Kanzhun Boosts Shareholder Returns on Record Profits and Growth

BEIJING – March 18, 2026 – KANZHUN LIMITED, the operator of China's leading online recruitment platform BOSS Zhipin, today signaled profound confidence in its financial future by announcing a substantial shareholder return program. The company has increased its share repurchase authorization to US$400 million and committed to a multi-year dividend policy, a move underpinned by record-breaking financial performance in 2025.

In a clear statement of its robust health and long-term strategy, Kanzhun's board approved an amendment to its existing share repurchase program, not only upsizing it but also extending its term through August 28, 2027. This initiative is paired with a new dividend framework, adopted in August 2025, that now has a concrete target: for the next three years starting in 2026, the company intends to allocate no less than 50% of its preceding fiscal year's adjusted net income to both dividends and share repurchases. These actions, as the company stated, “underscore the management’s confidence in the Company’s long-term growth and reflect its strong commitment to sharing its growth with shareholders.”

A Foundation of Financial Strength

The bold capital allocation strategy is built upon a year of exceptional financial results. For the full year ended December 31, 2025, Kanzhun reported total revenues of RMB 8.27 billion (US$1.18 billion), a solid 12.4% increase from the previous year. More impressively, the company's profitability soared. Income from operations more than doubled, climbing 110.1% to RMB 2.46 billion (US$352.4 million).

Net income for 2025 reached RMB 2.69 billion (US$384.7 million), a staggering 71.7% year-over-year increase. The key metric for the new shareholder return plan, adjusted net income, also grew significantly, rising 32.9% to RMB 3.60 billion (US$515.1 million). Based on this figure, Kanzhun is poised to return at least RMB 1.8 billion (approximately US$257 million) to its shareholders through dividends and buybacks in 2026 alone. This commitment is well-supported by a formidable balance sheet, which showed cash, time deposits, and short-term investments totaling RMB 19.95 billion as of the end of 2025.

While the market registered a brief 4.4% dip in Kanzhun's NASDAQ-listed shares following the announcement, analyst sentiment has remained largely positive, focusing on the powerful margin expansion and accelerating profitability as indicators of a fundamentally healthy business with a clear path forward.

A New Chapter for Chinese Tech Maturity

Kanzhun's move to formalize and significantly expand its shareholder return program marks a potential turning point, not just for the company but for the broader Chinese technology sector. For years, the industry has been characterized by a “growth-at-all-costs” mentality, where profits were relentlessly reinvested to capture market share. Kanzhun’s structured, rule-based capital return framework suggests a strategic evolution towards maturity, balancing aggressive growth with a commitment to delivering sustainable value directly to investors.

This isn't the company's first step in this direction—it declared an US$80 million dividend in 2025 and had already repurchased US$50 million in shares year-to-date in 2026. However, the new three-year, 50% allocation target represents a far more deliberate and predictable strategy. This shift could set a new benchmark for other established Chinese tech firms, signaling to the market that they have transitioned from speculative growth stories to stable, profitable enterprises capable of generating and distributing significant cash flow.

Reinforcing Market Dominance

The financial strategy directly reinforces the operational success of its flagship platform, BOSS Zhipin. The platform's performance reflects a structural recovery in China's online recruitment market. Kanzhun grew its total paid enterprise customers by 11.5% to 6.8 million in 2025, while its average monthly active users (MAUs) increased by 14.5% to 60.7 million. This growth was particularly strong in sectors like manufacturing, electronics, and automotive, as well as among the small and medium-sized enterprises that form the backbone of its revenue.

A healthy balance sheet and strong cash flow provide the fuel for continued innovation, a key differentiator in the competitive HR tech landscape. Kanzhun is heavily investing in artificial intelligence, leveraging its self-developed large language model, Nanbeige, to enhance the platform's core intelligent recommendation engine. These AI-driven improvements aim to boost recruitment efficiency for both job seekers and employers, solidifying BOSS Zhipin's competitive edge.

By committing to a significant shareholder return program, Kanzhun is not just rewarding its investors; it is broadcasting a message of strength and stability. This financial discipline allows it to simultaneously invest in cutting-edge technology and expand its reach into lower-tier cities, all while assuring the market of its sustained profitability and leadership position.