Fosun Tourism and Culture Group, abbreviated as “Fosun Travel & Literature,” is also known as FOLIDAY (abbreviation for Fosun Holiday), and is an important part of the “happiness” sector, one of Fosun's three strategic businesses of “health, happiness, and prosperity.” As a leader in family leisure vacations around the world, Fosun Travel & Tourism proposed the concept of “Everyday is Foliday,” 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 comprehensive tourism groups focusing on leisure and vacation. We are the world's largest leisure resort group. Driven by “industrial operation+strategic investment”, we carry out the entire industry chain layout and global resource integration around the leisure and vacation needs of global families. Foliday owns Club Med, a high-end one-stop entertainment and leisure and integrated travel and vacation destination, Atlantis Sanya, which originated in France, and invested in Thomas Cook, one of the world's oldest leading travel groups, and established a joint venture travel agency Kuyi with it to provide high-quality travel products and services. FOLIDAY's business also includes Abenon, an operator specializing in travel destinations, Fanshou, a cultural and entertainment provider, Miniversity, an online travel platform and travel agency return trips, and global member club reunion events. Taking into account endogenous growth and mergers and acquisitions, FOLIDAY will give full play to Fosun's investment and industrial operation capabilities, continue to carry out value investment and mergers and acquisitions around the world around leisure and vacation, and intelligently create a C2M tourism ecosystem with a full cycle, globalization, and entire industry chain. We are committed to making FOLIDAY synonymous with a family leisure vacation experience, and our “Everyday is Foliday” lifestyle aims to incorporate increasingly diverse travel and leisure concepts into everyday life.
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