United States securities and exchange commission logo
August 25, 2023
Thomas Ren
Chief Financial Officer
Cheetah Mobile Inc.
Building No. 11
Wandong Science and Technology Cultural Innovation Park
No.7 Sanjianfangnanli, Chaoyang District
Beijing 100024
People s Republic of China
Re: Cheetah Mobile Inc.
Form 20-F for the
Fiscal Year Ended December 31, 2022
Filed April 18,
2023
File No. 001-36427
Dear Thomas Ren:
We have reviewed your August 21, 2023 response to our comment
letter and have the
following comments. In some of our comments, we may ask you to provide
us with information
so we may better understand your disclosure.
Please respond to these comments within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe our
comments apply to your facts and circumstances, please tell us why in
your response.
After reviewing your response to these comments, we may have
additional
comments. Unless we note otherwise, our references to prior comments are
to comments in our
July 11, 2023 letter.
Form 20-F for the Year Ended December 31, 2022
Item 3. Key Information
Our Holding Company and Contractual Arrangements with the Consolidated
Variable Interest
Entities, page 3
1. Please address the
following as it relates to your response to prior comment 4:
Tell us the names
of the relevant Hong Kong operating entities referenced in your
response.
Provide the names
of the nominee shareholders and their percentage ownership in
each Hong Kong
operating entity.
Thomas Ren
Cheetah Mobile Inc.
August 25, 2023
Page 2
Provide us with an English translated copy of a deed and identify
the specific terms
of such deed that provide the Hong Kong Beneficial Owners with the
power to direct
the activities that most significantly impact the relevant Hong Kong
operating entities
economic performance and obtain the ability to approve decisions
made by the
relevant Hong Kong operating entities.
Tell us your consideration to file a copy of such deed as an
Exhibit to your filing.
Refer to Item 4 of the Instructions as to Exhibits of Form 20-F
Risk Factors, page 10
2. We note your proposed disclosure revisions in response to prior comment
1. Please
provide us with the revised disclosures to your risk factors where you
will discuss how
Hong Kong law differs from PRC law and any risks and consequences to the
company
associated with those laws.
Notes to Consolidated Financial Statements
Note 1. Organization and Principal Activities, page F-14
3. We note from your response to prior comment 10 that certain entities
listed in your
corporate diagram are intermediate holding companies with no material
operations and
therefore were excluded from your disclosures here. Please explain
further why Cheetah
Mobile Calls Hong Kong Limited is excluded from this disclosure
particularly considering
they are a Hong Kong Beneficial Owner that holds the deeds of nominee to
Hong Kong
operating entities as indicated in your response to comment 4.
General
4. We will consider your responses to prior comments 13 - 15 when provided.
You may contact David Edgar, Senior Staff Accountant, at (202) 551-3459
or Kathleen
Collins, Accounting Branch Chief, at (202) 551-3499 with any questions.
Sincerely,
FirstName LastNameThomas Ren
Division of
Corporation Finance
Comapany NameCheetah Mobile Inc.
Office of
Technology
August 25, 2023 Page 2
cc: Sheryl (Xuyang) Zhang
FirstName LastName