Benefit news，August 22，Beijing 188bet online sports betting International Tourism Co., Ltd. (hereinafter referred to as "188bet online sports betting Tourism"，Security code 836925) released the semi-annual report。Data display，First half of 2016，188bet online sports betting Tourism total revenue 2.3.6 billion yuan，66 year-on-year increase.94%；Service 72.60,000 people，95 year-on-year increase.2%；Gross profit 1798.150,000 yuan，126 year-on-year increase.74%；Net profit attributable to shareholders of listed companies-2357.370,000 yuan；Overall gross profit margin 7.61%，YoY increase of 35.82%；Operating cost 2.1.8 billion yuan，Net increase in cash flow 676.150,000 yuan。During the reporting period，In various business sectors of the company，The growth of visa business and destination business is particularly outstanding，Visa business operating income 1.4.4 billion yuan，84 year-on-year increase.27%；Served 42 times.50,000 people，70 year-on-year increase.38%；Destination business operating income 4246.650,000 yuan，397 year-on-year increase.98%；Service 22.70,000 people，254 year-on-year increase.92%。

188bet online sports betting Travel is a leading enterprise in China’s outbound tourism O2O service field，Listed on the New Third Board on April 22, 2016。188bet online sports betting Travel is mainly engaged in online visa processing business、Destination Services，Travel vacation services and corporate international business travel business，Introduce user traffic by selling online visa service products，Realize airport pick-up、Tickets、Car rental、Fragmented destination products such as day trips and free flights、Customized tour、Sales of vacation products such as group tours。188bet online sports betting Travel Group for outbound independent travel，especially 80、The post-90s generation is the main target customer，Relying on PC and mobile Internet platforms，Take visa service as the entry point，Integrating outbound travel fragmented product resources，Provide one-stop shop for customers、Scenarioization、Intelligent outbound independent travel solution。

During the reporting period，188bet online sports betting without large-scale market investment，Achieved operating income、Gross profit、Natural high growth of important indicators such as number of people served，Loss continues to decrease。In particular, the high growth of visa and destination business further validates the business vitality of the company’s “origin + destination” two-wheel drive strategy。188bet online sports betting said，The main reason for the above-mentioned growth is that the word-of-mouth effect accumulated in the early stage of the "188bet online sports betting" brand has gradually begun to be released，Customer stickiness increases；Improving the operational capabilities and execution capabilities of the company’s management team，Internal management process is studying and judging market trends、Accuracy in formulating business strategies, etc.、Timeliness improved significantly，Enhanced ability to cope with market competition；Internet products developed in the early stage are gaining traffic、The role of improving efficiency is revealed，The company's products and services have gained comparative advantages in price and experience。

In terms of business development，188bet online sports betting targets the increasingly mainstream trend of outbound independent travel consumption，Existing advantages based on fragmented products，In product strategy、Strengthening product development for independent travelers，especially 80、Research on the consumption characteristics of post-90s customer groups，Clearly build intelligence、Positioning of scenario-based outbound travel business ecology，Development ideas are becoming increasingly clear。188bet online sports betting in Shenzhen、Branch offices opened successively in Wuhan，Add original branch，The number of service network locations nationwide has increased to 7，Coverage further expanded，Achieved effective coverage of major outbound customer origins，Laid the foundation for the improvement of subsequent service network encryption and expansion。188bet online sports betting Huan Baidu、Tencent、Alipay reaches cooperation，Introducing 188bet online sports betting visa services to the aforementioned platform，Enhancing online traffic acquisition capabilities。Also，188bet online sports betting also completed the equity acquisition of two offshore companies Fly upwards Group limited and New Byecity International Travel limited overseas，Building channels and platforms for subsequent resource integration in overseas destinations，It also facilitates cooperation with overseas suppliers。

The main reason for the loss during the reporting period is that 188bet online sports betting is still in the business expansion period of the Internet industry company，The research and development of new systems and the upgrading of original systems require a large amount of capital investment。

At the 2016 China Tourism Consumption Innovation Summit hosted by Zhihui on June 16 this year，188bet online sports betting Travel CEO Zeng Song mentioned，Starting a business requires the "Da Vinci Footwork" of "6 inside and 2 outside"，“Inner 6” is the user ecology、Human Ecology、Financial Ecology、Business Ecology、Capital Ecology、Internet Construction，“Outside 2” refers to the industry environment and the big economic cycle。And the future expansion path of platform companies，To survive on a foothold，Shift from low-price expansion to value orientation。Zeng Song said，The founder of an enterprise "must have the mentality of spending ten or even twenty years"、Perseverance and faith to build an excellent enterprise，Instead of treating the company as a fast-moving consumer goods，Especially low-frequency outbound travel，Users must hug you 5 to 10 times and recognize you to create value，Any wrong step will lead to failure。”It is not difficult to see by comparing the development pace in recent years，188bet online sports betting is indeed expanding steadily with "Da Vinci's steps"。