Press Releases September 1, 2026 07:30 AM

KANZHUN LIMITED Announces Change of Directors’ Executive Positions

KANZHUN LIMITED announces rotation of president role as part of governance optimization

By Sofia Navarro
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BZ

KANZHUN LIMITED, a leading Chinese online recruitment platform, announced the rotation of its president position effective September 1, 2026. Mr. Xu Chen steps down as president but remains as executive director and Chief Marketing Officer, while Mr. Tao Zhang takes over as rotating president alongside his roles as executive director and Chief Technology Officer. This change aims to enhance governance structure and organizational efficiency.

KANZHUN LIMITED Announces Change of Directors’ Executive Positions
BZ
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Key Points

  • KANZHUN LIMITED is implementing a rotational presidency structure to optimize governance and improve efficiency.
  • Mr. Xu Chen transitions from president to Chief Marketing Officer while remaining on the board as executive director.
  • Mr. Tao Zhang assumes the rotating president role while retaining his CTO position, reporting directly to the CEO and founder.
  • The company operates a leading online recruitment platform in China, impacting the technology and internet-based employment services sectors.

BEIJING, Sept. 01, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that Mr. Xu Chen (“Mr. Chen”) has ceased to act as the president of the Company (the “President”) by rotation with effect from September 1, 2026. Mr. Chen will remain as an executive director and has resumed the role of Chief Marketing Officer of the Company.

The Company hereby announces that with effect from September 1, 2026, Mr. Tao Zhang (“Mr. Zhang”) has been appointed as the rotating president of the Company (the “Rotating President”) as part of the Company’s ongoing commitment to optimizing governance structure and improving organizational efficiency. Mr. Zhang’s term of office commenced on September 1, 2026 and shall end on August 31, 2027. Mr. Zhang will continue to serve in his capacity as an executive director and Chief Technology Officer of the Company and will report to Mr. Peng Zhao, the founder, Chairman and Chief Executive Officer of the Company.

The Company would like to take this opportunity to express its gratitude to Mr. Chen for his invaluable contribution to the Company during his tenure of office as President and express its warmest welcome to Mr. Zhang on his new appointment.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of The Stock Exchange of Hong Kong Limited, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About KANZHUN LIMITED

KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.

For more information, please visit https://ir.zhipin.com.

For investor and media inquiries, please contact:

KANZHUN LIMITED
Investor Relations
Email: [email protected]

PIACENTE FINANCIAL COMMUNICATIONS
Email: [email protected]


Risks

  • Forward-looking statements in the announcement indicate uncertainties related to future corporate performance and leadership transitions.
  • Changes in executive leadership may impact operational continuity or strategic initiatives in the online recruitment market.
  • Potential market or regulatory changes in China’s technology and employment sectors could affect business growth and efficiency.

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