Information from the Hong Kong Stock Exchange reveals that on June 25th, Fast Pace Limited increased its stake in Kingsoft Software (03888) by 6 million shares. The transaction was executed at a price of HK$21.7913 per share, amounting to a total consideration of approximately HK$1.31 billion.

Following this acquisition, the firm's latest shareholding stands at around 96.9005 million shares, representing a 7.01% ownership interest in the company.

This transaction involves related parties: Xiaomi Corporation and Mr. Lei Jun. Supplementary information notes that pursuant to a voting rights deed established between Mr. Lei Jun and Mr. Qiu Bojun, Mr. Qiu Bojun agrees to vote specific shares of Kingsoft Corporation Limited in the same manner as Mr. Lei Jun. Consequently, Mr. Lei Jun is deemed to have an interest in 90,000,000 shares under the terms of this voting rights deed.