Universal Travel Group (NYSE-Listed UTA ) visits the NYSE. In honor of the occasion, CEO Jenny Jiang rings The Opening BellSM in celebration of the company’s recent listing on NYSE Amex on May 28, 2009.
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Universal Travel Group (NYSE Amex: UTA)
Universal Travel Group is the first Chinese company in the travel and tourism industry to list on NYSE Amex and the seventh company to list on NYSE Amex in 2009, year-to-date.
Universal Travel Group, a growing travel services provider in the PRC, is engaged in providing reservation, booking, and domestic and international travel and tourism services throughout the PRC via the internet and through customer representatives. Under the theme "Wings towards a more colorful life" the Company's core services include tour packaging for customers, booking services for air tickets and hotels. In 2007, Universal Travel Group completed the acquisitions of Speedy Dragon, specializing in air cargo transportation; Xi'an Golden Net, specializing in travel packaged tours; Shanghai LanBao, specializing in hotel reservation; and Foshan Overseas International, a PRC-based company that handles domestic and international travel inquiries. In 2009, Universal Travel Group sold Shenzhen Speedy Dragon to focus on more profitable travel related businesses and its cost effective TRIPEASY Kiosks expansion. Universal Travel Group's goal is to become the PRC's leading travel services provider in all fields of the tourism industry including the aviation, cargo, hotel booking and tour packaging segments. For more information about the Company, please visit http://us.cnutg.com.
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