Fosun Tourism and Culture Group, abbreviated as “Fosun Travel Culture”, also known as FOLIDAY (short for Fosun Holiday), is an important part of the “Happy” segment of Fosun's three strategic businesses of “Health, Happiness, and Abundance.” As a global leader in family leisure vacations, Fosun Travel proposed the concept of “Everyday is Foledy”, or “Happy Every Day”, and is committed to creating a new FOLIDAY lifestyle to make families around the world happier. We are one of the world's leading integrated tourism groups focusing on leisure vacations. It is the world's largest leisure resort group. It uses “industrial operation+strategic investment” two-wheel drive to integrate the entire industry chain layout and global resources around the leisure vacation needs of families around the world. Foliday owns Club Med, which originated in France, which provides an all-inclusive leisure and vacation experience, and Sanya Atlantis, a high-end one-stop entertainment, leisure and comprehensive tourist vacation destination. Foliday has invested in Thomas Cook, one of the world's oldest leading travel groups, and has established a joint venture with it, Cooley, to provide high-quality travel products and services. FOLIDAY's business also includes Aibinon, a travel destination specialist operator, Fanxiu, a provider of cultural and entertainment activities, Minixiu, an international family fun club, online travel platforms and travel agencies, and revisit clubs around the world. Taking into account endogenous growth and mergers and acquisitions, FOLIDAY will make full use of Fosun's investment and industrial operation capabilities, continue to invest in value and integrate mergers and acquisitions around leisure vacations around the world, and intelligently create a full-cycle, globalized, and full-industry C2M tourism ecosystem. We are committed to making FOLIDAY synonymous with a family vacation experience, and the “Everyday is Foledy” lifestyle we advocate aims to incorporate increasingly diverse travel and leisure concepts into everyday life.
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