11月17日，珠免集团（维权）盘中下跌2.03%，截至10:08，报7.23元/股，成交1.72亿元，换手率 1.24%，总市值136.29亿元。 资金流向方面，主力资金净流出624.71万元，特大单买入835.88万元，占比4.87%，卖出1325.40万元， 占比7.73%；大单买入4455.17万元，占比25.97%，卖出4590.36万元，占比26.76%。 珠免集团今年以来股价涨0.56%，近5个交易日跌0.96%，近20日涨18.33%，近60日涨26.18%。 今年以来珠免集团已经2次登上龙虎榜，最近一次登上龙虎榜为10月22日，当日龙虎榜净买入1670.27万 元；买入总计5000.81万元 ，占总成交额比37.78%；卖出总计3330.54万元 ，占总成交额比25.16%。 资料显示，珠海珠免集团股份有限公司位于广东省珠海市石花西路213号，成立日期1999年6月9日，上 市日期1999年6月11日，公司主营业务涉及房地产开发经营、物业管理、建筑材料的销售等;免税品销售 业务。主营业务收入构成为：免税65.02%，房产板块25.99%，大消费11.28%，其他0.33%。 珠免集团所属申万行 ...

Group 1 - The company is actively monitoring the offshore duty-free policy and planning related strategies [1] - The company will fulfill its information disclosure obligations in accordance with laws and regulations [1]

Core Viewpoint - The company is actively monitoring the offshore duty-free policy and planning relevant strategies, ensuring compliance with information disclosure obligations [1] Group 1 - The company is focusing on the offshore duty-free policy [1] - The company is planning related layouts in response to the policy [1] - The company commits to timely information disclosure in accordance with laws and regulations [1]

Core Viewpoint - Zhuhai Duty Free Group's stock price has shown a positive trend, with a year-to-date increase of 1.67% and significant gains over shorter periods, indicating strong market interest and potential growth opportunities [2]. Group 1: Stock Performance - As of November 13, the stock price increased by 2.09%, reaching 7.31 CNY per share, with a trading volume of 370 million CNY and a turnover rate of 2.74%, resulting in a total market capitalization of 13.779 billion CNY [1]. - The stock has risen 8.78% over the last five trading days, 19.64% over the last 20 days, and 25.82% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, the company reported a revenue of 2.496 billion CNY, reflecting a year-on-year growth of 2.40%, while the net profit attributable to shareholders was -565 million CNY, showing a significant year-on-year increase of 38.67% [2]. - The company has not distributed any dividends in the last three years, with a total payout of 1.206 billion CNY since its A-share listing [3]. Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 3.19% to 58,100, with an average of 32,426 circulating shares per shareholder, which increased by 3.29% [2]. - The top ten circulating shareholders include significant institutional investors, with notable changes in holdings among various ETFs [3].

融券方面，当日融券卖出3900.0股，融券偿还5.13万股，融券净买入4.74万股，融券余量104.04万股。 证券之星消息，11月12日，珠免集团（600185）融资买入5448.55万元，融资偿还5244.75万元，融资净 买入203.8万元，融资余额5.9亿元，近3个交易日已连续净买入累计3276.16万元。 | 交易日 | 融资净买入(元) | | 融资余额(元) | 占流通市值比 | | --- | --- | --- | --- | --- | | 2025-11-12 | | 203.80万 | 5.90亿 | 4.37% | | 2025-11-11 | | 2152.48万 | 5.87亿 | 4.35% | | 2025-11-10 | | 919.89万 | 5.66亿 | 4.11% | | 2025-11-07 | | 111.27万 | 5.57亿 | 4.27% | | 2025-11-06 | | 1588.16万 | 5.56亿 | 4.39% | | 交易日 | 两融余额(元) | 余额变动(元) | 变动幅度 | | --- | --- | --- | --- | | 2 ...

珠海珠免集团股份有限公司 2025年第四次临时股东会 会议资料 二〇二五年十一月十七日 珠海珠免集团股份有限公司 一、本次股东会的议案为普通决议议案，即由出席股东会的股东（包括股东 代理人）所持表决权的过半数通过。 二、出席本次股东会的法人股东持本人身份证、能证明其具有法定代表人资 格的有效证明；授权委托代理人持出席人身份证、法人股东单位的法定代表人依 法出具的书面授权委托书办理登记手续。 出席本次股东会的自然人股东持本人身份证或其他能够表明其身份的有效 证件或证明；授权委托代理人持身份证、股东授权委托书办理登记手续。 三、出席本次股东会的股东及股东代表应于2025年11月12日上午9:00-12:00， 下午14:00-18:00之间办理会议登记。 本次股东会会议须知 各位股东及股东代表： 为维护全体股东的合法权益，确保本次股东会的工作效率和科学决策，根据 《中华人民共和国公司法》《中华人民共和国证券法》等法律、法规、规范性文 件以及公司《章程》的规定，特制订本次股东会会议须知，具体如下： 四、股东及股东代表出席本次股东会应当遵守有关法律、法规及公司《章程》 的规定，自觉维护会议秩序，不得侵犯其他股东的合法 ...

Group 1: A-share Market Performance - The A-share market saw a general decline in major indices, with the ChiNext index experiencing the largest drop [1][3] - Despite the overall downturn, the lithium mining and duty-free concept sectors surged, becoming the main drivers of the market in the morning session [1][4] Group 2: Sector Performance - In terms of industry sectors, beauty care, retail, food and beverage, and agriculture showed significant gains, while communication, electronics, and power equipment sectors lagged [4] - The lithium mining sector saw a notable increase, with a mid-session rise exceeding 2%, and several stocks, including Fangyuan Co. and Weiling Co., hitting the daily limit [4][6] Group 3: Duty-Free Concept Sector - The duty-free concept sector also experienced substantial growth, with an overall increase of over 2%, led by major stocks like China Duty Free Group hitting the daily limit [6] - Recent policy changes from the Ministry of Finance and other departments aim to enhance the duty-free store framework, promoting domestic consumption and expanding product categories [8][9] Group 4: Hong Kong Market Performance - The Hong Kong market performed well, with the Hang Seng Index fluctuating above 26,300 points [2][10] - Stocks such as Pop Mart, Mengniu Dairy, and BYD saw significant gains, while companies like SMIC and Lenovo faced declines [11] Group 5: Specific Company Developments - The stock "Hushang Ayi" in Hong Kong surged over 15% following the announcement of an H-share incentive plan aimed at long-term sustainable development and talent retention [10][12] - The H-share incentive plan allows for a maximum of 5% of the company's total shares to be granted as restricted stock to eligible participants over a ten-year period [12][13]

Core Insights - The A-share market has seen a strong performance in the duty-free concept stocks, with notable increases in share prices for companies such as China Duty Free Group and Dongbai Group reaching their daily limit [1] - The new duty-free policy in Hainan has shown promising results in its first week, with significant growth in both the total shopping amount and the number of shoppers compared to the previous year [1] Company Performance - China Duty Free Group (601888) experienced a 10% increase in stock price, with a total market value of 179.8 billion and a year-to-date increase of 31.95% [2] - Dongbai Group (600693) saw a 9.96% rise in stock price, with a market capitalization of 65.33 billion and a year-to-date increase of 8.74% [2] - Haikou Group (603069) had a stock price increase of 9.45%, with a market value of 9.512 billion and a year-to-date increase of 64.84% [2] - Caesar Travel (000796) rose by 8.6%, with a market capitalization of 12.6 billion and a year-to-date increase of 93.33% [2] - Zhuhai Duty Free Group (600185) increased by 7.8%, with a market value of 14.1 billion and a year-to-date increase of 3.76% [2] - Wangfujing (600859) saw a 6.9% rise, with a market capitalization of 17.6 billion and a year-to-date increase of 2.08% [2] - Zhongbai Group (000759) increased by 5.17%, with a market value of 5.122 billion but a year-to-date decrease of 40.90% [2]

Group 1 - The core viewpoint of the news is that Zhuhai Zhimian Group's stock has increased by 5.06%, reaching a price of 7.27 CNY per share, with a trading volume of 328 million CNY and a turnover rate of 2.46%, resulting in a total market capitalization of 13.704 billion CNY [1] - Zhuhai Zhimian Group, established on June 9, 1999, and listed on June 11, 1999, is primarily engaged in real estate development, property management, sales of building materials, and duty-free goods sales. The revenue composition is as follows: duty-free sales account for 65.02%, real estate for 25.99%, consumer goods for 11.28%, and others for 0.33% [1] Group 2 - Among the top ten circulating shareholders of Zhuhai Zhimian Group, one fund under Huaxia Fund holds a position. The Huaxia CSI 1000 ETF (159845) reduced its holdings by 9,400 shares in the third quarter, now holding 6.1471 million shares, which represents 0.33% of the circulating shares. The estimated floating profit today is approximately 2.1515 million CNY [2] - The Huaxia CSI 1000 ETF (159845) was established on March 18, 2021, with a current scale of 45.469 billion CNY. Year-to-date returns are 28%, ranking 1991 out of 4216 in its category; the one-year return is 19.14%, ranking 2066 out of 3917; and since inception, the return is 28.79% [2]

Market Overview - On November 7, the real estate development sector declined by 0.27% compared to the previous trading day, with Yingxin Development leading the decline [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Stock Performance - Notable gainers in the real estate sector included: - Yudai Development (Code: 000514) with a closing price of 6.39, up 9.98% and a trading volume of 1.1098 million shares, totaling 703 million yuan [1] - ST Zhongdi (Code: 000609) with a closing price of 9.25, up 4.99% [1] - Major decliners included: - Yingxin Development (Code: 000620) with a closing price of 3.16, down 6.51% and a trading volume of 7.4858 million shares, totaling 242.6 million yuan [2] - Caixin Development (Code: 000838) with a closing price of 3.32, down 5.68% [2] Capital Flow - The real estate development sector experienced a net outflow of 941 million yuan from institutional investors, while retail investors saw a net inflow of 697 million yuan [2] - The capital flow for specific stocks showed: - Wan Ye Enterprise (Code: 600641) had a net inflow of 1.3 million yuan from institutional investors, but a net outflow of 1.92 million yuan from retail investors [3] - Zhu Mian Group (Code: 600185) had a net inflow of 34.63 million yuan from institutional investors, but a net outflow of 34.14 million yuan from retail investors [3]