P.23-Our aggregate equity interest in Home Inns was approximately 15.39% of the total outstanding ordinary shares of Home Inns as of December 31, 2013.
P.26-In March 2010, we acquired approximately 9% of the total equity interest in Hanting, a leading economy hotel chain in China.
P.24-In December 2013, we acquired approximately 4% equity shares in Keystone Lodging Holdings Limited, or Keystone, which for a total purchase price of approximately US$25.5 million. Keystone in 2013 merged in 2013 with 7 Days Group Holdings Limited, or 7 Days, a leading economy hotel chain based in China.
P.F-17-In August, 2013, the Company completed the transaction to acquire controlling shares of a B2B hotel reservation company, through which the Company expects to further enrich its hotel products and to expand in hotel business. The purchase consideration is approximately RMB46 million (US$8 million). The Company purchased 51% equity interest of a B2B hotel reservation company.
P.F-17-In August, 2013, the Company completed the transaction to acquire 100% of the share capital of a wholesaler operated hotel reservation and air ticketing services, which the Company expects to complement its existing business and achieve significant synergies. The purchase consideration is HK$120 million (US$16 million).
P.24-In October 2013, we entered into share purchase agreements to acquire 20.0% equity stake of Easy Go Inc., or Easy Go, by subscribing its Series B convertible preferred shares with a total consideration of US$ 23 million.
P.24-In December 2013, we entered into a share purchase agreement with eHi Auto Services Limited, or eHi, one of the largest car rental companies in China, to acquire a 19.6% equity stake by subscribing its Series E convertible preferred shares with a total consideration of US$ 94.05 million.
D、投资移动酒店预订公司（Happy City Holding Limited，快捷酒店管家占33%）
P.F-29-In June 2013, the Company entered into agreements to acquire 33% equity stake of the Series A preferred shares in Happy City Holding Limited, a privately owned mobile application software company, with total consideration of US$6 million. Through its subsidiaries in PRC, Happy City is engaged in development and operation of a mobile application for hotel searching and booking.
E、投资一家酒店客户点评监控和管理系统的公司（Shanghai Yishang Network Technology Co., Ltd，占股35%，应该是慧评网）
P.F-15-In November, 2013, the Company acquired 35% equity shares in Shanghai Yishang Network Technology Co., Ltd(“Yishang Network”) with a cash consideration of RMB13 million along with a contingent consideration (totally RMB22 million), resulting in the Company possessing the ability to exercise significant influence and meeting requirement to apply equity method of accounting. Yishang Network is engaged in development and operation of a hotel customer reviews monitoring and management system.
P.F-44-In October 2012 and February 2013, a subsidiary of the Company, Tujia, entered into a series of agreements with C-Travel, a wholly owned subsidiary of the Company, and other institutional investors to issue 70,380,000 Series A redeemable convertible preferred shares (“Series A preferred shares”) with total consideration of US$14.6 million and 33,333,333 Series B redeemable convertible preferred shares (“Series B preferred shares”) with total consideration of US$36.7 million. All of the Series A Preferred Shares and the Series B Preferred Shares issued by Tujia are collectively referred to as the“Preferred Shares”. The Company assessed it has the right to consolidate Tujia after the issuance of Series A and B redeemable convertible preferred shares. The shares held by investors other than Ctrip are recorded as non-controlling interests.
P.F-15-In October, 2013, the company contributed 5% equity shares in Zhong An Online Property Insurance Co., Ltd with RMB 50 million.
P.F-46 In December 2013, the Company entered into agreements to acquire controlling equity stake of Toursforfun, an online supplier specialized in tours and vacation packages for Chinese traveling abroad with a total consideration of US$23.09 million. The acquisition was closed in January 2014.
P.F-36-In September 2013, the Company entered into agreements with Yishang to provide entrusted loan of RMB 13 million. The entrusted loan has a one-year maturity period.
P.F-27-In December, 2013, in connection with the investment on Keystone (Note 8), the Company entered into a loan agreement with Felicity Investment Holdings Limited (“Felicity”) for a total amount of approximately US$29.5 million. The balance of the loan and the compounded accrued interests will be received at the end of the 5 year term of the loan. The loan receivable is fully collateralized with shares of Keystone held by Felicity.
P.F-46-In January 2014, the Company offered an entrusted loan to one of its related parties, China Lodging Group, Limited, of RMB 300 million with maturity of one year, for daily operational purposes.
P.53-As of December 31, 2013, we had approximately 23,000 employees, including approximately 1,300 in management and administration, approximately 14,200 in our customer service centers, approximately 1,300 in sales and marketing, and approximately 6,200 in product development including supplier management personnel and technical support personnel.