JQW PLC Notice of Results (4319X)
28 Agosto 2015 - 10:40AM
UK Regulatory
TIDMJQW
RNS Number : 4319X
JQW PLC
28 August 2015
Press Release 28 August 2015
JQW plc
("JQW" or the "Group")
Notice of Interim Results
JQW announces that the Group will be publishing its Interim
Results for the six months ended 30 June 2015 on or around
Wednesday 23 September 2015.
The Company has had a number of discussions regarding the
appointment of a new UK-based broker although no final decision has
yet been made.
- Ends -
For further information:
JQW plc
CaiYongde, Chairman Tel: +44 (0) 20 7398
7714
ChenDaocai, Chief Executive Officer www.jqw-ir.com
Kooi Wei Boon, Chief Financial Officer
Cairn Financial Advisers LLP (Nomad
& Broker)
Sandy Jamieson / Liam Murray Tel: +44 (0)20 7148
7900
www.cairnfin.com
Media enquiries:
Abchurch Communications Limited
Quincy Allan/Viktoria Langley Tel: +44 (0)20 7398
7714
jqw@abchurch-group.com www.abchurch-group.com
About JQW plc
JQW is a leading domestic business-to-business e-commerce
provider based in the Chinese province of Jiangsu. The Group's core
business is its online B2B platform, www.jqw.com, which has been
developed to encourage domestic trade by connecting Chinese SMEs
with potential trade partners. Founded in 2004, the platform was
developed to help to market Chinese SME's websites. JQW has evolved
rapidly to become one of the top three B2B e-commerce website in
China in terms of traffic and operates, what the Director's believe
to be, the first dedicated B2B search engine, www.jqw.cn.
JQW offers a low-cost entry point for Chinese SMEs to promote
themselves and their B2B products to potential buyers. In order to
increase transaction opportunities, JQW offers its clients a broad
range of services including website design, commercial search
services and advertising.
There are approximately 50 million SMEs in China manufacturing a
diverse range of products, accounting for 60% of the country's GDP.
The number of mobile internet-access users in China stood at 871
million at September 2014 and investment in the country's
telecommunications infrastructure continues to accelerate. These
factors have driven an increased demand for domestic trade of B2B,
B2C and C2C e-commerce. With the majority of these SMEs requiring
the use of third party B2B e-commerce platforms to promote their
businesses and access trade partners, the Board believes that JQW
offers a robust and highly reputable branded platform. With
exposure in over 50 industry sectors and considerable scope for
future growth, JQW is in a strong position to capitalise on the
development of this market.
At the end of 2014, the Group had:
11 million Registered users
5 million Page views per day
1,046,000 Sheng-Yi-Tong members with website "shops"
241,000 Fee-paying members
600 Rated in the top 600 websites for global website traffic rankings
44 Sales agencies
3 Top 3 in Chinese B2B website traffic rankings
This information is provided by RNS
The company news service from the London Stock Exchange
END
NORLIFVTTTITFIE
(END) Dow Jones Newswires
August 28, 2015 04:40 ET (08:40 GMT)
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