Core Insights - The company reported a revenue of RMB 2.163 billion for Q3 2025, representing a year-on-year increase of 13.2% [1] - The net profit for Q3 2025 was RMB 775 million, showing a significant year-on-year increase of 67.2% [1] - The total number of paid enterprise clients reached 6.8 million, up 13.3% year-on-year [1] - The average monthly active users for Q3 2025 were 63.8 million, reflecting a year-on-year growth of 10.0% [1] Business Performance - The company achieved high-quality business growth in Q3 2025, with solid progress in user growth, commercialization, and AI technology implementation [1] - The recovery in enterprise recruitment demand contributed to accelerated revenue growth, while profit margins improved alongside steady user growth [1] - The company maintains its position as the largest online recruitment platform in China [1] AI Integration and Future Plans - The company is committed to integrating AI into its technology, products, and operations, aiming to enhance user experience and service capabilities [1] - Both job seekers and recruiters are expected to benefit from the AI initiatives [1] - The company is cautiously exploring the potential for AI recruitment to evolve into full-process management or delivery services in specific scenarios [1] Shareholder Returns - The company completed its annual dividend distribution in Q3, fulfilling its responsibility towards shareholder returns [1] Financial Efficiency - The net profit margin increased by 11.5 percentage points year-on-year, reaching a historical high [1] - The growth in revenue is supported by structural drivers such as user growth and improved commercialization rates [1] - The strong network effects and operational leverage contributed to enhanced market deployment efficiency [1]

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。 截至2025年9月30日止第三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9月30日止三 個月的未經審計合併業績（「2025年第三季度財務業績」）。 2025年第三季度財務業績乃根據不同於國際財務報告準則的美國公認會計準則編 製。 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 本文附表一為本公司於2025年11月18日（美國東部時間）刊發的有關2025年第三 季度財務業績的新聞稿全文，其中部分內容可能構成本公司的重大內幕消息。 1 本公告包含 ...

Core Insights - KANZHUN LIMITED, operating the BOSS Zhipin platform, reported strong business growth in Q3 2025, driven by user growth, revenue acceleration, and AI technology integration [3][4]. Financial Performance - Revenues for Q3 2025 reached RMB 2,163.3 million (US$ 303.9 million), marking a 13.2% increase from RMB 1,911.6 million in Q3 2024 [4][5]. - Revenue from online recruitment services to enterprise customers was RMB 2,146.8 million (US$ 301.6 million), up 13.6% from RMB 1,889.1 million in the same quarter last year [4][5]. - The number of paid enterprise customers increased by 13.3% year-on-year to 6.8 million [5]. - Average monthly active users rose by 10.0% to 63.8 million compared to 58.0 million in Q3 2024 [5]. Profitability Metrics - Income from operations surged by 108.1% to RMB 687.1 million (US$ 96.5 million) from RMB 330.2 million in Q3 2024 [8]. - Adjusted income from operations increased by 49.3% to RMB 903.5 million (US$ 126.9 million) from RMB 605.3 million in the same quarter last year [8]. - Net income for Q3 2025 was RMB 775.4 million (US$ 108.9 million), a 67.2% increase from RMB 463.8 million in Q3 2024 [9]. - Adjusted net income rose by 34.2% to RMB 991.8 million (US$ 139.3 million) from RMB 738.9 million in the same quarter last year [9]. Cost Management - Total operating costs and expenses decreased by 7.0% to RMB 1,476.2 million (US$ 207.4 million) from RMB 1,586.9 million in Q3 2024 [7]. - Share-based compensation expenses fell by 21.3% to RMB 216.4 million (US$ 30.4 million) from RMB 275.1 million in the same quarter last year [7]. Cash Flow and Financial Position - Net cash provided by operating activities was RMB 1,173.8 million (US$ 164.9 million), a 44.5% increase from RMB 812.3 million in Q3 2024 [12]. - The balance of cash and cash equivalents, short-term time deposits, and short-term investments was RMB 19,214.4 million (US$ 2,699.0 million) as of September 30, 2025 [14]. Shareholder Returns - The company completed its annual dividend distribution in Q3 2025, fulfilling its commitment to shareholder returns [3]. - A share repurchase program was extended for an additional 12 months, allowing for repurchases of up to US$ 250 million [15]. Future Outlook - For Q4 2025, the company expects total revenues to be between RMB 2.05 billion and RMB 2.07 billion, reflecting a year-on-year increase of 12.4% to 13.5% [16].

Financial Performance - Revenues for the third quarter of 2025 were RMB2,163.3 million (US$303.9 million), representing a year-on-year increase of 13.2% from RMB1,911.6 million in the same quarter of 2024[7] - Net income for the third quarter of 2025 was RMB775.4 million (US$108.9 million), reflecting a 67.2% increase from RMB463.8 million in the same quarter of 2024[11] - Adjusted net income for the third quarter of 2025 was RMB991.8 million (US$139.3 million), an increase of 34.2% from RMB738.9 million in the same quarter of 2024[11] - Operating income for the three months ended September 30, 2025, was RMB 687,123, a significant increase of 108.1% year-over-year[28] - Net income for the nine months ended September 30, 2025, reached RMB 2,041,165, up 80.5% compared to the same period in 2024[28] Customer Metrics - The number of paid enterprise customers increased by 13.3% year-on-year to 6.8 million, up from 6.0 million in the previous year[6] - Average monthly active users for the third quarter of 2025 reached 63.8 million, a 10.0% increase from 58.0 million in the same quarter of 2024[6] Cost and Expenses - Total operating costs and expenses decreased by 7.0% to RMB1,476.2 million (US$207.4 million) compared to RMB1,586.9 million in the same quarter of 2024[8] - Research and development expenses for the three months ended September 30, 2025, decreased to RMB 408,019, down 12.1% from RMB 464,151 in the same period of 2024[28] - Share-based compensation expenses for the three months ended September 30, 2024, were RMB 275,067,000, down from RMB 687,123,000 in the same period of 2023, indicating a decrease of about 60%[35] Cash and Assets - The balance of cash and cash equivalents as of September 30, 2025, was RMB19,214.4 million (US$2,699.0 million)[15] - Cash and cash equivalents as of September 30, 2025, amounted to RMB 4,698,085, reflecting a substantial increase from RMB 2,553,090 at the beginning of the year[31] - Total assets as of September 30, 2025, were RMB 24,156,544, an increase from RMB 19,310,672 as of December 31, 2024[31] Future Outlook - The company expects total revenues for the fourth quarter of 2025 to be between RMB2.05 billion and RMB2.07 billion, indicating a year-on-year increase of 12.4% to 13.5%[17] Earnings Per Share - The company reported a net income per ordinary share (diluted) of RMB 0.85 for the three months ended September 30, 2025, compared to RMB 0.52 in the same period of 2024[28] - The adjusted net income per ordinary share (diluted) for the three months ended September 30, 2024, was RMB 1.08, compared to RMB 0.82 in the same period of 2023, indicating a growth of approximately 32%[35] Historical Comparisons - For the three months ended September 30, 2024, the adjusted income from operations was RMB 605,250,000, representing a significant increase from RMB 330,183,000 in the same period of 2023, which is a growth of approximately 83%[35] - The net income for the nine months ended September 30, 2024, reached RMB 1,122,801,000, up from RMB 792,385,000 in the previous year, marking an increase of about 42%[35] - The adjusted net income attributable to ordinary shareholders for the three months ended September 30, 2024, was RMB 743,439,000, compared to RMB 468,372,000 in the same quarter of 2023, reflecting a growth of approximately 58%[35]

Core Insights - The news highlights the necessity for companies to pay for job postings on platforms like BOSS Zhipin, emphasizing that the payment is for recruitment efficiency rather than just the act of posting jobs [1][2] - Companies are increasingly opting to pay for higher visibility and access to a larger pool of candidates, reflecting a common business model in the internet industry [2][3] Group 1: Recruitment Dynamics - Companies are required to pay for job postings to gain access to a larger "traffic" of potential candidates, which allows for quicker and more effective recruitment [1][2] - The competition for basic positions such as receptionists and service staff is intense, necessitating the use of paid platforms to attract suitable candidates [1] Group 2: Cost Efficiency - The payment for job postings is viewed as a rational expenditure by companies, as they are essentially trading money for time and efficiency in the recruitment process [3] - Companies that frequently hire for multiple positions may find it more cost-effective to purchase a package deal for job postings rather than paying for individual listings [2]

Core Viewpoint - The "China's Top 100 Future Unicorns" list aims to identify and accelerate the growth of potential unicorn companies in China over the next decade, serving as a significant indicator of innovation in the economy [3][5]. Group 1: Historical Performance - Over 16 years, the list has recognized 1,302 companies, with 130 achieving IPOs, 106 being acquired by larger firms, and 188 becoming industry-leading unicorns [4][6]. - The annual "Future Unicorn Conference" has become a key event for emerging unicorns, providing networking and investment opportunities [4]. Group 2: Notable Companies - The list includes several well-known companies that have reached significant market valuations, such as Xiaomi, Meituan, and NIO, which were among the first to be recognized [7][8]. - A selection of companies that have recently become unicorns includes New Stone Unmanned Vehicles, which raised over $600 million in its D round, and Galaxy General, which secured 1.1 billion RMB in its A+ round [10][11]. Group 3: Future Prospects - The ongoing search for high-growth companies valued between $100 million and $1 billion is emphasized, with a call for nominations for the 2025 list [13]. - The initiative aims to celebrate not just valuation but also the intrinsic value of these emerging leaders in the business landscape [13].

Market Performance - The three major U.S. stock indices closed lower, with the Dow Jones down 0.84% at 46,912.3 points, the S&P 500 down 1.12% at 6,720.32 points, and the Nasdaq down 1.9% at 23,053.99 points [1] - Major tech stocks fell, with Nvidia and Tesla dropping over 3%, Intel, Amazon, and Meta down over 2%, and Microsoft down over 1% [1] - Popular Chinese concept stocks showed mixed results, with Xiaoma Zhixing down over 8%, Zai Ding Pharmaceutical down over 6%, and NIO down over 1%, while XPeng Motors rose over 9% and Baidu up over 3% [1] European Market - European stock indices also closed lower, with Germany's DAX down 1.29% at 23,740.38 points, France's CAC40 down 1.36% at 7,964.77 points, and the UK's FTSE 100 down 0.42% at 9,735.78 points [1] Commodity Prices - International precious metal futures generally declined, with COMEX gold futures down 0.20% at $3,984.80 per ounce and COMEX silver futures down 0.37% at $47.85 per ounce [1] - U.S. oil futures fell slightly, with the main contract down 0.12% at $59.53 per barrel and Brent crude down 0.08% at $63.47 per barrel [1] Currency and Bond Markets - The U.S. dollar index decreased by 0.45% to 99.70, while the offshore RMB appreciated against the dollar by 104 basis points to 7.1209 [1] - U.S. Treasury yields collectively fell, with the 2-year yield down 7.20 basis points to 3.553% and the 10-year yield down 7.60 basis points to 4.083% [1] - European bond yields also declined, with the UK 10-year yield down 2.9 basis points to 4.432% and Germany's 10-year yield down 2.3 basis points to 2.648% [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 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） 呈交日期: 2025年11月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02076 | 說明 | A類普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,800,000,000 | USD | | 0.0001 | USD | | 180,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 1,800,000,000 | USD | | ...

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。 本公司管理層將於美國東部時間2025年11月18日（星期二）上午7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。 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。這 些信息將使參會者立即獲得電話會議的訪問權限。參會者可以在任何時候預先註 冊，包括電話會議開始時間之前及之後。 參會者在線註冊： 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 11月18日（星期二）舉行董事會會議，藉以（其中包括）審議及批准 ...

Core Viewpoint - KANZHUN LIMITED, operating the BOSS Zhipin platform, will report its unaudited consolidated results for Q3 2025 on November 18, 2025, before the U.S. market opens [1] Group 1: Financial Reporting - The unaudited consolidated results for the third quarter ended September 30, 2025, will be announced before the U.S. market opens on November 18, 2025 [1] - A conference call to discuss the results will be held on November 18, 2025, at 8:00 PM Beijing Time [1] Group 2: Conference Call Details - Participants must pre-register for the conference call via a provided link to receive dial-in numbers and a unique personal PIN [2] - Pre-registration is available at any time, including up to and after the call start time [2] Group 3: Company Overview - KANZHUN LIMITED operates BOSS Zhipin, a leading online recruitment platform in China, facilitating efficient connections between job seekers and enterprises [4] - The platform promotes two-way communication and intelligent recommendations, enhancing the online recruiting process [4] - BOSS Zhipin benefits from a large and diverse user base, creating powerful network effects that drive recruitment efficiency and rapid expansion [4]