Ryanair, headed by chief executive Michael O'Leary, is certain to have moved aggressively to pursue the culprits and to seal any gaps in its system that allowed the fraud to be perpetrated.
The scam is the second major exposure in the past year of an Irish public company to a significant security breach.
The market on which the Euro Asia Group focuses is strongly demand-driven and the Group is, , engaged in projects conceived through government-driven urban renewal programmes.
Located in the booming central coastal region of China, Shandong is one of the richest Chinese provinces.
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The stolen data included personal information entered by customers signing up to Paddy Power's online service.
Ryanair confirmed last night that it had been hit by the substantial fraud and that it has investigated a "fraudulent electronic transfer via a Chinese bank last week".