proven by written evidence to have been previously obtained by the receiving party through
legal means; 

  

	 	(b)	 any information that is made public for a reason not ascribable to the receiving party; or

  

	 	(c)	 any information obtained by the receiving party through other legal means after receiving such information.

  

	8.3	 The receiving party may disclose the confidential information to its relevant employees, agents or
professionals engaged by it on the condition that it shall ensure that the above-mentioned persons comply with the relevant terms and conditions of this Agreement and that it shall assume any liability arising from violation of the relevant terms
and conditions of this Agreement by the above-mentioned persons. 

  

	8.4	 Notwithstanding other provisions of this Agreement, the validity of this article shall not be affected by the
termination of this Agreement. 

 Article 9 Validity Period of this Agreement 

The parties agree that this Agreement shall become effective on the date of formal signing by the parties, and shall be valid until all option equity/assets
of the Company are legally assigned to the WFOE and/or other entity or individual designated thereby pursuant to this Agreement. 

Article 10 Notice 
  

	10.1	 Any notices, requests, demands and other correspondences required by this Agreement or made according to this
Agreement shall be served in writing to the parties concerned. 

  

	10.2	 The above notices or other correspondences shall be deemed to have been served: (i) upon sending, when
sent by fax or telex; (ii) upon receipt, when delivered personally; (iii) five (5) days after being posted, when sent by post. 

 Article 11 Default Liabilities 

 

	11.1	 The parties agree and confirm that if any party (hereinafter referred to as the “defaulting
party”) materially breaches any of the agreements made hereunder, or substantially fails to perform any of the obligations hereunder, it shall constitute a default under this Agreement (hereinafter referred to as
“default”), and the observant party shall have the right to request the defaulting party to make corrections or take remedial actions within a reasonable period. If the defaulting party fails to make corrections or take remedial
actions within the reasonable period or within ten (10) days after the observant party notifies the defaulting party in writing and requests for correction, the observant party shall have the right to decide at its own discretion to:

  

	 	(1)	 terminate this Agreement and request the defaulting party to give full compensation for damages; or

  

	 	(2)	 require the defaulting party to perform its obligations under this Agreement in a compulsory manner and give
full compensation for damages; 

  

	11.2	 The parties agree and confirm that, except as otherwise required by law, Existing Shareholders and the Company
shall not request the termination of this Agreement under any circumstances. 

  

	11.3	 Notwithstanding other provisions of this Agreement, the validity of this article shall not be affected by the
termination of this Agreement. 

 Article 12 Other Matters 

 

	12.1	 This Agreement is executed in Chinese in five (5) counterparts. 

 

	12.2	 The conclusion, validity, performance, modification, interpretation and termination of this Agreement shall be
governed by the PRC laws. 

  

	12.3	 Any dispute between the parties for the interpretation and performance of terms hereunder shall be settled by
the parties through good faith negotiation. If no agreement on solving the dispute is reached within thirty (30) days after one party requests to solve the dispute upon negotiation, any party may refer the relevant dispute to China
International Economic and Trade Arbitration Commission for arbitration in Beijing pursuant to the arbitration rules thereof then in effect. The arbitration shall be conducted in Chinese. The arbitration award shall be final and binding on the
parties. The parties agree and confirm that the arbitration tribunal and arbitrators shall have the right to grant any remedies (including provisional and permanent remedies) in accordance with this Agreement and the applicable PRC laws, and that
during the formation of the arbitration tribunal or where appropriate, any party shall have the right to apply to a court with jurisdiction for provisional remedies. 

 

	12.4	 Any rights, powers and remedies conferred on any party by any terms of this Agreement shall not preclude any
other rights, powers or remedies conferred on it under the laws and other terms of this Agreement, and any party’s exercise of its rights, powers and remedies shall not preclude its exercise of other rights, powers and remedies enjoyed by it.

  

	12.5	 Any party’s failure to exercise or delay in exercising any rights, powers and remedies (hereinafter
referred to as “the Rights”) conferred on it under this Agreement or laws shall not result in its waiver of the Rights, and the waiver of any single or part of the Rights shall also not preclude the party from exercising the Rights
in other ways and exercising the other Rights. 

  

	12.6	 The titles to the articles of this Agreement are for index purposes only and shall not be used for or affect
the interpretation of the provisions of this Agreement under any circumstances. 

  

	12.7	 Each term of this Agreement is severable and independent of other terms. If any term or terms of this Agreement
become(s) invalid, illegal or unenforceable at any time, the validity, legality and enforceability of other terms of this Agreement shall not in any way be affected thereby. 

 

	12.8	 Upon being signed, this Agreement shall replace any other legal documents previously signed by the parties for
the same theme. Any amendment and supplement to this Agreement shall be executed in writing and shall take effect upon being duly signed by the parties thereto. 

	12.9	 No party shall assign any of its rights and/or obligations hereunder to any third party without the prior
written consent of the other parties. 

  

	12.10	 This Agreement shall be binding on the legal assignees or successors of the parties. The appendixes to this
Agreement shall have the same legal force as the text hereof. 

  

	12.11	 Upon the execution of this Agreement, the Existing Shareholders shall enter into a power of attorney
(hereinafter referred to as the “Power of Attorney”) as shown in Appendix III to authorize the person designated by the WFOE (hereinafter referred to as the “Proxy”) to sign, on their behalf and according to
this Agreement, any and all legal documents necessary for the exercise of the WFOE’s rights hereunder. If, according to laws and regulations or relevant requirements of the government, the relevant legal documents must be personally signed by
the Existing Shareholders, the Existing Shareholders must act according to the instructions of the WFOE and sign such documents approved by the WFOE in advance. The WFOE shall keep the Power of Attorney, and may submit the Power of Attorney to
relevant government departments at any time when necessary. When and only when the WFOE issues a written notice of replacing the Proxy to Existing Shareholders, Existing Shareholders shall immediately designate other person designated by the WFOE at
that time to exercise the aforesaid Trusted Rights and re-issue a power of attorney as per the contents and format specified in Appendix III. The new power of attorney shall replace the original one upon being
made; apart from that, Existing Shareholders shall not revoke the entrustment and authorization made to the Proxy. 

 [The
remainder is intentionally left blank] 

 [The remainder is intentionally left blank, only for signatures] 

In witness thereof, this Exclusive Purchase Option Agreement has been executed by the following parties on the date and in the place first above written. 

 

					
	 The Company:
  

Kingsoft Cloud (Beijing) Information Technology Co., Ltd.
  

/s/ Seal of Kingsoft Cloud (Beijing) Information Technology Co., Ltd.
  

/s/ Yulin Wang
 Name: Yulin
Wang
 Position: Legal representative
	 	    	  	 The WFOE:
  

Beijing Yunxiang Zhisheng Technology Co., Ltd
  

/s/ Seal of Beijing Yunxiang Zhisheng Technology Co., Ltd
  

/s/ Yulin Wang
 Name: Yulin
Wang
 Position: Legal representative

 Existing Shareholders: 
  

	
	Weiqin Qiu
	
	 /s/ Weiqin Qiu

	
	Yulin Wang
	
	 /s/ Yulin Wang
  

  

Appendix I: List of Existing Shareholders and Specific Information Thereof 
  

																					
	 No.
	  	 Name
	  	 ID card No.
	 	  	 Address
	  	
Shareholding percentage
	 	 	
Amount of contribution
(RMB’0,000)
	 	  	
Amount of debt
(RMB’0,000)
	 
	1	  	Weiqin Qiu	  	 	*	 	  	*	  	 	80	% 	 	 	800	 	  	 	800	 
	2	  	Yulin Wang	  	 	*	 	  	*	  	 	20	% 	 	 	200	 	  	 	200	 
		  		  				  		  	  
	  
	 	 	  
	  
	 	  	  
	  
	 
		  	 Total
	  				  		  	 	100	% 	 	 	1000	 	  	 	1000	 
		  		  				  		  	  
	  
	 	 	  
	  
	 	  	  
	  
	 

   

 
  

 Appendix II: 

Format of Exercise Notice 

   

 
  

 Appendix III: 

Power of Attorney 

   

 
  

 Supplemental Exclusive Purchase Option Agreement 

The Supplemental Exclusive Purchase Option Agreement (hereinafter referred to as “this Agreement”) was executed by and among the
following parties in the People’s Republic of China (hereinafter referred to as the “PRC”) on 29 November 2019: 
 Party A:
Beijing Yunxiang Zhisheng Technology Co., Ltd, a limited liability company established under PRC laws (“Yunxiang Zhisheng” or “WFOE”); 

Party B: Weiqin Qiu, a PRC citizen, with ID card No.: *; 
 Party
C: Yulin Wang, a PRC citizen, with ID card No.: * (referred to as “Existing Shareholders” together with Weiqin Qiu); 
 Party D: Kingsoft
Cloud (Beijing) Information Technology Co., Ltd., a limited liability company established under PRC laws (“Kingsoft Cloud Information” or “the Company”); 

Party A, Party B, Party C and Party D are individually referred to as “one party” and collectively referred to as “the parties” herein.

 Whereas: Kingsoft Cloud Information, Weiqin Qiu, Yulin Wang and Yunxiang Zhisheng signed on 18 July 2018 the Exclusive Purchase Option Agreement
Regarding Kingsoft Cloud (Beijing) Information Technology Co., Ltd. (“Exclusive Purchase Option Agreement”), which specified that the Existing Shareholders shall grant a purchase option to Yunxiang Zhisheng. According to
the purchase option, Yunxiang Zhisheng, to the extent permitted by the PRC laws, has the right to require the Existing Shareholders to assign the option equity/assets of the Company to Yunxiang Zhisheng or any entity or individual designated
thereby. 
 The parties hereby arrive at the following supplementary agreement upon negotiation. The terms used but not defined in this Agreement shall have
the same meanings as those in the Exclusive Purchase Option Agreement: 
 1. Provision of financial support 

To ensure continuous operation of Kingsoft Cloud Information, Yunxiang Zhisheng shall provide financial support (to the extent permitted by the PRC laws and in
the way permitted by the PRC laws) for Kingsoft Cloud Information according to actual conditions to meet any cash flow requirements of Kingsoft Cloud Information during daily business operations and/or offset any losses arising during business
operations. When Kingsoft Cloud Information is unable to repay the aforesaid financial support funds, Yunxiang Zhisheng shall agree to exempt it from repayment to the extent permitted by the PRC laws. If necessary, Yunxiang Zhisheng and Kingsoft
Cloud Information shall sign a separate agreement regarding the specific measures and exemption matters concerning the aforesaid financial support. 

   

 
  

 2. Amendment to Article 6 of the Exclusive Purchase Option Agreement 

 

	2.1	 The parties agree and confirm that the title of Article 6 of the Exclusive Purchase Option Agreement
shall be amended as “Undertakings of the Existing Shareholders and the Company”, and the beginning of Article 6 shall be amended as “The Existing Shareholders and the Company severally and jointly undertake as follows”.

  

	2.2	 The parties agree and confirm that Article 6.1 of the Exclusive Purchase Option Agreement shall be
amended as follows: 

 “6.1 During the validity period of this Agreement, without the prior written consent of the
WFOE: 
  

	 	6.1.1	 Existing Shareholders shall not assign or otherwise dispose of, or create any security interest or other third
party right on, any option equity; 

  

	 	6.1.2	 The Company shall not increase or decrease the registered capital, or merge or integrate with any other entity,
or acquire or invest in any party; 

  

	 	6.1.3	 Except in the ordinary course of business operations, the Existing Shareholders shall not sell, assign,
mortgage or otherwise dispose of any legal or beneficial interests in any material assets, businesses or revenues of the Company, or allow creation of any other encumbrance thereon; 

 

	 	6.1.4	 Except for the contracts signed in the ordinary course of business operations, the Existing Shareholders shall
not procure the Company to enter into any material contract, or terminate any material agreement signed by the Company, or enter into any other agreement that conflicts with existing material agreements; 

 

	 	6.1.5	 The Company shall not appoint or remove any executive director, supervisor or other management personnel of the
Company that shall be appointed or removed by Existing Shareholders; 

  

	 	6.1.6	 The Company shall not declare the distribution of or actually pay any distributable profits, bonuses or
dividends; 

  

	 	6.1.7	 The Existing Shareholders shall ensure that the Company is validly subsisting, and is not terminated,
liquidated or dissolved; 

  

	 	6.1.8	 The Existing Shareholders shall not amend the Company’s articles of association; 

   

 
  

	 	6.1.9	 The Existing Shareholders shall ensure that the Company will not lend or borrow monies, provide guarantees or
make other forms of warranty, or assume any substantive obligations outside of ordinary course of business operations; and 

  

	 	6.1.10	 If the Existing Shareholders obtain any profits, dividends, bonuses, or liquidation income from the Company,
they shall, according to the PRC laws, timely give them to the WFOE or any person designated by the WFOE.” 

 3. Amendment to
Article 11.2 of the Exclusive Purchase Option Agreement 
 3.1 The parties agree and confirm that Article 11.2 of the Exclusive
Purchase Option Agreement is amended as follows: 
 “The parties agree and confirm that, the Existing Shareholders and the Company shall not
require to terminate this Agreement under any circumstances, unless subject to the mandatory provisions of law. The WFOE has the right to unilaterally require to amend, supplement and terminate this Agreement, in which case the other parties shall
cooperate and sign relevant agreements and complete corresponding registration and filing procedures (if any) in accordance with relevant legal requirements.” 

4. Governing Laws and Settlement of Disputes 
 4.1
Governing laws 
 The conclusion, validity, interpretation, performance, modification and termination of this Agreement and settlement of disputes thereunder
shall be governed by the PRC laws. 
 4.2 Settlement of disputes 

Any dispute arising from the interpretation and performance of this Agreement shall be settled preferably by the parties thereto through friendly negotiation.
If the dispute cannot be resolved within 30 days after one party sends to the other parties a written request of resolving the dispute through negotiation, any party may refer the relevant dispute to China International Economic and Trade
Arbitration Commission for arbitration pursuant to the arbitration rules thereof. The arbitration shall be held in Beijing. The arbitration award shall be final and binding on the parties. 

5. Confidential Obligations 
  

	5.1	 The parties acknowledge and determine that any oral or written information related to this Agreement or the
contents thereof or exchanged among one another for the preparation or performance of this Agreement is deemed to be confidential. The parties shall keep all such confidential information confidential and shall not disclose any confidential
information to any third party without the written consent of the other parties, except for the following information: (a) any information that is or will be in the public domain (other than through the receiving party’s unauthorized
disclosure); (b) any information required to be disclosed in accordance with governing laws and regulations, stock trading rules, or orders of government departments or a court; or (c) information required to be disclosed by any party to its
shareholders, directors, employees or legal or financial advisers in connection with the transaction described in this Agreement (the said shareholder, director, employee or legal or financial advisor is also required to be bound by
confidentiality obligations similar to those in this article). Disclosure of confidential information by a/an shareholder, director, employee or hired agency of any party shall also be deemed as disclosure of confidential information by that party,
which party shall be liable for breach of contract according to this Agreement. 

   

 
  

 6. Others 

6.1 Language 
 This Agreement shall be executed in Chinese and in
four counterparts, with one held by each party. Each copy shall have the same legal force. This Agreement may have multiple signed copies, which constitute one and the same document. Signatures by fax or email or other
e-signatures shall have the same legal effect as the original signature. 
 6.2 Title 

The titles of this Agreement are set to facilitate reading only and shall not be used to interpret, explain or otherwise affect the meaning of the provisions
of this Agreement. 
 6.3 Entry into force 
 This Agreement
shall take effect from the date of signing by the parties. 
 6.4 Entire agreement 

This Agreement constitutes an amendment and supplement to the Exclusive Purchase Option Agreement. In case of any inconsistency or conflict between this
Agreement and the Exclusive Purchase Option Agreement, this Agreement shall prevail. The validity of relevant stipulations under this Agreement is superior to the same under the Exclusive Purchase Option Agreement. Matters not covered
herein shall be as specified in the Exclusive Purchase Option Agreement. 
 [The remainder is intentionally left blank] 

   

 
  

 The parties have duly signed this Agreement on the date first above written 

 

	
	Beijing Yunxiang Zhisheng Technology Co., Ltd
	
	/s/ Beijing Yunxiang Zhisheng Technology Co., Ltd

 Signature: 
 Name: 

Position: Legal representative 

  

   

 
  

 The parties have duly signed this Agreement on the date first above written 

 

			
	Kingsoft Cloud (Beijing) Information Technology Co., Ltd.	 	
		
	/s/ Seal of Kingsoft Cloud (Beijing) Information Technology Co., Ltd.	 	    

 Signature: 
 Name: 

Position: Legal representative 

  

   

 
  

 The parties have duly signed this Agreement on the date first above written 

Weiqin Qiu 
 /s/ Weiqin
Qiu                             

  

   

 
  

 The parties have duly signed this Agreement on the date first above written 

 

	
	Yulin Wang
	
	 /s/ Yulin Wang

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