Core Viewpoint - The signing of the contract for the duty-free project at Beijing Capital International Airport is expected to have a positive impact on the company's future operating performance [1] Group 1: Contract Details - The company’s wholly-owned subsidiary, China Duty Free Group Co., Ltd., has signed a contract with Beijing Capital Airport Commerce Co., Ltd. for the duty-free project at Beijing Capital International Airport [1] - The project will operate in the international departure and arrival areas of Terminal 3, covering a total area of 10,646.74 square meters [1] - The operational period of the contract is from February 11, 2026, to February 10, 2034 [1] Group 2: Financial Terms - The minimum operating fee for the first year is set at 48.027 million RMB [1] - The sales commission rate for the first year is 5%, which will increase by 1 percentage point each year starting from the second billing year, with no further increases after the fifth billing year [1]

Market Overview - The Hong Kong stock market opened positively, with the Hang Seng Index rising by 0.43%, the National Enterprises Index increasing by 0.59%, and the Hang Seng Technology Index up by 0.88% [1][3]. Notable Stock Movements - BYD Company (01211) saw an increase of 3.53% - Geely Automobile (00175) rose by 3.31% - China Hongqiao (01378) increased by 3.28% - Li Auto (02015) gained 3.07% - In contrast, Xiaomi Group (01810) fell by 1.38%, JD Health (06618) decreased by 0.85%, and WuXi Biologics (02269) dropped by 0.31% [1][3]. Company Announcements - Longpan Technology (02465) opened 4.05% higher, announcing a change in its 2022 fundraising project plan. The annual production capacity for its new energy vehicle power and energy storage battery cathode material project was increased from 62,500 tons to 100,000 tons, a 60% increase from the original plan. The project investment is approximately 910 million RMB, with an internal rate of return of 12.59% and a payback period of 7.64 years. Completion is expected by May next year [1][3]. - MicroPort Scientific Corporation-B (02252) opened 6.7% higher after announcing that its self-developed bronchoscopic surgical robot, UniPath, received approval from the National Medical Products Administration [4]. - China Duty Free Group (01880) opened 6.78% higher, announcing that its wholly-owned subsidiary won the bid for the duty-free project at Beijing Capital International Airport, with a guaranteed operating fee of 480 million RMB for the first year and a sales commission rate of 5%. The contract is valid until February 10, 2034, for a maximum of 8 years [4]. Market Sentiment - Market sentiment was mixed, with U.S. stocks showing slight declines after a brief positive start. The S&P 500 index had reached a historical high before retreating. The U.S. dollar remained stable, and the yield on 10-year U.S. Treasuries fell to 4.13%. Gold prices continued to rise, while oil prices faced pressure [2][5]. - The mainland Chinese stock market showed a slight increase, with the Shanghai Composite Index rising by 0.1% and trading volume exceeding 2 trillion RMB [5]. - The Hong Kong market is expected to maintain a narrow trading range, fluctuating between 25,000 and 26,000 points [5].

Group 1 - The core point of the article is that China Duty Free Group (01880) has won a bid for a duty-free project at Beijing Capital International Airport, which is expected to enhance its market position and operational performance [1] - The company’s subsidiary, China Duty Free (Group) Co., Ltd., has been confirmed as the winning bidder for the project with a minimum operating fee of RMB 480 million for the first year and a sales commission rate of 5% [1] - The contract duration is set from the start date until February 10, 2034, not exceeding 8 years, which will strengthen the company's channel advantages in core domestic airports [1] Group 2 - The successful implementation of this project is anticipated to positively impact the company's future operational performance by meeting the diverse shopping needs of inbound and outbound travelers [1] - The project aims to enhance the diversified duty-free shopping experience, contributing to the high-quality development of airport duty-free business [1]

Group 1 - The core viewpoint of the article highlights that China Duty Free Group (China Duty Free) saw a significant increase in its stock price, opening nearly 7% higher and currently trading up 6.78% at HKD 81.1 [2] Group 2 - The trading volume for China Duty Free reached HKD 9.7482 million [2]

Core Viewpoint - China Duty Free Group (01880) has won a bid for the duty-free project at Beijing Capital International Airport, which is expected to enhance its market position and positively impact future financial performance [1][5]. Group 1: Bid Announcement - The company announced that its wholly-owned subsidiary, China Duty Free (Group) Co., Ltd., has been confirmed as the winning bidder for the duty-free project at Beijing Capital International Airport [1][5]. - The bid amount includes a guaranteed operating fee of RMB 480 million for the first year and a sales commission rate of 5% for the first year [1][5]. - The contract duration is set from the start date specified in the agreement until February 10, 2034, not exceeding 8 years [1][5]. Group 2: Market Impact - The signing of this project is expected to enhance the company's channel advantages at key domestic airports, catering to the diverse shopping needs of inbound and outbound travelers [1][5]. - This development aims to improve the diversified duty-free shopping experience and promote high-quality growth in airport duty-free business [1][5]. - If the project is successfully implemented, it will have a positive impact on the company's future operational performance [1][5].

Core Viewpoint - China Duty Free Group (China National Duty Free) has won a bid for the duty-free project at Beijing Capital International Airport, which is expected to enhance its market position and drive future revenue growth [1] Group 1: Bid Announcement - The company announced that its wholly-owned subsidiary, China Duty Free (Group) Co., Ltd., has been confirmed as the winning bidder for the duty-free project at Beijing Capital International Airport [1] - The bid amount includes a guaranteed operating fee of RMB 480 million for the first year, with a sales commission rate of 5% for the first year [1] - The contract duration is set from the start date until February 10, 2034, not exceeding 8 years [1] Group 2: Market Impact - The signing of this project is expected to enhance the company's channel advantages in key domestic airports [1] - It aims to meet the diverse shopping needs of inbound and outbound travelers, thereby improving the multi-faceted duty-free shopping experience [1] - Successful implementation of the project is anticipated to have a positive impact on the company's future operating performance [1]

Core Viewpoint - China Duty Free Group, a wholly-owned subsidiary of China National Duty Free Group, has won the bid for the duty-free project at Beijing Capital International Airport, which is expected to enhance the company's market position and operational performance in the airport duty-free sector [1] Group 1 - The company received a bid notification confirming its status as the winning bidder for the duty-free project at Beijing Capital International Airport [1] - The bid amount includes a guaranteed operating fee of RMB 480 million for the first year and a sales commission rate of 5% for the first year [1] - The operating period for the contract is set from the agreed start date until February 10, 2034, lasting no more than 8 years [1] Group 2 - The successful signing of this project will enhance the company's channel advantages at key domestic airports [1] - The project aims to meet the diverse shopping needs of inbound and outbound travelers, thereby improving the multi-faceted duty-free shopping experience [1] - The implementation of this project is expected to positively impact the company's future operational performance [1]

Core Viewpoint - China Duty Free Group, a wholly-owned subsidiary of China National Duty Free Group, has won the bid for the duty-free project at Beijing Capital International Airport, which is expected to enhance the company's market position and operational performance in the airport duty-free sector [1] Group 1: Bid Details - The company received a bid notification confirming it as the winning bidder for the duty-free project with a minimum operating fee of RMB 480 million for the first year [1] - The sales commission rate for the first year is set at 5% [1] - The contract duration is from the agreed start date until February 10, 2034, lasting no more than 8 years [1] Group 2: Strategic Implications - Winning this project will enhance the company's channel advantages at key domestic airports [1] - The project aims to meet the diverse shopping needs of inbound and outbound travelers, thereby improving the overall duty-free shopping experience [1] - Successful implementation of this project is expected to positively impact the company's future operational performance [1]

Core Viewpoint - China Duty Free Group has won a bid for the duty-free project at Beijing Capital International Airport, which is expected to enhance its market position and improve operational performance in the coming years [1] Group 1 - The company received a bid notification confirming its subsidiary as the winning bidder for the duty-free project at Beijing Capital International Airport [1] - The bid amount includes a guaranteed operating fee of RMB 480 million for the first year and a sales commission rate of 5% for the first year [1] - The operational period for the contract is set from the start date until February 10, 2034, lasting no more than 8 years [1] Group 2 - The signing of this project is anticipated to strengthen the company's channel advantages at key domestic airports [1] - The project aims to meet the diverse shopping needs of inbound and outbound travelers, enhancing the overall duty-free shopping experience [1] - Successful implementation of the project is expected to positively impact the company's future operational performance [1]

Core Viewpoint - China Duty Free Group has won a bid for the duty-free project at Beijing Capital International Airport, which is expected to enhance its market position and improve operational performance in the coming years [1] Group 1 - The company received a bid notification confirming its subsidiary as the winning bidder for the duty-free project at Beijing Capital International Airport [1] - The bid amount includes a guaranteed operating fee of RMB 480 million for the first year and a sales commission rate of 5% for the first year [1] - The operational period for the contract is set from the start date until February 10, 2034, lasting no more than 8 years [1] Group 2 - The signing of this project is expected to enhance the company's channel advantages at core domestic airports [1] - The project aims to meet the diverse shopping needs of inbound and outbound travelers, thereby improving the duty-free shopping experience [1] - Successful implementation of the project is anticipated to have a positive impact on the company's future operational performance [1]