FINANCIAL OVERVIEW

Changes of Sinorama from 2015 to 2016

2015

Sinorama Holidays (Toronto) gets its wholesale license, which helps Sinorama become a leading company in the North American English-speaking market and lays a solid foundation for Sinorama to enter the US market.

The number of Sinorama's bus tour customers in North America and Europe reaches a milestone of 100,000.

In 2015, Sinorama organizes customers from over 50 countries and regions to visit China, its annual Asian tour customers reaches 27,000 people.

2016

Sinorama will gradually augment its market share and evolve into OTA mode. Sinorama also launches its Chinese outbound tourism business in North America and Europe.

Sinorama trains overs 200 tour leaders in the European, American and Chinese markets, covering such languages as English, French, German, Spanish, Japanese and Korean.

Its annual Asian tour capacity reaches the number of 35,000.

 

Note: The 2016 data is retrieved from the first version of audit report and may be subject to change. Please refer to the final SEC filing for accuracy.