Grace Village October 30th │ Zhihu-W (02390.HK) announcement, the tender offer has ended at the final acceptance deadline. At the final acceptance deadline, the registry received a total of 13,138,898 shares of Class A common stock from non-U.S. tendering shareholders and the depositary received a total of 6,625,706 shares of American Depositary Shares from U.S. tendering American Depositary Shares holders. As of the date of this announcement, these shares account for approximately 70.4% of the maximum number of shares the company will repurchase under the tender offer and approximately 11.2% of the total issued and outstanding shares.

The company will repurchase and cancel a total of 33,016,016 shares of Class A common stock upon completion of the tender offer (expected to be implemented by November 8, 2024). The total consideration payable by the company for the Class A common stock to be repurchased under the tender offer is approximately HK$300,775,906.