Core Viewpoint - KANZHUN LIMITED has announced an annual dividend policy, intending to declare and distribute dividends each year based on the company's financial performance and other relevant factors [1][4]. Dividend Announcement - The Board has approved an annual cash dividend of US$0.084 per ordinary share, or US$0.168 per ADS, with a total payout of approximately US$80 million, funded by surplus cash [2]. - The record date for holders of ordinary shares and ADSs is October 8, 2025, with ex-dividend dates set for October 6, 2025, and October 8, 2025, respectively [2][3]. - Payment dates are expected to be around October 16, 2025, for ordinary shares and October 23, 2025, for ADS holders [3]. Company Background - KANZHUN LIMITED operates the BOSS Zhipin platform, a leading online recruitment service in China, facilitating efficient connections between job seekers and enterprises through a highly interactive mobile app [6]. - The platform leverages a large and diverse user base to create powerful network effects, enhancing recruitment efficiency and driving rapid expansion [6].

Core Viewpoint - BOSS Zhipin (02076) reported strong financial performance for the second quarter ending June 30, 2025, with total revenue of 2.102 billion RMB, a year-on-year increase of 9.69%, and a net profit attributable to shareholders of 716 million RMB, up 69.87% [1][2] Financial Performance - Total revenue for the second quarter was 2.102 billion RMB, reflecting a 9.69% increase compared to the same period in 2024 [1] - Net profit attributable to shareholders reached 716 million RMB, marking a significant year-on-year growth of 69.87% [1] - Basic earnings per share were reported at 0.81 RMB [1] Business Growth - Online recruitment service revenue from corporate clients was 2.078 billion RMB, up 9.8% from 1.893 billion RMB in the same quarter of 2024, driven by an increase in paying corporate clients [1] - The total number of paying corporate clients reached 6.5 million, a 10.2% increase from 5.9 million in the previous year [1] - Average monthly active users for the second quarter were 63.6 million, representing a 16.5% increase from 54.6 million in the same quarter of 2024 [1] Strategic Initiatives - The company continues to enhance its user growth and engagement, with a focus on integrating AI across various domains to improve user experience and operational efficiency [1] - The board approved an annual dividend policy amounting to approximately 80 million USD and announced a share buyback plan of up to 250 million USD to enhance shareholder returns [2] - The CFO highlighted the effective business model and cost control strategies that contributed to high-quality growth in both revenue and profit margins [2]

Core Insights - The company reported Q2 2025 revenue of 2.102 billion RMB, representing a year-on-year growth of 9.7% [2] - Operating profit significantly increased by 81.6% year-on-year to 651 million RMB [2] - Net profit rose by 70.4% year-on-year to 711 million RMB [2] - Adjusted net profit grew by 30.9% year-on-year to 941 million RMB [2] - The number of paid enterprise clients reached 6.5 million, a 10.2% increase year-on-year [2] - Average monthly active users in Q2 were 63.6 million, reflecting a year-on-year growth of 16.5% [2] - Operating cash flow net amount was 1.052 billion RMB, up 21.1% year-on-year [2] - The board approved an annual dividend policy with a total dividend of approximately 80 million USD for the year [2] - A share repurchase plan of up to 250 million USD was approved, extended to August 2026 [2] - The company completed a sale of 34.5 million shares in July, raising approximately 2.2 billion HKD [2] Business Outlook - The company expects Q3 2025 revenue to be between 2.13 billion and 2.16 billion RMB, indicating a year-on-year growth of 11.4% to 13.0% [1]

EF001 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 其他信息 不適用 發行人董事 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。 第 2 頁 共 2 頁 v 1.1.1 EF001 免責聲明 | 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的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 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的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 看準科技有限公司 | | 股份代號 | 02076 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 宣派年度股息 | | 公告日期 | 2025年8月20日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 其他 | | 年度股息 | | | 股息性質 | 普通股息 | | ...

[Highlights of Second Quarter 2025](index=1&type=section&id=Second%20Quarter%202025%20Highlights) KANZHUN LIMITED reported strong Q2 2025 results, driven by user growth, revenue and profitability increases, and enhanced shareholder returns * Maintained industry-leading user growth momentum, with a strengthening user ecosystem and decent growth in enterprise user engagement and paying customers[3](index=3&type=chunk) * Continued to advance the integration and application of AI across technology, products, and operations, achieving positive progress in user experience, commercial service capabilities, and platform efficiency[3](index=3&type=chunk) * The company is enhancing shareholder returns by approving an annual dividend policy with an initial dividend of approximately **US$80 million** and announcing a share repurchase plan of up to **US$250 million**[4](index=4&type=chunk) Q2 2025 Key Operational and Financial Metrics (YoY) | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | **Paid Enterprise Customers (TTM)** | 6.5 million | 5.9 million | +10.2% | | **Average Monthly Active Users (MAU)** | 63.6 million | 54.6 million | +16.5% | | **Revenues (RMB million)** | 2,102.4 | 1,916.7 | +9.7% | | **Income from Operations (RMB million)** | 651.2 | 358.6 | +81.6% | | **Adjusted Income from Operations (RMB million)** | 880.9 | 660.1 | +33.4% | | **Net Income (RMB million)** | 711.2 | 417.3 | +70.4% | | **Adjusted Net Income (RMB million)** | 940.9 | 718.7 | +30.9% | [Financial Results of Second Quarter 2025](index=2&type=section&id=Second%20Quarter%202025%20Financial%20Results) The company achieved **RMB 2,102.4 million** revenue, a **9.7% YoY increase**, driven by paid enterprise customer growth and improved profitability [Revenues](index=2&type=section&id=Revenues) Total revenues for Q2 2025 increased by **9.7% year-over-year** to **RMB 2,102.4 million**, primarily from online recruitment services to enterprise customers Q2 2025 Revenue Breakdown (YoY) | Revenue Source | Q2 2025 (RMB M) | Q2 2024 (RMB M) | YoY Growth | | :--- | :--- | :--- | :--- | | Online recruitment services | 2,077.6 | 1,892.7 | +9.8% | | Other services | 24.8 | 24.0 | +3.3% | | **Total Revenues** | **2,102.4** | **1,916.7** | **+9.7%** | [Operating Cost and Expenses](index=2&type=section&id=Operating%20cost%20and%20expenses) Total operating costs and expenses in Q2 2025 decreased by **7.2% year-over-year** to **RMB 1,454.4 million**, mainly due to reduced sales and marketing expenses Q2 2025 Operating Expenses Breakdown (YoY) | Expense Category | Q2 2025 (RMB M) | Q2 2024 (RMB M) | YoY Change | | :--- | :--- | :--- | :--- | | Cost of revenues | 307.5 | 316.5 | -2.8% | | Sales and marketing | 419.9 | 545.2 | -23.0% | | Research and development | 416.0 | 443.7 | -6.2% | | General and administrative | 311.0 | 261.2 | +19.1% | | **Total Operating Expenses** | **1,454.4** | **1,566.6** | **-7.2%** | [Income from Operations](index=2&type=section&id=Income%20from%20operations%20and%20adjusted%20income%20from%20operations) Income from operations for Q2 2025 surged by **81.6%** to **RMB 651.2 million**, with adjusted income from operations growing **33.4%** to **RMB 880.9 million** Q2 2025 Income from Operations (YoY) | Metric | Q2 2025 (RMB M) | Q2 2024 (RMB M) | YoY Growth | | :--- | :--- | :--- | :--- | | Income from Operations (GAAP) | 651.2 | 358.6 | +81.6% | | Adjusted Income from Operations (Non-GAAP) | 880.9 | 660.1 | +33.4% | [Net Income](index=3&type=section&id=Net%20income%20and%20adjusted%20net%20income) Net income for Q2 2025 increased by **70.4%** to **RMB 711.2 million**, while adjusted net income rose **30.9%** to **RMB 940.9 million** Q2 2025 Net Income (YoY) | Metric | Q2 2025 (RMB M) | Q2 2024 (RMB M) | YoY Growth | | :--- | :--- | :--- | :--- | | Net Income (GAAP) | 711.2 | 417.3 | +70.4% | | Adjusted Net Income (Non-GAAP) | 940.9 | 718.7 | +30.9% | [Earnings per ADS](index=3&type=section&id=Net%20income%20per%20American%20depositary%20share%20(ADS)%20and%20adjusted%20net%20income%20per%20ADS) Diluted net income per ADS increased to **RMB 1.58** in Q2 2025 from **RMB 0.91** in Q2 2024, reflecting strong earnings growth Q2 2025 Net Income per ADS (YoY) | Metric | Q2 2025 (RMB) | Q2 2024 (RMB) | | :--- | :--- | :--- | | Basic Net Income per ADS | 1.62 | 0.95 | | Diluted Net Income per ADS | 1.58 | 0.91 | | Adjusted Basic Net Income per ADS | 2.14 | 1.63 | | Adjusted Diluted Net Income per ADS | 2.09 | 1.57 | [Cash Flow and Cash Position](index=3&type=section&id=Cash%20position) The company generated strong net cash from operating activities of **RMB 1,051.9 million** in Q2 2025 and maintained a robust cash position of **RMB 16,021.8 million** * Net cash provided by operating activities was **RMB 1,051.9 million** for Q2 2025, an increase of **21.1%** from **RMB 868.6 million** for Q2 2024[15](index=15&type=chunk) * As of June 30, 2025, the balance of cash and cash equivalents, short-term time deposits, and short-term investments was **RMB 16,021.8 million (US$2,236.6 million)**[16](index=16&type=chunk) [Recent Developments](index=3&type=section&id=Recent%20Developments) The company has undertaken key capital management initiatives, including a share offer, a new annual dividend policy, and an expanded share repurchase program [Share Offer](index=3&type=section&id=Share%20offer) In July 2025, the company completed a share offer of **34.5 million Class A ordinary shares**, raising net proceeds of approximately **HK$2.2 billion** * Completed a share offer of **34,500,000 Class A ordinary shares** in July 2025, raising net proceeds of approximately **HK$2.2 billion**[17](index=17&type=chunk) [Dividend Policy](index=3&type=section&id=Adoption%20of%20annual%20dividend%20policy%20and%20declaration%20of%20cash%20dividend) On August 20, 2025, the Board approved a new annual dividend policy and declared an initial cash dividend of **US$0.168 per ADS**, totaling approximately **US$80 million** * The Board of Directors approved an annual dividend policy on August 20, 2025, to distribute a dividend each year at the Board's discretion[18](index=18&type=chunk) 2025 Annual Dividend Details | Detail | Value | | :--- | :--- | | Dividend per ADS | US$0.168 | | Total Dividend Amount | Approx. US$80 million | | Record Date (ADS) | October 8, 2025 (New York Time) | | Payment Date (ADS) | On or around October 23, 2025 | [Share Repurchase Program](index=4&type=section&id=Share%20repurchase%20program) The Board approved extending the share repurchase program through August 28, 2026, authorizing repurchases of up to **US$250 million** * The Board approved extending the share repurchase program for 12 months through August 28, 2026, authorizing repurchases of up to **US$250 million**[20](index=20&type=chunk) [Business Outlook](index=4&type=section&id=Outlook) KANZHUN LIMITED projects Q3 2025 total revenues to be between **RMB 2.13 billion** and **RMB 2.16 billion**, representing **11.4% to 13.0% year-over-year growth** Q3 2025 Revenue Guidance | Metric | Guidance Range | YoY Growth | | :--- | :--- | :--- | | Total Revenues | RMB 2.13B - RMB 2.16B | 11.4% - 13.0% | [Financial Statements](index=5&type=section&id=Financial%20Statements) This section presents detailed unaudited financial data for Q2 2025, including statements of operations, balance sheets, cash flows, and GAAP to Non-GAAP reconciliations [Unaudited Condensed Consolidated Statements of Operations](index=5&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Operations) The Q2 2025 statement shows a **9.7% increase** in total revenues to **RMB 2,102.4 million**, with income from operations growing significantly to **RMB 651.2 million** Q2 2025 Statement of Operations Highlights (in RMB thousands) | Line Item | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Total revenues | 2,102,433 | 1,916,743 | | Total operating cost and expenses | (1,454,350) | (1,566,640) | | Income from operations | 651,201 | 358,609 | | Net income | 711,174 | 417,250 | | Net income attributable to ordinary shareholders | 716,398 | 421,733 | [Unaudited Condensed Consolidated Balance Sheets](index=7&type=section&id=Unaudited%20Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2025, the balance sheet reflects a strong financial position with total assets at **RMB 21,184.0 million** and total shareholders' equity at **RMB 16,837.0 million** Balance Sheet Highlights (in RMB thousands) | Line Item | June 30, 2025 | Dec 31, 2024 | | :--- | :--- | :--- | | Cash, cash equivalents, and short-term investments | 16,021,837 | 14,681,110 | | Total current assets | 16,627,877 | 15,100,383 | | Total assets | 21,183,955 | 19,310,672 | | Total current liabilities | 4,237,752 | 4,192,056 | | Total liabilities | 4,346,992 | 4,347,852 | | Total shareholders' equity | 16,836,963 | 14,962,820 | [Unaudited Condensed Consolidated Statements of Cash Flows](index=8&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash provided by operating activities was robust at **RMB 1,051.9 million** in Q2 2025, contributing to a net increase in cash and cash equivalents of **RMB 369.1 million** Q2 2025 Cash Flow Highlights (in RMB thousands) | Cash Flow Activity | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | 1,051,896 | 868,556 | | Net cash used in investing activities | (824,453) | (72,309) | | Net cash (used in)/provided by financing activities | 144,272 | (81,847) | | Net increase in cash and cash equivalents | 369,086 | 725,224 | [Unaudited Reconciliation of GAAP and Non-GAAP Results](index=8&type=section&id=Unaudited%20Reconciliation%20of%20GAAP%20and%20Non-GAAP%20Results) This section reconciles GAAP to Non-GAAP financial measures by excluding share-based compensation, showing adjusted income from operations of **RMB 880.9 million** and adjusted net income of **RMB 940.9 million** Q2 2025 GAAP to Non-GAAP Reconciliation (in RMB thousands) | Line Item | GAAP | Share-based Compensation | Non-GAAP | | :--- | :--- | :--- | :--- | | Income from operations | 358,609 | 301,443 | 660,052 | | Net income | 417,250 | 301,443 | 718,693 | | Net income attributable to ordinary shareholders | 421,733 | 301,443 | 723,176 | [Other Information](index=4&type=section&id=Other%20Information) This section provides supplementary information for investors, including conference call details, exchange rates, Non-GAAP measure explanations, and forward-looking statements * The company will host a conference call on August 20, 2025, at 8:00 AM U.S. Eastern Time to discuss the financial results[22](index=22&type=chunk) * Non-GAAP financial measures are used to supplement GAAP results by excluding non-cash share-based compensation expenses to help identify underlying business trends[25](index=25&type=chunk) * The press release contains forward-looking statements, which involve inherent risks and uncertainties, and the company does not undertake any obligation to update them[29](index=29&type=chunk)

Core Viewpoint - KANZHUN LIMITED has announced an extension and increase in its share repurchase program, reflecting confidence in its business and commitment to shareholder value [1][2]. Group 1: Share Repurchase Program - The company initially established a share repurchase program on August 29, 2024, authorizing up to US$150 million for a 12-month period [2]. - On August 20, 2025, the board approved amendments to extend the program for another 12 months, increasing the total authorization to US$250 million [2]. Group 2: 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 recruitment efficiency and driving rapid expansion due to its large user base [4].

[Announcement Overview](index=1&type=section&id=%E5%85%AC%E5%91%8A%E6%A6%82%E8%A7%88) [Company Information](index=1&type=section&id=%E5%85%AC%E5%8F%B8%E4%BF%A1%E6%81%AF) KANZHUN LIMITED released its unaudited interim condensed consolidated results for the six months ended June 30, 2025, with the Company incorporated in the Cayman Islands and listed under **stock codes 2076 (HKEX) and BZ (NASDAQ)** - KANZHUN LIMITED released its unaudited interim condensed consolidated results For the six months ended June 30, 2025[2](index=2&type=chunk) - The Company was incorporated in the Cayman Islands, with **stock codes 2076 (HKEX) and BZ (NASDAQ)**[2](index=2&type=chunk) [Financial Performance Summary](index=1&type=section&id=%E8%B4%A2%E5%8A%A1%E8%A1%A8%E7%8E%B0%E6%91%98%E8%A6%81) For the six months ended June 30, 2025, the Company's revenue increased year-over-year by **11.2%**, operating profit significantly increased by **136.0%**, net profit increased by **85.6%**, and Adjusted Net Profit (Non-GAAP) increased by **36.4%** Financial Performance Summary For the six months ended June 30, 2025 | Metric | 2024 (RMB thousands) | 2025 (RMB thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Total Revenue | 3,620,496 | 4,025,710 | 11.2% | | Operating Profit | 462,202 | 1,090,986 | 136.0% | | Profit Before Tax | 771,642 | 1,396,333 | 81.0% | | Net Profit | 658,974 | 1,223,268 | 85.6% | | Adjusted Net Profit (Non-GAAP) | 1,249,394 | 1,704,757 | 36.4% | [Non-GAAP Financial Measures](index=2&type=section&id=%E9%9D%9E%E5%85%AC%E8%AA%8D%E6%9C%83%E8%A8%88%E6%BA%96%E5%89%87%E8%B2%A1%E5%8B%99%E6%8C%87%E6%A8%99) The Company uses Adjusted Net Profit (Non-GAAP) as a non-GAAP financial measure, defined as net profit excluding share-based compensation expenses, to provide a more comparable assessment of operating performance and additional useful information for investors - Adjusted Net Profit is defined as net profit excluding share-based compensation expenses, and **share-based compensation expenses are non-cash in nature**[5](index=5&type=chunk) - **this metric helps compare operating performance across different periods and provides investors with the same evaluation perspective as management**[5](index=5&type=chunk) Reconciliation of Adjusted Net Profit to Net Profit | Metric | 2024 (RMB thousands) | 2025 (RMB thousands) | | :--- | :--- | :--- | | Net Profit | 658,974 | 1,223,268 | | Add: Share-based Compensation Expenses | 590,420 | 481,489 | | Adjusted Net Profit (Non-GAAP) | 1,249,394 | 1,704,757 | [Business Review and Outlook](index=3&type=section&id=%E6%A5%AD%E5%8B%99%E5%9B%9E%E9%A1%A7%E8%88%87%E5%B1%95%E6%9C%9B) [Business Review for the Reporting Period](index=3&type=section&id=%E5%A0%B1%E5%91%8A%E6%9C%9F%E9%96%93%E6%A5%AD%E5%8B%99%E5%9B%9E%E9%A1%A7) During the reporting period, the Company's Average Monthly Active Users (MAU) significantly increased by **19.8%** to **60.6 million**, successfully penetrating blue-collar users, lower-tier cities, and small and medium-sized enterprise (SME) clients; the Company continued to deepen AI technology application in products and operations, achieving an **'A' rating** in the MSCI ESG assessment - For the six months ended June 30, 2025, Average Monthly Active Users (MAU) reached **60.6 million**, increased year-over-year by **19.8%**[7](index=7&type=chunk) - The diversified user group penetration strategy yielded significant results, with increased proportions of blue-collar users, lower-tier cities, and small and medium-sized enterprise (SME) clients[7](index=7&type=chunk) - The Company deepened the integrated application of AI across technology, products, business, and operations, launching features like an AI interview training robot, and achieved an **'A' rating** in the MSCI ESG assessment[8](index=8&type=chunk) [Management Statements](index=4&type=section&id=%E7%AE%A1%E7%90%86%E5%B1%A4%E8%81%B2%E6%98%8E) Founder and CEO Zhao Peng emphasized user growth, deepening AI application, and commitment to shareholder returns (dividend policy and share repurchase); CFO Zhang Yu noted the company achieved **high-quality growth in both revenue and profit margins**, and **enhanced market liquidity** through its Hong Kong share offering - CEO Zhao Peng stated the Company maintained an **industry-leading user growth momentum**, with **significant growth in enterprise user activity and paying client base**, and continued to deepen AI application[10](index=10&type=chunk) - CEO Zhao Peng emphasized the Company prioritizes shareholder returns, having approved an annual dividend policy (approximately **USD 80 million**) and a share repurchase program of up to **USD 250 million**[10](index=10&type=chunk) - CFO Zhang Yu noted the company achieved **high-quality growth in both revenue and profit margins**, and **enhanced market liquidity** through its Hong Kong share offering (net proceeds of **HKD 2.2 billion**)[10](index=10&type=chunk) [Platform and Services](index=4&type=section&id=%E5%B9%B3%E5%8F%B0%E8%88%87%E6%9C%8D%E5%8B%99) The Company's core platform is the **BOSS Zhipin mobile application**, which uses a **'direct hiring model'** to connect job seekers with enterprise clients, providing an **efficient and seamless recruitment experience**; monetization primarily comes from paid services for enterprise clients, while user acquisition and sales efficiency are enhanced through a **proprietary CRM system** and diversified marketing strategies - The Company's core platform is the **BOSS Zhipin mobile application**, which uses a **'direct hiring model'** to connect job seekers with enterprise clients, providing an **efficient and seamless recruitment experience**[10](index=10&type=chunk)[11](index=11&type=chunk) - **Monetization primarily comes from paid services for enterprise clients**, including direct hiring services and value-added features; job seeker services are free but offer paid value-added features[13](index=13&type=chunk)[14](index=14&type=chunk) - The Company utilizes a **proprietary CRM system** to empower its sales team and acquires user traffic through online third-party channels, word-of-mouth, and brand marketing activities[15](index=15&type=chunk) [Business Outlook](index=7&type=section&id=%E6%A5%AD%E5%8B%99%E5%B1%95%E6%9C%9B) Looking ahead to the second half of 2025, the Company will maintain **robust user growth momentum**, expand market penetration, and continue to deepen the application of AI technology in its core business scenarios to provide an **intelligent, one-stop recruitment service experience** - Looking ahead to the second half of 2025, the Company will maintain **robust user growth momentum** and further penetrate more industries, regions, and client types[20](index=20&type=chunk) - The Company will continue to deepen the application and integration of AI technology in its core business scenarios, striving to provide **intelligent, one-stop recruitment service experiences** for a broader and more diverse user base[20](index=20&type=chunk) [Recent Developments and Shareholder Returns](index=6&type=section&id=%E8%BF%91%E6%9C%9F%E7%99%BC%E5%B1%95%E8%88%87%E8%82%A1%E6%9D%B1%E5%9B%9E%E5%A0%B1) [Share Offering](index=6&type=section&id=%E8%82%A1%E4%BB%BD%E7%99%BC%E5%94%AE) The Company completed a share offering in **July 2025**, totaling **34,500,000 shares**, with net proceeds of approximately **HKD 2.2 billion**, aimed at **enhancing financial flexibility, broadening the shareholder base, and increasing share liquidity** - The Company completed a share offering on **July 4, 2025**, totaling **34,500,000 shares**[16](index=16&type=chunk) - The net proceeds from the share offering were approximately **HKD 2.2 billion**, aimed at **enhancing financial flexibility, broadening the shareholder base, and increasing share liquidity**[16](index=16&type=chunk) [Annual Dividend Policy and Declaration](index=6&type=section&id=%E5%B9%B4%E5%BA%A6%E8%82%A1%E6%81%AF%E6%94%BF%E7%AD%96%E5%8F%8A%E5%AE%A3%E6%B4%BE) The Board has approved an annual dividend policy and declared an annual cash dividend of **USD 0.084 per ordinary share or USD 0.168 per ADS, totaling approximately USD 80 million**, expected to be paid in **October 2025** - **The Board has approved an annual dividend policy**, and will declare and distribute dividends annually[17](index=17&type=chunk) - **An annual cash dividend of USD 0.084 per ordinary share or USD 0.168 per ADS, totaling approximately USD 80 million**, has been declared[18](index=18&type=chunk) - The dividend payment dates are expected to be **October 16, 2025** (ordinary shares) and **October 23, 2025** (ADSs)[18](index=18&type=chunk) [Share Repurchase Program](index=7&type=section&id=%E8%82%A1%E4%BB%BD%E5%9B%9E%E8%B3%BC%E8%A8%88%E5%8A%83) The Board approved extending the existing share repurchase program by **12 months to August 28, 2026**, authorizing the repurchase of up to **USD 250 million** in company shares during this period - **The Board approved extending the share repurchase program by 12 months to August 28, 2026**[19](index=19&type=chunk) - **Authorized to repurchase up to USD 250 million in company shares (including ADSs)** during the extended period[19](index=19&type=chunk) [Financial Performance](index=8&type=section&id=%E8%B2%A1%E5%8B%99%E8%A1%A8%E7%8E%B0) [Unaudited Condensed Consolidated Statements of Comprehensive Income](index=8&type=section&id=%E6%9C%AA%E7%B6%93%E5%AF%A9%E8%A8%88%E7%B0%A1%E6%98%8E%E5%90%88%E4%BD%B5%E7%B6%9C%E5%90%88%E6%94%B6%E7%9B%8A%E8%A1%A8) For the six months ended June 30, 2025, the Company's **total revenue reached RMB 4,025.7 million, operating profit was RMB 1,091.0 million, and net profit was RMB 1,223.3 million**, demonstrating **strong earnings growth** Unaudited Condensed Consolidated Statements of Comprehensive Income (For the six months ended June 30) | Metric | 2024 (RMB thousands) | 2025 (RMB thousands) | | :--- | :--- | :--- | | Total Revenue | 3,620,496 | 4,025,710 | | Total Operating Costs and Expenses | (3,179,390) | (2,945,464) | | Operating Profit | 462,202 | 1,090,986 | | Profit Before Tax | 771,642 | 1,396,333 | | Income Tax Expense | (112,668) | (173,065) | | Net Profit | 658,974 | 1,223,268 | [Revenue Analysis](index=9&type=section&id=%E6%94%B6%E5%85%A5%E5%88%86%E6%9E%90) **Total revenue increased year-over-year by 11.2% to RMB 4,025.7 million**, primarily driven by growth in paying enterprise clients; specifically, **online recruitment services revenue for enterprise clients increased by 11.2%**, and **other services revenue increased by 6.9%** - **Total revenue increased year-over-year by 11.2% to RMB 4,025.7 million**, primarily driven by growth in paying enterprise clients[24](index=24&type=chunk) - Revenue growth was primarily driven by growth in paying enterprise clients[24](index=24&type=chunk) Revenue Composition and Year-over-Year Change | Revenue Source | 2024 (RMB thousands) | 2025 (RMB thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Online Recruitment Services for Enterprise Clients | 3,576,810 | 3,978,981 | 11.2% | | Other Services | 43,686 | 46,729 | 6.9% | | **Total Revenue** | **3,620,496** | **4,025,710** | **11.2%** | [Operating Costs and Expenses Analysis](index=9&type=section&id=%E7%87%9F%E6%A5%AD%E6%88%90%E6%9C%AC%E5%8F%8A%E8%B2%BB%E7%94%A8%E5%88%86%E6%9E%90) During the reporting period, the Company effectively controlled sales and marketing expenses and research and development expenses, which decreased by **19.0%** and **7.9%** respectively, while cost of revenue remained relatively stable, and general and administrative expenses slightly increased - Cost of revenue was **RMB 618.3 million**, remained relatively stable with **RMB 612.0 million** in the prior year period[25](index=25&type=chunk) - **Sales and marketing expenses decreased by 19.0% to RMB 911.1 million**, primarily due to decreased advertising and marketing expenses and employee-related expenses[26](index=26&type=chunk) - **Research and development expenses decreased by 7.9% to RMB 839.6 million**, primarily due to decreased employee-related expenses and cloud service fees[27](index=27&type=chunk) - **General and administrative expenses increased by 8.4% to RMB 576.5 million**, primarily due to increased employee-related expenses[28](index=28&type=chunk) [Operating Profit and Net Profit](index=10&type=section&id=%E7%B6%93%E7%87%9F%E5%88%A9%E6%BD%A4%E8%88%87%E6%B7%A8%E5%88%A9%E6%BD%A4) Due to revenue growth and expense control, the Company's **operating profit significantly increased year-over-year by 136.0% to RMB 1,091.0 million**, and **net profit increased year-over-year by 85.6% to RMB 1,223.3 million** - **Operating profit increased year-over-year by 136.0% to RMB 1,091.0 million** from **RMB 462.2 million** in the prior year period[29](index=29&type=chunk) - **Net profit increased year-over-year by 85.6% to RMB 1,223.3 million** from **RMB 659.0 million** in the prior year period[31](index=31&type=chunk) [Income Tax Expense](index=10&type=section&id=%E6%89%80%E5%BE%97%E7%A8%85%E8%B2%BB%E7%94%A8) **Income tax expense increased year-over-year by 53.6% to RMB 173.1 million**, consistent with the company's **significant improvement in profitability** - **Income tax expense increased year-over-year by 53.6% to RMB 173.1 million** from **RMB 112.7 million** in the prior year period[30](index=30&type=chunk) [Earnings Per Share](index=15&type=section&id=%E6%AF%8F%E8%82%A1%E6%B7%A8%E5%88%A9%E6%BD%A4) For the six months ended June 30, 2025, basic net earnings per ordinary share attributable to ordinary shareholders was **RMB 1.41**, and diluted net earnings per ordinary share was **RMB 1.37**, both significantly increased from the prior year period Earnings Per Share (For the six months ended June 30) | Metric | 2024 (RMB) | 2025 (RMB) | | :--- | :--- | :--- | | Basic Net Earnings Per Share | 0.75 | 1.41 | | Diluted Net Earnings Per Share | 0.73 | 1.37 | [Financial Position and Liquidity](index=10&type=section&id=%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E8%88%87%E6%B5%81%E5%8B%95%E6%80%A7) [Liquidity and Capital Resources](index=10&type=section&id=%E6%B5%81%E5%8B%95%E8%B3%87%E9%87%91%E5%8F%8A%E8%B3%87%E6%9C%AC%E8%B3%87%E6%BA%90) As of June 30, 2025, the Company had **ample liquidity**, with **total cash and cash equivalents, short-term time deposits, and short-term investments amounting to RMB 16.0 billion**, and **net cash flows from operating activities of RMB 2.1 billion** - **As of June 30, 2025, total cash and cash equivalents, short-term time deposits, and short-term investments amounted to RMB 16.0 billion**[32](index=32&type=chunk) - **For the six months ended June 30, 2025, net cash flows from operating activities were RMB 2.1 billion**[32](index=32&type=chunk) [Interest-bearing Bank and Other Borrowings](index=10&type=section&id=%E8%A8%88%E6%81%AF%E9%8A%80%E8%A1%8C%E5%8F%8A%E5%85%B6%E4%BB%96%E5%80%9F%E6%AC%BE) As of June 30, 2025, the Group had **no interest-bearing bank and other borrowings**, demonstrating its **healthy capital structure** - **As of June 30, 2025, the Group had no interest-bearing bank and other borrowings**[33](index=33&type=chunk) [Debt-to-Equity Ratio](index=11&type=section&id=%E5%82%B5%E6%AC%8A%E6%AF%94%E7%8E%87) As of June 30, 2025, the Group had **no interest-bearing borrowings, resulting in a zero debt-to-equity ratio**, indicating **no external interest-bearing debt** - **As of June 30, 2025, the Group had no borrowings, resulting in a zero debt-to-equity ratio**[38](index=38&type=chunk) [Foreign Exchange Risk](index=11&type=section&id=%E5%A4%96%E5%8C%AF%E9%A2%A8%E9%9A%AA) **The vast majority of the Company's revenue and expenses are denominated in RMB**; it does not use derivative financial instruments to hedge foreign exchange risk for USD-denominated cash and investments but regularly monitors foreign exchange rates and considers hedging significant risks when necessary - **The vast majority of the Company's revenue and expenses are denominated in RMB**; it does not use derivative financial instruments to hedge foreign exchange risk for USD-denominated cash and investments[39](index=39&type=chunk) - The Company regularly monitors foreign exchange rates and considers hedging significant foreign exchange risks when necessary[39](index=39&type=chunk) [Capital Commitments](index=12&type=section&id=%E8%B3%87%E6%9C%AC%E6%89%BF%E8%AB%BE) As of June 30, 2025, the Group's **capital commitments were approximately RMB 49.6 million** - **As of June 30, 2025, the Group's capital commitments were approximately RMB 49.6 million**[41](index=41&type=chunk) [Unaudited Condensed Consolidated Balance Sheets](index=16&type=section&id=%E6%9C%AA%E7%B6%93%E5%AF%A9%E8%A8%88%E7%B0%A1%E6%98%8E%E5%90%88%E4%BD%B5%E8%B3%87%E7%94%A2%E8%B2%A0%E5%82%B5%E8%A1%A8) As of June 30, 2025, the Company's **total assets increased to RMB 21,183.9 million**, **total current assets were RMB 16,627.9 million**, **total liabilities remained stable**, and **total shareholders' equity increased to RMB 16,837.0 million** Unaudited Condensed Consolidated Balance Sheets (As of June 30) | Metric | Dec 31, 2024 (RMB thousands) | Jun 30, 2025 (RMB thousands) | | :--- | :--- | :--- | | Total Assets | 19,310,672 | 21,183,955 | | Total Current Assets | 15,100,383 | 16,627,877 | | Total Non-current Assets | 4,210,289 | 4,556,078 | | Total Liabilities | 4,347,852 | 4,346,992 | | Total Shareholders' Equity | 14,962,820 | 16,836,963 | [Unaudited Condensed Consolidated Statements of Cash Flows](index=17&type=section&id=%E6%9C%AA%E7%B6%93%E5%AF%A9%E8%A8%88%E7%B0%A1%E6%98%8E%E5%90%88%E4%BD%B5%E7%8F%BE%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) For the six months ended June 30, 2025, **net cash flows from operating activities were RMB 2,055.0 million**, **net cash flows used in investing activities were RMB (1,503.3) million**, and **net cash flows from financing activities were RMB 58.3 million** Unaudited Condensed Consolidated Statements of Cash Flows (For the six months ended June 30) | Metric | 2024 (RMB thousands) | 2025 (RMB thousands) | | :--- | :--- | :--- | | Net Cash Flows from Operating Activities | 1,774,097 | 2,055,005 | | Net Cash Flows Used in Investing Activities | (595,771) | (1,503,279) | | Net Cash Flows (Used in) / From Financing Activities | (186,425) | 58,278 | | Net Increase in Cash and Cash Equivalents | 999,431 | 606,416 | | Cash and Cash Equivalents at End of Period | 3,472,390 | 3,159,506 | [Corporate Governance and Other Information](index=12&type=section&id=%E4%BC%81%E6%A5%AD%E7%AE%A1%E6%B2%BB%E8%88%87%E5%85%B6%E4%BB%96%E4%BF%A1%E6%81%AF) [Employees and Remuneration Policy](index=12&type=section&id=%E5%83%B1%E5%93%A1%E5%8F%8A%E8%96%AA%E9%85%AC%E6%94%BF%E7%AD%96) As of June 30, 2025, the Company had a total of **4,743 employees**, with sales and marketing personnel accounting for the highest proportion (**50.3%**); the Company offers **competitive salaries, share-based awards, and various benefits to attract and retain talent** - **As of June 30, 2025, the Group had a total of 4,743 employees**[42](index=42&type=chunk) Employees by Function (As of June 30, 2025) | Function | Number of Employees | Percentage of Total | | :--- | :--- | :--- | | Sales and Marketing | 2,384 | 50.3% | | Research and Development | 1,192 | 25.1% | | Operations | 771 | 16.3% | | General and Administrative | 396 | 8.3% | | **Total** | **4,743** | **100.0%** | - **The Company offers competitive salaries, share-based awards, and various benefits to attract and retain talent**, and participates in various government statutory employee benefit plans[42](index=42&type=chunk) [Corporate Governance](index=12&type=section&id=%E4%BC%81%E6%A5%AD%E7%AE%A1%E6%B2%BB) The Company is committed to **high standards of corporate governance** and **complies with the Corporate Governance Code of the Hong Kong Stock Exchange**; although **Mr. Zhao Peng serves as both Chairman and Chief Executive Officer**, the Board believes this arrangement contributes to **strategic planning and decision-making efficiency**; the **Audit Committee, composed of independent non-executive directors, has reviewed the interim financial statements** - The Company is committed to **high standards of corporate governance** and **complies with the Corporate Governance Code of the Hong Kong Stock Exchange**; although **Mr. Zhao Peng serves as both Chairman and Chief Executive Officer**, the Board believes this arrangement contributes to **ensures consistent leadership and efficient strategic planning**[44](index=44&type=chunk)[45](index=45&type=chunk) - **The Company has adopted a management securities trading policy, which directors and relevant employees confirm compliance with**[46](index=46&type=chunk)[47](index=47&type=chunk) - **The Audit Committee, comprising three independent non-executive directors with Ms. Dong Mengyuan as chairperson, has reviewed the Group's unaudited condensed consolidated financial statements for the six months ended June 30, 2025**[48](index=48&type=chunk) [Other Information](index=14&type=section&id=%E5%85%B6%E4%BB%96%E8%B3%87%E6%96%99) During the reporting period, the Company did not purchase, sell, or redeem any listed securities, was not involved in any material litigation or arbitration, and the Board does not recommend the distribution of an interim dividend; **no other material events occurred after the reporting period, except for disclosed subsequent events** - **During the reporting period, neither the Company nor its subsidiaries purchased, sold, or redeemed any listed securities**[49](index=49&type=chunk) - **During the reporting period, the Company was not involved in any material litigation or arbitration**[50](index=50&type=chunk) - **The Board does not recommend the distribution of any interim dividend for the six months ended June 30, 2025**[51](index=51&type=chunk) - **no material events occurred after the reporting period, except for disclosed subsequent events**[52](index=52&type=chunk) [Notes to the Unaudited Condensed Consolidated Financial Statements](index=18&type=section&id=%E6%9C%AA%E7%B6%93%E5%AF%A9%E8%A8%88%E7%B0%A1%E6%98%8E%E5%90%88%E4%BD%B5%E8%B2%A1%E5%8B%99%E5%A0%B1%E8%A1%A8%E9%99%84%E8%A8%BB) [General Information](index=18&type=section&id=%E4%B8%80%E8%88%AC%E8%B3%87%E6%96%99) KANZHUN LIMITED was incorporated in the Cayman Islands and primarily provides online recruitment services in Mainland China through the 'BOSS Zhipin' platform - **The Company was incorporated on January 16, 2014, under the laws of the Cayman Islands**[56](index=56&type=chunk) - **The Group primarily provides online recruitment services in Mainland China through the 'BOSS Zhipin' platform**[56](index=56&type=chunk) [Basis of Presentation](index=18&type=section&id=%E5%91%88%E5%88%97%E5%9F%BA%E7%A4%8E) The unaudited condensed consolidated financial statements are prepared in accordance with **U.S. GAAP and the disclosure requirements for interim financial information under the Hong Kong Stock Exchange Listing Rules**, adopting the same accounting policies as the audited consolidated financial statements for the previous fiscal year - **The financial statements are prepared in accordance with U.S. GAAP and the disclosure requirements for interim financial information under the Hong Kong Stock Exchange Listing Rules**, adopting the same accounting policies as the audited consolidated financial statements for the previous fiscal year[57](index=57&type=chunk) - The principal accounting policies adopted are consistent with those used in the audited consolidated financial statements for the previous fiscal year[57](index=57&type=chunk) [Business Acquisition](index=18&type=section&id=%E6%A5%AD%E5%8B%99%E6%94%B6%E8%B3%BC) In **February 2024**, the Group acquired approximately **77% equity interest** in W.D Technology Investment Group Limited for approximately **USD 52.7 million** (**RMB 374.3 million**); the company primarily engages in blue-collar recruitment services, and this acquisition resulted in **goodwill of RMB 839 thousand** - **On February 6, 2024**, the Group completed the acquisition of approximately **77% equity interest** in W.D Technology Investment Group Limited, a company primarily engaged in blue-collar recruitment services[58](index=58&type=chunk) - The consideration for this acquisition was approximately **USD 52.7 million** (approximately **RMB 374.3 million**)[58](index=58&type=chunk) - The acquisition resulted in **goodwill of RMB 839 thousand**, primarily from the **expected future business growth from the acquisition**[60](index=60&type=chunk) [Notes to Revenue](index=19&type=section&id=%E6%94%B6%E5%85%A5%E9%99%84%E8%A8%BB) The Company categorizes enterprise clients into KA, medium-sized, and small-sized clients, presenting revenue sources by this classification; For the six months ended June 30, 2025, **online recruitment services revenue for enterprise clients was RMB 3,979.0 million** - The Group defines KA clients as those contributing **RMB 50,000 or more annually**, medium-sized clients as those contributing **RMB 5,000 to RMB 50,000**, and small-sized clients as those contributing **RMB 5,000 or less**[61](index=61&type=chunk) Revenue by Client Type (For the six months ended June 30) | Revenue Source | 2024 (RMB thousands) | 2025 (RMB thousands) | | :--- | :--- | :--- | | Online Recruitment Services for Enterprise Clients | 3,576,810 | 3,978,981 | | － KA clients | 812,146 | 967,233 | | － Medium-sized clients | 1,245,598 | 1,312,300 | | － Small-sized clients | 1,519,066 | 1,699,448 | | Other | 43,686 | 46,729 | | **Total** | **3,620,496** | **4,025,710** | - For the six months ended June 30, 2025, revenue recognized over time was **RMB 3,179.2 million**, and revenue recognized at a point in time was **RMB 799.8 million**[62](index=62&type=chunk) [Notes to Income Tax](index=20&type=section&id=%E6%89%80%E5%BE%97%E7%A8%85%E9%99%84%E8%A8%BB) The notes explain the tax policies in the Cayman Islands, Hong Kong, and Mainland China, including the **15% preferential tax rate** for High and New Technology Enterprises in China and the **200% super deduction policy** for R&D expenses - The Cayman Islands does not levy income or capital gains tax, and the Hong Kong profits tax rate is **16.5%**[63](index=63&type=chunk)[64](index=64&type=chunk) - High and New Technology Enterprises (HNTEs) in Mainland China enjoy a preferential tax rate of **15%**, and effective **January 1, 2023**, the super deduction for research and development expenses is **200%**[65](index=65&type=chunk) Composition of Income Tax Expense (For the six months ended June 30) | Item | 2024 (RMB thousands) | 2025 (RMB thousands) | | :--- | :--- | :--- | | Current Income Tax Expense | 114,690 | 173,672 | | Deferred Income Tax Benefit | (2,022) | (607) | | **Total** | **112,668** | **173,065** | [Notes to Earnings Per Share](index=21&type=section&id=%E6%AF%8F%E8%82%A1%E6%B7%A8%E5%88%A9%E6%BD%A4%E9%99%84%E8%A8%BB) Details the calculation process for basic and diluted net earnings per share for the six months ended June 30, 2025, including net profit attributable to ordinary shareholders and weighted average number of ordinary shares Earnings Per Share Calculation Details (For the six months ended June 30) | Metric | 2024 | 2025 | | :--- | :--- | :--- | | Net Profit Attributable to Ordinary Shareholders of KANZHUN LIMITED (RMB thousands) | 666,684 | 1,234,532 | | Weighted Average Number of Ordinary Shares Used in Calculating Basic Net Earnings Per Share | 884,833,645 | 876,959,135 | | Dilutive Effect of Share-based Awards | 30,845,133 | 24,277,910 | | Weighted Average Number of Ordinary Shares Used in Calculating Diluted Net Earnings Per Share | 915,678,778 | 901,237,045 | | Basic Net Earnings Per Share (RMB) | 0.75 | 1.41 | | Diluted Net Earnings Per Share (RMB) | 0.73 | 1.37 | [Notes to Investments](index=21&type=section&id=%E6%8A%95%E8%B3%87%E9%99%84%E8%A8%BB) As of June 30, 2025, the Company's **total short-term investments were RMB 7,383.2 million**, primarily comprising wealth management products and fixed-rate notes; **total long-term investments were RMB 1,879.2 million**, primarily fixed-rate notes and equity securities of unlisted companies Investment Portfolio (As of June 30) | Investment Type | Dec 31, 2024 (RMB thousands) | Jun 30, 2025 (RMB thousands) | | :--- | :--- | :--- | | **Total Short-term Investments** | **6,639,389** | **7,383,188** | | － Wealth Management Products | 4,640,283 | 6,993,277 | | － Fixed-Rate Notes | 1,997,243 | 381,792 | | － Equity Securities of Listed Companies | 1,863 | 8,119 | | **Total Long-term Investments** | **1,914,530** | **1,879,156** | | － Fixed-Rate Notes | 1,607,361 | 1,643,227 | | － Equity Securities of Unlisted Companies | 206,391 | 235,929 | | － Wealth Management Products | 100,778 | – | [Notes to Accounts and Notes Receivable, Net](index=22&type=section&id=%E6%87%89%E6%94%B6%E8%B3%A6%E6%AC%BE%E5%8F%8A%E7%A5%A8%E6%93%9A%E6%B7%A8%E5%80%BC%E9%99%84%E8%A8%BB) As of June 30, 2025, **accounts and notes receivable, net, totaled RMB 32.1 million**, with **accounts receivable within 3 months accounting for the largest proportion** Aging Analysis of Accounts and Notes Receivable (As of June 30) | Aging | Dec 31, 2024 (RMB thousands) | Jun 30, 2025 (RMB thousands) | | :--- | :--- | :--- | | Within 3 months | 32,477 | 18,562 | | 3 to 6 months | 4,890 | 3,856 | | 6 months to 1 year | 2,050 | 7,895 | | Over 1 year | 1,296 | 1,813 | | **Total** | **40,713** | **32,126** | [Notes to Prepayments and Other Current Assets](index=22&type=section&id=%E9%A0%90%E4%BB%98%E6%AC%BE%E9%A0%85%E5%8F%8A%E5%85%B6%E4%BB%96%E6%B5%81%E5%8B%95%E8%B3%87%E7%94%A2%E9%99%84%E8%A8%BB) As of June 30, 2025, **total prepayments and other current assets were RMB 561.4 million**, primarily including prepaid income tax and value-added tax, amounts due from third-party online payment platforms, and receivables from share-based award exercises Prepayments and Other Current Assets (As of June 30) | Item | Dec 31, 2024 (RMB thousands) | Jun 30, 2025 (RMB thousands) | | :--- | :--- | :--- | | Prepaid Income Tax and Value-Added Tax | 60,675 | 154,709 | | Amounts Due from Third-Party Online Payment Platforms | 49,814 | 151,009 | | Receivables from Share-based Award Exercises | 56,062 | 106,042 | | Deposits | 73,218 | 58,112 | | Prepaid Advertising and Service Fees | 44,799 | 22,919 | | Employee Loans and Advances | 14,429 | 13,864 | | Interest Receivable | 37,264 | 1,518 | | Other | 31,999 | 53,246 | | **Total** | **368,260** | **561,419** | [Notes to Accounts Payable](index=23&type=section&id=%E6%87%89%E4%BB%98%E8%B3%87%E6%AC%BE%E9%99%84%E8%A8%BB) As of June 30, 2025, **total accounts payable was RMB 97.5 million**, primarily comprising payable for server hosting fees and advertising fees, with **accounts payable within 3 months accounting for the largest proportion** Composition of Accounts Payable (As of June 30) | Item | Dec 31, 2024 (RMB thousands) | Jun 30, 2025 (RMB thousands) | | :--- | :--- | :--- | | Payable for Server Hosting Fees | 39,391 | 39,705 | | Payable for Advertising Fees | 16,458 | 24,648 | | Payable for Property, Equipment and Software Purchases | 33,945 | 19,759 | | Other | 20,874 | 13,359 | | **Total** | **110,668** | **97,471** | Aging Analysis of Accounts Payable (As of June 30) | Aging | Dec 31, 2024 (RMB thousands) | Jun 30, 2025 (RMB thousands) | | :--- | :--- | :--- | | Within 3 months | 91,950 | 80,486 | | 3 to 6 months | 2,827 | 5,294 | | 6 months to 1 year | 8,467 | 4,273 | | Over 1 year | 7,424 | 7,418 | | **Total** | **110,668** | **97,471** | [Notes to Other Payables and Accrued Liabilities](index=23&type=section&id=%E5%85%B6%E4%BB%96%E6%87%89%E4%BB%98%E6%AC%BE%E9%A0%85%E5%8F%8A%E6%87%89%E8%A8%88%E8%B2%A0%E5%82%B5%E9%99%84%E8%A8%BB) As of June 30, 2025, **total other payables and accrued liabilities were RMB 708.8 million**, primarily including payable for salaries, welfare and bonuses, taxes payable, and customer advances Other Payables and Accrued Liabilities (As of June 30) | Item | Dec 31, 2024 (RMB thousands) | Jun 30, 2025 (RMB thousands) | | :--- | :--- | :--- | | Payable for Salaries, Welfare and Bonuses | 429,566 | 393,840 | | Taxes Payable | 115,192 | 143,140 | | Customer Advances | 90,161 | 99,499 | | Deposits | 51,402 | 44,007 | | Payable for Share Repurchases | 93,475 | – | | Other | 35,971 | 28,271 | | **Total** | **815,767** | **708,757** | [Notes to Dividends](index=24&type=section&id=%E8%82%A1%E6%81%AF%E9%99%84%E8%A8%BB) **For the six months ended June 30, 2024 and 2025, the Company did not declare any interim dividends** - **For the six months ended June 30, 2024 and 2025, the Company did not declare any interim dividends**[72](index=72&type=chunk) [Notes to Subsequent Events](index=24&type=section&id=%E6%9C%9F%E5%BE%8C%E4%BA%8B%E9%A0%85%E9%99%84%E8%A8%BB) After the reporting period, the Company completed a share offering in **July 2025** with net proceeds of approximately **HKD 2.2 billion**; the Board approved an annual dividend policy and declared a dividend of approximately **USD 80 million** in **August 2025**, while also extending the share repurchase program to **August 28, 2026**, authorizing the repurchase of up to **USD 250 million** in shares - After the reporting period, the Company completed a share offering in **July 2025** with net proceeds of approximately **HKD 2.2 billion**[73](index=73&type=chunk) - On **August 20, 2025**, the Board approved an annual dividend policy and declared an annual cash dividend totaling approximately **USD 80 million**[73](index=73&type=chunk) - On **August 20, 2025**, the Board approved extending the share repurchase program by **12 months to August 28, 2026**, authorizing the repurchase of up to **USD 250 million** in shares[73](index=73&type=chunk)

Group 1 - KANZHUN LIMITED announced the resignation of Ms. Mengyuan Dong as an independent non-executive director effective August 20, 2025, to focus on personal business commitments [1] - Ms. Hongyu Liu has been appointed as the chairman of the audit committee and a member of the corporate governance committee, effective August 20, 2025 [2] - Mr. Yan Li has been appointed as a member of the compensation committee, effective August 20, 2025 [2] Group 2 - Mr. Xu Chen has been appointed as the president of the Company, effective August 20, 2025, to optimize governance structure and improve organizational efficiency [3] - Mr. Chen will report to Mr. Peng Zhao, the founder, Chairman, and CEO, and will cease to act as the Chief Marketing Officer while remaining an executive director [3] Group 3 - The Company expressed gratitude to Ms. Dong for her contributions and welcomed Ms. Liu, Mr. Li, and Mr. Chen for their new roles, highlighting their expertise as valuable assets for the Company's development [4] Group 4 - KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China, connecting job seekers and enterprise users through a highly interactive mobile app [6] - The platform promotes two-way communication and intelligent recommendations, creating new scenarios in the online recruiting process [6] - BOSS Zhipin benefits from a large and diverse user base, developing powerful network effects that enhance recruitment efficiency and drive rapid expansion [6]

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 ...

BEIJING, Aug. 20, 2025 (GLOBE NEWSWIRE) -- KANZHUN LIMITED ("BOSS Zhipin" or the "Company") (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter ended June 30, 2025. Second Quarter 2025 Highlights Mr. Jonathan Peng Zhao, Founder, Chairman and Chief Executive Officer of the Company, remarked, "In the second quarter of this year, we maintained our industry-leading user growth momentum. With the job market exhibiting a sustain ...