LIFE TRAVEL Business Summary

Life Travel (2745.TWO) is a leading Taiwanese travel service provider that operates a transaction-based revenue model, generating income through commissions and service fees from outbound group tours, independent travel (FIT) packages, and corporate travel management (B2E). The company’s primary business segments are categorized into international package tours—with a dominant market share in Northeast and Southeast Asian routes—and a comprehensive travel services division covering air ticketing, hotel reservations, and visa processing. In 2025, the firm reported record revenues of TWD 8.76 billion, a 15.8% year-over-year increase, fueled by its "New Life Travel" strategy which emphasizes high-margin, experience-led tourism over traditional price competition. Within the competitive landscape of the Taipei Exchange, Life Travel competes directly with industry leader Lion Travel (2731.TW), Phoenix Tours (5706.TW), and Richmond International Travel (2743.TWO). Positioned as a high-growth challenger, Life Travel is currently executing a "Double Ten" expansion plan, aiming to become the second Taiwanese agency to surpass TWD 10 billion in annual revenue by scaling its retail footprint to 24 locations and optimizing its 500,000-member digital loyalty ecosystem. The company was established in 1988 by Founder and Chairman Hsu Hung-chi, a veteran of the Taiwanese tourism industry who has guided the firm from a regional agency to a publicly traded enterprise. Operational leadership is currently spearheaded by General Manager Wang Zhe-yan, who serves as the chief architect of the company’s digital transformation and its pivot toward the lucrative corporate incentive and bespoke travel markets. The leadership team is characterized by deep industry pedigree, with a focus on cultivating "multi-functional" talent to bridge the gap between traditional retail service and modern e-commerce. The board of directors remains closely aligned with the founding vision, maintaining a conservative financial profile with a debt-free balance sheet and a consistent dividend payout policy. This stability, combined with a 60% surge in digital platform traffic as of early 2026, has solidified Life Travel’s standing among domestic institutional investors as a premier vehicle for exposure to the Asia-Pacific outbound travel recovery.