technology news Beijing time on June 10th evening news, Zhaopin yesterday submitted to the U.S. Securities and Exchange Commission (SEC) to update the prospectus said, recently with the recruitment website Jobs DB signed a stock repurchase agreement.

Jobs DB by SEEK international investment limited liability company (SEEK International Investments Pty Ltd) Holdings, which is the largest shareholder in Zhaopin, holding Zhaopin 79% of the shares in

according to the agreement, the recruitment will be at the price of US $15 million 720 thousand from Jobs DB acquired Jobs DB (Jobs DB China Investments Limited China Investment Co) 100% stake.

this Monday (June 9th), Zhaopin has acquired the amount of $15 million 720 thousand for the full payment to the Jobs DB.

Jobs DB recruitment website on-line in 1998, headquartered in Hongkong, the scope of services have been expanded to the mainland, India, Australia, China Indonesia, South Korea, Malaysia, Philippines, Singapore, Taiwan, China Thailand and the United States and other countries and regions. (Li Ming)

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