distribution industry.

In relation to the fund and financial industry, ChinaPNR launched a one-stop financial platform known as Tiantianying, which has nearly 2 million registered users till now.

ChinaPNR has established strategic relationships with 48 fund firms, 33 banks and assists clients in purchasing fund products from many fund firms with a certain bank card. It has experienced a rapid growth since its establishment and its payment transaction volume exceeded 600 billion yuan in 2012. ChinaPNR ranked third in the third party payment industry and first in financial payment area in that year.