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6-K

Kanzhun Ltd (BZ)

6-K 2025-07-07 For: 2025-07-07
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Added on April 11, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2025

Commission File Number: 001-40460

KANZHUN LIMITED

21/F, GrandyVic Building,

Taiyanggong Middle Road

Chaoyang District, Beijing 100020

People’s Republic of China

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F       x      Form 40-F      ¨

Exhibit Index

Exhibit No. Description
99.1 Announcement of Allotment Results
99.2 Announcement of Issue of Offer Shares Pursuant to the Share Offer
99.3 Next Day Disclosure Return, dated July 4, 2025

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

KANZHUN LIMITED
By : /s/ Yu Zhang
--- --- ---
Name : Yu Zhang
Title : Director and Chief Financial Officer

Date: July 7, 2025

Exhibit 99.1

Hong Kong Exchanges and Clearing Limited andThe Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to itsaccuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the wholeor any part of the contents of this announcement.

This announcement is for information purposesonly and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company. This announcementdoes not constitute a prospectus, offering circular, notice, circular, brochure or advertisement offering to sell any securities of theCompany to the public in Hong Kong or any other jurisdiction, nor is it an invitation to the public to make offers to subscribe for orpurchase any securities of the Company, nor is it calculated to invite offers by the public to subscribe for or purchase any securitiesof the Company. This announcement must not be regarded as an inducement to subscribe for or purchase any securities of the Company, andno such inducement is intended. Neither the Company nor its sales agents nor any of their respective affiliates and advisers is offering,or is soliciting offers to buy, any securities of the Company in Hong Kong or any other jurisdiction through the publication of this announcement.

The securities referred to herein may not beoffered or sold in the United States absent registration or an exemption from registration. Any public offering of our securities to bemade in the United States will be made by means of a prospectus that may be obtained from us and that will contain detailed informationabout us, our management, as well as financial statements. We intend to conduct a public offering of the securities described herein inthe United States pursuant to our prospectus supplement and the accompanying prospectus contained in the registration statement on Form F-3filed with the U.S Securities and Exchange Commission on December 16, 2022.

This announcement may contain ‘forward-lookingstatements’ with respect to certain of the Company’s plans and its goals and expectations relating to its future financialcondition, performance, results, strategy and objectives. Statements that are not historical facts, including statements about the Company’sbeliefs and expectations and including, without limitation, statements containing the words ‘may’, ‘will’, ‘should’, ‘continue’, ‘aims’, ‘estimates’, ‘projects’, ‘believes’, ‘intends’, ‘expects’, ‘plans’, ‘seeks’ and ‘anticipates’, and words of similar meaning, are forward-lookingstatements. These statements are based on plans, estimates and projections as at the time they are made and speak only as of the dateon which they are made, and therefore undue reliance should not be placed on them. By their nature, all forward-looking statements involverisk and uncertainty. The Company expressly disclaims any obligation to update any of the forward-looking statements contained in thisannouncement or any other forward-looking statements it may make, whether as a result of future events, new information or otherwise exceptas required pursuant to applicable rules of the U.S. Securities and Exchange Commission, the Hong Kong Stock Exchange or other applicablelaws and regulations.

1

KANZHUN LIMITED

看 準 科 技 有 限 公 司

(A company controlledthrough weighted voting rights and incorporated in the Cayman Islands with limited liability)

(Stock code: 2076)

(Nasdaq Stock Ticker: BZ)

Share Offer

Number of Offer Shares under the Share Offer : 34,500,000 Class A Ordinary Shares
(taking into account the full exercise of the Offer Size Adjustment Option)
Number of Hong Kong Offer Shares : 10,350,000 Class A Ordinary Shares
(as adjusted after Reallocation and taking into account the full exercise of the Offer Size Adjustment Option)
Number of International Offer Shares : 24,150,000 Class A Ordinary Shares
(as adjusted after Reallocation and taking into account the full exercise of the Offer Size Adjustment Option)
Offer Price : HK$66.00 per Offer Share, plus brokerage of 1.0%, SFC transaction levy of 0.0027%, Hong Kong Stock Exchange trading fee of 0.00565% and AFRC transaction levy of 0.00015%
Nominal value : US$0.0001 per Share
Stock code : HKSE: 2076
**** **** Nasdaq: BZ

Overall Coordinators, Joint Global Coordinators,Joint Bookrunners andJoint Lead Managers

(in alphabetical order)

Joint Global Coordinators, Joint Bookrunnersand Joint Lead Managers

Joint Bookrunners andJoint Lead Managers

2

**KANZHUN LIMITED/**看準科技有限公司

ANNOUNCEMENTOF ALLOTMENT RESULTS

Unless otherwisedefined herein, capitalised terms used in this announcement shall have the same meanings as those defined in the prospectus dated June 25,2025 (the “Prospectus”) issued by Kanzhun Limited (the “Company”).

Warning: In view of high concentration of shareholdingin a small number of Shareholders, Shareholders and prospective investors should be aware that the price of the Class A OrdinaryShares could move substantially even with a small number of Class A Ordinary Shares traded, and should exercise extreme caution whendealing in the Class A Ordinary Shares.


SUMMARY
Company information
--- ---
Stock code 2076
Stock short name BOSS ZHIPIN-W
Dealings commencement date July 4, 2025*

*     see note at the end of the announcement

Price Information
Final Offer Price HK$66.00
Offer Price Range N/A
Offer Price Adjustment exercised N/A
Offer Shares^(Note 1)^ and Share Capital**
--- ---
Number of Offer Shares 34,500,000
Number of Offer Shares in Hong Kong Public Offering (after Reallocation and full exercise of Offer Size Adjustment Option) 10,350,000
Number of Offer Shares in International Offering (after Reallocation and full exercise of Offer Size Adjustment Option) 24,150,000
Number of issued and outstanding shares upon Listing (Note 2) 950,952,536

Notes:

(1) The number of Offer Shares above is determined after takinginto account the additional Shares issued under the Offer Size Adjustment Option.
(2) Total number of issued and outstanding shares includes shareclass(es) with weighted voting rights. For details on the weighted voting rights structure of the Company, please refer to the sectionheaded “Appendix IIIA (General Information) – 2. Share Capital” of the Prospectus. The total issued and outstandingshares upon Listing comprises 820,334,135 Class A Ordinary Shares (as enlarged by the Share Offer and after full exercise of OfferSize Adjustment Option) and 130,618,401 Class B Ordinary Shares.
--- ---
3
Offer Size Adjustment Option
No. of additional Offer Shares issued under the Offer Size Adjustment Option 4,500,000
– Hong Kong Public Offering 1,350,000
– International Offering 3,150,000
The Offer Size Adjustment Option was fully exercised, pursuant to which the Company is issuing and allotting 4,500,000 additional Offer Shares, representing 15% of the total number of Offer Shares initially available under the Share Offer, at the Offer Price.
Over-allocation
--- ---
No. of Offer Shares over-allocated N/A
Proceeds
--- ---
Gross proceeds HK$2,277.0 million
Less: Estimated listing expenses payable based on the Offer Price HK$(77.1) million
Net proceeds HK$2,199.9 million
Note: Grossproceeds refer to the amount to which the Company is entitled to receive. Net proceeds represent theestimated net proceeds calculated by the gross proceeds deducted by the estimated listing expenses payable based on the Offer Price.For details of the use of proceeds, please refer to the section headed “Business, Reasons for the Share Offer and Use of Proceeds – Reasons for the Share Offer and Use of Proceeds” of the Prospectus.
--- ---
4

ALLOTMENT RESULTS DETAILS


HONGKONG PUBLIC OFFERING

No. of valid applications 11,167
No. of successful applications 11,167
Subscription level 12.04 times
Claw-back triggered Yes
No. of Offer Shares initially available under the Hong Kong Public Offering 3,000,000
No. of Offer Shares reallocated from the International Offering (claw-back) 6,000,000
Final no. of Offer Shares under the Hong Kong Public Offering (after Reallocation and full exercise of Offer Size Adjustment Option) 10,350,000
% of Offer Shares under the Hong Kong Public Offering to the Share Offer (after Reallocation and full exercise of Offer Size Adjustment Option) 30%
Note: For details of the final allocation of Offer Share to the Hong Kong Public Offering, investors can refer to www.eipo.com.hk/eIPOAllotment to perform a search by identification number or www.eipo.com.hk/eIPOAllotment for the full list of allottees.
--- ---

INTERNATIONAL OFFERING

No. of placees 94
Subscription Level 12.46 times
No. of Offer Shares initially available under the International Offering 27,000,000
No. of Offer Shares reallocated to the Hong Kong Public Offering (claw-back) 6,000,000
Final no. of Offer Shares under the International Offering (after Reallocation and full exercise of Offer Size Adjustment Option) 24,150,000
% of Offer Shares under the International Offering to the Share Offer (after Reallocation and full exercise of Offer Size Adjustment Option) 70%

The Company confirms that: (a) none ofthe Directors had subscribed for the Offer Shares (including the Hong Kong Offer Shares) under the Share Offer; (b) there are noother connected persons of the Company involved in the preparation of the Share Offer; and (c) no connected persons of the Companyhad participated in any decision to approve their own subscriptions in the Hong Kong Public Offering or determine or influence the PublicOffer Price or the allocation basis of the Hong Kong Public Offering.

5

CONCENTRATION ANALYSIS – PLACEES

Placees Number of <br> Class A Ordinary <br> Shares allotted Allotment as<br> % of International<br> Offering Allotment as <br> % of total Offer <br> Shares Number of <br> Class A Ordinary <br> Shares held <br> upon Listing % of total <br> issued and <br> outstanding shares <br> upon Listing
Top 1 7,257,500 30.1 % 21.0 % 7,257,500 0.8 %
Top 5 14,530,700 60.2 % 42.1 % 45,456,883 4.8 %
Top 10 17,622,700 73.0 % 51.1 % 49,022,054 5.2 %
Top 25 20,784,100 86.1 % 60.2 % 59,363,634 6.2 %

Notes:

(1) Ranking of placees is based on the number of Class A Ordinary Shares allotted to the placees.
(2) Total issued share capital includes share class(es) with weighted voting rights. For details on theweighted voting rights structure of the Company, please refer to the section headed “Appendix IIIA (General Information) –2. Share Capital” of the Prospectus. The total issued and outstanding shares upon Listing comprises 820,334,135 Class A OrdinaryShares (as enlarged by the Share Offer and after full exercise of Offer Size Adjustment Option) and 130,618,401 Class B OrdinaryShares.
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CONCENTRATION ANALYSIS – HOLDERS OF CLASS A ORDINARYSHARES

Holders of <br> Class A Ordinary <br> Shares Number of <br> Class A Ordinary <br> Shares allotted Allotment as<br> % of International<br> Offering Allotment as <br> % of total <br> Offer Shares Number of <br> Class A <br> Ordinary Shares <br> held upon Listing % of <br> total issued <br> Class A <br> Ordinary Shares <br> upon Listing Number of <br> Shares held <br> upon Listing % of total<br> issued and<br> outstanding<br> shares upon<br> Listing
Top 1 0.0 % 0.0 % 94,065,248 11.5 % 94,065,248 9.9 %
Top 5 4,483,600 18.6 % 13.0 % 230,466,480 28.1 % 230,466,480 24.2 %
Top 10 4,483,600 18.6 % 13.0 % 276,486,120 33.7 % 276,486,120 29.1 %
Top 25 13,935,700 57.7 % 40.4 % 355,653,815 43.4 % 486,272,216 51.1 %

Notes:

(1) Ranking of holders of Class A Ordinary Shares is based on the number of Class A OrdinaryShares held by them upon Listing.
(2) Total issued share capital includes share class(es) with weighted voting rights. For details on theweighted voting rights structure of the Company, please refer to the section headed “Appendix IIIA (General Information) –2. Share Capital” of the Prospectus. The total issued and outstanding shares upon Listing comprises 820,334,135 Class A OrdinaryShares (as enlarged by the Share Offer and after full exercise of Offer Size Adjustment Option) and 130,618,401 Class B OrdinaryShares.
--- ---
(3) Information on top 25 existing holders of Class A Ordinary Shares based on the latest data sourcesavailable to the Company is used for the purpose of the above concentration analysis.
--- ---
6

CONCENTRATION ANALYSIS – SHAREHOLDERS

Shareholders Number of <br> Class A Ordinary <br> Shares allotted Allotment as<br> % of International<br> Offering Allotment as <br> % of total <br> Offer Shares Number of<br> Class A<br> Ordinary<br> Shares held<br> upon Listing Number of<br> Class B<br> Ordinary<br> Shares held<br> upon Listing Number of <br> Shares held <br> upon Listing % of total<br> issued and<br> outstanding<br> shares upon<br> Listing
Top 1 0.0 % 0.0 % 3,969,000 130,618,401 134,587,401 14.2 %
Top 5 4,483,600 18.6 % 13.0 % 219,676,478 130,618,401 350,294,879 36.8 %
Top 10 4,483,600 18.6 % 13.0 % 271,871,723 130,618,401 402,490,124 42.3 %
Top 25 13,935,700 57.7 % 40.4 % 355,653,815 130,618,401 486,272,216 51.1 %

Notes:

(1) Ranking of Shareholders is based on the number of Shares held by the Shareholders upon Listing.
(2) Total issued share capital includes share class(es) with weighted voting rights. For details on theweighted voting rights structure of the Company, please refer to the section headed “Appendix IIIA (General Information) –2. Share Capital” of the Prospectus. The total issued and outstanding shares upon Listing comprises 820,334,135 Class A OrdinaryShares (as enlarged by the Share Offer and after full exercise of Offer Size Adjustment Option) and 130,618,401 Class B OrdinaryShares.
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(3) Information on top 25 existing holders of Shares (of all classes) based on the latest data sourcesavailable to the Company is used for the purpose of the above concentration analysis.
--- ---
7

BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING

Subject to the satisfaction of the conditions set out in the Prospectus, valid applications made by the public will be conditionally allocated on the basis set out below:

Number of<br> Offer Shares<br> applied for Number of<br> valid<br> applications Basis of allocation/ballot Approximate<br> percentage<br> allotted of the<br> total number<br> of Offer Shares<br> applied for
Pool A
100 5,458 100 Shares 100.00 %
200 1,038 100 Shares plus 934 out of 1,038 to receive additional 100 Shares 94.99 %
300 561 100 Shares plus 549 out of 561 to receive additional 100 Shares 65.95 %
400 282 200 Shares 50.00 %
500 492 200 Shares plus 160 out of 492 to receive additional 100 Shares 46.50 %
600 229 200 Shares plus 160 out of 229 to receive additional 100 Shares 44.98 %
700 138 300 Shares 42.86 %
800 105 300 Shares plus 41 out of 105 to receive additional 100 Shares 42.38 %
900 70 300 Shares plus 50 out of 70 to receive additional 100 Shares 41.27 %
1,000 738 400 Shares 40.00 %
1,500 281 500 Shares 33.33 %
2,000 276 600 Shares 30.00 %
2,500 164 700 Shares 28.00 %
3,000 149 800 Shares 26.67 %
3,500 60 900 Shares 25.71 %
4,000 97 1,000 Shares 25.00 %
4,500 40 1,100 Shares 24.44 %
5,000 154 1,200 Shares 24.00 %
6,000 77 1,400 Shares 23.33 %
7,000 72 1,600 Shares 22.86 %
8,000 59 1,800 Shares 22.50 %
9,000 32 2,000 Shares 22.22 %
10,000 224 2,200 Shares 22.00 %
20,000 96 4,300 Shares 21.50 %
30,000 64 6,400 Shares 21.33 %
40,000 33 8,500 Shares 21.25 %
50,000 21 10,600 Shares 21.20 %
60,000 44 12,700 Shares 21.17 %
Total 11,054 Total number of Pool A successful applicants: 11,054
8
Number of<br> Offer Shares<br> applied for Number of<br> valid<br> applications Basis of allocation/ballot Approximate<br> percentage<br> allotted of the<br> total number<br> of Offer Shares<br> applied for
Pool B
70,000 43 21,000 Shares 30.00 %
80,000 7 23,900 Shares 29.88 %
90,000 5 26,800 Shares 29.78 %
100,000 45 29,600 Shares 29.60 %
200,000 4 58,900 Shares 29.45 %
300,000 4 88,100 Shares 29.37 %
1,000,000 1 293,100 Shares 29.31 %
1,500,000 4 439,400 Shares 29.29 %
Total 113 Total number of Pool B successful applicants: 113

As of the date of this announcement, the relevantsubscription monies previously deposited in the designated nominee accounts have been remitted back to the accounts of all HKSCC participants.Investors should contact their relevant brokers for any inquiries.

COMPLIANCE WITH LISTING RULES AND GUIDANCE

The Directors confirm that, except for the Listing Rules that have been waived, the Company has complied with the Listing Rules and guidance materials in relation to the placing, allotment and listing of the Company’s Offer Shares.

The Directors confirm that, to the best of their knowledge, no rebate has been, directly or indirectly, provided by the Company, Directors or syndicate members to any placees or the public (as the case may be) and the consideration paid by them for each Offer Share subscribed for or purchased by them was the same as the Offer Price in addition to any brokerage, AFRC transaction levy, SFC transaction levy and Stock Exchange trading fee payable.

OTHERS/ADDITIONAL INFORMATION


Reallocation

As the Hong Kong Public Offering has been oversubscribed by more than 10 times of the number of Offer Shares initially available under the Hong Kong Public Offering, the Reallocation procedure as disclosed in the section headed “Structure of the Share Offer – 5. Reallocation and Clawback” of the Prospectus has been applied.

As a result of such Reallocation, the final number of Offer Shares under the Hong Kong Public Offering is adjusted to 10,350,000 Shares, representing 30% of the number of Offer Shares available under the Share Offer (after full exercise of the Offer Size Adjustment Option), and the final number of Offer Shares under the International Offering is adjusted to 24,150,000 Shares, representing 70% of the total number of Offer Shares available under the Share Offer (after full exercise of the Offer Size Adjustment Option).

9

DISCLAIMERS

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) and Hong Kong Securities Clearing Company Limited (“HKSCC”) take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
The securities referred to herein may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of our securities to be made in the United States will be made by means of a prospectus that may be obtained from us and that will contain detailed information about us, our management, as well as financial statements. We intend to conduct a public offering of the securities described herein in the United States pursuant to our prospectus supplement and the accompanying prospectus contained in the registration statement on Form F-3 filed with the U.S Securities and Exchange Commission on December 16, 2022.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. This announcement is not a prospectus. Potential investors should read the Prospectus dated June 25, 2025 issued by Kanzhun Limited for detailed information about the Share Offer described below before deciding whether or not to invest in the Offer Shares thereby being offered.
Potential investors of the Offer Shares should note that the Overall Coordinators (for themselves and on behalf of the Hong Kong Underwriters) shall be entitled to terminate their obligations under the Hong Kong Underwriting Agreement with immediate effect upon the occurrence of the events set out in and in accordance with the paragraph headed “Underwriting – 2. Underwriting Arrangements and Expenses – 2.1 Public Offer – Hong Kong Underwriting Agreement” in the Prospectus at any time prior to 8:00 a.m. (Hong Kong time) on the closing date (which is currently expected to be on July 4, 2025).

PUBLIC FLOAT

Based on information that is publicly available to the Company and within the knowledge of the Directors as of the date of this announcement, the Company will continue to maintain the prescribed percentage of public float under the Hong Kong Listing Rules upon listing of the Offer Shares.

10

ADMISSION AND COMMENCEMENT OF DEALINGS

Share certificates for the Offer Shares will only become valid evidence of title at 8:00 a.m. (Hong Kong time) on July 4, 2025, provided that the Share Offer has become unconditional and the right of termination described in the section headed “Underwriting – 2. Underwriting Arrangements and Expenses – 2.1 Public Offer – Hong Kong Underwriting Agreement” in the Prospectus has not been exercised. Investors who trade the Offer Shares on the basis of publicly available allocation details prior to the receipt of share certificates or prior to the share certificates becoming valid evidence of title do so entirely at their own risk.

Assuming that the Hong Kong Public Offering becomes unconditional at or before 8:00 a.m. (Hong Kong time) in Hong Kong on July 4, 2025, it is expected that dealings in the Offer Shares on the Hong Kong Stock Exchange will commence at 9:00 a.m. (Hong Kong time) on July 4, 2025. The Offer Shares will be traded in board lots of 100 Shares each. The stock code of the Company is 2076.

By<br> order of the Board<br><br> KANZHUN LIMITED Mr. Peng Zhao<br> Founder, Chairman and Chief Executive Officer

Hong Kong, July 3, 2025

As at the date of this announcement, the Boardof the Company comprises Mr. Peng Zhao, Mr. Yu Zhang, Mr. Xu Chen, Mr. Tao Zhang and Ms. Xiehua Wang as the executiveDirectors, Mr. Haiyang Yu as the non-executive Director, Mr. Yonggang Sun, Mr. Yan Li, Ms. Mengyuan Dong and Ms. HongyuLiu as the independent non-executive Directors.

11

Exhibit 99.2

Hong Kong Exchangesand Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make norepresentation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising fromor in reliance upon the whole or any part of the contents of this announcement.

KANZHUNLIMITED

看 準 科 技 有 限 公 司

(Acompany controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)

(StockCode: 2076)

(Nasdaq Stock Ticker: BZ)

ISSUE OF OFFER SHARES PURSUANTTO THE SHARE OFFER

Reference is made to the announcements of KANZHUN LIMITED (the “Company”) dated June 24, 2025, June 25, 2025, June 30, 2025 and July 3, 2025 and the prospectus issued by the Company dated June 25, 2025 (the “Prospectus”) in connection with the Share Offer. Unless otherwise defined in this announcement, the capitalized terms used herein shall have the same meanings as those defined in the Prospectus.

The Company is pleased to announce that the Share Offer has become unconditional and dealing in the Offer Shares on the Hong Kong Stock Exchange will commence at 9:00 a.m. on July 4, 2025.

By<br> order of the Board<br><br> KANZHUN LIMITED Mr. Peng Zhao<br> Founder, Chairman and Chief Executive Officer

Hong Kong, July 4, 2025

As at the dateof this announcement, the Board of the Company comprises Mr. Peng Zhao, Mr. Yu Zhang, Mr. Xu Chen, Mr. Tao Zhangand Ms. Xiehua Wang as the executive Directors, Mr. Haiyang Yu as the non-executive Director, Mr. Yonggang Sun, Mr. YanLi, Ms. Mengyuan Dong and Ms. Hongyu Liu as the independent non-executive Directors.

Exhibit 99.3

FF305<br>Page 1 of 6 v 1.3.0<br>Next Day Disclosure Return<br>(Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares)<br>Instrument: Equity issuer Status: New Submission<br>Name of Issuer: KANZHUN LIMITED (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)<br>Date Submitted: 04 July 2025<br>Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governing the<br>Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Exchange”) (the “Main Board Rules”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the<br>Exchange (the “GEM Rules”).<br>Section I<br>1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange Yes<br>Stock code (if listed) 02076 Description Class A Ordinary Shares<br>A. Changes in issued shares or treasury shares<br>Events<br>Changes in issued shares<br>(excluding treasury shares)<br>Number of issued<br>shares (excluding<br>treasury shares)<br>As a % of existing<br>number of issued<br>shares (excluding<br>treasury shares) before<br>the relevant event<br>(Note 3)<br>Changes in treasury<br>shares<br>Number of treasury<br>shares<br>Issue/ selling price per<br>share (Note 4)<br>Total number of issued<br>shares<br>Opening balance as at (Note 1) 02 July 2025 785,834,135 0 785,834,135<br>1). Other (please specify)<br>Allotment and issue of Offer Shares pursuant to the Share Offer (as defined<br>in the prospectus dated 25 June 2025 issued by the Company)<br>Date of changes 04 July 2025<br>34,500,000 3.76 % HKD 66<br>Closing balance as at (Notes 5 and 6) 04 July 2025 820,334,135 0 820,334,135
FF305<br>Page 2 of 6 v 1.3.0<br>B. Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date (Notes 5 and 6) Not applicable<br>Remarks: As of July 4, 2025 (i.e. after the issue of shares on July 4, 2025), the number of Class A Ordinary Shares issued to the Depositary for bulk-issuance of ADSs<br>reserved for future issuances upon the exercise or vesting of awards granted under the Share Incentive Plans is 4,700,968. For further information on the allotment and<br>issue of Offer Shares, please see the announcement of the Company dated July 3, 2025.
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FF305<br>Page 3 of 6 v 1.3.0<br>Confirmation<br>Pursuant to Main Board Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares or sale or transfer of treasury<br>shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer and carried out in compliance with all applicable listing rules, laws and other regulatory<br>requirements and, insofar as applicable:<br>(Note 7)<br>(i) all money due to the listed issuer in respect of the issue of shares, or sale or transfer of treasury shares has been received by it;<br>(ii) all pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications of listing" have been fulfilled;<br>(iii) all (if any) conditions contained in the formal letter granting listing of and permission to deal in the securities have been fulfilled;<br>(iv) all the securities of each class are in all respects identical (Note 8);<br>(v) all documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to be filed with the Registrar of Companies have been duly filed and that compliance has<br> been made with all other legal requirements;<br>(vi) all the definitive documents of title have been delivered/are ready to be delivered/are being prepared and will be delivered in accordance with the terms of issue, sale or transfer;<br>(vii) completion has taken place of the purchase by the issuer of all property shown in the listing document to have been purchased or agreed to be purchased by it and the purchase<br> consideration for all such property has been duly satisfied; and<br>(viii) the trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed and executed, and particulars thereof, if so required by law, have been filed with the<br> Registrar of Companies.<br>Notes to Section I:<br>1. Please insert the closing balance date of the last Next Day Disclosure Return published pursuant to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main<br>Board Rule 13.25B / GEM Rule 17.27B, whichever is the later.<br>2. Please set out all changes in issued shares or treasury shares requiring disclosure pursuant to Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of<br>changes. Each category will need to be disclosed individually with sufficient information to enable the user to identify the relevant category in the listed issuer's Monthly Return. For<br>example, multiple issues of shares as a result of multiple exercises of share options under the same share option scheme or of multiple conversions under the same convertible note<br>must be aggregated and disclosed as one category. However, if the issues resulted from exercises of share options under 2 share option schemes or conversions of 2 convertible<br>notes, these must be disclosed as 2 separate categories.<br>3. The percentage change in the number of issued shares (excluding treasury shares) of the listed issuer is to be calculated by reference to the opening balance of the number of issued<br>shares (excluding treasury shares) being disclosed in this Next Day Disclosure Return.
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FF305<br>Page 4 of 6 v 1.3.0<br>4. In the case of a share repurchase or redemption, the “issue/ selling price per share” shall be construed as “repurchase price per share” or “redemption price per share”.<br>Where shares have been issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.<br>5. The closing balance date is the date of the last relevant event being disclosed.<br>6. For repurchase or redemption of shares, disclosure is required when the relevant event has occurred (subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 /<br>GEM Rules 13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been cancelled.<br>If repurchased or redeemed shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of the issued shares as<br>at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part B.<br>7. Items (i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s) that is/are not applicable to meet individual cases.<br>8. “Identical” means in this context:<br>- the securities are of the same nominal value with the same amount called up or paid up;<br>- they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to<br>exactly the same sum (gross and net); and<br>- they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.
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FF305<br>Page 5 of 6 v 1.3.0<br>Section II must also be completed by a listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).<br>Repurchase report Not applicable
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FF305<br>Page 6 of 6 v 1.3.0<br>Section III must also be completed by a listed issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is discloseable<br>under Main Board Rule 10.06B / GEM Rule 13.14B.<br>Report of on-market sale of treasury shares Not applicable<br>Submitted by: Liang Huaiyuan<br>(Name)<br>Title: Joint Company Secretary<br>(Director, Secretary or other Duly Authorised Officer)
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