China Tourism Group Asset Development Co., Ltd. (CTG ASSET), with a registered capital of 1 billion yuan, is a CTG subsidiary focusing on asset operation management and strategic investment incubation. CTG ASSET operates 33 wholly-owned, controlled or CTG-invested companies, covering commercial and office property management, tourism transportation, self-driving tour and RV tour, asset operation and disposal, as well as tourism culture and media. By managing existing assets and incubating incremental businesses, CTG ASSET is exploring new business models in tourism-related transportation and media, and launching new tourism product, in a bid to establish a professional and market-oriented investment and asset operation platform.