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Ctrip The author of this article: Bu Jingyun​ 2021-02-24 12:03:43
Ctrip’s share price has risen gratifyingly, which is a good time for “secondary growth”.
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Although he did not comment on the market rumors of "secret submission",But Ctrip’s secondary listing in Hong Kong should be a high probability event。At the end of last year and the beginning of this year,Ctrip also made a large-scale adjustment to the company’s senior management,Perhaps "Welcoming" Ershang。

With Huawei、JD.com sets up rotating chairman、Different CEO systems,Ctrip Rotating COO (Chief Operating Officer)。

According to the email sent by Ctrip CEO Sun Jie,Tan Yudong, COO of Air Ticket Division, was promoted to CEO。Fang Jiqin, CEO of Business Travel Division, serves as Chairman,Zhang Yong, COO of Business Travel Division, becomes CEO。Ctrip sets up CEO and chairman configuration at the business unit level,Most companies have not adopted this structure。

From the perspective of income contribution,Ctrip 188bet app download has two other major business segments,i.e. tourism resort and hotel business,Corresponds to the accommodation business department and tourism business group。

The CEO of the Accommodation Division should still be Chen Ruiliang。Tourism Business Group,Mainly engaged in group tour products。End of last year,According to personnel adjustment,Jiang Hao, Senior Vice President of Ctrip, serves as CEO of Tourism Division,Report to Ctrip CFO Wang Xiaofan。Yang Tao, executive vice president of Ctrip, serves as chairman of the tourism division,Also serves as the CEO of the tourism business group,In charge of group service and quality。

Also,Ctrip also announced the implementation of a rotation system,The rotation period is one to two years。Xiong Xing serves as the first rotating COO,Responsible for air tickets、Hotel、Business Travel、IBU、Technology。

Ctrip’s current external chief operating officer/executive vice president is Sun Maohua,She was also the CEO of Ctrip Hotels。January 2018,Sun Maohua released an internal email saying,In order to cooperate with the company’s internationalization strategy,Improve your global vision and international leadership,will go to the University of Cambridge to study in the UK after the Spring Festival in 188bet Online Sports Betting and Casino 2018。Afterwards,There is very little news about Sun Maohua in public reports。

According to the promotion order in November last year,Sun Bo serves as executive vice president of the group,Responsible for the market、PRGR、Destination and Advertising Marketing、Content Community、User products and other customer development and other related work。

End of December,Zhang Tingting was appointed as Ctrip Marketing Executive President,And continue to serve as Chairman of Ctrip Financial Services、CEO,Also report to Ctrip CMO Sun Bo。

Ctrip’s latest personnel changes are still there,Chen Danmin serves as Vice President of Finance,Should report to Chief Financial Officer (CFO) Wang Xiaofan。Allegedly,Chen Danmin was in Ctrip’s last round of low-cost financing of US$1.8 billion,Make great achievements。

Ctrip’s biggest move in the capital market this year should be preparing for a secondary listing in Hong Kong。Tencent news,Ctrip has officially submitted its application for secondary listing to the Hong Kong Stock Exchange before the Spring Festival,And hired CICC、Goldman Sachs and JPMorgan Chase’s three investment banks’ listing sponsor teams。But Ctrip has “no comment”。

Since Alibaba’s second listing,188bet sports betting app download JD.com、NetEase、Yum China、ZTO Express、Huazhu Group、Baozun E-commerce and others completed secondary listing on Hong Kong stock market。Ctrip’s rumored scandal,Also Pinduoduo、Station B、Baidu has also been rumored many times to be "second in rank"。Baidu is also the largest shareholder of Ctrip。

As of the end of the third quarter of 2020,Ctrip cash and cash equivalents、Restricted Cash、Short-term investment、The balance of held-to-maturity deposits and financial products is 66.1 billion yuan。

The U.S. stock market has fluctuated greatly in recent days,Ctrip has increased by about 30% since February,The latest market value is US$23.7 billion,Set a new stage high;Approximately double from last year’s low。Although there is sufficient ammunition,但Ctrip’s share price has risen gratifyingly, which is a good time for “secondary growth”.

188bet sports betting app download *Source of this article:WeChat public account "Yehuo Finance" (ID:yehuocaijing),Author: Bu Jingyun,Original title: "Rumors of secondary listing are rising again, Ctrip is making extensive adjustments to its senior management》.

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