王府井成立北京免税品经营新公司，此前中标首都机场免税项目

Core Viewpoint - Wangfujing Group has established a new subsidiary for duty-free operations and has won a bid for a duty-free project at Beijing Capital International Airport, marking a significant expansion in its business operations [1][2] Group 1: Company Establishment and Bid Win - Wangfujing Group Beijing Duty-Free Goods Co., Ltd. has been established with a registered capital of 200 million RMB, focusing on retail and wholesale of daily necessities and cosmetics [1] - The company has been awarded the bid for the duty-free project at Beijing Capital International Airport, specifically for the T2 terminal, with a guaranteed operating fee of 113 million RMB for the first year and a sales commission of 5% [1] Group 2: Contract Signing and Operational Details - A contract has been signed with Beijing Capital Airport Commerce Co., Ltd. for the duty-free project, with the operational period starting from February 11, 2026, or the later date of handover, until February 10, 2034 [2] - This project represents the company's first presence in a major international hub airport, which is expected to enhance its duty-free business scale and market share [1][2] Group 3: Company Background and Financial Performance - Wangfujing was founded in 1955 and has evolved from a single department store to a comprehensive retailer covering various formats [2] - The latest financial report indicates that for the first three quarters of 2025, the company generated approximately 7.709 billion RMB in revenue, a decrease of 9.3% year-on-year, with a net profit of about 124 million RMB, down 71.02% year-on-year [2]