UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to § 240.13d-2
Under the Securities Exchange Act of 1934
(Amendment No. )*
KANZHUN LIMITED
(Name of Issuer)
Class A ordinary shares, par value of $0.0001 per share
(Title of Class of Securities)
48553T 106**
(CUSIP Number)
December 31, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
** | CUSIP number 48553T 106 has been assigned to the American Depositary Shares (ADSs) of the Issuer, which are quoted on the Nasdaq Global Select Market under the symbol BZ. Each ADS represents two Class A ordinary shares of the Issuer. The CUSIP number of Class A ordinary shares is G5224V 103. |
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1 |
Name of Reporting Person
Peng Zhao | |||||
2 | Check the Appropriate Box if a Member of a Group
(a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
Peoples Republic of China |
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
140,830,401(1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
140,830,401(1) | |||||
8 | Shared Dispositive Power
0 |
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
140,830,401(1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
11 | Percent of Class Represented by Amount in Row 9
16.2% (2) | |||||
12 | Type of Reporting Person
IN |
(1) | Represents 140,830,401 Class B ordinary shares held by TECHWOLF LIMITED, a British Virgin Islands company. The entire interest in TECHWOLF LIMITED is held by a trust established by Mr. Peng Zhao as the settlor for the benefit of Mr. Zhao and his family. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 15 votes and is convertible into one Class A ordinary share. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. The registered office address of TECHWOLF LIMITED is Start Chambers, Wickhams Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands. |
(2) | The percentage of the class of securities is calculated by dividing the number of shares beneficially owned by the reporting person by all of the Issuers issued and outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2021. |
1 |
Name of Reporting Person
TECHWOLF LIMITED | |||||
2 | Check the Appropriate Box if a Member of a Group
(a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
British Virgin Islands |
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
140,830,401(3) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
140,830,401(3) | |||||
8 | Shared Dispositive Power
0 |
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
140,830,401(3) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
11 | Percent of Class Represented by Amount in Row 9
16.2% (4) | |||||
12 | Type of Reporting Person
CO |
(3) | Represents 140,830,401 Class B ordinary shares held by TECHWOLF LIMITED. The registered office address of TECHWOLF LIMITED is Start Chambers, Wickhams Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands. |
(4) | The percentage of the class of securities is calculated by dividing the number of shares beneficially owned by the reporting person by all of the Issuers issued and outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2021. The registered office address of TECHWOLF LIMITED is Start Chambers, Wickhams Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands. |
Item 1(a). | Name of Issuer: KANZHUN LIMITED (the Issuer) | |
Item 1(b). | Address of Issuers Principal Executive Offices: 18/F, GrandyVic Building, Taiyanggong Middle Road, Chaoyang District, Beijing, the Peoples Republic of China | |
Item 2(a). | Name of Person Filing: Peng Zhao and TECHWOLF LIMITED (collectively, the Reporting Persons) | |
Item 2(b). | Address of Principal Business Office or, if none, Residence: The address of the Reporting Persons is 18/F, GrandyVic Building, Taiyanggong Middle Road, Chaoyang District, Beijing, the Peoples Republic of China | |
Item 2(c) | Citizenship: Peng Zhao is a citizen of the People Republic of China. TECHWOLF LIMITED is a British Virgin Islands company. The entire interest in TECHWOLF LIMITED is held by a trust established by Mr. Peng Zhao as the settlor for the benefit of Mr. Zhao and his family. | |
Item 2(d). | Title of Class of Securities: Class A ordinary shares, $0.0001 par value per share.
The Issuers ordinary shares consist of Class A ordinary shares and Class B ordinary shares. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 15 votes and is convertible into one Class A ordinary share. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. | |
Item 2(e). | CUSIP Number: 48553T 106
This CUSIP number applies to the American depositary shares of the Issuer. Each ADS represents two Class A ordinary shares of the Issuer. The CUSIP number of Class A ordinary shares is G5224V 103. | |
Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a: | |
(a) ☐ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) ☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ☐ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) ☐ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) ☐ An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) ☐ A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) ☐ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) ☐ A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) ☐ Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: | ||
Not applicable |
Item 4. | Ownership: |
Reporting Person |
Amount beneficially owned: |
Percent of class: |
Percent of aggregate voting power: |
Sole power to vote or direct the vote: |
Shared power to vote or to direct the vote: |
Sole power to dispose or to direct the disposition of: |
Shared power to dispose or to direct the disposition of: |
|||||||||||||||||||||
Peng Zhao |
140,830,401 | (1) | 16.2 | %(2) | 74.4 | %(3) | 140,830,401 | (1) | 0 | 140,830,401 | (1) | 0 | ||||||||||||||||
TECHWOLF LIMITED |
140,830,401 | (4) | 16.2 | %(2) | 74.4 | %(3) | 140,830,401 | (4) | 0 | 140,830,401 | (4) | 0 |
(1) | Represents 140,830,401 Class B ordinary shares held by TECHWOLF LIMITED, a British Virgin Islands company. The entire interest in TECHWOLF LIMITED is held by a trust established by Mr. Peng Zhao as the settlor for the benefit of Mr. Zhao and his family. |
(2) | The percentage of class of securities beneficially owned by each Reporting Person is based on a total of 868,685,634 ordinary shares (being the sum of 727,855,233 Class A ordinary shares and 140,830,401 Class B ordinary shares) of the Issuer outstanding as of December 31, 2021. In computing the percentage ownership of the reporting persons, we have included shares that the reporting persons have the right to acquire within 60 days, including through the exercise of any option, warrant or other right or the conversion of any other security, after December 31, 2021. |
(3) | For each Reporting Person, percentage of aggregate voting power is calculated by dividing the voting power beneficially owned by such Reporting Person by the voting power of all of the Issuers Class A and Class B ordinary shares as a single class. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 15 votes. |
(4) | Represents 140,830,401 Class B ordinary shares held by TECHWOLF LIMITED, a British Virgin Islands company. |
Item 5. | Ownership of Five Percent or Less of a Class: | |
Not applicable | ||
Item 6. | Ownership of More than Five Percent on Behalf of Another Person: | |
Not applicable | ||
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling Person: | |
Not applicable | ||
Item 8. | Identification and Classification of Members of the Group: | |
Not applicable | ||
Item 9. | Notice of Dissolution of Group: | |
Not applicable | ||
Item 10. | Certifications: | |
Not applicable |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 11, 2022
PENG ZHAO | ||
/s/ Peng Zhao | ||
TECHWOLF LIMITED | ||
By: | /s/ Peng Zhao | |
Name: | Peng Zhao | |
Title: | Director |
EXHIBIT 99.1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A ordinary shares, par value of $0.0001 per share, of KANZHUN LIMITED, a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 11, 2022.
PENG ZHAO | ||
/s/ Peng Zhao | ||
TECHWOLF LIMITED | ||
By: | /s/ Peng Zhao | |
Name: | Peng Zhao | |
Title: | Director |