PR Newswire
BEIJING, Sept. 4, 2018
BEIJING, Sept. 4, 2018 /PRNewswire/ -- Cheetah Mobile Inc.
(NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with strong global vision, today announced
the Company has been made aware of a rumor in the market that the management of the Company is contemplating a going-private
transaction to take the Company private. The Company wishes to dispel this rumor and confirm that the board of directors and
management team of the Company have no intention to engage in such transaction. The Company is fully committed to its public
shareholders and intend to continue to operate the Company as a public company.
About Cheetah Mobile Inc.
Cheetah Mobile is a leading mobile Internet company with strong global vision. It has attracted hundreds of millions of
monthly active users through its mobile utility products such as Clean Master and Cheetah Keyboard, casual games such as Piano
Tiles 2, and live streaming product Live.me. The Company provides its advertising customers, which include direct advertisers and
mobile advertising networks through which advertisers place their advertisements, with direct access to highly targeted mobile
users and global promotional channels. The Company also provides value-added services to its mobile application users through the
sale of in-app virtual items on selected mobile products and games. Cheetah Mobile is committed to leveraging its cutting-edge
artificial intelligence technologies to power its products and make the world smarter. It has been listed on the New York Stock
Exchange since May 2014.
Safe Harbor Statement
This press release contains forward-looking statements. These statements, including management quotes and business
outlook, constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "estimates" and similar statements. Such statements involve inherent risks and uncertainties. A number
of factors could cause actual results to differ materially from those contained in the forward-looking statements, including but
are not limited to the following: Cheetah Mobile's growth strategies; Cheetah Mobile's ability to retain and increase its user
base and expand its product and service offerings; Cheetah Mobile's ability to monetize its platform; Cheetah Mobile's future
business development, financial condition and results of operations; competition with companies in a number of industries
including internet companies that provide online marketing services and internet value-added services; expected changes in
Cheetah Mobile's revenues and certain cost or expense items; and general economic and business condition globally and in
China. Further information regarding these and other risks is included in Cheetah Mobile's filings with the U.S. Securities
and Exchange Commission. Cheetah Mobile does not undertake any obligation to update any forward-looking statement as a
result of new information, future events or otherwise, except as required under applicable law.
Investor Relations Contact
Cheetah Mobile Inc.
Helen Jing Zhu
Tel: +86 10 6292 7779 ext. 1600
Email: helenjingzhu@cmcm.com
ICR Inc.
Jack Wang
Tel: +1 (646) 417-5395
Email: IR@cmcm.com
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SOURCE Cheetah Mobile
