Summary of duties

Jiyi is a well-known hotel service provider located in Xianbo City, Zhejiang Province, China. According to the report, the collection ranks fifth among all travel agencies in Zhejiang Province in terms of revenue in 2017, accounting for 0.9% of the market share. The collection mainly designs, develops and sells travel packages (including traditional and customized tours); sells free travel products (mainly including the provision of air tickets and ╱ or hotel accommodation); and provides hotel supporting products and services for guests, including, but not limited to, certified application arrangements, scenic spot tickets, conference services and travel insurance. In the years ended December 31, 2016, 2017 and 2018, travel sales accounted for 90.8%, 87.6% and 85.3% of its total income, respectively, while individual product sales accounted for 5.1%, 9.0% and 12.1% of its total income during the corresponding period, respectively.

Thank you very much.

Jiyi is one of the leading "one-stop" travel service providers in Zhejiang Province, China.

Provide professional, professional and personalized services to meet the needs of customers in a variety of ways

Rich technical knowledge and information technology capabilities provide support for the future development of its free travel products

Negative factor

Collective income comes from Chinese customers, and the decline of China's economy may have a significant negative impact on financial and economic performance.

The availability of flights, hotel accommodation, ground pick-up company services or other travel elements or related services, or the availability of travel elements may adversely affect economic performance, financial performance and profitability.

Face-to-face travel agencies, hotel ╱ flight providers, online sales platforms and markets where alternative travel prediction media do not continue to increase.