Core Viewpoint - The A-share market has surpassed 3700 points, reaching a new high since October 2020, indicating the onset of a "slow bull market" where investors focus more on long-term value rather than short-term growth strategies [1] Company Developments - BOSS Zhipin's stock price has been steadily rising, with its Hong Kong stock reaching a one-and-a-half-year high of 88 HKD. The company's founder, Zhao Peng, emphasized the importance of early action in accumulating a dual-sided network effect between recruiters and job seekers, enhancing platform efficiency and creating a deeper competitive moat [1] - BOSS Zhipin launched a public offering of 30 million Class A ordinary shares, representing 3.2% of the total share capital post-issuance [3] - The recent share issuance is notable for including 10% (3 million shares) allocated to individual investors, contrasting with typical institutional placements. The international offering was oversubscribed by more than three times, attracting many high-quality long-term investors [5] Financial Performance - For Q1 2025, BOSS Zhipin reported revenues of 1.923 billion CNY and a net profit of 512 million CNY. The number of paid enterprise clients reached 6.4 million [5] - Contrary to common perceptions, nearly 99% of BOSS Zhipin's revenue comes from enterprise recruitment fees, with only 1% derived from job seeker payments [5] Strategic Focus - The company is concentrating on two key markets: the blue-collar sector and AI technology. Zhao Peng stated that focusing on a few correct initiatives can enhance operational certainty amid increasing uncertainties [5] - The blue-collar market has become a significant growth driver, contributing 39% of the company's revenue in Q1 2025, with over 45% of new users from this demographic [6] - BOSS Zhipin has initiated the "Sea Conch Preferred" program to ensure job authenticity for blue-collar positions, leading to steady growth in key metrics [6] Technological Advancements - BOSS Zhipin is investing in AI technology, utilizing models like DeepSeek-R1 and its proprietary "Nanbei Pavilion" model to enhance business applications and user engagement [9] - The AI tools improve matching accuracy for employers and provide personalized services for job seekers, with a reported 25% efficiency increase for recruiters using the AI Agent service [9] - AI integration has also improved safety and risk identification processes, increasing review efficiency by 30% [9] - The average monthly active users (MAU) reached 57.6 million in Q1 2025, with over 15 million new users added from January to April 2025 [9]

Core Insights - The application of AI in recruitment is no longer a distant concept but is creating actual value in the industry [1] - AI is revolutionizing efficiency in resume screening and initial interviews, indicating significant potential for future business models in recruitment platforms [1] - Leading Chinese recruitment platforms are rapidly integrating AI into their products to seize technological advancements [1][4] Group 1: AI's Impact on Recruitment - AI is particularly effective in recruitment due to the language-intensive, structured, and high-throughput nature of the industry [1][2] - The most significant impacts of AI are observed in early recruitment stages, such as job definition, resume screening, candidate search, and first-round interviews [3] - AI's penetration in later stages, like final interviews and hiring decisions, remains challenging due to the reliance on human judgment [3] Group 2: Competitive Landscape - Leading platforms like Boss Zhipin, Liepin, and Zhilian are actively deploying AI tools, including AI assistants and structured interview products [4] - Boss Zhipin is testing an AI assistant for pre-interview stages, while Liepin has launched AI tools for candidate screening and communication [4] - Zhilian is implementing AI assistants in candidate interaction and has introduced AI interviewers for mass initial screenings [4] Group 3: Advantages of AI Interviewers - AI interviewers are seen as a cutting-edge application with a near-perfect product-market fit, focusing on language processing and structured workflows [4] - The automation of initial screenings reduces manual workload and shortens recruitment cycles, especially in high-volume scenarios like campus and blue-collar recruitment [5] - AI enhances objectivity and consistency in evaluations by processing multimodal information, thus minimizing human bias [5] Group 4: Future Outlook - AI-enabled recruitment platforms are expected to expand beyond current business boundaries into broader human resource service markets as technology matures and data accumulates [6]

周二，热门中概股盘中走强，腾讯音乐(TME.US)涨超12%，奇富科技(QFIN.US)涨超6%，BOSS直聘 (BZ.US)、京东(JD.US)、网易(NTES.US)涨超2%。消息面上，今早，中美斯德哥尔摩经贸会谈联合声明 发布，双方同意：自2025年8月12日起再次暂停实施24%的关税90天，同时保留按该行政令规定对这些 商品加征的剩余10%的关税。 ...

Core Viewpoint - Chinese concept stocks experienced a significant increase in trading, with Tencent Music rising over 12% and Qifu Technology increasing over 6% following the announcement of a joint statement from the US-China Stockholm Economic and Trade Talks [1] Group 1: Stock Performance - Tencent Music (TME.US) saw a rise of over 12% [1] - Qifu Technology (QFIN.US) increased by over 6% [1] - Other notable stocks included BOSS Zhipin (BZ.US), JD.com (JD.US), and NetEase (NTES.US), each rising by over 2% [1] Group 2: Economic Policy Announcement - A joint statement from the US-China Stockholm Economic and Trade Talks was released, indicating that from August 12, 2025, the implementation of a 24% tariff will be suspended for 90 days [1] - The statement also mentioned that the remaining 10% tariffs on these goods will still be subject to the provisions of the existing executive order [1]

Group 1 - BOSS Zhipin's stock price increased by 2.27% to $21.58 per share, with a total market capitalization of $10.312 billion as of August 12 [1] - For the fiscal year ending March 31, 2025, BOSS Zhipin reported total revenue of 1.923 billion RMB, representing a year-on-year growth of 12.88%, and a net profit attributable to shareholders of 518 million RMB, reflecting a significant increase of 111.53% [1] - The company is scheduled to disclose its fiscal year 2025 mid-term report on August 20, 2023, before the market opens [1] Group 2 - Founded in 2014, BOSS Zhipin is currently the largest online recruitment platform in China by average monthly active users (MAU) [2] - The company introduced a disruptive "direct hiring" model that facilitates instant communication between employers and job seekers through its mobile application, supported by advanced AI algorithms and big data insights [2] - BOSS Zhipin's operational philosophy emphasizes respect for job seekers and aims to enhance user experience by providing efficient, direct, and convenient recruitment processes [2] - The company's unique model, strong technological capabilities, and accumulated vast data create sustainable barriers in the industry, paving the way for further scalable growth [2]

格隆汇8月12日｜纳斯达克中国金龙指数涨幅进一步扩大至0.93%。腾讯音乐涨超14%，奇富科技涨超 3%，BOSS直聘涨超1%；小马智行跌超6%，哔哩哔哩跌超2%。 ...

Group 1 - BOSS Zhipin (BZ) opened at $20.53 per share, up 2.09%, with a trading volume of $116 million and a total market capitalization of $9.81 billion as of August 8 [1] - As of March 31, 2025, BOSS Zhipin reported total revenue of 1.923 billion RMB, a year-on-year increase of 12.88%, and a net profit attributable to shareholders of 518 million RMB, reflecting a significant year-on-year growth of 111.53% [1] Group 2 - BOSS Zhipin is set to disclose its fiscal year 2025 mid-term report on August 27, with the actual disclosure date subject to company announcements [2] - Founded in 2014, BOSS Zhipin is currently the largest online recruitment platform in China by average monthly active users (MAU) [2] - The company has pioneered a disruptive "direct hiring" model in the Chinese online recruitment industry, facilitating instant communication between employers and job seekers through its mobile-native application [2] - BOSS Zhipin's operational philosophy emphasizes respect for job seekers, providing them with greater autonomy during the job search process [2] - The company's unique model, strong technological capabilities, and vast data accumulation are expected to create sustainable barriers in the industry and drive further scalable growth [2]

Core Viewpoint - KANZHUN LIMITED, operating the BOSS Zhipin platform, will report its unaudited consolidated results for Q2 2025 on August 20, 2025, before U.S. market opens [1] Group 1: Company Overview - KANZHUN LIMITED operates BOSS Zhipin, a leading online recruitment platform in China, facilitating efficient connections between job seekers and enterprises through a highly interactive mobile app [4] - The platform promotes two-way communication and intelligent recommendations, enhancing the online recruiting process and driving rapid expansion due to its large and diverse user base [4] Group 2: Conference Call Details - A conference call to discuss the Q2 results will take place on August 20, 2025, at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time) [1] - Participants must pre-register for the conference call to receive dial-in numbers and a unique personal PIN for access [2]

格隆汇8月8日丨BOSS直聘-W(02076.HK)宣布，公司将于2025年8月20日举行董事会会议，藉以（其中 包括）批准公司及其附属公司截至2025年6月30日止六个月的中期业绩和有关公告。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立以同股不同權控制的有限責任公司） （股份代號：2076） （納斯達克股票代碼：BZ） 董事會會議通告 看準科技有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將於2025年 8月20日（星期三）舉行董事會會議，藉以（其中包括）審議及批准(i)本公司截至 2025年6月30日止三個月的未經審計財務業績及其發佈；以及(ii)本公司截至2025 年6月30日止六個月的未經審計中期業績及其發佈。 本公司管理層將於美國東部時間2025年8月20日（星期三）上午8時正或於同日北 京╱香港時間下午8時正舉行業績電話會議。電話會議的網絡直播及回放可於本 公司投資者關係網站 https://ir.zhipin.com 收聽。 KANZHUN LIMITED 對於希望參加電話會議的參會者，請使用下面提供的鏈接完成在線註冊。完成註 冊後，參會者將收到一封電子郵件，其中包含撥入號碼和唯一訪問登記編號 ...