CEO of China Finance Online Nominated one of the"2004 Top 10 Start-Up Entrepreneurs in China"

Beijing, Dec. 27 /Xinhua- PRNewswire/ -- Jun Ning, Chairman and Chief Executive Officer of China Finance 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."

About China Finance Online Co. Limited
China Finance Online Co. Limited specializes in providing online financial and listed company data and information in China. Through its website, http://www.jrj.com, the company offers subscription-based service packages that integrate financial and listed company data and information from multiple sources with features and functions such as data and information search, retrieval, delivery, storage and analysis. These features and functions are delivered through proprietary software that is available by download