Financial Data and Key Metrics Changes - In Q4 2025, the company generated total revenue of RMB 2.08 billion, up 14% year-on-year [4] - For the full year 2025, total revenue reached RMB 8.27 billion, an increase of 12.4% year-on-year [5] - Adjusted operating profit for Q4 was RMB 900 million, up 37% year-on-year, while for the full year it was RMB 3.38 billion, up 45.7% year-on-year [6][30] - Net income for Q4 was RMB 682 million, and for the full year, it reached RMB 2.7 billion [36] - Adjusted net income increased by 25% year-on-year to RMB 906 million in Q4 and by 33% to RMB 3.6 billion for the full year [37] Business Line Data and Key Metrics Changes - The number of paid enterprise customers reached 6.83 million, up 11.6% year-on-year [11] - Revenue from small-sized accounts grew 21% year-on-year, outpacing mid-sized and key accounts [31] - The average revenue per paying user (ARPPU) remained broadly stable, reflecting increased revenue contribution from SMEs [11] Market Data and Key Metrics Changes - The average monthly active users (MAU) of the BOSS Zhipin app reached over 60.7 million, a year-on-year increase of 14.5% [7] - The platform facilitated over 2.27 billion instances of mutual consent exchanges, representing a year-on-year growth of 22.4% [8] - Revenue contribution from third-tier and lower-tier cities approached 25%, doubling compared to four years ago [10] Company Strategy and Development Direction - The company is focusing on enhancing AI capabilities to deliver closed-loop services, aiming to improve matching efficiency for job seekers and enterprises [18][19] - A commitment to shareholder returns was reinforced, with plans to allocate no less than 50% of adjusted net income for dividends and share repurchases over the next three years [28] - The company is actively penetrating the blue-collar sector and lower-tier cities, with significant growth in these areas [9] Management's Comments on Operating Environment and Future Outlook - Management noted robust growth momentum in both supply and demand during the spring recruitment season, with a healthy job seeker to enterprise user ratio [12][16] - The company expects total revenues for Q1 2026 to be between RMB 2.050 billion and RMB 2.085 billion, reflecting a year-on-year increase of 6.6% to 8.4% [39] - Management expressed confidence in the long-term growth potential despite challenges posed by AI technology [41][49] Other Important Information - The company declared a dividend of $80 million for 2025 and has already repurchased $50 million worth of shares in 2026 [38] - The cash position stood at RMB 19.9 billion as of December 31, 2025, which will be leveraged for future growth initiatives [37] Q&A Session Summary Question: Concerns about AI's impact on white-collar jobs - Management acknowledged the debate around AI potentially reducing demand for white-collar hiring but emphasized that AI can enhance labor efficiency and create new job opportunities [41][44] Question: Plans for AI product testing and monetization - Management expects significant revenue growth from closed-loop placement services, anticipating that revenue could double or triple this year [63] Question: User growth target for 2026 and margin trends - The company aims to add at least 40 million newly verified users in 2026 and expects overall adjusted operating profit margins to slightly increase [74]

KANZHUN LIMITED 4Q and FY 2025 Results Presentation Disclaimer This document does not contain all relevant information relating to the Company or its securities, particularly with respect to the risks and special considerations involved with an investment in the securities of the Company. Nothing contained in this document shall be relied upon as a promise or representation as to the past or future performance of the Company. Past performance does not guarantee or predict future performance. You acknowledge ...

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]