| cXpress
Partners |
 |
| China
Xpress Travel intends to invest into 4 levels of partnerships
with travel companies globally. This creates a global selling
partnership and the sharing of information and knowledge in
an ever-changing travel industry. |
| The
4 levels of partnerships are as follow: |
| Level
I - China Xpress Partners |
| China
Xpress Group takes a 5% ownership in these travel companies.
China Xpress does not participate in management or have any
representation in these travel companies. |
|
Level
II - China Xpress Partners
|
|
|
China
Xpress Group takes a 55% ownership in these travel companies.
China Xpress reserves the right to participate in the management
and have representation on the Board of Directors.
|
|
Level
III - China Xpress Partners
|
|
|
China
Xpress Group takes a 55% to 95% ownership in these travel
companies. China Xpress normally exercises such acquisitions
on the request of the travel company or a partner who wishes
to retire from the business. It is normally extremely difficult
for a small individual travel business to carry on when an
owner retires. However, with China Xpress already owning 55%
in these travel companies, a decision to increase its ownership
to 95% will be an easy one.
|
| Level
IV - China Xpress Franchise Partners |
|
| China
Xpress Group offers an owner-operator travel store under its
China Xpress Franchise System. This makes owning a travel business
easy and effective with franchisees focussing on sales and servicing
of clients while China Xpress provides all other support functions
to the business. |
| Partner
benefits |
|
1.
|
Access
to travel news updates |
|
2.
|
Access
to new products |
|
3.
|
Access
to joint group advertising |
|
4.
|
Access
to cross selling facilities among members |
|
5.
|
Access
to competitive products |
|
6.
|
Access
to receivable financing |
|
7.
|
Access
to purchasing of acceptable receivables |
|
8.
|
Access
to working capital facilities |
|
9.
|
Access
to banker guarantee facilities |
|
10.
|
Access
to capital by subscription of new shares from travel agencies |
| Partner
management benefits |
|
1.
|
Access
to Travel Agent Systems |
|
2.
|
Access
to Airline Ticketing Systems |
|
3.
|
Access
to Hotel Reservation Systems |
|
4.
|
Access
to Package Tour Booking Systems |
|
5.
|
Access
to Business Class Travel Systems |
|
6.
|
Access
to Super Luxury Travel Systems |
|
7.
|
Access
to Special Occasion Travel Systems |
|
8.
|
Access
to Travel Industry Payment Systems |
|
9.
|
Access
to Car Hire Systems |
|
10.
|
Access
to Travel Agent Account Systems |
| 11. |
Access
to Broadcast Systems |
| 12. |
Access
to Training Facilities |
