Core Viewpoint - Shanghai Airport is actively working on the new agreement for duty-free projects in accordance with relevant policy requirements, as indicated during the third-quarter earnings presentation [1]. Group 1: Duty-Free Business Developments - Shanghai Airport announced a public tender for duty-free shops at Pudong and Hongqiao International Airports, with the deadline for submitting paper bids set for December 9, 2025 [1]. - The company reported a significant recovery in duty-free business in 2023, with revenues reaching 1.788 billion yuan, representing an almost fourfold increase year-on-year [2]. Group 2: Financial Performance - In the previous year, Shanghai Airport's duty-free contract revenue was 1.212 billion yuan, showing a decline of over 30% compared to the previous year [2]. - The first quarter of this year saw duty-free contract revenue of 343 million yuan, a slight year-on-year decline of 1.15% [2]. - From 2020 to 2022, the duty-free shop rental income significantly decreased due to the pandemic, with revenues of 1.156 billion yuan, 486 million yuan, and 363 million yuan respectively [2].
免税新协议签署何时披露?上海机场回应