Kanzhun Ltd Chief Executive Officer Zhao Peng Jonathan filed an amended Form 3 to correct his reported beneficial ownership. The filing now shows indirect ownership of 512,000 Class A ordinary shares held through Techwolf Limited, a British Virgin Islands company held by a trust for Mr. Zhao and his family.
The amendment explains that the original Form 3 inadvertently included an additional 128,000 Class A ordinary shares in the form of ADSs, which has been removed here. Each ADS represents two Class A ordinary shares, so the corrected figure is intended to more accurately reflect Mr. Zhao’s indirect holdings.
Kanzhun Limited submitted a Form 6-K as a foreign private issuer for April 2026. The company confirms it files annual reports under Form 20-F and attaches its 2025 Hong Kong Annual Report and 2025 Environmental, Social and Governance Report as exhibits for investors.
Kanzhun Limited filed its Form 20-F for the year ended December 31, 2025, detailing its Cayman holding-company structure and reliance on a PRC variable interest entity to operate its online recruitment platform in mainland China. The report emphasizes regulatory, data-security, and VIE-enforceability risks, HFCAA-related audit access, and restrictions on cash movements and dividends from PRC subsidiaries. It discloses intercompany loans and service-fee flows, significant revenue and net income generated through the VIE, and recent cash dividends, while highlighting tightening PRC oversight of overseas listings, cybersecurity, AI use, and cross-border data transfers.