WEEKLY REPORT

Li Pin

May 10-16, 2003

WEEKLY GOALS.
1. Monitor xiti and 888tests.
2. Continue work on Payment solutions.
3. EQ test translation.

I Marketing

Market news

1. China Mobile Hits Back At China Tel With Own Divert Service

HONG KONG -(Dow Jones)- China Mobile (Hong Kong) Ltd. (NYSE:CHL - News) confirmed Wednesday its Guangdong unit plans to introduce a service Saturday that will divert fixed-line calls to mobile phones without recipients being charged.

http://biz.yahoo.com/djus/030514/0924001000_1.html

QUALCOMM Congratulates China Unicom on Reaching 10 Million Subscriber Milestone

SAN DIEGO, May 15 /PRNewswire-FirstCall/ -- QUALCOMM Incorporated (Nasdaq: QCOM - News), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, extended congratulations to China Unicom (NYSE: CHU - News) following the Chinese mobile carrier's announcement that it is now supporting 10 million subscribers on its CDMA network.

3. Sina sees strong growth, despite SARS; shares rise

http://biz.yahoo.com/rc/030513/tech_sina_2.html

4. For the first Q, in the world, Total sold mobiles phones 106 million. it is higher than last year same period 15%. And Nokia and Motorola have less market share compare last year, and Samsung got increasing.

NO 1. Nokia     37.60 M, 35.4%
NO 2. Mototal            15.8%
NO 3. Samsung   13.20M, 12.4%

http://tech.sina.com.cn/it/t/2003-05-13/1455186371.shtml

SINA Announced the Appointment of Wang Yan, Formerly President of SINA, as its New CEO and Director of the Board

http://biz.yahoo.com/bw/030512/125390_1.html

Banner report

Week 19 banner report URL:

http://www.geocities.com/pinanxa/training/banners/banner19.html

II SALES

888tests.com
May 10-16

simplified:
IQ TESTS = 953
IQ TESTS finish = 733
IQ TESTs bought 6 YUAN= 0 (start march 12)
IQ TESTs with report bought 15 YUAN = 0(start march 12)
REPORTS IQ TESTs bought 12 YUAN = 0 (start march 12)
Total Sales: 0
Total Revenue: 0 YUAN

Traditional:
Free tests: 50273
Free tests finish: 37158
Reports: 37
Tests + Reports: 21
Total Sales: 58
Total Revenue: $173.42

III Product

Translated 4 pages EQ test this week.
Help Suzanne make 6 html pages of the old translation.
Discussed the new version that need user register, and we changed two character and some other errors.
Discussed the problems about the IQ TEST.

IV Special study

1. Study of Bank cards in China

Since this week I received two emails about two Chinese users can’t pay by their credit card, I got more information from them. Now I get the reason is because their credit card is not international credit card, which is only for national use.

This make me remember last week I have been read a article about the credit card in China, Since now there are over 400 Million bank card in China, but credit card just about 20 Million, and among them, the international credit card (Visa or Master) just 1 Million. This is the main reason that limited our payment solution in China.

So this make me think if we can find a payment solution not only limited in International credit card, but better also for Chinese national credit card or even all bank card. So I did this research.

First I checked The Industrial and Commercial Bank of China (ICBC). ICBC is the largest state owned commercial bank. Now their website did really nice and many new service there. Good news I find an easy way to pay by ICBC bank card.

They have a new service name personal Internet banking. I explain this here. If I am an ICBC bank card user (any ICBC bank card, credit or saving card), I can easily go to ICBC website register my bankcard. Then I will transfer my money from my account to any other ICBC account very easily just in seconds (in ICBC work time, If they already off work, the money will transfer on the next day morning, this also can transfer to other bank account just need more time).

This makes me think it may possible that we open an ICBC account or our partner opens an account only for our product. And even a user doesn’t have International credit card, but just if he has an ICBC saving card, he still can easily to finish the payment.

About all ICBC bank cards, as a reference, here is the URL: http://www.icbc.com.cn/e_icbcmodule/secondindex.jsp?column=Personal+Banking

And this is English version. Check bank card business, all card introduction there.

Second I checked China Construction Bank (CCB), and they also have the similar service as ICBC, just some complex than ICBC, example, if I am a CCB users, If I have account in CCB, I first register in their website, then I need go to their bank to confirmation, then I can transfer the money from my account to other account.

Third I checked Bank of China (BC), they don’t have this service, but they just have Internet payment by International credit card.

Forth I checked Agricultural Bank of China (ABC), but I can’t access to their website.

These are top Four Chinese commercial banks, So follow this, it can be a possible way of the payment solution that we have a account for each bank or our partner have account for each bank.

V CRM

Daily quality control: just this week there two days, it is hard to access the websites, and also find when you access question 2 from question 1, the time is not stop. But Sir Chris already solved it. I will monitor it.
Received a short plan email from iq188, and I already translated and send to you.
This week I received 11 emails, before we change the new version. Most complain why can’t access the report and payment solution, and after we change the new version, most complain the ticket they got is invalid.
This week I help Suzanne replied 4 emails.

VI Other Tasks

Make the weekly sales report.
Make the weekly support report.
Attend weekly Meeting.