[TABLE OFNTENTS PAGE PART I. FINANCIAL INFORMATION Item 1. Financial Statementsnsolidated Balance Sheets 1-2nsolidated Statements ofome andmprehensiveome 3-4nsolidated Statements ofsh Flows 5-6 Notes tonsolidated Financial Statements 7-37 Item 2. Managements Discussion and Analysis of Financialndition and Results of Operations 38-61 Item 3. Quantitative and Qualitative Disclosuresout Market Risk] [Laborntract Party A (Employer): Party B (Employee):te of Signing: 1 Party A: Rise King Century Technology Development (Beijing)dress: No.3 Min Zhuang Road, Building 6, Yu Quan Hui Gu Tuspark, Haidian District, Beijing. Legal Representative:ZHANG Zhige Party B:CHENG Handong (employee) Resident ID No.: 422201197101291310 Place of Household Registration: Xiaogan City, Hubei Province] [Laborntract Party A (Employer): Party B (Employee):te of Signing: 1 Party A: Rise King Century Technology Development (Beijing)dress: No.3 Min Zhuang Road, Building 6, Yu Quan Hui Gu Tuspark, Haidian District, Beijing. Legal Representative:ZHANG Zhige Party B:ZHANG Zhige (employee) Resident ID No.: 441722197410300075 Place of Household Registration: Shenzhen City, Guangdong Province] [Employmentntract Employmentntract nd This Employmentntract of Rise King Century Technology Development (Beijing) (thisntract) is entered into by and between the following parties of [May22 PartyA: Rise King Century Technology Development (Beijing)dress: Basement of Building 6, Yuquan Huigu Park, No. 3 Minzhuang Road HaidianDistrict, Beijing.] [Laborntract Party A (Employer): Party B (Employee):te of Signing: 1 Party A: ChinaNet Onlines, stdress:No.3 Min Zhuang Road, 1 Legal Representative:CHENG Handong Party B:HU Min (employee) Resident ID No.: 422201196912070023 Place of Household Registration: Xiaogan City, Hubei Provincentact Telephone No.: I. Term of thentract] [Party A:Rise King Century Technology Development (Beijing)dress:Building 6, Qinghuaience and Technology Yuquan Huigu Park 3 Minzhuang Road, Haidian District, Beijing Legal Representative: Party B:XU Honglite of Birth: _____, 1969 Resident IDrd No.: Resident registration:ntact Phone: Homedress: Postalde: Article ITerm of thentract] [Laborntract Party A:Shangji Online (Beijing) Network Technologydress:2nd Floor, Building 6, Yuquan Industry Huigu Park 3 Minzhuang Road, Haidian District, Beijing Legal Representative:CHENG Handong Party B:WU Li (Employee) Resident IDrd No.:422201197809031346 Resident registration:Kaocheng City, Hubei Provincentact Phone: Article I Term of thentract (1) 1.The two partiesree that the term of thisntract shall be based on] [CERTIFICATION I, Handong Cheng, certify that: 1.I have reviewed this Quarterly Report on Form 10-Q of ChinaNet Onlines,; 2.Based on my knowledge, this report does notntain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [CERTIFICATION I, Zhige Zhang certify that: 1.I have reviewed this Quarterly Report on Form 10-Q of ChinaNet Onlines,; 2.Based on my knowledge, this report does notntain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [18 U.S.C. SECTION 1350, SECTION 906 OF THERBANES-OXLEY ACT OF 2002 (2)The informationntained in the Report fairly presents, inl material respects, the financialndition and results of operations of thempany. November 15, 2010 Handong Cheng Chief Executive Officer Zhige Zhang Chief Financial Officer (Principal Accounting and Financial Officer)]