Ctrip (09961.HK) announced that the implementation and achievements of the "Cheng Er Dai Cheng Chang Li Jin" fertility subsidy policy for global employees have reached their first anniversary. As of the end of June this year, a total of 541 employees eligible for the policy have given birth to 550 children, including nine pairs of twins.
According to the policy standard of RMB 50,000 per child, the 550 "Cheng Er Dai" newborns were granted a total of RMB 27.5 million in cash for childbirth subsidies, which will be distributed to the children when they reach the age of 5 years from this year onwards.