知乎-W2024年度报告

24812205054748492949698100168 Derek Chen 202465 Derek Chen 18 Derek Chen 33191912 PO Box 309Ugland HouseGrand Cayman KY1-1104Cayman Islands Derek Chen 22 1542 Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands 1826 486A-C 81115&20 2390ZH ir.zhihu.com 18127 183171712-1716 (1) (1) (2) 2024 2023839.579.9%2024169.0202460.6%202497.123.1 2024 2024368105,000 20242025DeepSeek 202420241231874.612.9% 2024IP 2024202314.5202415.0 2024123173.8%3020241259.4% 202420%2024123177.72023123171.38.9% 20243620234214.3% 202417.6202318.33.5%2024468.12023565.6202425.5%21.0% 202420252024 20243620234214.3%20242023 202412202317 202417.6202318.3 2024468.12023565.617.2% 121.72023153.8 20231925.5%202414 20242023 2023235.0%202422202354.7%202460.6% 20233421.0%202427 20232021.9%202416 2023901.518.7%2024732.6 2023418.521.1%2024330.22024 20231155.1%2024481.1 2023888.054.4%2024405.4 2023839.579.9%2024169.0 2023659.185.4%202496.3 202420242023123149552024280.2 2024 2024 20241231 20241231 20241231 A 20241231 12311,88720241231 20241231 (i)2024219(ii)202465(iii)DerekChen 201151720213ZH20224A2390 1 2024123120-F ••••••••••• •(i)(ii) • • •••A•••HFCAA A A ••A 20241126 772 A 1. 202246(i)(ii)20241231 2024123115.2 2. 20224720241231 202412316.7 3. 2024123114.7 20241231202511202411262025202520241126 4. 2024112620241212026123120241126 202412313.4 5. (i) 202450% (ii) (iii) 2024 (iv) 2024 (v) ICP 2024 (vi) 201661 (i) 2024 (ii) (i)(ii)(iii) ••••••• •••• 20211221 (a)(b) 202197202111920246 20211221 1 (i)1(ii)1(iii)(iv)(v)(vi) 202197105012024 202111920246 20211221(i)(ii)(iii)(iv) 202197(a)(b)202111920246 20211221(i)(ii)(iii)(iv)30 202197202111920246 20238899%1%2023731 202440.21%99%1%1% (i)(ii)(iii) A (i)14A.105(ii)14A.53(iii)A14A.52 A (i)(ii)(iii) (i)(ii)(iii) A ••(i)(ii)(iii)••AA•A • • • 300074014A.56 •• • • 21AA ABAB BABA15,446,778AA6.20% 8A.22BB (i)8A.17(1)(2)(3)(4) (ii)BB8A.18 (iii)B8A.18(2) (a)20241202438,044,0519,509,4504,754,7251A10% (b)2024719A9.113.5046,921,448A202411833,016,016A2024719202410302024118 A2024222024628202411845,767,65928A.138A.158A.2120242220246282024118471,562280,3771,946,888BA (1)9,509,4504,754,725A2024510AA4,754,72120246282024426(2)45,767,6597,996,9922024224,754,7212024628(1)33,016,0162024118(3)AA(4)33,016,01613,138,898A6,625,70619,877,118A2024118 20241231 15.8%4.4%10.5%3.2% 5% 7 13.51B(1)2024 20214維藥業2561維藥業20253 202413.51B(1) F.1.1 20241231 20241231 202233130 20233720233730 202233130 20241231 20122022 2627 182024123118 8.10 20241231 2025415 441520241200810201011(Beijing Nuobote Informational Technology Co.,Ltd.)20066200712IT2003620063 4420213202465201852024620151220184202332023620138201512201082013820076201092003720067 49201592011(TencentInvestment)2008920105(Bertelsmann Asia Investment)201731024201812BEKE2423201312202288344182020122023324691998720045 45202332016810242014920168Hulu, LLC2010720134FreeWheelMedia Inc.2002620066 52202132022420211(VSP Zhuhai Asset Management Company)2010120159(Qunar Cayman Islands Limited)20155201592010120154QUNR2007220092KZ2005720071(Microsoft China R&D Group)(Maersk China Co. Ltd.)20236988520183IQ201512YRD20148202172021706992018320197STG2010920195(FangHoldings Limited)(SouFun Holdings Limited)SFUN1993719984 HopeNi522021320224202182021420109202466669維藥業256108612020620081UCLATA Creativity GlobalAACG202062022604002015320206199820041998519945 DerekChenZhiyongChen4920224Chen201392019TPG(TPGCapital(Beijing)Limited)TPGChen20043(SAIF(Beijing)Advisors Ltd.)20099201832019102003202112ChenChen2001 202465 34202421920202023Access Technology VenturesAccess Industries, Inc.Len Blavatnik20182020201520182012 432024652015201720062015 202112152022111202100369013261952201524231097249820034 C.2.1C1 C.2.1 C3 Derek Chen 2025630 (1)202465 (2)2024219202411 14 3.10(2)3.21 3.13 B.2.2B.2.2 B.1.4(1)(2)(3)(4)(5) Derek Chen A.B.A 3.21 Derek Chen3.10(2)3.21 3.25 17.03F17.06B(7)(8) E.1.520241231 020,000,00020,000,000 2627 8A.278A.282023524 DerekChen 8A.302023524 DerekChenDerek Chen • ••C.2.1A••A•8A.30•8A.35••8A.148A.15 8A.188A.24•• (i)(ii)8A.178A.30(4)(6)(iii)8A.148A.15 8A.188A.24(iv) (i)(ii)(iii)(iv) 202412311,8878781,00946.5%53.5% • • • 15 8491 20241231 (1)(2) 2021121520221112022111203.28 3.2915 (i)(ii)(iii)(https://ir.zhihu.com)(iv)(v) 14 18ir@zhihu.com (a) Online Feedback (https://www.computershare.com/hk/en/online_feedback)+8522862 855518317M (b) (a)(b)(c)(d)(e)(f)(g)( www.hkex.com.hk ) (c) (https://ir.zhihu.com) (d) 20241231XV(a)XV78(b)352(c) (1)MO Holding LtdMO Holding Ltd99%South Ridge Global LimitedSouth RidgeGlobal LimitedMO Holding LtdZhihu Holdings Inc.MO Holding Ltd(2)Ocean Alpha Investment Limited1,673,042(3)(4)10,000A2024123175%75%50%Derek Chen(5)20241231246,505,157A15,446,778B 20241231XV(a)352(b) 20241231XV23336 (1)HuangRiver Investmen