Just for clarity on revenue here with these new banks the figures are in Chinese RMB.
$RMB25,0000000 X .02% = $RMB5000 per day
$RMB5000 X 365 = $RMB1,825,000 per year.
$1,825,000 / 4.8 = $308,208 AUD conversion per year revenue.
So annual revenue from the new 120 banks is $AUD $308,208.00
They need a lot more banks to really build volume of scale to make the big bucks....
Ann: T-Linx rollout reaches ShanXi Province, page-39
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