Core Insights - A new batch of eight city duty-free shops is being established in cities like Wuhan and Guangzhou, with the first shop in Guangzhou set to open in mid-August 2024 [2][4] - The establishment of these shops marks a significant expansion of the duty-free business for companies like Wangfujing and Guangzhou Friendship, transitioning from offshore and airport duty-free to city-based operations [3][7] Company Developments - Guangzhou Friendship Group, in collaboration with China Duty Free Group and others, is launching a city duty-free store in Guangzhou, enhancing its retail offerings [2][4] - Wangfujing's first city duty-free store in Wuhan is currently in trial operation, representing a key step in its overall duty-free strategy [3][6] Market Context - The Ministry of Finance and other departments have issued guidelines for city duty-free shops, allowing one store each in eight major cities, focusing on easily transportable consumer goods and promoting domestic products [4][7] - The city duty-free market in China is expected to grow, with the potential for increased sales as it currently represents only 2% of the overall duty-free market, compared to over 50% in South Korea [7][8] Consumer Trends - The demand for duty-free shopping is anticipated to rise with the recovery of inbound tourism, as evidenced by a 43.1% increase in foreign visitors during the recent holiday period [11] - The Guangzhou Friendship store has already seen interest from international travelers, particularly in electronics and cosmetics, benefiting from a "buy and refund" policy [5][6] Financial Performance - China Duty Free Group reported a decline in revenue and net profit in 2024, with a notable drop in Hainan's revenue, but airport duty-free sales have shown recovery, with significant growth in Beijing and Shanghai [8][9] - The overall duty-free market is expected to see sustained growth due to the new city duty-free policies, although challenges remain in the broader retail environment [10]

Group 1: Wuhan Duty-Free Store Operations - The Wuhan duty-free store began trial operations on May 30, 2025, with a total investment of CNY 80.8 million, where Wangfujing Group holds 51% and Wushang Group holds 49% of the joint venture [1] - The store covers an area of approximately 1,800 square meters and has signed contracts for over 100 international brands across various categories including cosmetics, fine wines, electronics, and cultural products [1] - The opening of the duty-free store is expected to enhance consumer experience and attract inbound consumption, contributing to the commercial development of Wushang MALL and surrounding areas [1] Group 2: New Xiangyang Wushang MALL Development - The existing Xiangyang Wushang MALL lease will expire on October 31, 2027, leading to the decision not to renew the contract [2] - The new commercial complex aims to strengthen market competitiveness and sustainable development, with plans for completion in 2027 [2] - The project will facilitate a smooth transition from the old to the new model, introducing flagship stores and filling commercial gaps in the region [2] Group 3: Innovation and New Business Ventures - Wushang Group is diversifying into multiple sectors, establishing "Jiangtun Tianmu" and "Jiangtun Fund" to explore emerging industries [2] - The company is innovating its business model by developing a comprehensive jewelry brand matrix and expanding self-operated businesses in dining and entertainment [2] - The group is also advancing its digital transformation through the establishment of Wuhan Jiangtun Digital Technology Co., focusing on smart retail solutions [2] Group 4: Performance of Wushang Dream Era and Nanchang Wushang MALL - Wushang Dream Era is performing well, while Nanchang Wushang MALL, which opened in April 2023, is still in the process of improving operational efficiency [3] - Wushang Dream Era focuses on family-oriented social platforms and has introduced several first stores for various brands, enhancing consumer engagement [3] - Nanchang Wushang MALL emphasizes high-end luxury brands and features a collection of prestigious names and gourmet dining options [3]

Core Insights - The article discusses the rapid growth of domestic duty-free shops in China's first and second-tier cities, driven by increasing cross-border travel and supportive government policies [6][7][8] - The Ministry of Commerce has issued measures to support the establishment of international consumption centers, emphasizing the importance of domestic duty-free shops in attracting both outbound travelers and foreign tourists [7][11] - The duty-free sector is expected to play a crucial role in the retail landscape, providing new growth opportunities for local businesses and enhancing the shopping experience for consumers [11][19] Industry Trends - The cross-border travel market has seen a significant increase, with a reported 621.2 million entries and exits during the recent Qingming Festival, marking a 19.7% year-on-year growth [14] - Duty-free shopping in Hainan province has also surged, with tourism revenue reaching 1.661 billion yuan, a staggering 464.7% increase compared to the previous year [14] - Analysts predict that the ongoing tariff disputes between China and the U.S. may shift consumer spending towards duty-free channels, particularly for mid-to-high-end imported goods [13] Company Developments - Several companies, including China Duty Free Group and Wushang Group, are actively expanding their presence in the domestic duty-free market, with new stores set to open in cities like Wuhan and Chengdu [8][19] - The strategic locations of these duty-free shops, often near popular tourist attractions and in central urban areas, are designed to enhance consumer accessibility and shopping experience [20][22] - Local brands are expected to leverage this opportunity to increase their visibility and market share, with a focus on integrating cultural elements into their product offerings [19][22]

特此公告。 武商集团股份有限公司 证券代码：000501 证券简称：武商集团 公告编号：2025-024 武商集团股份有限公司 关于参加湖北辖区上市公司 2025 年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，武商集团股份有限公司 （以下简称"公司"）将参加由湖北证监局、湖北省上市公司协 会与深圳市全景网络有限公司联合举办的"2025 年湖北辖区上 市公司投资者集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景 路演"网站（https://rs.p5w.net），或关注微信公众号：全景财 经，或下载全景路演 APP，参与本次互动交流，活动时间为 2025 年 6 月 12 日（周四）14:00-16:40。届时公司高管将在线就公司 治理、经营状况和未来发展战略等投资者关心的问题，与投资者 进行沟通与交流，欢迎广大投资者踊跃参与！ 董 事 会 2025 年 6 月 7 日 ...

红利将于 2025 年 6 月 11 日通过股东托管证券公司（或其他托管 机构）直接划入其资金账户。 证券代码：000501 证券简称：武商集团 公告编号：2025-023 武商集团股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特别提示： 购股份》等相关规定，武商集团股份有限公司（以下简称"公司" ） 通过回购专用证券账户（以下简称"回购专户"）持有的公司股 份 1,908.87 万股不享有参与本次利润分配的权利。 次实际现金分红的总金额=实际参与分配的总股本×分配比例， 即 749,904,031 股×0.2 元/股=149,980,806.20 元人民币。据此 计算，按总股本（含回购股份）计算的每股分红金额=实际现金 分 红 总 额 ÷ 总 股 本 =149,980,806.20 元 ÷ 768,992,731 股 =0.1950354 元，2024 年度分红派息实施后的除权除息参考价=股 权登记日收盘价-0.1950354 元/股。 一、股东会审议通过利润分配方案等情况 《2024 年度利润分配和资本公积金转增股本方案》 【详见 2025 ...

证券代码：000501 证券简称：武商集团 公告编号：2025-023 武商集团股份有限公司 2024 年度分红派息实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1.根据《深圳证券交易所上市公司自律监管指引第 9 号-回 购股份》等相关规定，武商集团股份有限公司（以下简称"公司"） 通过回购专用证券账户（以下简称"回购专户"）持有的公司股 份 1,908.87 万股不享有参与本次利润分配的权利。 2.鉴于公司回购专户的股份不参与 2024 年度分红派息，本 次实际现金分红的总金额=实际参与分配的总股本×分配比例， 即 749,904,031 股×0.2 元/股=149,980,806.20 元人民币。据此 计算，按总股本（含回购股份）计算的每股分红金额=实际现金 分 红 总 额 ÷ 总 股 本 =149,980,806.20 元 ÷ 768,992,731 股 =0.1950354 元，2024 年度分红派息实施后的除权除息参考价=股 权登记日收盘价-0.1950354 元/股。 一、股东会审议通过利润分配方案等情况 1.公司于 202 ...

Group 1 - The Wuhan city duty-free store, operated by Wushang Group and Wangfujing, officially opened on May 30, marking the first new city duty-free store in the country since the new policy was introduced in August last year [1][2] - The store is expected to cater to the consumption needs of over 2 million international travelers annually in Hubei, supporting Wuhan's goal of becoming an international consumption center [3][4] - The store covers an area of 1,818 square meters and has signed contracts for over 100 international brands, offering a variety of products including cosmetics, wines, electronics, and cultural creative products [2][3] Group 2 - The first order was completed within half an hour of the store's opening, showcasing immediate consumer interest, with a Russian traveler purchasing a translation device at a discounted price [3] - The store has met customs regulatory requirements, with nearly 200 cameras installed to ensure the safety of the duty-free product chain [3][4] - Wushang Group has been diversifying its business model, exploring various economic sectors, and reported a revenue of 1.787 billion yuan in Q1, a decrease of 8.62% year-on-year, while net profit increased by 2.85% to 143 million yuan [4]

Core Insights - The newly opened duty-free store in Wuhan, operated by Wangfujing Group and Wushang Group, is the first of its kind in the country following the recent policy changes by the Ministry of Finance and other departments [1][2] - This store is a significant step in expanding inbound consumption in Hubei province and marks an important milestone in Wuhan's development as an international consumption center [1] Company Overview - The duty-free store is located on the sixth floor of Wushang MALL, a high-end shopping center in Central China, which is expected to attract over 32 million visitors in 2024 and achieve sales exceeding 10 billion [1] - The joint venture has signed contracts for over 100 international brands, covering a wide range of product categories, and features local cultural products to promote domestic brands internationally [1] Operational Highlights - The company has developed a unique itinerary verification system for a seamless shopping experience for foreign tourists, ensuring efficient and secure product pickup in compliance with customs regulations [1] - The store successfully passed customs inspection on May 16, confirming that its sales area and regulatory warehouse meet the necessary requirements [1] Market Impact - The project is expected to cater to the consumption needs of over 2 million international travelers annually in Hubei, reinforcing Wuhan's position as a central international consumption hub [2] - The establishment of the duty-free store aligns with the government's initiative to set up one store in each of eight designated cities, enhancing the accessibility of duty-free shopping for international travelers [2]

Core Viewpoint - The opening of Wuhan's first city duty-free shop marks a significant development in China's retail landscape, following new policies from the Ministry of Finance and other departments aimed at enhancing international travel shopping experiences [1][2]. Group 1: Store Overview - The Wuhan city duty-free shop, operated by Wangfujing and Wushang Group, spans over 1,800 square meters and features areas for duty-free products, taxable goods, and a tea break zone [1]. - The store offers a variety of products including cosmetics, 3C digital products, international luxury accessories, beverages, and domestic cultural creative items [1]. - The store is designed for international travelers who are departing within 60 days and requires valid travel documents and tickets for purchases [1]. Group 2: Market Context - The establishment of city duty-free shops is part of a broader initiative to set up one shop each in eight cities, including Wuhan, Guangzhou, Chengdu, and others, enhancing the shopping experience for international travelers [2]. - The location of the duty-free shop in a commercial hub is strategic, allowing for a more relaxed shopping experience compared to airport duty-free stores [2]. - The Wushang Mall is projected to attract over 32 million visitors in 2024, positioning it as a high-end consumption landmark in Central China [2]. Group 3: Product Offerings and Innovations - The store features a taxable goods area showcasing popular domestic brands and over 200 types of traditional handicrafts from Hubei, promoting local culture [3]. - A self-developed itinerary verification system has been implemented to ensure a smooth shopping experience for foreign tourists [3]. - The store has passed customs inspection and is equipped with nearly 200 surveillance cameras to ensure the security of the duty-free product chain [3]. Group 4: Broader Implications - The opening of the duty-free shop is expected to meet the consumption needs of over 2 million international travelers annually in Hubei, reinforcing Wuhan's position as a central international consumption hub [3]. - Other cities approved for new city duty-free shops, such as Chengdu and Changsha, are also progressing towards their operational goals within the year [4].

Group 1 - The Wuhan city duty-free store, operated by Wangfujing Group and Wushang Group, officially opened on May 30 at Wushang MALL, located in a prime area of Wuhan's core business district [1] - The store is designed to sell duty-free products to international travelers departing from China, following a notification from the Ministry of Finance and other departments to establish such stores in eight cities, including Wuhan [1] - The product range includes cosmetics, fine wines, digital products, international luxury accessories, and local cultural products, with a focus on promoting Chinese and Hubei local heritage items through the duty-free store [1] Group 2 - A self-developed itinerary verification system has been launched to enhance the shopping experience for foreign tourists, ensuring a smooth process for duty-free purchases [2] - The store successfully passed customs inspection on May 16, meeting all regulatory requirements for sales areas, warehouses, and information systems, thus ready for operation [2] - Nearly 200 surveillance cameras have been installed in the regulatory area to ensure the security of the duty-free product sales chain [2]