- Business
- TravelSky Technology Limited (stock code: 00696.HK), a subsidiary of China TravelSky Holding Company Limited, provides information technology solutions for China's aviation and travel industry. The company offers aviation information technology services including electronic travel distribution with inventory control systems, computer reservation systems, and airport passenger processing; accounting, settlement, and clearing services for the aviation sector; airport information technology services; distribution information technology services; air cargo data processing; internet travel platforms; domestic and international transport revenue management systems; e-ticket and e-commerce solutions; data services; and information management systems. It also provides cargo management, data network services, e-tourism distribution, freight management, trade financing, domestic and inbound travel services, hardware and system consulting, system integration, tourist information consulting, data processing, training, and commercial services; additionally, the company engages in the sale and installation of related information systems, computer software and hardware development, real estate development and sales, and technology consulting and support. Founded in 2000 and headquartered in Beijing, China, TravelSky operates primarily in the People's Republic of China with over 20 domestic subsidiaries such as Accounting Centre of China Aviation Limited Company and Cares Shenzhen Co., Ltd., as well as overseas subsidiaries in Hong Kong, Singapore, Ireland, Japan, and South Korea, and equity interests in associates including TravelSky Mobile Technology Limited; the company serves commercial airlines, airports, air travel product suppliers, travel agencies, corporate clients, travelers, and cargo shippers across more than 300 Chinese cities and select international locations. Recent developments include the announcement of 2024 annual results on March 27, 2025, highlighting focus on core competencies and high-quality development; 2025 interim results on August 22, 2025, emphasizing core business areas, technological innovation, and service efficiency; continuing connected transactions such as new data center racks tenancy and ancillary services contracts in April 2025, computing power services contract in August 2025, and supplemental agreements; proposed amendments to articles of association, abolishment of the supervisory committee, and board working rules in August 2025; appointments of executive directors and vice general managers in 2025; and changes in non-executive directors and supervisors.