Overview of China Youth Travel Service

Overview of China Youth Travel Service

China Youth Travel Service Holdings Co., Ltd. (referred to as "China Youth Travel Service") was established on November 25, 1997 and went public on December 3, 1997. The company's headquarters is located at the China Youth Hostel Building, No. 5 Dongzhimen South Street, Dongcheng District, Beijing. The main business of China Youth Travel Service covers multiple fields such as tourism, high-tech, venture capital, and investment in the securities industry. The specific business includes IT product sales and technical services, tourism product services, integrated marketing services, scenic area management, hotel business, and housing leasing.

Financial situation

In 2024, China Youth Travel Service achieved a revenue of 9.957 billion yuan, a year-on-year increase of 3.34%; The net profit was 160 million yuan, a year-on-year decrease of 17.29%. The company's gross profit margin was 23.09%, a year-on-year decrease of 1.37 percentage points; The net profit margin was 2.60%, a decrease of 0.56 percentage points compared to the same period last year.

Business Development Strategy

China Youth Travel Service is committed to promoting the simultaneous improvement of "quality" and "quantity", strengthening the integration of culture and tourism, using technology to empower the growth of cultural and tourism business, promoting the construction of smart scenic spots, improving operational efficiency and product added value. The company also focuses on shareholder returns and has developed a medium - to long-term return plan, which specifies that under the conditions of cash dividends in accordance with the articles of association, the accumulated profits distributed in cash in the past three years shall not be less than 30% of the annual average distributable profits achieved in the consolidated financial statements in the past three years.

news

On April 3, 2025, China Youth Travel Service announced its 2025 guarantee plan, which involves guarantees for Beijing China Youth Travel Service Chuangge Technology Co., Ltd. and its subsidiary travel agencies, with a total estimated amount not exceeding RMB 2.2 billion. In addition, the company's holding subsidiary Wuzhen Tourism and its subsidiaries plan to provide a phased joint liability guarantee of no more than RMB 500 million for eligible homebuyers.