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Kanzhun Limited is convening its annual general meeting on June 25, 2026 in Beijing. Shareholders and ADS holders of record on May 21, 2026 can vote in person or via proxy on a wide slate of routine corporate matters.
Key proposals include renewing a 10% general mandate to issue Class A ordinary shares (including transfers of treasury shares) and a separate 10% mandate to repurchase shares and/or ADSs. Shareholders will also vote on re‑electing four directors, re‑appointing PricewaterhouseCoopers and its PRC affiliate as auditors with estimated 2026 fees of RMB12 million, and updating the memorandum and articles to reflect Hong Kong listing rules on weighted voting rights.
KANZHUN LIMITED, operator of China’s BOSS Zhipin platform, reported strong unaudited results for the first quarter of 2026. Revenues reached RMB2,068.8 million, up 7.6% year over year, as recruitment demand and user growth remained solid, with March monthly active users above 72 million.
Income from operations rose to RMB623.6 million, an increase of 41.8%, while net income jumped 119.8% to RMB1,125.8 million, helped by investment income from an investee’s IPO. Adjusted net income grew 12.1% to RMB856.2 million, and net cash from operating activities increased 18.6% to RMB1,190.1 million.
The company highlighted record profit margins for this seasonally comparable quarter and a strong cash and investment position of RMB19,826.5 million as of March 31, 2026. It also expanded its capital return program, targeting at least 50% of prior-year adjusted net income for dividends and buybacks over the next three years, and raising share repurchase authorization to US$400 million. For the second quarter of 2026, it expects revenue growth of 13.2% to 15.1% year over year.
Kanzhun Ltd reporting persons Image Frame Investment (HK) Limited and Tencent Holdings Limited report beneficial ownership of 54,972,151 Class A Ordinary Shares, representing 6.9% of the Class based on 799,085,005 Class A Ordinary Shares outstanding as of February 28, 2026. The filing is an amendment (No. 3) to a Schedule 13G/A and incorporates a Joint Filing Agreement. Signatures by authorized directors are dated May 12, 2026.