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"As reflected in our first quarter 2015 financial results, our existing businesses are maintaining solid growth. As we continue to execute our O2O strategic plans and strive for even stronger growth, we remain optimistic about achieving 30% top line growth in the second quarter this year and expect growth to accelerate in the second half of this year, leading to a 30% full year growth in net revenues. On the profit front, we expect non-GAAP operating income (which excludes online spending) for 2015 to increase by over 20% year-over-year. We believe our business is as well-positioned as it has ever been, and our continued investment in O2O initiatives reflects our confidence in the strategic progress that we continue to make to capture the emerging opportunities provided by the internet," commented
About
Our online platforms include (1) Baoxian.com, an online entry portal for comparing and purchasing health, accident, travel and homeowner insurance products; (2) CNpad, a mobile sales support application; (3) Chetong.net, a public service platform for the insurance industry and (4) eHuzhu (www.ehuzhu.com), the first non-profit online mutual aid platform in
Forward-looking Statements
This press release contains statements of a forward-looking nature. These statements, including the statements relating to the Company's future financial and operating results, are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as "will," "expects," "believes," "anticipates," "intends," "estimates" and similar statements. Among other things, management's quotations and the Business Outlook section contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about
CONTACT: For more information aboutSource:CNinsure Inc. , please visit http://ir.cninsure.net/. Oasis Qiu Investor Relations Manager Tel: +86 (20) 6122-2731 Email: qiusr@cninsure.net
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