Zhihu Inc. Announces Results of the Annual General Meeting

Rhea-AI Summary

Zhihu Inc. (NYSE: ZH; HKEX: 2390), a significant online content community in China, has announced the successful adoption of all proposed resolutions during its annual general meeting (AGM) held on June 26, 2024. Key resolutions included the re-election of Mr. Yuan Zhou, Mr. Zhaohui Li, and Ms. Hope Ni as directors. Additionally, the AGM granted the board a general mandate to issue and repurchase Class A ordinary shares under predefined terms.

Positive

• Re-election of experienced directors, maintaining leadership stability.
• Approval of a mandate allowing the issuance and repurchase of shares, providing flexibility for capital management.

Negative

• None.

BEIJING, June 26, 2024 /PRNewswire/ -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) ("Zhihu" or the "Company"), a leading online content community in China, today announced that each of the proposed resolutions submitted for shareholders' approval (the "Proposed Resolutions") as set forth in the notice of annual general meeting dated May 30, 2024 (the "AGM Notice") has been adopted at its annual general meeting of shareholders held in Beijing, China today.

After the adoption of the Proposed Resolutions, all corporate authorizations and actions contemplated thereunder are approved, including, among other things, that (i) Mr. Yuan Zhou, Mr. Zhaohui Li, and Ms. Hope Ni are re-elected as directors of the Company and (ii) the directors of the Company are granted a general mandate to issue, allot, and deal with additional Class A ordinary shares of the Company or equivalents and a general mandate to repurchase the Company's own shares, respectively, on the terms and in the periods as set out in the AGM Notice.

About Zhihu Inc.

Zhihu Inc. (NYSE: ZH; HKEX: 2390) is a leading online content community in China where people come to find solutions, make decisions, seek inspiration, and have fun. Since the initial launch in 2010, we have grown from a Q&A community into one of the top comprehensive online content communities and the largest Q&A-inspired online content community in China. For more information, please visit https://ir.zhihu.com. 

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Zhihu Inc.
Email: ir@zhihu.com

Piacente Financial Communications
Helen Wu
Tel: +86-10-6508-0677
Email: zhihu@tpg-ir.com 

In the United States:

Piacente Financial Communications
Brandi Piacente
Phone: +1-212-481-2050
Email: zhihu@tpg-ir.com

View original content:https://www.prnewswire.com/news-releases/zhihu-inc-announces-results-of-the-annual-general-meeting-302183106.html

SOURCE Zhihu Inc.

FAQ

What were the key outcomes of Zhihu's 2024 AGM?

The key outcomes included the re-election of directors Yuan Zhou, Zhaohui Li, and Hope Ni, and the approval of mandates to issue and repurchase shares.

When was Zhihu's 2024 AGM held?

Zhihu's 2024 AGM was held on June 26, 2024.

What resolutions were adopted in Zhihu's 2024 AGM?

Resolutions included re-electing directors and granting mandates to issue and repurchase Class A ordinary shares.

What is the stock symbol for Zhihu?

The stock symbols for Zhihu are NYSE: ZH and HKEX: 2390.

Who were re-elected as directors at Zhihu's 2024 AGM?

Yuan Zhou, Zhaohui Li, and Hope Ni were re-elected as directors.