Ctrip Repurchase stock Art Dragon benefits employees

Washington (reporter Liao Feng) Nearly two days, Ctrip, Yi Long Travel Network has disclosed the third quarter of this year's results report. Ctrip said that the net profit growth rate slowed down, mainly because the industry intensified competition and hotel and airline direct sales capacity.　　Art Dragon CEO Cui revealed that the online hotel reservation business continued to grow, is the art of long to achieve continuous high-speed growth of the important reasons.　　Cui announced that the Arts Dragon launched an amount of 100 million yuan "employees interest-free loan scheme" to help the company director level below, work more than 1.5 of the employees to buy houses, car, enjoy education, medical and so on. Yesterday, Ctrip CFO Sun said the board had approved a 150 million dollar share repurchase plan. "Stock buybacks are a better way to repay investors when their share prices fall sharply on the stock market," he said.　　">> Earnings data art Dragon net profit growth lead Ctrip: The third quarter to achieve net revenue of 975 million yuan, an increase of 20%; net profit of 325 million yuan, 2% year-on-year." Yi Long: The third quarter of the company net revenue of 164 million yuan, 19% year-on-year increase, and net profit of 9.4 million yuan, increased by 683%.