Kanzhun invests RMB 600 million in wealth management products
BZ•Kanzhun subscribed to eight wealth management products totaling RMB 600 million from December 1, 2025, to January 13, 2026. The investments were funded with internal resources and had annualized returns of 1% to 2.5%.
1. Investment details
Kanzhun invested RMB 300 million through each of China Merchants Bank and China Minsheng Bank. The products mature between January 6, 2026, and February 16, 2027. Aggregated investments marginally exceeded the 5% disclosure threshold but remained below 25%, so shareholder approval was not required.
2. Disclosure delay
Kanzhun said disclosure was delayed because of incorrect aggregation calculations. It will add independent finance and compliance checks.
