Business Context and Reporting Period
This Form 6-K filing by Ctrip.com International, Ltd. (Nasdaq: CTRP) covers the month of March 2007, with the report dated March 29, 2007. The company operates as a leading travel service provider in China, specializing in hotel accommodations, airline tickets, and packaged tours for business and leisure travelers.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial statements or performance data.
Material Changes
The primary material change reported is a modification to the Board of Directors:
- Resignation: Mr. Yoshihisa Yamada resigned from the board of directors effective March 29, 2007, after serving since June 2004.
- Appointment: Mr. Hideaki Yokomizo was appointed to the board to fill the vacancy created by Mr. Yamada's resignation.
Management Commentary and Outlook
James Liang, Chairman of Ctrip, expressed appreciation for Mr. Yamada's guidance and dedication. Regarding the new appointment, Mr. Liang stated that Mr. Yokomizo's extensive business experience and management background would be a tremendous asset to the company's growth. Mr. Yokomizo brings experience as Deputy General Manager of Rakuten Travel, Inc., having previously worked at PIA Corporation and McKinsey & Co.
Key Facts for Investor Verification
- Verify the effective date of the board changes (March 29, 2007).
- Confirm the professional background of the new director, Mr. Hideaki Yokomizo, specifically his role at Rakuten Travel.
- Note that this filing contains no financial performance data; investors should refer to the most recent Form 20-F or quarterly reports for financial metrics.