1620 fundamentals

Cinese International Group Holdings Ltd. is an investment holding company, which engages in air ticket distribution, travel business process management, other business process management, and travel products and services in Canada and the United States. It operates through the following segments: Air Ticket Distribution, Travel Business Process Management, Travel Products and Services, and Other Business Process Management. The Air Ticket Distribution segment sells air tickets on behalf of airlines in exchange for margin income and incentive commissions from airlines. The Travel Business Process Management segment performs certain administrative and management services mainly for travel agencies in exchange for travel business process management fees. The Travel Products and Services segment is involved in the packages of various travel products from suppliers into company operated tours. The Other Business Process Management segment refers to certain translation and agent services on behalf of a healthcare company in exchange for business process management fees. The company was founded by Pik Fong Tsang in 1976 and is headquartered in Hong Kong.