 China Finance Online Co. Limited, NASDAQ GS: JRJC, China Finance Online, or the Company, we, us or our, a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers today announced a 10:1 ratio change of the Companys American Depositary Share ADS program from 1 ADS representing 5 ordinary shares of the Company to a new ratio of 1 ADS representing 50 ordinary shares of the Company ADS Ratio. This ratio change is effective as of January 6, 2020 US time. 