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6-K 1 tm2623958d1_6k.htm FORM 6-K

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2026

 

 

 

Commission File Number: 001-40460

 

 

 

KANZHUN LIMITED

 

21/F, GrandyVic Building,

Taiyanggong Middle Road

Chaoyang District, Beijing 100028

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  x        Form 40-F  ¨

 

 

 

 

 

 

 

Exhibit Index

 

Exhibit No.   Description
99.1   Press Release — KANZHUN LIMITED Announces Second Quarter 2026 Financial Results
99.2   Press Release — KANZHUN LIMITED Declares Annual Cash Dividend

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  KANZHUN LIMITED
       
  By : /s/ Peng Zhao
  Name : Peng Zhao
  Title : Director and Chief Executive Officer

 

Date: August 25, 2026

 

 

 

EX-99.1 2 tm2623958d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

KANZHUN LIMITED Announces Second Quarter 2026 Financial Results

 

BEIJING, August 25, 2026 – 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, 2026.

 

Second Quarter 2026 Highlights

 

· Total paid enterprise customers1 in the twelve months ended June 30, 2026 were 7.2 million, an increase of 10.8% from 6.5 million in the twelve months ended June 30, 2025.

 

· Average monthly active users2 for the second quarter of 2026 were 70.2 million, an increase of 10.4% from 63.6 million for the same quarter of 2025.

 

· Revenues for the second quarter of 2026 were RMB2,398.6 million (US$353.5 million), an increase of 14.1% from RMB2,102.4 million for the same quarter of 2025.

 

· Income from operations for the second quarter of 2026 was RMB863.2 million (US$127.2 million), an increase of 32.6% from RMB651.2 million for the same quarter of 2025. Adjusted3 income from operations for the second quarter of 2026 was RMB1,049.7 million (US$154.7 million), an increase of 19.2% from RMB880.9 million for the same quarter of 2025.

 

· Net income for the second quarter of 2026 was RMB1,942.3 million (US$286.3 million), an increase of 173.1% from RMB711.2 million for the same quarter of 2025. Adjusted net income for the second quarter of 2026 was RMB1,029.2 million (US$151.7 million), an increase of 9.4% from RMB940.9 million for the same quarter of 2025.

 

Mr. Jonathan Peng Zhao, Founder, Chairman and Chief Executive Officer of the Company, remarked, “We are delighted to report that the Company continued to deliver strong sets of financials for the quarter, with both revenue and profit growth accelerating. Multiple operating metrics reached record highs in the second quarter, with average monthly active users on the BOSS Zhipin app surpassing 70 million for the first time, further reinforcing the Company’s industry-leading position and competitive moat.

 

We are continuing to invest firmly in our Artificial Intelligence (AI) foundation model capabilities, while advancing the rollout of AI across both our user-facing and commercial products. We have applied AI to improve job-seeking and recruitment efficiency and matching accuracy, and we have also extended these capabilities across the full recruitment process, including AI-hosted or AI-assisted chats and AI interviews. These initiatives have received positive user feedback, and our initial commercialization efforts point to substantial market potential.

 

At the same time, we place great importance on delivering value to our shareholders. The Company has declared an annual dividend of approximately US$230 million. Together with over US$300 million of share buybacks completed year-to-date, total shareholder returns through dividends and share buybacks this year have already exceeded 100% of the prior year’s adjusted net income.”

 

 

1 Paid enterprise customers are defined as enterprise users and company accounts from which the Company recognizes revenues for online recruitment services.
2 Monthly active users refer to the number of verified user accounts, including both job seekers and enterprise users, that logged on to the Company’s mobile application in a given month at least once.
3 It is a non-GAAP financial measure. For more information about non-GAAP financial measures, please see the sections entitled “Non-GAAP Financial Measures” and “Unaudited Reconciliation of GAAP and Non-GAAP Results.”

 

1

 

 

Ms. Wenbei Wang, Deputy Chief Financial Officer of the Company, added, “The Company continued to deliver a high-quality growth in the second quarter, with revenue up 14.1% year-on-year, accelerating from the first quarter, alongside a year-on-year improvement in margins. During the second quarter, we sponsored the 2026 FIFA World Cup, and earned positive market feedback. By harnessing AI across our operations to enhance operating and management efficiency, combined with strong operating leverage, our income from operations grew 32.6% year-on-year, and our operating margin expanded by 5.0 percentage points, further validating the efficiency of our business model and the strength of our management execution.

 

We remain firmly committed to shareholder returns, with healthy cash flow and ample cash reserves supporting our share buyback and dividend arrangements.”

 

Second Quarter 2026 Financial Results

 

Revenues

 

Revenues were RMB2,398.6 million (US$353.5 million) for the second quarter of 2026, representing an increase of 14.1% from RMB2,102.4 million for the same quarter of 2025.

 

· Revenues from online recruitment services to enterprise customers were RMB2,384.0 million (US$351.4 million) for the second quarter of 2026, representing an increase of 14.7% from RMB2,077.6 million for the same quarter of 2025. This increase was mainly driven by the paid enterprise customer growth.

 

· Revenues from other services, primarily comprising paid value-added services offered to job seekers, were RMB14.6 million (US$2.2 million) for the second quarter of 2026, decreasing from RMB24.8 million for the same quarter of 2025. The decrease was mainly driven by the optimization of certain value-added features for job seekers since the third quarter of 2025. The Company simplified these offerings to enhance the value proposition for job seekers, prioritizing platform engagement and long-term ecosystem growth.

 

Operating cost and expenses

 

Total operating cost and expenses were RMB1,542.5 million (US$227.3 million) for the second quarter of 2026, representing an increase of 6.1% from RMB1,454.4 million for the same quarter of 2025. Total share-based compensation expenses were RMB186.4 million (US$27.5 million) for the second quarter of 2026, representing a decrease of 18.9% from RMB229.7 million for the same quarter of 2025.

 

· Cost of revenues was RMB312.4 million (US$46.0 million) for the second quarter of 2026, representing an increase of 1.6% from RMB307.5 million for the same quarter of 2025, primarily due to an increase in server and bandwidth cost, partially offset by decreases in payment processing cost and share-based compensation expenses.

 

· Sales and marketing expenses were RMB580.9 million (US$85.6 million) for the second quarter of 2026, representing an increase of 38.3% from RMB419.9 million for the same quarter of 2025, primarily driven by higher advertising and marketing expenses incurred mainly for the 2026 FIFA World Cup campaigns, as well as an increase in sales employee-related expenses.

 

· Research and development expenses were RMB430.5 million (US$63.5 million) for the second quarter of 2026, representing an increase of 3.5% from RMB416.0 million for the same quarter of 2025, primarily due to an increase in cloud service fees.

 

· General and administrative expenses were RMB218.6 million (US$32.2 million) for the second quarter of 2026, representing a decrease of 29.7% from RMB311.0 million for the same quarter of 2025, primarily due to a decrease in employee-related expenses.

 

2

 

 

Income from operations and adjusted income from operations

 

Income from operations was RMB863.2 million (US$127.2 million) for the second quarter of 2026, representing an increase of 32.6% from RMB651.2 million for the same quarter of 2025.

 

Adjusted income from operations was RMB1,049.7 million (US$154.7 million) for the second quarter of 2026, representing an increase of 19.2% from RMB880.9 million for the same quarter of 2025.

 

Interest and investment income, net

 

Interest and investment income was RMB1,632.5 million (US$240.6 million) for the second quarter of 2026, compared with RMB157.0 million for the same quarter of 2025. The increase was primarily attributable to investment income of RMB1,466.1 million arising from fair value changes of investments in an investee company, which completed its initial public offering in January 2026.

 

Income tax expenses

 

Income tax expenses were RMB550.3 million (US$81.1 million) for the second quarter of 2026, compared with RMB97.1 million for the same quarter of 2025. The increase was primarily driven by the tax effect of RMB366.5 million associated with the aforementioned investment income, together with withholding tax of RMB19.7 million, a top-up tax of RMB10.3 million under the Pillar Two rules, and an increase in income from operations.

 

Net income and adjusted net income

 

Net income was RMB1,942.3 million (US$286.3 million) for the second quarter of 2026, representing an increase of 173.1% from RMB711.2 million for the same quarter of 2025.

 

Adjusted net income was RMB1,029.2 million (US$151.7 million) for the second quarter of 2026, representing an increase of 9.4% from RMB940.9 million for the same quarter of 2025, primarily driven by an increase in adjusted income from operations, partially offset by an increase in income tax expenses.

 

Net income per American depositary share (“ADS”) and adjusted net income per ADS

 

Basic and diluted net income per ADS attributable to ordinary shareholders for the second quarter of 2026 were RMB4.28 (US$0.63) and RMB4.20 (US$0.62), respectively, compared with basic and diluted net income per ADS of RMB1.62 and RMB1.58 for the same quarter of 2025.

 

Adjusted basic and diluted net income per ADS attributable to ordinary shareholders for the second quarter of 2026 were RMB2.27 (US$0.33) and RMB2.23 (US$0.33), respectively, compared with adjusted basic and diluted net income per ADS of RMB2.14 and RMB2.09 for the same quarter of 2025.

 

3

 

 

Net cash provided by operating activities

 

Net cash provided by operating activities was RMB944.8 million (US$139.2 million) for the second quarter of 2026, representing a decrease of 10.2% from RMB1,051.9 million for the same quarter of 2025. This decrease was primarily attributable to increases in advertising and marketing expenditures and tax payments, as well as a decrease in interest and investment income received, partially offset by an increase in cash billings collected from customers.

 

Cash position

 

As of June 30, 2026, the balance of cash and cash equivalents, short-term time deposits and short-term investments (excluding investments in equity securities) was RMB18,807.2 million (US$2,771.8 million).

 

Declaration of Annual Cash Dividend

 

Under the Company’s annual dividend policy, the Company’s board of directors (the “Board”) has approved an annual cash dividend (the “Dividend”) of US$0.255 per ordinary share, or US$0.510 per ADS, to holders of ordinary shares and holders of ADSs of record as of the close of business on September 28, 2026, Beijing Time and New York Time, respectively, payable in U.S. dollars. The ex-dividend date for holders of ordinary shares in Hong Kong will be September 25, 2026 and the ex-dividend date for holders of ADSs will be September 28, 2026. The aggregate amount of the Dividend to be paid will be approximately US$230 million, which will be funded by surplus cash on the Company’s balance sheet.

 

For holders of ordinary shares, in order to qualify for the Dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong no later than 4:30 p.m. on September 28, 2026 (Beijing/Hong Kong Time). Dividend to be paid to the Company’s ADS holders through the depositary bank will be subject to the terms of the deposit agreement. The payment date is expected to be on October 6, 2026 for holders of ordinary shares and on or around October 14, 2026 for holders of ADSs.

 

Shareholder Return Plan

 

On March 18, 2026, the Company announced that, subject to the final determination of the Board and the prevailing market conditions, the Company expects to allocate no less than 50% of the Company’s adjusted net income (a non-GAAP financial measure) of the preceding fiscal year for distribution of dividend under the annual dividend policy and share repurchases for each of the next three years starting from 2026.

 

In addition, on March 18, 2026, the Board approved amendments to the existing share repurchase program, increasing the total authorization under the program to repurchase up to US$400 million of the Company’s shares (including ADSs) over the extended term of the program through August 28, 2027.

 

4

 

 

Outlook

 

For the third quarter of 2026, the Company currently expects its total revenues to be between RMB2.41 billion and RMB2.50 billion, representing a year-on-year increase of 11.4% to 15.6%. This forecast reflects the Company’s current views on the market and operational conditions in China, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof.

 

Conference Call Information

 

The Company will host a conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 25, 2026 (8:00 PM Beijing Time on Tuesday, August 25, 2026) to discuss the financial results.

 

Participants are required to pre-register for the conference call at:

https://register-conf.media-server.com/register/BI270c41bec5db48968b0cb374ee844028

 

Upon registration, participants will receive an email containing participant dial-in numbers and a unique personal PIN. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.

 

Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.zhipin.com.

 

Exchange Rate

 

This press release contains translations of certain RMB amounts into U.S. dollar (“US$”) amounts at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the exchange rate of RMB6.7851 to US$1.00 on June 30, 2026 as set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all.

 

Non-GAAP Financial Measures

 

In evaluating the business, the Company considers and uses non-GAAP financial measures, such as adjusted income from operations, adjusted net income, adjusted net income attributable to ordinary shareholders, adjusted basic and diluted net income per ordinary share attributable to ordinary shareholders and adjusted basic and diluted net income per ADS attributable to ordinary shareholders as supplemental measures to review and assess operating performance. The Company defines these non-GAAP financial measures by excluding the impact of share-based compensation expenses and net gains from investments in an investee company from the related GAAP financial measures. The Company believes that these non-GAAP financial measures help identify underlying trends in the business and facilitate investors’ assessment of the Company’s operating performance.

 

The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP information used by other companies. The non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as a substitute for most directly comparable GAAP financial measures. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.

 

A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures has been provided in the table captioned “Unaudited Reconciliation of GAAP and Non-GAAP Results” at the end of this press release.

 

5

 

 

Safe Harbor Statement

 

This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Among other things, the outlook and quotations from management in this press release contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of The Stock Exchange of Hong Kong Limited, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

About KANZHUN LIMITED

 

KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.

 

For investor and media inquiries, please contact:

 

KANZHUN LIMITED

Investor Relations

Email: ir@kanzhun.com

 

PIACENTE FINANCIAL COMMUNICATIONS

Email: kanzhun@tpg-ir.com

 

6

 

 

KANZHUN LIMITED

Unaudited Condensed Consolidated Statements of Operations

(All amounts in thousands, except share and per share data)

 

    For the three months ended June 30,     For the six months ended June 30,  
    2025     2026     2025     2026  
    RMB     RMB     US$     RMB     RMB     US$  
Revenues                                    
Online recruitment services to enterprise customers     2,077,599       2,383,975       351,354       3,978,981       4,441,762       654,635  
Others     24,834       14,628       2,156       46,729       25,633       3,778  
Total revenues     2,102,433       2,398,603       353,510       4,025,710       4,467,395       658,413  
Operating cost and expenses                                                
Cost of revenues(1)     (307,457 )     (312,422 )     (46,045 )     (618,265 )     (610,638 )     (89,997 )
Sales and marketing expenses(1)     (419,873 )     (580,945 )     (85,621 )     (911,100 )     (1,083,176 )     (159,640 )
Research and development expenses(1)     (416,046 )     (430,530 )     (63,452 )     (839,614 )     (854,325 )     (125,912 )
General and administrative expenses(1)     (310,974 )     (218,632 )     (32,222 )     (576,485 )     (440,645 )     (64,943 )
Total operating cost and expenses     (1,454,350 )     (1,542,529 )     (227,340 )     (2,945,464 )     (2,988,784 )     (440,492 )
Other operating income, net     3,118       7,144       1,053       10,740       8,237       1,214  
Income from operations     651,201       863,218       127,223       1,090,986       1,486,848       219,135  
Interest and investment income, net     156,972       1,632,483       240,598       306,461       2,413,419       355,694  
Foreign exchange gain     623       278       41       54       1,057       156  
Other (expenses)/income, net     (551 )     (3,372 )     (497 )     (1,168 )     16,005       2,359  
Income before income tax expenses     808,245       2,492,607       367,365       1,396,333       3,917,329       577,344  
Income tax expenses     (97,071 )     (550,261 )     (81,098 )     (173,065 )     (849,207 )     (125,158 )
Net income     711,174       1,942,346       286,267       1,223,268       3,068,122       452,186  
Net loss attributable to non-controlling interests     5,224       2,762       407       11,264       33,679       4,964  
Net income attributable to ordinary shareholders of KANZHUN LIMITED     716,398       1,945,108       286,674       1,234,532       3,101,801       457,150  
Weighted average number of ordinary shares used in computing net income per share                                                
— Basic     882,926,914       908,082,212       908,082,212       876,959,135       917,870,090       917,870,090  
— Diluted     906,887,558       925,607,684       925,607,684       901,237,045       936,850,131       936,850,131  
Net income per ordinary share attributable to ordinary shareholders                                                
— Basic     0.81       2.14       0.32       1.41       3.38       0.50  
— Diluted     0.79       2.10       0.31       1.37       3.31       0.49  
Net income per ADS(2) attributable to ordinary shareholders                                                
— Basic     1.62       4.28       0.63       2.82       6.76       1.00  
— Diluted     1.58       4.20       0.62       2.74       6.62       0.98  

 

(1) Include share-based compensation expenses as follows:

 

    For the three months ended June 30,     For the six months ended June 30,  
    2025     2026     2025     2026  
    RMB     RMB     US$     RMB     RMB     US$  
Cost of revenues     6,896       2,366       349       16,507       5,559       819  
Sales and marketing expenses     52,356       59,955       8,836       126,593       114,862       16,929  
Research and development expenses     78,065       69,913       10,304       166,598       143,053       21,083  
General and administrative expenses     92,409       54,211       7,990       171,791       113,949       16,794  
Total     229,726       186,445       27,479       481,489       377,423       55,625  

 

(2) Each ADS represents two Class A ordinary shares.

 

7

 

 

KANZHUN LIMITED

Unaudited Condensed Consolidated Balance Sheets

(All amounts in thousands)

 

    As of  
    December 31, 2025     June 30, 2026  
    RMB     RMB     US$  
ASSETS                  
Current assets                        
Cash and cash equivalents     4,104,917       2,580,279       380,286  
Short-term time deposits     6,390,158       5,220,565       769,416  
Short-term investments     9,450,244       13,143,766       1,937,151  
Accounts and notes receivable, net     33,137       53,432       7,875  
Inventories     2,395       2,163       319  
Amounts due from related parties     9,241       10,415       1,535  
Prepayments and other current assets     365,205       592,274       87,291  
Total current assets     20,355,297       21,602,894       3,183,873  
Non-current assets                        
Long-term time deposits     782,460       -       -  
Long-term investments     1,898,178       3,671,576       541,123  
Property, equipment and software, net     1,245,022       1,277,199       188,236  
Right-of-use assets, net     161,452       210,762       31,063  
Intangible assets, net     100,909       91,608       13,501  
Goodwill     6,528       6,528       962  
Deferred tax assets     18,168       15,167       2,235  
Total non-current assets     4,212,717       5,272,840       777,120  
Total assets     24,568,014       26,875,734       3,960,993  
LIABILITIES AND SHAREHOLDERS’ EQUITY                        
Current liabilities                        
Accounts payable     119,966       315,096       46,439  
Deferred revenue(1)     3,235,959       3,548,283       522,952  
Other payables and accrued liabilities     921,319       1,177,248       173,505  
Operating lease liabilities, current     94,016       116,667       17,195  
Total current liabilities     4,371,260       5,157,294       760,091  
Non-current liabilities                        
Operating lease liabilities, non-current     64,027       99,423       14,653  
Deferred tax liabilities     51,689       570,764       84,120  
Total non-current liabilities     115,716       670,187       98,773  
Total liabilities     4,486,976       5,827,481       858,864  
Total shareholders’ equity     20,081,038       21,048,253       3,102,129  
Total liabilities and shareholders’ equity     24,568,014       26,875,734       3,960,993  

 

(1) Under the PRC value-added tax law effective January 1, 2026, value-added tax related to deferred revenue is generally recognized earlier than previously required. As a result, deferred revenue as of June 30, 2026 decreased by RMB41.6 million from the balance under the prior tax regime.

 

8

 

 

KANZHUN LIMITED

Unaudited Condensed Consolidated Statements of Cash Flows

(All amounts in thousands)

 

    For the three months ended June 30,     For the six months ended June 30,  
    2025     2026     2025     2026  
    RMB     RMB     US$     RMB     RMB     US$  
Net cash provided by operating activities     1,051,896       944,754       139,240       2,055,005       2,134,857       314,639  
Net cash used in investing activities     (824,453 )     (308,639 )     (45,488 )     (1,503,279 )     (1,861,477 )     (274,348 )
Net cash provided by/(used in) financing activities     144,272       (1,389,947 )     (204,853 )     58,278       (1,749,282 )     (257,812 )
Effect of exchange rate changes on cash and cash equivalents     (2,629 )     (17,709 )     (2,610 )     (3,588 )     (48,736 )     (7,183 )
Net increase/(decrease) in cash and cash equivalents     369,086       (771,541 )     (113,711 )     606,416       (1,524,638 )     (224,704 )
Cash and cash equivalents at beginning of the period     2,790,420       3,351,820       493,997       2,553,090       4,104,917       604,990  
Cash and cash equivalents at end of the period     3,159,506       2,580,279       380,286       3,159,506       2,580,279       380,286  

 

9

 

 

KANZHUN LIMITED

Unaudited Reconciliation of GAAP and Non-GAAP Results

(All amounts in thousands, except share and per share data)

 

    For the three months ended June 30,     For the six months ended June 30,  
    2025     2026     2025     2026  
    RMB     RMB     US$     RMB     RMB     US$  
Income from operations     651,201       863,218       127,223       1,090,986       1,486,848       219,135  
Add: Share-based compensation expenses     229,726       186,445       27,479       481,489       377,423       55,625  
Adjusted income from operations     880,927       1,049,663       154,702       1,572,475       1,864,271       274,760  
                                                 
Net income     711,174       1,942,346       286,267       1,223,268       3,068,122       452,186  
Add: Share-based compensation expenses     229,726       186,445       27,479       481,489       377,423       55,625  
Less: Net gains from investments in an investee company(1)     -       (1,099,588 )     (162,059 )     -       (1,560,155 )     (229,938 )
Adjusted net income     940,900       1,029,203       151,687       1,704,757       1,885,390       277,873  
                                                 
Net income attributable to ordinary shareholders of KANZHUN LIMITED     716,398       1,945,108       286,674       1,234,532       3,101,801       457,150  
Add: Share-based compensation expenses     229,726       186,445       27,479       481,489       377,423       55,625  
Less: Net gains from investments in an investee company     -       (1,099,588 )     (162,059 )     -       (1,560,155 )     (229,938 )
Adjusted net income attributable to ordinary shareholders of KANZHUN LIMITED     946,124       1,031,965       152,094       1,716,021       1,919,069       282,837  
Weighted average number of ordinary shares used in computing adjusted net income per share (Non-GAAP)                                                
— Basic     882,926,914       908,082,212       908,082,212       876,959,135       917,870,090       917,870,090  
— Diluted     906,887,558       925,607,684       925,607,684       901,237,045       936,850,131       936,850,131  
Adjusted net income per ordinary share attributable to ordinary shareholders                                                
— Basic     1.07       1.14       0.17       1.96       2.09       0.31  
— Diluted     1.04       1.11       0.16       1.90       2.05       0.30  
Adjusted net income per ADS attributable to ordinary shareholders                                                
— Basic     2.14       2.27       0.33       3.91       4.18       0.62  
— Diluted     2.09       2.23       0.33       3.81       4.10       0.60  

 

(1) Represents gains arising from fair value changes of investments in an investee company, net of related income tax expenses. For the three and six months ended June 30, 2026, the pre-tax investment income amounted to RMB1,466.1 million and RMB2,080.2 million, with income tax expenses of RMB366.5 million and RMB520.1 million, respectively.

 

10

  

EX-99.2 3 tm2623958d1_ex99-2.htm EXHIBIT 99.2

 

Exhibit 99.2

 

KANZHUN LIMITED Declares Annual Cash Dividend

 

BEIJING, August 25, 2026 – KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that under the Company’s annual dividend policy, the Company’s board of directors has approved an annual cash dividend (the “Dividend”) of US$0.255 per ordinary share, or US$0.510 per ADS, to holders of ordinary shares and holders of ADSs of record as of the close of business on September 28, 2026, Beijing Time and New York Time, respectively, payable in U.S. dollars. The ex-dividend date for holders of ordinary shares in Hong Kong will be September 25, 2026, and the ex-dividend date for holders of ADSs will be September 28, 2026. The aggregate amount of the Dividend to be paid will be approximately US$230 million, which will be funded by surplus cash on the Company’s balance sheet.

 

For holders of ordinary shares, in order to qualify for the Dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong no later than 4:30 p.m. on September 28, 2026 (Beijing/Hong Kong Time). The Dividend to be paid to the Company’s ADS holders through the depositary bank will be subject to the terms of the deposit agreement. The payment date is expected to be on October 6, 2026 for holders of ordinary shares and on or around October 14, 2026 for holders of ADSs.

 

Mr. Jonathan Peng Zhao, Founder, Chairman and Chief Executive Officer of the Company, remarked, “We place great importance on delivering value to our shareholders. The Company has declared an annual dividend of approximately US$230 million. Together with over US$300 million of share buybacks completed year-to-date, total shareholder returns through dividends and share buybacks this year have already exceeded 100% of the prior year’s adjusted net income.”

 

Ms. Wenbei Wang, Deputy Chief Financial Officer of the Company, added, “We remain firmly committed to shareholder returns, with healthy cash flow and ample cash reserves supporting our share buyback and dividend arrangements.”

 

Safe Harbor Statement

 

This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Among other things, the outlook and quotations from management in this press release contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of The Stock Exchange of Hong Kong Limited, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

About KANZHUN LIMITED

 

KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.

 

For more information, please visit https://ir.zhipin.com.

 

For investor and media inquiries, please contact:

KANZHUN LIMITED

Investor Relations

Email: ir@kanzhun.com

 

PIACENTE FINANCIAL COMMUNICATIONS

Email: kanzhun@tpg-ir.com