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。 KANZHUN LIMITED 看準科技有限公司 （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） （納斯達克股份代碼：BZ） 內幕消息 截至2025年6月30日止第二季度的未經審計財務業績 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.09條及《證券及期 貨條例》（香港法例第571章）第XIVA部刊發。 看準科技有限公司（「本公司」）欣然公佈根據美國證券交易委員會（「美國證監會」） 的適用規則刊發的本公司、其附屬公司及合併聯屬實體截至2025年6月30日止三 個月的未經審計合併業績（「2025年第二季度財務業績」）。 創始人、董事長兼首席執行官 趙鵬先生 香港，2025年8月20日 於本公告日期，本公司董事會包括執行董事趙鵬先生、陳旭先生、張宇先生、張 濤先生及王燮華女士，非執行董事余海洋先生，以及獨立非執行董事孫永剛先 生、李延先生及劉虹瑜女士。 2025年第二 ...

Core Insights - KANZHUN LIMITED, a leading online recruitment platform in China, reported strong financial results for the second quarter of 2025, highlighting significant user growth and operational efficiency improvements [1][3]. Financial Performance - Revenues for Q2 2025 reached RMB 2,102.4 million (US$ 293.5 million), marking a 9.7% increase from RMB 1,916.7 million in Q2 2024 [6][7]. - Net income for Q2 2025 was RMB 711.2 million (US$ 99.3 million), a 70.4% increase from RMB 417.3 million in Q2 2024 [10]. - Adjusted net income for Q2 2025 was RMB 940.9 million (US$ 131.3 million), reflecting a 30.9% increase from RMB 718.7 million in Q2 2024 [10]. User Growth and Engagement - The total number of paid enterprise customers increased by 10.2% to 6.5 million in the twelve months ending June 30, 2025, compared to 5.9 million in the previous year [6]. - Average monthly active users rose to 63.6 million in Q2 2025, a 16.5% increase from 54.6 million in Q2 2024 [6]. Cost Management - Total operating costs and expenses decreased by 7.2% to RMB 1,454.4 million (US$ 203.0 million) in Q2 2025, down from RMB 1,566.6 million in Q2 2024 [8]. - Sales and marketing expenses fell by 23.0% to RMB 419.9 million (US$ 58.6 million) in Q2 2025, primarily due to reduced advertising and marketing costs [15]. Shareholder Returns - The board approved an annual cash dividend of approximately US$ 80 million, with a dividend of US$ 0.084 per ordinary share [19][20]. - A share repurchase program of up to US$ 250 million was also announced, extending the existing program through August 28, 2026 [21]. Future Outlook - For Q3 2025, the company expects total revenues to be between RMB 2.13 billion and RMB 2.16 billion, representing a year-on-year increase of 11.4% to 13.0% [22].

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]

Core Viewpoint - The Nasdaq China Golden Dragon Index has seen an increase of 0.93%, indicating a positive trend in the Chinese tech sector [1] Company Performance - Tencent Music has experienced a significant rise, with shares increasing by over 14% [1] - Qifu Technology's stock has risen by more than 3% [1] - BOSS Zhipin's shares have increased by over 1% [1] - Xiaoma Zhixing has seen a decline, with shares dropping by more than 6% [1] - Bilibili's stock has decreased by over 2% [1]

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]