HWH International Updates On Hapi Travel Joint Venture, Generating $18M Revenue In 2024 With Expansion Plans In Hong Kong, Singapore, And Malaysia To Tap Growing China-ASEAN Travel Demand
HWH International Updates On Hapi Travel Joint Venture, Generating $18M Revenue In 2024 With Expansion Plans In Hong Kong, Singapore, And Malaysia To Tap Growing China-ASEAN Travel Demand
HWH International Inc. ("HWH" or the "Company") (NASDAQ:HWH) is pleased to provide an update on the progress of a joint venture in its Hapi Travel business, in which HWH holds a 19% interest. HWH established this joint venture in April of 2024 with Mr. Chen Ziping, an experienced entrepreneur in the travel industry and Mr. Heng Fai Chan, HWH's Executive Chairman.
HWH國際公司（"HWH"或"公司"）（納斯達克：HWH）高興地提供其Hapi Travel業務合資企業進展的更新，HWH在其中持有19%的股份。HWH於2024年4月與在旅行行業擁有豐富經驗的企業家陳子平先生及HWH的執行主席陳恒輝先生共同成立了這一合資企業。
Hapi Travel Group and its partners have established HapiTravel Holding Pte. Ltd., a Wholly Owned Foreign Enterprise (WOFE) in Singapore to serve as a holding company for its China operations. This joint venture is focused on three key sectors:
Hapi Travel集團及其合作伙伴在新加坡設立了HapiTravel Holding Pte. Ltd.，作爲其在中國業務的全資外商企業（WOFE）控股公司。該合資企業專注於三個重點行業：
- Education Tours: Organizing inbound and outbound educational tours for primary and secondary schools in China.
- Conference Tour Packages: Offering tailored travel solutions for institutions and group events.
- B2B Hotel Booking System: Providing an efficient platform for hotel bookings, catering to businesses.
- 教育旅遊：爲中國的中小學組織入境和出境的教育旅遊。
- 會議旅遊套餐：爲機構和團體活動提供量身定製的旅行解決方案。
- B20億酒店預訂系統：提供高效的酒店預訂平台，以滿足業務需求。
During the first three quarters of 2024, this joint venture and its predecessors have collectively generated revenue exceeding US$18 million. Additionally, this joint venture has successfully established its educational tour business in Hong Kong through its subsidiary, Hapi Travel Hong Kong Ltd., and plans are underway to set up subsidiaries in Singapore and Malaysia. These initiatives aim to capitalize on the growing travel demand between China and the ASEAN region, as well as vice versa.
在2024年前三個季度，該合資企業及其前身共計創造的營業收入超過1800萬美金。此外，該合資企業通過其子公司Hapi Travel Hong Kong Ltd.成功建立了其在香港的教育旅遊業務，並計劃在新加坡和馬來西亞設立子公司。這些舉措旨在抓住中國與東盟地域板塊之間日益增長的旅行需求，以及反向的需求。
譯文內容由第三人軟體翻譯。