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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.
KANZHUN LIMITED, operating the online recruitment platform BOSS Zhipin in China, has announced its listing on the Main Board of Hong Kong Stock Exchange (HKEX) under stock code 2076. The Class A ordinary shares are fully fungible with the American depositary shares (ADSs) traded on Nasdaq under the symbol BZ. Founder Jonathan Peng Zhao emphasized the company's growth potential and the significance of Hong Kong as a mature capital market.
KANZHUN LIMITED (Nasdaq: BZ), the operator of BOSS Zhipin, announced a proposed dual primary listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX). This follows approval from HKEX on December 15, 2022, with trading set to commence on December 22, 2022, under stock code '2076.' The American depositary shares will continue to be traded on the Nasdaq. Morgan Stanley and Goldman Sachs are joint sponsors for this listing, aiming to enhance liquidity for the Hong Kong market.
KANZHUN LIMITED (Nasdaq: BZ) successfully held its annual general meeting (AGM) in Beijing, where all proposed shareholder resolutions were approved. Key outcomes include amendments to the corporate charter to facilitate a new listing on The Stock Exchange of Hong Kong, increasing authorized shares to 2 billion (1.8 billion Class A and 200 million Class B shares), and adopting a dual foreign name. The company operates the leading online recruitment platform, BOSS Zhipin, enhancing job seeker connectivity through a mobile app designed for efficient two-way communication.
KANZHUN LIMITED (Nasdaq: BZ) reported its Q3 2022 financial results, showing revenues of RMB1,178.6 million (US$165.7 million), a 2.7% decline year-over-year. Despite this, calculated cash billings increased by 1.4% to RMB1,238.2 million (US$174.1 million). Average monthly active users rose 12.5% to 32.4 million. Net income dropped 26% to RMB211.7 million (US$29.8 million). Additionally, operating expenses surged 15.5% to RMB1,044.1 million (US$146.8 million). For Q4 2022, the company anticipates revenues between RMB1.05 billion and RMB1.09 billion, reflecting a potential year-over-year decrease.
KANZHUN LIMITED (Nasdaq: BZ) reported its Q2 2022 financial results, with revenues at RMB1,112.3 million (US$166.1 million), a 4.8% year-over-year decline. Cash billings fell 32.2% to RMB979.2 million (US$146.2 million). Average monthly active users decreased by 12.8% to 26.5 million. However, net income turned positive at RMB107.4 million (US$16.0 million), contrasting with a significant loss in the prior year. Adjusted net income rose 4.3% to RMB257.2 million (US$38.4 million). The outlook for Q3 2022 estimates revenue between RMB1.14 billion and RMB1.16 billion, anticipating a further decline in recruitment demand due to COVID-19 impacts.
KANZHUN LIMITED (Nasdaq: BZ) announced it will release its unaudited consolidated results for the second quarter on August 23, 2022, before U.S. market opens. The company will also host a conference call at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time) on the same day to discuss these results. Participants can pre-register for the call and will receive dial-in information via email. A live and archived webcast will be available on the Company's investor relations website.
KANZHUN LIMITED operates BOSS Zhipin, an online recruitment platform in China.
KANZHUN LIMITED (Nasdaq: BZ) has released its 2021 Environmental, Social and Governance (ESG) report, highlighting significant advancements in its ESG initiatives across Governance, Environment, Employees, Products and Services, and Community. The Company emphasizes its commitment to social responsibilities, aiming for sustainable business success. KANZHUN operates the BOSS Zhipin platform, a leader in China's online recruitment market, enhancing recruitment efficiency through innovative technology and strong network effects. For more information, visit the Company's Investor Relations website.
Kanzhun Limited (Nasdaq: BZ) reported Q1 2022 revenues of RMB1,137.9 million (US$179.5 million), a 44.3% increase year-over-year. The company achieved adjusted net income of RMB121.1 million (US$19.1 million), compared to an adjusted net loss of RMB127.5 million in Q1 2021. Monthly active users rose to 25.2 million, and paid enterprise customers surged by 41.4% to 4.1 million. However, the company anticipates Q2 2022 revenues between RMB1.09 billion and RMB1.10 billion, indicating a potential decline due to COVID-19 impacts on recruitment needs.
KANZHUN LIMITED (Nasdaq: BZ) announced a change in the date for its unaudited Q1 results for the period ending March 31, 2022, postponing the announcement from June 20, 2022, to June 24, 2022, due to a scheduling conflict. A conference call to discuss the results will be held on June 24, 2022, at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Participants must pre-register for access. The company operates the BOSS Zhipin platform, a leading recruitment service in China, recognized for facilitating efficient job matching through its interactive mobile app.
KANZHUN LIMITED (Nasdaq: BZ), operator of the leading online recruitment platform BOSS Zhipin in China, will report its unaudited consolidated results for Q1 2022 on June 20, 2022, before U.S. market opening. A conference call to discuss these results is scheduled for the same day at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Participants must pre-register for the call to receive dial-in details. A live and archived webcast will also be accessible on the company’s investor relations site.