9月23日，BOSS直聘发布《招聘者违规行为专项治理进展通报》，对平台内隐晦色情岗位、沟通中对求 职者性骚扰，以及脱离平台后，在面试环节引导求职者转向色情岗位，或在其他平台沟通中存在违规性 骚扰行为开展专项治理，6-8月已累计封禁账号2000个。 值得注意的是，针对一些证据确凿、情节较为严重的违规招聘者，BOSS直聘直接通报至涉事招聘者所 在企业，建议其内部处置与培训整改。在最近一批的沟通中，多家公司表示积极配合，并承诺加强招聘 者管理；也有企业向平台反馈，涉事员工已被解除劳动关系。 业内人士认为，在积极受理用户举报，配合监管、执法部门执法等举措的基础上，招聘平台这类"往前 一步"的举措在行业治理中具有示范效应，有助于团结用人单位一同加强对企业中负责招聘工作的员工 的管理。 2025年9月 安全、平等、友善的求职招聘环境是用户的共同期待, 也是BOSS直聘的不懈追求。 安全团队会定期针对平台招聘者的违规行为开展专项治 理活动,过去一段时间对三类招聘者违规情形进行了重 点治理: 在线上沟通中对求职者进行性骚扰 违规发布隐晦"色情助理"职位 发布正常职位后在沟通中招募色情助理 月均封禁涉招聘性骚扰的账号超 300 ...

据通报，平台月均封禁涉招聘性骚扰账号超300个，月均封禁涉招募色情助理账号超330个。在专项治理 期间，累计封禁账号近2000个。 同时，BOSS直聘也在优化举报反馈流程，超过八成的相关举报能在3分钟内完成受理与反馈。 BOSS直聘方面表示，相关违规行为一直是平台的"高压线"。在这次专项治理中，AI技术成为平台的"前 哨"。通过AI大模型的上下文语义识别能力，系统能够提前拦截更多隐晦的违规信息，再由人工团队进 行复核，从而实现"快速锁定，精准打击"。 目前平台每日拦截涉色情风险的岗位超200个，其中约20%为AI大模型提前识别。BOSS直聘方面表示， 专项治理中升级的手段后续将转为常态化。公司持续加大在"人工+AI"双重审核体系上的投入，进一步 提高风险识别能力。 值得注意的是，针对一些证据确凿、情节较为严重的违规招聘者，BOSS直聘会通报至涉事招聘者所在 企业，建议其内部处置与培训整改。 新浪科技讯 9月23日上午消息，招聘平台BOSS直聘发布了《招聘者违规行为专项治理进展通报》。通 报显示，平台在2025年6月到8月对三类违规情形进行了重点打击，包括在线沟通中对求职者实施性骚 扰，违规发布隐晦的"色情助理 ...

Core Viewpoint - BOSS Zhipin is actively addressing violations in the recruitment process to ensure a safe, equal, and friendly job-seeking environment, focusing on specific types of misconduct from June to August 2025 [1][2][3] Group 1: Types of Violations - The platform is targeting three main types of violations: 1. Sexual harassment against job seekers during online communication [1] 2. Inappropriate job postings disguised as "sexual assistant" positions [2] 3. Guiding job seekers towards sexual positions after initially posting legitimate job offers [3] Group 2: Enforcement Actions - During the special governance period, nearly 2,000 accounts related to these violations were banned [3] - In cases with clear evidence and serious circumstances, the safety team reported the violations to the respective companies for internal handling and training rectification [3] Group 3: Recommendations for Job Seekers - BOSS Zhipin advises job seekers to communicate primarily within the platform and to save chat records [3] - If communication leads to ambiguous, suggestive, or inappropriate job descriptions or comments, job seekers should immediately cease communication and report through the platform [3]

智通财经APP获悉，国泰海通发布研报称，维持BOSS直聘-W(02076)增持评级。受宏观经济波动及自身 增速均值回归的影响，公司收入增速放缓，但公司进行了出色的费用控制，在保证核心经营指标继续正 增长的情况下，利润率继续提升。考虑宏观经济波动，维持2025/26/27年经调整归母净利润至 32.75/39.64/46.7亿元人民币(下同)。给予2025年高于行业平均30xPE估值，2025年目标市值950亿元人民 币，以1HKD=0.9109CNY汇率计算，对应1,043亿港币，对应目标价109.66元港币。 国泰海通主要观点如下： 25Q2业绩超预期，尽管收入增速放缓，但受益于规模经济，费用率方面提效明显。后续预期相对乐 观，收入增速有望逐季改善。业绩简述：公司25Q2营业收入21.02亿/+9.7%;GAAP净利润7.11亿/+70.4%; 经调整净利润9.41亿/+30.9%。股息及分红：宣布8,000万美元股息+2.5亿美元回购计划。 业绩超预期，收入放缓但利润持续释放 收入增速预计环比改善，AI布局及落地规划加速 ①根据公司业绩指引，预计25Q3收入为21.3~21.6亿元，同比+11.4~13% ...

Core Viewpoint - The article emphasizes the importance of vigilance among recent graduates during the peak recruitment season, highlighting four common job-seeking scams that they should be aware of to protect their financial interests [1][2]. Group 1: Types of Scams - The first type of scam is "paid internal referrals," where fraudsters impersonate HR or employees from reputable companies, promising quick job placements in exchange for fees [1]. - The second type is "false assessments," where scammers require job seekers to download unknown apps or click suspicious links, often leading to financial exploitation [2]. - The third type involves "high-paying part-time jobs," where individuals are lured with fake job offers and later asked to pay various fees under false pretenses [2]. - The fourth type is "training loans," where scammers convince job seekers to enroll in expensive training programs with promises of high-paying jobs, leading to significant debt [2]. Group 2: Reporting and Prevention Measures - The platform BOSS Zhipin has enhanced its reporting mechanism, allowing users to report suspicious activities easily, with verified reports leading to strict actions against violators [3]. - BOSS Zhipin has implemented AI technology to identify and review high-risk job postings, aiming to create a safer job-seeking environment [5]. - The company provides four risk prevention guidelines for job seekers: use official channels for applications, avoid paying any fees, verify the credentials of recruiters, and protect personal information from unverified sources [5].

Core Viewpoint - BOSS Zhipin's revenue for the second quarter reached 2.1 billion yuan, representing a year-on-year growth of 9.7%, slightly exceeding expectations [1] - The non-GAAP net profit was 946 million yuan, higher than anticipated, primarily due to strong gross margin performance and effective control of sales and R&D expense ratios [1] - The guidance for third-quarter revenue is projected to be between 2.13 billion and 2.16 billion yuan, in line with expectations [1] Financial Projections - The company maintains its revenue forecasts for this year and next year, while increasing its non-GAAP net profit estimates by 8% and 6% to 3.52 billion and 3.75 billion yuan, respectively [1] - The target price for BOSS Zhipin's U.S. stock has been raised by 9.5% to $23, with a maintained "outperform" rating, reflecting improved recruitment demand and better-than-expected expense control [1]

Core Insights - BOSS Zhipin (BZ.US) shares rose over 7%, closing at $23.68, following the release of its financial report [1] - In Q2 2025, BOSS Zhipin reported revenue of 2.102 billion yuan, a 9.7% increase compared to the same period in 2024 [1] - The CEO Zhao Peng indicated a recovery trend in the recruitment market and limited impact from external competition on the recruitment business [1] Company Updates - 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] - Following this appointment, Chen Xu will no longer serve as Chief Marketing Officer but will continue as an executive director [1]

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]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of $27.62, up from a previous target of $23.11 [6][4]. Core Insights - The company reported Q2 2025 revenue of 21.02 billion RMB, slightly exceeding Huatai's forecast of 20.7 billion RMB, with a year-over-year growth of 9.7%. Adjusted net profit reached 9.46 billion RMB, significantly above the forecast of 8.48 billion RMB, reflecting a year-over-year increase of 30.8% [1][4]. - The overall recruitment demand continues to recover, with a notable improvement in the supply-demand relationship. The number of monthly active users (MAU) reached 63.6 million, a year-over-year increase of 16.5%, and the number of enterprise paying users grew by 10.2% year-over-year [2][3]. - The company is experiencing scale effects, with a gross margin of 85.4%, up 1.9 percentage points year-over-year. The sales expense ratio decreased by 8.4 percentage points, indicating improved marketing efficiency [3][4]. Revenue and Profit Forecast - The revenue forecast for FY25-FY27 has been slightly revised upwards to 82 billion RMB, 94 billion RMB, and 106.9 billion RMB, respectively. The adjusted net profit forecast has also been increased to 35.2 billion RMB, 37.7 billion RMB, and 44.5 billion RMB for the same period [4][11]. - The company expects Q3 2025 revenue to be between 21.3 billion RMB and 21.6 billion RMB, representing a year-over-year growth of 11.4% to 12% [2][3]. Financial Metrics - The company achieved an adjusted operating profit of 8.8 billion RMB in Q2 2025, corresponding to a profit margin of 41.9%, which is better than the forecast of 7.9 billion RMB [3][4]. - The report indicates a projected adjusted EPS of 5.71 RMB for 2025, with a PE ratio of 25.92 [10][19]. Market Position - The recruitment demand is showing signs of recovery, particularly in the internet sector, with blue-collar job demand improving since May. Small and micro enterprises are recovering at the fastest pace, with companies having fewer than 20 employees accounting for about 20% of Q2 revenue [2][3].

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 ...