CAISSA TOURISM(SZ:000796)2022-12-05 01:14Group 1: Financial Performance - The company achieved a revenue of 3.405 billion yuan in the first half of 2017, representing a year-on-year growth of 30.84% [2] - Net profit attributable to shareholders reached 134 million yuan, a significant increase of 136.11% compared to the previous year [2] - The net profit excluding non-recurring gains and losses was 74 million yuan, reflecting a year-on-year growth of 20.74% [2] - The tourism segment generated 2.92 billion yuan in revenue, with a year-on-year increase of 31.74% [2] - The food business reported a revenue of 476 million yuan, marking a year-on-year growth of 26.19% [2] Group 2: Business Strategy - The company focuses on a tourism-centric full industry chain business model, expanding in three main areas: channel optimization, product development, and resource utilization [2][3] - The company aims to enhance its retail model while developing new tourism retail strategies to achieve a balanced growth between wholesale and retail [2] - The company is committed to improving its operational efficiency through technology and user experience enhancements, including a reconstruction of its tourism service backend system [3] Group 3: Market Position and Competitive Advantage - The company targets three customer segments: individuals, enterprises, and government, offering tailored products for each [3] - The company maintains a strong resource utilization in Europe, its origin for tourism business, and has established a subsidiary in the U.S. for resource layout [3] - The company has developed a competitive edge through a three-phase growth strategy: leveraging industry growth, marketing and branding, and capital and technology advantages [5] Group 4: Future Outlook and Development - The company expresses confidence in the growth of its travel business, particularly in the corporate travel sector, supported by its affiliation with HNA Group [4] - The company plans to continue expanding its retail presence while optimizing operational efficiency, with a slight decrease in the number of retail stores compared to the previous year [5] - The company does not differentiate between domestic and international travel in its corporate travel strategy, aiming for comprehensive coverage [4]