BEIJING, Aug. 10, 2017 /PRNewswire/ -- Zhaopin Limited
(NYSE: ZPIN) ("Zhaopin" or the "Company"), a leading career
platform1 in
China focused on connecting users
with relevant job opportunities throughout their career lifecycle,
kicked off the nomination process for the annual "China's Best Employer Award" together with
Peking University Social Survey Research Center.
Launched in 2005, "China's Best
Employer Award" has become the most influential and prestigious
brand nomination event for both China-based and multinational employers. The
"Oscars" of the human resources industry in China, the award is both a valuable reference
for job seekers, and an important way for local and international
employers to measure themselves and their work environment against
the best in the industry. Last year more than 9,700 candidate
employers competed for the awards and over 28 million votes were
casted by employees nationwide.
"Over the 13 years of hosting China's Best Employer Award, we have
introduced 'employer brand' to China and identified and analyzed major trends
in China's labor market," said Mr.
Evan Guo, Chief Executive Officer
and Director of Zhaopin. "With the emergence of new employment
relationships in China, we defined
the 'new employer economy' in 2015. The new employer economy has
been evolving, driven by the Internet, cloud computing, Big Data
and artificial intelligence. For this year's award, we will explore
the new employer economy in the digital era."
China's Best Employer Award
2017 will include: China's Best
Employer Nationwide TOP 100, China's Best Employer Nationwide TOP 30, China's Best Employer for University Students,
China's Best Employer for Female
Employees, China's Most Socially
Responsible Employer, China's Most
Aspiring Employers, China's Most
Intellectually Spirited Employer, China's Best Employers in Cities, and
China's Most Aspiring Employers in
Cities.
UN Women will collaborate with Zhaopin on "China's Best Employer for Female Employees"
this year. UN Women will integrate the Women's Empowerment
Principles (WEPs) into the award selection criteria.
Employers, both China-based
companies and multinational companies with China operations, can apply for the award by
registration through best.zhaopin.com or ir@zhaopin.com.cn until
August 31, 2017. China's Best Employer Nationwide TOP 100 award
will be announced in September 2017.
A grand ceremony will be held in December
2017 to announce award winners.
The award selection is based on professional and fair evaluation
by the jury committee and public online voting by employees and job
seekers. The jury committee consists of academic professionals,
employment specialists, senior media reporters and third-party
consultants. The professional evaluation will focus on employer
image, management, salary and benefits, growth and training, work
environment and company culture. A jury team of 1,000 HR
professionals will review the nominations made by the public.
About Zhaopin Limited
Zhaopin is a leading career platform in China, focusing on connecting users with
relevant job opportunities throughout their career lifecycle. The
Company's zhaopin.com website is the most popular career platform
in China as measured by average
daily unique visitors in each of the 12 months ended March 31, 2017, number of registered users as of
March 31, 2017 and number of unique
customer2s for the three
months ended March 31, 2017. The
Company's over 135.0 million registered users include diverse and
educated job seekers who are at various stages of their careers and
are in demand by employers as a result of the general shortage of
skilled and educated workers in China. In the fiscal year ended June 30, 2016, approximately 36.9 million job
postings3 were placed on
Zhaopin's platform by 509,813 unique customers including
multinational corporations, small and medium-sized enterprises and
state-owned entities. The quality and quantity of Zhaopin's users
and the resumes in the Company's database attract an increasing
number of customers. This in turn leads to more users turning to
Zhaopin as their primary recruitment and career- related services
provider, creating strong network effects and significant entry
barriers for potential competitors. For more information, please
visit http://www.zhaopin.com.
Safe Harbor Statements
This press release contains forward-looking statements made
under the "safe harbor" provisions of Section 21E of the Securities
Exchange Act of 1934, as amended, and 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. Zhaopin may also
make written or oral forward-looking statements in its reports
filed with or furnished to the U.S. Securities and Exchange
Commission, in its annual report to shareholders, in press releases
and other written materials and in oral statements made by its
officers, directors or employees to third parties. Any statements
that are not historical facts, including statements about Zhaopin's
beliefs and expectations, are forward-looking statements that
involve factors, risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking
statements. Such factors and risks include, but not limited to the
following: Zhaopin's goals and strategies; its future business
development, financial condition and results of operations; its
ability to retain and grow its user and customer base for its
online career platform; the growth of, and trends in, the markets
for its services in China; the
demand for and market acceptance of its brand and services;
competition in its industry in China; its ability to maintain the network
infrastructure necessary to operate its website and mobile
applications; relevant government policies and regulations relating
to the corporate structure, business and industry; and its ability
to protect its users' information and adequately address privacy
concerns. Further information regarding these and other risks,
uncertainties or factors is included in the Company's filings with
the U.S. Securities and Exchange Commission. All information
provided in this press release is current as of the date of the
press release, and Zhaopin does not undertake any obligation to
update such information, except as required under applicable
law.
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1 Zhaopin's website is the most
popular career platform in China as measured by average daily
unique visitors in each of the 12 months ended March 31,
2017, the number of registered users as of March 31, 2017 and the
number of unique customers for the three months ended March
31, 2017.
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2 A "unique
customer" refers to a customer that purchases the Company's online
recruitment services during a specified period. Zhaopin makes
adjustments for multiple purchases by the same customer to avoid
double counting. Each customer is assigned a unique identification
number in the Company's information management system. Affiliates
and branches of a given customer may, under certain circumstances,
be counted as separate unique customers.
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3 Zhaopin
calculates the number of job postings by counting the number of
newly placed job postings during each respective period. Job
postings that were placed prior to a specified period - even if
available during such period - are not counted as job postings for
such period. Any particular job posting placed on the Company's
website may include more than one job opening or
position.
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For more information, please contact:
Zhaopin Limited
Ms. Daisy Wang
Investor Relations
ir@zhaopin.com.cn
ICR Beijing
Mr. Edmond Lococo
Phone: +86 10 6583-7510
Edmond.Lococo@icrinc.com
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SOURCE Zhaopin Limited