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Fosun Tourism and Culture Group, abbreviated as “Fosun Travel Culture”, also known as FOLIDAY (short for Fosun Holiday), is an important part of the “Happy” segment of Fosun's three strategic businesses of “Health, Happiness, and Abundance.” As a global leader in family leisure vacations, Fosun Travel proposed the concept of “Everyday is Foledy”, 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 integrated tourism groups focusing on leisure vacations. It is the world's largest leisure resort group. It uses “industrial operation+strategic investment” two-wheel drive to integrate the entire industry chain layout and global resources around the leisure vacation needs of families around the world. Foliday owns Club Med, which originated in France, which provides an all-inclusive leisure and vacation experience, and Sanya Atlantis, a high-end one-stop entertainment, leisure and comprehensive tourist vacation destination. Foliday has invested in Thomas Cook, one of the world's oldest leading travel groups, and has established a joint venture with it, Cooley, to provide high-quality travel products and services. FOLIDAY's business also includes Aibinon, a travel destination specialist operator, Fanxiu, a provider of cultural and entertainment activities, Minixiu, an international family fun club, online travel platforms and travel agencies, and revisit clubs around the world. Taking into account endogenous growth and mergers and acquisitions, FOLIDAY will make full use of Fosun's investment and industrial operation capabilities, continue to invest in value and integrate mergers and acquisitions around leisure vacations around the world, and intelligently create a full-cycle, globalized, and full-industry C2M tourism ecosystem. We are committed to making FOLIDAY synonymous with a family vacation experience, and the “Everyday is Foledy” lifestyle we advocate aims to incorporate increasingly diverse travel and leisure concepts into everyday life.

Company Profile

Listing Date12/14/2018
Issue Price15.60
Shares Offered214.20M share
RegistrationCayman Islands
ChairmanXiaoliang Xu
SecretaryMeixia Gan
Audit InstitutionErnst & Young
Company CategoryOverseas registration of Mainland Individuals control
Registered OfficeHarneys Fiduciary (Cayman) Limited 4th Floor, Harbour Place, 103 South Church Street P.O. Box 10240 Grand Cayman KY1-1002 Cayman Islands
Head Office and Principal Place of BusinessRooms 808 and 2101-2106, ICBC Tower, 3 Garden Road, Central, Hong Kong
Fiscal Year Ends12-31
MarketHong Kong motherboard
Business Fosun Tourism and Culture Group is a Chinese company focusing on the leisure vacation travel business. The company mainly operates resorts through Club Med and Club Med Joyview. The company is also engaged in the development, operation and management of tourist destinations such as Atlantis in Sanya, as well as the management of third party destinations. Additionally, the company provides services and solutions based on vacation scenarios.

Company Executives

  • Name
  • Position
  • Salary
  • Xiaoliang Xu
  • Chairman,Nomination Committee Chairman,Strategy Committee Chairman,Executive Director
  • 1.34M
  • Henri Giscard d'Estaing
  • Strategy Committee Member,Vice Chairman,Co-CEO,Executive Director
  • --
  • Bingbin Xu
  • Remuneration Committee Member,Co-President,Club Med China CEO,Executive Director
  • 3.79M
  • Xianan Cai
  • Executive Director,VP,CFO,Authorized Representative
  • 3.69M
  • Jiannong Qian
  • Lifetime honorary chairman,Non-Executive Director
  • 10.90M
  • Donghui Pan
  • Non-Executive Director
  • 433.00K
  • Zhen Huang
  • Non-Executive Director
  • --
  • Zhiwen Sheng
  • Nomination Committee Member,Strategy Committee Member,Audit Committee Member,Independent Non-Executive Director
  • 515.00K
  • Yongqing Guo
  • Remuneration Committee Member,Independent Non-Executive Director,Audit Committee Chairman
  • 515.00K
  • Katherine Rong Xin
  • Nomination Committee Member,Remuneration Committee Chairman,Independent Non-Executive Director,Audit Committee Member
  • 515.00K
  • Jianmin He
  • Independent Non-Executive Director,Audit Committee Member,Strategy Committee Member
  • --
  • Minglong Cao
  • Chief Operating Officer,Chairman of Thomas Cook Group Group,President
  • --
  • Michel Wolfovski
  • Club Med Deputy CEO and Chief Financial Officer
  • --
  • Weijin Fang
  • General Manager of Human Resources Center,VP
  • --
  • Jiangjun Bao
  • Executive President,President of the Vacation Asset Management Center
  • --
  • Meixia Gan
  • Authorized Representative,Company Secretary
  • --
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