Ge Long Hui·2025-12-29 10:28Core 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]