CYTS Holding Co., Ltd was initiated by China Youth Travel Company, and established on November 26, 1997 through raising company load. The company was listed in Shanghai Stock market on 3^rd December (stock code: 600138). As the first A-Stock listed company in tourism industry, the total stock capital amounts to 267 million shares. During 1998~2004, the company received more than 3.3 million tourists accumulatively, with a turnover over RMB8.30 billion, realized RMB602 million net profit. At present, CYTS Company has the capacity of receiving 680 thousand tourists every year, with a yearly turnover RMB1.745 billion, with net profit exceeding hundred of millions.

The philosophy of CYTS Holding Co., Ltd is “development is decisive”, the company sticks to the development strategy of “building up a holding company based on tourism, centered on capital management, driven by high techs. For six year since becoming a listed company, the company has insisted on the spirit of innovation, general adoption of the market principle and reform, and completed enterprise system, management organism and overall innovation of corporation culture’s, and promote forcefully the thorough reform which will comply with future development trend. Through adjusting business structure, innovating business patterns, controlling relevant resources, establishing enterprise competitive advantages and enhance core competencies, the company has achieved sustaining development.

The company plans to develop into an internalized large travel agency, restructure the business procedures, and push forward the main scope of business by carrying out market segmentation.

CYTS Holding Co., Ltd has been selected the top potential 50 enterprises in China for successively 4 years

The 7^th and 8^th holder of Capital Forbidden City travel prize for best performance enterprise.

The 9^th and 10^th holder of Capital Forbidden City travel prize for advanced enterprise.