Zhihu to commit RMB 1.5 billion to Monolith-managed AI private equity fund

• Zhihu’s wholly owned PRC unit signed an agreement to subscribe to an AI-focused private equity fund with a RMB 1.5 billion commitment.
• Investment takes a limited partnership interest in Tianjin Lisi Xingshen Equity Investment Partnership, a blind-pool vehicle formed in May 2026.
• Funding will come from internal resources, subject to shareholder approval at an extraordinary general meeting.
• Zhihu expects its fund interest to be no more than 30% following completion.
• Fund targets early-to-mid-stage unlisted AI-related companies with a mainland China nexus; term seven years, extendable by up to two years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhihu Inc. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260906-12322356), on September 06, 2026, and is solely responsible for the information contained therein.