Zhaopin Launches Bi-Annual Employment Campaign to Help Graduates Find Jobs

BEIJING, Nov. 26, 2014 /PRNewswire/ -- Zhaopin Limited (NYSE: ZPIN) ("Zhaopin" or the "Company"), a leading career platform in China, today announced the launch of its bi-annual 'Graduate with a Future' employment campaign ("the Campaign") to help connect China's millions of new university graduates with relevant job opportunities.

Jointly organized by Zhaopin and CCTV, the Campaign seeks to aid newly graduated first-time job seekers with relevant job opportunities. The Campaign's official website, http://2014.zhaopin.com, allows employers to place job postings for the recruitment of new graduates free of charge during this event. The bi-annual Campaign takes place every year from March through May and November through January -- the peak seasons for new graduate recruiting each year. More than 13,000 employers across China participated in the campaign launched earlier this year, bringing approximately 50,000 job postings and 400,000 job vacancies.

"There are more than 7 million[1] fresh graduates in China each year, most of whom have difficulty finding a job as competition for positions increases," commented Mr. Evan Guo, Chief Executive Officer and Director of Zhaopin. "As China's leading career platform, we believe it is our social responsibility to facilitate first-time job seekers with relevant job opportunities. By helping new graduates find their first job, we are not only helping to solve a social problem in China, but also developing a strong relationship with job seekers and employers through engaging job seekers on our platform at the earliest stage of their career lifecycle and allowing employers to source talent cost-effectively. By facilitating a strong relationship between job seekers and employers, we are strengthening our position as a leading career platform in China, connecting the largest number of users with career opportunities throughout their career lifecycle."

About Zhaopin Limited

Zhaopin is a leading career platform in China, focusing on connecting users with relevant job opportunities throughout their career lifecycle. The Company's zhaopin.com website is the most popular career-focused website in China as measured by average daily unique visitors in each month of 2013 and up to and including September 2014. Zhaopin is the second largest online recruitment services provider as measured by revenues in 2013 and up to and including September 2014. The Company's over 92.4 million registered users include diverse and educated job seekers who are at various stages of their careers and are in demand by employers as a result of the general shortage of skilled and educated workers in China. In the fiscal year ended June 30, 2014, approximately 18.1 million job postings[2] were placed on Zhaopin's platform by 335,168 unique customers including multinational corporations, small and medium-sized enterprises and state-owned entities. The quality and quantity of Zhaopin's users and the resumes in the Company's database attract an increasing number of customers. This in turn leads to more users turning to Zhaopin as their primary recruitment and career-related services provider, creating strong network effects and significant entry barriers for potential competitors. For more information, please visit http://www.zhaopin.com.

Safe Harbor Statements

This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995.  These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Zhaopin may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Zhaopin's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: Zhaopin's goals and strategies; its future business development, financial condition and results of operations; its ability to retain and grow its user and customer base for its online career platform; the growth of, and trends in, the markets for its services in China; the demand for and market acceptance of its brand and services; competition in its industry in China; its ability to maintain the network infrastructure necessary to operate its website and mobile applications; relevant government policies and regulations relating to the corporate structure, business and industry; and its ability to protect its users' information and adequately address privacy concerns. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and Zhaopin does not undertake any obligation to update such information, except as required under applicable law.

For more information, please contact:

Zhaopin Limited
Ms. Jessica Ye
Executive Vice President
[email protected]

Christensen
In China
Mr. Christian Arnell
Phone: +86-10- 5900-1548
E-mail: [email protected]

In U.S.
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: [email protected]

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SOURCE Zhaopin Limited

Related Links

http://www.zhaopin.com