Tengbang International: Travel Platform Can Change The Way Of Settlement.

In the latest investor relations activity record, the travel management cloud platform is the inheritance and upgrading of the original system.

This platform aims at enriching the connotation of domestic travel management, and lays a solid foundation for future Corporate Finance.

The company said that at present, the domestic

Business services to customers are mainly focused on air tickets and hotel reservation, as well as capital service. Apart from travel arrangements and travel reports, foreign countries have focused on helping customers make cost management 20 years ago (taking Concur company as an example).

However, there is no company that provides professional solutions to the closed loop management of customers from budgeting to travel to expense reimbursement.

Company travel management cloud platform project to enrich domestic

The purpose is to strengthen the function of the original system in terms of security assistance and work coordination. The two is to go deep into the field of customer cost management, improve the degree of customer adhesion, and lay a good foundation for the future Corporate Finance.

For TMC business needs

With the huge demand for funds, the company said that there are already other senior clients who are willing to adopt other means of settlement.

After launching a new cloud management platform for travel management, the company can intervene in the enterprise compliance management procedures, and can make changes in the settlement mode at an appropriate time, and there is a possibility of mutual promotion between the two sides.

At the same time, by providing cost management services, customer viscosity can be improved and the exclusiveness of travel management can be realized.

Tengbang international main business mainly by air passenger sales agent business, and provide hotel reservations, business and travel management and tourism and other services.

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Tengbang international announcement of non-public offering issued in June 2nd showed that this fund-raising fund will mainly be used for O2O international full channel operation platform, travel management cloud platform, Tourism Internet financial integrated service platform, and tourism and Internet financial data platform construction.

The company said that the traditional market environment of business travel has undergone tremendous changes in recent years, and the competition is becoming increasingly fierce. Tengbang international has put forward the strategy of "tourism + Internet + finance", and has completed its own business pformation through differential competitive strategy.

The announcement details the investment situation in the construction of the four major platforms of OTA: the total investment of O2O international full channel platform project is 895 million yuan; the project of cloud management platform for the travel management is expected to invest 180 million yuan; the total investment amount of the Tourism Internet financial integrated service platform project is 235 million yuan, and the total investment amount of the tourism and Internet financial data platform project is 162 million yuan.

For tengbang international "four platforms", Societe Generale Securities analysts believe that this is in the construction of a big tourism ecosystem of "Internet +", both cash flow means, but also enhance the sticky tourism ecosystem.

Tengbang international O2O international full channel operation platform can strengthen the tourism resource base; the travel management cloud platform provides comprehensive industrial chain solution through system upgrading; the Tourism Internet financial integrated service platform can form a high-level fusion of various systems, tourism and financial sections within the group; the tourism and Internet financial big data platform achieves data aggregation, interoperability and optimization of business products.