Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Zhihu Inc.

(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)

(Stock Code: 2390)

EXEMPTION UNDER RULE 13.46(2) OF THE LISTING RULES

REGARDING 2021 ANNUAL REPORT

This announcement is issued pursuant to Note 4 to Rule 13.46(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

Reference is made to the section headed "Summary - Rule 13.46(2) of the Listing Rules" in the prospectus of Zhihu Inc. (the "Company") dated April 11, 2022 (the "Prospectus"). Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as those defined in the Prospectus.

Rule 13.46(2) of the Listing Rules requires an overseas issuer to send an annual report or a summary financial report within four months after the end of the financial year to which the report relates (the "Annual Report Requirement"). Pursuant to Note 4 to Rule 13.46(2) of the Listing Rules, the Annual Report Requirement is not applicable to the Company in respect of the year ended December 31, 2021 as (i) the Company has included in the Prospectus the financial information required under Appendix 16 of the Listing Rules in relation to annual report in respect of the year ended December 31, 2021; (ii) the Company will not be in breach of its constitutional documents or laws and regulations of Cayman Islands or other regulatory requirements regarding its obligation to publish and distribute annual reports and accounts; and (iii) the Company has included in the Prospectus a statement as to whether it complies with the Corporate Governance Code in Appendix 14 to the Listing Rules and if not, the considered reasons for the deviation and explain how good corporate governance was achieved by means other than strict compliance with the code provision of the Corporate Governance Code.

As such, the Company hereby announces that it will not separately prepare and send an annual report or a summary financial report to its shareholders for the year ended December 31, 2021. Shareholders and potential investors of the Company are reminded that the financial results for the year ended December 31, 2021 were included in the Prospectus which is available for viewing on the website of the Hong Kong Stock Exchange at www.hkexnews.hk and our website at ir.zhihu.com.

By order of the Board

Zhihu Inc.

Yuan Zhou

Chairman

Hong Kong, April 29, 2022

As of the date of this announcement, the board of directors of the Company comprises Mr. Yuan Zhou, Mr. Dahai Li and Mr. Wei Sun as executive Directors, Mr. Zhaohui Li and Mr. Jiatong Peng as non-executive Directors and Mr. Hanhui Sam Sun, Ms. Hope Ni and Mr. Derek Chen as independent non-executive Directors.

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Zhihu Inc. published this content on 29 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2022 13:36:10 UTC.