FORM 6-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 


 

REPORT OF FOREIGN PRIVATE ISSUER

 

Pursuant to Section 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of November 2014

 

001-35157

(Commission File Number)

 


 

JIAYUAN.COM INTERNATIONAL LTD.

(Translation of registrant’s name into English)

 

F/15, Anhua Development Building

No. 35 Anding Road

Chaoyang District, Beijing

The People’s Republic of China

(8610) 6113-6312

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F x         Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by regulation S-T Rule 101(b)(1); o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by regulation S-T Rule 101(b)(7); o

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes o No x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-          .

 

 

 



 

On November 20, 2014 and November 24, 2014, Jiayuan.com International Ltd. issued the press releases furnished as exhibits to this report.

 

2


 

 

 


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

JIAYUAN.COM INTERNATIONAL LTD.

 

 

 

By:

/s/ Shang-Hsiu Koo

 

Name:

Shang-Hsiu Koo

 

Title:

Chief Financial Officer

 

Date:  November 24, 2014

 

3



 

EXHIBIT INDEX

 

Exhibit Number

 

Description

 

 

 

99.1

 

Jiayuan Announces Third Quarter 2014 Financial Results

99.2

 

Jiayuan to Hold Annual General Meeting on December 15, 2014

 

4




Exhibit 99.1

 

 

Jiayuan Announces Third Quarter 2014 Financial Results

 

BEIJING, China, November 20, 2014 — Jiayuan.com International Ltd. (“Jiayuan” or the “Company”) (NASDAQ: DATE), operator of the largest online dating platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2014.

 

Third Quarter 2014 Highlights1

 

·                      Net revenues for the third quarter 2014 were RMB161.6 million (US$26.3 million), representing a year-over-year increase of 25.5% and a sequential increase of 11.2%.

 

·                      Operating income for the third quarter 2014 was RMB305,000 (US$51,000), compared to RMB14.4 million for the corresponding quarter of 2013, and RMB8.1 million for the previous quarter. Excluding share-based compensation, non-GAAP2 operating income for the third quarter 2014 was RMB2.2 million (US$354,000), compared to non-GAAP operating income of RMB16.9 million for the corresponding quarter of 2013, and RMB9.6 million for the previous quarter.

 

·                      Net income for the third quarter 2014 was RMB2.9 million (US$473,000), compared to RMB17.6 million for the corresponding quarter of 2013, and RMB11.9 million for the previous quarter. Excluding share-based compensation, non-GAAP net income for the third quarter of 2014 was RMB4.8 million (US$776,000), compared to RMB20.2 million for the corresponding quarter of 2013, and RMB13.4 million for the previous quarter.

 

·                       Average monthly active user accounts3 reached a record high 6.2 million, a 13.6% increase from the corresponding period of 2013.

 

·                       Average monthly paying user accounts4 were 1.5 million, an 11.3% increase from the corresponding period of 2013.

 

“I am pleased to report a stronger than expected performance as our business continued to pick up momentum across the board with revenues increasing 25.5% year-over-year,” commented Mr. Linguang Wu, Chief Executive Officer of Jiayuan. “Personalized matchmaking services had another stellar quarter, increasing 258.8% from the same period last year as we take advantage of our dominance online to expand offline. Active users continued to grow reaching a record high 6.2 million during the quarter.”

 

Mr. Wu added, “Our business is increasingly shifting towards mobile with mobile log-ins accounting for 70% of all log-ins during the third quarter of 2014. With this in mind, we have been redesigning our products to make them more mobile friendly and will re-launch them next month. Our redesigned mobile products are expected to attract new users and increase user retention rates and stickiness on our platform.”

 

Mr. Shang Koo, Chief Financial Officer of Jiayuan, commented, “Our business performed very well, beating expectations as we accelerated the ramp-up of our personalized matchmaking business. In the third quarter, we focused on investing in our mobile offerings and consolidating the personalized matchmaking market, which slowed online monetization during the quarter, a trend we expect to continue during the fourth quarter. However, personalized matchmaking services are picking up the monetization slack as we expect triple digit growth from this segment to continue well into 2015.”

 


1 This announcement contains translations of certain Renminbi (“RMB”) amounts into U.S. dollar (“US$”) amounts at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB amounts into US$ amounts as of and for the quarter ended September 30, 2014, were made at an exchange rate of RMB6.1380 to US$1.00, representing the rate as certified by the H.10 weekly statistical release of the Federal Reserve Board on September 30, 2014. Jiayuan’s functional currency is U.S. dollar and reporting currency is RMB.

2  Explanation of Jiayuan’s non-GAAP financial measures and related reconciliations to GAAP financial measures are included in the accompanying “Non-GAAP Financial Measures” and “Reconciliations to Unaudited Condensed Consolidated Statements of Comprehensive Income”.

3  Active user accounts are registered user accounts through which registered users have logged in to the Jiayuan platforms at least once within a calendar month, in the case of user accounts registered in prior months, or on at least two separate days within a calendar month, including the day of completion of the registration process, in the case of user accounts newly registered in the calendar month. In the third quarter of 2014, average monthly active user accounts include active user accounts with Jiayuan.com, izhenxin.com, juedui100.com and qiuai.com.

4  In the third quarter of 2014, average monthly paying user accounts include paying user accounts with Jiayuan.com, izhenxin.com, juedui100.com and qiuai.com.

 



 

Third Quarter 2014 Operational Results

 

The number of average monthly active user accounts for the third quarter 2014 was 6,168,616, an increase of 13.6% from 5,428,336 in the corresponding period of 2013 and an increase of 8.2% from 5,701,360 for the previous quarter.

 

The number of average monthly paying user accounts for the third quarter 2014 was 1,522,838, an increase of 11.3% from 1,368,726 in the corresponding period of 2013 and a decrease of 1.2% from 1,542,062 for the previous quarter.

 

Average monthly revenue per paying user (“ARPU”) for online services for the third quarter 2014 was RMB22.1, compared to RMB25.5 for the corresponding period in 2013 and RMB22.5 for the previous quarter.

 

Third Quarter 2014 Financial Results

 

Jiayuan reported net revenues of RMB161.6 million (US$26.3 million) for the third quarter of 2014, representing a year-over-year increase of 25.5% from RMB128.7 million and an increase of 11.2% from RMB145.2 million in the previous quarter. This was primarily due to strong growth of personalized matchmaking services.

 

·                      Online services contributed RMB106.5 million (US$17.4 million), or 66.0% of net revenues for the third quarter of 2014, compared to RMB108.3 million for the corresponding period of 2013 and RMB106.4 million for the previous quarter. The year-over-year decrease was mainly attributable to the decline in ARPU as the Company shifts its product offerings toward mobile-based platforms.

 

·                     Personalized matchmaking services, contributed RMB49.5 million (US$8.1 million), or 30.6% of net revenues during the third quarter of 2014, representing a year-over-year increase of 258.8% from RMB13.8 million, and a quarter-over-quarter increase of 51.4% from RMB32.7 million. The year-over-year and sequential increases were a result of the expanded number of service locations and cities in which the Company offers personalized matchmaking services, as well as sales growth of existing service locations.

 

·                      Events and others contributed RMB5.5 million (US$904,000), or 3.4% of net revenues during the third quarter of 2014, compared to RMB6.6 million for the corresponding period of 2013, and RMB6.1 million for the previous quarter. The year-over-year decrease was primarily due to the decline in the number of the Company’s events and advertisements placed on the Company’s website.

 

Cost of revenues for the third quarter of 2014 was RMB74.5 million (US$12.1 million), representing a year-over-year increase of 62.3% from RMB45.9 million and an increase of 17.7% from RMB63.3 million for the previous quarter. The year-over-year and sequential increase were primarily due to the expansion of personalized matchmaking services, which increased the commissions paid to the Company’s matchmakers and matchmaking partners.

 



 

Gross profit for the third quarter of 2014 was RMB87.1 million (US$14.2 million), representing a year-over-year increase of 5.1% from RMB82.8 million and an increase of 6.3% from RMB81.9 million for the previous quarter.

 

Selling and marketing expenses were RMB64.9 million (US$10.6 million) for the third quarter of 2014, representing a year-over-year increase of 28.1% from RMB50.7 million and an increase of 17.0% from RMB55.5 million for the previous quarter. The year-over-year and sequential increase were primarily related to a special marketing campaign for Chinese Valentine’s Day in August.

 

General and administrative expenses were RMB15.9 million (US$2.6 million) for the third quarter of 2014, representing a 27.0% year-over-year increase from RMB12.5 million and an increase of 19.0% from RMB13.4 million for the previous quarter. The year-over-year increase was primarily due to increases in human resource costs.

 

Research and development expenses were RMB5.9 million (US$964,000) for the third quarter of 2014, representing a year-over-year increase of 12.8% from RMB5.2 million, and a 19.0% increase from RMB5.0 million for the previous quarter. The year-over-year and sequential increases were primarily due to the expansion of the Company’s R&D team in line with its segmentation strategy and continuous focus on improving user experience.

 

Operating income for the third quarter of 2014 was RMB305,000 (US$51,000), compared to RMB14.4 million for the corresponding quarter of 2013, and RMB8.1 million for the previous quarter. Excluding share-based compensation expenses, non-GAAP operating income for the third quarter of 2014 was RMB2.2 million (US$0.4 million), compared to non-GAAP operating income of RMB16.9 million for the corresponding quarter of 2013 and RMB9.6 million for the previous quarter. The year-over-year and sequential decrease were primarily due to higher selling and marketing expenses in line with the Company’s strategy to further enhance brand awareness in 2014.

 

Foreign currency exchange net loss for the third quarter of 2014 was RMB172,000 (US$28,000), compared to a foreign currency exchange net gain of RMB509,000 for the corresponding quarter of 2013 and a foreign currency exchange net loss of RMB156,000 for the previous quarter. The foreign currency exchange net loss for the third quarter of 2014 was mainly attributable to RMB depreciation against the U.S. dollar during the period. Part of the proceeds from Jiayuan’s IPO were converted into RMB and are being held by its overseas entities whose functional currency is the U.S. dollar.

 

Net income for the third quarter of 2014 was RMB2.9 million (US$473,000), compared to RMB17.6 million for the corresponding quarter of 2013 and RMB11.9 million for the previous quarter. Excluding share-based compensation expenses, non-GAAP net income for the third quarter of 2014 was RMB4.8 million (US$776,000), compared to RMB20.2 million for the corresponding quarter of 2013 and RMB13.4 million for the previous quarter.

 

Basic and diluted net income per ADS5 for the third quarter of 2014 were RMB0.10 (US$0.02) and RMB0.10 (US$0.02), respectively, compared to basic and diluted net income per ADS of RMB0.59 and RMB0.57 for the corresponding quarter of 2013 and basic and diluted net income per ADS of RMB0.40 and RMB0.39, respectively, for the second quarter of 2014.

 

Excluding share-based compensation expenses, non-GAAP basic and diluted net income per ADS for the third quarter of 2014 were RMB0.16 (US$0.03) and RMB0.16 (US$0.03), respectively, compared to non-GAAP basic and diluted net income per ADS of RMB0.67 and RMB0.66 for the corresponding quarter of 2013 and non-GAAP basic and diluted net income per ADS of RMB0.45and RMB0.44, respectively, for the second quarter of 2014.

 


5  Basic and diluted net income per ADS are calculated based on net income attributable to ordinary shareholders and the corresponding basic and diluted number of ADSs, assuming that, during each period presented, every two ADSs represent three ordinary shares of Jiayuan.

 



 

As of September 30, 2014, Jiayuan had cash and cash equivalents and short-term deposits of RMB554.7 million (US$90.4 million). Cash flows from operating activities for the third quarter of 2014 were RMB19.0 million (US$3.1 million).

 

The weighted average number of ADSs outstanding used in calculating diluted net income per ADS and non-GAAP diluted net income per ADS in the third quarter of 2014 was 29.9 million. As of September 30, 2014, the Company had 33.3 million ADSs outstanding, including 0.5 million ADSs issued to the depository for future exercise of options.

 

Fourth Quarter 2014 Outlook

 

Jiayuan currently expects to generate net revenues in the range of RMB162 million to RMB164 million for the fourth quarter of 2014. This forecast reflects Jiayuan’s current and preliminary view, which is subject to change.

 

Conference Call Information

 

Jiayuan’s management will host a conference call to discuss its results and outlook today, November 20, 2014, at 8:00 a.m. U.S. Eastern Time (9:00 p.m. November 20, 2014 Beijing / Hong Kong Time).

 

Dial-in details for the earnings conference call are as follows:

 

·

United States:

+1-845-6750-438

·

United States (Toll-free):

+1-855-5008-701

·

Hong Kong:

+852-3018-6776

·

China:

400-1200-654

·

International/All other regions:

+65-6723-9385

 

Passcode:

33925398

 

A replay of the conference call may be accessed by phone at the following number until November 27, 2014:

 

International:

+61-2-9003-4211

 

 

Passcode:

33925398

 

A live and archived webcast of the conference call will be available at http://ir.jiayuan.com.

 

About Jiayuan

 

Jiayuan.com International Ltd. (“Jiayuan”) (NASDAQ: DATE) operates the largest online dating platform in China. Jiayuan is committed to providing a trusted, effective, and user-focused online dating platform that addresses the dating and marriage needs of China’s rapidly growing urban singles population. As a pioneer in China’s online dating market, Jiayuan ranks first in terms of number of unique visitors, average time spent per user and average page views per user among all online dating websites in China in 2013, according to iResearch. Jiayuan recorded an average of 6.2 million monthly active user accounts in the third quarter of 2014. Every two of Jiayuan’s American Depositary Shares represent three ordinary shares.

 

For more information, please visit http://ir.jiayuan.com.

 



 

Forward-Looking Statements

 

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Jiayuan may also make written or verbal forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in verbal statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our growth strategies; our future business development, including development of new products and services; our ability to attract and retain users; competition in the Chinese online dating markets; changes in our revenues and certain cost or expense items as a percentage of our revenues; the outcome of any litigation or arbitration; the expected growth of the number of Internet and broadband users in China; Chinese governmental policies relating to the Internet and online dating websites and general economic conditions in China and elsewhere. Further information regarding these and other risks is included in our documents filed with the U.S. Securities and Exchange Commission. Jiayuan does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of the date of the press release, and Jiayuan undertakes no duty to update such information, except as required under applicable law.

 

Non-GAAP Financial Measures

 

We disclose non-GAAP financial measures of operating income, net income and net income per ADS, each of which is adjusted to exclude share-based compensation expense. We review non-GAAP financial measures to obtain an additional understanding of our operating performance. We also believe it is useful supplemental information for investors and analysts to assess our operating performance without the effect of non-cash share-based compensation expense, which have been and will continue to be significant recurring expenses in our business. For a reconciliation of each of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see “Reconciliation to Unaudited Condensed Consolidated Statement of Comprehensive Income” included in this press release.

 

However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that it does not include all items that impact our non-GAAP financial measures during the period. In addition, because non-GAAP financial measures are not calculated in the same manner by all companies, it may not be comparable to other similar titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measures in isolation from or as an alternative to GAAP financial measures. Management compensates for this limitation by providing specific information regarding the GAAP amount excluded from the non-GAAP measure.

 



 

For investor and media inquiries, please contact:

 

China

 

Shirley Zhang

Jiayuan.com International Ltd.

+86 (10) 6442-2321

ir@jiayuan.com

 

Mr. Christian Arnell

Christensen Investor Relations Group

+86-10-5900-1548

carnell@christensenir.com

 

US

 

Ms. Linda Bergkamp

Christensen Investor Relations Group

+1-480-614-3004

Email: lbergkamp@Christensenir.com

 



 

JIAYUAN.COM INTERNATIONAL LTD.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(IN THOUSANDS)

 

 

 

September 30,

 

June 30,

 

September 30,

 

 

 

2013

 

2014

 

2014

 

2014

 

 

 

RMB

 

RMB

 

RMB

 

US$

 

ASSETS

 

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

233,412

 

373,131

 

242,680

 

39,537

 

Short-term deposits

 

307,980

 

168,000

 

312,000

 

50,831

 

Available-for-sale securities

 

5,175

 

15,355

 

15,538

 

2,531

 

Accounts receivable, net

 

39,942

 

35,340

 

34,958

 

5,695

 

Deferred tax assets

 

3,729

 

8,104

 

8,457

 

1,378

 

Prepaid expenses and other current assets

 

19,419

 

54,505

 

63,371

 

10,324

 

Total current assets

 

609,657

 

654,435

 

677,004

 

110,296

 

Non-current assets:

 

 

 

 

 

 

 

 

 

Property and equipment, net

 

102,417

 

94,919

 

93,703

 

15,266

 

Intangible assets, net

 

4,129

 

3,943

 

3,776

 

615

 

Goodwill

 

789

 

789

 

789

 

129

 

Other non-current assets

 

 

762

 

1,047

 

171

 

Total assets

 

716,992

 

754,848

 

776,319

 

126,477

 

 

 

 

 

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

 

Deferred revenue, current portion

 

123,335

 

177,949

 

194,792

 

31,735

 

Accounts payable

 

201

 

18,308

 

18,118

 

2,952

 

Accrued expenses and other current liabilities

 

32,821

 

44,153

 

44,282

 

7,214

 

Income tax payable

 

22,613

 

17,365

 

19,363

 

3,155

 

Dividend payable

 

 

 

125,680

 

20,476

 

Total current liabilities

 

178,970

 

257,775

 

402,235

 

65,532

 

Non-current liabilities:

 

 

 

 

 

 

 

 

 

Deferred revenue, non-current portion

 

1,033

 

5

 

3

 

 

Accrued expenses and other current liabilities, non-current portion

 

 

5,550

 

6,290

 

1,025

 

Deferred tax liabilities

 

2,999

 

4,716

 

5,017

 

817

 

Total liabilities

 

183,002

 

268,046

 

413,545

 

67,374

 

 

 

 

 

 

 

 

 

 

 

SHAREHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

 

Ordinary shares

 

349

 

352

 

352

 

57

 

Additional paid-in capital

 

505,845

 

472,850

 

349,049

 

56,867

 

Less: Treasury shares

 

(72,864

)

(110,018

)

(113,138

)

(18,432

)

Statutory reserves

 

9,502

 

9,974

 

9,974

 

1,625

 

Retained earnings

 

101,817

 

124,342

 

127,242

 

20,730

 

Accumulated other comprehensive loss

 

(10,659

)

(10,698

)

(10,705

)

(1,744

)

Total shareholders’ equity

 

533,990

 

486,802

 

362,774

 

59,103

 

 

 

 

 

 

 

 

 

 

 

Total liabilities and shareholders’ equity

 

716,992

 

754,848

 

776,319

 

126,477

 

 



 

JIAYUAN.COM INTERNATIONAL LTD.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA)

 

 

 

Three months ended,

 

 

 

September 30, 2013

 

June 30, 2014

 

September 30, 2014

 

 

 

RMB

 

RMB

 

RMB

 

US$

 

Net revenues

 

128,729

 

145,246

 

161,575

 

26,324

 

Cost of revenues

 

(45,894

)

(63,308

)

(74,508

)

(12,138

)

 

 

 

 

 

 

 

 

 

 

Gross profit

 

82,835

 

81,938

 

87,067

 

14,186

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

Selling and marketing expenses

 

(50,689

)

(55,491

)

(64,923

)

(10,577

)

General and administrative expenses

 

(12,538

)

(13,377

)

(15,925

)

(2,594

)

Research and development expenses

 

(5,245

)

(4,968

)

(5,914

)

(964

)

Total operating expenses

 

(68,472

)

(73,836

)

(86,762

)

(14,135

)

 

 

 

 

 

 

 

 

 

 

Operating income

 

14,363

 

8,102

 

305

 

51

 

 

 

 

 

 

 

 

 

 

 

Interest income, net

 

3,061

 

4,586

 

4,783

 

779

 

Foreign currency exchange gain/(loss), net

 

509

 

(156

)

(172

)

(28

)

Other income/(expenses), net

 

3,888

 

2,494

 

(103

)

(17

)

Income before income tax

 

21,821

 

15,026

 

4,813

 

785

 

Income tax expenses

 

(4,183

)

(3,134

)

(1,913

)

(312

)

 

 

 

 

 

 

 

 

 

 

Net income

 

17,638

 

11,892

 

2,900

 

473

 

 

 

 

 

 

 

 

 

 

 

Net income per ADS — Basic

 

0.59

 

0.40

 

0.10

 

0.02

 

Net income per ADS — Diluted

 

0.57

 

0.39

 

0.10

 

0.02

 

 

 

 

 

 

 

 

 

 

 

ADSs used in computing basic net income per ADS

 

30,022,164

 

29,773,717

 

29,443,179

 

29,443,179

 

ADSs used in computing diluted net income per ADS

 

30,757,601

 

30,193,159

 

29,881,508

 

29,881,508

 

 



 

JIAYUAN.COM INTERNATIONAL LTD.

RECONCILIATIONS TO UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(IN RMB THOUSANDS, EXCEPT SHARE AND PER SHARE DATA)

 

 

 

Three Months Ended September 30, 2013

 

Three Months Ended June 30, 2014

 

Three Months Ended September 30,2014

 

 

 

GAAP

 

Non-GAAP
Adjustments(a)

 

Non-GAAP

 

GAAP

 

Non-GAAP
Adjustments(a)

 

Non-GAAP

 

GAAP

 

Non-GAAP
Adjustments(a)

 

Non-GAAP

 

Operating income

 

14,363

 

2,566

 

16,929

 

8,102

 

1,475

 

9,577

 

305

 

1,861

 

2,166

 

Net income

 

17,638

 

2,566

 

20,204

 

11,892

 

1,475

 

13,367

 

2,900

 

1,861

 

4,761

 

Basic net income per ADS

 

0.59

 

 

 

0.67

 

0.40

 

 

 

0.45

 

0.10

 

 

 

0.16

 

Diluted net income per ADS

 

0.57

 

 

 

0.66

 

0.39

 

 

 

0.44

 

0.10

 

 

 

0.16

 

ADSs used in computing basic net income per ADS

 

30,022,164

 

 

 

30,022,164

 

29,773,717

 

 

 

29,773,717

 

29,443,179

 

 

 

29,443,179

 

ADSs used in computing diluted net income per ADS

 

30,757,601

 

 

 

30,757,601

 

30,193,159

 

 

 

30,193,159

 

29,881,508

 

 

 

29,881,508

 

 


Note:

(a)         To adjust for share-based compensation expense.

 

9




Exhibit 99.2

 

Jiayuan to Hold Annual General Meeting on December 15, 2014

 

BEIJING, China, November 24, 2014 — Jiayuan.com International Ltd. (“Jiayuan” or the “Company”) (NASDAQ: DATE), operator of the largest online dating platform in China, today announced that it will hold its annual general meeting of shareholders (“AGM”) at 10am on December 15, 2014, Beijing / Hong Kong Time at 22/F, Bank of China Tower, 1 Garden Road, Hong Kong.

 

No proposal will be submitted for shareholder approval at the AGM. Instead, the AGM will serve as an open forum for shareholders and beneficial owners of the Company’s American Depositary Shares (“ADSs”) to discuss Company affairs with management.

 

Holders of record of ordinary shares of the Company at the close of business on November 20, 2014 are entitled to attend the annual general meeting or any adjournment or postponement thereof. Beneficial owners of the Company’s ADSs are also welcome to attend the AGM in person.

 

The notice of the annual general meeting of shareholders is available through the AGM link on the Company’s Website at http://ir.jiayuan.com. Jiayuan has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2013, with the U.S. Securities and Exchange Commission.  Jiayuan’s Form 20-F can be accessed on the “SEC Filings” section of the Company’s Website at http://ir.jiayuan.com as well as on the SEC’s website at http://www.sec.gov.  Shareholders may also obtain a hard copy of the Company’s annual report on Form 20-F, free of charge, by writing to Shirley Zhang, Investor Relations Associate Director, Jiayuan.com International Ltd., 15/F, Anhua Development Building, No. 35 Anding Road, Chaoyang District, Beijing, the People’s Republic of China, or by email to ir@jiayuan.com.

 

About Jiayuan

 

Jiayuan.com International Ltd. (“Jiayuan”) (NASDAQ: DATE) operates the largest online dating platform in China. Jiayuan is committed to providing a trusted, effective, and user-focused online dating platform that addresses the dating and marriage needs of China’s rapidly growing urban singles population. As a pioneer in China’s online dating market, Jiayuan ranks first in terms of number of unique visitors, average time spent per user and average page views per user among all online dating websites in China in 2013, according to iResearch. Jiayuan recorded an average of 6.2 million monthly active user accounts in the third quarter of 2014. Every two of Jiayuan’s American Depositary Shares represent three ordinary shares.

 

For more information, please visit http://ir.jiayuan.com.

 

Forward-Looking Statements

 

This press release contains forward-looking statements. These statements are made under

 



 

the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Jiayuan may also make written or verbal forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in verbal statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our growth strategies; our future business development, including development of new products and services; our ability to attract and retain users; competition in the Chinese online dating markets; changes in our revenues and certain cost or expense items as a percentage of our revenues; the outcome of any litigation or arbitration; the expected growth of the number of Internet and broadband users in China; Chinese governmental policies relating to the Internet and online dating websites and general economic conditions in China and elsewhere. Further information regarding these and other risks is included in our documents filed with the U.S. Securities and Exchange Commission. Jiayuan does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of the date of the press release, and Jiayuan undertakes no duty to update such information, except as required under applicable law.

 

For investor and media inquiries, please contact:

 

Beijing

 

Shirley Zhang

Jiayuan.com International Ltd.

+86 (10) 6442-2321

ir@jiayuan.com

 

Mr. Christian Arnell

Christensen Investor Relations Group

+86-10-5900-1548

carnell@christensenir.com

 

US

 

Ms. Linda Bergkamp

Christensen Investor Relations Group

+1-480-614-3004
Email: lbergkamp@Christensenir.com

 


Jiayuan.Com International Ltd. ADS (MM) (NASDAQ:DATE)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Jiayuan.Com International Ltd. ADS (MM) Charts.
Jiayuan.Com International Ltd. ADS (MM) (NASDAQ:DATE)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Jiayuan.Com International Ltd. ADS (MM) Charts.