Core Insights - Boss Zhipin (BZ.US) shares rose over 7%, reaching a high of $22.21, the highest since February 2023 [1] Financial Performance - For the mid-term results of 2025, Boss Zhipin reported total revenue of 4.026 billion yuan, an increase of 11.19% year-on-year [1] - The net profit attributable to shareholders was 1.235 billion yuan, reflecting an increase of 85.17% year-on-year [1] Dividend and Share Buyback - The board approved an annual dividend policy, setting the dividend amount for this year at approximately $80 million [1] - The existing share buyback plan has been extended by 12 months until the end of August 2026, with a maximum buyback amount increased to $250 million from the previous $150 million [1] Analyst Ratings and Price Targets - Citigroup raised its earnings forecasts for Boss Zhipin for 2025 to 2027 by 5%, 4%, and 3% respectively, and increased the target price from $21 to $26, maintaining a "Buy" rating [1] - Jefferies also raised its target price from $20 to $24, while maintaining a "Buy" rating [1]

Core Viewpoint - Boss Zhipin (BZ.US) shows strong performance with a pre-market increase of over 3.2%, reaching $22.8, following a previous day increase of approximately 4.8% [1] Financial Performance - For the mid-year 2025, Boss Zhipin reported total revenue of 4.026 billion yuan, a year-on-year increase of 11.19% [1] - The net profit attributable to shareholders reached 1.235 billion yuan, reflecting a significant year-on-year increase of 85.17% [1] - The average monthly active users reached 60.6 million, up 19.8% from 50.6 million in the same period of 2024 [1] Dividend and Share Buyback - The board approved an annual dividend policy, setting the dividend amount for this year at approximately $80 million [1] - The existing share buyback plan has been extended by 12 months until the end of August 2026, with a maximum buyback amount increased to $250 million from the previous $150 million [1] Analyst Ratings - Citigroup published a research report indicating that Boss Zhipin's Q2 performance was robust, with revenue and profit exceeding expectations [1] - The firm raised its earnings forecasts for 2025 to 2027 by 5%, 4%, and 3% respectively, and increased the target price for the stock from $21 to $26, maintaining a "Buy" rating [1]

Group 1 - BOSS Zhipin announced the appointment of Chen Xu as the new president effective August 20, 2025, to optimize governance structure and enhance organizational efficiency [1] - Chen Xu will report directly to the company's founder, chairman, and CEO Zhao Peng [1] - Chen Xu will no longer serve as Chief Marketing Officer from the effective date but will continue as an executive director [1] Group 2 - Chen Xu, aged 49, has over 24 years of marketing experience in the Greater China region [1] - Prior to joining BOSS Zhipin, Chen Xu served as Vice President at JiuXian.com from November 2015 to November 2016 [1] - Chen Xu has been a director at BOSS Zhipin since May 2021 and was reappointed as an executive director on December 16, 2022 [1] Group 3 - Dong Mengyuan has resigned from her positions as independent non-executive director, chair of the audit committee, member of the remuneration committee, and member of the corporate governance committee [1] - Liu Hongyu has been appointed as the chair of the audit committee and a member of the corporate governance committee [1] - Li Yan has been appointed as a member of the remuneration committee [1]

每年，数百万求职者都会仔细研读招聘启事，精心调整简历，力求匹配雇主所宣称看重的特定技能与资 质。与此同时，招聘经理们一场接一场地进行面试，坚信自己能有效地评估候选人是否符合要求。 但倘若这种关于招聘运作方式的基本假设是错误的呢？ 如今，我们首次能够用数据而非猜测来回答这个问题。得益于面试录音与转录技术的进步，我们现在得 以窥探招聘的 "黑匣子"，了解候选人和面试官坐在一起时究竟发生了什么。结果揭示出一种脱节现 象，这可能正在影响各个行业的招聘决策。 这些结果源自BrightHire与哈佛商学院 "管理未来工作" 项目近期联合开展的一项全面分析，该分析涵盖 了44家公司1311个职位的23000份面试转录文本。分析发现，尽管招聘启事犹如详细路线图，指明雇主 所宣称的需求，但面试过程却常常偏离正轨。更值得注意的是，随着人工智能以前所未有的速度重塑技 能格局，各公司在很大程度上未能评估候选人是否具备任何人工智能相关经验。 系统性评估的错觉 最初的数据看似令人安心。仅一轮面试后，招聘启事中列出的技能，近80% 都被提及。到第二轮面试 时，这一比例攀升至91%。表面上看，这表明招聘流程按预期运作，即依据明确定义的标准系 ...

于2025年8月20日，董事会批准对2024年8月通过的现有股份回购计划的修订，将该计划延长12个月至 2026年8月28日，并授权于经延长12个月期间回购不超过2.5亿美元的公司股份（包括美国存托股）。 来源：金融界 截至2025年6月30日止12个月的总付费企业客户为650万，较截至2024年6月30日止12个月的590万增加 10.2%。 2025年第二季度的平均月活跃用户为6360万，较2024年同季度增加16.5%。 公司目前预期2025年第三季度总收入介于人民币21.3亿元至人民币21.6亿元之间，同比增加11.4%至 13.0%。 8月21日消息，周三盘前，BOSS直聘发布2025第二季度财报业绩报告。数据显示，2025年第二季度，公 司实现营收21.02亿元，同比上涨9.7%。长期以来，公司收入结构以招聘端为主，占比达到99%。第二 季度，来自招聘端的收入为20.78亿元，同比上涨9.8%。2025年第二季度的经营利润为人民币6.51亿元 （9090万美元），较2024年同季度增加81.6%。2025年第二季度的经调整经营利润为人民币8.809亿元 （1.23亿美元），较2024年同季度增加3 ...

Core Viewpoint - BOSS Zhipin reported strong financial performance for Q2 2025, with revenue and profit growth driven by an expanding user base and effective cost management [2][6]. Financial Performance - Revenue for Q2 2025 reached 2.102 billion yuan, a year-on-year increase of 9.7%, exceeding market expectations [2]. - Net profit for the same period was 710 million yuan, showing significant growth, while adjusted operating profit rose by 33.4% to 880 million yuan [6]. - The company plans to distribute a cash dividend of approximately 80 million USD and extend its share buyback program to repurchase up to 250 million USD of its shares [7]. User Growth and Market Dynamics - The number of paying enterprise clients increased to 6.5 million, a year-on-year growth of 10.2% [4]. - The job market showed improvement, with new job postings for fresh graduates increasing by over 18% from June to July [9]. - The average monthly active users (MAU) reached 63.6 million, up 16.5% year-on-year [6]. AI Integration and Product Development - The company is actively integrating AI into its operations, enhancing user experience and operational efficiency [10][11]. - AI tools are being utilized for job matching and recruitment optimization, with a significant increase in users leveraging these features [10][11]. Market Sentiment and Institutional Support - Major financial institutions, including Goldman Sachs and Morgan Stanley, have issued buy/hold ratings for BOSS Zhipin, indicating positive market sentiment [8]. - The recent stock issuance in Hong Kong attracted significant interest, with oversubscription from both institutional and retail investors [7].

Core Viewpoint - BOSS Zhipin reported strong growth in user base, revenue, and profitability for Q2 2025, driven by improvements in the recruitment market and the application of AI technology across its operations [1][3][6] Financial Performance - In Q2 2025, the company achieved revenue of 2.102 billion yuan, a year-on-year increase of 9.7%, surpassing market expectations [1] - Revenue from the recruitment segment was 2.078 billion yuan, up 9.8% year-on-year [1] - Net profit reached 710 million yuan, showing significant growth, while adjusted operating profit was 880 million yuan, reflecting a 33.4% increase year-on-year [3] User Growth and Engagement - As of June 30, 2025, the number of paid enterprise clients reached 6.5 million, a year-on-year increase of 10.2% [1] - The average monthly active users (MAU) for the app rose to 63.6 million, a 16.5% increase year-on-year [1] AI Integration and Development - The company continues to enhance its AI capabilities, applying AI in product development, customer service, and operational efficiency [3][7] - The number of users utilizing AI tools for job searching and recruitment is on the rise, with AI-driven features improving user experience and efficiency [3][4] - AI tools are being used to optimize job postings and assist in candidate matching, with a focus on enhancing rather than replacing human roles [4][6] Market Outlook - Multiple institutions, including Goldman Sachs and Morgan Stanley, have positive outlooks on BOSS Zhipin, citing the potential of AI technology to enhance business development and user experience [6] - International long-term investors have increased their holdings in BOSS Zhipin during Q2 [6] Security Enhancements - The security team has intensified the use of AI to improve risk control capabilities, enhancing the identification of violations and improving user safety [7] - AI is being utilized for daily inspections and risk alerts, providing timely notifications to users [7]

Group 1 - The company reported total revenue of 2.102 billion RMB for the second quarter ending June 30, 2025, representing a year-on-year increase of 9.69% [1] - The net profit attributable to shareholders was 716 million RMB, a significant year-on-year increase of 69.87% [1] - The basic earnings per share were 0.81 RMB [1] Group 2 - Online recruitment service revenue for enterprise clients reached 2.078 billion RMB in Q2 2025, up 9.8% from 1.893 billion RMB in the same quarter of 2024, driven by an increase in paying enterprise clients [1] - The total number of paying enterprise clients increased to 6.5 million, a 10.2% rise from 5.9 million in the twelve months ending June 30, 2024 [1] - The average monthly active users for Q2 2025 were 63.6 million, reflecting a 16.5% increase from 54.6 million in the same quarter of 2024 [1] Group 3 - The company announced an annual dividend policy with a total dividend amount of approximately 80 million USD and a share buyback plan of up to 250 million USD [2] - The CFO highlighted the dual high-quality growth in revenue and profit margins, affirming the effectiveness of the company's business model and cost control strategies [2] - The company completed a share issuance in July, raising a net amount of 2.2 billion HKD to enhance stock trading activity in the Hong Kong market [2]

格隆汇8月20日丨BOSS直聘-W(02076.HK)公告，2025年第二季度的收入为人民币2,102.4百万元（293.5 百万美元），较2024年同季度的人民币1,916.7百万元增加9.7%。2025年第二季度的经营利润为人民币 651.2百万元（90.9百万美元），较2024年同季度的人民币358.6百万元增加81.6%。2025年第二季度的经 调整经营利润为人民币880.9百万元（123.0百万美元），较2024年同季度的人民币660.1百万元增加 33.4%。 2025年第二季度的净利润为人民币711.2百万元（99.3百万美元），较2024年同季度的人民币417.3百万 元增加70.4%。2025年第二季度的经调整净利润为人民币940.9百万元（131.3百万美元），较2024年同 季度的人民币718.7百万元增加30.9%。 截至2025年6月30日止12个月的总付费企业客户为6.5百万，较截至2024年6月30日止12个月的5.9百万增 加10.2%。 2025年第二季度的平均月活跃用户为63.6百万，较2024年同季度的54.6百万增加16.5%。 公司目前预期2025年第三季度总收入介于 ...

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]