Mr. Jun Ning

Beijing, Dec. 27 /Xinhua- PRNewswire/ -- Jun Ning, Chairman and Chief Executive Officer of China Finance Online Co.Limited (Nasdaq: JRJC), was named one of the "2004 Top 10 Start-up Entrepreneurs in China" by the China Venture Capital Annual Forum in 2004.IDG Technology Venture Investment, Softbank Asia Infrastructure Fund, the Carlyle Group and many other private equity funds and venture capital companies that are active in China's venture capital industry participated in the forum nomination.

As the first and only NASDAQ listed Chinese company focusing on providing online financial and listed company data and information services in China, China Finance Online provides investors in China's stock markets with comprehensive and reliable financial data and information service packages.According to Mr. Ning, his nomination in this year's China Venture Capital Annual Forum is further evidence that the company's management team has won the recognition and approval of China's venture capital industry.

On December 9, 2004, China Finance Online ranked number 9 in China and number 38 in Asia pacific, in Deloitte Technology Fast 500 Asia Pacific 2004.The program ranks the top 500 public and private high-tech companies in the Asia Pacific region, based on their rates of annual revenue growth during the past three years.Among the year 2004 winners, there are 90 companies from China (including Hong Kong).China Finance Online is the only company from China that focuses on providing online financial data and information services.

"All of these achievements demonstrate that China Finance Online has achieved strong recognition among the industry specialists as well as the general public,"said Mr. Ning,"as China's economy and its financial industry continue to grow, I believe China Finance Online is well positioned for year 2005."

About China Finance Online Co.LimitedChina Finance Online Co.

Beijing, Dec. 27 /Xinhua- PRNewswire/ -- Jun Ning, Chairman and Chief Executive Officer of China Finance Online Co.Limited (Nasdaq: JRJC), was named one of the "2004 Top 10 Start-up Entrepreneurs in China" by the China Venture Capital Annual Forum in 2004.IDG Technology Venture Investment, Softbank Asia Infrastructure Fund, the Carlyle Group and many other private equity funds and venture capital companies that are active in China's venture capital industry participated in the forum nomination.

As the first and only NASDAQ listed Chinese company focusing on providing online financial and listed company data and information services in China, China Finance Online provides investors in China's stock markets with comprehensive and reliable financial data and information service packages.According to Mr. Ning, his nomination in this year's China Venture Capital Annual Forum is further evidence that the company's management team has won the recognition and approval of China's venture capital industry.

On December 9, 2004, China Finance Online ranked number 9 in China and number 38 in Asia pacific, in Deloitte Technology Fast 500 Asia Pacific 2004.The program ranks the top 500 public and private high-tech companies in the Asia Pacific region, based on their rates of annual revenue growth during the past three years.Among the year 2004 winners, there are 90 companies from China (including Hong Kong).China Finance Online is the only company from China that focuses on providing online financial data and information services.

"All of these achievements demonstrate that China Finance Online has achieved strong recognition among the industry specialists as well as the general public,"said Mr. Ning,"as China's economy and its financial industry continue to grow, I believe China Finance Online is well positioned for year 2005."

About China Finance Online Co.LimitedChina Finance Online Co.

Jun Ninghas served as Chairman of JRJ Board of Directors since May 2004 and Chief Executive Officer since 2000.From 1997 to 1999,Mr.Ning was Chief Executive of Dalian Yaqi Computer Company, a corporation engaged in producing and distributing computer software.From 1982 to 1997, Mr. Ning was a professor at the Dalian Military Medical College.Mr. Ning graduated from the Nanchang Institute of Aerospace Technology with a Bachelor of Science degree in Aero-mechanics.

Jun NingJun Ning has served as Chairman of JRJ Board of Directors since May 2004 and Chief Executive Officer since 2000.From 1997 to 1999,Mr.Ning was Chief Executive of Dalian Yaqi Computer Company, a corporation engaged in producing and distributing computer software.From 1982 to 1997, Mr. Ning was a professor at the Dalian Military Medical College.Mr. Ning graduated from the Nanchang Institute of Aerospace Technology with a Bachelor of Science degree in Aero-mechanics.

BEIJING, June 23 /Xinhua-PRNewswire/ -- China Finance Online Co., Limited (Nasdaq: JRJC), a leading Chinese online financial information and listed company data provider , today announced that Jun Ning, its Chairman and Chief Executive Officer, has resigned from his positions with the company because of his health condition, effective July 25, 2005.
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Mr. Jun Ning will continue to work with the board and the Company in a consulting role after his resignation to ensure a smooth transition to new leadership for the Company.

"Jun Ning has provided strong leadership to China Finance Online and has successfully grown the company from a $100,000 start-up to a NASDAQ listed public company," said Hugo Shong, the newly appointed chairman of the Board of Directors.
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We regret that Jun has to leave us because of his health condition.
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Jun Ning also expressed his pride in the team he built and what they've accomplished together.

Mr. Jun Ning resigned from Chief Executive Officer and Chairman of the Board of Directors; Mr. Zhiwei Zhao was appointed as the Chief Executive Officer, Mr. Hugo Shong was appointed as Chairman of the Board of Directors.

BEIJING, June 23 /Xinhua-PRNewswire/ -- China Finance Online Co., Limited (Nasdaq: JRJC), a leading Chinese online financial information and listed company data provider, today announced that Jun Ning, its Chairman and Chief Executive Officer, has resigned from his positions with the company because of his health condition, effective July 25, 2005.
...
Mr. Jun Ning will continue to work with the board and the Company in a consulting role after his resignation to ensure a smooth transition to new leadership for the Company.

"Jun Ning has provided strong leadership to China Finance Online and has successfully grown the company from a $100,000 start-up to a NASDAQ listed public company," said Hugo Shong, newly appointed chairman of the Board of Directors.
...
We regret that Jun has to leave us because of his health condition.
...
Jun Ning also expressed his pride in the team he built and what they had accomplished together.

Jun Ning

Jun Ning
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Jun Ning will at all times be a director, and will not retire as a director, so long as he remains as the Chief Executive Officer.
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Jun Ning has served as the Chairman of our board of directors since May 2004 and our Chief Executive Officer since 2000.From 1997 to 1999, Mr. Ning was the chief executive of Dalian Yaqi Computer Company, a corporation engaged in the business of producing and distributing computer software.From 1982 to 1997, Mr. Ning was a professor at the Dalian Military Medical College.Mr. Ning graduated from the Nanchang Institute of Aerospace Technology with a Bachelor of Science degree in Aero-mechanics.