KANZHUN LIMITED Announces Cybersecurity Review in China
July 05 2021 - 8:00AM
KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ), a
leading online recruitment platform in China, today announced that
pursuant to the announcement posted by the Cyberspace
Administration of China on July 5, 2021, the Company is subject to
cybersecurity review by the authority. During the review period,
“BOSS Zhipin” app is required to suspend new user registration in
China to facilitate the process.
The Company will fully cooperate with the PRC
government authority during the review process. The Company plans
to conduct a comprehensive examination of cybersecurity risks and
continue to enhance its cybersecurity awareness and technology
capabilities.
Apart from the suspension of new user registration
of the “BOSS Zhipin” app in China, the Company maintains normal
operations.
About KANZHUN LIMITED
KANZHUN LIMITED (Nasdaq: BZ) operates the
largest online recruitment platform BOSS Zhipin in China in terms
of average MAU in 2020. Established seven years ago, 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. The
company has a vision to redefine every individual’s career
development with technology and a passion towards delivering user
satisfaction by optimizing efficiency, equality and choice.
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. Statements that
are not historical facts, including 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 SEC. 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.
For investor and media inquiries, please
contact:
Email: ir@kanzhun.com
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