BEIJING, Nov. 29, 2024 – KANZHUN LIMITED (“BOSS Zhipin”), a leading Chinese online recruitment platform, reported repurchasing over 6.2 million ordinary shares this November, totaling more than RMB300 million. To date, the company has repurchased roughly 28.2 million shares, representing over RMB1.4 billion (USD200 million), or 3% of its total share capital.

The company initiated a new share repurchase program on August 29, 2024, valid for twelve months, allowing for an additional USD150 million in share buybacks (including American depositary shares). This complements an existing program, effective March 20, 2024, also with a twelve-month duration and a USD200 million buyback limit (including ADSs).

Having fully utilized the USD200 million under the initial program, the company will now utilize the USD150 million program for further repurchases. This demonstrates management’s strong belief in the company’s long-term growth.

Established in 2014, BOSS Zhipin is China’s largest online recruitment platform, pioneering a next-generation Direct Recruitment Model that is reshaping the nation’s online recruitment landscape. Its innovative, mobile-first platform enables direct, real-time communication between recruiters and job seekers, leveraging proprietary algorithms and big data for accurate matching. This business model underscores BOSS Zhipin’s profitability, growth potential, and market leadership.

CONTACT: Kanzhun Limited Contact:
Investor Relations
ir@kanzhun.com

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