Tuniu Company (TOUR) Q1 2025 Earnings Name Transcript

Tuniu Company (NASDAQ:TOUR) Q1 2025 Earnings Convention Name June 12, 2025 8:00 AM ET

Firm Individuals

Anqiang Chen – Company Participant
Monetary Controller – Company Participant
Dunde Yu – Founder, Chairman & CEO
Mary Chen – Investor Relations Director

Convention Name Individuals

Operator

Hi there, and thanks for standing by for Tuniu’s 2025 First Quarter Earnings Convention Name. [Operator Instructions] Immediately’s convention is being recorded. You probably have any objections, chances are you’ll disconnect presently.

I’d now like to show the assembly over to your host for as we speak’s convention name, the Director of Investor Relations, Mary.

Mary Chen

Thanks. and welcome to our 2025 first quarter earnings convention name. Becoming a member of me on the decision as we speak are Dunde Yu, Tuniu’s Founder, Chairman and Chief Govt Officer; and Anqiang Chen, Tuniu’s Monetary Controller.

For as we speak’s agenda, administration will talk about enterprise updates, operation highlights and monetary efficiency for the primary quarter of 2025. Earlier than we proceed, I refer you to our secure harbor assertion within the earnings press launch, which applies to this name as we’ll make forward-looking statements.

Additionally, this name consists of discussions of sure non-GAAP monetary measures. Please seek advice from our earnings launch, which incorporates a reconciliation of non-GAAP measures to probably the most straight comparable GAAP measures. Lastly, please notice that until in any other case said, all figures talked about throughout this convention name are in RMB.

I’d now like to show the decision over to our Founder, Chairman and Chief Govt Officer, Dunde Yu.

Dunde Yu

Thanks, Mary. Good day, everybody. Welcome to our first quarter 2025 earnings convention name.

Within the first quarter, our core enterprise maintained regular development with revenues from packaged excursions rising by 19% year-over-year. The home journey market demonstrated constant development momentum with a notable surge throughout this yr’s spring competition. For outbound excursions, regardless of headwinds confronted