Universal Travel Group (NYSE:UTA) |
| Outstanding: | 13,680,294 as of August 5, 2009 |
| Float: | 12 million |
Important Company Highlights
Investment Highlights
- Two-pronged Distribution Strategy - The Company utilizes both wholesale and direct sales channels in air ticketing, hotel booking and packaged tours.
- Innovate to Meet the Demand for Easy Access to Booking - The online ticketing channel targets a population of 250 million, while the TRIPEASY Kiosks target more than 1.0 billion non-internet users. The TRIPEASY Kiosks are the first of their kind in China.
- Diversified Travel Services Offered within a Complete Supply Chain - Universal Travel Group is uniquely positioned to offer diversifi ed travel services that completes the travel services supply chain, thus reducing some of the economic risks.
- Dedication in Wholesale to Top-Quality Travel Agencies - The Company has held a tier-one wholesale license in air-ticket sales since 2003. It allows the Company to wholesale both domestic and international tickets.
Market Opportunities
- Packaged Tours Growth - A phenomenon called "Holiday Tours" has driven up domestic consumption: thousands and thousands of tourists come out over week-long holidays during May Holidays, and National Day.
- Positive Impacts from Events - Although 2008 Beijing Olympic Games did not impact significantly on tourism during the event, its post impact is positive.
- Taiwan Straits Direct Flights - The recent open-up of direct fl ights between Taiwan and the mainland will bring the Company opportunities in a long run, although near tem impacts are not immediate.
- Relaxed Regulation and E-ticketing Implementation - As regulations on international travel agencies become more relaxed, inbound tourists are expected to increase. The implementation of e-ticketing in China is systematically reducing the overall cost structure.
Recent Events
UTA NYSE
Rings Opening Bell
Tuesday, June 30, 2009
Company Information
Universal Travel Group
Shenzhen Nanshan District
High-Tech Software Park
5/F South Tower, Building No. 11, Second Zhongke Road
Shenzhen, China
CEO: Jiangping Jiang
Employees/Consultants: 320
Issue Type: Common Stock
Sector: Services
Industry: Diversified Services
Investor Relations Contact
CCG Investor Relations
Crocker Coulson
1320 Avenue of the Americas
Suite 2800
New York, NY 10019
Phone: (212) 245-1010
Fax: (212) 212-5295
E-mail: crocker.coulson@ccgir.com
Management Team
Jiangping Jiang
Chairperson and CEO
Jing Xie
Secretary of the Board and VP
Yizhao Zhang
CFO

