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Zhihu Proposes RMB1.5 Billion AI Fund Subscription for Shareholder Approval

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Sig2.43Sen+1.49Env0.00Soc+0.15Gov+0.93

Zhihu proposes a RMB1.5 billion cash subscription to an AI-focused limited partnership investment fund through a wholly owned subsidiary, subject to approval by shareholders at an extraordinary general meeting. Zhihu expects its stake will be no more than 30% and will not manage day-to-day operations, while continuing to build its online content community and evaluate AI opportunities with disciplined capital allocation.

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