Tongcheng Travel has been selected for inclusion in the S&P Global Sustainability Yearbook (China Edition) 2024

On July 16th, the globally renowned rating agency S&P Global released the "Sustainability Yearbook (China Edition) 2024", featuring 129 leading companies across various industries. Tongcheng Travel stood out among over 1,700 companies for the excellent performance in Environmental, Social, and Governance (ESG) criteria. This marks the second consecutive year that Tongcheng Travel has been included in this yearbook, and notably, it is the only Chinese Online Travel Agency (OTA) to have made the list.

This selection into the S&P "Sustainability Yearbook (China Edition)" once again highlights Tongcheng Travel's significant achievements in integrating sustainability principles into its operations and governance. It also reflects the global capital market's recognition of Tongcheng Travel's ESG management capabilities and long-term investment value.

Tongcheng Travel continues to empower industry partners and enhance sector efficiency through digital solutions. In the accommodation industry, Tongcheng offers an integrated digital solution to help clients improve efficiency and generate revenue. As a comprehensive digital tourism service provider for destinations, Tongcheng Travel has initiated the "Universal Pass" project in multiple locations across China. By establishing smart online and offline marketing systems and intelligent tourism experience centers, it contributes to the digitization and sustainable development of tourism and public services.

Providing quality services and products to customers is a mission that Tongcheng Travel upholds in the commitment to sustainability. Through the introduction of new technologies, Tongcheng has launched several innovative services and products. For instance, based on the "Smart Travel" intelligent travel system, Tongcheng Travel integrates diverse user needs and supply chain resources to offer more innovative and versatile travel solutions. While continuously improving the customer service system around the requirements of "one-stop, quick response, warm service", Tongcheng Travel integrates smart service technologies into customer service processes to boost efficiency and alleviate pressure on human enquiries.

Promoting rural tourism to aid rural revitalization is a long-term strategy for Tongcheng Travel in sustainability. In 2023, the company initiated the "Tongcheng Thousand Villages Plan". This plan aims to develop sustainable tourism models for villages, considering their unique characteristics, through talent cultivation, technology, traffic, and funding.

Tongcheng Travel actively engages in philanthropy, conducting charitable activities in areas such as education, employment, disaster relief, and poverty alleviation. The "Tongcheng Little Station" love hotel alliance, established by Tongcheng Travel, has launched initiatives like the "College Entrance Examination Energy Station," "Rainstorm Protection Plan," and "Snowstorm Protection Plan". Additionally, Tongcheng Travel is dedicated to providing ongoing support for the hearing-impaired individuals, youth education and employment.

Tongcheng Travel's ESG management and sustainability efforts have received repeated recognition from authoritative institutions. In June, the prestigious financial magazine "Institutional Investor" released the results of its "2024 All-Asia Executive Team" ranking. Tongcheng Travel ranked among the top three in all categories for internet industry listed companies in Asia (excluding Japan) on the sell-side, topping the list in five categories, including "Best ESG," within the small and medium-sized enterprise sector.

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About Tongcheng Travel

Recognized as a great innovator and market leader in China's online travel industry, Tongcheng Travel was formed by the merger of Tongcheng Network and elong Travel in March 2018. On November 26, 2018, Tongcheng Travel was successfully listed on the Main Board of the Hong Kong Stock Exchange (stock code: 0780.HK).

?Tongcheng Travel is committed to building a one-stop online travel platform that provides services including transportation ticket booking (air tickets, train tickets, bus tickets, ferry tickets, etc.), accommodation reservation，package tour，DIY tour，cruise and so on，which covers a wide range of travel and vacation scenarios. With more than 200 million MAUs, Tongcheng Travel is one of the two largest online travel agencies in China.