In the past 2020，Because of the attack of the new crown epidemic，The entire 188bet game industry has suffered a major blow。

May 19 is China 188bet game Day，It happens to be on this day，Zhongxin Travel(002707,Stock Bar) held the 2020 Annual Shareholders Meeting at its Beijing headquarters。After the meeting，Guo Lei, Director and Secretary of the Board of Directors of Uoxin Travel, gave detailed answers and explanations to investors’ questions。

In the face of the epidemic, Uxin increases its efforts to focus on domestic 188bet game business

Financial report data display，Uoxin 188bet game’s net profit loss attributable to shareholders of listed companies in 2020 is approximately 14.8 billion yuan；Operating income is about 15.6.1 billion yuan，Decreased by 87 year-on-year.63%。

Affected by external environment such as the epidemic，Uxin 188bet game’s 2020 performance answer sheet is not good-looking，But the company responded quickly，Made many strategic and business adjustments，Actively expand domestic 188bet game business，And increase external cooperation，Expand product ecology, etc.。

Mentioned by Guo Lei, Director and Secretary of Uoxin Travel，The epidemic is indeed a blow to overseas 188bet game，But on the other hand，Just because people can’t travel abroad，It is a good opportunity for domestic 188bet game，And the domestic 188bet game market space and customer base are huge，Currently targeting some high-quality domestic tours、Customized tours and medical 188bet game products，The market has never been perfect，Zhongxin Travel has a great advantage in this regard。The company responds to the epidemic，Following the trend, focus on domestic 188bet game business and increase investment，And it is expected to form a linkage effect with the resumption of outbound 188bet game in the future。

Although the market space for domestic 188bet game is huge，But many people may choose to travel independently when traveling domestically，In response to this problem，Guo Lei said，If you consider safety issues、Problems with air tickets, hotel tickets and other itinerary arrangements、When traveling as a family if there are elderly people and children、Or situations such as Xinjiang, Tibet, Yunnan and other places that are far away and have vast territory，More people will still choose travel agencies，And now there are many different forms of group tours，Zhongxin can also provide services based on people’s different actual situations and needs，Customized tour for more than 3 people and less than 10 people。

It’s worth noting，In the past May Day Golden Week holiday，The 188bet game market is picking up quickly，Domestic 188bet game business has recovered，It is reported，Uoxin Travel’s revenue during the May Day period increased more than ten times compared with the same period last year。

Also，2020 UX 188bet game Asset Impairment 7.6.8 billion yuan，Mainly for goodwill impairment，Credit impairment 1.4.1 billion yuan，Mainly for bad debt provision。The provision of goodwill and bad debt provisions affects the company’s net profit attributable to the parent company。mentioned this issue，Guo Lei replied，The concentrated release of goodwill and bad debts will help the company to dress up in 2021，It is expected to focus more energy on the recovery and development of 188bet game business。

Join hands with Alibaba to establish a new company and new system to achieve resource integration

Last October，Controlling shareholder of Zhongxin Travel、The actual controller Feng Bin signed the "Share Transfer Agreement" with Alibaba (China) Network Technology Co., Ltd.。After this equity change,Alibaba Network becomes a strategic shareholder of UX Travel。Alibaba becomes a shareholder,Meaning the start of the digitalization process of Uxin Travel, a traditional 188bet game enterprise。

This is not a simple secondary market investment，It is reported，Uxin 188bet game also established a joint venture with Alibaba 188bet gameComprehensively integrate various resources and channels in the upstream, midstream and downstream of the industry chain,Providing online and offline integrated digital distribution solutions。

Guo Lei said，For Zhongxin and Ali Feizhu,Newly established companies can bring incremental business。This company can add fragmented resources on the basis of 188bet game B2B,These resources include not only business and travel agencies,Also includes more 188bet game-related resources。

Fliggy Travel within the Alibaba system is one of the giants in the domestic OTA field,Has abundant travel agency retail resources，And has a lot of online traffic。And Uoxin Travel is the leading wholesaler of domestic outbound 188bet game，Has rich destination resources and travel agency retail channels,This time, multiple resources have joined forces to lay out a global distribution platform for 188bet game products,Achieve integration of online and offline multi-party resources，Maybe it can set off a new wave in the 188bet game industry。

*Source of this article: Hexun.com, original title:《Zhongxin Travel: Increase investment in domestic 188bet game business and join hands with Alibaba to achieve resource integration》.