Zhaopin Limited Announces Filing of FY2016 Annual Report on Form 20-F
BEIJING, Oct. 14, 2016 /PRNewswire/ -- Zhaopin Limited (NYSE: ZPIN) ("Zhaopin" or the "Company"), a leading career platform[1] in China focused on connecting users with relevant job opportunities through their career lifecycle, announced that it filed its annual report on Form 20-F for the fiscal year ended June 30, 2016 with the U.S. Securities and Exchange Commission (the "SEC") on October 13, 2016.
The annual report can be accessed on Zhaopin's investor relations website at ir.zhaopin.com or the SEC's website at www.sec.gov. Zhaopin will provide hard copies of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
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 platform in China as measured by average daily unique visitors in each of the 12 months ended June 30, 2016, number of registered users as of June 30, 2016 and number of unique customers[2] for the three months ended June 30, 2016. The Company's over 120.0 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, 2016, approximately 36.9 million job postings[3] were placed on Zhaopin's platform by 509,813 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.
For more information, please contact:
Zhaopin Limited
Ms. Daisy Wang
Investor Relations
[email protected]
| [1] Zhaopin's website is the most popular career platform in China as measured by average daily unique visitors in each of the 12 months ended June 30, 2016, the number of registered users as of June 30, 2016 and the number of unique customers for the three months ended June 30, 2016. |
| [2] A "unique customer" refers to a customer that purchases the Company's online recruitment services during a specified period. Zhaopin makes adjustments for multiple purchases by the same customer to avoid double counting. Each customer is assigned a unique identification number in the Company's information management system. Affiliates and branches of a given customer may, under certain circumstances, be counted as separate unique customers. |
| [3] Zhaopin calculates the number of job postings by counting the number of newly placed job postings during each respective period. Job postings that were placed prior to a specified period - even if available during such period - are not counted as job postings for such period. Any particular job posting placed on the Company's website may include more than one job opening or position. |
SOURCE Zhaopin Limited
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