BlockBeats News, May 12, Kuaishou announced that on May 11, it was reported by the media that the company intends to seek external financing for its Keli AI-related assets and business and is considering spinning off and independently listing them.

“The Company hereby provides an update to shareholders and investors that, in order to further leverage external financial resources, the Company's board of directors is evaluating a proposed restructuring plan for the Keli AI-related assets and business, which may involve introducing external financing. As of the date of this announcement, the proposed plan is still at a preliminary stage, and the Company has not signed any final agreement in this regard. There is no guarantee that such proposed plan will proceed.”