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HKEx Stock Code: 00696
 
   
 
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As the leading provider of information technology solutions for China’s aviation and travel industry, the Company stands at a core tache along the value chain of China’s aviation and travel service distribution. The Company has been devoted to serving the needs of all industry participants ranging from commercial airlines, airports, travel products and services providers, travel agencies, travel service distributors or agents, corporate clients, travelers and cargo shippers, as well as major international organizations such as International Air Transport Association (“IATA”) and government bodies, with the scope of services covering the provision of critical information systems on flight control, air ticket distribution, checkin, boarding and load planning, accounting, settlement and clearing system, etc.. With over three decades of tenacious research and development, the Company has built up a complete industry chain for aviation and travel information technology service, established a relatively comprehensive, competitively priced product line of aviation and travel information technology service with robust functionality, aiming to help all industry participants to expand their businesses, improve service quality, minimize operational costs and enhance operational efficiency, and ultimately bring benefits to travelers.

The Company’s aviation information technology (“AIT”) services, which consist of series of products and solutions, are provided to 40 Chinese commercial airlines and over 350 foreign and regional commercial airlines. The AIT services comprise Electronic Travel Distribution (“ETD”) services (including inventory control system (“ICS”) services, computer reservation system (“CRS”) services) and airport passenger processing system (“APP”) services, as well as other extended information technology solutions related to the above core businesses, including but not limited to, product services to support aviation alliance, solutions for developing e-ticket and e-commerce, data service to support decisions of commercial airlines as well as information management system service to improve ground operational efficiency.

In 2017, the Group’s Electronic Travel Distribution (ETD) system processed approximately 586.2 million flight bookings on domestic and overseas commercial airlines, representing an increase of approximately 11.8% over the same period in 2016. Among which, the processed flight bookings on commercial airlines in China increased by approximately 12.2%, while those on foreign and regional commercial airlines increased by approximately 3.0%. The number of foreign and regional commercial airlines with direct links to the CRS systems of the Company reached 148, with sales percentage through direct links exceeding 99.8%. In 2017, apart from the adoption of our APP services by all major commercial airlines in the PRC, more foreign and regional commercial airlines were using the Company’s APP system services, multi-host connecting program services and the Angel Cue platform connecting services, resulting in the increase of the number of such users to 123, with approximately 16 million of passenger departures processed in 100 airports.

In 2017, the Company further aligned the research and development focus with the industrial trend and customers’ demand and continued to enhance its aviation-related information technology services and its extended services, with an aim to fulfill the demand of commercial airlines for the information technology solutions on travel convenience, e-commerce, auxiliary services and international services. As a strategic partner of the Fast Travel project of IATA, our self-developed self-help luggage check-in processing system that has been introduced recently has already been put into operation in a number of airports for multiple commercial airlines in China. The commonly used selfservice check-in system (CUSS) has been launched in 164 major domestic and international airports, and the online check-in service has been applied in 288 airports at home and abroad. Such products and services, together with the mobile check-in service and SMS check-in service, processed a total of approximately 232.5 million departing passengers. The number of users of our self-developed mobile application, “Umetrip”, has witnessed stable growth and introduced international travel online check-in for users for the first time. The Group provided full-process convenient clearance technology solutions for China’s commercial airlines, to help improving their passengers’ experiences in various services, such as, security check and boarding. The “aviation information inquires” (“航信通”) realized civil aviation passenger paperless convenient clearance business. It serves for multiple commercial aviation airlines so as to put it into use in more than 100 airports in China. The B2C e-commerce solutions of airlines (TRP) have been put into use in Shenzhen Airlines Company Limited and China United Airlines Co., Ltd. As to the airlines’ ancillary service sales solutions (“Easy add value (增值易)” product platform), the Group has had 6 new domestic commercial aviation airlines customers, including Loong Airlines Co., Ltd., China Express Airlines Co., Ltd., Kunming Airlines Co., Ltd., achieving a full coverage of China’s all large and medium-sized airlines. In 2017, the Company also continued to push forward close cooperation with aviation alliances and technically supported Juneyao Airlines Co., Ltd. to join in Star Alliance to become the first Star Alliance Connecting Partner. The Group responded to the national “The Belt and Road Initiative” strategy, continued to put more efforts for market expansion for overseas market. Four overseas commercial aviation airlines, such as Lanmei Airlines Co. Ltd, newly added the Company’s system.

In 2017, all functions of the new-generation of civil aviation passenger service information system (the “Newgeneration System”) jointly developed by the Group and China’s main commercial airlines, were fully developed and constructed and all of its sub-systems passed the final acceptance check and owned its own intellectual property, thus to realize the independent control of the core technology. Such new system has been put into use, which consolidates the market position of the Group in civil aviation passenger service system field. The Group has made significant achievements in national major scientific and technological projects and scientific research platforms. The “HeGaoJi” projects (meaning core electronic devices, high and general chip and basic software products projects) have been put into production and successfully passed the national task acceptance check and financial acceptance check, representing a major breakthrough of China’s basic software in national core transaction system filed has been made. Beijing City civil aviation big data engineering technology research center and Beijing City design innovation center have been formally licensed. The Group’s key labs for intelligent technology application in civil aviation passenger services have been approved by CAAC. The research and development system construction has achieved initial success.

 
 
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