Core Insights - Tongcheng Travel (0780.HK) reported a significant increase in annual paid users, reaching 253 million, and cumulative service users exceeding 2 billion, marking a historical high [1] - The company achieved a revenue of 5.509 billion yuan in Q3 2025, reflecting a year-on-year growth of 10.4% [1] - The transportation segment saw a revenue increase of 9%, amounting to 2.209 billion yuan, while the accommodation segment experienced a 14.7% growth, reaching 1.580 billion yuan [1] Business Initiatives - Tongcheng Travel launched the "New Traveler Public Welfare Plan 2.0" aimed at assisting industry partners in achieving high-quality development [1] - The company has been recognized for three consecutive years in the S&P Global "Sustainability Yearbook (China Edition)" and received an "AAA" rating in the latest MSCI ESG assessment, placing it in the top 5% globally [1] Market Outlook - The CEO of Tongcheng Travel, Ma Heping, emphasized the robust growth potential of the mass tourism market, indicating that this growth will continue to be released in the future [1] - The company plans to enhance the supply of high-quality travel products to meet the demands of ordinary consumers while committing to long-term partnerships to foster a sustainable industry ecosystem [1]
同程旅行发布2025年三季报：大众旅游市场发展迅速，年付费用户2.53亿