SINA SINA com

Yintech Investment Holdings Limited (NASDAQ:YIN) ("Yintech" or the "Company"), the largest online provider of spot commodity trading services in China by customer trading volume in both 2014 and 2015, today announced that it has priced its initial public offering of 7,500,000 American depositary shares ("ADSs") at US$13.50 per ADS for a total offering size of approximately US$101.3 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents 20 ordinary shares of the Company. The ADSs will begin trading on the NASDAQ Global Select Market today under the ticker symbol "YIN."

The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to 1,125,000 additional ADSs.

Jefferies LLC acted as the sole bookrunner and Ping An of China Securities (Hong Kong) acted as an underwriter for the offering.

Concurrently with, and subject to, the completion of its initial public offering, the Company will close private placements with MeMeStar Limited, a wholly-owned subsidiary of SINA Corporation (NASDAQ:SINA), 14,814,815 ordinary shares of the Company at an aggregate investment amount of US$10.0 million.

Yintech's registration statement relating to the offering has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor will there be any sale of these securities in any state or jurisdiction in which it would be unlawful prior to registration or qualification under the securities laws of the state or jurisdiction.

The offering of the securities is made only by means of a prospectus forming a part of the effective registration statement. A copy of the prospectus relating to the offering may be obtained by contacting Jefferies, Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, or by calling 1-877-547-6340 FREE, or by email at Prospectus_Department@Jefferies.com.

About Yintech Investment Holdings Limited

Yintech (NASDAQ:YIN) is the largest online provider of spot commodity trading services in China by customer trading volume in both 2014 and 2015, according to Euromonitor. The Company facilitates the trading by individual customers of silver, gold and other precious metals and commodities on China’s three leading exchanges: the Shanghai Gold Exchange, the Tianjin Precious Metals Exchange and the Guangdong Precious Metals Exchange. Yintech provides customers with comprehensive services, including account opening, investor education, market information, research, live discussion boards and real-time customer support, the majority of which, is delivered through its proprietary client software and call center.

For more information, please visit ir.yintech.net

For investor and media inquiries, please contact:

Yintech

Investor Relations DepartmentPhone: +86 21 2028 9009E-mail: ir@baidao.com

Christensen

In ChinaMr. Christian ArnellPhone: +86-10- 5900-1548E-mail: carnell@christensenir.com

In USMs. Linda BergkampPhone: +1-480-614-3004 Email: lbergkamp@ChristensenIR.com