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600358 CITS United what does it do

CITS United Co., Ltd. was founded in Nanjing on December 28, 1998, and approved by the China Securities Regulatory Commission, was listed and traded on the Shanghai Stock Exchange on September 22, 2000 (stock abbreviation: CITS United, stock code: 600358). The company's main business is based on hot springs, land and other irreplaceable resources, focusing on the development of hot springs around the city leisure resort development, management and operation of hot springs and city center hot springs business club operation business.

Main business

Based on irreplaceable resources such as hot springs and land, the company focuses on the development, management and operation of hot spring leisure resorts around cities and the operation of hot spring business clubs in city centers.

The company now has six wholly-owned (or holding) subsidiaries, including Nanjing CITS United Tangshan Hot Spring Development Co. The company's Nanjing Yangshan Stepping Stone Ming Cultural Village Scenic Spot and Yishang Chongqing Beibei Hot Spring Resort are national 4A-level tourist attractions.

The company carries out branded chain operation, taking the hot spring resort around the city and the high-end club in the core area of the city as the main development direction, forming the two core brands of "Yishang Hot Spring" and "Yijin Club", which are the focus of the company's development and strategic model. The two core brands of "Yi Shang Hot Spring" and "Yi Jin Clubhouse" have been formed as the company's development focus and strategic model. "Yishang Hot Springs" is a chain of leisure and vacation projects with hot springs as the core resource, under which there are Yishang-Nanjing Tangshan Hot Springs Resort, Yishang-Chongqing Beibei Hot Springs Resort and Yishang-Linyi Hot Springs Resort; "Yijin Club" is a high-end leisure and vacation project centered on city-type high-grade integrated clubs. Yijin Club is a high-end leisure and vacation brand centered on city-type high-end integrated clubs, and its Yijin-Beijing Hot Spring Club and Yijin-Nanjing Egret Island Club have been opened for business.

The company adheres to the enterprise spirit of "responsibility, tenacity, cooperation and innovation", and takes "starting from the demand, let the customer be satisfied" as the management tenet, in order to stabilize the position of the domestic industry leader and gradually expand the market share, and at the same time, to create professional management team and enhance the brand awareness. With the strategic goal of creating a professional management team, enhancing brand awareness and forming core competitiveness, the company will gradually become a highly specialized full-service investment and development enterprise with strong competitiveness in the domestic hot springs and leisure industry, providing more professional and high-quality services for the society and creating greater returns for shareholders.