TONGCHENGTRAVEL Reports Q1 2026 Revenue of RMB 5.01 Billion, Serves 2.05 Billion Annual User Visits

Stock News
05/21

On May 21, 2026, TONGCHENGTRAVEL (00780) released its financial results for the first quarter of 2026. The report indicates the company achieved steady operational growth, with revenue reaching RMB 5.01 billion, representing a year-on-year increase of 14.4%. In serving the mass tourism market, the company's annual paying user base reached 254 million, with a cumulative annual service volume of 2.05 billion user visits.

During the first quarter of 2026, TONGCHENGTRAVEL continued to integrate its technological capabilities into user services and the industry ecosystem. Its AI agent, DeepTrip, now supports 17 languages and has been accessed by nearly 10 million users globally. Its core skills are available on major AI platforms. The Yilong Hotel Technology Platform supports over 100,000 accommodation enterprises through AIoT solutions like "Zhiyi Smart Stay," significantly enhancing operational efficiency.

The company also activated destination economies through innovative government-enterprise cooperation models. In Q1 2026, it was deeply involved in distributing consumption vouchers and integrated marketing for over 23 destinations, including Guangdong, Jiangsu, and Jiangxi, directly driving related transaction volume of approximately RMB 100 million. Its international travel platform, HopeGoo, saw its consumer user count increase by 2.9 times year-on-year in the quarter, while order volume for products in Mainland China grew by over four times, supported by improved international payment solutions and linked consumption subsidies.

Mr. Ma Heping, Co-Chairman and CEO of TONGCHENGTRAVEL, stated, "Demand in the mass tourism market continues to deepen, requiring us not only to connect users with services but also to cultivate the industrial chain, using technology and ecosystem strength to enhance overall efficiency. Looking ahead, we will continue to focus on the needs of mass travelers and work with all partners to drive value enhancement across the entire travel industry chain."

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