May 23，Tuniu Travel Network announced its unaudited first quarter performance report as of March 31, 2019。Net income for the first quarter of 2019 was 4.56.9 billion yuan ($68.1 million)，Decreased by 4 compared with the same period in 2018.9%。

•   First quarter of 2019，Income from packaged travel products is 3.65.9 billion yuan ($54.5 million)，Decreased by 9 compared with the same period in 2018.1%。This decline is mainly due to lower revenue in some destinations。

•   First quarter of 2019，Other income was RMB 91 million (USD 13.6 million)，An 188bet Online Sports Betting and Casino increase of 16 compared with the same period in 2018.8%。This increase is mainly due to the increase in financial services income and commission income from some individual travel products。

First quarter of 2019，Gross profit is 2.50.8 billion yuan ($37.4 million)，Decreased by 4 compared with the same period in 2018.5%。The decrease in gross profit is mainly due to the decrease in revenue from packaged travel products。

As of March 31, 2019，Cash and cash equivalents held by the company、Restricted cash and short-term investments total RMB 1.8 billion (total 2.USD 69.6 billion)。

Founder of Tuniu Travel Network、Mr. Yu Dunde, Chairman and CEO said: “2019，We will focus on the company’s core competitiveness。On the one hand，We want to focus resources on head products，While creating a high-quality experience，Get more benefits on core products through centralized procurement。On the other hand，We will continue to make efforts in social promotion，Leverage directly operated stores and a series of online sales 188bet sports betting app download tools，Penetrate into more scenes and more customers。We will give back to all Tuniu users with high-quality products and services。”

Ms. Xin Yi, Chief Financial Officer of Tuniu Travel Network, said: "Through the development of the head、Hot products and other products，We see room for further growth in gross profit margin in the future。Also，The contribution of directly operated stores to the company’s revenue continued to increase this quarter，We provide customers with more service methods。New stores take time to cultivate and mature，To achieve long-term asset accumulation and profit return。Future，In addition to continuing to develop our self-operated products with high customer experience, the Excellent Line，We will also work with suppliers to select high-quality, carefully selected products，Achieve a win-win situation。”