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KANZHUN LIMITED reports recurring developments tied to BOSS Zhipin, its online recruitment platform in China that connects job seekers and enterprise users through a mobile app built around two-way communication and intelligent recommendations. Company news commonly covers unaudited quarterly results, annual reporting, platform operations, and disclosures for its Nasdaq-listed American depositary shares and Hong Kong-listed shares.
Updates also include share repurchase activity, annual Form 20-F filings, and environmental, social and governance reporting. These announcements frame the company around online recruiting, enterprise customer demand, capital-return actions, and governance or sustainability topics associated with its dual public-company reporting obligations.
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KANZHUN LIMITED (Nasdaq: BZ; HKEX:2076) has released its 2022 Environmental, Social and Governance (ESG) report, showcasing key achievements and progress towards its ESG commitments. The report emphasizes the Company’s focus on sustainable practices, social responsibility, and corporate governance.
The ESG report highlights core strategies including standardizing governance, optimizing products and services, collaborating with employees, promoting green development, building a sustainable supply chain, and delivering community care. These strategies are integral to the Company's efforts in transparency and stakeholder engagement.
For further details and to access the full report, stakeholders can visit the Company’s investor relations website.
KANZHUN LIMITED, known for its online recruitment platform BOSS Zhipin, filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the Securities and Exchange Commission on April 27, 2023. This report is accessible on the Company’s investor relations website. Additionally, KANZHUN has published its annual report for Hong Kong purposes, compliant with HKEX regulations, available on both their website and the HKEX’s site. The Company provides hard copies of its annual report, including audited financial statements, free to shareholders and ADS holders upon request.
BOSS Zhipin efficiently connects job seekers and enterprises, benefiting from a vast user base to enhance recruitment effectiveness.
KANZHUN LIMITED (Nasdaq: BZ; HKEX: 2076) has announced a share repurchase program authorizing up to US$150 million for buying back its shares over the next 12 months. The repurchases will occur on the open market and may include American depositary shares. This program aims to enhance shareholder value by potentially increasing the stock price and providing an efficient return on capital. The board will periodically review the repurchase plan, adjusting its terms and size as necessary based on market conditions.
KANZHUN LIMITED (Nasdaq: BZ) reported its Q4 and full year 2022 financial results on March 20, 2023. Q4 2022 revenues remained stable at RMB1,082.3 million (US$156.9 million), while total revenues for 2022 increased by 5.9% to RMB4,511.1 million (US$654.0 million). However, calculated cash billings for Q4 2022 dropped by 5.6% year-over-year. The company experienced a significant net loss of RMB184.8 million (US$26.8 million) in Q4 2022 compared to a profit in the same period of 2021. Despite these challenges, the average monthly active users grew 26.6% in Q4 2022, and the company anticipates a revenue increase of 9.8% to 11.6% for Q1 2023.
Kanzhun Limited (Nasdaq: BZ; HKEX: 2076), a leading Chinese online recruitment platform, will announce its unaudited consolidated results for Q4 and the full year ended December 31, 2022, on March 20, 2023, ahead of U.S. market opening.
The company plans to hold a conference call on the same day at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time) to discuss these results. Pre-registration is required for participants, and they will receive dial-in details via email upon registering.
A live and archived webcast will also be available on the company's investor relations website.