The Asia-Pacific's top online recruitment service provider JobsDB.com will expedite its expansion on the Chinese CEO mainland market, according to its chief executive.

"Our aim is to become one of the mainland's top three online recruitment companies in two years," JobsDB.com's Bill Chang told China Daily.

"By the end of 2007 we will establish at least three branch offices in Beijing, Hunan and Sichuan."

The firm currently operates five branches in Shanghai, Shenzhen, Guangzhou, Dongguan and Zhongshan through its 51.88 percent-owned subsidiary CJOL.com.

Chang said CJOL.com would remain the driving force behind JobsDB.com's expansion on the mainland.

"CJOL.com is and will continue to be responsible for handling all JobsDB.com's online recruitment services on the mainland."

CJOL.com is South China's largest online recruitment service provider and the country's fourth-largest after 51job.com, ChinaHR.com and zhaopin.com. Its daily hits exceed 20 million, while the number of jobs posted range from 20,000 to 50,000 a day.

"In the peak season for job hunting, March to May, we have offered over 50,000 job vacancies per day," said a CJOL.com employee.

Chang told China Daily that his company had not ruled out the possibility of raising funds to facilitate its future expansion, but said it "has efficient funds now to support all of its ongoing projects".

"We will probably seek help (funding) from our independent investors such as banks, finance organizations and fund management companies," said Chang, declining to name the investors, but indicating that they could be "from both the mainland itself and overseas".

"Currently we do not have any plans to raise funds by floating our shares on either the mainland or Hong Kong stock exchanges," Chang added.

"We are seeking strategic partners and M&A (merger and acquisition) targets we are in talks with five to six HR consulting and recruitment companies, but nothing concrete or conclusive can be announced at the moment."

Chang described both JobsDB.com and CJOL.com as "robust". "Our annual profit margin has remained over 20 percent in the past few years and we will try to boost it further," Chang said.

"The recruitment industry is booming in China and its market potential is just huge. We are striving to provide an ideal interactive platform between job providers and seekers."