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CEO of China Finance Online Nominated

27 December 2004

Jun Ning, Chairman and Chief Executive Officer of China Financial 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.''

Source: PR Newswire


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