GNG.L Regulatory News (GNG)

20 October 2014 GEONG International Limited ("GEONG" or "the Company") AGM Statement At the AGM of GEONG International Limited (AIM: GNG), the AIM listed, Chinabased provider of enterprise content management ("ECM") software and solutions,to be held this morning, Henry Tse, Chairman of the Company, will make thefollowing statement: Since the completion of the financial year ended 31 March 2014, we havecontinued to focus on winning SaaS business. Since the start of the year wehave gained two new SaaS clients in the second tier of the banking sector: Bankof Hubei and Bank of Huaxia. On SaaS business for existing clients, we areproviding solutions for digital marketing, E-commerce and customer experiencemanagement. The Board sees significant opportunities for H2 and hope toannounce further contracts in due course. We have previously stated our intent to monitor trade receivables carefully andwith a focus on increasing collection. Steady progress has been made with thisand we expect that total trade receivables and accrued income at 30 September2014 to be slightly lower than at 31 March 2014. The cash collection for theperiod from 1 April to 30 September 2014 was around £3.8m which was in linewith our expectation. The Company had net cash (i.e after taking account of the £1.0 m of convertibleunsecured loan stock) of £2.7m as at 30 September 2014. The Company will provide a detailed interim trading update in mid November andexpects to announce interim results for the six months ending 30 September 2014in mid Jan 2015, which we expect to be in line with our expectations. For further information, please contact: GEONG International Limited www.geong.com Tel: +86 10 85869655Henry Tse, ChairmanWeidong Wang, CEODavid Tsui, CFO Nomad and Broker finnCap Tel: +44 (0) 20 7220 0500 Stuart Andrews Ben Thompson About GEONG International Limited GEONG is recognised as a leading independent Internet softwaresolutionsprovider and operator for large enterprises in China. Registered in Jersey, the Company's operations are headquartered inBeijing,China. GEONG International Ltd. (GEONG or the Company) has been quotedon theLondon Stock Exchange (LSE AIM: GNG.L) since June 2006. The Company hassincetransformed from an ECM (Enterprise Content Management) software andservicecentric business to an internet business centric company. GEONG is an internet solutions and service software company managed by aworldclass management and professional team who collectively own 26% ofthebusiness. The Company's mission is to help its clients to improvetheirbusiness efficiency and customer satisfaction through smarterinternetapplications.

For more information, please visit www.geong.com