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KANZHUN LIMITED Announces Board Changes

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KANZHUN LIMITED announces resignations and appointments of directors
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  • Ms. Shangyu Gao appointed as an independent non-executive director
  • Mr. Yan Li appointed as an independent non-executive director
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  • Resignations of Mr. Charles Zhaoxuan Yang and Mr. Yusheng Wang

BEIJING, Oct. 18, 2023 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that Mr. Charles Zhaoxuan Yang and Mr. Yusheng Wang have resigned as independent non-executive directors of the Company for personal reasons, effective on October 18, 2023.

In addition, with effect from October 18, 2023, Ms. Shangyu Gao has been appointed as an independent non-executive director of the Company, the chairman of the audit committee, a member of the compensation committee and a member of the corporate governance committee and Mr. Yan Li has been appointed as an independent non-executive director of the Company and the chairman of the nomination committee, the chairman of the corporate governance committee and a member of the audit committee.

Ms. Shangyu Gao is the founder and currently the general manager of Hainan Gaoshang Investment Group Co., Ltd., an investment management company. Prior to that, Ms. Gao held various positions at the investment and acquisition department at a group company of Tencent Holdings Limited from August 2015 to August 2023, with her last position being an investment director which she was responsible for business, financial and legal assessment, post-investment services and capital operation of investment projects in primary and secondary markets. Ms. Gao received her bachelor’s degree in economics from Tsinghua University in July 2013 and her master’s degrees in management from HEC Paris in October 2015 and from Tsinghua University in January 2016.

Mr. Yan Li is a seasoned strategic expert with over 20 years of experience in management services, which span across various business sectors, including intellectual property rights (“IPR”) protection and technology development. Mr. Li is currently serving as the general manager of Metis IP, a company which provides IPR related services. He was formerly the director and general manager of Beijing Runqian Information System Technology Co., Ltd., a PRC-based technology and software development company, from January 2006 to January 2016. Prior to that, Mr. Li was the division general manager of China International Electronic Commerce Center (CIECC), a China-based nationwide provider of e-commerce services and infrastructure, from November 2000 to June 2002. Mr. Li received his bachelor’s degree in science from Peking University in June 1994.

The Company would like to express its gratitude to Mr. Charles Zhaoxuan Yang and Mr. Yusheng Wang for their contributions to the Company and their service on the Board during their tenures. At the same time, the Company would like to welcome Ms. Shangyu Gao and Mr. Yan Li to the Board. The Company believes that their expertise and experience will be a valuable asset to its development.

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.

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. 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 annual report 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 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.

For investor and media inquiries, please contact:

KANZHUN LIMITED
Investor Relations
Email: ir@kanzhun.com

PIACENTE FINANCIAL COMMUNICATIONS
Email: kanzhun@tpg-ir.com


FAQ

Who resigned as independent non-executive directors of KANZHUN LIMITED?

Mr. Charles Zhaoxuan Yang and Mr. Yusheng Wang.

Who has been appointed as an independent non-executive director of KANZHUN LIMITED?

Ms. Shangyu Gao and Mr. Yan Li.

What is Ms. Shangyu Gao's background?

Ms. Shangyu Gao is the founder and general manager of Hainan Gaoshang Investment Group Co., Ltd.

What is Mr. Yan Li's background?

Mr. Yan Li is currently serving as the general manager of Metis IP and has over 20 years of experience in management services.

What is the Company's view on the appointments?

The Company believes that their expertise and experience will be a valuable asset to its development.

KANZHUN LIMITED American Depository Shares

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“boss直聘”是一款在全球范围内首创互联网“直聘”模式的在线招聘app,于 2014 年 7 月 13 日上线,致力于为职场 boss 和求职者搭建高效沟通、信息对等的平台。boss 直聘产品的核心是“直聊+精准匹配”,通过将在线聊天功能引入招聘场景,让应聘者和用人方直接沟通,从而跳过传统的冗长应聘环节,提升沟通效率。同时,boss 直聘应用前沿大数据技术,不断追求岗位与人才的多维度精准推荐与匹配,提升招聘效果。 boss 直聘目前已成长为中国最大的移动互联网招聘平台,拥有目前国内最大最丰富的招聘求职行为数据库和领先的机器学习能力。boss 直聘的用户遍布全国350 余座城市,并开设有北京、上海、深圳、广州、成都、杭州、西安、武汉、 青岛、郑州和南京等 18 个分公司。boss 直聘以迅猛的成长速度和良好的服务品质获得了业界广泛认可,连续斩获业界大奖。2016 年 12 月, 公司获得国家高新技术企业资质。2017年,boss直聘在美国开设分公司,开启出海计划。 founded in 2013, kanzhun ltd. is one of china's largest recruitment corporations driven by state-of-the-art technology and first-hand big data. the corporation currently operates three individual brands: kanzhun.com, showcasing company and salary information; boss zhipin, delivering unparalleled hiring experience for both recruiters and job seekers; shop zhipin, offering an efficient platform that targets customer service-oriented labor market. since the first day of launch, boss zhipin aims at simplifying the recruiting process and ensures smooth tran