Sichuan-based 517NA, the operator of a leading Chinese B2B online ticketing platform, announced it is transferring its shares to a public company system and is listing on China’s New Third Board.
517NA is a high-tech firm that specializes in online industry information services. It has issued a total of 33 million shares. It travel website 517NA is one of China’s leading online travel trading platforms, offering domestic and international air ticketing, global hotel bookings and insurance. It is also one of China’s leading travel service companies (TSC) on Saas cloud platform.
517NA reported revenues of RMB97.416 million in its 2014 fiscal report, up 127.65% compared with the previous year. It also reported RMB14.617 million operating profit and RMB13.75 million net profit in the same period, representing a growth of 1154.8% and 1479.6% respectively from the previous year.(Translation by David）
