Welcome to our dedicated page for Zhihu SEC filings (Ticker: ZHIHF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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Zhihu Inc. received an updated ownership report showing that Plus Channel Limited and Kastle Limited together beneficially own 22,909,037 Class A ordinary shares, representing 9.0% of the company’s Class A shares as of October 31, 2025. This stake consists of 22,041,537 Class A shares in the form of 7,347,179 ADSs and 867,500 Class A shares held directly by Plus Channel Limited.
The reporting parties state that these shares are held on trust under Zhihu’s 2022 share incentive plan. Since the prior amendment, they continued repurchasing Zhihu shares on the New York Stock Exchange and the Hong Kong Stock Exchange, using Zhihu’s working capital, including a repurchase of 30,000 Class A shares in the form of 10,000 ADSs on November 18, 2025 that increased their ownership to 9.0%, which is described as a material change.
Zhihu Inc (ZH): Schedule 13G filed reporting a passive stake. FIL Limited and related entities disclosed beneficial ownership of 13,888,269 shares of Zhihu Class A common stock, representing 5.6% of the class. FIL Limited reports sole voting power over 13,607,298 shares and sole dispositive power over 13,888,269 shares, with no shared voting or dispositive power.
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. One or more other persons have rights to dividends or sale proceeds, including Fidelity China Special Situations PLC with 12,901,492 shares, or 5.2% of the class as of 09/30/2025.
Amendment No. 3 to a Schedule 13D reports that Plus Channel Limited and Kastle Limited together beneficially own 20,027,987 Class A ordinary shares of Zhihu Inc., equal to 8.0% of the outstanding Class A shares based on 249,124,676 shares outstanding as of February 28, 2025. The filing states the increase to 8.0% resulted from a repurchase of 188,916 Class A shares (62,972 ADSs) on September 17, 2025. The Reporting Persons hold shares in trust under the issuer’s 2022 share incentive plan and disclose that repurchases were conducted on the NYSE and the Hong Kong Stock Exchange using funds provided by the issuer from its working capital. No other arrangements or parties with voting or dividend power are reported.
