Zhihu Inc. (02390) Releases January 2026 Monthly Return, Reports Share Repurchase Activities

Bulletin Express
02/05

Zhihu Inc. (stock code: 02390) disclosed its monthly return for January 2026. According to the announcement, the total authorized share capital stands at US$200,000, comprising two classes of WVR ordinary shares (Class A and Class B). The par value for both share classes is US$0.000125, and there were no changes in the authorized or registered share capital during the month.

The number of issued Class A shares listed on the Hong Kong Stock Exchange remained at 254,416,106, with no change in treasury shares. Public float requirements continued to be met at month-end. The number of issued Class B shares, which are not listed on the exchange, also remained unchanged at 15,446,778.

Under the 2012 Share Incentive Plan, 772,741 share options were carried forward without any exercise or issuance, while under the 2022 plan, 855,705 restricted share units were granted, 446,682 vested, and 112,329 were canceled in January. A total of 2,500 shares may still be issued under the 2012 Plan, and 10,335,187 shares are eligible for issuance under the 2022 Plan.

Additionally, 1,438,761 Class A ordinary shares represented by ADSs were repurchased on multiple dates in January through the New York Stock Exchange. These shares had not been canceled as of the end of the reporting period.

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