Zhihu Inc. has set the record dates that determine which shareholders can vote at and attend its forthcoming annual general meeting. Holders of Class A and Class B ordinary shares on the Hong Kong and Cayman share registers at the close of business on May 22, 2026, Hong Kong time, will be eligible, subject to transfer documents being lodged by the specified deadlines.
Holders of American depositary shares (ADSs), each representing three Class A ordinary shares, as of the close of business on May 22, 2026, New York time, may attend the meeting but cannot vote directly. Instead, they may instruct JPMorgan Chase Bank, N.A., as depositary, on how to vote the underlying Class A shares.
Zhihu Inc. has set the record dates that determine which shareholders can vote at and attend its forthcoming annual general meeting. Holders of Class A and Class B ordinary shares on the Hong Kong and Cayman share registers at the close of business on May 22, 2026, Hong Kong time, will be eligible, subject to transfer documents being lodged by the specified deadlines.
Holders of American depositary shares (ADSs), each representing three Class A ordinary shares, as of the close of business on May 22, 2026, New York time, may attend the meeting but cannot vote directly. Instead, they may instruct JPMorgan Chase Bank, N.A., as depositary, on how to vote the underlying Class A shares.
Zhihu Inc. Chief Financial Officer Wang Han received 330,000 Class A ordinary shares as an equity award. These shares were acquired at $0.01 per share when restricted share units (RSUs) vested after their performance-based conditions were achieved on April 17, 2026.
This is a compensation-related grant, not an open-market purchase or sale, and it increased his direct holdings to 2,830,000 Class A ordinary shares.
Zhihu Inc. Chief Financial Officer Wang Han received 330,000 Class A ordinary shares as an equity award. These shares were acquired at $0.01 per share when restricted share units (RSUs) vested after their performance-based conditions were achieved on April 17, 2026.
This is a compensation-related grant, not an open-market purchase or sale, and it increased his direct holdings to 2,830,000 Class A ordinary shares.
Zhihu Inc. files its Form 20-F annual report for the year ended December 31, 2025, reporting revenues of RMB2,749,004 thousand and a net loss of RMB195,161 thousand. The report explains Zhihu’s variable interest entity structure in mainland China and highlights heavy reliance on VIEs, which generated 68.7% of 2025 revenue. It details significant legal and regulatory risks tied to PRC foreign investment limits, evolving data and cybersecurity rules, licensing requirements, and potential enforcement that could impair operations or even make Zhihu’s securities substantially less valuable. Zhihu also describes HFCAA-related delisting risks, cash flow constraints from PRC dividend and capital controls, and continued negative operating cash flow despite a sizeable cash balance and net assets.
Zhihu Inc. files its Form 20-F annual report for the year ended December 31, 2025, reporting revenues of RMB2,749,004 thousand and a net loss of RMB195,161 thousand. The report explains Zhihu’s variable interest entity structure in mainland China and highlights heavy reliance on VIEs, which generated 68.7% of 2025 revenue. It details significant legal and regulatory risks tied to PRC foreign investment limits, evolving data and cybersecurity rules, licensing requirements, and potential enforcement that could impair operations or even make Zhihu’s securities substantially less valuable. Zhihu also describes HFCAA-related delisting risks, cash flow constraints from PRC dividend and capital controls, and continued negative operating cash flow despite a sizeable cash balance and net assets.