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Public company info - Tu Yi Holding Company Limited , 01701.HK

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Tu Yi Holding Company Limited, 01701.HK - Company Profile
Chairman Yu Dingxin
Share Issued (share) 1,000,000,000
Par Currency Hong Kong Dollar
Par Value 0.01
Industry Travel & Tourism
Corporate Profile Business Summary: The principal activities of the group comprise (i) the design, development and sales of outbound travel package tours; (ii) the design, development and sales of free independent traveller products (“FIT Products”); and (iii) the provision of other ancillary travel-related products and services. Performance for the year: For the year ended 31 December 2019, the consolidated revenue of the Group amounted to approximately RMB233.8 million, representing an increase of approximately 14.0% over the previous year. The Group’s profit attributable to owners of the parent was approximately RMB25.6 million, representing an increase of approximately 266.2% as compared to the previous year. Business Review During 2019, the Group continued to firmly implement its development strategy, strived to establish a “onestop Japanese travel service provider” by deeply exploring Japan’s tourist destination resources and optimized the development strategy. The Group offered products covering almost all aspects of Japanese tourism, and achieved certain results in our four major business segments, namely vacation travel, customized itineraries, overseas hotels and overseas online shopping. The number of customers for Japan local day-tours increased by more than five times as compared with the previous year. In-depth cooperation with two local travel agencies in Hong Kong was reached to provide them with a comprehensive range of Japanese destination resource products. In January 2019, the offline physical store and online platform of Hotel Comfact (the “Tokyo Hotel”) duty-free shop under the Group were officially opened. After years of building-up of customer resources, based on our product procurement advantages in Japan and mature e-commerce operation experience, it has become the most popular and trustworthy overseas shopping platform for customers’ repeated consumption after returning from travel. Prospects: Going forward 2020, the internal and external situations faced by China will become more complicated and unstable. There will be new features in the development of the tourism industry. Reform and development will remain the main theme of the Group’s work in the forthcoming year. We will focus more on the originality of tourism products, service design and destination resources development to ensure customers are provided with more diversified products and quality services and create value for the shareholders (the “Shareholders”) with our best efforts.

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