---
title: "TONGCHENGTRAVEL performs well and increases dividends, standing firm against the market | Tang Niu"
description: "TONGCHENGTRAVEL (780) performed excellently in the Hong Kong stock market, rising 4% last Friday despite the overall market decline. The company's latest financial report shows a 46% year-on-year incr"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/232872428.md"
published_at: "2025-03-23T22:11:24.000Z"
---

# TONGCHENGTRAVEL performs well and increases dividends, standing firm against the market | Tang Niu

> TONGCHENGTRAVEL (780) performed excellently in the Hong Kong stock market, rising 4% last Friday despite the overall market decline. The company's latest financial report shows a 46% year-on-year increase in revenue to 17.3 billion yuan, with adjusted EBITDA rising by 30% to 4.05 billion yuan. Profit for the period increased by 27% to 2.2 billion yuan, and the final dividend was raised by 20% to 0.18 yuan per share. Revenue from international flight and hotel businesses doubled, and the HOPEGOO platform has been fully launched to support payments in multiple currencies globally

TONGCHENGTRAVEL shows strong performance and increases dividends despite market downturn | Tang Niu

Hong Kong stocks experienced another surge last week, with declines on Thursday and Friday accumulating to over a thousand points. The Hang Seng Index has once again closed below the 20-day moving average since mid-January, and the only way to manage risk is to reduce positions to protect this year's profits. Although the market conditions are mediocre, companies with impressive earnings remain resilient, such as TONGCHENGTRAVEL (780), which rose 4% against the market trend last Friday, earning respect.

## The sincerity of increasing dividends is evident

TONGCHENGTRAVEL recently announced its annual results, with revenue growing by 46% year-on-year to RMB 17.3 billion, adjusted EBITDA increasing by 30% to RMB 4.05 billion, and net profit rising by 27% to RMB 2.2 billion. The final dividend increased by 20% to RMB 0.18 per share. Although the dividend yield is not high, the sincerity of the increased dividend is evident.

TONGCHENGTRAVEL is the world's first online travel platform to integrate DeepSeek. Currently, 40% of the foundational code in the platform's development has been completed by AI. Additionally, it has independently developed a generative artificial intelligence system focused on travel called "Chengxin," which helps customers create personalized itineraries and accommodations based on their preferences. Last year, it successfully integrated with DeepSeek technology, achieving significant efficiency.

## International online platform becomes a new engine

In terms of core business, revenue from international flight and hotel services has doubled, with accommodation revenue reaching a new high of RMB 4.67 billion. The total number of service users increased by 9% year-on-year to 1.93 billion, and the number of annual paying users rose by 1.5% to 240 million. The international online platform HOPEGOO has been fully launched, supporting payments in 16 currencies and multiple operating languages, including Hong Kong, and is expected to become a new engine for growth.

From the chart, TONGCHENGTRAVEL has been fluctuating between the large range of RMB 17 to 21 for nearly six months. It is advisable to buy below the midpoint of RMB 19 to capitalize on volatility. If it breaks through RMB 21, a breakout strategy can be adopted, as the high is not yet considered high.

Tang Niu

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This column is published every Monday and Wednesday.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
