 BEIJING, Aug. 02, 2021 GLOBE NEWSWIRE -- Kingsoft Cloud Holdings Limited Kingsoft Cloud or the Company NASDAQ: KC, a leading independent cloud service provider in China, announced that the Company made a major strategic move in its Enterprise Cloud Services ECS business by entering into a definitive agreement to acquire controlling interests in Camelot Employee Scheme Inc. Camelot. The proposed transaction is expected to bring significant synergies to the Company, in particular: 