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27 Nov 2018

Wonderful Sky Financial Group Assists Tongcheng-Elong Holdings Limited (Stock Code: 0780.HK) with the Successful Listing on HKEx

Tongcheng-Elong Holdings Limited (the “Company”) is a market leader in China’s online travel industry. The Company is the combined business resulting from the Tongcheng-eLong Merger, which was completed in March 2018. The Company is a one-stop shop for users’ travel needs. With the mission of “We make travel easier and more joyful”, the Company offers a comprehensive and innovative selection of products and services covering nearly all aspects of travel, including transportation ticketing, accommodation reservation and various ancillary value-added travel products and services designed to meet users’ evolving travel needs throughout their trips. According to iResearch, on a Tongcheng-eLong combined basis, the Company ranked third in terms of GMV in China’s online travel market in 2017, with the highest year-over-year growth from 2015 to 2017 in the number of online transportation ticketing and accommodation reservation transactions in China’s OTA travel market. Tongcheng and eLong were among the first third-party online service providers operating portals on the mobile payment interface of Tencent’s Weixin and were, according to iResearch, among the first OTAs to reach users nationwide through super apps; in both September and October 2018, the Company’s branded mini program was the most popular among all Weixin-based mini programs, according to a ranking by iResearch based on various measures including, among others, user visits, number of search queries and number of shares. The Company is currently the sole operator of the “Rail & Flight” and “Hotel” portals in the mobile payment interface of Tencent’s Weixin and Mobile QQ.

 

The Co-Chairman of Tongcheng-Elong Holdings Limited, Mr. Zhixiang Wu delivered a speech at the listing ceremony: As a brand new company resulting from the Tongcheng-eLong Merger, we achieved better economies of scale through comprehensive integration. It is a historical moment for us today. I would like to thank all the colleagues for your hard work!  We will focus on products and services with continuous innovation. We will match forward to making the travel easier and happier, meanwhile providing satisfying return to our stakeholders!

 

As the only major integrated financial communications company in the world that is listed on the HKEx, Wonderful Sky will continue to provide a "one-stop” and ten-in-one prime financial public relations services, including financial public relations, investor relations, international roadshows, financial printing , corporate branding, ESG report, asset management, corporate doctor, Compulsory and Commercial Insurance and headhunting program. “Your Success is Our Inspiration” is the motto of Company's Group, by which we strive to become the select partner of listed companies for the long term by offering customized and professional services to Company's clients.