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China Nepstar Enters Into Strategic Cooperation Agreement with ATMU to Install More Than 1,000 ATMs in Nepstar Stores
Date:11/3/2009

SHENZHEN, China, Nov. 3 /PRNewswire-Asia-FirstCall/ -- China Nepstar Chain Drugstore Ltd. (NYSE: NPD) ("China Nepstar" or the "Company"), the largest drugstore chain in China based on the number of directly operated stores, today announced that it has entered into a strategic cooperation agreement with ATMU (China) Technology Co., Ltd., a subsidiary of ATMU Inc., one of the largest ATM operators in China, to install ATMs in Nepstar stores.

This cooperation will not only provide convenience to customers and generate rental revenue for China Nepstar, but will also help increase store traffic and accelerate the development of electronic payment services at Nepstar stores. ATMU plans to complete initially 1,000 ATM installations in China Nepstar's existing stores by end of 2010.

ATMU Inc. is one of the largest ATM operators, ATM media service providers and ATM maintenance providers in China. ATMU Inc.'s strategic business partner, Postal Savings Bank of China, is the fifth largest commercial bank in China. Established on what was the financial services network of the China Post Bureau, Postal Savings Bank of China provides full commercial banking services to more than one billion residents in rural and urban markets across mainland China.

Mr. Jason Wu, Chief Operation Officer of Nepstar, commented, "We are delighted with this new initiative. With our broad geographic coverage in China and outstanding brand name, China Nepstar is the logical partner for ATMU. This cooperation is another step towards our long term goal of bringing maximum convenience and high quality products to our customers. We believe that the installation of these ATMs, along with other in-store service terminals such as the utility bill payment system, will further help increase our store traffic and strengthen our customer rela
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SOURCE China Nepstar Chain Drugstore Ltd.
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