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 ("BOSS Zhipin" or the "Company") (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, announced the resignation of Ms. Shangyu Gao as an independent non-executive director, effective May 21, 2024. Ms. Gao resigned to focus on her other business commitments.
Additionally, Ms. Mengyuan Dong, a financing and investment expert with over 12 years of experience, has been appointed as an independent non-executive director and the chairman of the audit committee, among other roles. Ms. Dong has held notable positions, including director at Huaxing Growth Capital and China Renaissance Holdings. She holds a Bachelor of Arts degree from Fudan University. The Company expressed gratitude to Ms. Gao for her service and welcomed Ms. Dong, highlighting her expertise as a valuable asset for the Company's development.
KANZHUN (Nasdaq: BZ; HKEX: 2076), a prominent online recruitment platform in China, announced its first-quarter 2024 financial results. Revenues reached RMB1,703.8 million (US$236.0 million), marking a 33.4% increase year-over-year. Calculated cash billings rose by 24.3% to RMB2,050.7 million (US$284.0 million). The company reported a significant rise in average monthly active users, reaching 46.6 million, a 17.4% increase. Additionally, the total paid enterprise customers grew by 42.5% to 5.7 million. Net income surged to RMB241.7 million (US$33.5 million), with an adjusted net income of RMB530.7 million (US$73.5 million), up by 116.6%. The company also announced a new share repurchase program of up to US$200 million. The revenue forecast for Q2 2024 is between RMB1.91 billion and RMB1.96 billion, reflecting a year-on-year increase of 28.4% to 31.7%.
KANZHUN , a leading online recruitment platform in China, will report its first-quarter 2024 results on May 21, 2024. The Company will host a conference call to discuss the results. Participants can pre-register to gain immediate access to the call. A live and archived webcast will be available on the Company's investor relations website.
KANZHUN , a leading online recruitment platform in China, released its 2023 Environmental, Social and Governance report showcasing its commitment to ESG goals. The report emphasizes the company's achievements in corporate governance, employee development, green practices, and community care. Investors can access the full report on the company's investor relations website.
KANZHUN , known as BOSS Zhipin, has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. The report is available on the company's investor relations website and includes audited financial statements. Shareholders and ADS holders can request a hard copy free of charge. The company has also published its annual report for Hong Kong purposes.
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