KUAISHOU-W(01024) clarifies rumors of splitting off Kelin AI: Currently evaluating restructuring plans, final agreement not yet signed.

Kuaishou-W (01024) released an announcement, noting that on May 11, 2026, media reported that the company intends to obtain external financing for the acquisition of assets and business related to the Keling AI group and plans for independent listing. The company hereby provides an update to shareholders and investors that, in order to further utilize external financial resources, the board of directors is evaluating proposed restructuring of assets and business related to Keling AI, which may involve introducing external financing. As of the announcement date, the proposed plan is still in the preliminary stage, and the company has not signed any final agreements regarding this matter. There is no guarantee that these proposed plans will proceed.