Company: ZHIHF
Filing Date: 2025-04-15
Form Type: 20-F
Source: 0001410578-25-000729
Chunk: 350

Company: Zhihu Inc.
Filing Date: 2025-04-15
Form: 20-F
Item: Item 7
Chunk 350
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 statement for the period during which such filing would be materially detrimental to us or our members on the condition that we furnish to the holders a certificate signed by our chief executive officer. However, we cannot exercise the deferral right for more than 90 days on any one occasion or more than once during any twelve-month period and cannot register any other securities during such 90-day period.

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Piggyback Registration Rights. If we propose to register for our own account any of our equity securities, in connection with the public offering of such equity securities, we should promptly give holders of our registrable securities written notice of such registration and, upon the written request of any holder given within fifteen (15) days after delivery of such notice, we should use our reasonable best efforts to include in such registration the registrable securities requested to be registered by such holder.
Expenses of Registration. We will bear all registration expenses, other than the underwriting discounts and selling commissions applicable to the sale of the registrable securities.
Termination of Obligations. The shareholders’ registration rights will terminate upon the earlier of (i) March 30, 2026 and (ii) with respect to any holder, the date on which such holder may sell all of such holder’ registrable securities under Rule 144 of the Securities Act in any 90-day period.
Employment Agreements and Indemnification Agreements
See “Item 6. Directors, Senior Management and Employees—B. Compensation—Employment Agreements and Indemnification Agreements.”
Share Incentive Plan
See “Item 6. Directors, Senior Management and Employees—B. Compensation - 2022 Share Incentive Plan.”
Other Transactions with Related Parties 
Transactions with Tencent entities. Our transactions with Tencent Holdings Limited, one of our principal beneficial owners, and its subsidiaries, included (i) purchase of services which primarily related to cloud and bandwidth services, amounting to RMB137.7 million, RMB28.8 million, and RMB25.9 million (US$3.5 million) in 2022, 2023, and 2024, respectively; and (ii) provision of services which primarily related to marketing services, amounting to RMB25.7 million, RMB29.2 million, and RMB16.5 million (US$2.3 million) in 2022, 2023, and 2024, respectively. The amount due from the Tencent entities were RMB22.