IPO Profile

China Finance Online
Room 610B, 6/ F Ping�an Mansion, No. 23 Financial Street, Xicheng District, Beijing, 100032, China
Tel: 86-10-6621-0631
Web: www.jrj.com.cn
Ticker: JRJC
Stock Exchange: Nasdaq
Shares Issued: 6,200,000.00
Price Offered: $13.00
Amount Raised: $80,600,000.00

Underwriters:
J.P. Morgan
Jefferies & Company
W.R. Hambrecht + Co.



Company Description:
We believe we are one of the leading companies that specialize in providing online financial and listed company data and information in China in terms of popularity among Internet users that invest in stocks and access online financial information, as measured by their frequency of visits and user spending. According to a survey conducted by Taylor Nelson Sofres, an independent market intelligence provider: � our website at www.jrj.com.cn was one of the most frequently visited websites that specialize in providing financial data and information in China during the six month period ended May 31, 2004 among a total of 47 websites identified by the participants in the survey that also specialize in providing financial data and information; and � during the twelve month period ended December 31, 2003, Internet users in China spent more money purchasing financial products and services offered through our website than any other website in China that also specializes in providing financial data and information.