Tongcheng Travel and Ping An Bank Sign Strategic Cooperation Agreement

Key points

• Tongcheng Travel and Ping An Bank signed a strategic cooperation agreement establishing a long-term strategic partnership.
• Cooperation spans finance, insurance, commerce, health and technology, embedding integrated financial services into planning, booking, travel, destination life and industry-chain treasury management.
• The two sides will deepen cooperation in integrated finance, settlement and cash management, and financing services, using Ping An Bank products such as Settlement Express to expand settlement business.
• Financing scenarios include cross-border syndicated loans, M&A financing, supply-chain notes and inclusive financing.
• The partners will leverage Ping An Group's integrated financial resources to expand cooperation in healthcare and business travel.
• Pilots will prioritise travel management, credit-card travel benefits, supplier finance and cash management, before extending to cross-border travel and direct corporate financing.
• As of Q2 2026, Tongcheng Travel reported 254 million annual paying users, 2.04 billion cumulative annual service instances, and more than 3,500 hotels in operation.