Zhihu Inc. reports developments tied to its online content community in China, where the company monetizes user engagement through paid membership services, marketing services and other services. News commonly covers quarterly and annual financial results, subscriber trends, revenue mix, margin and profitability commentary, cost discipline, share repurchases, and the role of high-quality content, expert networks and AI capabilities in its community model.
Updates also include foreign-issuer reporting milestones for its NYSE-listed ADSs and HKEX-listed shares, including Form 20-F filings, ESG reporting, annual meeting materials and governance changes.
Zhihu (ZH) will hold an extraordinary general meeting on October 20, 2026, to vote on an investment resolution.
Shareholders will consider approval, confirmation and ratification of a previously announced subscription through a wholly owned subsidiary for a limited partnership interest in Tianjin Lisi Xingshen Equity Investment Partnership. The capital commitment is RMB1.5 billion. The meeting begins at 10:00 a.m. Beijing time in Beijing.
Zhihu (ZH) plans to subscribe, via a wholly owned subsidiary, for a limited partnership interest in Tianjin Lisi Xingshen Equity Investment Partnership, with a capital commitment of RMB1.5 billion, subject to shareholder approval at an extraordinary general meeting.
The Fund will mainly invest in early-to-mid-stage unlisted AI and related technology enterprises with ties to mainland China and will operate as a blind pool. Zhihu expects its interest in the Fund to be no more than 30% after completion and will act only as a limited partner, without involvement in daily management or specific investment decisions. The company states that this move aims to enhance access to AI opportunities and potential collaborations while maintaining its principal focus on its online content community and core businesses. The subscription is classified as a major transaction under Hong Kong listing rules.
Zhihu (NYSE: ZH; HKEX: 2390) reported unaudited results for the quarter ended June 30, 2026. Total revenues were RMB690.1 million, down from RMB716.9 million a year earlier but up 5.9% quarter‑over‑quarter. Gross margin fell to 57.0% from 62.5%, as cost of revenues increased mainly due to higher content‑related costs.
Marketing services revenue declined to RMB199.0 million, while paid content and IP operations revenue rose to RMB425.9 million. Other revenues decreased to RMB65.2 million. Total operating expenses dropped 13.0% year over year to RMB469.4 million, reflecting lower selling and marketing, R&D, and G&A expenses. Loss from operations narrowed to RMB75.9 million, and adjusted loss from operations to RMB48.7 million.
Net result swung to a RMB37.4 million net loss, versus net income of RMB72.5 million a year earlier, largely due to lower investment income. Adjusted net loss was RMB10.3 million. Zhihu held RMB4,423.8 million in cash, term deposits, restricted cash and short‑term investments, and had repurchased 41.3 million Class A shares for US$77.9 million cumulatively, including 6.5 million shares for US$7.2 million in the quarter.
Zhihu (NYSE: ZH; HKEX: 2390) announced it will release unaudited financial results for the quarter ended June 30, 2026 before the U.S. market opens on August 26, 2026. Management will host a conference call at 7:00 A.M. U.S. Eastern Time (7:00 P.M. Beijing/Hong Kong Time) the same day, with pre-registration required and both live and archived webcasts available on the company’s investor relations website.
Zhihu (NYSE: ZH; HKEX: 2390) reported that all resolutions at its June 30, 2026 annual general meeting in Beijing were adopted.
Shareholders approved the re-election of three directors, general mandates to issue and repurchase shares, and an amended and restated 2022 share incentive plan.
Zhihu (NYSE: ZH; HKEX: 2390) will hold its annual general meeting at 10:00 a.m. Beijing time on June 30, 2026, in Beijing, China.
Shareholders and ADS holders of record on May 22, 2026 may vote on the Proposed Resolutions, with AGM materials and the 2025 Form 20-F available online.
Zhihu (NYSE:ZH, HKEX:2390) reported unaudited Q1 2026 results. Total revenue was RMB651.6 million, down from RMB729.7 million a year earlier, with gross margin at 59.6%.
Net loss narrowed to RMB8.5 million, while non-GAAP adjusted net income rose to RMB17.2 million, up 147.2% year over year. Average monthly subscribing members were 13.1 million. Operating expenses fell 10.4% year over year, and cash plus investments totaled RMB4,490.3 million. Zhihu has repurchased 34.8 million Class A shares for US$70.7 million to date.
Zhihu (NYSE: ZH; HKEX: 2390) announced that Qu Chen has been appointed as a non-executive director, effective June 3, 2026. Bing Yu resigned from the same role to focus on other business commitments.
Chen brings 13+ years of experience in strategic investment, capital markets, and business analysis.
Zhihu (NYSE:ZH) will report unaudited first quarter 2026 financial results before the U.S. market opens on June 3, 2026.
Management will host a conference call at 7:00 A.M. U.S. Eastern Time (7:00 P.M. Beijing/Hong Kong) with pre-registration required and webcast via the investor relations website.
Zhihu (NYSE: ZH) published its 2025 Environmental, Social and Governance (ESG) Report on April 17, 2026.
The Report describes Zhihu’s approach to integrating sustainability across operations, efforts to create user value, foster corporate culture, and fulfill social responsibility, and is available in Chinese and English on the company investor relations and HKEX websites.