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Beijing time on May 18 morning, SAN,

, Ctrip (Nasdaq: CTRP) announced today its unaudited first quarter ended March 31, 2012 financial results. The report shows, The Ctrip first quarter net revenue of $ 900 million to 11 million yuan (100 million $ 45 million), an increase of 19%; net profit of 100 million to 69 million yuan ($ 27 million), down 28 percent.

in 2012 first quarter results summary:

2012 first quarter net operating income of 900 million to 11 million yuan (100 million $ 45 million), an increase of 19% with an increase of 15-20% expected.

2012 in the first quarter gross margin was 75% compared to the same period in 2011 was 78%.

2012 first quarter operating profit of 100 million to 7700 million yuan ($ 28 million), down 33 percent. Excluding share-based compensation expenses, operating profit for the first quarter of 2012 to 200 million 77 million yuan ($ 44 million), down 17 percent.

2012 first quarter operating margin was 19% compared to the same period in 2011 was 34%. Excluding share-based compensation expenses, in the first quarter of 2012 operating margin of 30% and 44% compared to the same period in 2011.

in 2012 first quarter net profit attributable to Ctrip shareholders for 100 million to 6900 million yuan ($ 27 million), down 28 percent. Excluding share-based compensation costs in the first quarter of 2012 net profit attributable to Ctrip shareholders for 200 million 70 million yuan ($ 43 million), down 12%.

in 2012 first quarter earnings diluted per ADS 1.11 yuan (0.18 U.S. dollars). Excluding share-based compensation costs, diluted earnings per depositary receipts in the first quarter of 2012 to 1.77 yuan (0.28 U.S. dollars).

2012

the first quarter of share-based compensation costs totaled $ 103 100 million yuan ($ 16 million), accounting for 11% of the net operating income, the profit per ADS for the first quarter of 2012 The impact of 0.66 yuan (0.11 U.S. dollars).

best price. ), an increase of 18%. The first quarter of 2011, total revenues decreased 2%.

in 2012 first quarter, hotel reservation revenues of 300 million 67 million yuan ($ 58 million), an increase of 18%, growth comes mainly from hotel bookings 21% year-on-year growth, and was room nights revenue fell 3% partially offset. Hotel reservation revenues decreased 8%, mainly affected by seasonal factors.

Air ticket booking revenues

2012 first quarter to 300 million 60 million yuan ($ 57 million), an increase of 10 percent, an increase mainly comes from ticket bookings year-on-year growth of 17%, and each ticket commission revenue 5 percent decline in influence. Air ticket booking revenues decreased 5%.

in 2012, the first quarter of the tourist resort business revenue of 100 million to 6600 million yuan ($ 26 million), an increase of 33%, the growth comes mainly from the growth of leisure travel demand. Tourist resort business revenue growth of 28%, the growth comes mainly from the growth of demand for leisure travel during the Spring Festival.

in 2012, the first quarter of the travel management business operating income of 39 million yuan ($ 6 million), an increase of 23% growth comes mainly from the growth of business travel demand driven by the business activities. The travel management business operating income decreased 18% decline during the Spring Festival commercial activities to reduce the impact.

in 2012 first quarter net operating income of 900 million to 11 million yuan (100 million $ 45 million), an increase of 19%. In the first quarter of 2012, net operating revenues decreased 2%.

2012 first quarter gross margin was 75% compared to the same period in 2011 was 78% to 76% relative to the previous quarter.

2012 first quarter product development costs 100 million to 9600 million yuan ($ 31 million), an increase of 51%, 14%, growth, growth was mainly attributable to product developers, and share-based compensation costs increase. Excluding share-based compensation charges, product development costs of the first quarter of 2012 accounted for 18% of the net turnover, an increase compared to 2011 over the same period the 14% and 16% of the previous quarter.

2012 first quarter sales and marketing costs of $ 483 million yuan ($ 29 million), an increase of 47%, the growth of the main reasons for the increase in marketing activities and increase . The first quarter of 2012, sales and marketing expenses decreased 1%. Excluding share-based compensation expenses, cost of sales of the first quarter of 2012 accounted for 19% of the net turnover, compared to 15% in the same period in 2011 increased, consistent relative to the previous quarter.

2012 first quarter administrative expenses 100 000 000 2900 million yuan ($ 20 million), an increase of 57%, growth of 14%, mainly due to growth management and share-based compensation costs increase caused by the impact and the increase in the turnover tax by VAT reform. Excluding share-based compensation expenses, administrative expenses of the first quarter of 2012 accounted for 8% of the net turnover, compared to the same period in 2011 5%, and 6% of the previous quarter has increased.

2012 first quarter operating profit of 100 million to 7700 million yuan ($ 28 million), down 33 percent, a decline of 23%. Excluding share-based compensation costs in the first quarter of 2012 operating profit of 200 million 77 million yuan ($ 44 million), down 17%, decreased by 15%.

2012 first quarter operating margin was 19% compared to the same period in 2011 was 34%, relative to the previous quarter to 25%. Excluding share-based compensation expenses, operating margin was 30%, 44% compared to the same period in 2011, and 35% of the last quarter of decline.

2012 first quarter effective income tax rate of 28 percent, compared to 21 percent over the same period in 2011 and last quarter, 23 percent have risen, the main reason for rising is not tax deductible share-based compensation costs accounted for The increase in operating profit percentage.

in 2012 first quarter net profit attributable to Ctrip shareholders for 100 million to 6900 million yuan ($ 27 million), down 28 percent, a decline of 33%. Excluding share-based compensation expenses, net profit attributable to Ctrip shareholders for 200 million 70 million yuan ($ 43 million), down 12%, decreased by 22%.

in 2012 first quarter earnings diluted per ADS 1.11 yuan (0.18 U.S. dollars). Excluding share-based compensation expenses in the first quarter of 2012 earnings diluted per ADS 1.77 yuan ($ 0.28).

As of March 31, 2012, the balance of cash and short-term investments of 5.2 billion yuan (800 million $ 19 million).

outlook

Ctrip expects second quarter of 2012 net operating income growth of about 15-20%. The projections reflect the the Ctrip preliminary judgment made based on the current situation and may lead to changes.

recent developments

As of May 16, 2012, according to the 2008 and 2011, respectively, through two stock repurchase program, Ctrip in the open market, the Chinese Communists to purchase approximately 2.6 million The Ctrip Depositary Receipts, worth $ 58 million.

executives promoted

Ctrip today announced the appointment of chief financial officer, Sun Jie chief operating officer. Served as Chief Financial Officer since December 2005 to May 2012, Sun Jie, construction Ctrip become important managers of the leading online travel companies. Sun Jie in 2011 by Institutional Investor Magazine named Asia’s best chief financial officer. In terms of financial operations, mergers and acquisitions and investor relations, she not only made a good reputation also has a very rich experience and practice in the OTA business operations and management.

Ctrip also announced the appointment of the vice chief financial officer Wu Wenjie as Chief Financial Officer. Wu Wenjie join Ctrip in December 2011 as Deputy Chief Financial Officer. Wu Wenjie is a veteran Internet and media industry analyst in 2005-2011, worked at Morgan Stanley Asia and Citigroup Investment Research analysts. Wu Jie was one of the largest red-chip companies listed on the Hong Kong Stock Exchange, China Merchants Holdings (International) Co., Ltd. Prior to this, enterprise operation and management of the work of the Department for three years. Miss Wu has a Ph.D. in Finance from the University of Hong Kong, Hong Kong University of Science and Technology Masters Degree in Finance and Economics, Nankai University master’s and bachelor’s degree. Miss Wu to become a Chartered Financial Analyst (CFA) since 2004.

Ctrip, president and CEO Min Fan, said: contribution. We are very pleased Wu Wenjie successor Chief Financial Officer. Miss Wu in the capital markets, operations management of the Internet industry and large enterprises have a wealth of experience and knowledge makes her the best candidate for Ctrip Chief Financial Officer and we believe Ctrip expansion under the leadership of the executive team will achieve greater success. : 00PM (Shanghai / Hong Kong time zone, 17 in May 2012, 9:00 AM) conference call.

the

conference call on the Internet live broadcast and replay (URL http://ir.ctrip.com). The meeting will be retained in the above-mentioned web site archive a month.

telephone dial to listen to the live conference call numbers: U.S. toll-free telephone number +1 888.679.8018, International dial-in number +1.617.213.4845, password is 25338369. Make reservations in advance to register, please click the following URL:

https://www.theconferencingservice.com/prereg/key.process?key=PPX489TDY

the

the end of the conference call until May 2012 24 May To access the replay by telephone. Telephone dial to listen to the conference call replay numbers: U.S. Toll Free Number +1.888.286.8010, International dial-in number +1.617.801.6888 password is 84999517.

share:> Related reports: the Ctrip Huabing high-end tourism: results of a new point is the new gimmick Ctrip announced will jointly push Youku travel video Ctrip executives talked about to open up the Russian tourism market: information promotion into key Ctrip pause high-speed rail moving ticket purchasing Fan is to appeal to the ticketing market-oriented Ctrip May 17 after-hours in the first quarter of fiscal year 2012 earnings microblogging Recommend | SAN official microblogging >>

Liu Jia

Bin by Phil Libin tone urgent.

as cloud notes storage Evernote CEO, Libin already lost count of this in recent years, many times to come to China. His current China trip, in addition to the Mobile Internet Conference held here by the participants, as well as an important objective is to visit China partners, and plans to look for potential investment opportunities in the Chinese market.

defeat. Now, they are In addition to developing new products for Chinese users impression notes,

of Flipboard, angry birds (microblogging), fruit ninja … more and more overseas APP has a plan to overweight China’s. Attract them to the 430 million mobile Internet users, there is still blue ocean of opportunity China Mobile Internet market.

Years ago, the Aol, Yahoo, eBay (microblogging), or Groupon now, these companies, without exception, proven experience in China, foreign Internet giants defeat in China are common.

said.

establishment of China’s data center is an important step. Libin found that using overseas servers Evernote, China may experience synchronization slow instability. Impression Notes

staff recruitment are being conducted. Evernote in China a few months ago only one employee, but now has seven, the end of this year, the number of the Chinese team is expected to about 30 people. They will focus on the the Evernote global product design and development, developer relations and market development and user support.

able to quickly market share in China, it is probably because it also has a Chinese investor. May 7, Evernote has accepted the lead investor in the $ 70 million investment by the China Broadband Capital (CBC Capital).

and Libin, won praise Jobs the social magazine application Flipboard CEO Mike Maikekuyi, (Mike McCue,) first came to China.

but the first step in only 50 teams have made the Chinese market as a Flipboard international market, has been Sina microblogging and social media, everyone expand the contents of cooperation.

six months ago, Flipboard into the iPad App Store iPhone Chinese version of the application, released a month ago, although it is not announced to the downloads, but such a short time, several days users in China downloads better than the U.S. market,

he said, Flipboard will soon launch the Android version, while the Chinese market has a huge Android user base will greatly help Flipboard accelerated the growth of the Android version of the user.

users in China have long been familiar with the

addition with China more than AU, curtain 1000 interactive mobile marketing, it has started exploration of the game around. Rovio China, general manager Chen Po told reporters, Rovio, set up in Beijing and Shanghai in early July, the official

the globalization to promote the channel.

Analysys International analyst Sun Peilin also agree with this statement. relatively larger, the higher the threshold for the user.

fruit ninja game developers Halfbrick CEO Shainiel Deo, fruit Ninja in the utilization rate of the Apple mobile phone users in China is the highest, but the profit is not very high. fruit ninja Shainiel Deo, is optimistic that compared to the cottage, good experience behind in the game have a lot of people hard development process, smart user can feel the difference between the different products.

Libin has a similar view. However, the Chinese localization of competitors is more powerful, such as Netease Road cloud notes, grand wheat library Notepad. Do a better product. To enter the Chinese market means that the Flipboard cooperation advantage of Facebook, Twitter and many U.S. publishers to zero in the U.S. market with the need to re-create content cooperation, and learn about the reading habits of users in China. He said: problem. The Flipboard practice by advertising revenue. While Libin think, as long as the services provided are abundant and easy to use, there will be users in China are willing to pay.

but he quickly changed the subject, and that money is long-term thing,

confidence but these overseas APP can ultimately successful foothold in the Chinese market, and still want to make a question mark.

the Libin

the idea is very optimistic, experience, one day there will be a foreign enterprise to succeed in China. : iOS Gold Rush or the end of the Apple iOS platform to trigger application of the

Since last year ‘s first Android 4.0 smartphone Galaxy the Nexus , has been released and listed a variety of Android 4.0 new machine , while the previously released Android smartphone are starting to get the official Android 4.0 upgrade . Today, the flagship Android smartphone Samsung GALAXY Note ( parameters offer the forum software) also began the official system upgrade .

Samsung Galaxy Note to begin the upgrade to Android 4.0

Samsung’s previously announced upgrade program shows that Samsung Galaxy Note will be the second quarter of this year to upgrade to the latest Android 4.0 version , the latest reports from foreign media , part of the Galaxy Note The user has received the official system upgrade prompt , but Samsung has not released official upgrade announcement , expected the near future there will be more users access to Android 4.0 official upgrade .

Samsung Galaxy Note is a flagship smartphone, the Samsung introduced last year, very good hardware configuration , which uses 5.3 -inch touch screen, equipped with dual-core processor clocked at 1.4GHz , with 1GB of RAM , and 8 million pixel high – definition camera , and believe that users upgrade to Android 4.0 , will get even better handling experience .

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SAN May 14, informed sources, the concern of China Unicom (microblogging), Marketing and Sales merger integration is nearing the end of the merged marketing department will be 17, this will be one of the largest sector of China Unicom, also means the beginning of the reform of China Unicom market system.

merger of the two departments have at 17

Informed sources said last week issued a document, China Unicom announced the newly formed marketing department general manager and deputy general manager list.

of April 1, China Unicom, a new round of structural adjustment and replacement of department heads at that time, China Unicom announced that China Unicom merger of Marketing and Sales, and adjust the marketing department. network construction, product innovation and the Ministry of multiple departments and units, the main person in charge. Among them, the Alliance is responsible for the preparatory work of the new department.

the file is already clear, Zhou Alliance as marketing, general manager of China Unicom, the deputy general manager of marketing department a total of seven people, four people from the original marketing and sales, including Bei force of the former vice president of marketing money, Jiang Dajun, the former sales vice president Lee update; In addition, the conversion of former senior marketing manager of Du Yonghong vice president of marketing.

that

be transferred from the outside there are three people, including the deputy general manager Guo Jun, former deputy general manager of Unicom Huasheng library Wei, the former Chongqing Unicom original network construction of China Unicom vice president Liu Chao, these three The people have adjusted to the deputy general manager of China Unicom’s marketing department.

customers of the Group and the largest marketing

this reform, China Unicom, the business management of the market will be more concentrated, the marketing department will also become China Unicom’s largest department a.

At present, China Unicom, the largest sector of the Ministry for the customers of the Group, which is mainly because the Ministry of customers of the Group for the government and enterprise customers to do direct marketing; will be the marketing department, and the remaining large department and the Ministry of Information was once up to 13 place; by the merger of two departments integrated Ministry and the Ministry of Finance also has 12, three offices, large-scale.

In contrast, China Unicom, many departments only three or four of the small number. Unicom Group’s customers and marketing departments of the scale, highlights the importance of Unicom on the front-end marketing department.

In addition, the headquarters of China Unicom has set up a market operation monitoring center to monitor and manage the status of implementation of market operators. According to the documents issued by China Unicom, the duties of the market operation monitoring center problems or potential risks operational monitoring, problem analysis, and supervision of rectification, the results of feedback, the strategy proposes the whole process of management

It is understood that the agency with the same level of China Unicom marketing and other departments, has three offices, information technology vice president, general manager of the former Unicom Lilian Xiang served. (JUVENILE)

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a registered Taobao shop, business is booming, and the monthly trading volume of more than 10 million. Police investigations revealed that the products sold in this shop on the surface of the tea and dry, in fact, is a business through a variety of Recently, Nanjing Lishui Police successfully tackled this have a significant impact in the national Bird arrest.

March last year, Nanjing Lishui County Tobacco Monopoly Bureau, law enforcement officers found during the inspections have three simulation of counterfeit cigarettes in a store, the owner reflects the cigarette is a name for the 666 smoke shop buy. Police immediately involved in the investigation and found that 666 smoke shop operators since January 2009, Taobao is opening this shop, show that on the sale of tea, dry, in fact, by QQ with black words and people to do business, sales of fake cigarettes. Amoy treasure monthly sales turnover of more than ten million, the cumulative sales of more than 200 million.

police investigation found that this shop start-up through the false identity to purchase another three online domain name are Chinese cigarettes, Hongxing cigarettes popular cigarettes network. Four sites of a similar cigarette types, advertisements, site content from the point of view, the four sites from the hands of the same person. Police and it took eight months, was removed around the country, arrested the suspect, Lee, Lumou, road, Kang and other people. However, these people confessed that they are online and on-line

March this year, the police identify the Here is the main origin of counterfeit cigarettes in the country, the locals very alert to strangers. Local household residents of the home are all look exactly the same four-storey house, a next one, no building, the middle of only two meters wide alley passage. Into the village like into the maze. Plainclothes secret police visited dozens of villages and Jin Qianhu investigation, police finally Tangmou caught. All suspects per capita had been arrested.

correspondent Tang Ya Yangzi Evening News reporter Jiao Zhe

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Internet search system for counterfeit drugs

Dongguan cracked the case of manufacturing and selling counterfeit 3 ​​people XingJu, counterfeit drugs flow of around pharmacies and health stations

Yangcheng Evening News, Dongguan, News Reporter Huang Xuan, Huang Liang, Xie Ying, correspondent reports: a gang in Dongguan to online drug formulations, the preparation of proprietary Chinese medicine treatment of pain and cough in the rental and false advertising to attract tourists, played on the site, then by courier responsible for delivery and collection of money, three million of its manufacturing counterfeit flows to the country’s 1186 pharmacies and health stations. Currently, public security departments seized counterfeit sale terminals surviving 3 people XingJu.

the 25th province The initial discovery of the manufacturing and selling counterfeit drugs dens in February 17 this year. Special inventory action in the Proprietary Chinese medicines, seized a number of the treatment of pain and cough meter finished 8087 bottles, a thousand bottles of semi-finished products.

seized drugs total of eight kinds of effects bone pain rather compound cough king bone Technocon, bone strong Kang, g Chuanling, bone combo, cough capsule, health asthma Ling Capsule. After verification, the gang produced three million counterfeit and was made in the drug production licenses and the drug approval number.

counterfeit dens located in Dongguan Yu Ning Industrial Zone, Fu Hing 329 rental building its own set of business practices. Gang members on the network and find the formulation of related drugs, act as a Then, through the network, low-cost purchase of bottles, packaging and instructions, in the hands of the workshop packaging. Also forged official seals, certificates, and various types of approvals of the relevant departments, or impurities. As for the source channels, mainly through three websites published in the false advertising marketing.

purchased among customers, both individual consumers, but also around the pharmacy. Orders the gang to find a courier company sent to the designated location for collection of money by the latter. Before and after five courier companies to invoice for 635,300 yuan.

its production of counterfeit drugs flow to the country’s 1186 pharmacies and health stations, which are sold in Dongguan 325, 785 pharmacies sold to other cities of Guangdong province, province 63. The public security department immediately initiate action to trace the sales channels, and confiscated all sale terminals surviving the counterfeit. In addition, further recourse to the source of counterfeit drugs, especially the specific circumstances of the counterfeit criminal networks and the production chain. In the seizure process, the Action Team seized drug packaging labels and instructions 48000 box of two million, as well as thermal coders, electromagnetic induction sealing machine.

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