UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
KANZHUN LIMITED
(Name of Issuer)
Class A Ordinary Shares
(Title of Class of Securities)
48553T106**
(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 person’s 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 48553T106 has been assigned to the American Depositary Shares (“ADSs”) of KANZHUN LIMITED (the “Issuer”), which are quoted on the Nasdaq Global Select Market under the symbol “BZ.” Each ADS represents two Class A ordinary shares. |
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).
CUSIP No. 48553T106
| 1. | Name of Reporting Person
CTG Evergreen Investment X Limited | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)
(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
None | ||||
| 6. | Shared Voting Power
68,539,875 Class A ordinary shares | |||||
| 7. | Sole Dispositive Power
None | |||||
| 8. | Shared Dispositive Power
68,539,875 Class A ordinary shares | |||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
68,539,875 Class A ordinary shares | |||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
| 11. | Percent of Class Represented by Amount in Row (9)
10.1%(1) | |||||
| 12. | Type of Reporting Person (See Instructions)
CO | |||||
| (1) | The percentage is calculated based on 677,127,602 Class A ordinary shares outstanding as of June 15, 2021, as reported in Exhibit 99.1 to the Issuer’s Current Report on Form 6-K furnished to the Securities and Exchange Commission on August 27, 2021. |
1
CUSIP No. 48553T106
| 1. | Name of Reporting Person
CTG Evergreen Investment R Limited | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)
(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
None | ||||
| 6. | Shared Voting Power
3,606,665 Class A ordinary shares | |||||
| 7. | Sole Dispositive Power
None | |||||
| 8. | Shared Dispositive Power
3,606,665 Class A ordinary shares | |||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
3,606,665 Class A ordinary shares | |||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
| 11. | Percent of Class Represented by Amount in Row (9)
0.5% (2) | |||||
| 12. | Type of Reporting Person (See Instructions)
CO | |||||
| (2) | The percentage is calculated based on 677,127,602 Class A ordinary shares outstanding as of June 15, 2021, as reported in Exhibit 99.1 to the Issuer’s Current Report on Form 6-K furnished to the Securities and Exchange Commission on August 27, 2021. |
2
CUSIP No. 48553T106
| 1. | Name of Reporting Person
Capital Today Evergreen Fund, L.P. | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ☐ (b) ☐
| |||||
| 3. | SEC Use Only
| |||||
| 4. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power
None | ||||
| 6. | Shared Voting Power
72,146,540 Class A ordinary shares | |||||
| 7. | Sole Dispositive Power
None | |||||
| 8. | Shared Dispositive Power
72,146,540 Class A ordinary shares | |||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
72,146,540 Class A ordinary shares | |||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
| 11. | Percent of Class Represented by Amount in Row (9)
10.7% (3) | |||||
| 12. | Type of Reporting Person (See Instructions)
PN | |||||
| (3) | The percentage is calculated based on 677,127,602 Class A ordinary shares outstanding as of June 15, 2021, as reported in Exhibit 99.1 to the Issuer’s Current Report on Form 6-K furnished to the Securities and Exchange Commission on August 27, 2021. |
3
CUSIP No. 48553T106
| 1. | Name of Reporting Person
Capital Today Evergreen GenPar LTD. | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ☐ (b) ☐ | |||||
| 3. | SEC Use Only
| |||||
| 4. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power
None | ||||
| 6. | Shared Voting Power
72,146,540 Class A ordinary shares | |||||
| 7. | Sole Dispositive Power
None | |||||
| 8. | Shared Dispositive Power
72,146,540 Class A ordinary shares | |||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
72,146,540 Class A ordinary shares | |||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
| 11. | Percent of Class Represented by Amount in Row (9)
10.7%(4) | |||||
| 12. | Type of Reporting Person (See Instructions)
CO | |||||
| (4) | The percentage is calculated based on 677,127,602 Class A ordinary shares outstanding as of June 15, 2021, as reported in Exhibit 99.1 to the Issuer’s Current Report on Form 6-K furnished to the Securities and Exchange Commission on August 27, 2021. |
4
CUSIP No. 48553T106
| 1. | Name of Reporting Person
Xin Xu | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ☐ (b) ☐ | |||||
| 3. | SEC Use Only
| |||||
| 4. | Citizenship or Place of Organization
Hong Kong | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power
None | ||||
| 6. | Shared Voting Power
72,146,540 Class A ordinary shares | |||||
| 7. | Sole Dispositive Power
None | |||||
| 8. | Shared Dispositive Power
72,146,540 Class A ordinary shares | |||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
72,146,540 Class A ordinary shares | |||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
| 11. | Percent of Class Represented by Amount in Row (9)
10.7% (5) | |||||
| 12. | Type of Reporting Person (See Instructions)
IN | |||||
| (5) | The percentage is calculated based on 677,127,602 Class A ordinary shares outstanding as of June 15, 2021, as reported in Exhibit 99.1 to the Issuer’s Current Report on Form 6-K furnished to the Securities and Exchange Commission on August 27, 2021. |
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| Item 1. |
| (a) | Name of Issuer: |
KANZHUN LIMITED
| (b) | Address of Issuer’s Principal Executive Offices: |
18/F, GrandyVic Building
Taiyanggong Middle Road, Chaoyang District
Beijing 100020, The People’s Republic of China
| Item 2. |
| (a) | Name of Person Filing |
This Schedule 13G is being filed jointly by the following parties (each, a “Reporting Person” and collectively, the “Reporting Persons”):
CTG Evergreen Investment X Limited
CTG Evergreen Investment R Limited
Capital Today Evergreen Fund, L.P.
Capital Today Evergreen GenPar LTD.
Ms. Xin Xu
CTG Evergreen Investment X Limited is the record owner of 68,539,875 Class A ordinary shares and CTG Evergreen Investment R Limited is the record owner of 3,606,665 Class A ordinary shares. Both CTG Evergreen Investment X Limited and CTG Evergreen Investment R Limited are controlled by Capital Today Evergreen Fund, L.P., whose general partner is Capital Today Evergreen GenPar LTD. Capital Today Evergreen GenPar LTD. is controlled by Ms. Xin Xu. Ms. Xu disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary interest therein.
| (b) | Address of Principal Business Office or, if none, Residence |
The principal business address of each of the Reporting Persons is as follows:
Unit 908, Level 9, Cyberport 2, 100 Cyberport Road, Hong Kong
| (c) | Citizenship |
See responses to Item 4 on each cover page.
| (d) | Title of Class of Securities |
Class A ordinary shares, par value of US$0.0001 per share
| (e) | CUSIP Number |
CUSIP number 48553T106 has been assigned to the 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.
| Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
Not applicable.
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| Item 4. | Ownership |
The information required by Items 4(a)—(c) is set forth in rows 5-11 of the cover page for each Reporting Person and is incorporated herein by reference.
| 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 Control 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. | Certification |
Not applicable.
7
Signature
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated: February 9, 2022
| CTG Evergreen Investment X Limited | ||||
By: | /s/ Xin Xu | |||
| Name: | Xin Xu | |||
| Title: | Authorized Signatory | |||
| CTG Evergreen Investment R Limited | ||||
By: | /s/ Xin Xu | |||
| Name: | Xin Xu | |||
| Title: | Authorized Signatory | |||
| Capital Today Evergreen Fund, L.P. | ||||
| By: | Capital Today Evergreen GenPar LTD., its general partner | |||
| By: | /s/ Xin Xu | |||
| Name: | Xin Xu | |||
| Title: | Authorized Signatory | |||
| Capital Today Evergreen GenPar LTD. | ||||
By: | /s/ Xin Xu | |||
| Name: | Xin Xu | |||
| Title: | Authorized Signatory | |||
| Xin Xu | ||||
/s/ Xin Xu | ||||
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JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned agrees that (i) this statement on Schedule 13G has been adopted and filed on behalf of each of them and (ii) all future amendments to such statement on Schedule 13G will, unless written notice to the contrary is delivered as described below, be jointly filed on behalf of each of them. This agreement may be terminated with respect to the obligations to jointly file future amendments to such statement on Schedule 13G as to any of the undersigned upon such person giving written notice thereof to each of the other signatory hereto, at the principal office thereof.
Dated: February 9, 2022
| CTG Evergreen Investment X Limited | ||
By: | /s/ Xin Xu | |
| Name: | Xin Xu | |
| Title: | Authorized Signatory |
| CTG Evergreen Investment R Limited | ||
By: | /s/ Xin Xu | |
| Name: | Xin Xu | |
| Title: | Authorized Signatory |
| Capital Today Evergreen Fund, L.P. | ||||
| By: Capital Today Evergreen GenPar LTD., its general partner | ||||
| By: | /s/ Xin Xu | |||
| Name: | Xin Xu | |||
| Title: | Authorized Signatory |
| Capital Today Evergreen GenPar LTD. | ||
By: | /s/ Xin Xu | |
| Name: | Xin Xu | |
| Title: | Authorized Signatory | |
| Xin Xu | ||
/s/ Xin Xu | ||
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