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    home >English>Membership>Member News text

    Tongcheng Group was listed in "Top 500 Private Enterprises in China" and "Top 100 Service Industr...

    time:2023-09-13 17:58 author:Pinchain-IMTA

    Tongcheng Group was listed in "Top 500 Private Enterprises in China" and "Top 100 Service Industry".

    On September 12, the All-China Federation of Industry and Commerce released the 2023 list of China's Top 500 Private Enterprises, Top 500 Manufacturing enterprises and Top 100 service enterprises at the 2023 Summit of China's Top 500 Private Enterprises. Tongcheng Group relies on its own industrial layout and ecological advantages to achieve high-quality development, and has been ranked 270th and 63rd in the list of China's Top 500 Private Enterprises in 2023 and China's Top 100 Private Enterprises in Service industry in 2023.

    In recent years, although the tourism industry has been affected by internal and external factors such as the novel coronavirus epidemic, Tongcheng Group has actively carried out digital transformation and upgrading to empower upstream and downstream partners in the tourism industry chain, and promoted the sustainable development of China's tourism industry while achieving its own steady development.

    Tongcheng Group's business scope covers online tourism, travel agencies, airlines, hotels, destinations, business travel management and other fields, business radiation worldwide. At present, the Group's business segments have a good momentum of development. Among them, the Hong Kong listed company segment - same-journey travel bucked the trend of growth during the epidemic, accompanied by the recovery of the tourism market, and the overall performance was strong. In the second quarter of 2023, the same trip revenue reached 2.87 billion yuan, an increase of 117.4%, and the adjusted net profit was 590 million yuan, an increase of 428.9%. In February 2023, Tongcheng Travel launched the "Thousand Villages Plan", aiming to create a new picture of rural tourism with the concept of "thousand villages and thousand faces" and help the national rural revitalization cause. The depth of the layout of the accommodation industry chain is becoming a new moat. As of the end of August this year, elong Hotel Technology, a subsidiary of Tongcheng Travel, has opened 1,100 hotels and signed nearly 2,000 hotels.

    China's Top 500 Private Enterprises Summit has been successfully held for 13 sessions since 2010. The theme of this year's summit is "Strengthening Development Confidence to Promote high-quality Development", which aims to guide the majority of private enterprises to accurately grasp the situation, strengthen development confidence, and actively contribute to the high-quality development of China's economy and society.

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