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Corporate Overview

What is Kanzhun Limited’s business?

Kanzhun Limited operates BOSS Zhipin, the largest online recruitment platform in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive platform.

What is Kanzhun Limited’s business model and what are its competitive advantages?

Kanzhun Limited has pioneered the “direct recruitment model” that captures the essence of real-world recruitment by innovatively embedding two-way communication and double-sided recommendation into the online recruitment process on a mobile-native platform. Kanzhun Limited was the first in China to adopt the direct recruitment model for the online recruitment industry. Our innovative business model was fundamentally different from other existing business models at its inception and has since transformed the online recruitment industry and user behavior in China, while also further strengthening our moat built on the scale of our double-sided network and technological barriers.

What is Kanzhun Limited’s core product, and in which markets does it operate?

Kanzhun Limited mainly operates BOSS Zhipin, an online recruitment platform, and conducts its business primarily in mainland China.

Where is Kanzhun Limited’s corporate headquarters located?

GrandyVic Building, Taiyanggong Middle Road, Chaoyang District,
Beijing 100020
People’s Republic of China
Website: https://ir.zhipin.com

Stock and Trading

On which exchange is Kanzhun Limited’s stock traded, and what is the ticker symbol?

On June 11, 2021, Kanzhun Limited’s American Depositary Shares (ADSs) were listed on the Nasdaq Global Market under the symbol “BZ.”
On December 22, 2022, Kanzhun Limited successfully completed its dual-primary listing on the Main Board of the Hong Kong Stock Exchange under the stock code “2076.”
 

How many of Kanzhun Limited’s ordinary shares does one American Depositary Share ("ADS") of the Company represent?

Each ADS of Kanzhun Limited represents two Class A ordinary shares.

How can I convert Kanzhun Limited’s ADSs into Hong Kong ordinary shares, and vice versa?

If a shareholder wishes to convert ADSs acquired in the secondary market into Hong Kong ordinary shares, this conversion can be processed directly through the shareholder’s broker.
Conversely, if a shareholder wants to convert Hong Kong ordinary shares into ADSs, this can also be initiated through the shareholder’s broker.
For any issues encountered during the conversion process, please contact us at ir@kanzhun.com.
 

How does Kanzhun Limited intend to use its proceeds from the share offers?

Kanzhun Limited plans to use the net proceeds from the share offers for investment in technology infrastructure and R&D to upgrade our platform’s service offerings and improve technology capabilities in areas such as Artificial Intelligence and big data analytics; marketing activities to drive user growth and expand into a wider user base and more geographical markets; exploration of new product and service offerings; and general corporate purposes.

Financial Performance

How does Kanzhun Limited generate revenue? What are its primary revenue sources?

For enterprise users, Kanzhun Limited mainly offers direct recruitment services that allow them to post jobs and communicate with job seekers. These services can be free or paid based on an innovative connection-oriented monetization strategy, supplemented by paid value-added tools that further enhance recruitment efficiency as part of our overall recruitment services to enterprise users.

Where can I find Kanzhun Limited historical financial results?

You may click “Financial & Reports” on this website, or refer to the HKEXnews website and the SEC website to access the Company’s historical financial results.

When does Kanzhun Limited's fiscal year end?

Kanzhun Limited’s fiscal year ends on December 31.

Strategy and Growth

What is Kanzhun Limited’s long-term growth strategy?

The Company will further expand the platform’s reach across different user groups, industries and regions; broaden the scope of the platform’s services and offer more services; continue to invest in technological innovation and deepen data insights; and further strengthen the security of our technology infrastructure to safeguard our users.

What role do technology capabilities play in Kanzhun Limited business model?

Our technology capabilities drive the continuous iteration of our models and optimize recommendation and matching effectiveness, thereby improving recruitment and job search efficiency and user experience, while maintaining the Company’s technological competitiveness at the forefront of the industry.

Shareholder Returns and Investor Communications

Does Kanzhun Limited have a shareholder return plan?

The Company expects to allocate no less than 50% of the Company’s adjusted net income (a non-GAAP financial measure) of the preceding fiscal year for distribution of dividends under the annual dividend policy and share repurchases for each of the next three years starting from 2026.

How can I inquire about Kanzhun Limited’s disclosures and public information, request a meeting, or provide suggestions?

You may contact us directly via email at ir@kanzhun.com or leave a message through the “Investor Resources – IR Contacts” section on this website.

How can I subscribe to Kanzhun Limited’s investor relations information and announcement alerts?

You may click “Investor Resources – Email Alerts” on this website to subscribe to the Company’s investor relations information and announcement alerts.

Reports and Filings

How can I obtain a copy of Kanzhun Limited’s Annual Report?

You may click “Annual Reports” on this website to access copies of Kanzhun Limited’s annual reports. All SEC and HKEX documents are also accessible online through the SEC and HKEX Filings pages respectively.

How does Kanzhun Limited disseminate its Corporate Communications for the Hong Kong Stock Exchange? How do I request hard copies?

Pursuant to Rule 2.07A of the Rules Governing The Listing of Securities on the Hong Kong Stock Exchange (the “Listing Rules”), in relation to the expansion of the paperless listing regime and electronic dissemination of corporate communications that came into effect on December 31, 2023, and the articles of association of Kanzhun Limited, the Company has adopted electronic dissemination of corporate communications1 (the “Corporate Communications”).

The English and Chinese versions of all Corporate Communications will be available electronically on the Company’s website at ir.zhipin.com and the HKEXnews website at www.hkexnews.hk

Shareholders of the Company (“Shareholders”) who wish to receive instant notifications of the publication of the Company’s Corporate Communications may subscribe to electronic alerts, such as the free News Alert service on the website of the Hong Kong Stock Exchange.

ACTIONABLE CORPORATE COMMUNICATIONS2 
The Company will send Actionable Corporate Communications to its registered Shareholders individually in electronic form by email. If the Company does not possess the email address of a registered Shareholder or the email address provided by a registered Shareholder is not functional (for instance, if the Company receives a “non-delivery message”), the Company will send the Actionable Corporate Communications in printed form in accordance with the Listing Rules.

PROVISION OF EMAIL ADDRESS 
Registered Shareholders are kindly requested to provide their email addresses by reasonable notice in writing. In this regard, registered Shareholders may complete and sign the provided reply form (the “Reply Form”) and return it by mail to the Company’s Hong Kong share registrar (the “Share Registrar”), Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong Kong, or by email at KANZHUN.ecom@computershare.com.hk.

REQUEST FOR PRINTED COPY 
Shareholders who wish to receive a printed version of Corporate Communications, or who have difficulty gaining access to the Company’s website and/or the HKEXnews website, may request in writing to receive Corporate Communications in printed form free of charge, by completing and signing the Reply Form and returning it by mail to the Share Registrar, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong Kong, or by email at KANZHUN.ecom@computershare.com.hk.

If you are a registered Shareholder, please complete and sign the applicable Reply Form below: 
Reply Form for Registered Shareholders

If you are a non-registered Shareholder, please complete and sign the applicable Reply Form below: 
Reply Form for Non-Registered Shareholders

Please note that any request by a Shareholder for printed copies of Corporate Communications will be valid for one year from the receipt date of instruction, or until the instruction is revoked or superseded (whichever is earlier). Further request in writing to the HK Share Registrar will be required if a Shareholder prefers to continue receiving printed copies of future Corporate Communications. 

PERSONAL INFORMATION COLLECTION STATEMENT 
“Personal Data” in this statement has the same meaning as “personal data” in the Personal Data (Privacy) Ordinance, Chapter 486 of the Laws of Hong Kong (“PDPO”), which may include but is not limited to your name, contact telephone number, email address and mailing address.

Your supply of Personal Data is on a voluntary basis for the purpose of receiving Corporate Communications in the manner chosen. Your Personal Data will be retained for such period as may be necessary for the Share Registrar’s verification and record purposes.

You have the right to request access to and/or correction of your Personal Data in accordance with the provisions of the PDPO. Any such request for access to and/or correction of your Personal Data should be in writing, by mail to: 
Hong Kong Privacy Officer 
Computershare Hong Kong Investor Services Limited 
17M Floor, Hopewell Centre, 
183 Queen’s Road East, 
Wan Chai, Hong Kong

or by email at: PrivacyOfficer@computershare.com.hk

1. “Corporate Communications” refers to any documents issued or to be issued by the Company for the information or action of holders of any of its securities or the investing public, including but not limited to (a) the directors’ report, its annual accounts together with a copy of the auditor’s report and, where applicable, its summary financial report; (b) the interim report and, where applicable, its summary interim report; (c) a notice of meeting; (d) a listing document; (e) a circular; and (f) a proxy form. 
2. “Actionable Corporate Communications” refers to any corporate communications that seek instructions from the Company’s securities holders on how they wish to exercise their rights or make an election as the Company’s securities holder. For the avoidance of doubt, the notice of the general meeting and the form of proxy are not included.

Auditor, Counsel and Depositary Bank

Who is Kanzhun Limited’s independent auditor?

PricewaterhouseCoopers Zhong Tian LLP

Who is Kanzhun Limited’s US and Hong Kong legal counsel?

Skadden, Arps, Slate, Meagher & Flom LLP

Who is Kanzhun Limited’s depositary bank for ADSs?

Citibank, N.A.