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99 Wuxian Continues Growth Trajectory

Hong Kong, 28 August 2015: 99 Wuxian, (ASX:NNW) (“99 Wuxian” or “the Company”) today announced its financial results for the half year ended 30 June 2015 (“1H15”).
-  Record Gross Transaction Value (“GTV”) of RMB 5.3 billion (AUD 1.1 billion) in 1H15, up 57% on the prior corresponding period (“pcp”)
-  20.1 million transactions on the platform during the period, up 86% on the pcp
-  Total registered user base of 45.6 million as at 30 June 2015; adding over 14.5 million users since 30 June 2014
-  Continued expansion and diversification of the business, with the launch of new product initiatives and the addition of high quality business partners and merchants
-  Net revenue of RMB 81.0 million (AUD 16.6 million)
-  Underlying EBITDA of RMB 5.4 million (AUD 1.1 million)
-  Underlying PBT of RMB 3.2 million (AUD 0.7 million)
-  Cash and cash equivalents of RMB 34.1 million (AUD 7.2 million) as at 30 June 2015
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