- Business
- Chengdu New Tianfu Culture Tourism Development Co., Ltd. operates primarily in the cultural tourism, sports, film and television, and real estate sectors. The company’s core products and services include snow and ice tourism, integration of video and tourism businesses, conference and exhibition organization, sports venue investment and management, sports events and entertainment, physical education training, sports financing services including leasing of sports assets, and a small scale of real estate leasing and sales. It also engages in clean energy development and petrochemical trade through its energy segment. The company operates mainly in Mainland China with projects such as the Xiling Snow Mountain scenic area.
Founded in 1994 and headquartered in Chengdu, China, Chengdu New Tianfu Culture Tourism Development has recently signed cooperation agreements expanding its presence in the tourism and sports sectors. A notable recent development includes its controlled subsidiary winning the bid for managing the Xiling Snow Mountain Scenic Area, coupled with new service outsourcing projects to enhance tourism experiences there. The company has also updated terms for public-private partnership (PPP) contracts related to a sports center project. Financially, it achieved a revenue increase in 2024 driven by growth in snow tourism, film and television, and cultural tourism segments, despite a net loss reported for the year. The company continues efforts to become a leading enterprise in integrating culture and tourism industries domestically.
Chengdu New Tianfu Culture Tourism Development targets consumers across cultural tourism, sports enthusiasts, business conference attendees, and real estate clients. Its diversified portfolio spans leisure and recreation including sports clubs, training facilities, and large-scale events such as football and basketball tournaments. The company operates through several subsidiaries and emphasizes strategic partnerships and technological development in clean energy and sports financing products. It is recognized nationally for its contributions to sports industry integration and tourism development in China. Recent expansions and stakeholder restructuring indicate its continued focus on growth through service innovation and operational enhancements.