Universal Travel Group Celebrates First Day of Trading on NYSE Amex

Dépèche transmise le 28 mai 2009 par Business Wire

Universal Travel Group Celebrates First Day of Trading on NYSE Amex

Universal Travel Group Celebrates First Day of Trading on NYSE Amex

NEW YORK--(BUSINESS WIRE)--China-based Universal Travel Group today opened for trading on NYSE Amex under the ticker symbol “UTA.” Universal Travel Group is the fifth company to list on the NYSE Amex market in 2009, and the third Chinese company to list on NYSE Amex year-to-date.

The NYSE Amex market is NYSE Euronext’s U.S. platform for the listing and trading of domestic and international small-and mid-cap growth companies, with a roster of 430 listed companies.

“We are pleased to welcome the listing of Universal Travel Group, a growing service provider in the travel industry, on NYSE Amex,” said Michael Yang, Chief Representative of Beijing Office, NYSE Euronext. “NYSE Amex provides an excellent platform for China’s developing consumer and service companies. We look forward to a lasting partnership with Universal Travel Group.”

"Since becoming a public company, we have not only devoted a great deal of resources in expanding our growth and increasing our profitability but also in improving our corporate governance to meet the requirements of NYSE Amex. We are pleased that our efforts have yielded results and we are now approved to list on the NYSE Amex. We believe this listing will encourage a larger, more diverse group of investors and analysts to follow our company," said Ms. Jiangping Jiang, Chairwoman and CEO of Universal Travel Group. "We expect that our listing on this exchange will serve as an excellent platform to enhance our visibility in the US capital markets, increase the attractiveness, liquidity and marketability of our stock, and expand our investor base."

NYSE Euronext-listed Chinese Companies (4.30.09):

-- NYSE Euronext’s exchanges have 67 companies listed from Greater China: 58 companies from Mainland China, 4 from Hong Kong, and 5 from Taiwan. NYSE Amex lists 11 companies from Greater China.

-- The People’s Republic of China is one of the largest sources of listed companies from the Asia-Pacific region. The 67 companies from Greater China represent 55% of the more than 110 NYSE Euronext-listed companies from the Asia-Pacific region.

-- The total global market capitalization of NYSE Euronext-listed companies from Greater China is nearly $1 trillion. In 2007, NYSE Euronext’s exchanges listed 20 companies from Greater China, including 18 IPOs. In 2008, NYSE Euronext’s exchanges listed 7 companies from China, including 4 in Europe on NYSE Alternext.

About Universal Travel Group (NYSE Amex: UTA)

Universal Travel Group, a growing travel services provider in the PRC, is engaged in providing reservation, booking, and domestic and international travel and tourism services throughout the PRC via the internet and through customer representatives. Under the theme "Wings towards a more colorful life" the Company's core services include tour packaging for customers, booking services for air tickets and hotels, as well as air cargo transportation. In 2007, Universal Travel Group completed the acquisitions of Speedy Dragon, specializing in air cargo transportation; Xi'an Golden Net, specializing in travel packaged tours; Shanghai LanBao, specializing in hotel reservation; and Foshan Overseas International, a PRC-based company that handles domestic and international travel inquiries. Universal Travel Group's goal is to become the PRC's leading travel services provider in all fields of the tourism industry including the aviation, cargo, hotel booking and tour packaging segments. For more information about the Company, please visit http://us.cnutg.com .

About NYSE Euronext

NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit: www.nyx.com.

Cautionary Note Regarding Forward-Looking Statements

This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.

Business Wire

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