China Tourism Group Travel

China Tourism Group Co., Ltd. and China Travel Service (Group) Co., Ltd. are important state-owned backbone enterprises directly managed by the central government and one of the three central enterprises headquartered in Hong Kong. The predecessor of the group was the Hong Kong branch of China Travel Service established in 1928 by patriotic banker Mr. Chen Guangfu. After more than 90 years of development, the group has formed an industrial layout consisting of six major businesses: travel services, travel investment and operation, travel retail, hotel operations, travel finance, and strategic innovation incubation. The network covers nearly 30 countries and regions in the Mainland, Hong Kong, Macau and overseas. area. The group brings together many well-known tourism brands such as China Travel Service, China Travel Service, China Travel Service, CDF, etc., and is currently China's largest tourism central enterprise. As of the end of 2019, the group has 43,000 employees, total assets of nearly 130 billion yuan, 584 wholly-owned or holding companies, and more than 60 million tourists annually. At present, the basic situation of the group's six second-tier companies is as follows: China Tourism Group Travel Service Co., Ltd., referred to as "China Travel Travel". Travel service business is the basic business of the group. The company operates inbound tourism, outbound tourism, domestic tourism, customized tourism, conference award business, business travel business, visa and certificate business, etc., and has nearly 3,000 business outlets at home and abroad. The document business operates overseas Chinese visa centers in 25 countries and regions, with the largest market share; commissioned by the Ministry of Public Security, it exclusively handles the "Mainland Pass for Hong Kong and Macau Residents" and "Mainland Pass for Taiwan Residents" in Hong Kong. China Tourism Group Investment Operation Co., Ltd., referred to as "China Travel Investment". Tourism investment and operation business is the core business of the group. It currently owns and operates 30 scenic spots and resorts; develops and operates green tourism real estate and urban leisure real estate, and moderately develops urban-owned commercial real estate; Tianchuang, a company engaged in tourism performing arts, was awarded the " "National Cultural Export Key Enterprise" title; tourist passenger transport business is one of the main operators of cross-border water and land passenger transport between Guangdong, Hong Kong and Macao, and has achieved full coverage of 9+2 cities in the "Greater Bay Area". China Tourism Group China Duty Free Co., Ltd., referred to as "China Travel Duty Free". The travel retail business with duty-free as its core is the group's leading business. It has a comprehensive duty-free license. Currently, it has opened more than 200 duty-free shops in the Mainland, Hong Kong, Macau, Taiwan and overseas. Among them, Sanya International Duty Free City is the world's largest single city duty-free shop. The group's tax-free business currently ranks fourth in the global industry, and is the leading stock in the tourism sector of the domestic capital market, and was selected as one of the "Top 20 A-Share Listed Companies". China Tourism Group Hotel Holdings Co., Ltd., referred to as "China Travel Hotel". The company owns three series of characteristic brand hotels, "Metropark", "Ruijing", and "Living in". It owns and manages nearly 200 hotels in the Mainland, Hong Kong, Macau and the United Kingdom, with more than 48,000 guest rooms. The Mainland hotels cover Beijing, Nanjing, Hangzhou, There are more than 60 cities including Suzhou, Chongqing and Shenzhen; 42 hotels in the UK cover London, Leeds, Birmingham, Lincoln, Portsmouth, Brighton and other cities. China Tourism Group Financial Investment Co., Ltd., referred to as "China Travel Finance". The company owns tourism industry fund, tourism characteristic bank, financial leasing company and Hong Kong Essence Credit Company. Among them, Hong Kong Essence has 34 branches in Hong Kong and is the largest non-bank consumer credit service company in Hong Kong. China Tourism Group Investment and Asset Management Co., Ltd., referred to as "China Travel Assets". The company has 47 wholly-owned, holding, custody, and shareholding companies, and its business involves commercial real estate, commercial complex, property operation and management, tourist transportation, asset management and disposal. In addition, the group is currently incubating new forms of tourism such as cruise ships and RVs. The group owns two cruise ships: the "Nanhai Dream" cruise ship operates the route from Sanya to Xisha; the "Gulangyu" cruise ship is the first domestically operated luxury intercontinental cruise ship. The RV business has opened up Sichuan-Tibet line, Yunnan-Southeast Asia outbound line and other boutique RV tourism routes. China Tourism Group Co., Ltd. takes "serving the public and creating happiness" as its purpose, and earnestly fulfills the political, economic and social responsibilities of central enterprises, plays a leading role in the tourism industry, and strives to become a company with outstanding product innovation capabilities and resource endowments, and global competitiveness. A world-class tourism industry group.