Beijing Kingsoft Office Software, Inc.

Who owns Kingsoft Office?
Beijing Kingsoft Office Software, Inc. is a public company controlled by Kingsoft Corporation Limited, listed in Hong Kong as 3888. Public shareholders hold the remaining float on the Shanghai STAR Market.

Is Kingsoft Office publicly traded?
Yes. The company trades on the Shanghai Stock Exchange STAR Market under ticker 688111, having listed in November 2019.

When was Kingsoft Office founded?
The company was incorporated in 2011 when Kingsoft's office software business was reorganized. Its product lineage traces to WPS 1.0 in 1989, written by Qiu Bojun.

What is Kingsoft Office's revenue?
Fiscal 2025 revenue was RMB 5.93 billion, approximately $824 million, up 15.78 percent. Trailing twelve-month revenue through September 2026 reached RMB 6.83 billion.

Where is Kingsoft Office headquartered?
Operational headquarters are in the Kingsoft Software Group Building, 33 Xiaoying West Road, Haidian District, Beijing. Registered filings also list a domicile in Chongqing.

How does Kingsoft Office relate to Xiaomi?
Both companies are associated with Lei Jun, who chairs Kingsoft Corporation and founded Xiaomi. Kingsoft Office is a separately listed company and is not a Xiaomi subsidiary.

The business predates the company by two decades. WPS began in 1988 at Kingsoft in Zhuhai, where programmer Qiu Bojun wrote the original Word Processing System largely alone. WPS 1.0 shipped in 1989 and became China's dominant word processor through the early 1990s.

Microsoft's arrival dismantled that dominance. A 1996 interoperability agreement with Word, followed by Office 95 and Windows, pushed WPS to the margins. Kingsoft survived through games and other software while keeping the office product alive.

The modern suite was rebuilt in the 2000s for close Microsoft Office file compatibility, sustained by Chinese government and enterprise licensing and a free consumer version. Beijing Kingsoft Office Software, Inc. was incorporated in 2011 when the office business was reorganized as a distinct company within the Kingsoft group.

Mobile distribution transformed the business in the 2010s. Free WPS Office apps for Android and iOS reached hundreds of millions of devices, converting a legacy license business into a mass-market freemium platform.

The company listed on the Shanghai Stock Exchange STAR Market in November 2019 under ticker 688111, among the technology board's early large IPOs. The listing gave the company capital for cloud, collaboration, and AI investment.

Through the 2020s the company shifted revenue mix toward subscriptions. WPS Personal membership revenue, WPS 365 institutional subscriptions, and legacy licensing now form three reported segments. The WPS AI launch added AI writing, reading, data, and design assistants across the suite.

Fiscal 2025 produced revenue of RMB 5.93 billion, up 15.78 percent, with net income of RMB 1.84 billion. The first nine months of 2026 delivered RMB 5.08 billion in revenue, up 21.57 percent, with attributable net profit of RMB 2.64 billion lifted partly by investment returns.

The company has faced scrutiny typical of large Chinese software firms. India banned WPS Office in 2020 along with other Chinese apps on national security grounds. In 2022 a publicized user complaint about document access prompted debate over content scanning, which the company addressed by stating it does not arbitrarily review user documents. A 2023 regulatory order referenced required privacy practice corrections, which the company remediated. No product recall or financial restatement has been recorded.