Group 1: China Duty Free Group (601888.SH) - The company is positioned as a leading player in the duty-free market, benefiting from policy support for duty-free consumption, with growth potential in offshore, port, and city duty-free sales [2] - The company is enhancing its online, store, and supply chain capabilities, indicating a long-term strategic layout that is expected to yield benefits as domestic travel and consumption gradually recover [2] - Revenue projections for the company are estimated at 54.69 billion, 61.02 billion, and 65.67 billion yuan for 2025, 2026, and 2027 respectively, with net profits expected to be 3.72 billion, 4.65 billion, and 5.32 billion yuan, translating to EPS of 1.80, 2.25, and 2.57 yuan per share [2] Group 2: XPeng Motors (09868.HK) - The company is experiencing pressure on its main business profitability but has exceeded expectations in technical collaborations, with a strong product cycle and rapid growth overseas [3] - Sales forecasts for the company are approximately 440,000, 700,000, and 910,000 vehicles for 2025, 2026, and 2027, with total revenues projected at 77.3 billion, 124.3 billion, and 154.2 billion yuan, respectively [3] - The collaboration with Volkswagen is expected to deepen, with anticipated profits of around 2.7 billion yuan from this partnership in 2026, and the overall valuation of the company is estimated at 228.3 billion HKD [3]