Tu Yi Holding Co Ltd 2020 AR2

The report highlights Tu Yi Holding Company Limited's performance and sustainability initiatives for the fiscal year 2020. Due to the COVID-19 pandemic, the company experienced a significant decline in its tourism and hotel operations, leading to a decrease in revenue to approximately RMB 30.9 million. In response, the company focused on expanding its cross-border online e-commerce business, 'Direct Courier from Shop Manager,' which saw substantial growth. The company also implemented various cost-saving measures and enhanced its IT platforms to prepare for the recovery of travel demands. Despite the challenges, the company continued to monitor and manage its environmental footprint, reporting a significant reduction in total greenhouse gas emissions.

Company: Tu Yi Holding Co Ltd

Sector: Consumer Discretionary

Country: China

Year: 2020

Type: AR2

Pages: 155

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Tu Yi Holding Co Ltd

Tu Yi Holding Co Ltd 2020 Annual Report

Annual Report

The report highlights Tu Yi Holding Company Limited's performance and sustainability initiatives for the fiscal year 2020. Due to the COVID-19 pandemic, the company experienced a significant decline in its tourism and hotel operations, leading to a decrease in revenue to approximately RMB 30.9 million. In response, the company focused on expanding its cross-border online e-commerce business, 'Direct Courier from Shop Manager,' which saw substantial growth. The company also implemented various cost-saving measures and enhanced its IT platforms to prepare for the recovery of travel demands. Despite the challenges, the company continued to monitor and manage its environmental footprint, reporting a significant reduction in total greenhouse gas emissions.

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Document Details

Report Year

2020

Reporting Period

Jan 1, 2020 - Dec 31, 2020

Fiscal Year

2020

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Employees