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]